Single Family Residential Properties for Sale in Port Charlotte under $100,000
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Lots and Land Properties for Sale in Port Charlotte Between $0 - $100,000
Lots and Land Properties for Sale in Port Charlotte Between $100,000 - $200,000
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Single Family Residential Properties for Sale in Venice Between $0 - $100,000
Single Family Residential Properties for Sale in Venice Between $100,000 - $200,000
Single Family Residential Properties for Sale in Venice Between $200,000 - $300,000
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Lots and Land Properties for Sale in Venice Between $0 - $100,000
Lots and Land Properties for Sale in Venice Between $100,000 - $200,000
Lots and Land Properties for Sale in Venice Between $200,000 - $300,000
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THE VILLAGES, Fla. – March 27, 2015 – The Villages, located to the west of the Orlando metro area, grew by 5.4 percent between July 1, 2013, and July 1, 2014, and now has a population of about 114,000. That makes it the fastest growing U.S. city, according to Census Bureau information released yesterday.
Overall, Florida has seven metro areas in the U.S. top 50 for growth over that timeframe.
The Census Bureau released information in December that found Florida had become the nation's third most populous state. The latest demographic info shows how growth in individual metro areas contributed to that expansion.
Florida metro growth
The seven Florida cities in the top 50 for new residents accounted for more than three-quarters of the state's total population gain over the time period:
In addition, eight counties within these Florida metro areas were among 50 counties nationwide that gained the most population between 2013 and 2014.
Collectively, these counties accounted for more than half of the state's population gain over the period:
City growth by percentage
When looking at percentage of growth rather than raw numbers of new immigrants, six Florida metro areas land on the Census Bureau's top 20 list.
Furthermore, six metro areas in Florida were among the 20 fastest growing in the nation between 2013 and 2014. In addition to The Villages, they were Cape Coral-Fort Myers (sixth), Naples- Immokalee-Marco Island (10th), Orlando-Kissimmee-Sanford (16th), North Port-Sarasota- Bradenton (18th) and Panama City (19th).
"Florida's ascension, revealed when the 2014 state population estimates were released last December, was a significant demographic milestone for our country," Census Bureau Director John H. Thompson said. "These county and metro area estimates provide a more detailed picture of how this happened, showing growth in areas such as central and southern Florida."
Migration to Florida from other states and abroad was heavy enough to overcome the fact that in about half the state's counties, there were more deaths than births over the 2013 to 2014 period.
© 2015 Florida Realtors®
GAINESVILLE, Fla. – Feb. 27, 2015 – Floridians' consumer sentiment in February rose more than a point, to 94.7, compared to January. It's the seventh straight month of an increase, according to the University of Florida (UF) survey.
"Economic optimism among Floridians continues to advance as many of the fundamentals show improvement," says Chris McCarty, director of UF's Survey Research Center in the Bureau of Economic and Business Research.
This month's increase stemmed largely from a significant increase in Floridians' views of their personal finances now compared to one year earlier. That component rose 7.6 points to 85.1, its highest level since June 2006 when the Florida housing market was at its peak. Among Floridians under age 60, it jumped from 84.2 in January to 92.5; for those age 60 or older, it ticked up marginally from 64.1 to 64.7.
Overall expectations of personal finances a year from now declined slightly by 0.4 points to 101.6, rising only among those with annual incomes of $50,000 or more. Confidence in the U.S. economy over the coming year fell 1.3 points to 94.4, while expectations of U.S. economic conditions over the next five years fell 0.4 points to 91.4.
Perceptions that it's a good time to buy big-ticket items, such as a car or appliances, rose 2.2 points to 100.8.
"The main concern is wage growth, which has not risen in line with the increase in employment. This is particularly a problem in Florida," McCarty says. Florida's unemployment rate was 5.6 percent in December, the most recent state-level report.
"Low wage growth is a contributing factor to persistently slow inflation, which has led the Federal Reserve to be cautious about raising short-term interest rates," McCarty adds. "Based on recent testimony, the Fed is still on track to raise rates sometime between June and September, but that could change if the recovery stalls."
Some low-wage jobs are in Florida tourism, which is likely to continue booming because of the harsh winter in the Northeast and idyllic weather in Florida.
Housing prices for existing single-family homes in Florida were up 7.4 percent over the previous year, to $175,000. Housing gains vary considerably across the state: South Florida, particularly Miami, is among the bright spots.
Gas prices, which make up a significant portion of the budget for lower-income households, still remain low at a statewide average in Florida of $2.30 per gallon, although they are up nearly 30 cents from the previous month.
Florida's favorable economic recovery is reflected in a nearly $1 billion budget surplus heading into the 2015 legislative session.
"While much of the world economy struggles, the U.S. economy seems to be hitting its stride, and Florida is emblematic of that recovery in many ways," McCarty says.
The index used by UF researchers is benchmarked to 1966, which means a value of 100 represents the same level of confidence for that year. The lowest index possible is a 2; the highest is 150.
© 2015 Florida Realtors®
NEW YORK – Jan 12, 2015 – A confluence of events could bolster the U.S. housing market, especially for entry-level buyers, according to Fitch Ratings.
While no recent actions will independently push the needle for housing higher, they could cumulatively have a "relatively meaningful impact on homebuyer psychology, pent-up demand and housing trends in 2015 and beyond," Fitch says.
During the past few months, the government has started loosening credit qualification standards for entry-level homebuyers. It has also addressed lender concerns about loan put-back risks and a key Dodd-Frank issue/risk that might have curtailed residential lending.
In addition, fuel prices have fallen sharply, increasing consumer discretionary income and making outlying suburban markets potentially more affordable for homebuyers.
The Federal Housing Administration (FHA) also announced last week that it would be reducing mortgage insurance premiums by 0.5 percentage points to 0.85 percent. And this past fall, the Federal Housing Finance Agency (FHFA), the regulator of Fannie Mae and Freddie Mac, announced plans to lower the minimum downpayment requirements for loans Fannie Mae and Freddie Mac back for certain home buyers to 3 percent from 5 percent.
© 2015 Florida Realtors®
ORLANDO, Fla. – Dec. 19, 2014 – A quarterly report released by the University of Central Florida (UCF) suggests that the recession was far worse on Florida than it realizes, but the rebound in 2015 will "surely put a twinkle in Kris Kringle's eye."
The report under Dr. Sean Snaith suggests that the recession in Florida started earlier than it did for the rest of the U.S., and it lasted longer, though no source tracks state economic data. According to UCF analysts, the Florida recession lasted 32 months longer than the rest of the U.S. – a total downturn of 50 months – before starting a tepid rebound in 2012.
In 2012 and 2013, the Florida economy grew by 2.2 percent, but UCF says growth has now accelerated. It predicts total growth of 2.6 percent in 2014, followed by 2.7 percent in 2015, 2.8 percent in 2016 and 3.0 percent in 2017.
While the projected growth pales in comparison to 2005's 6.7 percent, UCF says that's okay. Current projections are "based more on improvements in the fundamental drivers of the state's economy and a more sustainable fiscal situation in state and local government."
The report notes a strong improvement in Florida since the housing crisis, with median home prices rising from $122,200 to $177,000. However, "it will take many more years to recover all the wealth that was lost when the housing market collapsed and housing prices plummeted from their median price high of $257,800."
The price increase has also helped many homeowners who are no longer underwater, giving them "financial breathing room."
Rising house prices are lifting more mortgage holders in the state above the surface of the water for the first time in several years, providing some financial breathing room, though thousands of Floridians remain deeply underwater in their mortgages. Despite this progress and as noted above, RealtyTrac estimates that 28% of mortgaged homes in Florida are deeply underwater.
UCF also notes the drop in Florida's all-cash sales, from 44.3 percent in October 2013 to 39.9 percent in October this year. The big question for 2015: "Will traditional buyers pick the slack?"
The report predicts that Florida's Nominal Gross State Product approaches the $1 trillion mark and will break it by 2018 and $963 billion in 2017 – $163 billion more than in 2013 and $242 billion more than in 2009.
"As we have gained some historical perspective and examined the revised data on the recession and subsequent recovery in Florida, the economic turnaround is looking more like a miracle," the report concludes.
© 2015 Florida Realtors®
Port Charlotte is centrally located between Fort Myers and Sarasota. Major airports, RSW and SRQ, are within a one hour drive. You can find affordable waterfront property in Charlotte County. Enjoy the beauty of Charlotte Harbor.
Southwest Florida offers some of the best beaches, not only located in Florida, but throughout the U.S. and ranked among the Top 10 beaches in the United States by a poll taken by National Geographic Traveler magazine and Yahoo! Travel.
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Discover why Port Charlotte, Punta Gorda, Englewood are among Florida's most desireable communities. Named as best places to live, best place to retire, best golf, best sailing, the list of accolades goes on and on.
U.S. News & World Report rates Punta Gorda Florida as - 2008 Best Healthy Places to Retire: Punta Gorda, Florida
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America's Best Places to Live - Best Small Town - Best Boating 10 Greatest Places to Sail - Best Golf - Best Small Places For Business in 2006 - Best Performing Cities 2005 - Small Town Gem in Florida
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2009 - Port Charlotte rated by CNN/Money Best Places to Retire
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