Posts Tagged ‘Florida Waterfront Living’

Who’s Buying Punta Gorda Real Estate These Days?

Tuesday, September 8th, 2009

We have seen a bit of a shift in the type of buyer for the Punta Gorda – Port Charlotte market buyer over the past year.  I do not think that this is a long-term/permanent change but it has definitely affected our sales somewhat.  In the past, a percentage of our typical buyers were “snow-birds” or seasonal buyers.  These were buyers who would come down to our area and buy a home or condo to use during the cold winter months up north.   Typically, they would arrive in November and leave in April.  Our market still has many of these property owners.   Unfortunately, over the past year, that number has not grown much.

The percentage of sales to end-users (full-time residents) has risen in comparison to the snow-bird buyer.  This is due simply to the national economy.  A second home/seasonal purchase is a discretionary expenditure.  We all may want a second or third home but none of us NEED it.  With the economy as uncertain as it currently is, many of the potential snow-bird buyers are telling us that they are going to wait a year on the sidelines and rent for a season until they know how things are going to shake out.  Many have the resources and desire to purchase a property in Punta Gorda/ Port Charlotte but are nervous about their retirement accounts or how long that they will continue to be employed.  With concerns like those, it is easy to understand why they are not jumping into a large discretionary purchase.

A positive aspect to this is that the seasonal rental market is stronger.  When talking to rental agents or investors who have seasonal rental property, they have all stated that their inquiries are up this year and that they are holding much tighter on prices.  That is good for our market because it shows that we are still a desirable place.  When the national economy stabilizes, I am hopeful and expectant that many of these “on the sideline” potential snowbirds will turn into buyers and provide a boost to our overall market.

Visit our Punta Gorda Real Estate website for more information on the Punta Gorda/Port Charlotte area. View available listings, read about neighborhoods or learn about our lifestyle.

Punta Gorda Remembers Charley

Wednesday, August 12th, 2009
Honoring the Community that Survived & Thrived

Honoring the Community that Survived & Thrived

As Punta Gorda prepares to mark the 5th anniversary of Hurricane Charley, the St. Petersburg Times published a nice article on Punta Gorda comparing then and now. It seems like more than 5 yrs have passed to those of us who were here on that fateful day in August 2004. However, the changes and improvements that have happened in the aftermath of that category 4 storm leave many to say that hurricanes really are nature’s loofah. Scrubbing away the old and unsightly and bringing out the true beauty of  this quaint, boating town nestled on the banks of Charlotte Harbor. Don’t get me wrong, it was very difficult in the weeks and months that followed the storm but we made it through. But, those dark days feel like an eternity ago.

From a real estate perspective, Hurricane Charley did two things: First it gave the community national attention. Secondly, it gave almost all of the houses in Punta Gorda Isles and Burnt Store Isles a facelift (i.e. new roof, exterior paint and pool cage). We affectionately called that the ‘PGI package’. Of course, many people faced more repairs than those three but overall the community looks very good with lots of curb appeal.

Visit our website to learn more about Punta Gorda real estate.

Interactive Fountains at Laishley Park

Monday, June 22nd, 2009
The Interactive Fountains

The Interactive Fountains

This truly unique area at Laishley Park is for the kid in all of us. Recently I took my daughters here to have a one-of-a-kind water experience.  It mixes all the fun of a backayard sprinkler with the beauty of the Bellagio’s famed fountains. The interactive fountains have seating for parents, a neighboring play area and offer lots of fun for kids of all ages.

Redfish Festival and Fishing Competition

Monday, May 4th, 2009

Punta Gorda recently saw the kick off of the seventh annual Redfish Cup. The Redfish Cup coincides with our city’s Redfish Festival and Punta Gorda has the distinction of being the only permanent stop for the circuit. Ask any of the anglers and they’ll tell you that the Punta Gorda/Port Charlotte area knows how to treat its boaters.  There are celebrations, kids events and even dog jumping contests that all happen around the actual fishing tournament providing lots of excitement and entertainment for locals and visiting fishermen alike. Read more about the 2009 Redfish Cup event in Punta Gorda or the 2008 Redfish Cup event to learn more about the festival.

Unofficial End of ‘Season’ for Punta Gorda Real Estate?

Sunday, April 12th, 2009

Easter weekend, for many people, marks the unofficial end of ‘season’ for many snow-birds and soon-to-be snowbirds. However, our stats show that the ‘season’ doesn’t directly correlate to any real estate seasonality that may occur. Historically, as many homes sell during the summer as they do during the winter months. Late August and September tend to be our slowest months with an uptick seen in October.

Tigers-Red Sox Spring Training 2009

Monday, March 23rd, 2009
Enjoying Great Seats!

Enjoying Great Seats!

Just got back from a Tiger’s Spring training game thanks to tickets from a friend in Ft. Myers. My daughter and I enjoyed the fantastic seats and beautiful weather while we watched the mighty Tigers battle the Red Sox. Spring training is just one of the great things about winter in Florida. The warm weather and sunny skies allow for just about any outdoor activity this time of year.

Find out if Punta Gorda offers the right lifestyle for you by visiting our Punta Gorda real estate website.

Burnt Store Isles Lighted Boat Parade

Saturday, December 13th, 2008

If you lived in Burnt Store Isles, last night you would’ve witnessed an annual tradition: The lighted boat parade. The BSI parade is sandwiched between the Punta Gorda lighted boat parade and the Punta Gorda Isles boat parade. Basically, three weekends of boat parades. We sat on the lanai and watched the boats as they passed by spreading their festive cheer.

Burnt Store Isles offers sailboat access throughout the community, meaning there are no bridges to go under on your way out to open water. Waterfront properties feature no less than 30′ of seawall upto more than 200′ of seawall. Find the perfect Burnt Store Isles home or property for you.

Learn more about Burnt Store Isles real estate or Punta Gorda real estate on our website.

Punta Gorda Restaurants

Friday, June 13th, 2008

There have been several changes to our downtown Punta Gorda restaurant choices and I thought that you might be interested in 2 of the more unique establishments. 
The first is the Ice House Pub.  After being virtually destroyed by Hurricane Charley most people thought the old Punta Gorda Ice House was doomed for demolition.  Thanks to the interest of some local owners the historic building was saved, restored and turned into an authentic English-style pub.  Along with the typical English food, they also offer an array of entertainment games.

The latest to open is Bin 82 which specializes in wine and microbrews.  They also offer some light snack foods to accompany your beverages.  Bin 82 is located on West Marion Avenue across the street from the new Sunloft Center.

Although the big chain restaurants are very well known, I think the small establishments are what add to the character of a small town.