Compared to the last couple of years, the real estate market may seem to be very quiet, but it is really just more of a return to the normal ebb and flow of the real estate market. Our busiest times of year have always been from January through March/April with September and October typically a bit more quiet. Compared with the Covid era, it is a stark comparison, but we are pretty much back to our normal market in terms of our out of state visitors. Since the beginning of the year, when compared to the same time from January through the end of August of the previous year, Charlotte County did experience over 15% fewer homes being sold, but those decreases only accounted for an approximate 5.00% decrease in the overall price of a home. On the other hand, condominiums prices in Charlotte County rose slightly by 2.70%.
In the boating and golf communities of Punta Gorda Isles and Burnt Store Isles, there were over 25% fewer homes sold through the end of August, but the average selling price only decreased by 6.00%. Condominiums in the same area also had fewer sales with the average selling price dropping by 10%.
While Sarasota County’s average selling prices stayed pretty consistent from the previous year, overall this year’s comparative figures are skewed by inflation and higher interest rates. Someone financing a home this year compared to interest rates during the pandemic are going to have significantly higher mortgage payments. With the “panic buying” that went on during the pandemic now being a thing of the past, buyers today are going to factor in the higher interest rates and costs involved in remodeling a home. The end result is list prices ae going to have to become more realistic to attract buyers, or sellers will have to be more willing to accept lower purchase offers than they did during the past few years.
Does this mean our market is in trouble? If you are looking for some encouraging news and take a look at all the large tracts of land being developed, and the big box stores continuing to expand their presence in the area. Coupled with the political climate and high cost of living up north, we may experience some market adjustments, but overall our cost of living and quality of life will insulate us from those downturns better than most.
For the past month, I’ve been desperately searching for something inspiring to write while recovering from rotator cuff surgery. It’s not how I envisioned spending my summer, but I’m far from unique, as almost everyone I meet has undergone the same surgery at least once! I guess it is somewhat like a rite of passage, although given an option, I would like to have passed through something more pleasurable. As I mentioned in my previous newsletter, there is always a silver lining to every challenge we face. For me, it is twofold, with the first being a reprieve from my wife’s ever-growing honey-do list, which appears to be gaining interest. The second has been a bit of a challenge, as I’ve tried to reflect on other things that would bring enjoyment now that I’ve been forced to limit my outdoor activities.
Every generation has its favorite recording artists and songs, and while some may disagree, music is a language that touches the soul. It’s perhaps one of the last avenues where people can communicate with each other and where emotions and beliefs can be expressed often without fear of a harsh response. Music makes my heart sing, and I find it takes you on a journey through your life. Most people I know can tell you where they were or what they were doing when a particular song they heard hit the airwaves. While listening to music at home or on a road trip is gratifying, there is nothing like seeing your favorite songs performed live.
Join the adventure that started as a spontaneous act over 30 years ago. Picture this: a group of friends led by the daring Punta Gorda attorney, Michael Haymans, decided to honor Independence Day by embarking on an extraordinary journey. They set out to conquer the 1.5-mile stretch across the majestic Peace River, inspired by tales of bygone generations who viewed this as a rite of passage. Little did they know that their audacious endeavor would blossom into something truly remarkable.
Word quickly spread about their exhilarating escapade, captivating the imaginations of those who yearned for a taste of the extraordinary. The flame ignited by Haymans and his comrades burned brightly, captivating hearts and minds. Today, an awe-inspiring spectacle unfolds on the waters of Charlotte Harbor—the renowned Charlotte Harbor Freedom Swim. An astonishing gathering of 1,000 to 1,500 individuals, adorned with red, white, and blue, come together for a remarkable celebration of freedom.
What sets this event apart is the absence of rigid regulations. Common sense and courtesy serve as the guiding principles for participants. And remember, it’s always wise to swim with a buddy, ensuring safety and camaraderie throughout the journey.
To reach the starting point, venture to Live Oak Point Park, nestled at 5100 Tamiami Trail in Port Charlotte. Park availability is limited due to nearby construction, so we recommend an alternative approach. Consider parking at the end point of your grand aquatic journey—Fisherman’s Village. From there, arrange to be dropped off by car, boat, or even an Uber at the Freedom Swim’s starting location. Alternatively, you can park across the bridge in Punta Gorda and take a delightful stroll to the put-in site, immersing yourself in the anticipation that hangs in the air.
Master the Freedom Swim: Essential Tips for Participation
I consider myself very fortunate to have met so many wonderful people during my life that I’m blessed to call “friends.” Their backgrounds are as diverse as the world in which we live. Some have been politicians, others doctors, lawyers, law enforcement, and even those with rags-to-riches stories. While I love to celebrate their histories of accomplishment, the ones whose lives touch me most are those who passionately serve others, whether through personal sacrifice or by giving generously of their gifts and talents. Their backgrounds may differ vastly, but they desire to serve with little attention drawn to themselves. One such person is long-time friend Kim Amontree, whose contributions to our community read like a “Who’s Who.” Kim has served on the local school board as Vice Chair and as an integral member of a variety of boards and committees that include the “Punta Gorda Diversity Task Force,” “Charlotte County Chamber Government Affairs,” and “Charlotte County Reads” in addition to her various roles with the Florida School Boards Association. This association aims to increase student achievement by developing effective school board leadership and advocacy for public education.
Simply put, the FSBA is the “voice of education in Florida,” which Kim has served on multiple committees and continues today as co-Chair of the Legislative sub-Committee. Kim’s involvement with the community is just as comprehensive as she serves on the Board of Directors for the YMCA of Southwest Florida and is “Chair of the Punta Gorda YMCA Community Board.” Her passion for children does not end there as she is a “Coalition Member of Drug-Free Punta Gorda,” a “Volunteer Reading Buddy.” She has also served as a mentor for Take Stock in Children and a coach for Girls on the Run. I’ve often felt Kim was the person I would call if my house were on fire as she’d be the first one on the scene and have it under control before the fire trucks arrived. She’s not one to sit back and hope for change; she’s a team player who will invoke the change.
I often ask those looking to move to our area what brought them here. For Kim, it was an opportunity for her husband Jim, a highly respected Gastroenterologist, to join the Intermedic practice years ago. Kim recalled how they met through a group of friends while both were living in Albuquerque, New Mexico. They weren’t dating for long when Kim had an opportunity to move to New Orleans, working with NCR, a world-leading enterprise technology provider of software, hardware, and services for large banks and other entities. Jim was an Assistant Professor at the University of New Mexico when a close physician friend notified him of the Intermedic opportunity. Kim jokingly said, “I told Jim I wasn’t moving just for love. It would be for a ring, a house, and a dog.” So in 1991, they made the move and never looked back. Despite being on a fast track herself, Kim put her career on hold to help Jim open his practice which came to fruition in 1999. Years later, having helped create a thriving medical practice and raising three gifted children, Kim said, “Life is short, and I wanted to spend time doing things that matter.” Those who know Kim know of her passion for community and children specifically. Having been a Realtor myself for 20 years, the questions from those looking to move to our area center around medical services and education, the question most dear to Kim’s heart.
Few of us would disagree that we live in a world fraught with many issues, from health and finance to the environment. Kim reflected, “Unfortunately, the problems in society we face today the next generation is going to have to solve, and that comes through education.” Equally challenging is the environment our educators face today. Aside from the lack of decorum exhibited in debates of opposing thoughts and philosophies, you hear in classrooms and on college campuses throughout the country, not to mention security challenges, Kim said, “There is a direct tie to the impact on educational performance that stems from socio-economic conditions. Approximately 60% of the children are “direct certified” (receiving some form of government assistance). Over 90% are considered “economically needy.” While the pandemic had devastating effects on the 2020-2021 school year, where 30% of the children missed more than ten days of school, a dramatic increase from the 12% norm, Kim said, “The Charlotte County school system wasn’t going to take the foot off the gas; the students were expected to learn the curriculum.” In 2021, the Charlotte County School System had its highest graduation rate of 91%. Not only did more children graduate, but they scored in the top tier of Florida’s Advance Placement Standardized Test.
Kim’s decision to join an organization or board comes down to one significant fact, “Does it benefit the children of the community?” I’ve always felt we educate our children to benefit other cities and towns across the country since, historically, there have been limited employment opportunities locally. Kim said they could benefit from higher-paying jobs by providing workforce opportunities to serve the community’s growth, such as aviation, where students can graduate with FAA certifications. Kim continued by saying that with the cost of education reaching all-time highs, providing white-collar opportunities without going through a four-year college program would reduce student loan debt and enable these students to earn a good living in less time. She added, “If you want better medicine and services, you must support and have confidence in the school system.” By passing the “Yes For Success” referendum, teachers’ salaries increased from $38,000 to $54,000, which is one of the highest in the state. The referendum enabled the school system to address the psychological impact many children face today. Succinctly stated, “Schools are the front line of mental health issues.” As a result of the passage of the referendum, they were able to triple the number of social workers and double the number of psychologists.
Kim continued, “Discipline is one of the biggest barriers to educational success. It only takes a two percent discipline problem in a class to impact the other ninety-eight percent.” When you factor in some families’ socio-economic challenges, taking 20 minutes a day to read with a child is often compromised. Kim added, “Some parents don’t know what they don’t know.” Reading with your child stimulates from a knowledge base perspective and builds a stronger parental bond.” I have often thought with the absence of this bond; one can only assume there is a correlation as to why we see so many issues manifesting in today’s generations.
While most people would like to talk about themselves, Gary and Gail have always put their clients first, and their diverse backgrounds have provided their clients an unparalleled level of service and knowledge throughout the past years.