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Marco Island Condos, Marco Island Real Estate, Marco Island Homes for Sale, Marco Island Luxury Homes

Waterfront Luxury Home Specialist

239.821.7926
Cathy.Rogers@Sothebysrealty.com

Selling A Home In Florida, The Freest State In The United States

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Are you considering selling a home in Marco, Island Florida? Worried about the news of a slower market? Luckily, our area of the country is doing better than most. Is it a coincidence that our state also happens to have been awarded the title of “The Freest State In The Nation” by a Cato Institute study? It seems like these two factors are feeding off of eachother. Actually, hundreds of people each day are migrating to Florida. The Cato Institute research indicates that the freedom factor is a large reason why people are choosing to buy a home in Florida.

The Research

The Cato Institute study ranked each U.S. state by “how its public policies promote freedom in the fiscal, regulatory, and personal freedom spheres.” We earned the number one overall title. And when broken down into categories, we won number one spots in four of them, plus seven Top-10 rankings in other categories.

We have less-restrictive policies. Other states more restrictive policies are said by the researchers to have harmed their economic growth. Our state offers more opportunity than others, and that’s encouraged the migration of people to Florida. Plus, more than $156 billion in annual income has also moved to Florida for our states tax benefits. This income has moved here from high tax states like New York. Florida’s state taxes are greater than a standard deviation and a half below the national average.

The authors wrote:

“Florida is one of the top states for educational freedom, although homeschool regulations remain substantial.”

“Florida does especially well on economic freedom, especially on fiscal policy,” the authors also wrote. “Regulatory policy is improved but mediocre in comparison to the fiscal side. Florida’s personal freedom has lagged in the past; however, it has improved a lot over the past two years.”

The study looked at taxes, government employment, spending, fiscal decentralization, and other factors.

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

Also, to stay current on the latest listing and community events, connect with your Marco Island area expert on Facebook or Twitter!

 

List Your Marco Island Home Today!

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Marco Island inventory of homes, lots and condos for sale was totaled at 838 as of a recent report. That’s down 16 percent from the same time last year. Marco Island home listings were down seven percent. Marco Island condo listings were fewer by 14 percent.

Meanwhile, list prices for homes on Marco Island ranged from $369,000 to $6.5 million. List prices on Marco Island condos ranged between $115,000 to $9.9 million!

It’s the perfect time to list your home with us. Interest rates are expected to rise, so potential buyers would be wise to get locked into a rate before they go up further. We would love to add to the inventory of available homes on the island. So, if you’ve been thinking of selling, get in touch right away!

5000 ROYAL MARCO WAY 330 $1,175,000

5000 ROYAL MARCO WAY 330 MARCO ISLAND, Florida

3 Beds 3 Baths 4,243 SqFt

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

100 N COLLIER BOULEVARD PH-3 $915,000

100 N COLLIER BOULEVARD PH-3 MARCO ISLAND, Florida

2 Beds 2 Baths 1,601 SqFt

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

824 E HIDEAWAY CIRCLE 341 $859,000

824 E HIDEAWAY CIRCLE 341 MARCO ISLAND, Florida

3 Beds 2.1 Baths 3,100 SqFt

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

900 S COLLIER BOULEVARD 210 $840,000

900 S COLLIER BOULEVARD 210 MARCO ISLAND, Florida

2 Beds 2 Baths 1,504 SqFt

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

220 S COLLIER BOULEVARD 703 $829,900

220 S COLLIER BOULEVARD 703 MARCO ISLAND, Florida

2 Beds 2.1 Baths 1,952 SqFt

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

1231 LAUREL COURT $2,549,000

1231 LAUREL COURT MARCO ISLAND, Florida

3 Beds 3.2 Baths 6,621 SqFt 0.400 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

1036 GOLDENROD AVENUE $799,000

1036 GOLDENROD AVENUE MARCO ISLAND, Florida

3 Beds 2.1 Baths 3,277 SqFt 0.200 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

372 ROOKERY COURT $749,900

372 ROOKERY COURT MARCO ISLAND, Florida

3 Beds 2 Baths 2,171 SqFt 0.250 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

1929 INDIAN HILL STREET 0 $1,800,000

1929 INDIAN HILL STREET MARCO ISLAND, Florida

0.480 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

641 BLACKMORE COURT 12 $999,000

641 BLACKMORE COURT 12 MARCO ISLAND, Florida

0.310 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

849 CAXAMBAS DRIVE 13 $865,000

849 CAXAMBAS DRIVE 13 MARCO ISLAND, Florida

0.990 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

341 HENDERSON COURT 12 $715,000

341 HENDERSON COURT 12 MARCO ISLAND, Florida

0.200 Acres

Listing courtesy of PREMIER SOTHEBY`S INTERNATIONAL REALTY

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

Also, to stay current on the latest listing and community events, connect with your Marco Island area expert on Facebook or Twitter!

Searching For Marco Island Area Property Tax Levies?

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Are you interested in comparing property tax levies for various areas of Florida? The State of Florida’s Property Tax Oversight (PTO) program maintains detailed records of all local government tax levies. This includes data reports and access to public tax roll data related to property taxes in Florida. You can also search property tax records by address directly using an online database search offered by the county.

If you are already in a home and feel that your home was not valued properly by the assessor, you can appeal the value. First, bring it up with your local agency of course. Marco Island residents pay their property taxes to the Collier County Tax Collector.

Florida’s Value Adjustment Board

The value adjustment board independent from the tax collection offices in the state. It provides a forum for property owners to appeal their property values. It also allows homeowners to appeal a denial of an exemption or tax deferral too. After contacting the local tax collection office, if you still feel you deserve an appeal, this is your forum.

The value adjustment board (VAB) hears appeals regarding property value assessments, exemptions, classifications, ad valorem tax deferrals and more. You can file a petition with the clerk of the VAB in the county where the property is located.

Are You Buying a Home on Marco Island?

Considering buying a home on Marco Island? We’d love to help you find one that’s just right for your needs.

First, check out available Marco Island area properties using this helpful search tool. If it’s easier, you can just call us at 239-821-7926 or get in touch with us online to let us know what you’re looking for. We’re happy to contact you however you prefer. Then, we’ll start searching our databases right away using criteria you specify!

In the meantime, you can also easily explore Marco Island real estate by price:

Also, to stay current on the latest listing and community events, connect with your Marco Island area expert on Facebook or Twitter!

Housing Starts Tick Lower; Building Permits Tick Higher

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Housing Starts 2009-2011Single-Family Housing Starts fell to a seasonally-adjusted, annualized 425,000 units in July, according to the Census Bureau.

A “Housing Start” is defined as a home on which construction has started and ground has broken.

Furthermore, Single-Family Housing Starts were revised lower for both May and June of this year, by 6,000 units and 2,000 units, respectively.

The data may be worthless, however.

Like in most months, the government’s official report states that the Housing Starts numbers have a margin of error exceeding their actual measurement. Mathematically, this renders the data statistically irrelevant.

  • July Published Results : +4.9%
  • July Margin of Error : ±8.9%

In other words, July Housing Starts made have increased by as much as 13.8%, or they may have dropped up to 4.0%. We won’t know for certain until several months from now, when the Census Bureau gathers more data.

Regardless, the trend in Housing Starts has been flat since last summer. July’s reading is in-line with the 12-month average and, not surprisingly, New Home Sales have been mostly flat over the same time span.

Also included in the Housing Starts report is the Building Permits tally. As compared to June, permits were higher by a half-percent nationwide, with varying results by region.

  • Northeast : +2.9 percent from June
  • Midwest : +0.0 percent from June
  • South : -1.4 percent from June
  • West : +4.9 percent from June

When permits are issued, 86 percent of them start construction within 60 days. This means that new home sales and housing stock should follow the Building Permits trend, but on a 2-month delay.

Expect improvement into the fall season.

Homebuilders Expect A Soft Winter Housing Market

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Homebuilder confidence 2009-2011

Two months after posting their worst confidence reading of 2011, home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide.

In August, for the second straight month, the Housing Market Index read 15.

The HMI is a monthly housing survey, published by the National Association of Homebuilders. It’s scored on a scale of 1-100 with readings over 50 suggesting favorable home builder conditions. Readings under 50 suggest unfavorable conditions.

The Housing Market Index has been below the 50-point benchmark since 2006.

To calculate the HMI, home builders are asked 3 separate questions, each addressing the different element of the new home sales business.

  1. How are today’s market conditions for the sale of new homes?
  2. How do you expect market conditions to be 6 months from now?
  3. How are the current foot traffic of prospective buyers?

Based on the August answers to these questions, builders are witnessing an improvement with the current market, partially fueled by low mortgage rates, but expect momentum to fade into early-2012.

As a home buyer in Naples , this may bode well for you. If you can wait to buy a home, you may find builders more willing to concede on price or upgrades.

The other side of that conversation, though, is that while you may save money on the home, you may lose it in your monthly payments. Rising mortgage rates can quickly zap your savings — adding tens of thousands in interest costs to your budget long-term.

For now, home prices remain low and mortgage rates do, too. Home affordability is at an all-time high. Take advantage of what the market gives you.

Contact Cathy


239.821.7926
Cathy.Rogers@Sothebysrealty.com