Southwest Florida Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 17, 2019

Home Mortgages: Should I Refinance My Home?

Should I Refinance My Home

Should I Refinance My Home?

With the recent lower interest rates, many homeowners are wondering if they should refinance.

To decide if refinancing is the best option for your family, start by asking yourself these questions:

Why do you want to refinance?

There are many reasons to refinance, but here are three of the most common ones:

  1. Lower your interest rate and payment – This is the most popular reason. If you have a 5% interest rate or higher, it might be worth seeing if you can take advantage of the current lower interest rates, hovering below 4%, to reduce your monthly payment and overall cost of the loan.
  2. Shorten the term of your loan – If you have a 30-year loan, it may be advantageous to change it to a 15 or 20-year loan to pay off your mortgage sooner.
  3. Cash-out refinance – With home prices increasing, you might have enough equity to cash out and invest in something else, like your children’s education, a vacation home, or a new business.

Once you know why you might want to refinance, ask yourself the next question:

How much is it going to cost?

There are fees and closing costs involved in refinancing, and Lenders Network explains:

“If you were to refinance that loan into a new loan, total closing costs will run between 2%-4% of the loan amount.”

They also explain that there are options for no-cost refinance loans, but be on the lookout:

“A no-cost refinance loan is when the lender pays the closing costs for the borrower. However, you should be aware that the lender makes up this money from other aspects of the mortgage. Usually pay charging a slightly higher interest rate so they can make the money back.”

If you’re comfortable with the costs of refinancing, then ask yourself one more question:

Is it worth it?

To answer this one, we’ll use an example. Let’s assume you have a $200,000 home loan. A 4% refinance cost will be $10,000. If you want to lower your interest rate from 6% to 4%,  then refinancing is going to save you $244 per month. To break even ($10,000/$244), you need to continue owning your home for over 40 months.

Now that you know how the math shakes out, think about how much longer you’d like to own your current home. If you plan to stay for more than 3 years, then maybe it is advantageous for you to refinance.

If, however, your current home does not fulfill your present needs, you might want to consider using your potential refinance costs for a down payment on a new move-up home. You will still get a lower interest rate than the one you have on your current house, and with the equity you’ve already built, you can finally purchase the home of your dreams.

Recap

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, meet with a local real estate professional who can help you understand your options and guide you toward the best decision.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

July 15, 2019

Housing Market: 4 Tips to Sell Your Home Faster

4 Tips to Sell Your Home Faster

4 Tips to Sell Your Home Faster

Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year.

If you are one of those sellers, you may find these 4 tips helpful in getting your home sold more quickly.

1. Make buyers feel at home

Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make them feel like they belong in this house! According to the Profile of Home Staging by the National Association of Realtors,

“83% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.”

Not only will your house spend less time on the market, but the same report mentioned that,

“One-quarter of buyers’ agents said that staging a home increased the dollar value offered between 1 – 5%, compared to other similar homes on the market that were not staged.”

2. Keep it organized

Since you took the time to declutter, keep it organized! Before the buyers show up, pick up toys, make the bed, and put away clean dishes. It is also a good idea to put out some cookies fresh from the oven or a scented candle. Buyers will remember the smell of your home! According to the same report, the kitchen is one of the most important rooms to stage in order to attract more buyers.

3. Give buyers full access

One of the top four elements when selling your home is access! If your home is available anytime, that opens up more opportunity to find a buyer right away. Some buyers, especially those relocating, don’t have much time available. If they cannot get into the house, they will move on to the next one.

4. Price it right

As we mentioned at the beginning, more inventory coming into the market guarantees there will be some competition. You want to make sure your home is noticed. The key to selling your house in 2019 is ensuring it is Priced to Sell Immediately (PTSI). That way, your home will be seen by the greatest amount of buyers and will sell at a great price before more competition comes to market!

Recap

 

If you want to sell your house in the least amount of time at the best price with as little hassle as possible, a local real estate professional is a useful guide. Call them today to find out what you need to do to sell your home more quickly.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Posted in Sellers
July 15, 2019

Home Values: Home Price Appreciation Forecast

Home Price Appreciation Forecast

Home Price Appreciation Forecast

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.

We’ve gathered current data from the industry’s most reliable sources to help answer these questions:

The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.

Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments.

Zelman & Associates – The firm leverages unparalleled housing market expertise, extensive surveys of industry executives, and rigorous financial analysis to deliver proprietary research and advice to leading global institutional investors and senior-level company executives.

Freddie Mac – An organization whose mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extending to all communities from coast to coast.

The National Association of Realtors (NAR) – The largest association of real estate professionals in the world.

Fannie Mae – A leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets.

 

Here’s the home price appreciation these experts are projecting over the next few years:

Projected Home Price Appreciation

Recap

 

Every source sees home prices continuing to appreciate, which is great news for the strength of the market. The increase is steepest throughout the rest of 2019, and prices should continue to rise as we move through 2020 and beyond.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

July 3, 2019

Mortgage Rates: Is Mortgage Debt out of Control

Is Mortgage Debt out of Control

Is Mortgage Debt out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash.

When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home). As a result, they walked away. This caused prices to fall even further.

Headlines are again talking about record levels of mortgage debt, making the comparison to the challenges that preceded the housing crash. However, cumulative debt is not an important data point. If we look at the debt as a percentage of disposable personal income, we are at an all-time low.

 

Here’s a visual representation of mortgage debt as a percent of income:

household mortgage debt service ratios

Furthermore, according to a new report from ATTOM Data Solutions, more than 1-in-4 homes with a mortgage have at least 50% equity. The report explains:

“[O]ver 14.5 million U.S. properties were equity rich — where the combined estimated amount of loans secured by the property was 50 percent or less of the property’s estimated market value — up by more than 834,000 from a year ago to a new high as far back as data is available, Q4 2013.”

Recap

 

Unlike 2008, homeowners have a comfortable level of mortgage debt and are sitting on massive amounts of home equity. They will not be walking away from their homes if the housing market begins to soften.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

July 2, 2019

Selling Your Home: 5 Reasons You Should NOT FSBO

5 Reason you should not FSBO

5 Reasons You Should NOT FSBO

Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, an FSBO might not be a good idea for the vast majority of sellers.

The top 5 reasons are listed below:

1. Online Strategy for Prospective Purchasers

Recent studies have shown that 95% of buyers search online for a home. In comparison, only 13% use print newspaper ads. Most real estate agents have an Internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?

  • 50% on the Internet
  • 28% from a Real Estate Agent
  • 7% from a yard sign
  • 1% from newspapers

The days of selling your house by putting up a sign and listing it in the paper are long gone. Having a strong Internet strategy is crucial.

3. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent, who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The appraiser, if there is a question of value

4. FSBOing Has Become Increasingly Difficult

The paperwork involved in the process has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 7% over the last 20+ years.

5. You Net More Money When Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

A study by Collateral Analytics revealed that FSBOs don’t actually save anything by forgoing the help of an agent. In some cases, they may actually cost themselves more. One of the main reasons for the price difference at the time of sale is:

“Properties listed with a broker that is a member of the local MLS will be listed online with all other participating broker websites, marketing the home to a much larger buyer population. And those MLS properties generally offer compensation to agents who represent buyers, incentivizing them to show and sell the property and again potentially enlarging the buyer pool.”

The more buyers that view a home, the greater the chance of a bidding war for the property. The study found the difference in price between comparable homes of size and location is currently at an average of 6%.

Listing on your own leaves you to manage the entire transaction yourself. Why do that when you can hire an agent without additional cost?

Recap

 

Before you decide to take on the challenge of selling your house on your own, sit down with a real estate professional in your marketplace to discuss your needs.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

July 1, 2019

Remodel Projects: Which Get the Highest Return

adding value to your home

79% of Sellers Upgrade Before Listing – But What to Improve?

The right combination of upgrades can boost a  selling price by 10%, but owners with limited funds often don’t know which projects offer the most bang for the buck – an owner stress point early in the process, in part because each home is different.

Remodeling Projects with the Most Bang for the Buck

Considering making some upgrades to your house? Here's a look at the home improvement investments that have the biggest return. Getting your home ready to sell can seem daunting. Should you paint the whole house? Replace the roof? Renovate the kitchen?
Some 79% of sellers nationwide make at least one renovation or improvement to their home before a sale, according to Zillow. The right combination of upgrades can add as much as 10% above your anticipated home sale price, according to figures from HomeAdvisor.

The most important thing to consider? Looks, according to Grant Lopez, who has been a real estate agent in San Antonio for more than a decade.

“I can take a buyer into a house that has new windows and new roof and a new HVAC system, but if it’s not visually appealing, most buyers will cross it off their list,” said Lopez, who also is chairman of the San Antonio Board of Realtors.

Take the experience of Sammy Shores and his wife, Faron.

Shores, general manager of the Lexington, Kentucky, branch of Landscape Workshop, figures the couple doubled the selling price of their 1940s bungalow in the city’s Kenwick neighborhood after slowly updating their home over four years.

Improvements included removing a wall to open up the kitchen and adding a wrap-around counter area with stools. They also upgraded basic systems in the house, including the roof and air systems.

Most of the improvements weren’t made with selling in mind, Shores said. But the family of four wanted more space and decided to sell.

One of their last projects included a revamping of the home’s outdoor areas. Shores, who did much of the work himself, added Japanese maples, an area for flowers and vegetables, a place for his kids to play and a natural stone retaining wall in front in a neighborhood where families tend to linger on porches.

“Adding those features to the front of the home, I think, was a big selling point for the current buyer. She mentioned that all the time, like during the closing,” Shores said.

The kitchen is key

Inside, the kitchen is the most important room, real estate agents said. But don’t bother with a gut job. Major renovations return just more than 51 cents on the dollar, according to Zillow.

A total remodel can set a homeowner back an average of $22,000 and up to $50,000 in the luxury market, according to HomeAdvisor’s DiClerico. Instead, a “smart, cosmetic makeover” for $3,000 to $5,000 will do the trick, raising the sale price by roughly 5%. That can include new appliances, countertops and floors that coordinate.

“The kitchen is where people live,” said Lorrie Marro, a real estate agent in Chapel Hill, North Carolina. Upgrading “is going to give you your best return on investment or get you the sale more than any other room.”

In California’s Antelope Valley, buyers are looking for stainless steel kitchen appliances, wood or laminate flooring, and updated bathrooms that are “clean and move-in ready,” said Jill Furtado, a real estate agent in the valley north of Los Angeles.

To Read Complete Article Click Here

Copyright 2019, USATODAY.com, USA TODAY, Rachel Layne

 

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

 

June 28, 2019

Lee County: Plastic Bag Recycling

Plastic Bag Recycling Recycle Plastic Bags

As I'm sure you're aware or you may not be, Waste Pro, Solid Waste of Fort Myers and Advanced Disposal all do not take any plastic bags in recycling because it gums up their sorting equipment. Therefore, when they get plastic bags they throw them away. Another thing is if you use a plastic kitchen garbage bag in your trash bin in your house they want you to empty the contents into your big recycling bin and throw the plastic garbage bag in regular trash or you can choose to recycle it another way same as the other plastic bags you may be trying to recycle which end up not getting recycled.

So, I was looking online and learned that the plastic bag collection bins at local grocery stores like Publix take many more types of plastic bags than just the ones that they provide when you check out.

I was surprised to learn that most of these collections can take almost any kind of plastic bag that is 'stretchy'. I wanted to know for sure what they can take so I reached out to them and got the response below.

I now save any type of plastic bag that I get, whether it is a poly bag holding a product from Amazon, air pillows in deliveries from Amazon, the bag that comes with bags of ice I purchase, and almost any other plastic bag that I was throwing away and recycle it at the Publix now.

I thought that people in the area that recycle would like to know this as it was an eye-opening experience for me.

Thanks!

*************response from publix********************

Thank you for shopping at Publix and for your recycling inquiry.

All our locations accept clean and dry soft plastics in the plastic bag recycling bins. Some of the items we take are included below:

• Plastic package from toilet paper, napkins, & paper towels

• Overwrap from shipping cases

• Ziploc and other re-sealable bags without the zippers

• Bread & produce bags (rice bags and other plain food plastics are recyclable if they are stretchy and not crinkly)

• Cereal bags (stretchy only – not the ones inside of the box)

• Dry cleaning bags/protective plastic

• Newspaper sleeves

• Ice bags, salt bags, wood pellet bags, cellophane wrap is accepted and must be clean and dry.

The recycled material collected at our stores is sent back on a Publix truck to one of our distribution centers. Then it is baled and loaded on to a trailer. When the trailer is full, the recycler picks-up. Often the plastic bags are made into new plastic bags. However, they are also made into the hand baskets that you see in our stores as well as many other plastic items.

 

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

June 26, 2019

Market Update May 2019

Lee County Housing Market Update: May 2019

Lee County Housing Market Update May 2019

Strong Sales in May!

Lee County’s housing market saw a nice increase over May with an 8% increase in closed sales compared to 2018, according to the latest statistics just released by Florida Realtors®. Year-over-year, sales were up by 8.1% for Single Family and 8.7% for Condos & Townhouse.


May showed Median Sale prices were up slightly at 1.6% for Single Family, while Townhouse and Condos showed a higher increase of 7.8%. Inventory is up year-over year with Single Family up by 7.7% in Active Listings, showing a 5.7 Months Supply of Inventory. Active listings were down by -1.0% year-over-year for Townhouses and Condos with a Months Supply of Inventory of 6.2. The time properties spent on the market in May, was 68 Days for Single Family Homes and 74 Days for Townhouses and Condos, both up compared to last year.

Market Stats May 2019


Broken down by cities, Single Family in Bonita Springs had a strong increase of 31.6% over 2018. There was a significant drop in sales for Fort Myers Beach at -52.4% over 2018. Lehigh Acres, Pine Island and Sanibel/Captiva also showed a double digit drop over last year.


When looking at Closed Sales by Price Point, the numbers were mostly up for Condos & Townhouses for all price ranges in between $100,000 and up, compared to 2018. For Single Family, there was both increases and decrease across all the different price points. The $200,000 to over a million price points all showed an
increase compared to last year.

Market Stats May 2019 by Cities

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

June 25, 2019

Having a Professional on Your Side Makes All the Difference

Having a Professional on Your Side Makes All the Difference

Having a Professional on Your Side Makes All the Difference!

In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion.

Shows like Property BrothersFixer Upper, and dozens more on HGTV have given many a false sense of what it’s like to buy and sell a home.

Now more than ever, you need an expert on your side who is going to guide you toward your dreams and not let anything get in the way of achieving them. Buying and/or selling a home is definitely not something you want to DIY (Do It Yourself)!

Here are just some of the reasons you need a real estate professional in your corner:

There’s more to real estate than finding a house you like online!

There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to ensure you achieve your dream?

You Need a Skilled Negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer, to the possible renegotiation of that offer after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.

What is the home you’re buying or selling worth in today’s market?

There is so much information on the news and on the Internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Recap

Today’s real estate market is highly competitive. Having a professional who’s been there before to guide you through the process is a simple step that will give you a huge advantage!

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

June 24, 2019

Stop Wondering What Your Budget Is & Get Pre-Approved

Stop Wondering What Your Budget Is & Get Pre-Approved

Stop Wondering What Your Budget Is & Get Pre-Approved!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Even if you are not in an incredibly competitive market, understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach.

Freddie Mac lays out the advantages of pre-approval in the ‘My Home’ section of their website:

“It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.”

One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you through this process. Once you have selected a lender, you will need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.”

Freddie Mac describes the ‘4 Cs’ that help determine the amount you will be qualified to borrow:

  1. Capacity: Your current and future ability to make your payments
  2. Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash
  3. Collateral: The home, or type of home, that you would like to purchase
  4. Credit: Your history of paying bills and other debts on time

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and it often helps speed up the process once your offer has been accepted.

Recap

Many potential homebuyers overestimate the down payment and credit scores necessary to qualify for a mortgage. If you are ready and willing to buy, you may be pleasantly surprised at your ability to do so today.

Considering Buying or Selling a Home?

If you are looking to buy or sell a home in Cape Coral, Fort Myers or Estero, I encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can set the Price Right. Contact us today to learn more about the current market and if selling how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price. Learn more about selling your home

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor® in Southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking at buying or selling a home or condo, vacation home/condo, waterfront home/condo or to build your own dream home, call or text me at 239-770-6880 or email me at Jon@southwestfldreamhomes.com

About Jonathan Blaze, PA


The above information about how selling your home was provided by Southwest FL Dream Homes Team of MVP Realty, Jon Blaze, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Cape Coral, Fort Myer, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.
Contact Jon: (239) 770-6880 or Jon@southwestfldreamhomes.com

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team or Keeping Matters Current do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jonathan Blaze, MVP Realty or Southwest FL Dream Homes Team will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.