Port Charlotte Real Estate
Englewood Real Estate
Florence Tanner, REALTOR®
SUN REALTY (941) 916-1266
E-Mail: info@wesellportcharlotterealestate.com
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Deep Creek Homes for Sale
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U.S. News & World Report names Port Charlotte, FL - “ Best Place for Affordable Housing” on its “The 10 Places to Retire in 2012
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Rental Income Properties
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North Port Real Estate - Homes for Sale
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We are experienced professional negotiators. Let us put our Port Charlotte area real estate expertise to work for you. We preview, list and sell real estate full time. We can simplify and speed-up your home search. We are here to help you find your perfect waterfront or 'near the water' home, condo, building lot or investment property in Southwest Florida.
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Florence Tanner, REALTOR®
Sun Realty
941-916-1266
Contact us when you are ready - info@wesellportcharlotterealestate.com
Port Charlotte was named —Best Place to Retire by MONEY magazine in 2009
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.
Punta Gorda Florida Homes for sale - choose your price range
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Englewood Real Estate
Homes for Sale
Search for homes, condos, lots, land property in the Englewood Florida MLS. Find the perfect beach house on Manasota Key or Boca Grande, or a beautiful home in a golf course community close to Gulf of Mexico beaches such as Boca Royale or the lovely community of Englewood Isles. You'll love Englewood FL and its close proximity to the Gulf of Mexico, pristine beaches and Lemon Bay boating. See Cape Haze and Gasparilla.
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Southwest Florida, Charlotte Harbor and Gulf Islands Ranked Best
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
CNN Money Magazine, Forbes, MSN, Sperling's Best Places, SAIL Magazine, Golf Digest, Florida Trend, Milken Institute, Men's Journal, Inc. Magazine, Business Development Outlook Magazine, Bizjournals.com
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
Punta Gorda FL does it again! 2/2007 Ranked #2 America's 10 hottest retirement areas
2009 - Port Charlotte rated by CNN/Money Best Places to Retire
- Charlotte Harbor & the Gulf Islands has been named to SAIL magazine’s —10 Greatest Places to Sail in the United States.
- Ranked by Golf Digest as —Third Best Place to Live and Play Golf in America,” and Rated by MONEY magazine as one of the —Best Places to Live in the South.”
- Port Charlotte was named —Best Place to Retire” by MONEY magazine in 2009
- Punta Gorda was named in 2008 as one of —Top Ten Places to Retire Healthy” by U.S. News & World Report.
- Englewood, Florida was named as #2 of the Top Ten travel destinations in the U.S. by TripAdvisor.com.
FlorenceTanner, REALTOR®
Sun Realty
941-916-1266
Contact us when you are ready - info@wesellportcharlotterealestate.com
REAL ESTATE NEWS
Port Charlotte Named Best Place to Retire for Affordable Housing by US News & World Report
Housing affordability reaches record in first quarter
WASHINGTON – May 17, 2012 – Housing affordability reached a milestone in the first quarter, according to the National Association of Realtors® (NAR).
NAR’s composite quarterly Housing Affordability Index rose to a record high of 205.9 in the first quarter of 2012. The Index provides a quick look at affordability and is calculated by the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power.
The first quarter marks the first time the quarterly index broke the 200 mark since NAR recordkeeping began in 1970.
“For those with good credit, we’ve never seen better housing affordability conditions or market opportunities than we see at present,” says NAR President Moe Veissi, broker-owner of Veissi & Associates Inc. in Miami and 2002 president of Florida Realtors.
Veissi thinks things could be even better if lending standards would return to normal.
“Although home prices are stabilizing and sales are rising, some buyers still have to jump through a lot of hoops to convince a lender that they are creditworthy, even for a mortgage that would be well within their means,” he says. “This is especially true for self-employed buyers.”
The index finds that a median-income family, earning just under $61,000, could afford a home costing $325,500 in the first quarter – more than double the national median existing single-family home price of $158,100. The median monthly mortgage principal and interest payment for a median-priced home would take only 13.5 percent of gross income.
A companion index measuring the ability of first-time buyers to purchase a home also set a record, with the first-time buyer index reaching 135.8 in the first quarter. Assumptions for the first-time buyer index include a lower income, at 65 percent of median family income, a starter home costing 85 percent of the median price, and a downpayment of 10 percent. In the first quarter, the typical entry-level buyer could afford a home costing $182,500, which is well above the overall median price.
“It’s never been easy to buy a first home because of the cash required for downpayment and closing costs, but conditions for first-time buyers who are able to get a mortgage have never been better,” Veissi says.
Most first-time buyers choose a loan with a lower downpayment, often an FHA-insured loan with 3.5 percent down, and some use the VA program with no downpayment.
Both home prices and mortgage interest rates are expected to edge up modestly as the year progresses, but housing affordability will remain very favorable with the median-income household well positioned to afford a median-priced home. For all of 2012, the index is projected to set an annual record, averaging 191 for the year.
© 2012 Florida Realtors® Reprinted with permission. Florida Realtors®. All rights reserved
Fla.’s housing market continues on positive track in Feb.
ORLANDO, Fla. – March 21, 2012 – Pending sales and median prices rose, while the inventory of homes for sale dropped in Florida’s housing market in February, according to the latest housing data released by Florida Realtors®.
“Growing optimism about the economy, gains in the state’s jobs market and continued low mortgage rates are generating interest in Florida real estate,” says 2012 Florida Realtors President Summer Greene, regional manager of Better Homes and Gardens Real Estate Florida 1st in Fort Lauderdale. “Increased statewide pending sales for both single family existing homes, up 36.1 percent, and for townhouse-condo properties, up 19.8 percent, show that buyers are encouraged by these positive signs.”
Pending sales refer to contracts that are signed but not yet completed or closed; closed sales typically occur 30 to 90 days after sales contracts are written.
The statewide median sales price for single-family existing homes in February was $134,000, up 7.2 percent from the year-ago figure, according to data from Florida Realtors Industry Data and Analysis department and vendor partner 10K Research and Marketing. The statewide median for townhome-condo properties was $95,000, up 15.9 percent over Feb. 2011.
The national median sales price for existing single-family homes in January 2012 was $154,400, which is 2.6 percent below the previous year, according to the National Association of Realtors® (NAR). In California, the statewide median sales price for single-family existing homes in January was $268,280; in Massachusetts, it was $265,000; and in Maryland, it was $219,500.
The median is the midpoint; half the homes sold for more, half for less. Housing industry analysts note that sales of foreclosures and other distressed properties continue to downwardly distort the median price because they generally sell at a discount relative to traditional homes.
Statewide sales of existing single-family homes totaled 14,270 in February 2012, down 4.8 percent compared to the year-ago figure. Looking at Florida’s year-to-year comparison for sales of townhomes/condos, a total of 7,545 units sold statewide last month, down 16 percent from those sold in February 2011. NAR reported the national median existing condo price in January 2012 was $156,600.
In February, the months supply of inventory stood at 6.2 for single-family homes and at 6.3 for the condos/townhomes, according to Florida Realtors.
“The overall picture that these statistics show is of a stabilizing housing market,” said Florida Realtors Chief Economist Dr. John Tuccillo. “While closed sales are down, so are listings and so is inventory. These are signs of a market that’s moving from being a buyer’s market to a balanced market.
“For the past year, median sales prices have been slowly rising; and over a longer period of time, prices have really flattened out – again, signs of an improving housing market.”
The interest rate for a 30-year fixed-rate mortgage averaged 3.89 percent in February 2012, down from the 4.95 percent average during the same month a year earlier, according to Freddie Mac.
To see the full statewide housing activity report, go to
Florida Realtors Media Center and look under Latest Releases, or download the February data report PDF under Market Data.
© 2012 Florida Realtors® Reprinted with permission. Florida Realtors®. All rights reserved
Port Charlotte, Englewood,Venice and Sarasota Real Estate, waterfront and 'near the water' homes, condos and lots.
Port Charlotte Real Estate, Punta Gorda Real Estate - MLS search, virtual tours, maps, photos. Punta Gorda Isles, Burnt Store Isles, Seminole Lakes, Port Charlotte real estate. Comprehensive Punta Gorda Florida real estate information, Punta Gorda MLS search, Punta Gorda real estate market conditions, interest rates, community information, local government, boating, fishing. Florence Tanner specializes in Punta Gorda Isles waterfront real estate and gated golf course communities. Port Charlotte MLS and Charlotte County MLS search here!
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Florence Tanner, REALTOR®
SUN REALTY
25166 East Marion Ave.
Punta Gorda, FL 33950
(941) 916-1266
E-Mail: info@wesellportcharlotterealestate.com
Sun Realty
Headquartered in Naples Florida, the professional staff at Sun Realty provides superior real estate services:
Southwest Florida
Naples, Marco Island, Bonita Springs, Estero, Ft. Myers, Fort Myers Beach, Cape Coral, Sanibel, Captiva, Punta Gorda & Port Charlotte
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Tampa, St. Petersburg & Clearwater
As a full-service realty company, we have the resources and staff you'll need to find the perfect Florida home.
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Sun Realty
Member: National Association of Realtors®,
Florida Realtors®,
Punta Gorda-Port Charlotte-North Port Association of Realtors®
and the Mid-Florida Regional MLS®
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