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Seminole Isle and comparables properties.

Seminole Isle and comparable properties.                                                                                                                                       Honestly, I probably do not know what I am thinking trying to write a post with the Title Seminole Isle and comparable properties. (Now you are saying “what is she talking about”)

pool at seminole isle

Well here is the deal, a post is supposed to have between 300 and 500 words to catch the reader’s attention AND I have no idea how to come up with some many words about comparable properties for Seminole isle. I do not think there are any and I challenge everybody to correct me and give me a good comparable.

landscaping at Seminole Isle

At this point you can buy a 1500 square feet condo in Seminole Isle between $160,000 to $180,000. The condo and townhouses are 6 years old, high ceilings, open floor plans, granite countertops, lot of architectural details, nice size balconies, a master bathroom to die for and on goes the list……in a gated waterfront community with a pool, tennis courts, gym, fishing dock, boat dock and a little private beach right on the lake and close to the beaches and only 30 minutes away from Tampabay airport. (I am at 183 words right now)

waterfountain at seminole isle

Everything else you can get is either 20 years older or 20 minutes farther from the beaches or has hardly any amenities or is much smaller or doesn’t have cover parking or has no balconies or isn’t gated or is age restricted or or or (236 words by now) so as much as I would love to give you at least 300 word or a bunch of good comparable properties, I am sorry but both won’t happen in this post.

Call me today if you need more information about Seminole Isle (I am better at talking than at writing)  Anne 727 410 7777        Seminole Isle and comparable properties.

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Seminole Isle market update for the first quarter for 2016

So far 5 condos / town homes have been sold in Seminole Isle in 2016. Inventory is low and prices have been going up in Seminole Isle. Right now (3/24/16) there are only 4 condos for sale in Seminole Isle.  Please give me a call if you have any questions or want to see some of the active condos/ town homes in Seminole Isle. Below is a list of all units sold in 2016

  • 7296 Marathon dr     #604      1500 sf condo    sold for $252,000 on 1/8/16
  • 7069 Key haven rd    # 306      2100 sf condo   sold for $345,000 on 2/12/16
  • 7070 key haven rd    #204       1500 sf condo   sold for $225,000 on 2/12/16
  • 7189 Islamorada cir                  2090sf townhouse sold for $320,000 on 2/19/16
  • 7296 Marathon dr     #402       1700sf condo    sold for $256,500 on 3/18/16
Seminole Isle waterfront condos for sale (112)

Seminole Isle waterfront condos for sale

Information takes from local MLS

Fresh off the press, housing market Seminole Isle

Forecast for the 2016 Florida real estate market.

Below please find an article from FloridaRealtors.org.

Fla. poised to be real estate “hot spot” this year

ORLANDO, Fla. – Jan. 28, 2016 – What will Florida’s real estate markets look like in the coming year? That was the question on the minds of a standing-room-only crowd of about 400 Realtors®at the 2016 Florida Real Estate Trends event held Thursday during Florida Realtors®Mid-Winter Business Meetings, which continue through Jan. 31, 2016.

“Florida is positioned to become one of the hottest spots in the country with rising demand, positive gains in recovery, really good fundamentals and positive momentum,” said Jonathan Smoke, chief economist of realtor.com®. He said 2015 was a good year and 2016 looks to be similar. Smoke discussed the national housing outlook for the coming year, saying, “Home sales have pretty much recovered to their normal levels.”

“Fundamentally, we are experiencing a market with not enough to sell,” he said. “We are forecasting slightly better growth for construction and new home growth, but still not to the usual supply, which is putting pressure on the existing home supply (and existing home prices). On realtor.com, every single month in 2015 had less inventory and inventory was moving more rapidly – and we’re seeing the same in January 2016.”

Nationally, rents are rising faster than prices, Smoke added. He said that means Realtors should tell their clients: “For homebuyers, this is quite literally the year to buy a home – and the same is true for sellers who want to sell and buy another home. This should be our best year since 2006. It is now cheaper to buy a home than rent in 77 percent of counties in the U.S.”

Smoke told Realtors to get ready for an onslaught of would-be homebuyers in the spring through summer months.

The realtor.com forecast for 2016? Existing home prices will appreciate 3 percent; existing home sales will grow 3 percent to 5.4 million; new home sales will grow 16 percent to 580,000; and housing starts will increase 12 percent, he predicted.

Other speakers who shared their 2016 forecast included Dr. Elliot Eisenberg, a nationally known economist and a former senior economist with the National Association of Home Builders (NAHB); and Dr. Brad O’Connor, chief economist for Florida Realtors. Eisenberg discussed the national economic outlook, while O’Connor offered insight on Florida’s real estate markets.

Eisenberg pointed out that the national economy is doing OK – households are repairing their balance sheets, disposable incomes are rising, energy is cheap and people feel wealthier. The dollar is strengthening against all currencies, which hammers imports, he added, but job creation has been very good, unemployment is fine and the labor market is improving.

“Essentially, (the economy) ain’t going to be bad, but it ain’t going to be especially good either,” Eisenberg said. ” If you enjoyed 2015, you’ll enjoy 2016 – if you didn’t, you have a whole year to get to learn to enjoy it. No recession is in the cards: We’re not in a recession and we’re not likely to get one. We’re not going to have great growth, but that’s a long way from, and a lot different than, a recession.”

For 2016 and in the years to come, both Eisenberg and Smoke agreed that Realtors should look to baby boomers and millennials for clientele. They pointed out that boomers are still a huge part of the market as they look to retire, relocate or downsize, but an even bigger wave of millennials eager to become homeowners is the market’s future driving force.

“2015 was a very good year for both home and condo sales,” said O’Connor, who noted that as of December, statewide median prices have increased (year-over-year) for 49 months in a row. “The estimated Florida shadow inventory is slowly but surely disappearing. We’re down to about 200,000 non-listed but potentially in foreclosure homes (the so-called shadow inventory). Negative equity loans are down to below 20 percent.”

And Florida’s real estate sector will continue to experience growth and positive momentum in the coming months, he added.

“We expect home sales to increase 8-10 percent in 2016, while home prices are likely to rise about 5 percent,” O’Connor said.

© 2016 Florida Realtors®

New Short sale Listing in Seminole Isle

I wanted to let you know a fabulous new property just came on the market in Seminole Isle.
This Seminole Isle town house was built fairly recently in 2006 and it does have a community pool.
2-story town home style about 2000 sq ft with 3 bedrooms, 2 and half bathrooms, master is about 18 by 15 with spacious walk in closet.
Living room about 19 by 20 with crown molding throughout, blinds, with an awesome view.
Beautiful kitchen has dazzling granite counters, solid wood cabinets, dishwasher, disposal, oven and microwave included!
You are allowed 2 pets with a combined weight of up to 50 lbs.
Garage is a 2 car with an electric door opener.
Taxes are about $3,000.
The property is located in Seminole Isle subdivision on Islamorada Circle, close to beaches, shopping and dining.
Listed at $279,900 and is absolutely walk in ready!

It is a Seminole Isle short sale … I just wanted to let you know so you are not surprised.

Seminole Isle Real Estate Market Update

Seminole Isle Real Estate Market Update
Revised format Newsletter 1 side 1 blu JPG

Holiday Party at Seminole Isle

Holiday Party at Seminole Isle.

It is this time of the year again, parties, boat parades and all kind of holiday celebrations are in full swing again.

This year Seminole Isle is having their holiday party on December 8th starting at 6.30 pm at the clubhouse.

$10 per person, BYOB

Food is catered by Da Sesto Restaurant

Music by DJ Ryan

Please make reservations and call SISCO

Holiday Party at Seminole Isle.

Bake Sale at Seminole Isle

Another great idea from the Seminole Isle Home owners association.
They are having a Bake sale on Saturday Nov. 10th at the clubhouse in Seminole Isle.
People who live in Seminole Isle, friends family etc. (and we are pa

rticipating too) are donating home baked good.

The proceeds go towards the next Seminole Isle holiday party.
I think it is a great idea.

Our contribution will be German
Mandarin Muffins ( don’t they just look awesome?)

 

 

 

 

 

 

 

 

 

 

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