June 2024 Real Estate News

June 2024 Real Estate News

Get the Expert Advice of a Realtor® Who’s Also an Appraiser “Helping people make knowledgeable Real Estate decisions.” ​Southwest Florida Real Estate Market Update​ The average mortgage rate dipped slightly to 6.86% from 6.87% last week, mortgage...
March 2024 Real Estate News

March 2024 Real Estate News

​Southwest Florida Real Estate Market Update​ The 30-year fixed-rate mortgage averaged 6.87% as of March 21, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, the mortgage rate averaged 6.74%; one year ago at this time,...
February 2024 Real Estate News

February 2024 Real Estate News

​Southwest Florida Real Estate Market Update​ Interest rate outlook – The Mortgage Bankers Association (MBA) is forecasting home loan financing costs to improve, with interest rates expected to reach 6.1% by the end of 2024. January’s statistics show Lee...
January 2024 Real Estate News

January 2024 Real Estate News

Attention 2023 Florida Home Buyers! Homestead Exemption: For those of you that purchased a home in 2023, you may be eligible for the Homestead Tax Exemption. $50,000 could come off of the assessed or taxable value of your home (and enjoy a 3% cap rate vs 10% on...
December 2023 Real Estate News

December 2023 Real Estate News

May the new year fill your home with joy, your heart with love, and your life with laughter. Wishing You and Your Family a Happy & Blessed 2024! ​Southwest Florida Real Estate Market Update​ As of December 21, 2023, home loan financing costs eased again, pulling...
November 2023 Real Estate News

November 2023 Real Estate News

​Southwest Florida Real Estate Market Update​ Real estate market conditions are always changing. Lee County’s Single Family Home listings were up 69.6% in October with 5,676 active listings compared to last year’s 3,347. Condo & Townhouse listings...