Marco Island Happenings

Tuesday, January 31, 2012

Marco Island Tide Chart for February 2012

Marco Island Tide Chart for the Big Marco River:

1    2:15am L    8:06pm H    3:14am L    12:06pm H
2    2:56pm L    9:10pm H
3    4:04am L    11:35am H   3:53pm L    10:04pm H
4    4:49am L    11:59am H   4:41pm L    10:50pm H
5    5:30am L    12:26pm H   5:24pm L    11:30pm H
6    6:08am L    12:55pm H   6:05pm L    12:08am H
7    6:45am L    1:24pm H    6:46pm L    12:46am H
8    7:21am L    1:53pm H    7:28pm L     1:26am H
9    7:57am L    2:23pm H    8:12pm L
10  2:12am H    8:34am L     2:53pm H    8:59pm L
11 3:05am H    9:10am L     3:26pm H    9:52pm L
12 4:08am H    9:49am L     4:02pm H   10:52pm L
13 5:25am H   10:31am L    4:47pm H
14 12:03am L 6:54am H     11:28am L   5:47pm H
15 1:18am L    8:51am H     12:57pm L   7:08pm H

For boating information on Marco Island visit my website.

Mortgage Rates

On January 12, 2011, Freddie Mac published mortgage interest rates. 30-yr fixed rates were at 3.89 % with .7 points. 15-yr fixed rates were at 3.16 % with .8 points. Rates continue to hold at historically low levels and make housing more affordable.

For more information on on how you can take advantage of these great rates and purchase your vacation home on Marco Island visit www.RealEstateonMarco.com or call 239-404-7471.

Thursday, January 19, 2012

Marco Island Tide Charts for January

Marco Island Tide charts for the month of January

All tides shown are for the Big Marco River

19   3:48am L   11:43am H    3:39pm L   9:47pm H
20   4:43am L    12:23pm H   4:38pm L   10:44pm H
21   5:33am L   12:53pm H   5:31pm L   11:33pm H
22   6:19am L   1:20pm H     6:20pm L
23   12:19am H 7:01am L     1:46pm H   7:05pm L
24   1:01am H    7:41am L     2:15pm H   7:48pm L
25   1:43am H    8:18am L     2:45pm H   8:30pm L
26   2:26am H    8:53am L     3:17pm H   9:14pm L
27   3:12am H    9:27am L     3:52pm H   10:00pm L
28   4:04am H    9:59am L     4:30pm H   10:53pm L
29   5:04 am H   10:27am L    5:11pm H 11:57pm L
30   6:14am H    10:41am L    5:59pm H
31   1:08am L     7:38am H     10:17am L   6:58pm H

Monday, January 2, 2012

Marco Island Real Estate December Sales Statistics

              Year        2011    2010

NEW LISTINGS:
Single Family       40         59
Condominiums    57         59
Lots                     17         32

ACTIVE LISTINGS:

Single Family    368        490
Condominiums  648       776
Lots                    314        335

PENDING SALES:
Single Family    15        14
Condominiums   14       16
Lots                    11         5

SOLD:

Single Family      28       34
Condominiums   37     39
Lots                     13      10

AVERAGE SALE PRICE:
Single Family $874,666    $615,827
Condominiums $340,615    $401,487
Lots                    $264,954    $320,790

For more information on real estate on Marco Island and Naples, please contact me at 239-404-7471 or visit my website at http://www.realestateonmarco.com/ for current homes for sale.

Wednesday, December 28, 2011

Information on Homestead information for Florida

HOMESTEAD ALERT

If you have purchased a home this past year in Florida and plan to make Florida your homestead, it is essential that you become Florida residents by December 31, 2011 to reap the benefits in 2012. This means by this Friday they will need to apply for a driver’s license, vehicle registration (if applicable) as well as a voter’s registration.

Many people labor under the mistaken impression that as long as an application for homestead is made by the March 1st deadline, they will be granted homestead status for that year. That may be true for existing residents, however, the second requirement, which is often overlooked is that these property owners would have had to become residents as of December 31st of the preceding year. As a result, the property must be owner occupied (or simply not rented) January 1st by a Florida resident. Having met this requirement the property owner has up until March 1st to apply for the homestead exemption if they had not done so in previous years.

Why is this important? Property values are presently assessed at extremely favorably low rates and homeowners can benefit by the homestead cap placing a limit on how high taxes can go up in subsequent years. However, the cap does not take effect as a baseline until the year following (the second year) of the Homestead exemption. Assessed values will not remain low forever so it is advisable to act now.

Thursday, December 1, 2011

Marco Island Real Estate November Sales Statistics

                   Year    2011      2010

NEW LISTINGS:
    Single Family       55   61
Condominiums         74    95
Lots                        29    19

ACTIVE LISTINGS:

    Single Family          381    496
    Condominiums        668    788
Lots                        336    333

PENDING SALES:
    Single Family          12   14
    Condominiums        18 21
    Lots                      9    6

SOLD:

   Single Family          17 18
   Condominiums        19 18
   Lots                         6 5

AVERAGE SALE PRICE:
   Single Family    $513,856    $518,922
Condominiums $319,661    $451,033
Lots                  $155,367    $221,000