Punta Gorda, FL Real Estate News

By Michael Glastonbury
(Deep Creek Realty)
I spend a lot of time out and about in Deep Creek. It's a fairly small area and I feel I know it fairly well. But the other day, while out in deep Deep Creek I had an epiphany. Deep Creek is actually several neighborhoods rolled into one. Earth-shattering you might say (with tongue firmly in cheek!). Bear with me. It's true though! Take the most southerly area. It's a very mature neighborhood. Homes have been here since at least the early eighties. That means they're approaching 30! Not such a young new neighborhood as us Deep Creekers are apt to boast. I do admit that is a thoroughly civilized part of Florida with many lakes and the few trees left that made it through Hurricane Charley. The easterly area, just off rampart Boulevard is an area of fairly new development, mainly condos an...
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By Marshal Bethea
(Exit Extreme Realty )
  Today was a great start to the new year! I got good news and opportunity in every avenue I ventured. I accepted a job that I have security in for weeks to come and I am very excited about it! Its only a couple days into the new year and things are already picking up. I feel great! How about you?
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By Marshal Bethea
(Exit Extreme Realty )
Sometimes we do things that we dont think about and jump into something we dont want. Its crazy how we make the same mistakes over and over again. It sucks when we see that we have fallen for the same thing over and over. What can we do about it? Lets try in 2009 to make better decisions about what we do and take responsibilty for what we have done. Trust me life will be better if you try this......
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By Michael Glastonbury
(Deep Creek Realty)
It's been a long while since I took to the keyboard to pontifiicate on Southwest Florida Real Estate goings-on! If anything the outlook has deteriorated since my last post of well over a year ago. The economy has soured. Bank bailouts, auto bailouts, mortgage meltdowns and credit cruches. Sounds like a breakfast cereal. Despite all the bad news, there is a glimmer of hope out there! Seems like a bunch of far-sighted individuals are starting to see some value in the market. And what's not to like if you're a Value Investor. It is indeed 'kid in a candy-store' time for those who can see the value - and have some cash! Also there is a glimmer of hope emanating from our friends in the mortgage biz. Seems like refinancings are going through a mini-boom of sorts. Well we're still a longway fr...
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By Nancy Elliott, It's all about the weather !!!
My family back in southern New Hampshire has been without power and with cold winter temp's since last week's severe ice storm. I feel for them, I really do. This is the time of year they want to be here. I don't blame them. That is why I moved here almost fifteen years ago. I could no longer take the long, cold winters in northern Vermont. What is interesting is Florida has four seasons too, although much more subtle than most areas of the country. I love all the seaons here. Summer is a favorite. Yes it get's hot July through September, but the afternoon showers cool it down to a comfortable range by late afternoon, early evening. In fact I find it hotter up north in the summer, because the haze tends to hold in the warm air. Many of those residents still don't have central AC. The ai...
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By Michael Glastonbury
(Deep Creek Realty)
As I was going out for my early morning jog the other day I reflected on life in my hometown of Deep Creek, Florida. This is a particulrly nice time to be in Florida, particularly if you're a runner. It's crisp and clear and the temperature can range from frigid (by Florida standards) to toasty (by Minnesota standards). Nevertheless it was a pleasant morning. Running down Nuremberg Boulevard I see the faces I see every day. The little old ladies taking their dogs for 'walkies', the elementary school kids waiting for the bus along with their bleary-eyed parents. The traffic is fairly light this time of morning - which is one of the reasons I like to run at this hour. I keep my eye out for my favorite encounter of the morning - the two kids (probably high school) who blow their loud and o...
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By Shannon Moore, Realtor, Sarasota & Charlotte
(Green Lion Realty)
Straddling Port Charlotte and Punta Gorda, Florida, nestled in between the beautiful Peace River and popular Kings Highway is Deep Creek - a gorgeous deed restricted community.  I have had clients who, having just moved to this area, didn't know that Deep Creek was anything more than a creek!  The truth is that it's so much more... Deep Creek is bordered by the Deep Creek Preserve, which is a 2000-acre park with miles of trails that wind through the beautiful forest.  Plans for the future include horse trails and campsites to be enjoyed in Deep Creek Preserve.  Deep Creek has wide open spaces and direct access to Charlotte Harbor and the Gulf Islands.  While Deep Creek is known for its natural beauty and freshwater lakes, don't forget about the golf course!  Designed by Mark McCumber, a...
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By F. "Cheetah" Currier
(Keller Williams Peace River Partners Realty)
All was not well in Paradise. Burnt Store Marina is the crown jewel of the Burnt Store corridor. This beautiful gated community contains the largest deep water marina in Southwest Florida, a waterside restaurant, a 27 hole executive golf course, a fitness center, tennis courts, walking and biking trails and more. Its residents enjoy a quality of life that is hard to find anywhere else. The community had successfully recovered from the spate of Hurricanes in 2004 and 2005 but it looked unlikely that it would be able to overcome the even greater devistation in 2006 when their beloved 27 hole executive golf course was unexpectedly closed.  The owner of the Amenities had decided to close the 27 hole executive golf course at Burnt Store Marina without notice. There were several parcels that ...
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By Kevin Hughes, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
For those of you who have visited Punta Gorda recently, I think you will agree that we have a lot of development going on in our downtown.  It really is quite exiting.  A recent articles in the Charlotte Sun gave an update on two projects; one on the home stretch and another just starting. I have electronic copies of the article available for those who are interested. Simply contact me and I'll forward it on to you. The project on the home stretch is the Sunloft Center.  They just removed the large crane off the top of this 4 story building which has been there for over a year.  If you haven't seen this building in person the pictures don't do it justice.  With the mix of façade styles, owner Franz Hartl and architect Bill Pansari have made this building much different than your typical...
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By Kevin Hughes, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
The most common question that I hear from prospective buyers these days is, "Has the real estate market hit bottom yet?".  That is a difficult question to answer because you can never tell when you're at the bottom.  In fact, you won't know for sure until the market data shows that you have already started to rebound.  At that point, for those trying to time the market, they have missed the bottom.  What I can tell you is that our office has definitely noticed an increase in activity.  I looked at our MLS data that shows year to date (1-1-08 thru 5-15-08) there have been 61 homes sold in Punta Gorda Isles.  This compares to 45 sold in the same period last year.  That's a 35.5% increase.  Plus there are another 33 homes in PGI in pending (under contract, but not yet closed).  The Charlot...
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By Luke Andreae, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
I recently was at a listing appointment in Burnt Store Isles (on of the two waterfront communities in the city of Punta Gorda, FL). The seller kept telling me that he felt like he was "giving away" his property and that buyers were "incredibly stupid" not to swoop in and pay a little more for his property than I suggested that he ask for it.   He told me that the baby boomers are coming, that they are not making any more waterfront properties, Punta Gorda's downtown is growing and that interest rates are near historic lows.  I agreed with him on all points.  In fact, I am more optimistic and enthusiastic for Charlotte County's long term real estate prospects than almost anyone on the planet.   After we had both agreed that our County's real estate future looked great and that buyers wer...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 Marco Island Home Owners, don't get too excited -- we are on the list at #5.Moody's Economy.com predicts the Punta Gorda area will see the worst declines in the nation, with a 35 percent drop. A drop of 29.6 percent is predicted for the Naples-Marco Island housing market, which ranked No. 5 on Moody 's predictions of worst declines, while the Cape Coral-Fort Myers market was No. 22 on the list, with a decline of 22.6 percent.Why did this happen? Read the Rest of the Story at:  Punta Gorda to have nations worst housing price drop   Read Also: My Marco Island Luxury Home Won't Sell-Are YOU Chasing the Market Down?
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By Luke Andreae, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
One of the highlights for Charlotte County each and every year is the lighted boat parade.  In fact, it is so popular that there are actually two different parades separated by 1-2 weeks.  For those of you who have never heard of a lighted boat parade, it is quite the spectacle and party.  In 2007, there were over 30 registered boats.  Each of these boats took the time (sometimes months) to decorate their boats with Christmas lights.  Some boats have 4 or 5 strings of lights from bow to aft.   Some have full scenes depicted by dancing and flashing lights affixed to every conceivable part of the boat.  Leaping whales, Santa flying, Palm Trees swaying and the Grinch removing his sunglasses are all scenes from past parades.  Needless to say, a boat decorated with lights depicting a scene o...
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By Luke Andreae, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
The typical scenes of snowy days and a "White Christmas" are not going to be found in Florida.  However, that does not mean that the spirit of the holidays is any way diminished.   The festive spirit is just demonstrated in different and arguably, quite unique ways.  When driving our streets during the holidays at night, it is not uncommon to see yards full of palm trees wrapped in Christmas lights.  Whole yards become an oasis of lighted Christmas palms.  Because our weather is beautiful during this time of the year, lighted boat parades and a holiday parade through downtown are both anticipated and well-attended.  It helps that the total preparation for such an event involves throwing on a pair of flip-flops and shorts.For sports fans, Christmas time in Florida brings college football...
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By Luke Andreae, Punta Gorda Real Estate
(The Andreae Group at RE/MAX Harbor Realty)
I was recently asked by a potential seller whether or not it was worth putting their home on the market since nothing was selling. I was amused by the question because what the seller really wanted to know was whether it was worth it to put their home on the market at a higher price given today's current pricing.If you watch the nightly news or read the national newspapers, you would think that our real estate market is at a dead standstill and that is just not true. Take a look at some of the numbers for closed homes in a few of our local subdivisions from May 1st through November 1 (a six-month period):Punta Gorda Isles - 57 homesBurnt Store Isles - 13 homesDeep Creek - 105 homesPirate Harbor - 4 homesBurnt Store Lakes - 9 homesHarbour Heights - 10 homesBobcat Trail - 7 homes(*These n...
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By Maria Borci, P.A., TRC, REO - Doral Pinecrest FL Real Esta
(Colfax Realty Group)
The year 2011 is going to see the retiring of  the first of the baby boomer generation those born between 1946 and 1964 they will turn 65.A lot of boomers have been retiring early - age 50- and Port  Charlotte - Florida  between other cities in the state will continue to attract more of them.One of the NAR's designation is the SRES- Seniors Real Estate - is a program that instructs realtors to ethically serve the industry and the needs of buyers 55 years and up.I was on floor time when a couple with plans to retire in Florida visit the office looking for a Senior Real Estate professional. I decided to take the course this upcoming 2008.The course consisits of two day classes with an 80% passing grade of the exam, be an active member of the NAR, and mantain an active membership in the SR...
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By Michael Glastonbury
(Deep Creek Realty)
Looking back over the last few months and reviewing my February blog, I'm somewhat gratified to say"I told you so". Back then most agents were touting a quick turn around in the local market. Mostly wishful thinking. I said back then that we were in for a long hard turn around.Since my last blog we've experienced a major credit crunch. Home prices continue to fall and the daily press is full of doom and gloom. Have I changed my position? No, not really but being something of a contrarian I do think it's an even better time to invest in southwest Florida Real Estate. The fact of the matter is that many people who were previously potential buyers are presently viewing their future as renters. What this means is that if you have the courage and fortitude to invest in investment rental inco...
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By Susan J. Penn, PA, CDPE, SFR
(BHHS FL Realty)
Some times it is good to get in your car and leave Broward and Miami-Dade to explore the other areas Florida has to offer, such as the Gulf side of florida. The place, *Pirate Harbor*, "YO HO HO,' a secret gold mine for the Florida Boater/Fisherman, who wants to live on the water, very close to the World's best Tarpon Fishing, doesn't want to worry about boating traffic, or bridges and loves the appearance of Disney World. Afterall, that is what it looked like to me! It was love at first sight! The housing was a seen from Disney with one and two story homes, manacured lawns, and georgous yachts along the canals.Pirate Harbor is it's own island of sorts, with direct access from Burnt Store Highway with 8 navigatable canals to choose from. All of the streets have pirates names such as Cap...
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By Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor
(Charles Rutenberg Realty)
This fantastic home, located in Punta Gorda's quiet section of Deep Creek has been price reduced from  $260000. to $230000. The home was totally rebuilt after Hurricane Charlie and has a beautiful Pebble Tech pool with a Cool Crete finish on the decking around the pool. The home has hurricane shutters all around it and is the perfect place to entertain. When the home was rebuilt, the owners added an in home stereo/radio/CD system. The kitchen has granite counter tops and the entire home has new appliances! This is a real must see! Give me a call to see this home!!!
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