Property Management Blog
Real Estate Market Recovery Gaining Steam
System - Sunday, December 11, 2011
In two more recent articles today more and more economists are jumping on board with the idea that we may have actually seen a positive turn in the real estate market recovery. Last week the National Association of Realtors released their pending home sales numbers for October. The Pending Home Sales Index,* a forward-looking in...
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Southwest Florida Real Estate is Rebounding
System - Wednesday, December 7, 2011
Florida Real Estate is rebounding and three chief economists the state association’s 2012 Real Estate and Economic Forecast Conference in Orlando agree. “Our state is in a mini-recovery,” said Florida Realtors® Chief Economist Dr. John Tuccillo at the state association’s 2012 Real Estate and Economic ...
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Pending Home Sales are Way Up in October
System - Sunday, December 4, 2011
In what could be a sign that things are turning around, pending home sales were up significantly in the latest report from The National Association of Realtors.NAR’s Pending Home Sales Index (PHSI) is released during the first week of each month. It is designed to be a leading indicator of housing activity.The index m...
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The Right Property Management Company Is More Important than Ever
System - Tuesday, November 29, 2011
The Right Property ManagementCompany Is More Important than Ever. According to a recent article by Bloomberg, property management is growing in leaps and bounds as the economy and lending issues take a grasp on the national real estate market and Southwest Florida is right in the heart of that. Fort Myers, Cape Coral, ...
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Lee County Real Estate bucks National Trend for October
System - Thursday, November 24, 2011
Lee County real estate prices rose 15 percent from a year earlier, rising from $89,100 to $102,100, according to statistics released Monday by Florida Realtors, while distressed sales dropped to 440 compared to 1,146 last October. Nationally though, prices dropped 4.7% from last October and sales rose 1.4 percent to a seasonally adju...
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Security Deposit : What is considered normal Wear and Tear?
System - Tuesday, November 22, 2011
No matter if you are dealing with property management in Southwest Florida or Sunny California, the security deposit is the biggest question when the lease ends. The security deposit can only be used to fix and repair any damages caused by the tenant. Normal wear and tear is not able to be claimed by the owner. So wha...
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Lee County Home Values Set to Rise?
System - Sunday, November 13, 2011
Lee County home values are set to rise over the next two years according to NAR’s chief economist. The questions is how much. NAR chief economist Lawrence Yun says South Florida home prices will rebound by 10 percent in the next two years at the National Assosiation of Realtor Convention on November 11th. This is a great s...
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Rents rising in Lee County?
System - Saturday, November 12, 2011
Rents rising in Lee County? Yes! With the lack of inventory in Fort Myers and Cape Coral, real estate in certain areas have seen rents rising in Lee County. Our owners have started raising rents when the tenants are resigning and with the current housing situation, this should be a continuing trend.Fort Myers and Cape Cora...
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Mortgage Rates drop below 4% Once Again
System - Friday, November 11, 2011
30-year fixed mortgage rates averaged 3.99%, down from last week’s 4.00% average. The last time the 30-year fixed mortgage ratesdropped below 4.00% was Oct. 6 when it averaged 3.94%. Last year at this time, 30-year mortgage rates averaged 4.17%.
15-year fixed mortgage rates averaged 3.30%, droppi...
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Section 8 : Southwest Florida Landlord FAQ’s
System - Friday, November 11, 2011
1. How do I find Section 8 tenants in Southwest Florida?The easiest way to get a Section 8 tenant in Southwest Florida is to go to http://www.gosection8.com and register your property on their website. You can also got to websites like Craigslist and put it in your description that you welcome Section 8 tenants. Just like Craigs...
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