Punta Gorda Fl real estate, Port Charlotte Fl homes for sale

Overview

Are you among the many searching the internet for a second or retirement home in Florida and find yourself unfamiliar with our beautiful area? Don't worry, you’re not alone! Punta Gorda and Port Charlotte both continue to benefit from favorable media, touting the region as one of the best places to retire and enjoy an active outdoors lifestyle of boating, fishing and golf year round. No doubt this picture perfect location of unparalleled real estate value deserves every bit of this recognition.  

Punta Gorda and Port Charlotte despite all the positive publicity remain unfamiliar to most who are considering a move to Florida. On top of that once we pop-up on the radar the difference between the two are not generally understood until an actual visit takes place. This presents challenges for folks seriously looking for a place to retire or purchase a second home. So the following is a brief overview of a few major differences.

Government

A common thread both are part of Charlotte County Florida. Punta Gorda is the only incorporated city within Charlotte County and holds the “county seat”. Punta Gorda has a mayor and city council while Port Charlotte is governed by the five person county commission of Charlotte County.

Location

Charlotte County is located in Southwest Florida with Fort Myers and Naples to the south and Venice and Sarasota to the north. Charlotte Harbor dominates the geography being the second largest estuary of its kind in Florida. Punta Gorda lies on the south side of the Peace River with Port Charlotte just north of the rivers banks. Winter high temperatures of 75 degrees make it a favorite place to escape from the winter clutches of the north.

Port Charlotte

With a population of 150,000 Port Charlotte is nearly 10 times larger than Punta Gorda. Developed in the 1950’s the area has grown into a major shopping district for most big ticket items and is host to the Town Center Mall. Port Charlotte is home to the spring training stadium for the Tampa Bay Ray’s.

Port Charlotte Fl homes for sale can be found in a vast array of neighborhoods. Two exclusive gated neighborhoods of significance are Grassy Point and Le Marie Island both are high-end and lead directly to Charlotte Harbor.  Riverwood is a world class gated golfing community offering condos that start as low as 125k with most homes under 500k. The rest of Port Charlotte with homes/condo’s starting as low as 25k making it affordable to almost anyone. The Edgewater area has much of the 100 plus miles of saltwater canals in Port Charlotte that lead to Charlotte Harbor. This area is a good example of major differences between Punta Gorda and Port Charlotte, Edgewater is not deed restricted so the mix of homes are varied. Home owners located on saltwater canals are responsible for their sea wall maintenance.  Canal depths are typically more varied than Punta Gorda, so boats requiring more draft need to take note before acquire waterfront property.

Punta Gorda

Punta Gorda at roughly 16,000 residents has a small town feel. The city has a long and interesting history giving it historical significance placing it on the National Historical Register among others. Downtown can be easily walked or biked via River Walk connecting Laishley and Gilchrist Parks along with everything else in between. This network of sidewalks also continues to Fishermen’s Village the area’s largest tourist attraction and carries on to Ponce de Leon Park.

Many Punta Gorda homes for sale are located in multiple deed restricted neighborhoods. Punta Gorda Isles adjacent to downtown is a deed restricted neighborhood with most homes/condos located on saltwater canals or golf course. Prices range from 100k to over a million plus with most between 300k and 600k for a single family residence. The canals having control depths of 5 feet at mean low tide and seawalls are strictly maintained by the city, assessing property owners $500 dollars per year, making the canal system one of the most desirable in the country.

Port Charlotte and Punta Gorda offer incredible real estate values in beautiful Southwest Florida to learn more please visit www.paradiseinpuntagorda.com or call Ken Poirier at 941-661-9773 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

North Port for future federal data reporting has officially surpassed Sarasota and Bradenton in population. Consequents of this change will likely have a positive impact on many levels for the city. Up until now the “metropolitan statistical area” has been Bradenton-Sarasota-Venice, FL MSA, moving forward the region is officially North Port-Bradenton-Sarasota, FL MSA. Federal government documents will now refer to the area as such, significantly increasing the city’s presents and exposure in the eyes of many who make business development decisions. 

Population growth has been explosive over the last ten years in North Port, increasing from just 22,000 to 55,759. This new data puts the city ahead in population of Bradenton at 54,051 and Sarasota 53,160 and displaces Venice altogether from the MSA title.

Overtime North Port could enjoy future economic benefits simply due to improved name recognition. As an example, federal data is typically used at least in part by business executives analyzing and ultimately making decisions on where to move or develop future business. Bottom line this will benefit city commissioners efforts, who have targeted the following five industries retail, hospitality, education, health care and light manufacturing  as best fit for North Port’s future growth. The increased exposure, which by the way is free will help their efforts in gaining name recognition.
So what does this mean for North Port and its real estate market? Will this be the precursor for an upward trend in real estate values and future development? Well time will tell but most believe this should prove helpful in generating interest in North Port, ultimately delivering enhanced value. By establishing North Port’s own identity and separating itself from Sarasota and Punta Gorda FL real estate market. North Port has only been around for about 50 years and it shows in a positive way with a number of nice neighborhoods including 2 great golfing communities in Bobcat Trail and Heron Creek.  In all this should be viewed as good news for North Port.

Interested in learning more about Port Charlotte homes FL for sale and Punta Gorda homes for sale or the beautiful waterfront communities of Punt Gorda Isles, Burnt Store Isles and Burnt Store Marina visit www.paradiseinpuntagorda.com or contact Ken Poirier by calling 941-661-9773 or via email This e-mail address is being protected from spambots. You need JavaScript enabled to view it  

Florida has long been called the sunshine state, known for its warm climate. The state also enjoys an ample supply of sunshine. Photovoltaic solar panels have emerged as a viable process to convert the suns energy into electricity. One of the main factors in the effectiveness of solar power is directly related to available sunshine, with Florida on average at 70%.

Florida Power and Light in fact plan to capitalize on our abundant sunshine, by employing this technology. Completed October 2009 the 25 megawatt DeSoto Next Generation Energy Center is the largest photovoltaic plant in the country. Utilizing 90,500 panels the power plant is capable of supporting 3,000 homes. The benefits derived from the facility are many, including 400 constructions jobs; prevent over 575,000 tons of greenhouse gases being release into the atmosphere over the next 30 years or the equivalent of removing 4500 automobiles per year. Couple this with reducing the need for foreign oil while eliminating pricing volatility. Pretty impressive!

Well the news doesn’t stop there, the first solar powered city Babcock Ranch is starting to gain traction. Located in southern Punta Gorda near Fort Myers former NFL player Syd Kitson of Kitson & Partners has advance plans for the world’s largest solar powered city. The heart of the$350 million FPL plant would be 75 mega watt photovoltaic power facility, designed to support 19,500 homes, plus 6 million square feet of industrial and retail space. Promising to deliver 20 thousand permanent jobs over a span of 20 years, Babcock Ranch is truly the city of the future. The green light hasn’t turned for this 2 billion dollar development but serious consideration is being given at all levels.

So what’s this got to do with Port Charlotte Fl homes for sale or Punta Gorda homes for sale you ask…………… Well over the next 10 years maybe a lot. It’s looking more likely we will see photovoltaic technology transition to a viable cost effective source of clean energy. The combination of already having the largest working photovoltaic power plant and the possibility of the largest solar city in the world located in Charlotte County, Babcock Ranch will bring the spotlight to Punta Gorda.

All of this will have a positive impact I believe on property values for Port Charlotte Fl homes, as well as Punta-Gorda- Isles, Burnt-Store-Isles, Burnt-Store-Marina and the sounding area.

If you’re considering a home in Florida take a look at the Punta Gorda area offering world class boating, fishing and golf. Looking for value in an award winning area…………. If you’re like most the benefit of the Charlotte Harbor communities cannot be surpassed.

To learn more about this beautiful area please visit www.paradiseinpuntagorda.com or contact me via email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or just call 941-661-9773

Local builders are cautiously optimistic with 2010 building permits up over 2009 levels. Southwest Florida and the Punta Gorda area have endured a steep slide in new construction for the past 4 years. New building permit for Punta Gorda are looking up with 24 issued in the first 10 months of fiscal 2010 verse 12 for all of 2009. Hopefully the long painful drought in new building construction has ended; signaling a return of normal market conditions.

This good news is certainly welcome however many remain guarded on their view of future growth. Inventory levels for all single family residence remain historically high, averaging 13 month supply, healthy real estate markets typically average 6 months. Homes priced from 500k to 600k currently show inventory levels at 20 to 36 months plus. By any measure homes for sale of this caliber remain entrenched in a buyer’s market.

Builders say they have worked aggressively cut back prices to a point they can present a good case to buy new-vs-used, sighting benefits that only a new home can deliver. Such as, utilizing the latest up to date features/designs, materials, employing current building codes resulting is a better overall value. The ability to customize a new home and future resale value rank high for customers when considering building new.

So where do we go from here? Clearly the trend continues upward for both sales of existing homes and new construction, undeniably a positive sign. Most continue to agree on one thing that while the overall market is fragile, the promising results of late continue to send signals that the market has stabilized and most likely bottomed. One thing is certain the year round beautiful weather perfect for boating and golf position Punta Gorda, Port Charlotte and North Port for strong sales especially once the northern states housing market returns to traditional levels, affording more buyer’s to purchase their piece of paradise.

To learn more about the incredible real estate values in Punta Gorda, Port Charlotte and North Port please visit www.paradiseinpuntagorda.com or contact Ken Poirier via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

Selling your home is a big decision. Who you entrust to list your home with must perform on a number of levels. The goals of sellers are relatively straight forward; achieve maximum return in a short period of time. Some of this responsibly is held by the sellers, requiring them to present a home ready for sale and priced within the framework of current and often changing market conditions. Sellers who cannot deliver these basic requirements will be disappointed no matter who is chosen to sell their property, particularly in our existing “buyers” market. 

Sure sometimes sellers get lucky and that right buyer who’s been looking for a home just like yours just happens along. If you’re not one of the lucky few, a brokerage firm providing maximum exposure of your property provides by far the best opportunity to sell your home. Many sellers assume by listing with an agency who claims to be #1 in their area is the best choice but what do you do when you find multiple brokerages claiming to be #1?

Well consider the following facts:

Thanks to the internet all active realtors work hard to sell your property once it hits the Multiple Listing Service also known as the MLS. Agents forward your listing to thousands of qualified buyers; potential buyers are constantly searching the internet for homes. Nearly 90% of all buyers start the process of looking for a home on the internet.

The bottom line...once your home is listed in the MLS you have the benefit of agents and potential buyers viewing your property on thousand of different websites (not just the listing agents) from all over the world. Chances are whoever lists your home will not be the selling agent.

In the Punta Gorda area by listing it with Fisherman’s Village Realty with our Listing Advantage you have the opportunity to increase the exposure and the chances of selling your home. Here’s how it works:

    * Enhance the opportunity to sell your home by increasing its exposure.

    * Fisherman’s Village Realty with its Exclusive Touch Point Window Vision will give you the edge in selling your home.

    * Fishermen’s Village annually plays host to 1.5 million visitors, many of which are qualified buyers.

    * Our Touch Point Window System will feature your home 24 hours a day, ready to interact with interested buyers by receiving contact information for immediate follow-up or by creating the opportunity for me to start a one on one conversation right at the store front.

Exposure and location are a powerful and proven combination in selling real estate and with 1.5 million visitors annually; Fisherman’s Village Realty has more opportunity to present your home to more quality buyers than anyone else in the region. So whether you have a home or condo in Punta Gorda Isles, Burnt Store Isles, Burnt Store Marina, Port Charlotte, North Port or Punta Gorda you can enjoy the advantage of selling your home by listing with us.

My name is Ken Poirier please call me at 942-661-9773 or via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or visit one of my websites www.paradiseinpuntagorda.com or www.searchpuntagordarealestate.com  to learn more on how you can employ the most up to date and powerful tools in selling real estate.

By a margin of 4 to 0 The Airport Authority voted in favor of changing the name of Charlotte County Airport to Punta Gorda Airport. The name change was a marketing decision to help enhance the airports competitiveness.  

Southwest Florida has long been recognized as a destination for travelers coming from the Northeast along with the Midwest. However Charlotte County Airport remained a mystery to most travelers. No one really knows for sure the impact the name had on lost business but in this competitive environment many felt it was time to change the name.

Punta Gorda has a long history, including its airport, originally built as a training facility for the military. Punta Gorda became a household name across the country after the devastation left in the wake of Hurricane Charlie. No matter how people have come to know Punta Gorda, The Airport Authority is hoping the name change will help the marketability of the airport, in turn benefiting the entire county.

Why should residents of Punta Gorda and Port Charlotte care, well numerous airport studies have been done throughout the US, pointing to many economic benefits such as……….

    * Each dollar spent by aviation generates on average an additional $1.52 in economic activity.
    * Airport or related jobs are not only created but show a 40% higher pay rate than average.
    * Nearly 3 jobs are created in the visitor related sector for every airport job.
    * Aviation attracts new industry to the area.
    * Visitors spend money locally.
    * Tax revenue is generated (most airports pay for themselves).

 So what’s this got to do with real estate? Well as it turns out quite a bit. The experts will point to a number of intangibles all contributing enhance economic activity on some level. The long and short of it is, airports on a multitude of levels create a “rising tide for all ships” and this includes real estate values. A good example would be locals have a short commute to the airport, while travelers enjoy easy access to our beautiful area. Both activities generate revenue for the local economy.

No matter where you look Punta Gorda and Port Charlotte continue to move forward, constantly improving, striving to be unique and vibrant communities. If you’re looking for a place to call home in Florida you could not find a better place. To learn more about the incredible real estate values in Punta Gorda or Port Charlotte just visit www.paradiseinpuntagorda.com or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you would prefer don’t hesitate to call Ken at 941-661-9773.

Recent headlines have pointed to declining home inventories starting to approach normal levels. The Punta Gorda real estate market has remained especially strong in the under $200k segment in some area’s for well over a year, tipping inventory levels into a range, that sales out strip new listings. Normally this would signal a change in prices to the upside. The lingering affects of the housing bubble, keep market forecasters off balance, sometimes sending mixed signals as to where we’re heading.

Short term it’s fair to say we’re still in a buyer’s market, with just a little less inventory then we’ve become accustom to. Barring a significant downward turn in the economy, coupled with the Gulf Oil spill coming to an end with no ill effects in our area and record low interest rates, things should continue to improve. So the question is, when this will translate into rising home prices. For now most agree prices have bottomed and are in a stabilizing range.

The level of future foreclosures remains a wild card and could impact the market’s ability to support rising prices. Additionally, no one knows for certain the number of home owners who’ve held back on listing their homes, waiting for an indication of an improving market. These unknown’s tend to support a continuation of a buyer’s market for Punta Gorda real estate.

One of the other underlining factors supporting the Punta Gorda housing market remains future retirees. Punta Gorda and Port Charlotte have long been favorite locations for retirement, known for its nearly perfect weather for golf, boating, fishing and outdoor activities. Future retirees with retirement horizons of 5 years or less, view investing in real estate far more comforting than the prospects of the stock market. This has fueled a high level of all cash purchases in all segments of the house market. The underlying current points to this trend to continue, with many believing this will only expand.

So is this the end of great deals and the return to rising home prices? In truth no one knows for sure, but this remains a great time to buy a home or condo in the Punta Gorda area. To learn more about our local real estate market visit www.paradiseinpuntagorda.com or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773 and talk with Ken Poirier about finding your piece of paradise.

Downtown Punta Gorda enjoys the benefits of Laishley Park on many levels. Surrounded by this historic city on 3 sides, while to the north it’s flanked by the Peace River, offering great views no matter what time of day it is. The park is also purposeful with its own marina and multi use commercial area but more on that aspect later.

Laishley Park located at 100 Nesbit Street is just one of many fine parks in Punta Gorda and is interconnected via sidewalks to Gilchrist and Ponce de Leon Park roughly 4 miles away. The downtown River Walk sidewalk meanders through Laishley Park connecting all features of this fine location. You will find a beautiful Gazebo with pond, playground and water park fountains for the children to enjoy. Fantastic fishing can be found on the new pier on the Peace River. Picnic tables and gardens are dotted throughout the park for your enjoyment.

Annually the park is host to numerous events like this past weekend’s Fourth of July’s Fireworks Show. Grammy award winning group, The Blues Travelers held a live concert this past October, while each winter it plays host to the popular Jazz Wine and Cheese Festival. ESPN’S Redfish Cup, sites Punta Gorda, one of its favorite stops of this national fishing tournament, attracting thousands of visitors. 

Punta Gorda became national headlines August 13, 2004, for being ground zero to Hurricane Charley and its punishing blow. Laishely Park was chosen as the site, for “Spirit of Punta Gorda”, comprised of a palm tree sculpture and sundial, memorializing the exact time the hurricane hit but more importantly the monument reflects the spirit of the citizen who have not only restore the town but have taken it to new heights. 

Laishley Park Marina is a beautiful new award winning marina that seamlessly blends into the park. Boasting 85 slips, 47 trailer spaces, Ship Store and many more amenities, this designated “Florida Clean Marina” is a popular spot for boaters.

Views from Laishley Park

Rounding out the park is a spectacular commercial building complex, housing the now famous “Laishley Crab Shack” and various shops. The “Laishley Crab Shack” while offering “taste treats” has fanatic views of the Peace River and is unlike any shack you have ever seen. This unique building displays hand carved wood throughout and craftsmanship seldom seen these days.

Punta Gorda’s careful planning, coupled with a long term commitment to green space and parks, has provided the foundation of the ongoing real estate development the city is enjoying. Whether you’re looking for a condo with stunning views or a home in the historic district, Punta Gorda real estate needs to be at the top of your list when you’re considering Florida.

To learn more about the incredible real estate values in Punta Gorda please visit www.paradiseinpuntagorda.com or contact Ken Poirier via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

  

 

Latest computer models show Southwest Florida unlikely to receive any oil from the massive spill. The data was released by the National Oceanic and Atmospheric Administration.

Florida’s western shoreline has a 20% or less chance of seeing oil by August 1st. Much of Southwest Florida is forecasted to have less than a 1% chance of experiencing oil on there shores. 

Geographically Punta Gorda located at the end of Charlotte Harbor is more than 20 miles from the Gulf of Mexico. This locality should protect our area from seeing any oil.

Whether I talk to family, friends or clients the first thing they ask is the horrible Gulf oil spill affects you in Punta Gorda. Fortunately I can say no and with reasonable confidence we should remain “oil free”. The oil remains a long way from our shores and based on a number of factors such as currents and weather patterns among others should spare us.

The following email was published by Fishermen’s Village which is the number one tourist attraction in Punta Gorda and where we’re located. A number of links are contained within the following email discussing how Southwest Florida remains untouched.

Please be assured Punta Gorda remain pristine and untouched from this unfortunate disaster.

Your browser may not support display of this image. 

                                                                      June 10, 2010

To All Merchants

Today we were on a conference call with “Visit Florida” regarding the current and future plans to balance the perception that the oil spill has impacted all of Florida.  As you may have read, BP has given Governor Crist 25 million dollars for advertising efforts so that the communication all over the country is that Florida is open for business.

Fishermen’s Village has been proactive thus far by communicating through our website that the oil is hundreds of miles from us.  We have encouraged both Chambers as well as the City of Punta Gorda to do the same.  They have followed our lead and they too have the communication on their websites. 

We are in the process of putting on our website a video feed each day which shows the Village and Charlotte Harbor in its pristine condition.  We are focusing our efforts on Facebook, Twitter and blogging about Fishermen’s Village.  This type of social “FREE” networking is the new marketing trend!!

MERCHANT CALL TO ACTION

• For each Merchant who has a website please communicate on your website page that we are untouched by this oil spill.  You can certainly use your text or our website text as a guideline.

•     If you have a Facebook Page, Twitter or Blog use this FREE social media to get the word out.  Be sure to add pictures to your facebook/twitter/blog

•     Go to www.visitflorida.com to see what the state is doing.  It will help your business.

 

    You can also post pictures to the visit Florida site. The link to post same day photos is http://www.facebook.com/FloridaSunshine. This is Visit Florida’s Share A Little Sunshine page and it is supplying the "Shared Images" that you see on http://www.visitflorida.com/floridaliveis.

Good news!!! April 2010 home sales posted a 10% gain over April 2009 while only slipping 6% from March 2010. This trend of year over year sales increases has been the case since September 2008, reinforces what most believe to be an improving market. April’s sales were greater than any monthly total dating back to 2007 another positive trend. Overall the market continues to firm up, sending signals that the worst is behind us.

Not surprisingly, condo’s and homes in price ranges where inventories have fallen, prices have stabilized and in some case seen a slight uptick. April’s average home price is up 5% over March and 14% higher than the same period last year. With distressed properties working their way through the system, the destabilizing effect becomes less.

Three major factors for the improving market condition are price levels not seen since the late 1990’s, a more positive consumer outlook and record low interest rates. The Punta Gorda real estate market has not benefited significantly from the federal taxes credits due to its demographics, so the upcoming expiration should not hamper future sales. The solid foundation the housing market enjoys, points to a number of things but quality of life style and market value second to none would top the list.

The time to explore Punta Gorda real estate market is now. Paradise can be found in the beautiful waterfront neighborhoods of Punta Gorda Isles, Burnt Store Isles and Burnt Store Marina. World class boating and fishing is right at your back door, offering Florida living at prices not seen in over 10 years. Simply put the time to buy is now.

This weekend’s 2010 Conquistador Retta Cup was the 17th year that this two day sailing event has been held in Charlotte Harbor. By all measures this colorful and fun event was a success, attracting 71 sailboats that created quite a spectacle in the harbor.

Charlotte Harbor during the course of the year is the host to many boating events, whether it is power or sailboats this setting can’t be beat. Not surprisingly Charlotte Harbor in June 2004, Sail magazine named it as one of the 10 best places to sail in the USA.

Punta Gorda has long been known as a boater’s community with neighborhoods like Punta Gorda Isles and Burnt Store Isles having extensive salt water canal systems. The two neighborhoods combined for roughly 6000 home lots. Offering access to Charlotte Harbor and on to the Gulf of Mexico starts on canals that average more than 100 feet wide and six feet deep at mean low tide. Home owner pay a flat fee of $500 per year to have the sea walls maintained by the city.

Canal systems like this can no longer be developed, making waterfront real estate in Punta Gorda Isles and Burnt Store Isles limited and in demand. Still the Punta Gorda waterfront remains a tremendous value when compared to anywhere else.

The city has a series of programs designed to further enhance the value of owning real estate and living in Punta Gorda. The following projects are currently in the works:

    * The Punta Gorda Community Redevelopment Agency unveiled a proposal for a sailing center along Harbor Walk in Gilchrist Park.
    * Laishley Park Marina is now completed, leaving just the two mooring fields to be added.
    * The Four Points Sheraton Hotel has been granted approval for the industrial bond to build a new marina.
    * The Best Western has applied for bonds to build its marina.

The focus of these projects are aimed to support Punta Gorda’s ongoing marketing strategy to position the city as a premier boater’s destination. These new additions coming on line over the next few years will enhance Punta Gorda already strong recognition as an all around boating community.

If boating is in your future you need to check out the amazing real estate home values by visiting www.paradiseinpuntagorda.com or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or just call 941-661-9773.

Florida saw a reduction of population between 2008 and 2009, but the University of Florida expects the population to have grown from April 2009 to April 2010 by 23,000 residents. The drop off was the first recorded in 50 years, after recording strong growth year after year. The states loss of residents was viewed by many including Time magazine, who questioned if Florida had lost its luster and had become the “Sunset State”. Well it looks like the sunshine and balmy climate has worked its charm and has lured folk back to the great state of Florida. But are there additional factors driving Florida's population growth?

No question, economic issues in Florida along with difficult times in other states will influence Florida's future growth, slowing it to more sustainable levels. However for most, Florida and its ideal weather, just right for boating, golfing and any outdoor activity under the sun as well as it's recovering real estate market (ie. Punta Gorda Real Estate) is hard to resist.

As an example, how’s this sound for an early March day in Punta Gorda. Baseball fever returns to Port Charlotte with the Tampa Bay Rays returning to Charlotte Sports Park. The newly renovated park is the spring training home to the Ray’s and is the home of the Charlotte Stone Crabs. Today Judy and I enjoyed a beautiful ride to the park on our motorcycle to partake in “America’s favorite pastime” of baseball, with the Ray’s hosting the Boston Red Sox’s. On a classic picture perfect day, a standing room only crowd saw the home team beat the Red Sox.

I think this is a good illustration of how real estate value is tied to the local community and it's investments. Visiting the Charlotte Sports Park was simply a home town event. We met a number of folks who traveled hours to enjoy the game. Those of us who own homes in Punta Gorda directly benefit from this  particular investment not only in the form of a short ride to the park but in real estate home values and marketability.

When you’re looking for your next home carefully evaluate the big picture, get a pulse of the city or town and what it has to offer. The real estate in and around the Port Charlotte and Punta Gorda area is blessed with an abundance of natural beauty, rich history, coupled with character and charm. Translation, great place to live and own a home.

To learn more about the incredible real estate values available in our area, or to view Punta Gorda property for sale, please routinely visit www.paradiseinpuntagorda.com or email me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

Real Estate market trends for January 2010 are sending mixed signals, this should not come as a surprise, considering the overall economy. Recovering from the long and painful fall from the peak of the housing bubble will most likely have some up’s and down’s. The three major communities of Punta Gorda, Port Charlotte and Northport had a 29% drop in sales from December 2009. Recording sales of 249 homes of all types was the lowest amount since January 2009.

Contrasting the decline in housing sales, January enjoyed a 9% gain in average sale price of all housing, over the same period last year. Average home sales prices have increased every month since September. Many consider this upward trend in value a clear signal we’ve reached bottom and in the future this maybe identified as the turning point of the housing market. Others view these mixed signals as a reminder that our economy remains unstable and vulnerable to another dip in activity.

Despite an unseasonably cool January and February local realtors are reporting brisk activity throughout the region. Port Charlotte named “best place to retire” last year in CNN’s Money Magazine provided significant national recognition. Punta Gorda on numerous occasions has had the national spotlight place on her and continuing that tradition next week Punta Gorda is slated to be feature in a USA Today article.

Pin pointing the bottom of the housing market will not be clearly identified until months after it’s occurred. What is known, when comparing the Punta Gorda, Port Charlotte and North Port housing market to any other, our real estate values cannot be beat.

Punta Gorda Florida will always be an attractive place to live. Blessed with some of the finest weather anywhere, world class fishing and boating, coupled with real estate values considerable below the national average make this the place to live.

To learn more about the incredible real estate values available in our area, or to view Punta Gorda property for sale, please routinely visit www.paradiseinpuntagorda.com or email me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

Gilchrist Park located on the south side of downtown Punta Gorda, is one of three premier parks that enhance the quality of living in this beautiful city. The park takes its name from Albert Gilchrist, Punta Gorda’s favorite citizen who made significant contributions to the city over the course of his life. Gilchrist made his name in real estate and land surveying but he also became active in politics. Finding success, he graduated from local to regional politics, culminating with being elected Florida’s governor from 1908 to 1913. The most endearing part of his legacy was a gift to the children of Punta Gorda, the Mason every Halloween provide ice cream to the “trick or treaters” at the park; the perpetual funding is provided by provision from Mr. Gilchrist will.

The park is flanked by Charlotte Harbor on one side and beautiful historic Victorian homes on the other. Within easy walking distance of downtown or in the other direction, you’re at Punta Gorda’s number one tourist attraction, Fishermen’s Village, with its variety of shops and restaurants.

The Gilchrist Park has an array of amenities ranging from children’s playground, harbor pier, tennis courts, picnic area and gazebo. Always bustling with activity the park has a tradition of hosting a number of fun and interesting events throughout the year.

Dating back over twenty five years, the park plays host every Thursday night to, “Open Mike Thursday”. You will find musician from around the world, congregating to share their love of music, taking turns playing on the gazebo, often culminating with a jam session. 

It is only fitting, annually, Punta Gorda hosts its own “National Hibiscus Festival“ held at the park. Famous for these beautiful flowers, what makes this event so special is Punta Gorda is also known as the “City of Hibiscus”.

Gilchrist Park plays host too many other events during the year, including “Car Shows” and “Craft Fairs”. Charlotte Harbor, gleaming in the background makes this just the perfect venue for any event.

Punta Gorda’s rich history coupled with a tradition of investing in the community, translates into enhanced real estate values and long term stability. When you’re looking for that perfect piece of Florida real estate, consider the location and how it can enrich your life. When measuring real estate value coupled with quality of life Punta Gorda cannot be beat.

To learn more about the incredible real estate values available in our area, or to view Punta Gorda property for sale, please visit www.paradiseinpuntagorda.com or email me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

The following highlights are from the lead story of the Charlotte Sun on February 9^th.  

January filings of Punta Gorda foreclosures declined to their lowest level in two years. Charlotte County saw a decline of 25% from December’s numbers and a 27% drop from the previous year. These figures were just released from the Charlotte County Clerk of Courts. 

This news is encouraging, since this represents the lowest levels recorded since September 2007. Downward trends have emerged in the past, only to see the number reverse direction in future months. However January was the third consecutive posting a decline, possible pointing to a new trend. Also providing hope, forecloses are down in a year-over-year comparison for 10 straight months now. 

County officials are hoping we have finally turned the corner. The Punta Gorda real estate market cannot fully recover without foreclosures returning to more traditional levels. Unprecedented levels of foreclosures have been the driver of falling home values, forcing home owners who want to sell their home to compete with a flood of undervalued foreclosures. While a boon to buyers, sellers have seen their home values decline is some cases more than 50%. If the decline in foreclosures continues its current trend in future months Punta Gorda real estate should begin to stabilize.  

We continue to be encouraged by the improving Punta Gorda real estate market conditions on many levels. The combinations of declining foreclosures coupled with increasing home sales on a month to month/year over year basis, points to a future return to normalcy. If this trend continues, strong sales should outpace new inventory entering the market, keeping supply in check. 

For more information on Punta Gorda real estate trends, or a  specific Punta Gorda foreclosure for sale, please feel free to contact me directly at  This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 941-661-9773.

Ken Poirier

Paradise in Punta Gorda

Punta Gorda has long been a hidden jewel nestled on Charlotte Harbor, located in the well known region of Southwest Florida, famous for perfect winter weather with average daily highs of 75 degrees. Hurricane Charley ironically brought attention to Punta Gorda and in its wake it triggered a revitalization of this city of historic significance. The evidence of a new city is everywhere you look and what you see is impressive. 

Punta Gorda with a population of roughly 15 thousand residents that doubles in the winter, has all the charm of a small town but the feel of a much larger city without any of the drawn backs such as crippling traffic, crime or high taxes. Long considered a boaters paradise Punta Gorda is actively marketing and making investments to make itself a boater’s destination.  

Punta Gorda future plans are being carefully crafted with a focus on continuing to make this city the very best place to choose to own your next home. 

The following are my 10 best reasons to live in Punta Gorda:

1. Home prices have retraced themselves to levels seen more than 10 years ago.
2. Property taxes have fallen a long with home prices.
3. Low crime rate, Punta Gorda is a very safe place to live.
4. Our winter weather is famous for barmy 75 to 80 degree days from January to March with very little rain.
5. World class boating and fishing in Charlotte Harbor and the Gulf of Mexico.
6. Local services include parks, airport, hospitals and all kinds of shopping.
7. Downtown Punta Gorda and Laishley Park is home to award winning restaurants, hotels, shops, Marina and River Walk.
8. Punta Gorda hosts a number of events this is a sampling: The Red Fish Cup (seen on ESPN}, Punta Gorda Block Party, Jazz Festival, Various Concerts, and Saturday Farmers Market.
9. Fishermen’s Village with over 30 boutiques, restaurants, resort and marina is the area’s largest tourist destination.
10. Other local attractions include Ponce de Leon Park Muscle Car City, Charlotte County Motorsport Park and Mosaic at Charlotte Sports Park Tampa Bay Ray’s spring training facilities.

Punta Gorda has a lot to offer for anyone looking to purchase real estate in Florida. To learn more about the local housing market visit www.paradiseinpuntagorda.com or contact me via email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 941-661-9773.

If trends across the rest of Florida are any indication, the real estate tides are shifting in Punta Gorda as well. Sales of existing homes and condos are continuing to increase steadily across the state. Fresh numbers released by the Florida Realtors association shows that existing home sales in Dec. 2009 increased by 33% compared to the same period a year ago, while condo sales jumped up by a stunning 91%.

If the present momentum continues, 2010 could well turn out to be a great buying opportunity for those looking to invest in condos or homes in the Punta Gorda. The Punta Gorda area is a popular winter destination among those looking to get away from colder climates. In fact, between January and April every year, more than half the residents in Punta Gorda are from other parts of the country. While some of these temporary residents own condos, many others have tended to rent accommodations in the region for the few months that they are here.

That could change this year though as more people begin to take advantage of current market conditions to purchase their own Punta Gorda real estate rather than rent. There are several reasons why that could happen. The massive inventory of unsold homes and condos is continuing to put a downward pressure on prices everywhere, so home prices are extremely affordable in the waterfront neighborhoods of Punta Gorda (such as Punta Gorda Isles & Burnt Store Isles) compared to even three years ago. According to the Florida Realtors association for instance, Florida’s median price for an existing home was at least $15,000 lower than it was at the same time last year.

As a result, those looking to invest in condos in the Punta Gorda area are going to find plenty to choose from, at near bargain-basement prices. The low mortgage rates, numerous tax breaks and other incentives being offered by the government have already resulted in a revival of sorts in the real estate market. It is a trend that is likely to only gain momentum over the rest of this year. In short, 2010 could well see the emergence of a true buyers market in the Punta Gorda region and elsewhere.

An amazing turnaround of the Punta Gorda home market has been focused on the single family residences and condominiums listed for less than $175,000.00. Fueled by a landside of forecloses and short sales, the market adjusted to the laws of supply and demand putting prices in a free fall. The result for 2009 was a reduction of inventory from 30 plus months for homes $175,000.00 or less, to less than 10 months for homes under $120,000.00.

According to a report released by the National Association of Realtors® (NAR), the latest industry outlook remarks on the positive signs in the housing sector. “With the market showing some momentum, we have an opportunity to achieve a more rapid and broader stabilization in home prices,” said NAR Chief Economist Lawrence Yun. Now that the tax credit has been extended and expanded, potential buyers have until April 30 to have a contract in place. “There is still a large pent-up demand that can be tapped before the tax credit expires. Our recent consumer survey further shows that 13 percent of successful first-time buyers had a previous contract that was cancelled or fell through – there likely are many more buyers who were attempting to purchase but simply ran out of time,” Yun said.

View Punta Gorda homes for sale $200K and less!

The Punta Gorda real estate market for homes priced from $180,000.00 to $699,000.00 is bit more challenging but offers tremendous opportunities for buyers. Inventories in this price range have remained on the market from approximately 20 to 50 months. Home sales in this range only represent 17% of single family residence sold in 2009. Homes valued at $700,000.00 or greater have an accumulated average of over 130 months of inventory.

Unlike the lower end of the market, homes of higher value have not had the flood of forecloses which made banks and investors overly anxious to move inventory, thereby lowering prices. In general many owners of high end properties own their homes outright; this fact, coupled with their financial resources allowing then to ride out a longer downturn, allow sellers to stay in the market for a longer period of time. With momentum gaining in 2010 these higher inventory numbers offer unlimited buying opportunities of Punta Gorda real estate.

Of all the parks near Punta Gorda Isles, Ponce de Leon Park has perhaps the most intriguing history. Named after Juan Ponce de Leon, the Spanish explorer who came to Florida seeking the Fountain of Youth, the park itself marks the location where he was injured by the Calusa Indians as they resisted his attempt to claim their land. We have Ponce de Leon to thank for the discovery of Florida, and the park named for him is one of the best things about living in Punta Gorda Isles.

Punta Gorda is a small town with a population of approximately 16,000. The mild climate allows ample opportunity for outdoor activities. The Punta Gorda Isles real estate market is appreciating, and ripe with opportunity for purchasing beautiful property, whether for full-time living, vacation homes, or investment properties. There are many waterfront properties in Punta Gorda, where residents enjoy beautiful scenery year-round but the waterfront homes in Punta Gorda Isles should rank at the top of the list.

Ponce de Leon Park adds a special touch to the natural beauty of Punta Gorda. Located on 10 acres on Charlotte Harbor and the Ponce de Leon Inlet, the park is at the end of the broad point that is Punta Gorda Isles. It is well-situated for boating and fishing with special features of that include: boat ramps and boat trailer parking; fishing piers; a beautiful beach; educational signage; and playgrounds, picnic tables, and restrooms. Ponce de Leon Park is only four miles from downtown and three miles from Fishermen's Village making it a perfect location for hiking, biking, family picnics, and wedding ceremonies.

The park is also home to the Peace River Wildlife Center, a nonprofit wildlife hospital. PRWC provides medical treatment, rehabilitation, and shelter for animals in need. Visitors may participate in educational presentations about local wildlife, or take a tour of the facilities. Staffed entirely by volunteers, PRWC lends a generous and giving spirit to the town of Punta Gorda.

The fascinating history and beautiful setting combine to add immeasurable value to life in Punta Gorda.

Punta Gorda History

In Charlotte County, Florida, lies Punta Gorda, a city with roughly 18,000 inhabitants. During Hurricane Charley, Punta Gorda was nearly destroyed, yet recent efforts have brought this intimate city back to life, and Punta Gorda real estate began to thrive. Punta Gorda foreclosures have also increased due to the current economy, making it possible for many to find homes at reduced prices.

The first settlers of Punt Gorda arrived shortly after the American Civil War, and as the area began to settle, an influx of railroads and land developers proliferated the area. With that prosperous commotion came throngs of interested tourists, and since that point, living in Punta Gorda Isles and relocating to Punta Gorda Isles has become increasingly attractive.

Modern Day Punta Gorda

Punta Gorda is a wide peninsula nearby to the Peace River and Charlotte Harbor. The city’s charm has maintained its aesthetics throughout the years and has recently become a State Historic District. Buying a home in Punta Gorda Isles has never been easier, as many outsiders begin to discover its charm. What once was a quiet fishing village in the late nineteenth century has now become a vastly attractive area of entertainment and commerce, containing dozens of restaurants and retail outlets. Relocating to Punta Gorda Isles is becoming common for many families looking to find adventure. If you're thinking that its time to contact a realtor and want to work with a local Punta Gorda real estate professional who really knows the area, please feel free to contact me, Ken Poirier, anytime @ (941) 661-9773.

Waterfront Living in Punta Gorda

The history of Punta Gorda is still maintained by the presence of old mansions, yet the current influx of new homes is sweeping away some of its older appearance. Punta Gorda real estate is thriving as a result. The construction on the waterfront breathes new life into a preexisting community, as the excitement is mounting in the air. Waterfront homes in Punta Gorda are extremely close to many of the attractive areas of the city. The revitalization claims to retain the city’s history with regard to its lighting and brick walkways. It is quite easy and enjoyable to take the “River Walk,” which leads to the vast downtown area. Living in Punta Gorda Isles has never been more exciting.

Waterfront homes in Punta Gorda are exceptional for those that enjoy sailing, fishing, power boating or just taking in the spectacular views. Imagine your backyard is a lagoon where your own boat is docked. The gorgeous canals take you to many destinations including the Charlotte Harbor and the Gulf of Mexico. The private boat docks make any trip as easy as stepping out the back door. Whether you enjoy canoeing, fishing, or sailing, Punta Gorda Isles has everything for just about any boat enthusiast.

Foreclosure properties worth a look
BY BARBARA BOXLEITNER Florida Weekly Correspondent

BARBARA BOXLEITNER/ FLORIDA WEEKLY A rear view of this foreclosure listing in Burnt Store Meadows shows the landscaping needs attention, but the lot is not as unkempt as some vacant properties. People wanting to buy homes in Charlotte County are looking in all the usual places — and then some. Many of the county’s foreclosure properties on the Multiple Listing Service have become places where home seekers turn. There are certainly enough of them to see. As of Monday, Port Charlotte had 442 bank-owned properties,
North Port 321 and Punta Gorda had 172, according to RealtyTrac.com. The listings are not discriminatory: beautiful spreads at exclusive locations, higher-end homes in gated communities and middle- to lower-end places in single-family neighborhoods. No demographic has been unaffected.

“The foreclosure market has spawned a whole market of new buyers,” said Jim Thiel, a Realtor at Century 21 Sunbelt Realty in Punta Gorda. “It seems like I have a lot of customers interested in the foreclosure properties. A lot of them when they come in, they specifically indicate that is the type of property they want to buy. They know there is some obvious value.”

Though foreclosure listings typically leave the impression of being damaged goods owned by neglectful people, that’s not the case. Real estate agents report that many homes have issues — and many do not. Some are brand-new homes, never occupied. Others were built as investments, to keep for future retirement, for example.

“Foreclosures are setting the new price levels,” said Terry Yonker, broker associate for Thomas Ryan Associates in Punta Gorda. “We’re seeing now there’s nothing wrong with the house at all. It’s got nothing to do with the condition of the house.”

Mr. Yonker said many homeowners whose properties are in foreclosure became overextended. He used an example of a home purchased for $2 million with a $100,000 down payment. Because of the drop in real estate values, the home is worth $1 million and the mortgage is $1.9 million. “It’s not necessarily that they go broke,” he said as to the reason people lose the home.

Higher-end homes are scattered about, though the heavy concentration of foreclosures is in residences under $200,000, said Sharon Kerr, Realtor at Coldwell Banker Sunstar Realty in Port Charlotte. As far as particular areas within the county, she said of foreclosures, “They’re all over.”

Some of the homes are real finds. One listing is of a 2007 two-story home at River Club in Port Charlotte. With 4,067 square feet under air, the home has five bedrooms and four bathrooms. It has brick pavers on the driveway, a pool overlooking a lake and a three-car garage. The home, which has curbside appeal, is listed at $260,000. Other fairly maintained residences in nice neighborhoods are available, as well. Among the south Punta Gorda listings is a home in Burnt Store Meadows, west of U.S. 41. A 1996 pool home is
listed at $159,900. The single-story residence is among seven homes on a cul-de-sac. The pool home next door, a 2002 construction, is on the market for $265,000, and the other single-family residences on the circle are occupied. The plants and trees around the bank owned property need trimming, and weeds creeping up the driveway and through the landscape beds need to be removed. The pool needs cleaning.

Although the foreclosure property isn’t in shoddy shape, home seekers need to realize that some properties will require a lot of work.

“Some of these properties have been pretty physically abused as the owners are making their exit,”

Mr. Thiel said. “These are a real shock to the buyers. They think everything is going to be in pristine condition, and it’s not. Others know that some of these places will need real elbow grease.”

He said some people expect only minimal upgrades, such as painting and new carpeting. Not so. Some places have holes in walls and doors and missing appliances. It can be enough to chase away lookers. “They realize for what they have, or what they want to put in it, it isn’t worth it,” Mr. Thiel said.

Those that don’t have a yard gone to seed have issues inside, especially because the electricity has been off. Bugs, lizards, frogs — big, dead ones — are commonly found, Mr. Thiel said.

He has been showing a number of foreclosure listings, most of newer construction. He recently had clients, a younger married couple who were renting, purchase a foreclosure property in North Port. The 2006 home, which has three bedrooms and two bathrooms, had been lived in about a year, he said.

“For the most part, it was pretty good,” he said, mentioning minor repairs such as replacing the damaged carpeting in the living room. “The rest of them have been pretty good.”

First-time buyers are among those looking at these properties. Yet Mr. Thiel said he’s had middle-aged people come into town for five days from the North who expect to have a contract in hand when they leave.

“They’re on a mission,” he said.

These lookers cannot expect to get a steal, however. “The bank is looking for the true market value,” Ms. Kerr said. “I strongly suggest to them to put their best foot forward if they’re really serious about a home.”

Mr. Yonker agreed. “The deals are there for them,” he said. “Whoever comes with the money gets it.”

Prospective buyers should expect swift responses — seven to 14 days — from banks once an offer has been made, he said. “They’re ready to go,” he said.
“They want to move it.”

Right now, the Realtors said, the foreclosure inventory is not as inundated as it once was.

Foreclosure tips


>> Be realistic about the quality
>> Have a home inspection done
>> Ask your Realtor for comparables
>> Consult county records for a history
>> Make your best offer
>> Expect a fast transaction

ORLANDO, Fla. –  Oct. 23, 2009 – Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.

Existing home sales rose 34 percent last month with a total of 14,419 homes sold statewide compared to 10,778 homes sold in September 2008, according to Florida Realtors. Statewide existing home sales last month increased 4.1 percent over statewide sales activity in August.

Florida Realtors also reported a 77 percent increase in statewide sales of existing condos in September compared to the previous year’s sales figure; statewide existing condo sales last month rose 8.9 percent over the total units sold in August.

All of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in September; all but one MSA also showed a gain in condo sales. A majority of the state’s MSAs have reported increased sales for 15 consecutive months.

Florida’s median sales price for existing homes last month was $142,000; a year ago, it was $174,900 for a 19 percent decrease. Housing industry analysts with the National Association of Realtors® (NAR) note that sales of foreclosures and other distressed properties continue to downwardly distort the median price because they generally sell at a discount relative to traditional homes. The median is the midpoint; half the homes sold for more, half for less. 

The national median sales price for existing single-family homes in August 2009 was $177,500, down 12.1 percent from a year earlier, according to NAR. In Massachusetts, the statewide median resales price was $315,000 in August; in California, it was $292,960; in Maryland, it was $265,862; and in New York, it was $205,000.

NAR’s latest industry outlook notes positive signs in the housing sector, but adds that extension of the federal first-time homebuyer tax credit would help sustain a fragile recovery. “Now that the market is showing some momentum, we have an opportunity to achieve a more rapid and broader stabilization in home prices,” said NAR Chief Economist Lawrence Yun. The outlook for home sales and prices depends on whether the tax credit is extended, he said, describing it as “the best tool in our arsenal to encourage financially qualified buyers to stimulate the economy and help reduce the budget deficit.”

In Florida’s year-to-year comparison for condos, 5,088 units sold statewide last month compared to 2,870 units in September 2008 for a 77 percent increase. The statewide existing condo median sales price last month was $102,500; in September 2008 it was $153,500 for a 33 percent decrease. The national median existing condo price was $179,300 in August 2009, according to NAR.

Interest rates for a 30-year fixed-rate mortgage averaged 5.06 percent last month, a significant drop from the average rate of 6.04 percent in September 2008, according to Freddie Mac. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written. 

Among the state’s smaller markets, the Pensacola MSA reported a total of 275 homes sold in September compared to 267 homes a year earlier for a 3 percent increase. The market’s existing home median sales price last month was $135,000; a year ago it was $146,900 for an 8 percent decrease. A total of 48 condos sold in the MSA in September, up 41 percent over the 34 units sold in September 2008. The existing condo median price last month was $190,000; a year earlier, it was $180,000 for a 6 percent gain.

© 2009 Florida Realtors®