SWFL Housing Market Sizzles!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Cape Coral Real Estate, Cape Coral Real Estate Market, FL Real Estate Market Update, Florida Housing Market, Florida Real Estate, Florida Real Estate News, Real Estate Market, Real Estate News, SWFL Housing Update, SWFL Market News, SWFL Real Estate

SWFL Sold Sign

Sizzling Southwest Florida housing market is about to get hotter

logo-NAPL-27698The housing market in Southwest Florida has been red-hot for the past three years. Now it’s about to get blistering.

That’s the conclusion of a new second-quarter survey by Local Market Monitor that predicts the Naples-Marco Island area will have the highest cumulative gain in one-to-four family home prices — 41 percent — over the next three years of any of the 20 Florida metropolitan statistical areas it tracks.

And it’s up considerably from the 29 percent three-year projection the 25-year-old Cary, N.C.-based real estate research firm made in the second quarter of 2014.

“That’s a big increase,” said Ingo Winzer, president and founder of the firm, which tracks 315 markets nationwide. “You’re looking at a real phenomenon.”

He forecast the giant gain after looking at recent data pointing to a growth in jobs, a shortage of both new and resale homes, and the relatively small number of foreclosed homes on the market.

“There’s been a surge in demand of people who aren’t just visiting but want to live full-time in Naples,” he said. “I think it will continue.”

Naples real estate agent Ryan Schwartz shares that opinion. Because many buyers are older, affluent and paying cash, he said, “no one is getting appraisals, and that’s pushing up prices dramatically fast.”

Winzer added that cash buyers are not likely to be inhibited over the next few years by the headwinds that many economists expect over the next few years, such as rising interest rates or a downturn in the stock market.

But that’s less likely to be the case in Cape Coral-Fort Myers where there are fewer cash buyers, Winzer said, which is one reason why he expects price growth there to slow a bit.

He expects Cape Coral-Fort Myers prices to increase 25 percent over the next three years, ranking it sixth in the state. While still a sizable gain, that’s less than the 31 percent three-year projection he made in the second quarter of 2014.

While he doesn’t think either market is in bubble territory right now, both could be soon if they pass what he calls the “equilibrium point,” when it is neither over- nor under-valued.

Right now, he calculates that number at $356,543 for Naples-Marco Island. In the second quarter of this year, actual home prices in the area (taken from federal data) were $337,050, or 5 percent below that, he said. Winzer expects prices in the second quarter of 2016 to be up 17 percent over the current quarter in the Naples area, which will make it overpriced next year.

Meanwhile, Cape Coral-Fort Myer’s home prices are now $204,750, or 18 percent below the equilibrium price of $249,729. Winzer expects prices to rise 8 percent in 2016, another 8 percent in 2017, and 9 percent in 2018. So the metro area won’t pass the equilibrium point for another three years, he said.

Jason Jakus, president of the Realtor Association of Greater Fort Myers and the Beaches, said that while Cape Coral-Fort Myers was once hard-hit by the foreclosure crisis, “the hardest hit areas are rebounding the fastest.”

Most desired are the relatively affordable waterfront properties in Southeast and Southwest Cape Coral, as well as downtown Fort Myers, he said, and saw the strongest price growth.

In contrast, the beachfront areas in Naples — which tend to run into the millions, saw the lowest price growth over the 12 months ending in April, according to the Naples Area Board of Realtors. The highest price increases for the period were in south Naples, where many new midrange communities are being built.

Local Market Monitor’s report also noted that with average rents of $1,185, the rent-to-price ratio in Naples-Marco Island was 4.2 percent, the lowest in Florida. Cape Coral-Fort Myers’ rents were lower at $984, giving it a rent-to-price ratio of 5.8 percent, the seventh lowest in the state.

Winzer said that when a rent-to-buy ratio was below 5 percent, it generally makes more financial sense to rent than to buy; conversely, when it’s higher, buying is a better choice. So generally, renting is the currently the smarter choice in Collier County and buying in Lee County.

That’s what Chicago residents Joanna and Thomas Wala figured when they recently bought a three-bedroom home with a blue door and a yard full of mango trees in Bonita Springs.

They plan to use it occasionally for vacations, and eventually to make it their retirement place in the sun — even though they are both still in their 40s and not at all ready to retire.

In the meantime, they are covering their expenses and even making a small profit by renting it out seasonally.

“Moving here now was out of the question,” said Joanna, an accountant. “But I did the calculations, and buying just made so much sense. We have something that’s worth something, and its value is growing.”

Click here to view original article.

AnythingLessBanner

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!

SWFL Real Estate

We invite you to like us on facebook, connect with us on Google+, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Home Prices on the Rise!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Condo, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Buying Tips, Cape Coral, Cape Coral News, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, Florida Housing Market, Florida Real Estate, Florida Real Estate News, Fort Myers News, Fort Myers Real Estate, Homes for Sale SWFL, Housing Hot Spot, Housing Market Update, Lee County Homes, Real Estate Advice, Real Estate News, SWFL Home Sales, SWFL Housing Update, SWFL Market News, SWFL News, SWFL Real Estate

Naples-Marco Island home values expected to rise fastest in state

NBC-2.com WBBH News for Fort Myers, Cape Coral

nbc2Sky high predictions are out for the Southwest Florida real estate market. A national survey projects, in the next three years, home values in the Naples-Marco Island market will rise faster than anywhere else in the state.

Whatever brings you here, one thing is true about the Southwest Florida real estate market. “It’s hot,” said Armand Procacci from Procacci Properties. Through 13 years as a realtor, Procacci has seen the ebb and flow of prices. The national research group, Local Market Monitor, predicts Naples and Marco Island home values will rise 41-percent in the next three years. The group cites above average incomes, job growth, and a huge influx of people moving into the area.

Lee-County-FL- Real Estate“I think it’s going to be more on the resales,” explained Carolyn Beggs, the chief operating officer at Local Market Monitor. “I don’t think construction is going to keep up with the demand that we’re seeing.” “There is a lot of new building going on,” Procacci said. “The price per square foot is fabulous.” He said home values will hold strong because non-traditional sales, like foreclosures and short sales, are down tremendously. “I know the demand is coming and we do rentals so we understand the influx of people, the magnitude of people that come into this market,” Procacci said while sitting in a $10 million rental home on Barefoot Beach.

To the North in Lee County, Local Market Monitor predicts, in the next three years, the Fort Myers-Cape Coral market will see home values rise 25 -percent — 6th highest out of 21 metro areas the group studies across Florida. “Primarily the home prices are going to be increasing over the next one, two and three years,” Beggs explained. “Just not necessarily quite as quickly as they are in the Naples market.” “I take it with a grain of salt,” said Procacci. “I don’t see prices going up 41-percent on everything.”

Real estate is directly tied to jobs. Nationally, the number of new jobs grew by 2-percent in the past year. Both the Naples-Marco Island and Fort Myers-Cape Coral markets saw double that growth. Jobs increased by 4-percent in the past 12 months. Home values peaked in 2006 then fell off sharply.

Although no one knows for sure if a downturn is in in the future, the outlook is bright. Click here to view original article.

SWFL Home Sales Cape Coral

I’m always happy to answer any questions and educate my clients on what options will benefit them most in the purchase of a new home, condo or lot in the area.  Please feel free to share this blog post with anyone you feel might be interested or find value in this information.

Bob Ashworth Remax Realtor SWFL

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Business Card 2014

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Getting the Most Money for your Home!

Posted in Bob Ashworth, Bob Ashworth Realtor, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, FL Real Estate Market Update, Florida Housing Market, Florida Real Estate, Fort Myers Real Estate, Home Selling tips, Home Tips, Real Estate Market, Sell Your Home Now, Selling your Home, SWFL Home Selling Advice, SWFL Home Tips, SWFL Real Estate

SWFL Home Selling Tips

Pricing your home to sell for max amount.

There are a number of important factors to selling your home for the highest amount of money possible. Effective marketing of course is important, but so is pricing the home correctly for the market conditions that exist.

Cape Coral Remax Homes for SaleIn my business of listing homes for sale in and around Cape Coral & Lee County, Florida, I encounter sellers all the time who are unwilling to price their home for the market. There’s a plethora of excuses though mostly it’s due to a lack of understanding of what it actually takes to sell a home.

Most sellers think that they have to leave enough room between their list price and the price that they are willing to sell for so that the buyer can feel like they made a good deal in the negotiation. While it’s true that buyers rarely offer what they are willing to pay, they are also expecting the seller to counter offer and meet somewhere in the middle. Let me clarify that by saying somewhere in the middle doesn’t necessarily mean the middle. It just means not the list price, but certainly not the offer price. There’s more to it than that.

Nearly all buyers get to know the market by home shopping for a bit before finding the home they wish to offer on. They are at a distinct advantage over the sellers who typically haven’t actually seen any homes on the market other than their own.

Sellers and buyers for that matter, aren’t necessarily skilled at the art of negotiation. Oh sure most of them think they are, but they don’t know what they don’t know.

A couple of recent scenarios come to mind.

Lee County Home Selling tipsScenario #1

The first one is a nice listing in SW Cape Coral not on a canal but in a desirable neighborhood across from sailboat access to the Gulf of Mexico canal homes. My discussion with the owner prior to listing was about, of course, my marketing plan – My Unique Home Selling System. We also discussed my professional opinion of the homes market value along with data to support my opinion. The opinion was that the home’s fair market value was right around $250,000. Maybe a little more maybe a little less, but not less than about $245,000. I recommended a list price of $259,000, the seller insisted on $269,000. So I listed the home at $269,000 with the caveat that if that price doesn’t work with the buyers after a couple of months that we would have to reduce it to get it sold.

A home priced right is half sold!

So even though this home was just a little overpriced, we never got any offers on it. We had a number of showings. Fifteen plus in fact, but no offers. Finally after nearly 6 months on the market the seller reluctantly agreed to reduce the list price to my originally suggested price of $259,000. Miraculously within 2 weeks we had a good solid offer in hand. A negotiation ensued and we were able to get the buyer to pay $254,000. We didn’t need to wait six months for the same outcome that we could have attained earlier had we priced it right from the start or shortly there after.

So, don’t hire a professional to help you get a job done, then ignore his counselling. It’s just a waste of everyone’s time.

Selling Tips SWFLScenario #2

A recent listing where the seller is motivated to sell but needs to get every last dollar possible as he is forced to sell at a loss. My professional opinion on the value of his home is $114,000 +/-. I indicated that we might need to price it at $119,900 to get activity, but let’s try $125,000 to start as I never want to under price a home. Low and behold 2 weeks into the listing, hundreds of online views by buyers, though not a single showing request.

I advised the client that we should now reduce to the $119,900 price point to stimulate activity. He took my advise and granted the reduction. Within 8 hours we had 2 showings set up. Within the first week at the new price we’ve had 6 more showings with a couple of buyers considering an offer.

How can I help you realize your highest sale price possible? Lets get together for a no pressure market analysis and marketing plan where we can discuss your situation.

SWFL Remax Real Estate Services

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!

SWFL Real Estate

We invite you to like us on facebook, connect with us on Google+, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Cape Coral Makes the Top 10 Places to Invest in Florida!

Posted in Bob Ashworth, Bob Ashworth Realtor, Business Growth, Buying a Condo, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Buying Tips, Cape Coral News, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, FL Real Estate Market Update, Florida Housing Market, Florida Real Estate, Florida Real Estate News, Housing Market Update, Real Estate Investment, Real Estate Market, Real Estate News, SWFL Real Estate, SWFL Real Estate Investing

Florida Living

We’re always on the lookout for good articles to share with you and today we bring you an exciting one! Cape Coral made the Top Ten Places to Invest Real Estate in Florida List and this just confirms what we already knew – Cape Coral is Awesome!

Best Places to Invest in Real Estate in Florida

Florida Real EstateAh, Florida. The land of sand, snowbirds — and real estate speculation.

Ever since the 1920s, when the first real estate boom officially arrived at the doorstep of the Sunshine State, the idea that you too could own a sunny slice of Miami or Tampa has taken root within the American dream.

But, as with any investment, the risk of loss is real and timing is everything. Florida housing prices, which hit a peak in December 2006, are slowly recovering after the Great Recession nosedive — the state’s fall was among the harshest in the nation — but recently, the trend is positive, stoking renewed interest in real estate.

According to the S&P/Case-Shiller Index, considered one of the more reliable indicators of local real estate market trends, home prices in the Miami area have been on an uninterrupted march up since November 2011. Recently, in Lauderdale-by-the-Sea, a community just north of Fort Lauderdale, buyers camped out overnight for a chance to snap up new condos selling for $500,000 to $1 million.

Investors will find real estate prices vary widely across Florida. In NerdWallet’s study of 227 places, the cheapest average sale price was $37.36 per square foot in Kenneth City in Pinellas County. The most expensive was Key Biscayne at $546.77 per square foot, a difference of over $500.

So what area offers the best bang for your real estate investment buck? NerdWallet crunched the numbers to find out.

Real Estate InvestingKey takeaways
Flip this. If your goal is to get in and get out with a profit, here are the top three communities when it comes to speed of sale: Hialeah Gardens, Lauderdale-by-the-Sea and Atlantis. Hialeah Gardens earned the highest mark, a 9.55, in our study on this metric — Zillow’s 2014 market health score. The quicker a house sells, the higher the score, with 10 as the highest.
Beachfront bonus. The Miami-Fort Lauderdale metro area dominated our top 10 list — eight of our top 10 investments are located there.
Going long? Florida’s housing market seems to make the most sense overall for those looking to invest in the long-term. Most of our top 20 places have low scores when it comes to real estate market health, a sign of the continued impact of the Great Recession.

What we analyzed
Our calculations took into account several factors:

Market health. We looked at how quickly houses sold compared with other cities in the state, as well as the change in vacancy rate.
Price per square foot. Weighting for affordability, we measured the price per square foot of housing in a city, averaging all months of 2013 and 2014 to avoid seasonal fluctuations.
Population and home price growth. Averaging monthly price data since 2004, we examined the percentage of houses that increased in value over the past 10 years. We also looked at the increase in population since 2010.
Property taxes. Using state data, we calculated the city and county property tax for each city.

Cape Coral Housing Market

Cape Coral was #9 on this list! 🙂 

Best places to invest in real estate in Florida

1. Doral
Doral tops our list thanks to its relative affordability, low unemployment rate (4.4%, or over a full percentage point lower than the statewide rate) and strong population growth. This north-central Miami-Dade County city from 2010 to 2013 welcomed almost 6,000 new residents, a gain of more than 14%.

2. Bal Harbour
In tiny Bal Harbour, population 2,569, price could quickly become a factor — it’s the most expensive location in our top 20 with an average sales price of $340 per square foot. Still, there are plenty of buyers. On Zillow’s 0-10 scale for speed of sale, Bal Harbour scored a healthy 8.66.

3. Homestead
The watchword in Homestead is growth. More than half — 56% — of its homes have increased in value over the past 10 years, yet housing remains relatively affordable in this city of 61,714 residents. Sale prices over the past two years averaged just $79.42 per square foot, among the most affordable in our study.

4. Miami Lakes
Miami Lakes may not boast oceanfront property, but a full 57% of its housing stock has increased in value over the past 10 years, and vacancies have dropped 3.6%. That’s a good sign for investors who may have to pay a premium for this suburban location just north of Miami. Here, buyers paid an average of $152 per square foot for a house.

5. Marianna
Bargains abound in Marianna, home of our top 20’s lowest price-per-square-foot sale price of $61. It’s also clearly attracting new residents, with a 28% increase in the population from 2010 to 2013.

6. Hialeah Gardens
Hialeah Gardens, population 22,136, had the highest overall market health score in our survey at 9.55. This means buyers who are looking for a quick turnaround on their investment will find many options to flip housing in Hialeah Gardens.

7. Aventura
This diverse and growing community in northeastern Miami-Dade County is known for its high concentration of transplants from the Northeast, and its many high-rise condos. Buyers will find an average sales price of $227 per square foot and options for Intracoastal Waterway and Atlantic Ocean views. The city’s investment score also benefits from its 7.51% increase in population since 2010.

8. Pinecrest
This small suburban village in Miami-Dade County is the second-most expensive in our top 10, with the price of $269 per square foot. Its population has grown a modest 1.54% in recent years, and village leaders are thinking about expanding. A common discussion involves annexing land west of U.S. Highway 1 to help build out the small village’s tax base.

Cape Cora Homes on Canal9. Cape Coral
Cape Coral moves in many directions: It is the largest city in our top 10 at 158,415 residents, and it has an average sales price that is the third lowest in our top 10 at $96 per square foot. It’s the only city on our list located in Lee County, which is also home to Fort Myers. Cape Coral residents are thinking about development, which can have a major effect on real estate values. Recent news reports have focused on plans to develop Bimini Basin as a community gathering place — with some ideas calling for a mix of commercial and open space.

10. Winter Garden
The only place in our top 10 near Orlando, Winter Garden has a lot to offer those diving into the real estate market. Its vacancy rate declined while its population grew over 13%, suggesting strong demand for housing. Perhaps it’s the nearby Disney World effect, but Winter Garden enjoys a particularly strong job market, which supports a growing housing market. The unemployment rate in Winter Garden in December, the most-recent data available, was 3.8%. By comparison, the entire state of Florida was at 5.6% for the same month.

Click here to view original article.

I’m always happy to answer any questions and educate my clients on what options will benefit them most in the purchase of a new home, condo or lot in the area.  Please feel free to share this blog post with anyone you feel might be interested or find value in this information.

Bob Ashworth Remax Realtor SWFL

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Business Card 2014

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

10 Reasons to Fall in Love with SWFL!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Cape Coral Real Estate, Cape Coral Real Estate Market, Florida Real Estate, Florida Real Estate News, Real Estate News, Realtor, SWFL Market News, SWFL Real Estate

Love SWFL

Falling in Love with SWFL is easy!

Sunny SWFLThere are so many reasons to fall in love with Southwest Florida and make it your home! Here’s just a few reasons why you want to explore the Southwest Florida area to plant roots and make this your new home! When you are ready to explore the housing market please give us a call and let us guide you to the right home, condo or lot that meets both your needs and budget!

10 Reasons to Fall in Love with SWFL!

  1. Beautiful Beaches
  2. Amazing weather
  3. Strong Housing Market
  4. Great Shopping
  5. Wonderful Outdoor Activities
  6. Good Job Market
  7. Safe Place to Raise a Family
  8. Centrally Located
  9. Strong Business Market
  10. Nice people

Here is Southwest Florida we have some of the best beaches in Florida! Sanibel Island is known world-wide for it’s great shelling and beautiful beaches. Fort Myers Beach is a favorite for Spring Break and Naples beach is definitely a must see! We have perfect weather all year round for enjoying all kinds of fun outdoor activities like boating, skying, fishing, biking, cycling, canoeing, skating and so much more! You will find some of the best local small businesses and people ever! This is a great place to start a new business, network with the local people to grow your business or participate in clubs, non-profits and groups. Southwest Floridians love their communities and are, in general, very supportive and helpful. There are so many wonderful choices for dining out, shopping and family fun! Below is a list of links to places to go for shopping, dining, events and fun!

Shopping:  

Special Events: 

Must Do’s!  

Golfing:

 Wondering where to dine? 

 SWFL Palm Trees Downtown

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!

SWFL Real Estate

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

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Historic Low Mortgage Rates!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Condo, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Buying Questions, Buying Tips, Cape Coral, Cape Coral News, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, FL Real Estate Market Update, Florida Housing Market, Florida Mortgage News, Florida Real Estate, Florida Real Estate News, Lee County Homes, Lower Your Interest Rates, Money Saving Tips, Real Estate Investment, Real Estate Market, Real Estate News, SWFL Home Sales, SWFL Real Estate

SWFL Real Estate News 1

Mortgage interest rates are back down to historic lows!

Are you thinking about buying a new home in Southwest Florida? If so I have some really good new for you! With these new all time low interest rates you can buy more house for your money!

Lower Interest RatesAs you may or may not know, the 30 year fixed rate home mortgage is based upon the US Treasury’s 10 year bond yield. Last week, the week of January 12, 2015 saw the 10 year treasury dip down under 2% to 1.816% as of the writing of this article.

So you might be wondering, how does this benefit home buyers, sellers? The drop in the 10 year treasury, will virtually immediately signal a drop in 30 year mortgage rates that are already at 4% or less for a well qualified buyer.

We will likely see 30 year mortgage rates down to 3.75% to 3.875% therefore increasing a home buyers borrowing power by reducing the monthly payment required to support the loan. In turn this low rate also helps home sellers as it eases the stress of buyers just a bit while also increasing how much home they can afford to buy.

Nobody knows for sure how long rates will stay at these historic lows, but now is a great time to buy a home as the affordability has never been greater. If you’re not sure how much home you can afford, contact me for assistance.

I’m always happy to answer any questions and educate my clients on what options will benefit them most.  Please feel free to share this blog post with anyone you feel might be interested or find value in this information.

Bob Ashworth Remax Realtor SWFL

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

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Business Card 2014

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Happy Thanksgiving!

Posted in Beach Holidays, Bob Ashworth, Bob Ashworth Realtor, Cape Coral, Cape Coral Real Estate, Cape Coral Realtor, Florida Real Estate, Happy Holidays, Happy Thanksgiving, SWFL Real Estate

2014 Happy Thanksgiving

 

Wishing You A Wonderful Thanksgiving Day From Our Family to Yours!

We have so much to be grateful for on this day and on every day of the year. Today we want to just say THANK YOU for allowing us to serve you over the years. We greatly appreciate the friendship, the good times and the opportunity to share these moments with you. Here’s to wishing you a very Happy Thanksgiving to you and yours! May your day be filled with laughter, love, family, good food, good friends and happy times!

All the best to you and yours, 

Bob Ashworth Remax Realty Team

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Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

It’s a good time to buy a Florida Home!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Condo, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Buying Questions, Cape Coral, Cape Coral News, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, Florida Housing Market, Florida Real Estate, Florida Real Estate News, Lee County Homes, Real Estate Market, Real Estate News, SWFL Homes for Sale, SWFL Market News, SWFL Real Estate

Florida Homes for Sale

Canadian snowbirds encouraged to buy a Fla. home

MONTREAL, Canada 2014 – As Canadian snowbirds prepare to head south, the Annual Snowbird outlook from BMO Bank of Montreal is telling Canadians that “U.S. housing affordability remains healthy, and prices are expected to increase in Florida, Arizona and other popular areas.”

The bank offers only two warnings to Canadians considering a southern move: The border crossing rules are more strict, and a strengthening U.S. dollar could make purchases in Florida and elsewhere more expensive.

“Overall, U.S. house prices have soared 20 percent in the past two years, but are only about half way back to their peak in 2006,” and “Traditional destinations for Canadian Snowbirds remain affordable,” the bank says. “Compared to their peaks, prices in Tampa are down 34 percent, Phoenix down 30 percent, Las Vegas off 43 percent, and Miami down a whopping 52 percent.”

“Now, with the American economy and employment gaining strength, home sales should gather some momentum,” advises Sal Guatieri, senior economist, BMO Capital Markets. “We expect prices to rise over time alongside growing family incomes.”

Guatieri also says BMO expects “capital gains appreciation for Canadians who purchase U.S. property.”

Florida a hotspot

Florida continues to be a hotspot with Canadians representing the largest foreign buyers of Florida housing, BMO says. More than 500,000 Canadians currently own real estate in Florida.

“Florida properties are a bargain compared to real estate in Canada. The median priced home in Florida is nearly half that in Canada,” says Jack Ablin, chief investment officer, BMO Harris Private Bank. “Popular areas include Sarasota-Bradenton-Venice, Orlando-Kissimmee, Miami-Ft. Lauderdale-Palm Beach, Cape Coral-Ft. Myers, Tampa-St. Petersburg and Naples-Marco Island.

“We project retirement state housing prices to outpace the national average, due to increasing numbers of retirees, and abundance of capital from abroad and lower interest rates. Foreign buyers are interested in U.S. real estate because it’s relatively cheap when gauged against incomes, and it’s situated in a stable/safe haven economy,” added Mr. Ablin.

Click here to view original article.

Bob Ashworth

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

 Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Cape Coral – Awesome Place to Live!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Home, Buying a Home in SWFL, Buying a Home SWFL, Cape Coral, Cape Coral Real Estate, Cape Coral Real Estate Market, Cape Coral Realtor, Florida Housing Market, Florida Real Estate, Fort Myers News, Fort Myers Real Estate, Homes for Sale SWFL, Lee County Homes, Real Estate Advice, Real Estate Market, Realtor, SWFL News, SWFL Real Estate

65599

Cape Coral is ranked No. 46 on a list of America’s best cities to live.

To form the list, 24/7 Wall St. reviewed data on the 550 areas measured by the U.S. Census Bureau with populations of 65,000 or more. A range of variables werNews-Presse considered, including crime rates, employment growth, educational attainment, and housing affordability.

According to a snapshot look at the city:

• Strong employment growth between 2011 and 2013 helped drive the unemployment rate down from 11.1 percent to 6.9 percent during that time.

• Payments on a median-priced home in Lee County equaled 16.6 percent of a typical household’s income, less than in many other parts of the nation.

• Median income of $48,619 is below the national average and incommensurate with its moderately high cost of living.

• Its network of well-organized canals are likely its biggest attraction.

Other Florida cities in the top 50: Boca Raton came in at No. 11 and Weston was ranked No. 15.

Newton, Mass., got the top spot on the list.

24/7 Wall St. LLC is a corporation set up to run a financial news and opinion operation with content delivered over the Internet. The company’s articles are republished by many of the largest news sites, including USA Today.

Cape Coral’s full snapshot:

46. Cape Coral, Florida

  • Median household income: $48,619
  • Unemployment rate, 2013: 6.90%
  • Median home value: $137,100
  • Violent crime per 100,000 residents: 143.5
  • Average commuter travel time: 27.5 minutes

Click here to view original article by The News Press.

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!

SWFL Real Estate

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Review us on Yelp

It’s Cheaper to Live in Florida!

Posted in Bob Ashworth, Bob Ashworth Realtor, Buying a Home, Buying a Home in SWFL, Cape Coral News, Cape Coral Real Estate, Cape Coral Real Estate Market, FL, FL Real Estate Market Update, Florida Housing Market, Florida Mortgage News, Florida Real Estate, Florida Real Estate News, Housing Market Update, Real Estate Advice, Real Estate News, SWFL Housing Update, SWFL Market News, SWFL Real Estate

Housing Prices Florida

Report: It’s cheaper to live in Fla. than Northeast

WEST PALM BEACH, Fla. – Sept. 2, 2014 – Contrary to some consumer perceptions, it’s cheaper to live in Florida than most of the Mid-Atlantic and Northeast states, according to a Washington, D.C.-based think tank.

A study by the Tax Foundation showed that $100 in Florida buys $101.21 worth of goods, based on the national average. In the Northeast, only Pennsylvania, Rhode Island and Maine stretched their dollars further.

$100 in New York only buys $86.66 worth of goods, according to the report. The D.C. area is the nation’s most expensive, with $100 only getting $84.60.

The figure is a statewide average. However, as the Clearwater Gazette reported, prices spike near cities, and Florida is no exception – but prices in and around Tampa are still cheaper than New York City and Boston.

The Tax Foundation’s figures are based on housing costs, state income taxes and average price of goods in the area.

Florida is far from the biggest value. That honor goes to Mississippi, where $100 can get you almost $116 worth of stuff.

Click here to view original article.

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!

SWFL Real Estate

We invite you to like us on facebook, follow us on twitter and connect with us on linkedin. We hope that you find our website to be a great source of information and visit often. Whether you are looking for Homes for SaleMoving Resources, or even Mortgage Information everything you need is right here.

We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. S., Cape Coral, FL 33990. You can reach me at 239-425-2503 or email me at Bob.Ashworth@gmail.com and you can visit my website at www.BobAshworth.com.

 Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  Visit our blog  Find us on Yelp   Find us on Google+

Bob Ashworth Remax Realty Team

Bob Ashworth
Realtor, CBR, CDPE
Your Real Estate Solutions Provider
239-425-2503
2326 Del Prado Blvd. S.
Cape Coral, FL 33990
Bob.Ashworth@gmail.com
www.BobAshworth.com

Like us on Facebook Follow us on Twitter View our profile on LinkedIn Visit our blog Find us on Yelp Find us on Google+

Review us on Yelp