Another Sunny Friday on Sanibel Island


Susan here with another Sanibel/Captiva update following our 1st full week in the office in 2019. With holiday families and visitors gone, it has been pretty quiet. Though there have been a couple of chilly windy mornings (yesterday and today), the weather has been mostly sunny to the delight of those here enjoying nature, beaches, waterways, and bike paths. On my way back to the office this afternoon, I snapped the below cellphone photos at the Fulgur Street beach access. It was a bright 71 degrees F, so clear I could see all the way to Naples along the eastern skyline. (By the way, I am wearing a jacket with sweater (& flip flops) but viewed some bikini-clad shellers on the beach.)

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The word on the street is that vacation rental bookings are off with some usually-faithful annual visitors choosing other winter destinations this year as a result of the broad summer/fall news about our water woes.

With today’s technology and recent worries about water conditions, business, and travel, I click on the U.S. Fish and Wildlife’s red tide status updates as often as I click on the Sanibel travel cams to see the easiest route home. Yesterday when some Realtor® pals in Sarasota indicated a rise in the red-tide organism there, I quickly checked again. Though a new report will be issued later today, below is their mid-week (January 9, 2019) report:

“Current Conditions – The red tide organism, Karenia brevis, persists in Southwest Florida. This past week, K. brevis was present in samples from and/or offshore of Hillsborough, Manatee, Sarasota, Charlotte, Lee, and Monroe counties, with bloom concentrations observed only in and offshore of Sarasota County. Additional details are provided below.

“Over the past week in Southwest Florida, K. brevis was observed at background concentrations offshore of Hillsborough County, very low to low concentrations in Manatee County, background to high concentrations in or offshore of Sarasota County, background to low concentrations in or offshore of Lee County, and low concentrations offshore of Monroe County.

“Fish Kills – No fish kills suspected to be related to red tide were reported this week (please see https://myfwc.com/research/saltwater/health/fish-kills-hotline).

“Respiratory Irritation – Respiratory irritation was reported over the past week in Manatee and Sarasota counties.

“Forecast – Forecasts by the USF-FWC Collaboration for Prediction of Red Tides for Pinellas to northern Monroe counties predict southwestern transport of surface waters and southeastern movement of subsurface waters over the next four days.”

Sanibel/Captiva Islands Real Estate

Sanibel realtors logoThe Realtor® Caravan Meeting yesterday at the local Association of Realtors® had the heaviest attendance in recent memory with the room full of Realtors® and Affiliates ready for a busy “season”. Plenty of new listings and price reductions were announced, but not many sales.

Knowing we are all worried about how the water issues will impact business this year, below is a summary of the closed sales posted in the local Multiple Listing Service last year and the year before compared to this year for the 3-month period Oct 11 through Jan 11. Current inventory numbers were added to illustrate number of units on the market.

Sanibel Captiva
Condos Homes Lots Total Condos Homes Lots Total
For Sale 109 228 63 400 42 39 3 126
2018/2019 18 31 2 51 2 7 0 9
2017/2018 36 34 6 76 6 3 0 9
2016/2017 29 35 10 74 7 5 0 12

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows some good news articles below. Yes, there is good news.

Governor Ron DeSantis Announces Major Water Policy Reform

desantis logoThe good news is that though it has only been days since his inauguration, Florida’s new governor already is acting on water quality. The below news release and Executive Order were posted on-line yesterday by Governor DeSantis’s office:

“Today, Governor Ron DeSantis signed Executive Order 19-12 (Achieving More Now for Florida’s Environment), implementing major reforms to ensure the protection of Florida’s environment and water quality. “Our water and natural resources are the foundation of our economy and our way of life in Florida,” said Governor Ron DeSantis. “The protection of water resources is one of the most pressing issues facing our state. That’s why today I’m taking immediate action to combat the threats which have devastated our local economies and threatened the health of our communities.”

“The order calls for:

  • $2.5 Billion over the next four years for Everglades restoration and protection of water resources (a $1 Billion increase in spending over the previous four years and the highest level of funding for restoration in Florida’s history).
  • The Establishment of a Blue-Green Algae Task Force charged with focusing on expediting progress toward reducing the adverse impacts of blue-green algae blooms now and over the next five years.
  • Instruction to the South Florida Water Management District to immediately start the next phase of the Everglades Agricultural Area Storage Reservoir Project design and ensure the U.S. Army Corps of Engineers approves the project according to schedule.
  • The Creation of the Office of Environmental Accountability and Transparency charged with organizing and directing integrated scientific research and analysis to ensure that all agency actions are aligned with key environmental priorities.
  • The Appointment of a Chief Science Officer to coordinate and prioritize scientific data, research, monitoring and analysis needs to ensure alignment with current and emerging environmental concerns most pressing to Floridians.”

Florida Governor Asks SWFL Water Management District Board Members to Resign

miami herald logoPosted on-line late-day yesterday by the “Miami Herald”.

“Florida Gov. Ron DeSantis, two days into office, discusses executive orders he signed to address the red tide issues impacting the state.

“After a whirlwind day visiting both coasts to announce sweeping measures to address the state’s environmental woes, Florida’s new governor demanded water managers overseeing efforts to fix the Everglades step down on Thursday.

“At an afternoon meeting in Stuart, Gov. Ron DeSantis said he wanted the nine-member board at the South Florida Water Management District to resign because he believed they failed to understand the toll endured by communities by repeated algae blooms triggered by dirty lake water released into coastal rivers. “I just want good people who are willing to do the right thing,” he said.

“Board members infuriated the new governor in November when they voted to extend a lease to sugar farmers two days after the election. News of the pending vote was posted the night before a district field meeting in Miami, with less than 12-hours notice. U.S. Rep. Brian Mast, R-Palm City, who headed up DeSantis’ environmental transition team, raced down to the meeting and urged board members to put off the vote to give the new governor time to review the matter. But they refused.

“ “Brian calls me at 8:30 at night and said there’s this meeting in the morning about this lease that might impact the reservoir,” DeSantis recalled Thursday. “I don’t know why it was handled that way. I think it really upset a lot of people.”

“At the time, chairman Federico Fernandez, a Miami attorney, said the board was obliged to extend the lease by the state law authorizing the reservoir. The law, passed under former Gov. Rick Scott, which also dramatically reduced the reservoir from 60,000 acres to 17,000 acres, said sugar farmer should be allowed to continue farming until it interfered with construction. The lease, which could be canceled after 20 months when the district expected design plans to be completed, allowed district crews on the site to begin prep work.

“On Jan. 7, the district began relocating about 800,000 cubic yards of rock to be used to construct the reservoir.

The district is also awaiting news from its partner on the project, the U.S. Army Corps of Engineers, about design plans. In June, the Corps issued an 86-page review raising questions and saying it needed more information before agreeing to split the $1.8 billion cost.

“Fernandez had said he did not believe the governor could remove board members before their terms expired. He declined to comment Thursday. He was scheduled to be part of a panel on restoration efforts at the annual Everglades Coalition conference this weekend in the Keys but will be replaced by a district staff member.

Board member Melanie Peterson along with district general counsel and chief of staff Brian Accardo sent letters to Scott earlier this month saying they were resigning. The nine-member board has staggered appointments. Terms for three, including Miami-Dade tomato farmer Sam Accursio, end in March.

“On Thursday, DeSantis sent letters asking for the board members’ resignations after Mast recommended it.

“We want to make sure we have everybody in the boat rowing the same way,” he said.

“In his letter, DeSantis thanked board members but said “voters spoke clearly in support of our bold vision for action.”

“DeSantis said he also plans on holding back many last-minute appointments to state positions made by Scott, a move viewed as an insult to the incoming governor.

““For all the midnight appointments that require Senate confirmation, I’m going to be pulling them back,” he said. “Some of the people in that batch are people I know and respect and you may see me reappoint them … but we’re going to be pulling them all back.”

“Scott said Thursday in Washington that he did not take the move personally. “Every governor has the opportunity to make their own decisions. I’m proud of what we got accomplished. I’m glad that Gov. DeSantis cares about water issues. He’s walking into a totally different situation than I was” when Florida was in the midst of recession. “Governors have the right to make appointments. That’s what they ought to do,” he said. “They ought to find who they believe are the best people.””

(Tampa Bay Times staff writer Steve Contorno contributed to this report.)

You Can Sell an Inherited Property in Probate – But Do It Right

Sun sentinelIn real estate sales, we often run into situations where a family heir wants to sell a property. Good info about this was posted on-line Monday on Florida Realtors®. The author is Gary M. Singer, the article came from the “Sun Sentinel” (Fort Lauderdale, FL). Mr. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. Here’s the question posed and his answer.

“Question: I inherited two lots in Florida from my mother who recently died. Her estate was probated in South Carolina, and she left everything to me. The Florida tax bills still show the property is in her estate. How do I transfer the lots to my name? – Barbara

“Answer: To answer your question I need to review the concept of jurisdiction. A court’s jurisdiction refers to its power to make and enforce legal decisions and judgments. For a court’s decision to be binding, it must have jurisdiction over either the person who is being affected, known as “in personam,” or over the property being ruled on, known as “in rem.”

“The South Carolina probate court had jurisdiction over your mother’s estate because she had her primary residence there. It could probate her assets, such as bank accounts, jewelry, and even her South Carolina home to you because it had the jurisdiction to do so.

“However, only the court in the state where real estate is located has power over that property. This means that the South Carolina court could not do anything with the Florida lots because it lacked “in rem” jurisdiction.

You will need to open a secondary probate, called “ancillary probate,” in the county where the lots are located.

“This probate will deal only with the Florida lots and will be much easier and less expensive than the full probate administration you already had to do.

To ensure that you do not create the same issue for your heirs, you should look into estate planning methods such as titling the property in a life estate or by forming a living trust to avoid the need to probate any out-of-state properties.

Sanibel & Captiva Islands Multiple Listing Service sancap GO MLS logoActivity Jan 4-11, 2019

Sanibel

CONDOS

8 new listings: Tennisplace #D33 1/1 $237.5K, Island Beach Club #P1A 2/2 $649K, Lighthouse Point #111 2/2 $649K, Lighthouse Point #128 3/2 $699K (our listing) (photo below from master bedroom), Sand Pointe #132 2/2 $724.9K, Bayview Village #2A 3/3 $749K, Heron at The Sanctuary II #2B 3/3.5 $797K, Sundial #E205 2/2 $1.395M.

Master View.jpg

6 price changes: Tennisplace #C23 2/1.5 now $319K, Sundial #H209 1/1 now $535K, Snug Harbor #312 3/2 now $668K, Pointe Santo D32 2/2 now $739K, Island Beach Club #310A 2/2 now $749K, Island Beach Club #210B 2/2 now $775K.

2 new sales: Loggerhead Cay #143 2/2 listed at $799K, Shorewood #3C 3/2 listed at $1.449M.

1 closed sale: Sand Pointe #117 2/2 $787K.

HOMES

8 new listings: 993 Fish Crow Rd 3/3 $699.9K, 1212 Sand Caste Rd 3/2 $749K, 566 Boulder Dr 3/2/2 $799K, 760 Cardium St 3/2 $895K, 955 S.Yachtsman Dr 3/2 $895K, 1230 Par View Dr 4/2.5 $1.095M, 1243 Sand Castle Rd 4/4 $1.15M, 466 Sea Oats Dr 4/4 $1.395M.

11 price changes: 984 Black Skimmer Way 3/2 now $565K, 5260 Caloosa End Ln 3/2 now $597K, 1973 Wild Lime Dr 4/3 now $699K, 3017 Turtle Gait Ln 3/2 now $699K, 1677 Sabal Sands Rd 3/2 now $795K, 697 Birdie View Pt 3/2 now $799K, 6123 Starling Way 3/2.5 now $999K, 1307 Par View Dr 3/3 now $1.05M, 1126 Harbour Cottage Ct 3/2 now $1.169M, 1248 Par View Dr 4/4.5 now $1.299M, 1133 Golden Olive Ct 3/3.5 now $2.432M.

4 new sales: 998 Fish Crow Rd 3/2 listed at $550K, 5280 Ladyfinger Lake Rd 3/2 listed at $789K, 3136 Twin Lakes Ln 3/2 listed at $899K, 243 Daniel Dr 4/3.5 listed at $1.394M.

3 closed sales: 498 Surf Sound Ct 3/3 $840K, 542 N.Yachtsman Dr 2/2 $920K, 6412 Pine Ave 3/2.5 $1M.

LOTS

No new listings.

4 price changes: 4565 Bowen Bayou Rd now $189.9K, 6411 Pine Ave now $358K, 5251 Punta Caloosa Ct now $550K, 1226 Isabel Dr now $1.495M.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5303 3/3 $649K.

No price changes, new, or closed sales.

HOMES

1 new listing: 14980 Binder Dr 4/4 $2.795M.

4 price changes: 55 Sandpiper Ct 3/2 now $949K, 15133 Captiva Dr 3/3 now $3.125M, 16531 Captiva Dr 8/8 now $3.8M, 16814 Captiva Dr 2/2.5 now $4.9M.

No new or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, enjoy your weekend.

Wishing you wonderful sunny weather, too!

From sunrises to sunsets!

Susan Andrews aka SanibelSusan

sanibel-island-sunset

 

1st Weekend of 2019… Sanibel Shelling Still Amazing


As the new year begins, island roadways and bike paths continue to be busy – a noticeable increase from before Christmas with plenty of holiday visitors here enjoying the warm temperatures and sunshine. Temperatures got up into the mid 80’s on Wednesday, but that is expected to change a little when a mini-cool front arrives tomorrow dropping nighttime temps into the 50’s. After that, sunny but low-70-degree days may be the norm for the foreseeable future.

If you follow Sanibel Shell Seekers on Facebook, you likely have seen that the number and sizes of the shells found since the storms pre-Christmas are phenomenal. Here are a couple of their pix posted there: lightening whelks by Michael Gillmore and sharks eyes by Marci Canty. Aren’t the colors amazing!

michael gillmore sanibel shell seekersmarci canty sanibel shell seekers

Those here, please remember, that “in season”, it’s smart to plan travel around the heavier traffic coming on-island in the morning and off-island late afternoon.

Also, in typical winter fashion, as soon as condo listings are occupied, we get showing requests. It’s always challenging to sell properties that are in rental programs where the property managers do not allow showings during guest stays. That’s when encouraging Realtors® to walk the complex, point out the location/view, and professional photography/colored fliers become more important. Serious buyers understand. This week, we were fortunate when a cooperative owner guest allowed several showings. At another property, where a long-term guest had just arrived, we weren’t as lucky.

Wondering if the islands have any sales action here during the short New Year’s week? The Sanibel & Captiva Islands Multiple Listing Service activity since last Friday is after a few news items below.

Annual Meetings, Fee Changes, & More

Sanibel realtors logoMany Southwest Florida condominium and homeowner associations hold their annual meetings in the winter when more owners are in town. We work hard to keep info about our listings up-to-date. Local Realtors® and our Sanibel & Captiva Islands Association of Realtors® are smart about sharing any new info about planned projects, changes in fees or special assessments, or even talk about upcoming maintenance events.

At yesterday morning’s Realtor® Caravan Meeting, a colleague announced that the City has approved Sandy Bend condominium putting in a swimming pool. Sharing info like this is an important part of making sure that everyone involved in a transaction knows what is happening at the property.

2019 Economic Outlook: Mostly Strong

gulfshore business logoFrom December 2018 issue of “Gulfshore Business” magazine:

“Local experts forecast how our key business sectors will fare next year.

“Southwest Florida has been bombarded with a lot of unwanted “color” in 2018 – red tide, blue-green algae, citrus greening. The question for 2019: Will our economy be in the red or in the black?

“”Gulfshore Business” gathered data from economists and industry experts who forecast the health of our local markets for real estate, tourism, agriculture, finance and health care for the new year.

“It looks to shape up like another good year for Florida,” says Jerry Parrish, chief economist and director of research at the Florida Chamber Foundation. “Over the past five years, Florida produced one out of 11 new jobs in the U.S.”

“Parrish says the probability of a recession over the next nine months, barring a “black swan” unexpected event, is very low. “People are moving here, taking jobs, building homes, buying because there’s opportunity,” he says. “I see that continuing for next year. Even if the economy softens a little bit, Florida’s still going to be strong.”

“The Southwest Florida region tends to overheat during boom periods and overcorrect during busts, says Chris Westley, director of the Regional Economic Research Institute and professor of economics at the Lutgert College of Business at Florida Gulf Coast University.

“Gross domestic product data show the region’s economic activity bounced back from the 2008 recession in 2014 and remained strong until 2017 (the most recent numbers available). “Then it began to slow down considerably,” Westley says, noting overall GDP for Collier County in 2017 was 1.2%, the first time it dipped below 3% in five years. Lee County was at 1.5%.

“Westley blames the decline on the slow growth of construction. “A lot of that is explained by Hurricane Irma. A lot of construction projects were put on hold,” he says. But construction employment rebounded in September 2018, increasing year over year in Collier County by 27.5% and in Lee County by 20%.

“”As long as the expansion continues, we can expect our region to exceed the state, and the state to exceed the country,” he says. However, Westley says many economists – who weren’t prepared for 2008 – believe a correction will happen in 2020. “If the economy continues to expand through next summer, we will be in the longest expansion in U.S. history. But, it’s been a pretty weak expansion. It’s possible that weak expansions last long. It’s possible we could fall into a recession next year or in 2021. It’s going to turn on a dime.”

“Real Estate and Development

ls-logo“Randy Thibaut, CEO of Land Solutions in Fort Myers, says we are not in a depression or in a recession. “We think we’re in a market correction and expect that to continue into 2020,” he says.

“He says factors that led to the market crash in 2008 are not happening today, such as runaway speculation and financing, and overbuilding of single-family homes. Although, he says, the potential does exist for overbuilding of assisted living and apartment construction.

“Thibaut says the combination of rising interest rates, prices becoming too expensive for most homebuyers, tariffs increasing the cost of building new homes, and increasing government fees all equate to a softening of the market.

“Interest rates are expected to rise to 5.8 or 6% by 2020. “In and of itself, 6 to 8% interest rates are not a scary thing,” he says. However, for every 1% the interest rate goes up, buyers average $20,000 less in borrowing power. That makes it more difficult for 1st time homebuyers to find affordable homes, with prices already higher in response to increases in labor, materials, concrete and land over the past five years. Now, he says, tack on an expected extra $9,000 per new home because of new tariffs on imported materials.

“Westley says many homebuyers in Southwest Florida have been saving up equity for 30 years and don’t need to take out a mortgage. Parrish says most international buyers are cash buyers as well. “They’re less sensitive to the interest rate, but sensitive to the U.S. dollar,” he says. “As they raise interest rates, the U.S. dollar will get stronger, too.”

“Thibaut says over the next several years, a great deal of building materials and labor will be redirected to northern Florida to assist with rebuilding after this year’s Hurricane Michael. “We’re mostly recovered from Hurricane Irma, but there are still signs of people waiting for roofs to be replaced,” he says. “It’s definitely added greatly to our labor shortage and cost of materials.”

“Despite all of that, Thibaut sees a stable market. “We have a tone of new millennial buyers and a stable stream of baby boomers continuing to make purchases in Southwest Florida,” he says. “They’re just a little more value-conscious than they were before.”

“Parrish says a greater number of people from high-tax states in the Northeast are moving to Florida, and even more are inquiring about housing and business relocation. He says rising interest rates are spurring some buyers to speed up their purchases, not delay them. “People with the means are moving to Florida,” he says. “We are going to see a big population bump.”

Tourism and Hospitality

sancap-logo-ylw-200px-1“John Lai, president and CEO of the Sanibel-Captiva Chamber of Commerce, says 2018 started off with record growth, but there was no playbook to prepare the region for the impact of red tide and blue-green algae.

“He says it led to a disastrous third quarter that was expected to rebound in the fourth quarter. “We were dealt an ecological disaster we weren’t expecting,” Lai says.

“Lee County bed tax collections were down 16.4% in August 2018 over last year. “That equates to $5.66 million,” Lai says. “Collier and Pinellas were both up. (Visitors) checked out and went to one of our competing drive markets.”

Jack Wert, executive director of the Naples, Marco Islands, Everglades Convention and Visitors Bureau, says red tide exposure in Collier County was limited to the northern beaches. “Most water-related tour companies felt declines in business, but not necessarily the hotels,” he says.

“Wert says 2018’s water quality issue is causing them to take a conservative outlook for 2019, expecting a 2% increase in visits. “We need to reassure people it’s OK to come,” he says.

“Group meeting reservations for the first three months of 2019 are already on pace in Collier County. “It’s a positive outlook,” Wert says. “Meeting planners are booking business, and we’re anticipating the leisure market will still be strong.”

Lai says the first quarter of 2019 in Lee County is expected to meet or exceed early 2018’s pace as well. He is hopeful that 2019’s weather will be helpful because of El Nino, which is expected to bring much wetter and colder weather to the Northeast. “We are seeing that travelers are very forgiving, and memories of disasters both manmade and ecological are staring to shorten,” he says. “We’re optimistic that 2019 will be the year that 2018 was shaping up to be.”

“The focus on Southwest Florida tourism isn’t just on the beaches. Wert says about eight hotels are in various stages of planning for inland Collier County, with two expected to open in 2019 in East Naples near the new Collier County Sports Complex. That facility will open its first phase in December 2019 for amateur sports tournaments. “Sports tourism will continue to grow,” Wert says. “That is driving some of that hotel development.”

“Lai echoes that sentiment, noting three new inland hotels will be opening in Lee County in 2019. “The demand is so strong,” he says, expecting amateur sports tournaments to continue boasting the local economy during the off-season. “Amateur sports have taken a leading role. I expect that to continue to grow in 2019.”

“The international market is also expected to be strong in 2019, despite a strengthening U.S. dollar that makes their travel more expensive. Wert says Canadian visits likely will be down, but strong demand from the U.K. and Germany persists. “A Collier County advantage is that most of our travels are upscale,” he says. “Fluctuations in the exchange rates don’t seem to affect their travel.”

While tourism focuses on out-of-town visitors, hospitality takes into account locals who partake in the area’s shopping, dining and entertainment. “Incomes are growing at near the rate before the last recession,” Parish says. “The outlook for hospitality is stronger than for tourism in general.”…”.

How To Prepare For a Home Inspection

Florida Realtors logoFrom the November/December 2018 issue of “FloridaRealtor®”

  • “If home is empty, leave utilities on and pilot lights lit.
  • Make sure electrical sockets, light fixtures, switches, and fans work.
  • Confirm smoke and carbon monoxide detectors operate.
  • Check that faucets and toilets run properly and don’t leak.
  • Clean stove and oven so they won’t smoke and set off alarm when tested.
  • Verify doors and windows open and close and all hardware works.
  • Clear obstructions around furnace (HVAC equipment), water heaters and attic access.
  • Leave keys for outbuildings and exterior electrical boxes.
  • Remove brush and debris from exterior inspection points.
  • Gather documentation for renovations or repairs that have been made.
  • Provide sketch showing location of septic tank and week.
  • Remove or crate pets.
  • Plan to be away for three hours minimum.
  • Consider having home pre-inspected so you can fix problems before the official inspection.”

What Buyers Should Ask After a Home Inspection

realtor logoI’ve been saving this article from “Realtor®” magazine of October 9, 2018. It seems appropriate now, after the above article.

“After an inspector has finished a home report, buyers may feel overwhelmed by any flaws that might have been found. That’s why it’s important they take the opportunity to learn more so that they can move forward confidently in the transaction.

“A recent article at realtor.com® recommends home buyers ask their inspector clarifying questions like: “I don’t understand this; what does it mean?” or “Is this a major or minor problem?” and “Do I need to call in another expert for a follow-up?”

“Home inspectors are bound to uncover something in a home; no home is perfect. But the majority of the problems they uncover will likely be minor. Have the home inspector clarify which problems fall within the “minor” or “major” categories.

“Keep in mind: “The inspector can’t tell you, ‘Make sure the seller pays for this,’ so be sure you understand what needs to be done,” Frank Lesh, executive director of the American Society of Home Inspectors, told realtor.com®.

“If the inspector identifies a potentially major problem, consumers will want to follow up whether they should call an additional expert in to investigate further. For example, consumers may need to bring in an electrician to take a closer look at potential electrical issues that were flagged or a roofer if a roofing problem is suspected. Those specialists can then give an idea of the cost to fix it, which the real estate agent can take to the seller to request a concession, if the seller doesn’t want to fix it prior to the sale.

“Also, Lesh says that the list of items a home inspector identifies are issues the new buyer may need to address as soon as they move in. He says it’s like a “to-do list” for those items that did not get repaired by the seller prior to the sale.”

Weather Changes Due to El Nino

island-water-logoInteresting forecast in the Winter 2018 issue of “IWA Pipeline”: “As noted in the fall Pipeline, Southwest Florida is likely to experience an El Nino winter in 2019. The National Oceanic and Atmospheric Administration (NOAA) is forecasting a 70-75% chance of El Nino conditions this winter. El Nino is predicted to materialize in late December or early January.

“El Nino is a warming of surface water temperatures in the tropical Pacific Ocean. That warming changes where the thunderstorms form in the Pacific so that the jet stream goes over Florida instead of north of Florida. An El Nino winter typically means a wetter and lightly cooler winter for Southwest Florida. NOAA is predicting above average rainfall between now and May 2019. Many Sanibel and Captiva residents remember the last El Nino winter in 2015-16 that brought record rainfall and caused our rivers to be inundated with freshwater. Ecological damage with blue-green algae blooms followed. The predictions for this El Nino are not as severe as 2015-16, but the need for landscaping irrigation should be decreased in the upcoming winter months.

“Now is the time to check your rain sensor to make sure it has been installed correctly and that it is working. If you don’t have a rain sensor tied to your irrigation system, by Florida law, you are required to have one installed if you have an automatic irrigation system. Having a properly working rain sensor should save you money during the usually dry winter months if, in fact, we experience an El Nino winter in Southwest Florida.”

Sanibel & Captiva Islands Multiple Listing Service sancap GO MLS logoActivity Dec 28, 2018 – Jan 4, 2019

Sanibel

CONDOS

3 new listings: Sundial #I103 1/1 $489K, Loggerhead Cay #562 2/2 $595K, Kings Crown #112 2/2 $699K.

6 price changes: Sundial #G206 1/1 now $464.9K, White Caps South #5 1/1 now $499.9K, Snug Harbor #312 3/2 now $668K, Signal Inn #3 2/1.5 now $695K, Island Beach Club #210B 2/2 now $784.9K, White Sands #13 2/2 now $919K.

3 new sales: Coquina Beach #3C 2/2 listed at $449K, Sundial #G206 1/1 listed at $464.9K, Island Beach Club #320F 2/2 listed at $699K.

2 closed sales: Blind Pass #C201 2/2 $430K, Sundial #T301 2/2 $700K.

HOMES

9 new listings: 724 Rabbit Rd 2/2 $645K; 678 Durion Ct 3/2 $799K, 257 Daniel Dr 3/2 $815K; 1752 Jewel Box Dr 2/2 $994K; 932 Whelk Dr 3/3 $1.295M; 982 Whelk Dr 3/2.5 $1.325M; 1136 Golden Olive Ct 4/4.5 $2.795M; 550 Lighthouse Way 3/4.5 $2,999,999; 1253 Anhinga Ln 4/4 $3.795M.

5 price changes: 974 Sand Castle Rd 3/3 half-duplex now $519K, 1018 Demere Ln 4/2 now $674K, 1244 Par View Dr 4/3 now $995K, 1349 Eagle Run Dr 3/2.5 now $1.085M, 742 Sand Dollar Dr 2/3 now $1.089M.

2 new sales: 849 Beach Rd 4/4 duplex listed at $595K, 931 Snowberry Ln 4/4 listed at $1.35M.

No closed sales.

LOTS

2 new listings: 5321 Punta Caloosa Ct $377,555; 3869 West Gulf Dr $3.895M.

1 price change: 602 Boulder Dr now $439K.

No new or closed sales.

Captiva

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

2018-06-13Until next Friday, enjoy your first weekend in 2019.

(Pix above of view from West Wind’s pool bar, which also serves chow from their Normandie Seaside Café. Open to the public too.)

Susan Andrews, aka SanibelSusan

It’s a Seashell Kinda Christmas! Merry! Merry!


Before embarking on today’s weather report, here is a little shell art. The gingerbread man was in front of Coquina Beach condos earlier this week. Probably washed away by now. The others from past years, but fitting for the holiday season.

sanibel shell art 2 12-18-18.jpg

As The SanibelSusan Team counts down to the Christmas holiday and hopefully more real estate action, it has been interesting to have a winter storm pass through Florida. I liken it to a northern snowstorm, but without the white stuff and the cold. With westerly winds blowing on shore off the gulf beginning about noon yesterday, early flooding was reported at The Castaways cottages (the Santiva area) as I read email warnings from my local landscaper and the City, about the expected high wind, waves, erosion, and possible tornadoes in the forecast – all of this while the air conditioning still on at the office.

Santa looking for junoniaToday temperatures haven’t gotten out of the 70’s. The rain has become sporadic, but the heavy wind continues with palms down and debris reported in some beachside locations. Social media has shown videos of gulf waters crashing through some beach access paths along West Gulf Dr. I hope it is rolling in junonias.

Teammate Elise just saw it posted that electricity is out in Naples and the Sunshine Skyway Bridge over Tampa Bay is closed (following reported 78 mph winds). Yikes!

SanibelSusan Realty

With the team off on extended holiday both Monday and Tuesday, Elise today is busy printing extra fliers and checking listing occupancies so we are ready for arriving visitors looking to make a last minute Christmas real estate purchase.

santa kiting 2015Teammate Dave, on the other hand, has already scooted out and is busy networking with his kiteboarding buddies on the causeway, I expect we’ll see them on the evening news later, as wind like today hasn’t happened here in a very long time.

Teammate Lisa will be in the office tomorrow, while I am covering Sunday and Monday. As I make showing appointments for next Wednesday morning, it seems that many island offices will be closed for the long weekend. Here’s wishing them all and you a very Merry Christmas!

Below are a couple of news items before the action posted in the Sanibel & Captiva Multiple Listing Service since last Friday.

Real Estate in a Digital Age

Having been involved in the islands’ transition of real estate listing info from the old 3”x5” index cards, to listing books, and then to the internet, it was fun to participate in the task force that just picked a new MLS provider for our Association of Realtors®. Technology changes always take time and training, so won’t be occurring until after “season”, later in 2019. Since the details about our new provider haven’t been issued to our members yet, suffice it to say that the new features and capabilities of what is coming will blow the socks off anything you have seen or used before. Users both consumers and Realtors® will be “wowed”. With that in mind, an email today from the National Association of Realtors® with the below article, seemed timely:

“The world we live in today is a digital one and searching for a home is no different. Buyers now have apps that let them search by location and neighborhoods. Online searching maximizes the ability to compare and contrast homes on the market by selected features. Most of this is done before a potential home buyer connects with a real estate agent.

“In the Real Estate in a Digital Age report, we examine the process home buyers go through in the initial online search and how REALTORS® are connecting with customers in the digital space.

“In 2018, buyers worked with an agent 87% of the time to find their home, so trust in a REALTOR® is still king. While the initial process may start online, home buyers turn to the advice from a trusted real estate agent.

In addition to the home buying process, REALTORS® also utilize technology in their everyday business practices. Staying up to date with new technology is important, but also cited as one of the biggest challenges for firms in the next two years.

“Over 90% of real estate firms have websites, and the most common feature on their websites were property listings.

“Along with web use, REALTORS® are also using their mobile devices for a multitude of different activities, with the primary being to communicate with their clients.”

Condo Boards Don’t Always Understand Florida Law

This below article posted on-line Dec 17 by Florida Realtors® has a few disclosures, but also contains some interesting information. Here is the article in total:

“By Richard D. DeBoest

“Dec. 17, 2018 – Question: I am an owner in a condominium. I have made a request to see the individual unit owner assessment ledgers for owners who are delinquent in the payment of assessments. The board has denied my request and they claim I am not allowed to see this information. Is this true? – J.B., Hutchinson Island

Answer: No, it is not true. You are legally entitled to this information. The individual assessment ledgers of all owners are official records of the association. Both Statutes 718 (Condominium Associations) and 720 (Homeowner Associations) provide that most official records of the association must be made available for inspection and copying within 10 working days of a written request.

There are certain official records that are not allowed to be given to owners. These records include medical records, credit card numbers, bank account numbers and social security numbers, but there is no exception for individual owner assessment ledgers. If an association intentionally fails to provide access to the records within the time provided, the owner is entitled to $50 a day up to $500 a penalty.

“Question: I wanted to organize a “meet the candidates” night in our condominium clubhouse for local political candidates in the area. When I talked to the board about this, I was told this is illegal because the association common elements cannot be used for political purposes. Is this true? – S.F., Vero Beach

“Answer: No, it is not true. Section 718.123, Florida Statutes expressly provides that “no entity or entities shall unreasonably restrict any unit owner’s right to peaceably assemble or right to invite public officers or candidates for public office to appear and speak in the common elements, common areas and recreational facilities.” If the board violates this law, you could sue the association to enforce your rights.

“Question: If the association sends information out to owners via e-mail, am I entitled to copies of the other owners’ e-mail addresses? Also, can I refuse to receive information via e-mail and, if I do, does the association have to send the information to me in the traditional way? – K.J., Palm City

“Answer: An association’s use of e-mail to communicate with homeowners is common, but very often the use of electronic transmission is not done in accordance with the law.

“First, and foremost, it is important to understand that while both the Florida Condominium Act (Chapter 718 Florida Statutes) and the Homeowners Association Act (Chapter 720 Florida Statutes) allow associations to send official communication to the owners via electronic transmission, it may only do so if the owner chooses to receive official communications electronically.

“Second, if some owners elect electronic transmission and some do not, the association must send official communication in two different forms. Thus, it becomes cumbersome to keep track of each owner’s preference.

Most associations use e-mail for “casual” communication about the goings on of the association but still use regular mail for things with legal implications such as notice of meetings, election ballots, notice of covenant violations, warning letters and the like. This, however, presents another problem when dealing with an official records request made by an owner.

“All e-mail addresses kept by the association are official records BUT only the e-mail addresses kept for those owners who have chosen e-mail as their official form of communication are available to other owners who make an official records request. All other e-mail addresses are not to be made available to owners who make official records requests. As such, if the association keeps e-mail addresses in the official records, it must segregate the e-mail addresses between those persons who have chosen e-mail as the official form of communication and those that have not.

“Finally, if the association does use e-mail for “un-official” casual communication with the owners, I believe an owner who does not have or use e-mail could complain that he or she is being treated differently and unfairly. Although I know of no condominium arbitration cases or other rulings on this issue, I suspect that a court or an arbitrator would rule in favor of the unit owner on this issue.

“The bottom line is that for all official communication and communication that has legal significance, the association should use the traditional U.S. mail. For lesser items, e-mail and posting on the association’s website is, for now, acceptable.

“Richard D. DeBoest II, Esq., is co-founder and shareholder of the Law firm Goede, Adamczyk, DeBoest & Cross, PLLC. The information provided herein is for informational purposes only and should not be construed as legal advice.

“The publication of this article does not create an attorney-client relationship between the reader and Goede, Adamczyk, DeBoest & Cross, PLLC or any of our attorneys. Readers should not act or refrain from acting based upon the information contained in this article without first contacting an attorney, if you have questions about any of the issues raised herein. The hiring of an attorney is a decision that should not be based solely on advertisements or this column.

“Editor’s note: Attorneys at Goede, Adamczyk, DeBoest & Cross, PLLC., respond to questions about Florida community association law. The firm represents community associations throughout Florida and focuses on condominium and homeowner association law, real estate law, litigation, estate planning and business law.

© 2018 Journal Media Group, Richard D. DeBoest”

Christmas Dining on The Islands

It’s getting pretty last minute, but visitors continue to ask what island restaurants are open on Christmas. Here’s a short list, but please call to be sure there is room for you if you don’t already have a reservation:

  • Bubble Room
  • Captiva House (in Wakefield Room) (buffet 11:30 a.m. to 8: p.m.)
  • Crow’s Nest at Tween Waters
  • Doc Ford’s Captiva (11 a.m. to 9 p.m.)
  • Island Cow (7 a.m. to 8 p.m.)
  • Island Pizza ( 11 a.m. to 9 p.m.)
  • Keylime Bistro (8 a.m. to 10 p.m.
  • Normandie at West Wind Inn (8 a.m. to 2:30 p.m. & 4:30 to 7 p.m.)
  • R C Otters (10 a.m. to 8 p.m.)
  • Sand Dollar at Sanibel Island Beach Resort (7 to 11 a.m. breakfast buffet, 5 to 9 p.m. dinner)
  • Sanibel Café (7 a.m. to 2 p.m.)
  • Sanibel Grill (4 to 11 p.m.)
  • Sea Breeze Café at Sundial (7 to 11 a.m., buffet dinner seatings at 1 p.m., 3 p.m., 5 p.m., & 7 p.m.
  • Thistle Lodge (holiday buffet 11 a.m. to 7 p.m.)
  • Timbers (4 to 8 p.m.)
  • Traditions

For quick eats, the following also will be open on Christmas:

  • Dairy Queen
  • Gepetto’s (2 to 9 p.m.)
  • Huxter’s Market & Deli
  • Joey’s Custart (5 to 9 p.m.)
  • Pinocchio’s (8 a.m. to 10 p.m.
  • Sanibel Sprout (11 a.m. to 7 p.m.)

Sanibel & Captiva Islands Multiple Listing Service Activity Dec 14-21, 2018sancap GO MLS logo

Sanibel

CONDOS

10 new listings: Sundial #F206 1/1 $429K, Blind Pass #D205 2/2 $490K, Sundial #B407 1/1 $529K, Lighthouse Point #229 3/2 $719K, Loggerhead Cay #192 2/2 $799K, Shell Island Beach Club #7C 2/2 $825K, Surfside 12 #A3 3/2 $829K, Sundial #K103 2/2 $935K, Clam Shell #E 3/2.5 $949K, Wedgewood #305 3/3.5 $1.695M.

2 price changes: Island Beach Club #320F 2/2 now $825K, Pointe Santo #C43 3/2 now $1.035M (our listing, view below).

Roof Deck View a

1 new sale: Sundial #H309 1/1 listed at $455K.

2 closed sales: Blind Pass #C102 2/2 $455K, Shell Island Beach Club #5D 2/2 $760K.

HOMES

11 new listings: 6447 Pine Ave 3/2.5 $625K, 945 S.Yachtsman Dr 2/2 $649K, 5256 Punta Caloosa Ct 3/2 $695K, 1217 Par View Dr 3/3 $779K, 702 Durion Ct 3/2 $849.9K, 9094 Mockingbird Ln 4/3.5 $945K, 569 Lighthouse Way 3/2 $1.295M, 4166 Dingman Dr 4/4 $2.495M, 5145 Joewood Dr 5/4.5 $2.997M, 1238 Isabel Dr 4/4.5 $3.495M (our listing, views below), 4355 West Gulf Dr 4/4.5 $6.395M.

SA 12-6-18 toward Pine IslandSA 12-6-18 toward causeway

 

11 price changes: 1304 Sand Castle Rd 3/2 now $552K, 659 Donax St 2/2 now $585K, 5260 Caloosa End Ln 3/2 now $647K, 721 Cardium St 3/2 now $795K, 3941 Coquina Dr 3/2 now $879K, 205 Hurricane Ln 3/2 now $1.089M, 5842 Pine Tree Dr 3/2 now $1.149M, 2984 Wulfert Rd 3/4 now $1.25M, 243 Daniel Dr 4/3.5 now $1.394M, 532 Sea Oats Dr 4/4 now $1.575M, 1206 Bay Dr 4/4.5 now $3.499M.

5 new sales: 568 Sea Oats Dr 3/2.5 listed at $749K, 1433 Sanderling Cir 3/3 listed at $1.089M, 1426 Causey Ct 3/2.5 listed at $1.099M, 6412 Pine Ave listed at $1.175M, 4689 Rue Belle Mer 5/6.5 listed at $6.995M.

4 closed sales: 1190 Sand Castle Rd 3/2 $558K, 1304 Eagle Run Dr 3/3 $1.025M, 1150 Seagrape Ln 3/2 $1.22M, 3790 West Gulf Dr 3/2.5 $1.5M.

LOTS

3 new listings: 2319 Wulfert Rd $199K, 3013 Poinciana Cir $249K, 1219 Par View Dr $374.9K.

2 price changes: 2307 Wulfert Rd now $199K, 5170 Sea Bell Rd now $324.9K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Captiva Shores #8B 3/2.5 now $1.398M.

No new or closed sales.

HOMES

2 new listings: 11555 Wightman Ln 3/2 $3.849M, 16405 Captiva Dr 8/7/2 $6.2M.

3 price changes: 41 Oster Ct 2/2.5 now $1.028, 16825 Captiva Dr 3/2.5 now $2.695M, 1124 Longifolia Ct 4/5 now $3.9M.

No new or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Merry Christmas from Sanibel Islands!

Until next Friday, Susan Andrews, aka SanibelSusan

P.S. I sold a house once on Christmas Day & would love it do it again, just please make it after brunch. I’ve got the family coming for that! Enjoy your holiday!

Christmas Lighthouse cropped

Sanibel lighthouse 2018

Counting Down to Christmas Island-Style


It’s SanibelSusan reporting that it has been another fun week on sunny, though at times chilly, Sanibel and Captiva Islands. This is the time of the year when it’s always fun to see what folks are wearing. When the temperatures dip down into the 50’s and 60’s at night, locals are happy the next morning to dig out their rarely-used jackets, sweaters, shawls, scarves, and boots, while vacationing visitors in tank tops, shorts, and flip flops also are smiling broadly. It’s easy to pick out the tourists! This afternoon, it’s a breezy 77 degrees!

Luminary 2018 bannerThe many palm trees festooned with twinkling lights add to the holiday happiness too. This year, the City expanded their tunnel of lights along the bike path across the street from SanibelSusan Realty. Adding a bench seat and 2018 Luminary sign has made it a popular photo op spot. It’s really festive and quite striking to stroll through after dark.

Sanibel & Captiva Islands Association of Realtors®

Yesterday, was the local Association of Realtors® monthly membership breakfast – a little earlier than usual thanks to the holidays. Our Association’s Administrative Assistant, Megan Rose, posted some outstanding sunset pix this week. She said I could borrow some to post here. (I hope you enjoy them too. Thanks, Megan.)

Causeway sunset dec 2018 2causeway sunset dec 2018

What’s Happening At CROW

crow-logoThe speaker was Dr. Heather W. Barron, DVM, Medical & Research Director at CROW (The Clinic for the Rehabilitation of Wildlife). CROW is a teaching hospital and visitor education center dedicated to saving wildlife through veterinary care, research, education and conservation medicine. Each year, CROW cares for thousands of wildlife patients including hundreds of species of sick, injured and orphaned wildlife in its veterinary hospital, which is one of the nation’s leading rehabilitation facilities for native and migratory wildlife. They also offer educational fellowships and externship programs for undergraduate students, and internship programs for veterinarian graduates.

As you can probably imagine, this has been an unusually busy year for CROW. We are so lucky to have them here, educating us and visitors, as well as taking care of wildlife and supporting conservation and research. Here is one thing that Dr. Heather mentioned that really stuck in my mind. We all need to do our part, because “there is no Planet “B”.”

Bear in mind that CROW has been around since the late 60’s and Dr. Heather is a no-nonsense mother of three who has worked practicing and teaching wildlife medicine for over 20 years. She is a board-certified avian specialist and a licensed wildlife and sea turtle rehabilitator, and she tells it like it is. Some other tidbits:

Animal population around the world, the U.S. and Florida is changing. “Pythons have been documented as close as Estero.” Research also shows that there probably are somewhere between “35 and 60 coyotes on the island.” They don’t always stay here, but probably swim back and forth from the mainland and Pine Island.

Iguana population also is up here, as is that of the marsh bunnies. Most of us like the cute little bunnies, but Dr. Heather said that probably means that next year the population of hawks and other animals that prey on rabbits will be up.

She also said, “Personally, I wouldn’t eat any local seafood.” Though Sanibel is one of the most pro-environment conservation-conscious communities in the country – being downstream of areas that are not, really hurts us. The long-lasting effects of red tide and blue-green algae are just now being evaluated. We cannot depend on local, state, or federal governments or health departments to advise us of what they don’t know. We all need to be part of the solutions!

Caravan

Following the speaker, in typical December fashion, the Caravan property announcements included plenty of new listings and some price reductions. The details on those (or the action posted in the Sanibel & Captiva Multiple Listing Service this week) follow a couple of news items below. I probably don’t need to share that we all groaned when not a single new sale was announced. We know it’s the holidays, but it’s always positive news when we hear of colleagues’ successes.

Our new listing at 1050 White Ibis Dr (photos below) was one of the 15 properties that was open for viewing after the Caravan meeting. My teammates took inventory while there then. We want to be ready when the right buyer comes along.

SanibelSusan Realty Associates

Thank goodness, we are a flexible team. With seven BIG ARTS Chorus singing gigs since last Friday, it has been a whirlwind week for me. Part of the fun of this business is not knowing what will happen next, regardless of whether it’s from a phone call or a walk-in.

Short Term Rentals

henderson-franklinWith so much in the news lately about Airbnb rentals, it was interesting to learn that at a recent Sanibel City Council meeting three issues were added to the Department of Community Services’ planning goals. Those issues are: transportation, political signage, and short-term vacations rentals.

Then I saw the below article posted online this week by Kaylee Tuck of Henderson Franklin Attorneys. Betcha the same applies to Sanibel’s 28-day rental minimum for residential communities.

“Limited Vacancy: Florida Appeals Court Rules in Favor of the City of Miami’s Airbnb Rental Ban

“Florida’s Third District Court of Appeal handed down a win for local governments on Wednesday when the Court reversed a previous Circuit Court injunction that barred the City of Miami from enforcing a ban on short-term rentals in residential areas of the City.

“Background – In 2017, the City of Miami adopted a resolution that affirmed the City’s zoning regulations “as they pertain to short-term/vacation rentals,” and stated that neighborhoods zoned as T3 were limited to permanent residential use, which precluded rental accommodations per night, week, or anything less than one month.

“Notably, the T3 zone encompassed most of the City’s single-family houses and duplexes. When residents who had been using Airbnb to rent their properties spoke against the resolution, residents were directed to state their name and address for the record, and the City Manager made the comment that the City was “now on notice” of those who spoke against the City’s code and that he would direct his staff to enforce the City code.

“Airbnb took the issue to the Circuit Court, claiming that the 2017 resolution was preempted by a 2011 state law that prevents cities and counties from passing ordinances prohibiting or unduly regulating vacation rentals.

“Airbnb and individual residents also filed for an injunction to stop the City from enforcing the resolution against the residents who spoke out against it at the City Commission meeting.

“After hearing arguments, the Circuit Court issued a temporary injunction against the City which stopped the City from enforcing its vacation rental ban, as well as prevented the City from requiring residents to give their name and address if they wished to speak during the public comment portion of a City Commission meetings, stating that the requirement had a chilling effect on freedom of speech.

Holding – Fast forward to December 5, 2018, and the Third District Court of Appeal reversed the Circuit Court’s orders.

“In reversing the Circuit Court, the 3rd DCA stated that the injunction halting the City’s vacation rental ban was overbroad and not preempted by state law because, although Miami’s land use code was updated in 2016 and the resolution passed in 2017, the material provisions of the code were adopted in 2009 and, therefore, were not preempted by the 2011 state statute. Simply stated, this decision means the City of Miami may now enforce its zoning regulations on short term vacation rentals.

“The 3rd DCA also reversed the injunction that stopped the City from requiring speakers at public hearings to give their names and addresses. The 3rd DCA stated that preventing the City from requiring speakers to give their name and address at any public hearing was overbroad, and that the City has a legitimate interest in knowing the speaker’s name and address for various purposes, such as whether the speaker is actually a resident of the City.

Take-Away – Airbnb and short-term vacation rentals have been long contested by hotels, neighbors, city officials, and many others. This ruling may be the first in a long line of litigation stemming from municipal and county enforcement against such short-term rentals. Therefore, residents and homeowners are encouraged to know the laws of their jurisdiction before renting out their home through Airbnb in order to avoid fines, citations, or any other remedy a city or county has authority to pursue under local law. If you have any questions regarding short term vacation rentals, please feel free to contact me at kaylee.tuck@henlaw.com or by phone at 239-344-1164.”                 

Sanibel & Captiva Islands Multiple Listing Service Activity Dec 7-14, 2018sancap GO MLS logo

Sanibel

CONDOS

5 new listings: Loggerhead Cay #351 2/2 $649K, Loggerhead Cay #282 2/2 $695K, Loggerhead Cay #223 2/2 $699K, Heron at The Sanctuary III #1B 3/2.5 $775K, Shorewood #3C 3/2 $1.449M.

2 price changes: Tennisplace #C32 2/1.5 now $310K, Tennisplace #C23 2/1.5 now $329K.

2 new sales: Sundial #J401 1/1 listed at $589,985, Shell Island Beach Club #5D 2/2 listed at $799K.

No closed sales.

HOMES

11 new listings: 651 Donax St 4/2 duplex $539K; 9431 Moonlight Dr 3/2 $597K; 9444 Cotten Ct 3/2.5 $725K; 3350 Barra Cir 3/2 $729,927; 9307 Dimmick Dr 3/2 $749K; 743 Windlass Way 3/2 $765K; 1223 Par View Dr 3/2 $839K; 1050 White Ibis Dr 4/3.5 $899K (our listing); 446 Surf Sound Ct 3/2 $1.059M; 1230 Ferry Rd 3/4 $1.095M; 927 Strangler Fig Ln 3/3.5 $1.215M.

4 price changes: 325 East Gulf Dr 1/1 now $548K, 1325 Par View Dr 3/3 now $665K, 2479 Blind Pass Ct 3/2 now $874.9K, 478 Sea Oats Dr 3/3 now $1.05M.

2 new sales: 4436 Waters Edge Ln 3/3 listed at $729K, 1838 Buckthorn Ln 3/2 listed at $1.295M.

4 closed sales: 746 Nerita St 3/2 $717K, 718 Oliva St 3/2 $725K, 544 Sea Oats Dr 4/4 $1.15M, 794 Conch Ct 3/2.5 $1.255M.

LOTS

1 new listing: 9056 Mockingbird Ln $399K.

1 price change: 1817 Long Point Ln now $323K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Beach Homes #11 4/3 $2.995M.

No price changes or new sales.

1 closed sale: Beach Cottages #1408 2/2 $1.16M.

HOMES

1 new listing: 1114 Schefflera 4/3.5 $2.65M.

1 price change: 16447 Captiva Dr 7/6/2 now $3.395M.

No new sales.

1 closed sale: 11525 Chapin Ln 4/4 $1.4M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, enjoy your holiday festivities wherever you are.

How about this shell tree?

shell tree 2018

Or my favorite mailboxes which are always decorated for the holidays, across the street from each other – the dolphin & the manatee!

dolphin 2018Manatee 2018

Gotta love Sanibel at Christmas! Susan Andrews, aka SanibelSusan

It’s Time for Island Luminary 2018


Lighthouse with christmas bowsSusanSusan here reporting another sunny week on Sanibel, though another little taste of winter arrived on Wednesday night when the temperatures dipped down into the 50’s. That gave everyone a chance to dig out their jackets Thursday morning, but it is back into the high 70’s today. Not exactly Luminary weather, but we’ll take it. The local Santa probably will be wearing shorts tonight.

A repeat of the weekend and upcoming holiday events is posted below, followed by some news items, and the action posted this week in the Sanibel & Captiva Islands Multiple Listing Service.

Teammates Dave and Elise are holding down the fort this afternoon at the office while SanibelSusan is involved in three singing gigs today/tonight and another on Sunday night, followed by the BIG ARTS Chorus holiday concert next week. Island Christmas events are always early since many owners and snowbirds head north to spend holidays with family.

There were no sales announced at the Thursday morning Realtor® Caravan meeting yesterday, though you will notice that a couple of sales posted in the MLS report below. The only Sanibel condo sale was by teammate Dave. He handles our off-island listings and sometimes hears from former island owners who miss Sanibel and want to come back. This was one of those and we certainly can understand folks wanting to be here, particularly this time of the year when island weather is so grand!

Weekend Holiday Events & Upcoming Concerts

  • Christmas flamingos34th Annual Sanibel Luminary, today, Dec 7, begins with “A Sanibel 70’s Christmas” at the Historical Village from 3:30 to 5:30 p.m. Then from 5:30 to 9 p.m. from one end of Periwinkle Way to the other, churches, shopping centers, and businesses will be open for holiday shopping, music, and good cheer.
  • 34th Annual Captiva Luminary, Saturday, Dec 8, similar to Sanibel’s event. The business and shopping areas of Captiva will be lined with lights and open for holiday fun, refreshments, and shopping.
  • Tween waters at christmas 20166th Annual Captiva Holiday Stroll, at South Seas Island Resort, on both Friday and Saturday evenings from Dec 7 through 22 from 6 to 9 p.m. where there will be holiday treats; skating; live music; arts and crafts; entertainment including face painting, stilt walking, juggling and balloon artists; holiday movies; photos with Santa; and food and beverages. Tickets are $10 (for non-resort guests), children under 12 are free. Proceeds to benefit Captains for Clean Water.
  • Captiva Chapel By The Sea CarolsCaptiva Christmas Carol Sing, at Chapel-By-The-Sea, Sunday, Dec 9 at 6 p.m. Seating both inside and on the sand under the holiday lights.
  • BIG ARTS Holiday Concerts, Band concert is Saturday, Dec 8. Chorus concert is Wednesday, Dec 12. (I am front row alto section, if you attend. It’s my 25th year singing with this group which began the year I moved to Sanibel.) Both are at Schein Performance Hall beginning at 7 p.m. Tickets are $10 (children free) at www.bigarts.org.

Sanibel Library Earns National Star Award

sanibel-library-logoFor the 5th time, Sanibel Public Library has been recognized as one of the best libraries in the U.S.A. The “star” awards by “Library Journal” are based on a library’s performance measuring such statistics as library visits, program attendance, circulation, and computer usage. This year, more than seven thousand libraries were scored with just 257 receiving stars. Sanibel Library was the first in Florida to offer laptops for use in the library. With online language learning tools, downloadable magazines and songs, streaming video services, loanable cooking kits, and advanced referencing, stop in to see the first phase of the “Your Library Reimagined” program which is almost complete. It has been in the planning since 2015, has a budget of $5.9M which is being covered by library reserves, grants, and gifts.

SCCF Earns Stars Too

sccfSanibel-Captiva Conservation Foundation has earned a 4-star rating from Charity Navigator, which is America’s largest independent charity evaluator. This is the 3rd time that SCCF has earned this distinction. Based on strong financial health and transparency, the foundation is one of only four conservation nonprofits in Florida to earn this rating.

Flood Insurance Extended to December 21

NationalFloodInsuranceProgrAs posted at Florida Realtors® on-line yesterday, the National Flood Insurance Program (NFIP) no longer expires tonight at midnight, but Congress extended the program for only two weeks – until December 21, 2018, at midnight. As the article describes, “a number of high-profile issues now come to a head only a few days before the Christmas holiday.

“Congress also postponed a decision on government funding until December 21, and President Trump has threatened a government shutdown if Congress doesn’t include money in that funding to build a wall along the U.S. border with Mexico. If lawmakers have trouble finding common ground on the higher-profile funding issue, it’s unclear what might happen to NFIP.

“However, a bipartisan group of senators from states that rely on flood insurance also filed a bill Wednesday for a 10-month NFIP extension. U.S. Senators Marco Rubio (R-Fla.), John Kennedy (R-La.), Bill Cassidy (R-La.) and Robert Menendez (D-N.J.) introduced a bill, S. 3703, to reauthorize the National Flood Insurance Program (NFIP) for 10 months – through Sept. 30, 2019.

“Should Congress pass the bill after flood insurance expires on Dec. 21, the S. 3703 includes a provision that would make flood coverage retroactive in the event of a program lapse. However, it’s not yet clear whether the bill will pass in favor of more shorter-term extensions.

“”While I am frustrated with the continued need for extensions, it has become clear that we need additional time to come to a consensus on bipartisan and bicameral reforms to the NFIP,” Rubio says. “Floridians who rely on this program cannot afford this uncertainty when we enter the 2019 hurricane season. I urge my colleagues to pass this important extension as soon as possible.”

“”More than five million Americans depend on the National Flood Insurance Program,” Kennedy says. “For those of us who live along the Gulf Coast, the NFIP means we don’t have to worry every time it rains.”

“”It’s critical that we prevent a lapse that would disrupt the real estate market and leave thousands of families uninsured and vulnerable,” adds Menendez. “This (10-month) extension will give Congress time to pass a long-term reauthorization with real, meaningful reforms in line with my SAFE NFIP Act, which is the most bipartisan flood insurance bill in the Senate.””

Communicate, Communicate, Communicate

REALTOR-Magazine_Logo_The below article came from a November on-line article from REALTOR® Magazine. The SanibelSusan Team strives to have good communications. It sure can be key in keeping unforeseen obstacles away. That communication is a 2-way street. Here’s what Sam Silverstein said in the article:

“Sellers who won’t budge on the price they want for their homes. Buyers who can’t decide what they’re looking for in a property. Other real estate professionals involved in a transaction who just won’t cooperate. You can raise your chances of avoiding these common problems by setting the proper expectations before you invest any time in working with someone, Greg Glosson, ABR, CRS, managing broker at Fast Track Realty in Memphis, Tenn., said Sunday at the REALTORS® Conference & Expo in Boston.

“Broker Greg Glosson told attendees at the REALTORS® Conference & Expo that building trust at the beginning of any business relationship is key to avoiding setbacks in a transaction. The key is to build trust with clients and colleagues at the start of a working relationship, which will give you the credibility and authority to stay on top of the deals you manage, Glosson said. By laying out how you do business in advance, you’ll be in a better position to keep things moving as a transaction proceeds. Don’t be afraid to be upfront with people and let them know how you operate. “Say, ‘I’m going to be available for you, and I’d like you to be available for me,’” Glosson said.

“When you have an initial consultation with a prospective buyer, emphasize that they need to know what they are looking for in a home, so they are prepared to decide quickly if they want to make an offer on a property you show them, Glosson said. In addition, make it clear that you won’t invest time in working with them unless they are preapproved for a mortgage or are planning to pay cash.

“Also, be sure that spouses or other co-buyers are in agreement about their goals and that no one has unrealistic expectations that could cause them to balk when time is of the essence, he said. “If you sleep on it, you won’t sleep in it.” Keep in mind that you may have to help people understand that what they’ve heard about the homebuying process may not be realistic, he added.

“It’s also important to be clear with sellers about what they need to do before you agree to list their property, and look for signs that they aren’t prepared to cooperate, Glosson said. This will help you avoid clients who won’t declutter their homes, insist on being there during showings, refuse to follow your advice on counteroffers, or otherwise impede your ability to find a buyer for their property, he said. “Some listings are not worth it. … It all goes back to the seller consultation process.”

“You should also establish ground rules when a deal goes under contract, and you have to work with the agent on the other side of the transaction, Glosson said. Make sure you agree upfront about how you will communicate, understand how the other agent interacts with their client, and ask about potential obstacles that could come up later.

“Unlike potential clients who pose red flags, however, you may not be able to avoid other real estate professionals you’d rather not work with on a transaction. For these situations, Glosson has a simple piece of advice: “Sometimes, you just have to get it done.””

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 30-Dec 7, 2018

Sanibel

CONDOS

7 new listings: Spanish Cay #B4 2/2 $399K; Sundial #H210 1/1 $405K; Sundial #I104 1/1 $469K; Sundial #J401 1/1 $589,985; Shell Island Beach Club #5D 2/2 $799K; Kings Crown #311 3/2 $999K; Gulfside Place #305 2/2 $1.295M.

1 price change: Spanish Cay #F7 1/1 now $264K.

1 new sale: Compass Point #232 2/2 listed at $659K (our buyer) (community aerial below).Compass Pointe 2

3 closed sales: Sandy Bend #4 2/2 $710K, Sunset South #5D 2/2 $1.1415M, Tamarind #B202 2/2.5 $1.69M.

HOMES

9 new listings: 1284 Par View Dr 2/2 $679K, 1978 Roseate Ln 749K, 513 Lake Murex Cir 3/2 $874.9K, 225 Violet Dr 3/3 $965K, 4345 Gulf Pines Dr 4/4 $1.05M, 931 Snowberry Ln 4/4 $1.35M, 1152 Buttonwood Ln 3/2.5 $1.65M, 2282 Wulfert Rd 4/4.5 $1.795M, 925 Whelk Dr 3/3.5 $2.375M.

8 price changes: 1805 Ibis Ln 2/2 now $549K, 1851 Farm Trl 3/2 now $599K, 1327 Tahiti Dr 2/2 now $619K, 1755 Jewel Box Dr 3/2 now $789K, 824 Birdie View Pt 3/3 now $995K, 1672 Hibiscus Dr 3/2 now $1.029M, 1305 Eagle Run Dr 3/2.5 now $1.094M, 1351 Middle Gulf Dr #2C (Moonshadows) 3/3 half-duplex now $1.595M (our listing) (beachfront home location shown below).

Image 8 c.jpg

2 new sales: 4290 Gulf Pines Dr 3/2 listed at $595K, 8991 Mockingbird Dr 3/2 listed at $875K.

3 closed sales: 3837 Coquina Dr 2/2 $621K, 617 Lake Murex Cir 3/2 $750K, 1350 Middle Gulf Dr #2F (Moonshadows) 3/3 half-duplex $820K.

LOTS

1 new listing: 2279 Wulfert Rd $324K.

No price changes.

1 new sale: 595 Piedmont Rd listed at $209.9K.

No closed sales.

Captiva

CONDOS

3 new listings: Gulf Beach Villas #2004 2/2 $658K, Marina Villas #703 2/2 $759K, Lands End Village #1659 2/2 $995K.

1 price change: Sunset Captiva #103 2/2/2 now $899K.

1 new sale: Bayside Villas #5234 1/2 listed at $399K.

No closed sales.

HOMES

No new listings.

1 price change: 16596 Captiva Dr 5/5/2 now $6.99M.

No new or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, may your holiday fun continue too! shell christmas trees

Susan Andrews, aka SanibelSusan

“Goodbye, November” on Sanibel Isle


It’s SanibelSusan reporting that “it’s official – Sanibel/Captiva weather finally flipped for a couple of days this week from summer-like to chilly.” Yesterday was our local Association of Realtors Monthly Membership meeting (followed by Caravan) at The Sanctuary Golf Community Clubhouse. Those meetings begin at 8 a.m. when it was down into the mid-50’s when I left my home (dressed in my winter flip flops and only jacket). It sure felt good.i-wear-flip-flops-in-winter

Temperatures only made it up to 68 degrees later in the day before dipping down again last night, though not as low. The forecast for the next few days has temperatures back up into the high 70’s, with nights in the low 70’s. The next cool front is expected to arrive next Wednesday. We have our fingers crossed that it will be cool that weekend as island holiday events kick-off.\

Below are some real estate news and more info about those events, followed by the action with our listings and the Sanibel-Captiva Islands Multiple Listing Service since last Friday. Just two Sanibel homes and one Captiva condo were sold during this time.

First, here’s the inquisitive white heron that was just checking out the recently-installed Christmas lights next to where I park my car at the office.

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Upcoming Island Events

  • 34th Annual Sanibel Luminary, Friday, Dec 7, begins with “A Sanibel 70’s Christmas” at the Historical Village from 3:30 to 5:30 p.m. (I’ll be singing carols with the Sanibel Community Chorus at 4 p.m. as we stroll through the Village.) Then from 5:30 to 9 p.m. from one end of Periwinkle Way to the other, churches, shopping centers, and businesses will be open for holiday shopping, music, and good cheer. (At the Olde Sanibel Shoppes, Sanibel’s Island Brass will perform holiday favorites, while the Sanibel Community Church will feature their annual dramatic “Walk Through Bethlehem”. From the unveiling of the renovated Chamber of Commerce building to the Sea School, and Jerry’s, Bailey’s, Periwinkle Place and more, there always are so many things happening at once on Luminary night that it’s impossible to visit them all – not to mention the spectacular twinkling lights and holiday décor.
  • 34th Annual Captiva Luminary, Saturday, Dec 8, similar to Sanibel’s event. The business and shopping areas of Captiva will be lined with lights and open for holiday fun, refreshments, and shopping.
  • 6th Annual Captiva Holiday Stroll, at South Seas Island Resort, on both Friday and Saturday evenings from Dec 7 through 22 from 6 to 9 p.m. where there will be holiday treats; skating; live music; arts and crafts; entertainment including face painting, stilt walking, juggling and balloon artists; holiday movies; photos with Santa; and food and beverages. Tickets are $10 (for non-resort guests), children under 12 are free. Proceeds to benefit Captains for Clean Water.
  • Captiva Christmas Carol Sing, at Chapel-By-The-Sea, Sunday, Dec 9 at 6 p.m. Seating both inside and on the sand under the holiday lights.
  • 2018 Holiday Chorus PosterBIG ARTS Holiday Concerts, Band concert is Saturday, Dec 8. Chorus concert is Wednesday, Dec 12. Both are at Schein Performance Hall beginning at 7 p.m. Tickets are $10 (children free) at www.bigarts.org.

 

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoHere are some highlights from the speakers at our membership meeting yesterday:

kemp turtleKelly Sloan, Sanibel-Captiva Conservation Foundation (SCCF) Sea Turtle Coordinator/Biologist reported on how water quality this year has affected the turtle population. As of Nov 9, Southwest Florida from Collier to Pinellas Counties have documented 1,205 turtle strandings, most of these animals (1,051) were found dead. The previous average was 477, making the current number 2.5 times greater than the norm. Lee County had 293 strandings, the county previous 5-year average was 94. This year was the largest number of stranded turtles attributed to a single red tide event.

Sanibel Vice Mayor Mick Denham provided an update on what The City of Sanibel is doing regarding improving water quality. Guided by the City’s Comprehensive Nutrient Management Plan, Sanibel has:Sanibelcityseal logo

  • Environmentally Sensitive Lands Conservation Program
  • Established a fertilizer ordinance
  • Golf Course Report Card Program
  • Native plant protection and sod limitations
  • Converted most of the island from septic to central sewer
  • Reduction of impervious surfaces for single-family homes
  • Implemented of NPDES (National Pollutant Discharge Elimination Systems) to reduce stormwater runoff
  • Beach and dune protection
  • Mangrove protection through state regulation
  • Constructing a water quality treatment park
  • Upgrading the Donax Wastewater Reclamation Facility

Sanibel’s fertilizer ordinance was the first in the state. It requires that fertilizer nitrogen content must be 20% or less and at least 50% must be a slow release form. Phosphorus content must be 2% or less and no fertilizer can be used within 25’ of a body of water. Additionally, the fertilizer blackout period is during the rainy season (July through September).

The City recently sent letters to all 460-some mayors of every city in Florida asking them to similarly do their part to help improve water quality. Sanibel efforts to-date cost $120M. A new $20M project is in the works that will remove nitrogen out of reclaimed water.

Together we can all make a difference. Please pass the word that water quality affects real estate values. As water gets cleaner, property prices rise. We all need to do our part and stay involved.

The Makings of a Buyer’s Market

REALTOR-Magazine_Logo_From “REALTOR®” magazine, November-December 2018 issue:

“Buyers are pulling back. Home prices have been rising too much relative to income for many would be buyers to keep pace. Since 2011, the U.S. median home prices have risen 55% while wages are up only 18%. Now, the Federal Reserve has become more aggressive against inflation; with several short-term interest rate increases over the past year and more likely on the horizon, mortgage rates are trending up. A monthly mortgage payment on a typical home today is $1,136 up from $639 in 2011. And confidence is down. Only 38% of consumers today strongly believe it’s a good time to buy, down from 43% last year, and the numbers are lower for renters who don’t have equity to tap for a down payment.

“It’s not all bad news, though. The reason for the Fed’s rate hikes is that the economy is roaring. Jobs openings are at a record high, and the number of people applying for unemployment checks is at historic lows. As long as the economy stays strong, home sales could head up – even as rates continue to rise.

“Mortgage rate increases don’t automatically push home sales down. In 1984, 1994, and 1999, interest rates rose about 2-percentage points in each year while home sales either stayed flat or continued up. An exception was 2008, when higher rates caused a large number of subprime loans to go sour and home sales dropped. Fortunately, subprime mortgages are gone and nearly all are locked in safely at fixed rates.

“With buyers stepping back a bit, inventory is no longer falling. New home construction is increasing and more homeowners are considering listing. A recent survey NAR conducted shows 50% of consumers strongly indicate it is a good time to sell, compared to only 28% just two years ago. Most home sellers will also be buyers. With inventory expected to grow, prices will stop rising so fast. That’s a healthy adjustment. Buyers can soon resume their search for the American dream.”

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 23-30, 2018

sancap GO MLS logoSanibel

CONDOS

6 new listings: Sundial #J101 1/1 $499K, Loggerhead Cay #133 2/2 $949K, Sanibel Arms West #F8 2/2 $969K, Sanibel Moorings #522 3/2 $1.295M, By-The-Sea #C102 3/2 $1.624.9M, Somerset #B202 3/2.5 $2.1M.

3 price changes:  Pointe Santo #B2 2/2 now $729K, Signal Inn #19 3/2 now $1.095M, White Pelican #133 3/3 now $1.85M.

No new sales.

1 closed sale: Blind Pass #G201 2/2 $468K.

HOMES

6 new listings: 221 Robinwood Cir 3/2 $679K, 5260 Caloosa End Ln 3/2 $697K, 9052 Mockingbird Ln 3/2 $749K, 4339 Gulf Pines Dr 3/2 $795K, 698 Birdie View Pt 3/2 $839K, 335 Cowry Ct 3/3.5 $1.199M.

11 price changes: 9248 Kincaid Ct 2/1 now $399K, 531 Piedmont Rd 3/2 now $439.5K, 1325 Par View Dr 3/3 now $667.5K, 1740 Middle Gulf Dr 3/3 now $850K, 1225 Seagrape Ln 3/3 now $875K, 2479 Blind Pass Ct 3/2 now $950K, 920 Snowberry Ln 3/3.5 now $1.175M, 2640 Coconut Dr 2/2 now $1.375M, 2414 Wulfert Rd 4/4.5 now $1.597M, 1743 Venus Dr 4/3.5 now $1.749M, 5615 Baltusrol Ct 4/6/3 now $3.399.9M.

2 new sales: 1150 Seagrape Ln 3/2 listed at $1.279M, 4771 Tradewinds Dr 3/3 listed at $1,795,555.

2 closed sales: 1035 S Yachtsman Dr 5/4.5 $850K, 1238 Isabel Dr 5/3/2 $2.2M (our buyer).

LOTS

No new listings.

3 price changes: 1820 Ardsley Way now $166.5K, 978 Main St now $194.9K, 2987 Wulfert Rd now $295K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Tennis Villas #3137 2/2 $445K, Beach Villas #2636 2/2 $759K.

No price changes.

1 new sale: Beach Homes #13 4/4.5 listed at $3.949M.

No closed sales.

HOMES

No new listings.

4 price changes: 55 Sandpiper Ct 3/2 now $969K, 1105 Tallow Tree Ct 3/3 half-duplex now $2.495M, 16801 Captiva Dr 3/3.5 now $2.595M, 15819 Captiva Dr 5/4 now $10.9M.

No new sales.

1 closed sale: 11534 Laika Ln 4/3.5 $1.61M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

thankfull-for-flip-flopsUntil next Friday, when it’s December!

Susan Andrews, aka SanibelSusan

Post Thanksgiving 2018 on Sunny Sanibel


It is another Sanibel Friday and The SanibelSusan Team and I hope that you all had a nice holiday yesterday. Here the beaches, bike paths, and roadways are busy with families enjoying the continued almost-summer-like weather, while Christmas decorations already are popping up in some locations as the islands quickly jump from one holiday to the next.

First a couple of pix of the cute mailboxes across the street from each other on Sanibel’s east end. Remember how cute they were for Valentines’ Day? Here they are: the pilgrim dolphin & the Indian manatee. I’ll be watching for their Christmas look next.

 

A report of the action posted since last Friday in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below. Though a day-short workweek, it was a good one for The SanibelSusan Team. We had an unexpected “big” sale on Monday and on Wednesday received a beautiful new listing (just off-island in Gulf Harbour). Good wishes from all of us for a continued weekend of thankfulness.

Christmas Trees For Sale on Sanibel

Christmas palm treeStarting today, the Sanibel-Captiva Lion Club again is selling Christmas trees from in front of the old gas station at Bailey’s Shopping Center, 2477 Periwinkle Way. This annual holiday tradition fundraiser features premium Frasier firms freshly-cut and shipped on refrigerated trucks from Michigan. About 210 trees from 5’ to 10’ high are being delivered and available for purchase seven days a week from 10 a.m. to 5 p.m., through Christmas Eve or until all are sold. Proceeds from the sales go to Lions Club charities. The local Lions Club meets the 1st and 3rd Wednesday of every month at The Community House, where the club was charted in 1967. More info at www.sanibelcaptivalions.com .

Holiday Shopping at The Refuge on Nov 27

Ding Darling holiday shopping 2018The “Ding” Darling Wildlife Society will keep the Refuge Nature Store open two extra hours after the Center closes on November 27, from 5 to 7 p.m. Enjoy free refreshments, holiday cheer, and visit their Giving Tree, which is an easy way to contribute in the name of a loved one for education, land acquisition, and Refuge research projects. Plenty of other great gift items and holiday ornaments are available too with a free gift for purchases of $25 or more.

Noah’s Ark Christmas Open House on Dec. 3

Noah Ark 2018Noah’s Ark, the popular island thrift shop on the grounds of St. Michael & All Angels Episcopal Church (just west of SanibelSusan Realty), is redecorating and holding its first annual Christmas Open House, on Monday December 3, from 9 a.m. to 2 p.m., when the shop will sparkle with Christmas items and good cheer.

Called, NOAH’S NOËL, this new event features complimentary refreshments, photo-ops with Santa Claus, and fun raffle giveaways from the shop’s Christmas stock, plus many items for holiday shoppers. Decorated with twinkling lights from a forest of trees and ornaments from all over the world–many with beach theme, shelves will be lined with toys, Christmas books and gifts, and holiday decorations, while a special kitchen section will feature holiday cookbooks, cookie cutters and more.

For more than 50 years, Noah’s Ark has been run by the women (80+ volunteers) of St. Michaels. Proceeds from their sales, coupled with monies from the parish budget, go to more than 25 local, regional and global charities.

Noah’s Ark accepts donations (clean items in good condition), any time at the shop’s loading dock. Furniture items must be approved by the furniture chair. (Call 239-472- 3356). It is open weekdays and the 1st Saturday of each month, 9:30 a.m. to 12:30 p.m. It will be closed on Saturday, December 1, to prepare for the Open House.

Why A Housing Market Slump If The Economy Is Booming?

The_New_York_Times_logoPosted on FloridaRealtors© on-line on Wednesday, the below article is sourced to the “New York Times” (11/15/18), before the stock market tumble.

“Economists note the relationship between home sales and the incomes of the people who live there – or want to live there – has come undone over the last six years.

“Nationally, personal income per capita has risen 25% since the end of 2011, while the S&P/Case-Shiller national home price index is up 48%. Although demographics are favorable for housing demand as millennials enter the prime years for home buying, that won’t help if prices are out of reach relative to incomes.

“Moreover, lending standards have remained more rigorous than they were during the last housing boom, so it’s been harder for people to stretch to buy a home.

“Industry observers say sellers appear to be trying to cling to the spring 2018 prices that their neighbors received, while there aren’t enough buyers in late 2018 willing or able to pay those prices.

“Economists say a strong economy makes it more likely that this housing slump will end without a steep 2008-style downturn. But in the meantime, it could be a soft few months or even years of standoffs between buyers and sellers.”

Sales of Existing-Homes Increases for 1st Time in 6 Months

Florida Realtors logoAlso posted on-line at FloridaRealtors© on Wednesday, November 21, 2018:

“Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors® (NAR), and three of the four major U.S. regions tracked saw gains in sales activity last month.

“Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – increased 1.4% from September to a seasonally adjusted rate of 5.22 million in October. Sales are now down 5.1% year-to-year.

“Lawrence Yun, NAR’s chief economist, says increasing housing inventory has brought more buyers to the market. “After six consecutive months of decline, buyers are finally stepping back into the housing market,” Yun says. “Gains in the Northeast, South and West – a reversal from last month’s steep decline or plateau in all regions – helped overall sales activity rise for the first time since March 2018.”

“The median existing-home price for all housing types in October was $255,400, up 3.8% from October 2017 ($246,000). October’s price increase marks the 80th straight month of year-over-year gains.

“Total housing inventory at the end of October decreased from 1.88 million in September to 1.85 million existing homes available for sale, but that represents an increase from 1.80 million a year ago. Unsold inventory is at a 4.3-month supply at the current sales pace, down from 4.4 last month and up from 3.9 months a year ago.

“Properties typically stayed on the market for 33 days in October, an increase from 32 days in September but down from 34 days a year ago.

“Overall, 46% of homes sold in October were on the market for less than a month. “As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully,” says Yun. “This allows for much more manageable, less frenzied buying conditions.”

“Realtor.com’s Market Hotness Index, measuring time-on-the-market data and listings views per property, revealed that the hottest metro areas in October were Midland, Texas; Fort Wayne, Ind.; Odessa, Texas; Boston-Cambridge-Newton, Mass.; and Columbus, Ohio.

“According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased to 4.83% in October from 4.63% in September. The average commitment rate for all of 2017 was 3.99%.

“”Rising interest rates and increasing home prices continue to suppress the rate of first-time homebuyers,” says Yun. “Home sales could further decline before stabilizing. The Federal Reserve should, therefore, re-evaluate its monetary policy of tightening credit, especially in light of softening inflationary pressures, to help ease the financial burden on potential first-time buyers and assure a slump in the market causes no lasting damage to the economy.”

“First-time buyers made up 31% of October sales, down month-to-month and year-to-year. In NAR’s 2018 Profile of Home Buyers and Sellers, the annual share of first-time buyers was 33%.

“”Despite this much-welcomed month-over-month gain, sales are still down from a year ago; a large reason for this is affordability challenges from higher interest rates,” says NAR President John Smaby. “Prospective buyers looking for their dream home in this market should contact a Realtor as a first step in the buying process to help them navigate this more challenging environment.”

“All-cash sales accounted for 23% of October’s transactions, up from September (21%) and a year ago (20%). Individual investors, who account for many cash sales, purchased 15% of homes in October, up from September and a year ago (both 13%).

“Distressed sales – foreclosures and short sales – represented 3% of sales in October – the lowest percentage since NAR began tracking in October 2008. That rate is unchanged from last month and down from 4% year-to-year. Two percent of October sales were foreclosures and 1% were short sales.

“Single-family and condo/co-op sales

“Single-family home sales sit at a seasonally adjusted annual rate of 4.62 million in October, up from 4.58 million in September. They’re 5.3% below the 4.88 million sales pace from a year ago. The median existing single-family home price was $257,900 in October, up 4.3% from October 2017.

“Existing condominium and co-op sales were recorded at a seasonally adjusted annual rate of 600,000 units in October, up 5.3% from last month but down 3.2% from a year ago. The median existing condo price was $236,200 in October, which is down 0.2% from a year ago.

“Regional breakdown

“October existing-home sales in the Northeast increased 1.5% to an annual rate of 690,000, 6.8% below a year ago. The median price in the Northeast was $280,900, which is up 3.0% from October 2017.

“In the Midwest, existing-home sales declined 0.8% from last month to an annual rate of 1.27 million in October, down 3.1% overall from a year ago. The median price in the Midwest was $197,000, up 2.4% from last year.

“Existing-home sales in the South rose 1.9% to an annual rate of 2.15 million in October, down 2.3% from last year. The median price in the South was $221,600, up 3.8% from a year ago.

“Existing-home sales in the West grew 2.8% to an annual rate of 1.11 million in October, 11.2% below a year ago. The median price in the West was $382,900, up 1.9% from October 2017.”

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 16-23, 2018sancap GO MLS logo

Sanibel

CONDOS

6 new listings: Sundial #H309 1/1 $455K, Sanctuary Golf Villages I #3-1 2/2.5 $675K, Pointe Santo #D21 2/2 $695K, Sundial #A306 1/1 $724.5K, Kings Crown #213 2/2 $829K, Sundial #A201 2/2 $949K.

No price changes.

1 new sale: Blind Pass #C201 2/2 listed at $440K.

1 closed sale: Sunset South #6B 2/2 $569K.

HOMES

5 new listings: 984 Black Skimmer Way 3/2 $575K, 4290 Gulf Pines Dr 3/2 $595K, 9248 Dimmick Dr 3/3 $640K, 198 Southwinds Dr 3/2 $750K, 2502 Wulfert Rd 4/4.5 $1.849M.

7 price changes: 5306 Umbrella Pool Rd 4/3 now $749K, 1225 Seagrape Ln 3/3 now $875K, 501 Lagoon Dr 3/2 now $969K, 4787 Rue Helene 4/3 now $979.5K, 6123 Starling Way 3/2.5 now $1.129M, 2857 Wulfert Rd 4/5 now $1.348M, 1206 Bay Dr 4/4.5 now $3.524M.

1238 isabel2 new sales: 746 Nerita St 3/2 listed at $749K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M (our sale).

No closed sales.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

2 price changes: Lands End Village #1662 3/3 now $1.99M, Sunset Captiva #302 4/3 now $2.248M.

No new or closed sales.

HOMES

1 new listing: 11547 Laika Ln 4/4 $2.495M.

No price changes, new or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

This sunset pix was taken this week by teammate Dave’s cell phone. Southwest Florida sure gets some beautiful evening skies when there are clouds!

DFA sunset Nov 2018

Until next Friday, Susan Andrews, aka SanibelSusan

Thanksgiving & Real Estate on Sanibel & Captiva Islands


It’s Susan with another Friday report about Sanibel & Captiva Islands. It sure seems like these weeks are flying by quickly. The island is busier, with traffic increasing with more probably to come with the pre-holiday weekend here.

As predicted last week, a mini-cool front arrived late yesterday. Though nothing like the inches of snow we heard about from callers in the Northeast and Midwest, local temperatures got down into the high 50’s last night. Today, it is expected to reach just 70 degrees F. Convertible tops are down and windows are open again! But do not worry, island Thanksgiving visitors, predictions are that it will be back into the 80’s by Sunday, continuing right through next week.

Teammate Dave held an Open House this afternoon at our gulf-front listing at 1351 Middle Gulf Drive where the beachfront area just had its annual trim.  With the sliders open, below are a couple of his cell phone photos of the fantastic water views. With nearly 3000 sq. ft. of living space, it has a huge great room, 3 bedrooms, 3 full baths, a large updated white bright kitchen, separate utility room, plus a family room with beachside patio.

Tweek 5Tweek 4Tweek 6

Sanibel & Captiva Real Estate Happenings

Sanibel realtors logoThere was light turnout yesterday morning at our local Association of Realtors© weekly meeting. Announcements included a few properties that will be coming-on-the-market-soon and a couple of price reductions. One sale was announced too – an improvement over last week. Eight Sanibel east-end properties were open during the following 9 a.m. to noon Open House Caravan, including our new listing at Signal Inn.

More info about the postings since last Friday in the Sanibel & Captiva Multiple Listing Service follow a couple of news items below.

Thanksgiving Celebration at The Community House

Thanksgiving 4 some

First organized in 1991, the first Sanibel Thanksgiving Celebration took place on Thanksgiving eve. To make attendance easier, it was moved to the Sunday before the holiday. That tradition continues with this year’s event coming up this weekend, Nov 18, at The Community House beginning at 6:45 p.m. Donations from attendees, including non-perishables, will go to the local F.I.S.H. Food Pantry.

Free and open to the public, the celebration brings the community together with music, fun, and fellowship. The program lasts about an hour and includes a proclamation from Sanibel Mayor Kevin Ruane, prayer by City Manager Judie Zimomra, and Thanksgiving presentation by representatives from local houses of worship. Guest speaker, F.I.S.H. Board Chair Nicole McHale also will provide a report on how “water” affected their work this summer. There usually are a few pilgrims and Indians in attendance too.

Other event highlights include music and audience sing-a-long. You can be sure that I’ll be there again with the BIG ARTS Community Chorus. The Seahorse Chorale from the Sanibel School too will take the stage. The program concludes with a combined piece we will perform together called “Give Thanks”, followed by cider (provided by Bailey’s General Store), cookies (from Jerry’s Foods), and ice cream samples (from Pinocchio’s).

The Launch

the launch 2018It is going to be a busy weekend, with this event tomorrow evening, also at The Community House. “The Launch” is raising funds for island conservation initiatives. In March, Coastal Keepers (formerly the Sanibel-Captiva chapter of START or Solutions to Avoid Red Tide) held its first “The Launch” (once called Cracker Fest). This weekend’s event includes a sustainable dinner, both live and silent auctions, and a reveal of the group’s new conservation initiatives in the works.

Coastal Keepers’ goal is to increase awareness of the impacts we have on beaches, water quality, and marine habitats, and to help citizens become more effective stewards of the ocean. Through business and community partnerships, Coastal Keepers recently encouraged Sanibel City Council to pass an ordinance on the sale and distribution of disposable plastic straws. With that initiative wrapping up, they now are overseeing a “Bring Your Own Bag” campaign where free reusable canvas bags are distributed to the public. Thousands of bags have already been given out in efforts to build a more environmentally-friendly island.

More info at www.sancapcoastalkeepers.org.

Did Florida’s Environment Win or Lose in the 2018 Midterms?

News Press logoA lengthy article in today’s Fort Myers “News-Press” on line has some interesting observations and an update by Rae Ann Wessel, Sanibel-Captiva Conservation Foundation (SCCF) Director of Natural Resources. Read the complete article at https://www.news-press.com/. Here are some excerpts:

“Did Florida’s Environment Win or Lose in the 2018 Midterms?

“With uncertainty still clouding the elections’ outcome, that remains an open question.

“The fragility and importance of the state’s natural systems headlined the lead-up to the recent midterm vote, as red tide and toxic blue-green algae (cyanobacteria) fouled both Gulf and freshwater throughout the region, slaughtering sea creatures, sickening residents and snuffing hospitality jobs.

“Candidates quickly organized town-hall meetings. Nonprofits marched. State agencies stayed on the sidelines to the dismay of activists.

“Yet once it was time to vote, “the algae and the red tide issues sort of dissipated,” said FGCU political science professor Peter Bergerson. “I think the appearance of the president at the very end dominated the turnout.”

It’s not that the environment didn’t matter to voters, Bergerson said; it just mattered less than other issues. “If you look at the exit polls, it wasn’t top-of-mind,” he said. “Jobs, the economy and immigration were. I think that (conservative voters’) attachment to traditional party loyalties overcame their commitment to the environment.”

“For many water champions, gloom was the order of the day after….

“Others urged advocates not to lose sight of what progress has been made.

SCCF logo“We have to remember we are living now in a time when there are whole series of Everglades ecosystem restoration projects coming to fruition and ready to be finishing up,” said Rae Ann Wessel, natural resources policy director for the Sanibel-Captiva Conservation Foundation. “It seems like molasses for those of us who have been living it, but you have to celebrate that those things are coming together.”

“Another positive to come from the water crisis is “all these concerned people coming out of the woodwork, groups forming like Captains for Clean Water,” Wessel said. “I’ve said, ‘Don’t let a good disaster go to waste.’ We need to be pulling together a set of expectations for the new administration, whoever they may be.”

“And ultimately, Wessel said, as long as residents stay engaged, there will be progress.

“We can’t just hand off our democracy. You can’t just trust that once somebody is elected, they’re going to do the right thing because they got elected,” she said. “It’s up to you and me, it’s up to all of us. We will get the government that we allow … So now, we keep the pressure up, we become partners, we become educators, we praise them when they do something that serves the public interest and we call them out when they do something that is against the public interest.”….”

Fed May Raise Interest Rates at Slower Pace Than Predicted

Florida Realtors logoPosted yesterday on FloridaRealtors© online and credited to 2018 Information, Inc. (Forbes (11/13/18) and Bloomberg (11/14/18):

“The Federal Reserve is forecasting U.S. interest rate increases well into 2020, but the financial markets believe policymakers could rethink their tightening policy as soon as early next year.

“Observers point to a slowdown in economic growth from this year’s stimulus-boosted pace. TS Lombard’s Steven Blitz believes that a December rate hike will most likely occur, but he sees 2019 as more questionable.

“If employment growth starts to slow towards a neutral pace early next year and the unemployment rate creeps up as a result, does the Fed keep going just because wages are accelerating? We doubt it,” he says. “The noted slowdown in business spending will only be further negatively impacted by the strong dollar and higher real rates.”

TS Lombard’s prediction: The Fed will suspend its rate-hike campaign in March 2019.

“The Fed sees interest-rate increases as a tool to fight inflation, but the latest report for October found little evidence of inflation despite strength in the economy and wages.

“The consumer-price index (CPI) increased 0.3% in October from the prior month, the Labor Department said Wednesday; year-to-year, overall consumer prices climbed 2.5% in October, compared with 2.3% in the 12 months that ended in September.

“Excluding the volatile categories of food and energy, the core CPI rose 0.2% last month, largely in line with recent trends, and 2.1% from a year earlier.

“”These are pretty steady inflation prints,” with “nothing in here that argues inflation is going to overshoot,” says Omair Sharif, senior U.S. economist at Societe Generale. Also, there’s little to concern policy makers, so they’ll “continue to stay gradual” with interest-rate hikes, he said.””

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 9-16, 2018

sancap GO MLS logoSanibel

CONDOS

4 new listings: Sundial West #C310 1/1 $469,750; Signal Inn #4 1/1 $499.9K (our listing, shown below), Sanibel Surfside #126 2/2 $895K, Oceans Reach #3D2 2/2 $989K.

1 price change: Sanibel Surfside #116 2/2 now $969K.

2 new sales: Sundial East #T301 2/2 listed at $845K, Tamarind #B202 2/2.5 listed at $1.749M.

2 closed sales: Seashells #43 2/2 $318K, Sunset South #6D 2/2 $611K (our listing).

HOMES

9 new listings: 328 Palm Lake Dr 3/2 $687K; 1586 Century Ct 3/2.5 $689K; 9448 Cotten Ct 3/2 $875K; 686 East Rocks Dr 3/2 $889K; 1056 S Yachtsman Dr 3/2 $899K; 1309 Eagle Run Dr 3/2.5 $1.175M; 1838 Buckthorn Ln 3/2 $1.295M; 5250 Caloosa End Ln 3/2.5 $1,594,500; 1520 Angel Dr 5/5.5 $1.799M.

8 price changes: 1325 Par View Dr 3/3 now $670K, 9446 Beverly Ln 3/3.5 now $739K, 1677 Sabal Sands Rd 3/2 now $810K, 1740 Middle Gulf Dr 3/3 now $899K, 1656 Middle Gulf Dr 3/4 now $909.9K, 534 N Yachtsman Dr 3/2 now $999K, 772 Birdie View Pt 3/3.5 now $1.339M, 4809 Tradewinds Dr 3/3.5 now $1.999M.

4 new sales: 498 Surf Sound Ct 3/3 listed at $885K, 1304 Eagle Run Dr 3/3 listed at $1.1M, 794 Conch Ct 3/2.5 listed at $1.295M, 3790 West Gulf Dr 3/2.5 listed at $1.699M.

3 closed sales: 6093 Henderson Rd 3/2 $450K, 1350 Sand Castle Rd 3/2 $650K, 1286 Par View Dr 3/3 $935K.

LOTS

3 new listings: 1318 Par View Dr $425K, 3308 Saint Kilda Rd $529,555; 1729 Jewel Box Dr $999.9K.

1 price change: 0 Dinkins Lake Rd now $268.5K.

No new sales.

1 closed sale: 9232 Dimmick Dr $170K.

Captiva

CONDOS

3 new listings: Bayside Villas #5234 1/2 $399K, Beach Villas #2538 3/3 $909.9K, Beach Cottages #1409 3/2 $1.25M.

No price changes, new sales, or closed sales.

HOMES

No new listings.

1 price change: 11505 Gore Ln 5/5 now $1.795M.

No new sales.

1 closed sale: 38 Sea Hibiscus Ct 3/2 $950K.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

turkey-pilgirm-in-autumn-leavesEnjoy your Thanksgiving!

Susan Andrews, aka SanibelSusan

Thanksgiving words

It You Are Looking For Sunshine Come Here!


Beach Chairs

Photo in front of Sanibel Arms West by Jim Anderson, JMA Photography

Woohoo! It’s another beautiful Friday on sunny Sanibel. You must get sick hearing that. The weather gurus keep promising cool fronts. Maybe next week, as they now are suggesting that temps may go down into the 50’s Tues night with our first day with a high in just the low 70’s on Wed. Temperatures are expected to slowly creep back to 80 by next weekend though. We will have to wait and see what next Friday brings.

Thanksgiving 2017It sure would be nice to be able to wear long sleeves for the Thanksgiving celebration which is Sunday evening, Nov 18 at The Community House. It’s always a fun spirited community event. BIG ARTS Sanibel Community Chorus will be joining the Seahorse Choral from the Sanibel School and you can be sure that a few pilgrims and Indians will be there too.

I have been out showing property this afternoon. No new sales yet but you can be sure I am working on it. The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday are after a couple of news items below.

Election Madness

floridaMany colleagues – me too – thought that with the mid-term elections over, sales would improve. Now it seems that Florida’s outcome maybe be closer than first reported.

The good news is that the amendments supported by Florida Realtors® did pass. The candidates supported by them also are the ones that do look to be the ones elected. Let’s hope that the final results are verified quickly.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday, at Realtor® Caravan, there were a lot of surprised faces when not a single new sale was announced. There were plenty of new listings and price reductions reported though, so it will be interesting to see how the next few weeks shake out. Sales are in-the-works, so hopefully more will be reported soon.

Inventory is increasing as it usually does this time of the year. Below is a summary of the number of properties for sale, compared to those under contract, and year-to-date sales this year and total sales in 2017 and 2016.

 

Condos Homes Lots
Sanibel # Avg Price $ # Avg Price $ # Avt Price $
For sale 74 746,125 168 1,366,382 58 617,976
Sale pending 9 693,500 13 771,923 2 189,728
Sold & closed:
2018 thru 11/9 143 722,415 197 1,136,655 19 646,526
2017 140 728,793 186 1,004,237 32 327,229
2016 143 717,768 181 979,576 25 487,095

 

Condos Homes Lots
Captiva # Avg Price $ # Avg Price $ # Avt Price $
For sale 33 1,387,997 36 3,442,556 3 4,264,667
Sale pending 1 1,160,000 3 1,847,667 0 N/A
Sold & closed:
2018 thru 11/9 26 783,591 22 2,237,446 0 N/A
2017 34 671,551 22 2,457,023 2 2,312,500
2016 22 873,636 271 3,195,000 2 3,150,000

 

37th Annual Taste of The Islands

taste of the islands 2018CROW’s annual benefit is this weekend on Sunday, Nov 11 at Sanibel Community Park (across the street from SanibelSusan Realty) from 12:30 to 5 p.m. You-know-who will be in the office with the door open, enjoying the music and hoping for some walk-ins. This year 13 eateries are participating including: Blue Giraffe, Doc Ford’s Rum Bar & Grille, Il Cielo, Matzaluna, Sanddollar Restaurant (new at Sanibel Island Beach Resort (formerly the Holiday Inn)), Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse & Sushi Bar, Thistle Lodge, The Bubble Room, The Clam Shack, The Jac Sanibel Island Bar & Grille, & The Timbers Restaurant and Fish Market. www.crowclinic.org/articles/37th-taste-of-the-islands

Veterans Day Celebration & Sanibel Farmers Market

VeteransSunday also is the annual Veterans Day Celebration at City Hall. With the public invited and hosted by the Lee Coast Chapter of the Military Officers Association of American and the City of Sanibel, it will take place around the flag pole at City Hall (from 10:30 a.m. until noon). The program will feature patriotic music (the BIG ARTS Concert Band), local boy scouts and cub scouts presenting the colors, and guest speakers and veterans sharing their history.

Because of this event, Sanibel Farmer Market also on the grounds of City Hall is delayed until Monday, rather than Sunday, (8 a.m. to 1 p.m.). That change is for this week only.

Island Neighbors Hold Annual Turkey Drop

TurkeyThis is the 3rd year of the Sanibel East-End Turkey Drop & Roll, where donations are collected to benefit the Harry Chapin Food Bank of Southwest Florida. At the home of the Petersons at 444 Lagoon Drive on this coming Wed Nov 14 from 10 a.m. to 1 p.m. donations of frozen turkeys and non-perishable food items are collected. Last year, they brought more than 450 pounds of turkeys to the food bank plus other items that would complete a Thanksgiving dinner (cranberry sauce, gravy, instant mashed potatoes, stuffing mix, and canned vegetables. Call the Petersons with questions at 239-395-2476.

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 2 – 9, 2018

sancap GO MLS logoSanibel

CONDOS

3 new listings: Pointe Santo #C4 1/1 $585K, Pointe Santo #A1 2/2 $950K, Tamarind #B202 2/2.5 $1.749M.

1 price change: Sundial #G206 1/1 now $469.9K.

No new sales.

3 closed sales: Cottage Colony West #132 1/1 $610K, Sundial #T402 2/2 $800K, Atrium #201 3/3 $1,209,711.

HOMES

7 new listings: 1442 Sandpiper Cir 2/2 half-duplex $415K, 573 Lake Murex Cir 3/2 695K, 1236 Par View Dr 3/2.5 $889K, 1127 Buttonwood Ln 3/2.5 $925K, 1278 Sand Castle Rd 4/3 $949K, 734 Pyrula Ave 3/2.5 $1.295M, 1283 Isabel Dr 3/2.5 $1.395M.

10 price changes: 1304 Sand Castle Rd 3/2 now $565K, 1973 Wild Lime Dr 4/3 now $729.9K, 434 Lake Murex Cir 4/3 now $899K, 1740 Middle Gulf Dr 3/3 now $920K, 938 Pecten Ct 3/2.5 now $1.049M, 641 Lake Murex Cir 4/3 now $1.09M, 824 Birdie View Pt 3/3 now $1.1M, 430 Glory Cir 4/4.5 now $1.395M, 1561 San Carlos Bay Dr 3/4 now $2.395M, 1133 Golden Olive Ct 3/3.5 now $2.436M.

3 new sales: 406 Lighthouse Way 3/3.5 listed at $649K, 617 Lake Murex Cir 3/2 listed at $797K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M.

2 closed sales: 1717 Atlanta Plaza Dr 2/2 $395K, 1643 Sand Castle Rd 3/2.5 $490K.

LOTS

2 new listings: 2297 Wulfert Rd $229K, 2933 Wulfert Rd $379K.

1 price change: 2372 Wulfert Rd now $159.9K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2625 2/2 now $635K.

No new or closed sales.

HOMES

1 new listing: 31 Urchin Ct 3/3 $995K.

2 price changes: 11530 Laika Ln 4/4 now $2.18M, 15819 Captiva Dr 5/4 now $9.6M.

No new sales.

1 closed sale: 44 Oster Ct 2/2 $1.025M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, Susan Andrews, aka SanibelSusan

Beach Access

A Happy Sanibel November Friday


As I was composing this today and had written “it’s another beautiful Friday on sunny Sanibel”, my teammate son reminded me that this afternoon is forecast to be the worst weather of the week. He’s funny. We really don’t have much bad weather. Sure, clouds are expected to roll in and breezes to pick up, with possibly a few showers expected by sunset, but isn’t that what keeps Southwest Florida tropical and green? It looks to be just another mini-cool front with temperatures not expected to get out of the 70’s here tomorrow. That’s not going to be hard to take and it sure beats the freezing temperatures expected in the mid-west and northeast. Here’s hoping you have good weather too!

Below are some photos taken yesterday at Sanibel Arms West by Jim Anderson with JMA Photography. Our new listing, gulfside #E2, has the lanai view shown bottom right.

On Halloween, I had a surprise office visit from a client’s twins who also stopped in five years ago – in costumes then too. How much they have changed! Time flies as they are grown-up young ladies now – and beautiful in their costumes. A good reminder to always enjoy smelling the roses along life’s journey.

 

Speaking of that, I had a quick working lunch today at Normandie Seaside Café at West Wind Inn. Still a favorite spot discovered during my first visit to the island 30-some years ago. The beach there was beautiful with waves rolling in and plenty of shellers searching for treasurers. The gals working the café and the nearby Upper Deck pool bar are a hardworking bunch and the food and service terrific. If you are ever looking for an out-of-the-way spot favored by locals, try them out. You’ll see plenty of islanders there for not just breakfast and lunch, but dinner too. I have seen Willard Scott there more than once. Normandie has an outstanding $22 Sunset Menu from 5-6 p.m. (Be sure to save room for the crème brulee or key lime pie. It’s included.)

SanibelSusan Realty Associates

Sanibelsusan LogoThough business has improved a little, the real estate world here still hasn’t rebounded from the summer water woes. Snowbirds continue to arrive, but phones aren’t ringing much. I was out showing a couple of times and again met with owners thinking of selling. Teammate Dave has been out showing too and three of us will be out showing this weekend. Sure hope some of these lookers are real buyers.

The action posted since last Friday in the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service follows a couple of news items below.

Sanibel & Captiva Islands Association of Realtors®

bill kristie becky 10-31-18

Association CEO Bill Robinson & Director Realtor Becky Mulka with Kristie

Representing the islands’ Association of Realtors®, I was honored to speak at Wednesday’s Farewell Luncheon at the Sanibel-Captiva Conservation Foundation for their retiring Education Director, Kristie Anders. When she saw it was me, Kristie jumped right in and mentioned that I donated the money for her to buy her first SCCF laptop for education. That was a very long time ago. Today with technology changes, she carries more than 40 huge presentations on a tiny flash drive that fits in her pocket.

If you have ever listened to Kristie, I am sure you also know what an amazing gal and teacher she is. If you are wondering how she has helped island Realtors®, below is what I said.

I am here to give a big thank you to Kristie for all she has done for the Sanibel & Captiva Islands Association of Realtors. We all know that Kristie is a terrific island steward & wonderful educator. What you may not know are the many times she has cooperated with our local Realtor organization, spreading her knowledge, & making us better stewards too.

For years, Kristie has taught a segment about SCCF at Sanibel & Captiva’s quarterly Orientation training for new Realtors.

Like most licensed professions, Continuing Education Classes are required of Realtors to keep their real estate licenses current. That curriculum & those approved to teach these classes must be approved by our state Realtor organization, Florida Realtors.

Back in the 90’s, Kristie worked with our Association in developing a 7-hour continuing class called Environmental Considerations of Coastal Living. The class was state-approved, as was Kristie, as a Florida Realtors instructor. Every summer since then, for 20-some years, she has updated the class & taught it. Her up-to-date info & passionate delivery so fire up attendees that many take her class every year, even if they don’t need educational credits.

With her help, the year after the class was developed, the Sanibel & Captiva Islands Association of Realtors won an annual state Education Award.

In 2006, our Association developed another educational program for Realtors wanting to specialize in Sanibel & Captiva real estate. Today, it’s a 12-part series that is offered every summer & takes several days to complete with those completing the program earning an island specialist designation. Kristie has been an integral part of that program too – again, each year updating & teaching a multi-hour module on conservation.

She also often has been a speaker at our Monthly Membership Meetings, offering introductory memberships to new island owners. She authored & currently is rewriting the “Story of the Islands” booklets that Realtors provide to prospective new islanders.

To say that Kristie has made us all smarter is an understatement. The Sanibel & Captiva Islands Association of Realtors will miss her but want to relay their heartfelt thanks & appreciation for all she has done & continues to do for us.

We have a little thank you for her including an association shirt. We hope with that she’ll agree to be an honorary member of our association & come back whenever she likes! Best wishes, Kristie!”

Florida Realtors® Signs Agreement with Panama RE Association

Florida Realtors logoToday in Boston at the National Association of Realtors® 2018 Conference and Trade Expo, “Florida Realtors® and the Panamanian Association of Real Estate Brokers and Promoters (ACOBIR) signed a Memorandum of Understanding establishing the cooperation of the two Realtor organizations in developing a mutually beneficial relationship for their respective association members. As posted on-line at FloridaRealtors®:

“”As professionals in the real estate industry, we take pride in providing our knowledge and expertise to clients in Florida, Panama and throughout the world,” says 2018 Florida Realtors® President Christine Hansen. “Florida Realtors and the Panamanian Association of Real Estate Brokers and Promoters share common goals. We look forward to continuing our partnership and building more connections that increase trans-national business opportunities for all of our members.”

Water Resources Development Act of 2018

EAA Project SCCF 2018From the Sanibel-Captiva Conservation Foundation’s (SCCF’s) email blast this week:

“With the President’s signature on the federal water bill – The Water Resources Development Act (WRDA) – the EAA reservoir is one step closer to providing relief to the Caloosahatchee and St Lucie estuaries and supplying needed water to Everglades National Park.

The bill authorizes the U.S. Army Corps of Engineers to begin work on the critical water infrastructure project south of Lake Okeechobee referred to as the EAA reservoir. The project will create a new outlet from Lake Okeechobee that will direct a significant amount of water south reducing the harmful, excess discharges to the Caloosahatchee and St. Lucie estuaries.

In the days ahead we will begin our work to press for project funding in the federal budget to keep the project moving forward.

Congratulations to everyone who stood up and spoke out in support of this critical step forward. Stay tuned!

The 324 page bill for water projects all across the nation is available online here.”

New Beach Cam at Casa Ybel Resort

Thanks to Froilan Ramirez (aka JR), the General Manager of Casa Ybel Resort for posting the link to their new beach cam. Check out how great the water looks. www.casaybelresort.com/web-cam

CasaYbelSanibel.jpg

Casa Ybel Resort pool & beach

Island Events

Center 4 Life Annual Trash & Treasures Sale –tomorrow, Sat Nov 3 from 9 a.m. to 2 p.m. at Island Seniors, 2401 Library Way. 

Flip Flop Family Scavenger Hunt – tomorrow, Sat Nov 3 to benefit Sanibel Sea School scholarship program. Starts at 10:30 a.m. at Sanibel Congregational Church

Sanibel Blues & Jazz FestivalSun Nov 4 in Bailey’s Backyard from 12 to 7 p.m. Tickets at Bailey’s General Store & https://www.eventbrite.com/e/sanibel-blues-jazz-festival-tickets-50608163379

37th Annual Taste of The Islandsto benefit CROW, Sun Nov 11 at Sanibel Community Park from 12:30 to 5 p.m. www.crowclinic.org/articles/37th-taste-of-the-islands

The LaunchSat Nov 17 Coastal Keepers fundraiser at The Community House from 6 to 10 p.m. More info & tickets at www.sancapcoastalkeepers.org/the-launch

Sanibel & Captiva Islands Multiple Listing Service Activity Oct 26 – Nov 2, 2018

Sanibel

CONDOS

1 new listing: Pointe Santo #B3 2/2 $729K.

2 price changes: Signal Inn #3 2/1 now $759K, Gulfside Place #121 2/2 now $1.298M.

4 new sales: Blind Pass #G201 2/2 listed at $479K, Sand Pointe #117 2/2 listed at $799K, Sundial #T402 2/2 listed at $855K, Sunset South #5D 2/2 listed at $1.189M.

No closed sales.

HOMES

8 new listings: 9465 Coventry Ct 3/2 $649K, 922 Pepper Tree Pl 2/2 $695K, 1441 Sand Castle Rd 3/2.5 $729K, 9447 Coventry Ct 3/2.5 $749K, 6033 Dinkins Lake Rd 3/3.5 $875K, 742 Sand Dollar Dr 2/3 $1.189M, 734 Pyrula Ave 3/2.5 $1.295M, 6425 Pine Ave 3/3 $1.779M.

9 price changes: 1611 Sand Castle Rd 3/2.5 now $479K, 1325 Par View Dr 3/3 now $672.5K, 1807 Serenity Ln 3/2 now $739K, 5280 Ladyfinger Lake Rd 3/2 now $789K, 660 Oliva St 3/3 now $869K, 1740 Middle Gulf Dr 3/3 now $940K, 1244 Par View Dr 4/3 now $1.149M, 2251 Starfish Ln 4/3.5 now $1.499M, 6071 Sanibel-Captiva Rd 5/4.5 now $2.595M.

1 new sale: 1286 Par View Dr 3/3 listed at $969K.

1 closed sale: 6192 Henderson Rd 4/4 $1.8M.

LOTS

Nothing to report.

Captiva

CONDOS

2 new listings: Bayside Villas #4204 1/2 $395K, Sunset Beach Villas #2216 1/1 $525K.

3 price changes: Beach Villas #2426 1/1 now $540K; Seabreeze #1253 3/3 now $1,899,999; Beach Homes 25 3/2 now $1.949M.

No new or closed sales.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 15843 Captiva Dr 3/3 $4.2M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, enjoy your week! Susan Andrews, aka SanibelSusan