Archives for April 2014

Who Sells Real Estate on St. George Island?

Prudential Shimmering Sands Realty continues to be the real estate leader on St. George Island with a 43% market share, year to date, in both dollar volume and number of transactions closed.  Second place is Century 21 Collins Realty with a 17% market share, and third place is Fickling & Company with a 13% market share.  Six other companies comprise the remaining 27% of activity on SGI.

I am happy to report that I rank third, in dollar volume, of the 30 agents who have closed transactions on St. George Island year to date.   And, I rank fourth in number of transactions closed.

This data is derived from the Multiple Listing Service of the Realtor Association of Franklin & Gulf Counties as of April 26, 2014.

 

Sales Remain Strong on St. George Island

Year to date real estate sales on St. George Island show an increase of 7% in the total number of transactions closed.  In 2013, there were  46 transactions closed January 1-April 25; in 2014, there were 49.  The dollar volume of sales for this period in 2014 is $16,679,700, a 4% decrease from 2013.  Based on the number of transactions closed, the lowest year for St. George Island was 2008 when only 20 transactions closed.  See chart for details.

Spectacular Bird Fall Out on St. George Island

For the past few days, St. George Island has been experiencing an incredible spring “fall out,” bringing a huge number of migrants to the area.  In birding terms, fall out is a mass of birds that is exceptional in both number and diversity that descends on a locale as a result of seasonal or meteorological forces.  More images are found when you click “Read More” below.  This spring fall out is much greater than normal and includes warblers, tanagers, buntings and orioles (to name a few) in full breeding plumage and song.  My husband John has been busy photographing these delightful visitors.

Indigo Bunting (c) John B. Spohrer, Jr.

Indigo Bunting (c) John B. Spohrer, Jr.

 

Baltimore Oriole (c) John B. Spohrer, Jr.

Baltimore Oriole (c) John B. Spohrer, Jr.

Orchard Oriole female (c) John B. Spohrer, Jr.

Orchard Oriole female (c) John B. Spohrer, Jr.

 

Prothonotary Warbler (c) John B. Spohrer, Jr.

Prothonotary Warbler (c) John B. Spohrer, Jr.

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.

Ruby-throated hummingbird, female. (c) John B. Spohrer, Jr.

Ruby-throated hummingbird, female. (c) John B. Spohrer, Jr

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

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%.

Prudential Shimmering Sands Realty

It’s Really Spring!

Spring is a wonderful time to be here on St. George Island and along the coast of Florida.  Wildflowers are in bloom.

Florida Flame

Florida Flame

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