Going Green Can Save You Money

Today many people are looking to conserve energy and “green” their homes.

Did you know that Florida homes, air conditioning accounts for 40-50% or more of your electric bill?

The top 9 items you can do to lower your monthly electrical bill as related to your air conditioning system’s electrical consumption.
1 - Keep your thermostat at 78 degrees while you are home. If you leave the house, turn the thermostat up to 82 degrees. Cooling down a home from 82 degrees consumes less electricity than cooling down from a higher temperature as well as less electricity to cool the house at 82 degrees than at 78 degrees during the hours you are away from the house. You might want to consider buying an inexpensive programmable thermostat to do this for you automatically. [Read more...]

Bonita Springs Home Market Update

June Activity:

Listings:

During the month of June 123 Bonita Springs homes were listed for sale. For the same month in 2007, 170 homes were listed for sale; this represents a decrease of 27.7 percent. The decrease from 2006 was 24.5 percent from the 165 new listings. In May 2008 there were a total of 135 homes listed for sale.

Closed Sales:

A total of 41 homes were sold during June 2008. [Read more...]

A Friend in Need – Helping Other People

Yesterday, I was informed of a very close and dear friend, Charles Richey, had been hospitalized with Guillain-Barre Syndrome. This particular disease afflicts the nervous system and the inflicted individual looses the use of all their limbs and ability to swallow.

Charles has helped me with my website on many occasions and has always been there to just to talk or give me encouragement when things were rough for me. There are many real estate agents through the United States that have benefited from his assistance. In addition, Charles, is very active in the Las Vegas area with animal rescue organizations. Many times when we talk he will tell me about a new dog that he has staying with him until a home can be found.

Charles does not have any health insurance at this time and with the overall real estate market not as strong as it has been, he will be incurring substantial hospital, physician, and after inpatient care – if you have been hospitalized you may have some idea of what Charles will be facing in the future.

On the Internet, we meet many people and may not meet them in person. So when a call goes out to help another- the internet is a power vehicle to get the word out. I have been lucky to meet Charles and his wife Jacqui in person and have had dinner with them.

You may not know Charles Richey from Las Vegas, but perhaps you know someone that has been striken with this disease and can offer comforting words of advice for this family or if you are so inclined to assist Charles you can visit this site or click on the graphic below.

Donate to the Charles Richey Fund

Thank you for reading this post and any assistance you can offer Charles Richey from Las Vegas.

Bonita Springs Home Market Update Feb 08

The Bonita Springs real estate market update continues to show subtle but positive signs of improvement as the number of homes coming on the market for sale are less than in the immediate previous two years and more homes were sold in 2008 than in 2007.

New Listings: During February 2008 a total of 136 Bonita Springs single family homes were listed for sale. The February 2008 reflects a reduction of new listings coming on the market from 193 homes in 2007 and 213 homes in 2006. The absorption rate for the new listings is 4.4 months, lower than 6.7 in 2007 and 5.5 in 2006. The lower absorption rate generally the faster homes are apt to sell. The lower number of listings this year compared to previous years represents a strengthening within the Bonita Springs real estate market for homes.

Pending Sales: During the month of February, 50 homes went under a sales contract. In previous years 59 homes were pending sale during the month of February. Pending sales for homes in Naples and Estero saw an increase over 2007.

Median Sold Price: The median sold price for a single family home in Bonita Springs was $450,000, which was a reduction of about 25% from the 2007 median price of $600,000 and about 24.3% from the median price of $595,000 for sold homes in 2006.

Closed Sales: During February, 31 homes were sold versus 29 in 2007 and 39 in 2006.

Currently, 1201 homes are available for sale in Bonita Springs or about 33 months of inventory based upon the average monthly closed sales over the immediate past 12 months. 

Naples Real Estate News 02/25/08

FLORIDA HOME SALES – The mortgage credit crunch and a sluggish economy continued to affect the sales pace of existing homes and condos in Florida in January, with a total of 6,737 existing single-family homes sold statewide, a decrease of 28 percent from January 2007, according to the Florida Association of REALTORS. The statewide median sales price for existing single-family homes was $208,600.

For comparison purposes the sale of existing single-family homes in Naples was 111, a decrease of 20 percent, with a median sales price of $450,000. In Bonita Springs 26 homes were sold, a decrease of 16 percent, the median price was $802,500. Estero single-family homes sold were 16, an increase of 23 percent, with a median price of $463,750.

The areas of Naples, Bonita Springs and Estero are performing stronger than the statewide sales volumes.

HOMEOWNERS INSURANCE – State Farm Insurance, Florida’s largest private property insurer, plans to essentially shut the door to the Sunshine State. State Farm Insurance officials told the state last week that the company would essentially stop selling new homeowners policies in Florida.

HOME TRENDS – Because of their style, relative affordability and durability, metal roofs are becoming a popular alternative to asphalt-shingle roofs. Architectural metal roofs in new-home construction reached a projected 30 percent of the market in 2007, up from 23 percent in 2004, according to the National Roofing Contractors Association.

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