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Florida Gulf Coast Real Estate: Beneficial Market Forecast

Wednesday, February 26, 2014   /   by Doug Leugers

Florida Gulf Coast Real Estate: Beneficial Market Forecast

There are many great Gulf Coast Area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Value Report so you know what buyers will pay for your home in today's market. You may also call me at (239) 344-7571 for a FREE home buying or selling consultation to answer any of your real estate questions.

Welcome back to my video blog. Today I'll be doing a short recap on the 2013 market and also looking ahead to 2014.


One of the best indicators that the National Association of Realtors uses to gauge how the market is doing is by analyzing the average sales price. In southwest Florida, the average home price for 2012-2013 went up by 13% to $298,842 dollars.

Interests rates are sitting right at 4.3% but they are expected to rise upwards of 1% which would bring us to 5.3% interest.

What this means: If you purchased a $250,000 dollar home, then your monthly payments will rise by $161.08 because of rising interest. This accumulates to an extra $2,000 every year or $60,000 over the course of a mortgage!

If you're on the fence about buying, now would be a great time to make up your mind because there are many great deals out there and we can help you find homes that aren't listed on the MLS.

 




Contact me with any questions or if you're seeking assistance in finding a property. You can call me at 239-398-3131 or reach me at Doug@DLREE.com

Selling Luxury Estates, and Homes in Marco Island, Naples, Bonita Springs, Fort Myers, Cape Coral, Punta Gorda, Sarasota, Clearwater and surrounding areas, contact us for more info!

Leugers Group
Lona Leugers
1625 SE 46th St, Suite 4A
Cape Coral, FL 33904
239-398-3131
Licensed Florida Broker Associate
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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
2019 Royal Palm Coast REALTORĀ® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than eXp Realty IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 11/18/2019 6:29 AM CST
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than eXp Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact eXp Realty Data last updated 11/18/2019 6:29 AM CST.
Ā© 2019 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.11/18/2019 6:29 AM CST
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.