WASHINGTON – July 20, 2012
– Average rates on fixed mortgages fell again this week to record lows,
creating more incentive for buyers to enter the recovering housing market.
Mortgage buyer Freddie Mac
said Thursday that the average rate on the 30-year loan fell to 3.53 percent.
That’s down from 3.56 percent last week and the lowest since long-term
mortgages began in the 1950s.
The average rate on the
15-year mortgage, a popular refinancing option, declined to 2.83 percent, below
last week’s previous record of 2.86 percent.
The rate on the 30-year
loan has fallen to or matched record-low levels in 12 of the past 13 weeks.
Cheaper mortgages have
contributed to a modest housing recovery. Home sales fell in June but were up
from the same month last year. Home prices are rising in most markets.
Builders are putting up
more houses than they have in nearly four years, a long-awaited recovery that
could help energize the U.S. economy.
Low mortgage rates could
also provide some help to the economy if more people refinance. When people
refinance at lower rates, they pay less interest on their loans and have more
money to spend. Many homeowners use the savings on renovations, furniture,
appliances and other improvements, which help drive growth.
Still, the pace of home
sales remains well below healthy levels. Many people are still having
difficulty qualifying for home loans or can’t afford larger downpayments
required by banks.
And the sluggish job market
could deter some from making a purchase this year.
U.S. employers added only
80,000 jobs in June, a third straight month of weak hiring. The unemployment
rate was unchanged at 8.2 percent, the government reported last week.
Slower job creation has
caused consumers to pull back on spending.
Mortgage rates have been
dropping because they tend to track the yield on the 10-year Treasury note. A
weaker U.S. economy and uncertainty about how Europe will resolve its debt crisis
have led investors to buy more Treasury securities, which are considered safe
investments. As demand for Treasurys increase, the yield falls.
To calculate average rates,
Freddie Mac surveys lenders across the country on Monday through Wednesday of
each week.
The average does not
include extra fees, known as points, which most borrowers must pay to get the
lowest rates. One point equals 1 percent of the loan amount.
The average fee for 30-year
loans was 0.7 point, unchanged from last week. The fee for 15-year loans
slipped to 0.6 point, down from 0.7 the previous week.
The average rate on
one-year adjustable rate mortgages was unchanged at 2.69 percent. The fee for
one-year adjustable rate loans also stayed the same, at 0.4 point.
The average rate on
five-year adjustable rate mortgages dropped to 2.69 percent from 2.74 percent
last week. The fee was unchanged at 0.6 point.
2012 The Associated Press
Thursday, August 30, 2012
Monday, August 20, 2012
Around the Islands with Anne Mitchell
Barbecue lovers, listen up: You can now get your fix on
Sanibel at Island BBQ on Palm Ridge Road. This take-out restaurant offers free
delivery as well.
It’s located in the former Island Pizza space and, in
fact, is part of the Island Pizza family of restaurants. The chef is Jason
Joyce, a graduate of the Cooking and Hospitality Institute of Chicago. Joyce has
worked in restaurants in Chicago and the Virgin Islands before coming to Sanibel.
He said he uses hickory to smoke the poultry and beef.
The pulled pork is not smoked. However, it is cooked all night “low and slow.”
Joyce, himself a hunter and fisherman, says he wants
local anglers to know they can bring in their catch to be smoked. He also plans
to add smoked fish to the menu and wants to introduce catering such as a pig
roast on the beach or a “causeway cookout.” Joyce said, “We will do all the
permitting for beach barbecues.”
Prices for portions of barbecued meat or chicken run from
$6. A full rack of baby back ribs is $14 and a humongous turkey leg is $6. All
come with a side of the sauce of your choice, such as smoky, sweet vinegar and
spicy orange, all made from scratch.
Sides include macaroni and cheese, baked beans, mashed
potatoes, mixed veggies and corn on the cob, and are $2 to $3 for the small
size.
For beachgoers and picknickers, there are Beach Boxes.
For example, a full smoked chicken served with two large sides is $22, and a
half pound or pork and a half pound of chicken with two large sides is $20.
You can also get a house salads, pasta salad and potato
salad. The restaurant also serves Sanibel-made Back Porch Pies in pecan or Key
lime by the slice.
True to its heritage, the restaurant still has some pizza
choices on the menu – but now featuring its smoked and barbecued meats, such as
smoky brisket and red onions. Pizzas are $11.
Sanibel BBQ is at 2496 Palm Ridge Road, phone 472-3010
and 472-1023.
Still on the restaurant scene, The Timbers Restaurant
& Fish Market has declared Sundays as Prime Rib Night, offering a 12 oz.
serving for $22 while it lasts. Also, Shrimpfest is in full swing on Tuesdays
with such dishes as Coconut Fried Shimp, scampi, Thai, fra Diablo and others
for $15 each.
Timbers is at 703 Tarpon Bay Road, Sanibel, phone
472-3128.
Sister restaurant Matzaluna The Italian Kitchen is
celebrating Wine Wednesdays with $8 off any bottle costing $25 or more all
evening. Also, present the ad from the Island Sun and get $2.50 off each adult
entrée if you’re seated before 5:30 p.m.
Matzaluna’s is at 1200 Periwinkle Way, Sanibel, phone
472-1998.
Traders diners, it’s that time of year again for this
popular restaurant to take its summer break. So stop in for lunch, dinner or
happy hour this week. Traders closes after business on Saturday, August 18 and
will reopen Wednesday, October 3. The staff will take a well-earned rest during
the quiet time of year on the islands.
Traders is at 1551 Periwinkle Way, Sanibel, phone
472-7242.
Summer hours at Cip’s Place are 11 am. To 9:30 p.m.
Monday through Saturday for lunch and dinner and 4 to 9 p.m. Sundays, dinner
only. Indoor and outdoor seating is available and happy hour is from 4 to 6
p.m. There’s entertainment Saturdays from 6 to 9 p.m. Cip’s Place is at 2055
Periwinkle Way, Sanibel, phone 472-0223.
Sanibel Fish House also has summer hours. It’s open daily
from 5 to 10 p.m. with happy hours from 3 to 6 p.m. Monday through Saturday and
all day Sunday.
Buy an entrée and receive a free glass of house wine,
domestic draft or well drink, or a slice of Key lime pie.
Sanibel Fish House is at 1523 Periwinkle Way, phone
472-7770.
George & Wendy’s Sanibel Seafood Grille is showing
all NFL pre-season games on TV and is serving food and drink specials. The
grill is home to the Chicago Bears and Buffalo Bills fan clubs and also has a
game room.
It is located at 1263 Periwinkle Way, Sanibel, phone
395-1263.
LIVE ON THE ISLANDS
Traditions on the Beach at the Island Inn will celebrate
its second anniversary on Wednesday, August 22 with the Traditions All Star
Jazz Band entertaining patrons in the gulf-front dining room.
The rest of this week’s lineup at Traditions is: Friday,
dancing to Joe McCormick and singer Barbara Smith; Saturday, Joe McCormick and singer
Marvilla Marzan; Thursday, dancing to “Pianoman” Joe McCormick with popular
favorites and smooth vocal stylings, R&B, jazz and pop. Traditions is at 3111
West Gulf Drive, phone 472-4559.
Sweet Melissa’s Café features Michael David playing light
acoustic background music Wednesday through Saturday from 6:30 to 9:30 p.m. Sweet
Melissa’s is at 1625 Periwinkle Way, Sanibel, phone 472-
1956.
The Crow’s Nestat ‘Tween Waters Inn will feature Bad Banditos
on Friday and Saturday from 9 p.m. to 1 a.m. The Crow’s Nest is at 15951 Captiva
Drive, phone 472-5161.
George & Wendy’s Sanibel Seafood Grille has live
entertainment as follows: Friday, Anthony Wayne; Wednesday, Bill Metts, folk
guitar; and Thursday, Karaoke. The restaurant is at 2499 Periwinkle Way, Sanibel,
phone 395-1263.
The Jacaranda has entertainment nightly from 7 to 11 p.m.
On Friday and Saturday, various artists are featured. On Sunday, it’s Jamaica
“Dave” & Co., reggae and dance; Monday, Renata, jazz, contemporary music
and dance; Tuesday, Steve “Scooter” Reynolds, accoustic guitar, contemporary
music and dance;
Wednesday, Buckeye Ken, contemporary, Top 40 and blues;
Thursday, 2 Hot, contemporary, reggae and dance. The Jacaranda is at 1223
Periwinkle Way, phone 472-1771.
The Mucky Duck on Andy Rosse Lane, Captiva, features
music by Mark Dupuy on Mondays; Rich Lancaster, Wednesdays; Gene Federico,
Thursdays and Saturdays; and Buckeye Ken, Fridays.
The Island Cow on Periwinkle Way has live entertainment
on Friday with Dan Confrey; Saturday, Diana Lynn; and Sunday, Buckeye Ken.
Phone 472-0606.
RC Otter’s, 11506 Andy Rosse Lane, Captiva, has live
music daily with dining inside and out, phone 395-1142.
Keylime Bistro features live music days and nights seven
days a week. New to the line-up is Ken Limeri playing jazz sax from 6 to 10
p.m. every Tuesday. The bistro is at 11509 Andy Rosse Lane, Captiva, phone
395-4000.
Saturday, August 18, 2012
American Legion Post 123 News
The Sunday, August 19, the American Legion Post 123 and S.A.L.
is hosting a fish fry fromm 1 to 8 p.m. Cost is $10 per person
The
following Sunday, August 26, dinner at Post 123 will feature BBQ ribs and
chicken served from 1 to 8 p.m.
Every
Monday night, Post 123 hosts 9-Ball Pool Tournaments starting at 6 p.m. This
week’s winner of the first match was John Earle while Kevin Pottorf took
second. Jack Dalton won the second match, with Gator Gates as the runner-up.
Texas
Hold’em is played every Thursday at 7 p.m. and Saturdays at 4:30 p.m. New
players are always welcome.
Every
Friday, a six-ounce ribeye stead sandwich is on the menu all day. Other items include
a half-pound burger. Stop in and check out the daily special. Food is served
every day and the public is welcome.
American
Legion Post 123 is open Monday through Saturday from 11 a.m. to 9 p.m. and is
located at Mile Marker 3 on Sanibel-Captiva Road. For more information, call
472-9979.
Island Sun (August, 12, 2012)
Thursday, August 16, 2012
Saturday Night Prom to Benefit the Sanibel PTA
Start practicing your dance
moves so you can show them off at Saturday Night Prom, a disco-themed fund
raiser inspired by the classic movie Saturday
Night Fever. Join the Dunes Gold
& Tennis Club and The Sanibel School PTA as they co-host a night of dancing
and good times on Saturday, September 8 at 7:30 p.m. The event will be held at
The Dunes.
Last
year’s Sanibel Prom was a night to remember, and organizers are working hard to
make sure this year’s fundraiser is just as memorable.
“We
have lots of surprises planned that will keep people on the dance floor,” said
Denise McKee, The Sanibel School PTA President. “This part isn’t just for
school parents – we’re hoping for a great turnout from our entire community.
So, come catch Saturday Night Fever
as we hunt for our island’s own Tony Manero and Angie!”
Saturday
Night Prom will feature a DJ, light hors d’oeurves and a cash bar. Dress is
retro formal or Sanibel formal.
Tickets
are $25 per person and may be purchased through The Sanibel School as well as
The Dunes on the night of the event. Guests must be 21 and older to attend. All
proceeds to benefit The Sanibel School.
Contact
Patty Holston via email at thesanibelprom@gmail.com for more information.
Island Sun (August 17, 2012)
Island Sun (August 17, 2012)
Tuesday, August 14, 2012
Feature Property!
An amazing opportunity on a great beach condo! Live the Sanibel dream in the great 2 bedroom 2 bath condo. Complete remodel with wonderful high end finishes. This condo offers expansive views of wildlife along the Sanibel River from the beautiful glassed in lanai. The screened lanai off the bedrooms offers a peak of the Gulf which is just steps from your front door. A one car garage and large finished storage room finish off this great space. Wonderful complex with great amenities. Call John today for a showing 239-560-4960.
Click Here to link to this property directly.
Click Here to view John Petel's website.
Click Here to link to this property directly.
Click Here to view John Petel's website.
Monday, August 13, 2012
John Petel - Testimonials
Have you heard some great things about John Petel? If you're looking for an experienced agent who knows the Sanibel and Southwest Florida market well you should turn to John Petel, and here's why.
"We found John to be a great help in finding the right condo.He spent a
lot of time with us and we never felt he was frustrated with our vision of what
we wanted.We would highly recommend him." Fort Myers, 2011
"We purchased our beautiful condo in April 2012 with a short time frame
and a large dog and one cat, which made it all the more difficult to find a
place, but John worked diligently to find us the perfect home, close to Fort
Myers Beaches, Sanibel Island, and all in record time. We really appreciate all
his hard work. John is very informed, thorough, professional, easy to work with and we
consider him our friend and would highly recommend him to anyone looking to buy
a home. Thanks John" Denis & Diana, 2012
"John represented us well before, during, and after the purchase of our
home. He is not only honest and trustworthy, but very competent in all aspects
of residential realestate. I highly recommend John Petel." John, 2011
Call John at 239-560-4960
Click Here to view John Petel's website.
Sunday, August 12, 2012
Around the Islands with Anne Mitchell
Pull Up A Chair At Pinocchio’s; Nanny’s Summer Sale Is
On; Island Paws Has Your Dog Breed
Customers who already enjoy Pinocchio’s
Homemade Italian Ice Cream can now kick back and have ice cream or a cool drink
in comfort thanks to the new outdoor seating.
The owners have added brightly colored
Adirondack-style chairs and small tables to the covered deck, where earlier
this week the Wilson family from Dorsey, Illinois sampled their first taste
of the frozen dessert.
These chairs are comfortable,”
said 11-year-old Andrew.
His mother, Theresa Wilson, said
a friend who was on Sanibel two weeks ago told her Pinocchio’s was a must-visit
so they stopped during their bike ride for four ice creams.
Pinocchio’s and its sister store,
Gepetto’s Beach Foodies, are located at 362 Periwinkle Way on Sanibel’s east
end, phone 472-6566.
Show your love of the island by
sporting an I (HEART) Sanibel sticker on your vehicle. These decals are printed
in green to indicate that 70 percent of the island is conservation lands. When
you peel off the backing, underneath is information about Sanibel.
The stickers are available from
Bailey’s General Store, Jerry’s Foods, MacIntosh Books, Sanibel
Recreation Center, Suncatcher’s Dream and Tuttle’s Sea Horse
Shop.
Speaking of stickers, you can
also display your favorite dog breed on your vehicle. Choose from a huge selection
at Island Pawsthat proclaim, for example, My Cocker Spaniel (Loves) Sanibel
Island. Just about every popular dog breed is represented.
Also depicting dog breeds is a
collection of canvas totes. There are also large decorative signs – perhaps for
your deck, patio or bar – from the Top Dog Inn, where “beerhounds” of many stripes
are said to be welcome.
Island Paws may have a lot of
fun stuff, but the owners take proper nutrition very seriously and as a
customer, I know they research foods before they put them on the shelves. There
are many choices of cereal-free, organic foods for dogs and cats, many with
meats such as bison, venison, salmon and duck.
There is also a selection in the
freezer of raw foods, which are growing in popularity.
You’ll also find nutrition
supplements items such as glucosamine and chondroitin, which has worked wonders
on my 12-year-old dog’s creaky joints, and organic coconut oil for healing.
Instead of giving your dog drugs
for anxiety, try the Thunder Shirts that claim to help with fear of
noises, car rides, leash pulling and other issues.
Island Paws is in the Old House
Shops at 630, Tarpon Bay Road, Sanibel, phone 395-1464.
Nanny’s children’s boutique is
having its summer sale, offering 30 to 50 percent off this season’s
merchandise as the new fall collections start arriving. The
sale includes clothing, swimwear and shoes.
Hurry in, because owner Jan
Gabrielson is closing August 11 through September 7. And when
she returns, she has big plans for the old-style cottage
that houses the store.
I am turning one entire room
into a book room,” she said. “Also, I will have an infants’ boutique in the
back room.”
Meanwhile, there are lots of
cute children’s items in the store from ballet slippers to purses to T-shirts
and dresses, watches, sun hats and toddler’s swim shorts with built-in diaper.
Also check out the early fall arrivals for boys and girls.
Nanny’s is in Sanibel Square,
2340 Periwinkle Way, phone 472-0304.
Dine at The Old Captiva House at
‘Tween Waters Inn Sunday through Thursday and receive a free bottle of house
wine (one per two entrees) or a free dessert with your meal. For reservations,
call 472-5161 ext. 421.
Sister restaurant The Crow’s
Nest, also at ‘Tween Waters Inn, offers a prime rib special for two on Tuesdays
for $29.95, surf and turf on Wednesdays for $24.95, a fish fry on Fridays for
$17.95, and barbecue Sunday for $17.75.
Play a round of golf at
Beachview Golf & Tennis Club for a special price of $40 before 3 p.m. Play
after 3 p.m. and it’s $35. Just present the advertisement from the Island Sun.
Call 472-2626 for more information.
LIVE ON THE ISLANDS
The Crow’s Nest at ’Tween Waters
Inn will feature The Sand Fleas on Friday and Saturday August 3 and 4, and
Taylor Stokes on Tuesday and Wednesday from 9 p.m. to 1 a.m. Crab races are
Mondays and Thursdays. The Crow’s Nest is at 15951 Captiva Drive, phone
472-5161.
Traditions on the Beach at the Island
Inn has live entertainment most nights. This week’s lineup includes: Friday, dancing
to Joe McCormick and singer Barbara Smith; Saturday, Joe McCormick and singer
Marvilla Marzan; Wednesday and Thursday, dancing to Joe McCormick with popular
favorites and smooth vocal stylings, R&B, jazz and pop. Traditions is at
3111 West Gulf Drive, phone 472-4559.
Sweet Melissa’s Café features Michael
David playing light acoustic background music Wednesday through Saturday from
6:30 to 9:30 p.m. Sweet Melissa’s is at 1625 Periwinkle Way, Sanibel, phone
472-1956.
George & Wendy’s Sanibel Seafood
Grille has live entertainment as follows: Friday, Anthony Wayne; Wednesday,
Bill Metts, folk guitar; and Thursday, Karaoke. The restaurant is at 2499
Periwinkle Way, Sanibel, phone 395-1263.
The Jacaranda has entertainment nightly
from 7 to 11 p.m. On Friday and Saturday, various artists are featured. On Sunday,
it’s Jamaica “Dave” & Co., reggae and dance; Monday, Renata, jazz,
contemporary music and dance; Tuesday, Steve “Scooter”
Reynolds, accoustic guitar, contemporary music and dance; Wednesday, Buckeye
Ken, contemporary, Top 40 and blues; Thursday, 2 Hot,
contemporary, reggae and dance. The Jacaranda is at 1223
Periwinkle Way, phone 472-1771.
Traders Store & Cafe
features music by Chris Workman Wednesdays from 7 to 10 p.m. and Danny Morgan and
Friends on Tuesdays and Thursdays from 7 to 10 p.m. Traders is at 1551 Periwinkle
Way, phone 472-7242.
The Mucky Duck on Andy Rosse Lane,
Captiva, features music by Mark Dupuy on Mondays; Rich Lancaster, Wednesdays;
Gene Federico, Thursdays and Saturdays; and Buckeye Ken, Fridays.
The Island Cow on Periwinkle Way
has live entertainment on Friday with Dan Confrey; Saturday, Diana Lynn; and Sunday,
Buckeye Ken. Phone 472-0606.
RC Otter’s, 11506 Andy Rosse Lane,
Captiva, has live music daily with dining inside and out, phone 395-1142.
Keylime Bistro features live
music days and nights seven days a week. New to the lineup is Ken Limeri
playing jazz sax from 6 to 10 p.m. every Tuesday. The bistro is at 11509 Andy
Rosse Lane, Captiva, phone 395-4000.
Friday, August 10, 2012
Island real estate market stays strong at halftime
By Jay Richter
Real
Estate customers are in the locker room. Now it’s the commentator’s turn. What
just happened? What plays are working?
Okay,
let’s take a closer look and focus on the second quarter. Overall, sales remain
strong and inventory continues to diminish.
Sanibel
had some big plays - $10 million sales (two over $4 million on the Gulf). John
R. Wood Realtors recorded the largest bayfront sales in 2 ½ years.
The
go-to subdivision was the Dunes with eight sales. For Sanibel condos, sales
prices under $800,000 lit up the scoreboard, up 48 percent over the second
quarter last year. The number of Sanibel condo units that sold is the best in
seven years.
Captiva
residential sales essentially are tied with last year, but condominium sales
essentially are tied with last year, but condominium sales in South Seas
achieved their best performance since 2005.
Fort
Myers shows a positive average price increase of 12.1 percent, which ranked it
No. 1 in the top 12 cities where the home prices have risen the most. (Jan.12
Kiplingers Report)
Wood’s
brand in Naples reported five consecutive years of increases in second quarter
sales in the MLS of Bonita-Naples. Sales of properties priced above $1,000,000
remained strong with 309 closings in just the second quarter, up 12 percent
over last year.
The
Wall Street Journal reported in May: “If you’re thinking of buying a second
home in the next five years, this might be your best opportunity.”
In Southwest
Florida, more and more neighborhoods and condo complexes are achieving a
balanced market (a one-year supply), with a growing number moving into a
shortage. Nationally, USA Today reported on May 25 that the number of homes in
April hit a 6.6 month supply, down from 9.1 a year ago.
Stable
prices (for now, at least) along with low mortgages rates create a favorable
environment for the astute buyer. Both buyers and sellers should seek specific
information from real estate professionals on changing market conditions in
areas which they have an interest.
Sanibel-Captiva Islander
(August 3, 2012)
Thursday, August 9, 2012
Bag Day marks the end of summer at Noah’S Ark
By Shannen Hayes
Noah’s
Ark Thrift Shop started on a front porch. Today it thrives in a large building
behind the St. Michael & All Angels Episcopal Church, 2304 Periwinkle Way.
Through generous donations the Ark has become a place where nearly any
good-quality used items can be found – from clothing and household items to
books and small furniture.
“We
have been very fortunate and received good donations this summer,” said
volunteer Jane Adams.
Customers
come from both on and off island, including island visitors who make it part of
their vacation, to shop at the thrift store. On Aug. 10, Noah’s Ark will
celebrate the end of summer season with its annual bag day from 9:30 a.m. to
12:30 p.m. Customers will purchase marked bags for $3 in the parking lot and
then fill them with items they choose from the store. Items that do not fit in
the bag will receive an 80 percent off discount.
“It’s
over quickly,” said many of the volunteers about bag day. “There is a long line
early and for the first hour it’s very busy.”
While
bag day shoppers nearly clear the shelves, any remaining items are bagged up
and donated to other charities in need. The Ark is then closed for cleaning and
repairs, which means donations will not be accepted until Sept. 1. Noah’s Ark
will reopen for the winter season from 9:20 a.m. to 12:30 p.m. Tuesdays and
Fridays beginning Oct. 2. In November, the thrift store will return to its
regular schedule of 9:30 to 12:30 p.m. Monday through Friday and the first
Saturday of each month.
Noah’s
Ark is run by the Episcopal Church Women’s (ECW) group at St. Michael & All
Angels Church and staffed by volunteers from the church. Most of the store’s
proceeds benefit those less fortunate – locally and globally. Local
contributions include Brightest Horizon in Fort Myers, FISH of Sanibel, Harry
Chapin Food Bank, Sanibel Sea School for a PACE scholarship and many other
organizations.
“We
are hoping next season is just as good as this season,” said Adams.
Sanibel-Captiva Islander
(August 3, 3012)
Tuesday, August 7, 2012
Feature Property
14201 Patty Berg Drive #202
Beautiful 2 bedroom/2 bathroom condo with over 1300 sq ft of living space. Located in the convenient neighborhood of Cypress Lake Country Club Villas this property offers a carport and outdoor storage closet! Close to shopping, restaurants and beaches!
Call John today to schedule at showing 239-560-4960
Well priced at $134,800
Click Here to view this property.
Click here to view the Team Petel website.
Beautiful 2 bedroom/2 bathroom condo with over 1300 sq ft of living space. Located in the convenient neighborhood of Cypress Lake Country Club Villas this property offers a carport and outdoor storage closet! Close to shopping, restaurants and beaches!
Call John today to schedule at showing 239-560-4960
Well priced at $134,800
Click Here to view this property.
Click here to view the Team Petel website.
Sunday, August 5, 2012
John R Wood - Performance Counts! 2nd Quarter Info
An Update of
Southwest Florida Real Estate
How do we determine whether we are in a Buyer’s, Seller’s
or Balanced market? One of the best indicators is to calculate the average time
it takes for a property to sell. We call this the Absorption rate: (It is the number
of homes or condos on the market for sale at any time, versus the number of
sales in the past year). We are reaching a balance market of about a 1 year
supple. Overall, inventory of homes and condos is down considerable which has
stabilized pricing and even shown some upwards movement. The Sanibel Board of
Realtors showed a 6% increase in sales volume during the second quarter of 2012,
while John R wood was up 16%. We also lead all other Real Estate companies on
the islands by selling more of our own listings in-house than any other
company.
Sanibel &
Captiva Islands
·
10 million dollar plus sales with two sales of
gulf front homes sold at over $ million.
·
Condo sales of those priced under $800,000 were
up 48% year to year in the 2nd quarter.
·
The number of condominiums sold in the second
quarter was the highest in 7 years!
·
While Captiva single family homes were about the
same as last year, South Seas Resort condo sales were the best since 2005.
Fort Myers and
Southwest Florida
·
Fort Myers pricing increased 12% year to year
according to the Kiplinger Report.
·
Greater Fort Myers led the nation in cities
where home prices increased the most.
·
309 Sales priced above $1 million in the
Naples/Bonita market equaled a 12% gain.
Choose a Realtor who works with the best! Choose John Petel with John R. Wood.
Call John at 239-560-4960 or visit our website at www.teampetel.com
Saturday, August 4, 2012
Bank Again Sponsors Taste of the Islands
The Clinic for the Rehabilitation of Wildlife (CROW) announced
that Bank of the Islands/Edison National Bank will again be the presenting sponsor
for the Taste of the Island on Nov 11.
This is the third year in a row that the bank has led the
sponsorship of the major fund-raising event for CROW.
Rob Lisenbee, vice president and office manager of the
Bank of the Island on Sanibel said, “The Officers and Staff of bank of the
Islands/Edison National Bank are pleased and excited to be the presenting
sponsor again this year of CROWs Taste of the Islands. We have enjoyed
partnering and participating in the Taste of the Island for the past 13 years.
We encourage everyone to be involved with this worthwhile event.
Over the years, the bank’s support has been both important
and creative for the Taste. Among the man helpful elements was providing RV
trailers to secure and count the money for the event when it was held at
Algiers Park. Since that time, the bank developed the idea of “CROW bucks,” the
currency now used at the Taste. Additionally, the bank arranges for the
printing and accounting of that currency.
Thursday, August 2, 2012
Beach Boxes to Saucy Barbecue – Island BBQ Company Offers It All
The Island BBQ Company opened its doors June 22 in the
former Island Pizza Company located at Palm Ridge Road.
Menu items include pulled pork and chicken, chopped
brisket, smoked chicken, beef brisket and baby back ribs. The Island Pizza Co.,
with a location still on Periwinkle Way, teamed up with Island BBQ to create
barbecue pizzas that are topped with some of the meat and sauce choices.
Executive chef and general manager Jason Joyce prepares
each of the five sauces – Island Sauce, a sweet tomato-based sauce spiked with
rum and pineapple; Smokey Sauce, a smokey tomato-based sauce that’s great on
ribs; Sweet Vinegar Sauce, Carolina style with a bite; Mustard Sauce, a bit
sweet, this honey mustard sauce is great on pulled chicken; and Spicy Orange, intense
orange with a bit of spice.
“People like options,” said Joyce about his variety of
sauces. “I like to mix it up with the familiar and unfamiliar.”
A graduate of the Cooking and Hospitality Institute of
Chicago, Joyce uses a three-day smoking process on the meats and most of the
menu items, from the pies to the pasta, are made fresh daily. Beach-goers can
grab a beach box, which includes choices of meats and two sides – mac and
cheese, baked beans, mashed potatoes, cole slaw, mixed vegetables, corn on the
cob, cornbread, Texas toast or a Kaiser roll.
“My favorite meal is the hickory smoked chicken with mac
and cheese,” said Joyce, whose creations are often inspired by his work in the
Virgin Islands. “That has helped me feel more connected to (Sanibel) island.”
Island BBQ also offers gluten-free options and no fried
foods are on the menu. In its banquet hall at Beachview Golf Club, Island BBQ
can cater a party for up to 184 people. Ask about the “take and bake” meals,
too.
The Island BBQ Company is open from 10:30 a.m. to 5 p.m.
Monday through Saturday and closed on Sundays during the summer season. It is
take-out or delivery only. Call 472-3010 or 472-1023 to place an order or just
walk in at 2496 Palm Ridge Road.
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