Tuesday Nancy and I had a long but fun day at our new listing at 16501 Gulf Shores Drive. We prepared the home for a video and photography shoot by staging the property to look its best. We moved furniture, changed out art and even installed a bit of color in the garden as the homeowners were busy with their own projects.
We hired the most respected photographers and Video Experts in the area, and directed models to help showcase the homes most outstanding features. We are very excited and know you will love seeing the video and photos in this weeks articlel "
The Best of Everything".
Another thing I'm sure you are going to love as much as I do is the new and greatly improved
BOCAGRANDELISTINGS.COM . Nancy has been working day and night with our Web-designer to get it right and it is awesome. Just yesterday the site was launched . If you are looking for a site full of cat videos or scantily clad coeds this not the site for you. However if you are looking for the most advanced and up to date Real Estate Search tool in the area you have found Nirvana. Whether you prefer to search by map, address or number of bedrooms etc, your going to love it.
Yes busy season is here and it is the excitement of this time of year that makes this the best job in the world. Although we are busy we thrive in this environment and are never to busy to help you or your friends and family with their Real Estate needs. Give us a call and see what a difference we can make.
With that said we have maybe the most exciting news in years! Ellie Young a 30 year veteran of the Boca Grande Real Estate business has joined our team! I have worked with Ellie for 14 years and have learned much from her years of experience. The chance to now work even closer and for us to collaborate on Ideas is genuinely a highlight for 2017. Welcome Ellie!
Kevin
Our Economist's 4 Bold February Predictions, From Interest Rates to Groundhog Shadows
Can you believe we're barely a month into 2017?! Whew! The year promises to hold more tumult ahead-but also growth. Yes, with a handful of early data points from January, I am prepared to make some bold predictions for how critical events are likely to unfold in February, shaping the upcoming spring buying season.
How quickly interest rates move this year will have an impact on the real estate market. Rates moved more than 50 basis points after the election and registered the highest average for a month in more than a year in December. (
One basis point is equal to 0.01%.)
Though rates bounced around from day to day in January, mortgage rates on average were slightly lower in the month compared with December. This gives prospective buyers some stability to navigate a market with historically low inventory before rates continue their march upward.
Meanwhile, consumer confidence remains high to start the year. If we see good news on the employment front for January and a heartwarming sports story to distract us momentarily from politics, we can get closer to spring, with strong demand fundamentals for the housing market. So let's shake up that magic eight ball and bravely forecast the (near) future!
Bold prediction No. 1: Mortgage rates will stay put-for now. Since the Fed announced today that it wouldn't be raising short-term interest rates, we probably won't see any movement until there are clear data points showing more significant growth and inflation. A change could come at the March meeting, but the next few weeks should be calm.
Bold prediction No. 2: Punxsutawney Phil will predict a longer winter, but that won't deter home buyers. When the adorable groundhog sees his shadow, the legend holds that we endure six more weeks of winter. Yet, what the past 96 years of history shows us is that February ends up colder than the historical average only half the time when he's spooked by his shadow. Even if the weather ends up colder, prospective home buyers will be out in large numbers in February to beat the spring crowds.
Bold prediction No. 3: February will see more new listings come on the market compared with last year. We've seen nine straight months in which fewer new listings were added to the market than the same month in the prior year. With home values on average recovered and existing owners looking to move before interest rates move higher, growth in February will give us just enough new inventory to keep supply from getting even tighter.
Bold prediction No. 4: Based on consumer confidence, the Atlanta Falcons will win Super Bowl LI. New England is the ultimate establishment team-no other team has been to more Super Bowls. In other words, the majority of people outside of New England want them to lose. Lose
big. So when the
Patriots win, it's a blow to our collective psyche.
New England won the Super Bowl in 2002, 2004, 2005, and 2015. And in each of those Februaries, the Conference Board's Consumer Confidence Index declined from the prior month. Likewise, the University of Michigan's Consumer Sentiment Index also declined after Patriot wins.
With the power of the people behind them-along with their high-powered offense and killer defense-Atlanta will find a way to overcome the evil empire, and we will all feel better as a result. If we combine stronger sentiment with stable and historically low mortgage rates, strong demand, decent weather, and more inventory, we should see more happy buyers in the months ahead.
RES 4658 ARLINGTON DR, CAPE HAZE WINDWARD, PLACIDA, $369,000
RES 8338 CREEKVIEW LN, OYSTER CREEK, ENGLEWOOD, $250,000
RES 11317 OCEANSPRAY BLVD, PORT CHARLOTTE, ENGLEWOOD, $219,900
RES 10075 BENTLEY AVE, PORT CHARLOTTE, ENGLEWOOD, $229,900
RES 8409 PLACIDA RD Unit#407, CAPE HAZE RESORT, PLACIDA, $174,900
RES 9624 PIECES OF EIGHT TRL, GASPARS HIDEAWAY, PLACIDA, $345,000
RES 171 BROADMOOR LN, BROADMOOR, ROTONDA WEST, $249,900
RES 24 PINEHURST CT, PINEHURST, ROTONDA WEST, $334,900
RES 167 JADE ST, ROTONDA LAKES, ROTONDA WEST, $245,900
Price Change
RES 2158 OYSTER CREEK DR, GROVE CITY TERRACE, ENGLEWOOD, From $363,000 to $335,000 (-$28,000)
RES 1922 MISSISSIPPI AVE, GROVE CITY SHORES, GROVE CITY, From $1,400,000 to $1,333,000 (-$67,000)
RES 170 KETTLE HARBOR DR, PALM ISLAND ESTATE, PLACIDA, From $1,100,000 to $1,050,000 (-$50,000)
RES 11570 BRIDLE PATH LN, GASPARILLA PRESERVE, PLACIDA, From $879,000 to $865,000 (-$14,000)
RES 13124 VIA FLAVIA, PORTOFINO, PLACIDA, From $499,000 to $475,000 (-$24,000)
RES 11160 HACIENDA DEL MAR D-305, HACIENDA DEL MAR, PLACIDA, From $379,000 to $359,900 (-$19,100)
RES 40 BONITA ST, CAPE HAZE EAST, PLACIDA, From $449,900 to $439,900 (-$10,000)
RES 960 BOUNDARY BLVD, WHITE MARSH, ROTONDA WEST, From $424,900 to $419,900 (-$5000)
RES 38 CLUBHOUSE CT, PINEHURST, ROTONDA WEST, From $389,000 to $374,900 (-$14,100)
RES 330 CAPSTAN DR, CAPE HAZE, PLACIDA, From $624,000 to $599,000 (-$25,000)
RES 10 COBIA DR, CAPE HAZE EAST, PLACIDA, From $899,000 to $879,000 (-$20,000)
VAC 10100 CREEKSIDE DR, CORAL COVE, PLACIDA, From $145,000 to $135,000 (-$10,000)
VAC 6850 PALM ISLAND DR, ISLAND HARBOR BEACH CLUB, PLACIDA, From $634,900 to $510,000 (-$124,900)
VAC 33 WINDWARD RD, CAPE HAZE WINDWARD, PLACIDA, From $99,000 to $110,000 (+$11,000)
Pending
RES 7470 PALM ISLAND DR Unit#2822, PALM ISLAND VILLAGE, PLACIDA
RES 11200 HACIENDA DEL MAR BLVD Unit#306, HACIENDA DEL MAR, PLACIDA
RES 8777 CONCH AVE, CORAL CAYE, PLACIDA
RES 8529 LAKESIDE DR, OYSTER CREEK, ENGLEWOOD
RES 26 SPORTSMAN CIR, BROADMOOR, ROTONDA WEST
RES 4658 ARLINGTON DR, CAPE HAZE WINDWARD, PLACIDA
RES 395 PELICAN BND, CAPE HAZE, PLACIDA
RES 10495 CONQUINA CT, CORAL CAYE, PLACIDA
RES 8840 CONCH AVE, CORAL CAYE, PLACIDA
Sold
RES 1965 ARKANSAS AVE, GROVE CITY SHORES, ENGLEWOOD, List Price $399,000, Sold for $381,000
RES 9352 LITTLE GASPARILLA IS, LITTLE GASPARILLA, List Price $325,000, Sold for $300,000
RES 11752 ANGLERS CLUB DR #114, CORAL CREEK ANGLERS, PLACIDA, List Price $499,000, Sold for $418,000
RES 470 KETTLE HARBOR DR, PALM ISLAND ESTATE, PLACIDA, List Price $1,195,000, Sold for $1,090,000
RES 66 LONG MEADOW PL, LONG MEADOW, ROTONDA WEST, List Price $299,000, Sold for $299,000
RES 10446 COQUINA CT, CORAL CAYE, PLACIDA, List Price $313,900, Sold for $380,996
Based on information from the My-Florida Regional MLS, for February 2, 2017. This information may or may not include all listed, expired, withdrawn, pending or sold properties of one or more members of the My Florida Regional Multiple Listing Service.
The Best of Everything!
The Best of everything! $1,595,000
Best Value! Over 3200 sf of living space, 4 bedrooms, 3.5 baths with extraordinary long water views. An additional 3729 sf of garage, work shop, climate controlled storage and ... Lowest price per sf in Boca Grande period!
Best Quality! It's a Rutenburg! The quality and design leader of luxury homes in Florida since 1953.
Best Location! Just a 10 minute golf cart ride to the Village.An enclave of the only 3 private home-sites on Lake Gasparilla. Kayaking, paddle boarding, and Sailing from your back yard.
Best Beach! Boca Grande Club membership included. Beach chairs, towel service, Tiki bar, Gulf side pool, Gourmet dining, fitness center, and tennis, all just a 4 minute bike rideaway!
Best Golf! Coral Creek Club and Gasparilla Inn just 9 minutes away!
Best Opportunity! Purchase the adjoining lakefront parcels below market, expand, invest or family compound? The entire Compound is available at $2,560,250