Welcome to my Blog about St. George Island Real Estate
This blog includes points of consideration for both buyers and sellers that I have found important in my 33 years of island real estate experience. I give my views of the market and where it's heading and why. I highlight listings and trends, and spotlight the community. If you have questions, please send them in. Thanks for joining me!
Helen Spohrer, CCIM, Realtor, Prudential Shimmering Sands Realty
From the Blog
Hummingbird Nest. It’s Spring!
04-13-14. Ruby-throated hummingbird, female, sitting on nest, Franklin County, Florida. (c) John B. Spohrer, Jr. The spider webs are construction materials she has gathered for nest building. … [Read More...]
New Rules for Seller Financing
If you are offering seller financing for your real estate, you should be aware of new rules that went into effect in January per the 2010 Dodd Frank Act that classify certain sellers who finance transactions as loan originators. Please click on this link for more information. https://www.dropbox.com/s/owqehiovzhk063t/seller%20financing%20loan%20originator%20rule.pdf … [Read More...]
Sales Activity is Up on St. George Island!
Good news for the real estate market on St. George Island based on first quarter reports from the MLS of the Realtor Association of Franklin & Gulf Counties. Sales activity increased 38% during the first quarter of 2014 compared to the same period in 2013. In 2014, 40 sales transactions closed on St. George Island, including residential, lots and commercial, compared to only 29 during the same period in 2013. Inventory has increased 8%. … [Read More...]
President Obama Signs New Flood Insurance Law
The Homeowner Flood Insurance Affordability Act was signed today by President Obama. This bipartisan bill limits premium increases, stops FEMAs ability to increase premiums when a property is sold and provides for some refunds. This is good news for coastal property owners. Here is a video discussion of the new law by the National Association of Realtors. Click "Read More," then click the link to view: http://bcove.me/kfurjbif … [Read More...]
