Thursday, May 27, 2010

Conservation Collier may rescue Tract K on Marco Island

An application to have the 11.6 acres known as Tract K was submitted to the Conservation Collier's Land Acquisition Advisory Committee.  It will be reviewed to determine if the property meets the programs goals and criteria for acceptance.  For more information refer to the Marco Island Sun Times.

April Home Sales Jump

The Commerce Department says sales of new single-family homes rose 14.8 percent to a seasonally adjusted annual rate of 504,000 units after buyers raced to secure an expiring tax credit. That follows a 29.8 percent rise in March that was the biggest increase in 47 years. The latest gain is well ahead of estimates.

Thursday, May 6, 2010

Marco Island Youth Summer Programs

The city of Marco Parks and Recreation and the Greater Marco YMCA are both offering summer programs for children of all ages. 

The YMCA is offering a 10 week camp starting June 14 for ages 6-11 and is offering Martial Arts, theater camp, and guitar camp as some of their options.

The City of Marco Parks and Recreation starts June 11 for ages 6-11.  For ages 8-13 they are offering Junior chefs camp where the kids will be baking and creating pastries.

For more information call 239-642-0575.

Monday, May 3, 2010

Mortgage rates stay above 5%

McLEAN, Va. (AP) – April 30, 2010 – Average rates for 30-year fixed mortgages slipped this week, but stayed above 5 percent for the fifth straight week, Freddie Mac said Thursday.

The average rate for 30-year fixed-rate mortgages was 5.06 percent this week.

The last time rates for 30-year fixed mortgages averaged less than 5 percent was the week of March 25, when they were 4.99 percent.

This week, the average rate on a 15-year fixed-rate mortgage was 4.39 percent, unchanged from last week.

Rates on five-year, adjustable-rate mortgages averaged 4 percent, down from 4.03 percent a week earlier. Rates on one-year, adjustable-rate mortgages rose to 4.25 percent from 4.22 percent.

For more information on Real Estate on Marco Island visit by website at http://www.realestateonmarco.com/ .