Home Buying Trends for 2013

REALTOR Logo

Remember the old days………you go to the store and outside are kiosk racks of homes “For Sale” magazines and books of “For Sale” homes? You would pore over those publications and circle homes that looked interesting, then walk into a real estate office with it in hand.

Remember the old days……..you would walk into a real estate office and leave with a stack of MLS print-outs of “For Sale” homes to review, drive-by the neighborhoods, check out the other homes on the block, and select a few listings to go see?

Remember the old days……..Realtors used Television ads, Billboards, car door signs,  and other print media as methods of marketing to potential buyers?

Thankfully those days are now gone forever! …continue

2013–Best Year for Housing Market since 2006!

cape arial yacht club

We have just made it thru the first quarter of 2013 and we are seeing solid evidence that our local real estate market is well on its way to being the best year for the housing market in over 7 years. While challenges still remain, like getting lenders to make loans a little easier to obtain, we are seeing good numbers in the housing sector here in Lee County. …continue

If your thinking about moving up into a larger home….read this now!

dow

Here are the simple facts for a “sell and move up” in size home strategy…..ACT NOW!

Prices have been rising on homes now for 14 consecutive month’s. If your selling one home to move up and into a larger one, it does you no good to wait for prices to climb higher……..the price of the move-up new home will increase in value faster, than the price on the home your’re leaving behind. The time for this type of buyer to take action is now! …continue

Tips in an “Up Trending” Real Estate Market!!

statistics

Excerpts taken from Berge Aslanian, and his “Real Estate Trends” article with the Chamber of Commerce.  Berge is a 7 year Re/Max Island Harbor Realtor, in Cape Coral.

Everyone knows that in a market with prices going down……..you tighten your financial belt and wait out the storm. Does that also mean that in an “up Trending”  market the opposite is true? Perhaps Yes!

In December 2012 there were 202 Cape Coral homes sold, with an average sales price of $144,000. In February 2013 there were 231 Cape Coral homes sold with an average sales price of $155,000.

In December 2012 there were 21 Cape Coral condo’s sold with an average sales price of $100,500. In February 2013, there were 36 Cape Coral condo’s sold with an average sales price of $106,000. …continue

Why use the Services of a Realtor?

REALTOR Logo

I often see and hear comments from sellers, that it would be easy to sell their home as a “For Sale By Owner” to avoid the Realtors Brokerage fee. Equally as often is the comment from a buyer that they only want to deal with the “Listing Agent” on a property, to perhaps make the Brokerage fee smaller since another Realtor is not involved.

From experience, I can tell you there are many reasons for using the services of an experienced Realtor. Here are a few of the most important.

1] The purchase contract itself.  

This is a big one! Today’s purchase contract that is used in our area is 10 pages long. That’s right, a full 10 pages of legal jargon drafted by the Florida Bar. There are 20 separate topics addressed in the basic contract ranging from default litigation issues, inspection periods, method of payment for the home, loan verbiage, escrows and deposits, title choices, assignment of contract……etc. …continue