Real Estate

Strong Sales Trends Continue

By Michael O’Rourke President for the Marco Island Area Association of Realtors® During the month of March our market realized a significant increase in activity when compared to prior year same time frame according to the Marco Island Area Association of Realtors® Multiple Listing Service. Closed sales for single family homes, home-sites/vacant lots and condos surged ahead of prior year. ... Read More »

Real Estate Report

Dick Shanahan  MIAAOR® President  MLS statistics have been released by the Marco Island Area Association of Realtors® (MIAAOR) for Marco Island-only properties comparing January – July of 2016 to January – July of 2015. According to Dick Shanahan, President, total sold volume dollars for all property types was $415,338,824 for the period January – July 2016 v. $533,789,590 for the ... Read More »

Meet Your Realtor: Donna Kittle

By Coastal Breeze News Staff About 21 years ago my husband and three middle school children crossed the SS Jolley Bridge for the very first time to enjoy Christmas Island Style! Immediately the natural beauty, charm and intimacy of the Island captivated me! Within that week we made our first investment on the Island at the South Seas Club. I ... Read More »

Marco Island Area Association of REALTORS® launches its new Real Estate Magazine

The Marco Island Real Estate Guide, the official publication of the Marco Island Area Association of Realtors®, makes its inaugural debut on June 30, 2011. The real estate guide is a full color magazine of listings featuring properties on Marco Island and in Naples. The magazine also features information about products and services from Affiliate members of the association. Be ... Read More »

“Real Estate Best Buys” Radio Show

Of course, everyone wants to find real estate best buys. And now you can by tuning in to 98.9 FM every Sunday morning at 10 AM for a brand new radio show aptly called, “Real Estate Best Buys.” Co-hosted by Jeff Popick and Jeff Tumbarello, two leading success stories in real estate today, the show is sure to be entertaining ... Read More »

Have we reached the turning point?

THE MARCO ISLAND REAL ESTATE MARKET By Ken Gandy The 2011 “season” has come to an end as the snow birds have returned north to warmer weather. But, has the real estate buying season ended? Certainly not! The scenario of yesteryears on Marco Island where the real estate market totally slows down until next Thanksgiving or Christmas is long gone. ... Read More »

The Experts speak

By Ken Gandy A day doesn’t pass that I’m not asked… “How is the real estate market on Marco Island, have prices stabilized, and when will our values start going up again?” The answers I give my friends and clients on Marco are based upon a daily study of statistics, trends, and the overall confidence levels observed from the dozens ... Read More »

To Rent or to Buy?

The answer to this question may be “yes” to either, depending on one’s circumstances. You may get satisfaction by listening to one of the “talking heads” on NBC, ABC, CBS, FOX or any of other networks that read their crystal ball daily. But you need to consider your specific position in terms of job, family needs, desires and even schools ... Read More »

What is staging?

If you talk to enough “sales” people, you’ll get a goodly share of opinions as to the meaning of “staging.” While I can’t equate the term with marketing, it is a function of it. Most recently the term has been associated with real estate; but the term or practice has been part of the selling process since I was first ... Read More »

Why are you buying?

If you are considering buying real estate, you should ask this question: why? There are three reasons for a real estate purchase: First, you believe that it is the best place to invest to maximize a financial return; Second, you want a place for you and your family to dwell, whether as full-time residents or as a place to vacation; ... Read More »

Vacation Home Sales Up

The economy may be facing some challenges, but that didn’t stop many buyers from investing in vacation properties last year. The National Association of Realtors® 2010 Investment and Vacation Home Buyers Survey shows vacation home sales rose 7.9 percent to 553,000 in 2009, compared to 513,000 in 2008. Susan Ackerson of Marco Island Area Association of Realtors stated, “Statistics from ... Read More »

Working together as a team

An important leg of the Marco Island Area Association of REALTORS (MIAAOR) is the Realtors Support Network (RSN). RSN is made up of approximately 50 Affiliate Members of MIAAOR and is composed of businesses in the community who have the means to contribute towards successful real estate transactions. The attorney, lender, title insurance provider, appraiser, inspector, interior decorator, contractor, mortgage ... Read More »

Oil and Real Estate

For the past several years oil (more specifically, gas) prices have been an issue at this time of the year. It seems as though for the summer months the gas companies, not just BP, have wonderful profits—compliments of the American vacationers. Even those of us who fly to that once-in-a-lifetime vacation have a tendency to take other “short drive” vacations ... Read More »

Home Inspections and Home Warranty

As a buyer, you want to ensure there is nothing wrong with the house you intend to buy.  While you will  want to know the condition of the house if it’s not a new house, you can expect that it won’t be perfect. (Even a new house isn’t going to be perfect).  When my wife and I planned our dream ... Read More »

Notice to buyers

If you sincerely want to buy a home (condo or homesite) be reasonable. In these times, Realtors are having to deal with some pretty unreasonable and even nasty people. Now I’m sure that doesn’t apply to you, but ask any Realtor; 9 out of 10 will support my observation. The following scenario is fictitious and any resemblance to an actual ... Read More »

Time for the investor?

There have been some great times for a real estate investment; and there have been some that were less than exciting (the past few years). However, the time to buy may be now. Read on and you may thank the publishers for allowing me to write this column. The following does not reflect the opinion of the Coastal Breeze News. ... Read More »

Buying a “vacation” home

It’s great having a place to vacation. If you’re considering that second (vacation) home, the opportune time is when you decide that the stars are in line for you. For many years we didn’t have a vacation home, satisfied that we lived in paradise and living on Marco Island is a full time vacation. About four years ago, we decided ... Read More »

What is the source of value?

“Mine’s better than yours” (this is the cleansed version) or “Bob and Mary’s house sold for “x” dollars  and ours is much nicer.” Statements like these are frequently made by owners who intend on selling their property. So what determines if Bob and Mary’s house is worth less or more than someone else’s? First, let’s determine who dictates the marketplace. ... Read More »

What happened? No way!

Recently I met someone who was looking for a home to buy on Marco Island. They asked me to suggest some good buys. After discussing their lifestyle, I made a suggestion. Then they asked “why do you recommend this particular property?” “It’s one of the few that meets your criteria and budget”, I replied. The next response from the prospect ... Read More »

Cash versus Mortgage

We have all heard the phrse, “cash talks”. If you haven’t apparently you were born, raised, and are now living in a cave; because of that your eyes will never view this article.  So, for those of you living outside the cave, you may find this column interesting, helpful, cute or of no value – and you wasted your time. ... Read More »