Country singer Miranda Lambert’s song “The House that Built Me” won the award for Single of the Year. A sample of the lyrics reinforces the importance of home:
Mama cut out pictures of houses for you/ From Better Homes and Gardens magazine/ Plans were drawn and concrete poured/ Nail by nail and board by board/ Daddy gave life to mama’s dream.
For many people, owning a home is much more than just a financial decision – it’s a place where they build families, memories and futures.
Ask a homeowner what they enjoy most about owning their home and the likely response is, “It’s mine.” That feeling of autonomy is a driving force behind purchasing real estate and extends into the homeowner’s community.
According to Susan Ackerson, 2010 President, Marco Island Area Association of Realtors®, Marco Island statistics show that owning property on Marco Island continues to be the American dream. For Marco Island only properties, all property types, the Marco Multi-List shows an increase of pending properties September 2010 to October 2010 of 10.53% while at the same time the inventory level remained essentially the same. Median sales price for single family closed homes increased 9.37% during this same time period.
The condo market during the September to October 2010 time frame has really increased. Closed sales increased by 6.67% while the average sale price jumped 95.31%. The median sales price jumped by 26.92%.