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Real Estate | RE|MAX Nautical Realty Blog

Thursday, April 18, 2024   /   by Brooke Cole

Florida Sees Surge in Home Values

Over the past six years, the average value of homes in Florida has experienced a significant increase, doubling in value within that relatively short timeframe. This rise in home prices is particularly notable in cities like Miami and Tampa, which tied for the third-fastest price doubling among major U.S. cities.
According to a recent study by Point2, while the national median home price doubled over the course of ten years due to a combination of factors such as inflation, limited supply, and high demand, Florida experienced this doubling much more rapidly.
For instance, in Miami, the average home price surged from approximately $290,000 in 2018 to the current median of $583,000, while in Tampa, prices climbed from $213,500 to $430,000 during the same period.
Analyzing historical data, researchers found that Tampa and Miami were among the top three cities with the fastest doubling of home prices. This trend was not limited to these two cities; other major Florida cities like St. Pel ...

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Thursday, January 4, 2024   /   by Brooke Cole

Unlocking the Sunshine State: Your Trusted Partner in SWFL Real Estate

In the competitive world of real estate, finding a partner with a proven legacy and local roots is essential. At RE/MAX Nautical Realty, we bring three generations of expertise to help you navigate the SWFL market seamlessly.
Discover why our clients choose us for their real estate journey and how our commitment to honesty, loyalty, and dedication sets us apart. From exclusive deals with the Westin resort to our advanced app and white-glove service, explore the advantages of working with the most trusted name in SWFL real estate.
We blend old-school work ethic with cutting-edge technology, ensuring sellers get top dollar and buyers find their dream home at the best price.
Explore the SWFL real estate experience on our website: FindCapeCoralAreaHomes.com ...

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Wednesday, May 10, 2023   /   by Brooke Cole

More South Florida Homeowners Experiencing Increased Home Equity

This is our re-write based on an article by Amber Bonefont.
While the national housing market has slowed down, South Florida continues to witness positive gains in home values, albeit at a slower pace. According to a report by ATTOM Data, a provider of nationwide property data, approximately 65.3% of residential properties with mortgages in South Florida were classified as "equity rich" in the first quarter of this year.
To determine the number of properties building equity, researchers analyzed mortgaged residential properties in the area with varying loan-to-value ratios. To be considered "equity rich," the combined estimated loan amount could not exceed 50% of the estimated market value, indicating that homeowners possessed at least 50% equity.
The data reveals a steady increase from the previous two quarters in the tri-county area: in the fourth quarter of 2022, around 64.5% of homes were classified as equity rich, while in the third quarter of 2022, approximately 63% of homes f. ...

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Monday, April 24, 2023   /   by Abby Kurtz-Lendner

Start your Real Estate Career TODAY

The real estate industry is a dynamic and constantly evolving sector that offers a wealth of opportunities for those interested in pursuing a career in this field. Working in real estate can be both rewarding and financially lucrative, and there are several reasons why it is a smart career choice.
At RE/MAX Nautical Realty, we support our agents! We offer a workspace to meet with clients, access to office supplies, business cards, marketing materials, and our expertise!
First and foremost, the real estate industry is a critical part of the economy. People will always need a place to live, and businesses will always need space to operate. As a result, there will always be a demand for real estate professionals who can assist with buying, selling, leasing, and managing properties.
Another advantage of working in real estate is the potential for high earnings. Real estate agents and brokers earn commissions on the transactions they facilitate, which can be a substantial amount of money! ...

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Monday, April 17, 2023   /   by Abby Kurtz-Lendner

FHA Loans

If you're looking to purchase a home, one option that may be available to you is an FHA Loan. While we are not a lender, we do work with several amazing, local lenders that can help advise you on the best route for you, to determine your buying power, and break down the numbers!
FHA Loans are backed by the Federal Housing Administration and can be a great choice for first-time homebuyers or those with limited financial recourses. In this blog, we'll take a closer look at FHA loans and what you need to know before applying.
What is an FHA Loan?
An FHA loan is a mortgage that is insured by the Federal Housing Administration. The FHA is a government agency that was created in 1934 to increase homeownership in the United States. FHA loans are designed to help people with lower credit scores or limited financial resources qualify for a mortgage.
One of the benefits of an FHA loan is that it requires a lower down payment than a conventional mortgage. While conventional mortgages typicall. ...

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"The Cole Team"
Brenda Cole
1337 Cape Coral Pkwy East
Cape Coral, FL 33904
239-542-3332


The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. 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.
2024 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 Brenda Cole- "The Cole Team" / RE/MAX Realty Group 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: 5/19/2024 3:27 PM 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 Brenda Cole- "The Cole Team" / RE/MAX Realty Group 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 Brenda Cole- "The Cole Team" / RE/MAX Realty Group Data last updated 5/19/2024 3:27 PM CST.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024. 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.
mls logoĀ© 2024 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.5/19/2024 3:27 PM CST
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