market update: Marco Island: December 2010 Market Report
- 01/13/11 04:52 AM
The cold weather coupled with the stronger economy, low interest rates, and pent up demand, has provided a backdrop of increased activity and buyer interest in the local real estate market.From November 2009 to April 2010, Marco Island experienced a surge in activity with the strongest sales reported in 5 years. After April 2010, our local economy and real estate market suffered from the the oil crisis. Recent reports, specificially December 2010, show we are back on track with positive sales trends. December 2010 Closed Sales Trend Closed sales were up 7.69% over December 2009 sales Closed sales were up 95.35% over November 2009 sales December 2010 has the highest reported … (0 comments)
market update: Have We Hit Bottom Yet?
- 05/07/08 06:22 AM
The real estate market on Marco Island is moving at a faster pace now. We see that the best view and value priced properties come off of the market at an increased rate. This trend continues in what is now considered the off-season as Buyers return for post-season buying sprees. This thought was cemented at a recent Marco Island Board of Realtors luncheon where many realtors and real estate related businesses discussed the increased activity in comparison to 2007. One writer singing the praises for the Florida real estate market is Janet Morrissey, Investment News. Morrissey recently wrote an article titled "Economic Turmoil means … (0 comments)
market update: Market Update: Is perception changing for Marco Island Real Estate?
- 02/28/08 02:25 PM
Marco Eagle -- Wednesday, February 6, 2008 Optimism in the market is growing especially in the areas of Marco Island and Naples. There are so many things that impact the market but perception and word of mouth appear to be the biggest driving factor for buyers who are entering the marketplace. On election night, one vote was helpful to the real estate industry, the property tax cutting amendment. This amendment provides property tax relief for primary homeowners in the following ways: 1. It doubles the existing homestead exemption from $25,000 to $50,000, thus, providing an average of $250 annual tax savings. 2. Homeowners who felt … (0 comments)
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