Tigertail Beach on Marco Island is a wildlife lover's paradise. Over the years Tigertail Beach has become a very important area for migrating and nesting birds. We have several endangered species of birds that use Tigertail Beach as their nesting area. The beach consists of a lagoon with an outside barrier strip of sand with wild seaoats, grasses and small trees. On the exterior of this sand barrier lies the Gulf with waves and white powder sand.
Enjoy a walk at Tigertail Beach and listen to the birds sing as you go.
For more information on Marco Island visit my website at www.RealEstateonMarco.com
Friday, June 25, 2010
Friday, June 18, 2010
Oil Spill in the Gulf of Mexico unlikely to affect Marco Island
I have received many questions regarding the status of Marco Island in relation to the oil spill in the Gulf.
According to the US Coast Gard Unified Command and local emergency management officials that are monitoring the spill, Marco Island is unlikely to be severely affected by the BP oil spill.
The island is rated "as a low threat for near and future oil impact" by state and federal personnel.
According to the US Coast Gard Unified Command and local emergency management officials that are monitoring the spill, Marco Island is unlikely to be severely affected by the BP oil spill.
The island is rated "as a low threat for near and future oil impact" by state and federal personnel.
Wednesday, June 16, 2010
Possible Housing Shortage???
ORLANDO, Fla. – June 16, 2010 – Some experts are saying that the next big real estate problem could be a shortage of homes.
Only 672,000 new homes were started in April. That's less than half the number needed to meet the country's average population growth.
In the past, an average of more than 1.3 million households have been built each year, creating demand for 1.5 million new homes. In 2009, only 398,000 new households were formed, according to the Census Bureau.
"The decline in household formation is artificial," says James Gaines, a real estate economist with Texas A&M. "The young are moving in with their parents. There's even doubling up among working-class people. There's a pent-up demand coming if and when the economy recovers."
Some economists believe this analysis fails to take into account the changing economy or the large inventory of vacant properties. But Gaines and others say these factors are unlikely to significantly drive down demand.
Source: CNNMoney.com, Les Christie (06/15/2010)
© Copyright 2010 INFORMATION, INC. Bethesda, MD (301) 215-4688
Only 672,000 new homes were started in April. That's less than half the number needed to meet the country's average population growth.
In the past, an average of more than 1.3 million households have been built each year, creating demand for 1.5 million new homes. In 2009, only 398,000 new households were formed, according to the Census Bureau.
"The decline in household formation is artificial," says James Gaines, a real estate economist with Texas A&M. "The young are moving in with their parents. There's even doubling up among working-class people. There's a pent-up demand coming if and when the economy recovers."
Some economists believe this analysis fails to take into account the changing economy or the large inventory of vacant properties. But Gaines and others say these factors are unlikely to significantly drive down demand.
Source: CNNMoney.com, Les Christie (06/15/2010)
© Copyright 2010 INFORMATION, INC. Bethesda, MD (301) 215-4688
Florida Foreclosure court filings down in 1 Quarter
TALLAHASSEE, Fla. – June 16, 2010 – The number of foreclosure filings for the first quarter of the year is down significantly compared to the past two years.
According to the Office of State Courts Administrator, the number of foreclosure filings for January through April stand at 105,149. During that same period in 2009, there had been 143,936 filings and in 2008 there were 111,337.
According to the Office of State Courts Administrator, the number of foreclosure filings for January through April stand at 105,149. During that same period in 2009, there had been 143,936 filings and in 2008 there were 111,337.
Friday, June 11, 2010
Freddie Mac: Mortgage rates hit low for year
Mortgage Rate Trend Index
WASHINGTON – June 11, 2010 – Rates on 30-year fixed mortgages fell this week to the lowest level of the year and barely shy of the all-time low.
Mortgage finance company Freddie Mac says the average rate sank to 4.72 percent, down from 4.79 percent last week. It was just above the record of 4.71 set last December.
The average rate on a 15-year fixed-rate mortgage hit 4.17 percent, down from 4.2 percent last week and the lowest on records dating back to August 1991.
For information regarding real estate on Marco Island visit at www.RealEstateonMarco.com
WASHINGTON – June 11, 2010 – Rates on 30-year fixed mortgages fell this week to the lowest level of the year and barely shy of the all-time low.
Mortgage finance company Freddie Mac says the average rate sank to 4.72 percent, down from 4.79 percent last week. It was just above the record of 4.71 set last December.
The average rate on a 15-year fixed-rate mortgage hit 4.17 percent, down from 4.2 percent last week and the lowest on records dating back to August 1991.
For information regarding real estate on Marco Island visit at www.RealEstateonMarco.com
Lawmakers Consider Home Tax Credit Extension
WASHINGTON – June 11, 2010 – Homebuyers may get an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.
Senate Majority Leader Harry Reid, D-Nev., said Thursday he wants to give buyers until Sept. 30 to complete their purchases and qualify for tax credits of up to $8,000. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale.
The proposal would only allow people who already have signed contracts to finish at the later date. The National Association of Realtors estimates that about 180,000 homebuyers who already signed purchase agreements are likely to miss the deadline.
Senate Majority Leader Harry Reid, D-Nev., said Thursday he wants to give buyers until Sept. 30 to complete their purchases and qualify for tax credits of up to $8,000. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale.
The proposal would only allow people who already have signed contracts to finish at the later date. The National Association of Realtors estimates that about 180,000 homebuyers who already signed purchase agreements are likely to miss the deadline.
Tuesday, June 8, 2010
Marco Island Academy Update
The Marco Island Academy has had an huge interest and would like to build the new school on the Tract K site. The Board of directors is no longer considering the YMCA for their location. The new high school anticipates about 200 students the first year.
For more information visit their website at www.marcoislandacademy.com.
For more information visit their website at www.marcoislandacademy.com.
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