'Broom Clean' Condition: What Does It Mean When Moving Out of Your House?

"Broom clean" condition: Such a quaint term, isn't it? Often spotted on real estate contracts, anyone who's moving out might wonder what it really means. In other words, how clean should you leave your place for the new inhabitants? More important, what happens if you don’t bother? While [...]

9 Home Chores To Do On A Rainy Day

I know that I love to put off house cleaning chores. As we enter the hot days of summer we long to have some fun in the sun but when we get that rainy day... it’s time to get down to business cleaning! Here are ten chores around the home that you really only need to do annually, minus special [...]

Where you get your information matters! Accessing and sharing information has never been easier. Mobile devices and other solutions keep us connected constantly. Almost everyone starts their home search online. I have had 2 calls in the last few days about properties people have found doing searches online. One was a local man and [...]

MSC Foundation

Transforming Our Communities

One Transaction At A Time

Michael Saunders & Company® is committed to improving the lives in the communities we serve by providing funds to organizations that offer shelter, sustenance, education and a path to [...]

Luxury Homes:

Did Tax Reform Kill the Luxury Market?

NOT SO FAR!

          The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some felt that it could have a negative impact [...]

Have you seen the headline that there is a homes sales slowdown? If you are thinking of selling your home NOW is the time! Don't let the news scare you into believing that there are no buyers out there now. Resale home inventory is so tight right now that many people are just waiting for the right house to come on the market to make their [...]

Why Have Interest Rates Jumped to a 7-Year High?

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to [...]

May is the BEST month to sell! According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month: [...]

The real estate market in our area is enjoying a pretty good run, many people are deciding to become real estate agents to make what they think is easy money. Real estate in the Englewood and Boca Grande areas are desirable but the market can be competitive depending on where a homebuyer plans to invest. But that does not mean that all [...]

Housing Bubble Forming…Not Before 2024!

Housing bubble forming?  A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing bubble AKA, “boom & bust” like the one we experienced from [...]