Real Estate News and Notices for SW Florida, USA
We've been hearing about timing the real estate market and when will the bottom be. Though it's never easy or for that matter, recommended to try and time the market, we think it's right now. Why? Because we've been experiencing it first hand in our day to day business for the last 6 months here in SW Florida.
Here's an article that just might make you think about getting your place in the Sun and a piece of the action while the prices and selections are excellent!
Daily Real Estate News
| March 15, 2010
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Share Housing Experts Say Real Estate is Recovering
Some of the nation’s top economists believe the housing market has turned and better days are on the way for the housing industry.
Increases in jobs, credit, and affordable homes will overcome impediments such as rising interest rates, and the expiration of the Federal stimulus program to push the housing market toward recovery, says Dean Maki, chief U.S. economist for Barclays Capital.
“I would bet even odds that we’re at a bottom and that we’re going to see improvement in the coming months,” says Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College.
“The underlying trend is turning positive,” says Bruce Kasman, chief economist at JPMorgan Chase & Co.
Source: Bloomberg, Kathleen M. Howley and Rich Miller (03/15/2010)
Click on the Link below for a Complete National Housing and Real Estate Report from NAR.
Brought to you from The According To Hoyle Group-According To Hoyle, Inc.
941-235-3528
info@accordingtohoyle.com
NAR Housing Report PDF
| Hello! This is our Monthly Newsletter for March. I hope you enjoy it! Let's stand back and look at the big picture - real estate is not only local, it's also global. To understand the future, I start by looking at trends in other parts of our nation and world. Certainly we are in a time of flux and economic challenges. Yet owning property continues to prove to be our wisest investment. The news that interest rates will remain low from U.S. Federal Reserve Chairman, Ben Bernanke, has had a positive impact. The Wall Street Journal recently reported that "access to liquidity for property developers and the fact that the U.S. is keeping interest rates low are helping to improve sentiment." There has been a positive, subtle shift in the global markets. Major Asian real estate groups are showing gains of 2.7 to 5.5%. In the United States, existing home sales, including single-family, townhomes, condos and co-ops, were at 5.05 million units in January. This represents a rise of 11.5% above the 4.53 million–unit level in January 2009. The total available inventory for housing nationwide fell to a 7.8-month supply, down 9.6% from last year. On a local level, activity is picking up. With the stimulus of the tax credits and lower available inventory, values are beginning to settle. In some cases, we are even seeing multiple offers for well-priced listings. Today's affordable housing prices are tempting to buyers looking for a wise investment. The Deadline for the Tax Credit remains at April 30th, 2010. This means you must be in contract by April 30th with a closing date no later than July 30th, 2010. Call for more datails regarding this or speak with your tax advisor to take advantage of this fabulous opportunity. It is important to evaluate every option while interest rates are low. Please know that I am here to meet your real estate needs. |
|  9332 Vivante, Punta Gorda, FL 33950 - $289,900
Breathtaking Views from your Spacious Lanai overlooking beautiful Charlotte Harbor with Sparkling Water, Sailboats and more.
Experience SW Florida in the Paver-Lined Streets and Bridges, Gated Community of Vivante with a 12,000 sq. ft. Clubhouse, Fitness Center, Har-Tru Tennis, Lap Pool and a Vanishing Edge Lagoon-Style Pool. This is living with Granite Kitchen and Custom Cabinets, an Elevator right to your Private Foyer, and completely Turn-Key Furnished! See it on Featured Properties at:
Punta Gorda-Port Charlotte Homes and Properties
Call 941-235-3528 and ask for Terrie or Bill Hoyle of The According To Hoyle Group. |  26191 Angelica Rd., Punta Gorda, FL 33955 - $94,900
Check out this 3 bedroom home with a family room, living room, a huge lanai and room for the Boat/RV/Toys if you like. This is a good bargain with a vaulted living room, oversized garage, 2 full baths and easy access to Punta Gorda and south to Cape Coral/Ft. Myers if you like. Call on this one! Won't Last!!941-235-3528 |  624 FlamingoDr., Suite 201, Venice, FL 34285 - $249,900
Visit the quaint village area of San Ramon (Venice, FL) with this freshly painted and fully turn-key Condo with a sparkling pool, landscaped grounds and your own white-sand beach! The home is ready to move in and has a spacious living area with 991 sq. ft. under-air. Everything is close by with more to do than you'll ever have time for from golfing, fishing/boating, sports events, cultural activities including art and music, nature walks, theatre and comics, movies and shopping until you drop. Dine out at multiple restaurants and eateries or just relax by the pool (heated) and feel the tropical breezes and sunshine all winter. To see this great opportunity, call us at: 941-235-3528 or toll free: 877-75HOYLE
Other homes listed much higher! Great Price! See it! |  2724 NW 46th Ave., Cape Coral, FL 33993 - $450,000
JUST REDUCED $50,000.00 MOTIVATED SELLER SAYS SELL NOW!!!Fabulous views of the Preserve (Private) with sea-wall and canal access to the Gulf of Mexico. This 3,100 sq. ft. under-air, custom home features a gourmet kitchen, dining areas, a sparkling pool and lanai plus everything you want! Truly an Architectural Beauty! Call us to learn more and see this Special Home today! 941-235-3528 or Toll Free: 877-75HOYLE |
Q: Have you ever been asked if you have a green thumb? A: Pull out your gardening gloves and get ready for spring; Home gardening is catching on. Last year, the National Gardening Association reported a 29% jump in the number of home gardeners this past year. One fun way to start gardening is to plant something edible - there’s nothing quite like picking and eating a tomato on the spot. One great resource for home gardening is www.localharvest.org. There are over 1,200 varieties of seeds in their catalog. Have fun! South Florida experienced a frost this winter which was highly unusual. I was told that the colder winter was a result of Global Warming. So my question is, if the colder winter was a result of Global Warming, if we had a very warm winter (Usually the case with average temperatures of 75 degrees) is this the result of Global Cooling? Your Thoughts? Somebody Enlighten Me! Home Depot and a host of other resources have excellent buys on Tropical Trees, Flowers and various plants. I've found Florida to not only be a fun place to do gardening but very affordable. I believe some tropical plants will need replacing. I'm told to cut them down low and see what happens. Most will recover however if not, it's off to the gardening store you go. (Most deliver right to your door.) (By the way... want to know where the term green thumb came from? Tobacco farmers used to remove the flowers from their crops by picking off the tops using their thumbnails. After a while, the farmer’s thumb would get stained green.) Green building is here to stay. But if you're looking to buy green, beware - there are a lot of conflicting claims and options out there. That's one of the reasons why the Leadership in Energy and Environmental Design (LEED) is emerging as the “recognized standard for measuring building sustainability,” according to the Natural Resources Defense Council. A LEED certification recognizes that a construction project or building uses environmentally friendly building practices. You can find out more by visiting www.nrdc.org. Here's an inside scoop on getting a waterfront property that should appreciate in value very fast! Read the Charlotte County Project that is happening around three bridges that are currently 10-12 ft. clearance with one bridge out to Charlotte Harbor. These are already great investments and affordable due to the very quick water access.This should allow some boats with higher clearance requirements such as Radar and Fly-Bridges. If the bridge is raised by 2 to 4 ft.+/-, more boats of this type will have better access and the homes that use these waterways will benefit. We know all of the areas around the water and can help. Give us call and get a jump on this potential opportunity! •Estimated total project costs = $28.9 million. •$20 million allocated via 2009 Sales Tax Extension. •Remaining funding via Transportation Impact Fees and Gas Tax. •Widen existing 2-lane roadway to a 4-lane divided roadway between Harbor Boulevard and Midway Boulevard. •Project length is approximately 2 miles. •Replace Sunrise Waterway bridge. •Replace East Spring Lake bridge. •Replace West Spring Lake bridge. •Modify geometrics and signalization at Harbor Boulevard intersection. •Widen and signalize Midway Boulevard intersection. (Signalization subject to meeting Florida Department of Transportation warrants). Call 941-235-3528 Ask for Bill or Terrie Check out this link. These guys are funny yet very informative. Let me know if you like it. They address financial issues facing Mortgage Brokers & lenders along with some economic news and events. I like it so I thought you might too. http://www.thinkbigworksmall.com/mypage/player/tbws/24241/1593559 Call us for a List of Properties for sale that fit your specific interests! SW Florida Real Estate Awesome Prices and Values! Now's the Time to Buy!! http://www.homespuntagorda.com Thanks for reading! The According To Hoyle Group You've got a life; We help you live it! 877-75HOYLE or 941-235-3528 Sun Realty | |
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Winter real estate is moving slowly as I expected. History again proves that December and January mark less activity, due to the holidays and inclement weather. Still, existing home sales for December 2009 nationwide were 15% above the December 2008 numbers. This rise in sales represents the first annual sales gain since 2005. For all of 2009, there were 5,156 existing home sales, which was 4.9% higher than the 4,913,000 transactions recorded in 2008.
The factors that continue to encourage positive growth in home sales include the following:
- Attractive mortgage rates.
- Expanded home buyer tax credits.
- Low inventory. (We are no longer in a buyer’s market but in a balanced market. If inventory goes lower, it will be a seller’s market.)
Lawrence Yun, NAR’s chief economist, predicts, “By early summer the overall market should benefit from more inventory, and the sales are on track to rise again in 2010. Job creation is key nationwide to a continued recovery in the second half of the year.”
With spring’s notoriously busier real estate activity around the corner, now may be a good time to consider a move. I would love to connect with you about your real estate goals for 2010.
Check out this Study regarding what makes for a Happier Life!
Sunshine and Open Spaces Equal Happiness
People who live in warm, sunny states where the living is easy are happier than people who live where the weather, prices, air quality, and congestion aren’t so agreeable, according to comparison of statistics compiled by the Centers for Disease Control and Prevention.
The study asked participants: “How satisfied are you with your life?” The results showed that the happiest state is Louisiana; rounding out the top five are Hawaii, Florida, Tennessee, and Arizona.
New York State is at the bottom of the happiness scale. California ranks 46.
Economists Andrew J. Oswald of the University of Warwick in England and Stephen Wu of Hamilton College in Clinton, N.Y., published these finding in Friday’s edition of Science magazine. Oswald says the happiest people tend to live in states that do well in quality-of-life studies, and people who live in states where there are long commutes, congestion, and high prices are more likely to be unhappy.
Source: Associated Press, Randolph E. Schmid
Q: When buying your next home, is bigger still better?
A: Although two-story homes are still in demand, I’m seeing more and more listing descriptions that read like this – For Sale: SINGLE STORY HOME. The ease of living in a single story home is becoming increasingly appealing to a large number of buyers.
One group looking for single story homes is the 55-plus age group. These buyers represent 38% of all U.S. households and, by 2019, will represent 45%. Also, while the U.S. as a whole has about a 67% homeownership rate, the 55-plus group has an 80% rate.
But others also are seeking single story homes. Many 40–55 year old buyers are considering buying not for just the next seven to ten years, but for retirement as well. Traditions, memories, and financial security may motivate these buyers to stay put. Whatever their reason, when these buyers are looking for a long term or life-time purchase, bigger may not be better.
What’s your preference? Single story or two story? What meets your needs?
Supporting local businesses is good for many reasons. I want to have a corner pharmacy, a Saturday farmer’s market, a great pizza spot or takeout Chinese restaurant within minutes of my home. And if I don’t shop locally, one day I may just drive by and find that business gone.
What you may not realize is that supporting our local businesses is also good for your real estate values. These businesses create jobs. A community that is vital stimulates our local economy. And buyers want to live in communities like this.
So if you’re heading out with friends or family for dinner this month, check out websites like www.opentable.com to check out the menus of our local restaurants. You can also make a reservation online there. Another good place to search for local restaurants is www.zagat.com.
Even though the overall sales numbers increased by almost 5% in 2009, there were still properties that dropped in value. It seems that some of our nation’s most expensive properties are not immune to the nationwide housing slump. For example, there is a 132-room mansion on the East Coast that is estimated by www.zillow.com to have dropped in value by 5.1%. Yet many may say it’s “priceless.”
What mansion am I talking about? Here’s a hint: 1600 Pennsylvania Avenue, Washington D.C. Designed by an Irish architect and built in 1792, this mansion stands at 55,000 square feet, is on 18 acres, has 16 bedrooms, 35 bathrooms, 3 elevators, 28 fireplaces and an underground bunker.
Ring a bell? It should because you “own” it. It’s the White House.
Call us for a List of Properties for sale that fit your specific interests!
SW Florida Real Estate
Awesome Prices and Values! Now's the Time to Buy!!
http://www.homespuntagorda.com
Thanks for reading!
Bill & Terrie Hoyle
AARE CAI GSA RECS
The According To Hoyle Group-Sun Realty
You've got a life; We help you live it!
877-75HOYLE or 941-235-3528
Bonus Link: Here's a Link for you that are cost concious about utility expenses and want to go Green:
http://energysavers.gov/your_home/appliances/index.cfm/mytopic=10020
North Port, Sarasota County - Announcing a price reduction on 2885 Muglone Lane, a 1,921 sq. ft., 2 bath, 3 bdrm single story. Now 
MLS® $99,900 - Just under 2,000 sq. ft..
Property information
Punta Gorda Isles, Punta Gorda - Announcing 9332 Vivante, a 2,338 sq. ft., 3 bath, 3 bdrm "Mediterranean-Style Village Gated-Secure!". Now MLS® $289,900 - Open Harbor-Water Views!.
Property information
Short Sale-Must Sell!
• 1,432 sq. ft., 2 bath, 3 bdrm single story "Nice Size Pool with Lanai" - 
MLS® $79,900 - Great Buy Pool Home
NE Port Charlotte, Port Charlotte - Now this is a bargain for 3 bedrooms, hardwood-style floors, new tile and kitchen cabinets and is very inviting. This home is situated in a great neighborhood with nice homes all around and close to everything. This is a must see! The over-sized pool with newer cage and huge entertainment area is perfect for gatherings and a refreshing swim. Newer roof too! This is a short-sale with pre-approval at list price. Sold As Is.
Make an appointment today!
Property information
NE Port Charlotte, Port Charlotte - Announcing a price approved by lender short-sale at 20176 Susan Ave., a 1,432 sq. ft., 2 bath, 3 bdrm single story "Over Sized Pool with Lanai". Now MLS® $79,900 - Great Buy Pool Home.
Property information
Manicured Community-Pool-Tennis-FOR RENT
• 870 sq. ft., 2 bath, 2 bdrm multiplex " Outstanding Location-Deep Creek" - $695 USD Monthly - Includes Assoc. Fee
Deep Creek, Punta Gorda - Wood Laminate Floors, Tile, Granite and More! All New Appliances including Smooth-Top Range- Get inside and check out the area for a year if you like. You'll love Charlotte County and what it has to offer! Beat the Cold and have a Vacation-Retreat in SW FL near Charlotte Harbor for boating/fishing/sailing, golfing with Deep Creek Golf & Country Club within 4 mintes, a heated pool, tennis, shuffle board, Bocce Ball, Horse-Shoes, a puting green and more right on site. It's all included in your rent along with all maintenance, garbage pick-up and more. This is a real fun place to live and there's activities if you like as well with cook-outs by the pool and clubhouse! There's plenty of restauarants and entertainment very close with shopping and well; you get the picture! Tropical Zone 9 is waithing for you.
So if you're looking to check out our area before you buy or if you just feel more comfortable renting for now, check out this Condo that has a view from the front door to the pool and other amenities.
Property information
South Punta Gorda Heights, Punta Gorda - Announcing 26191 Angelica, a 1,476 sq. ft., 2 bath, 3 bdrm single story. Now $99,900 - Affordable Punta Gorda FL. Over-Sized Lot & Garge! Great Buy!!
Property information
NW Cape, Cape Coral - Announcing a price reduction on 2724 NW 46th Ave., a 3,100 sq. ft., 3 bath, 3 bdrm 2 story "Contemporary Design". Now MLS® $500,000 - Waterfront Home.
Property information
South Venice Beach, South Venice - Announcing a new listing on 201-624 Flamingo Dr., a 991 sq. ft., 2 bath, 2 bdrm other "Condo Furnished-Beach Complex". Now 
MLS® $249,900 - Affordable Beach Condo. White Sand Beaches Await!
Property information
These days you need to be 3 steps ahead of the gang on these fabulous bargains and opportunities. Check this Blog Daily and get the updated List or sign up at the Website for one to be e-mailed to you daily. Call or e-mail us if you need any assistance.
Look for next week's new Blog Post or get in on the latest Real Estate News and interesting events or informational sites by e-mailing us using "Get the Buzz-Hoyle Report" as the subject line.
It's all free and your information is not shared EVER with any outside parties.
Thanks and Make it a Great Day!
Bill Hoyle
The According To Hoyle Group - Sun Realty
Your Florida Real Estate Connection
SW FL Foreclosures
Double Side-By-Side Lots One Price!
• lot / land "Double Lot With Public Water" - MLS® $16,000 - Price is for Both Lots
NW Port Charlotte, Port Charlotte - Double Lot in Port Charlotte near beach complex/parks, boat ramps, shopping and every amenity you could ever want in SW Tropical Forida! Public Water at street. Build your dream home on a setting with no restrictions for the RV, Boat and Toys. There's room for that large garage you've always wanted too! (Taxes shown are per lot.)
Price Shown $16,000 is for both lots!! Great investment in a growing and popular area.
Enjoy golfing, the Harbor and fishing/boating year-round. You can't find them any better than this! Call today for a showing and more info!
Property information
Oh, I know it's just another Realtor telling you now's the time to buy! Well the truth is, many others including highly rated experts are saying the same thing. Is now really the time to buy?
The simple answer is; YES!!
Here's why. First of all, we must emphasize that Real Estate is Local in Nature! This simply means that one market may be very different than the other. That's why I laugh when you see National Statistics on the news programs and in the newsrags that are so general that they really mean nothing. Savvy people already know this. In fact, they love it. It limits their competition when they go to buy. Getting a good buy is not just for investors you know. People that wish to own, live, enjoy their homes and grow a family or have memories know that there's nothing like owning your own home. It makes good sense emotionally but also financially.
I don't know about you but a Stock is nothing but a piece of paper to me any more. It is not only very volatile but gives me nothing in return as far as enjoyment or any tangible benefit. I can't grow a garden on it, I can't walk on it, build on it, and all of the Real things you get with Real Estate. A home is where your heart is and let's face it; what are your fondest memories? My guess is that it's your childhood growing up in a home and the surrounding areas or perhaps the lake home where you and your friends fished, swam, water-skied or the like. Maybe it's the wooded settings or hills, sandy beaches near by, friends you had or love of family. These are the most important things in life and the last things most of us will probably reflect on when we're in our last moments here on earth.
I'm speaking of SW Florida and the market here where I saw prices drop in half. The homes are now more affordable than ever and with interest rates being low, it is the best time to jump in before rates go higher. (They're being held down artificially right now in my opinion.) There is approx. 9.3 months supply of homes on the market right now in this general area. This means that in a normal market, approx. 6 months supply would be available. So with a 9.3 months supply, it would take 9 months to sell off most of the current inventory of homes on the market. What does this mean? It means there are some good choices and options for most home buyers.
Then there's the Tax Credit that is available to many home buyers. You can learn more about that on the website at: http://www.homespuntagorda.com (See the video)
Now let me see; good choices, low interest rates, prices very, very attractive............
There are many buyers in our marketplace currently that have figured this out. If you're thinking about it, the time to get moving is now! Seriously! No Bull, No Bias, No Kidding! Snooze-You-Lose! Spaek Now or Forever Hold Your Peace!