Each December we reflect on our journey from the past year with all its twists and turns and with great optimism look forward to the opportunities and promise that lie ahead in the coming New Year. Typically we start by making some kind of promise or resolution to ourselves in the form of increased exercise or by embarking on something more “self-focused” to make us a new and better version of ourselves. However, I’m sure like you, it doesn’t take long before life gets in the way and our best intentions are often put on the back burner only to be reset each month until we run out of months and it becomes next year’s resolution once again. The exercise I wanted to do, the book I wanted to read, the one I wanted to write, the trip I wanted to take, or just the simple pleasure of playing more golf or tennis seems to always fall under the category of “Things to do tomorrow,” only tomorrow has already been filled with ”Things that can’t wait another day!”This year has been different. In looking back over the past year, in particular, it has been one where I feel we’ve all had a blaring horn in our face the entire time. If it isn’t the political parties blaming each other for the divisiveness going on in the country, it is the round the clock media coverage each claiming the other is biased, while giving you their jaded view. Try having a conversation with someone before it turns into political dialogue and even if you agree it is typically emotionally filled. Add the Coronavirus to the mix, and the impact it has had on all of us, and you find yourself saying, “I’m so glad 2020 is over.”
While to some that may seem like a welcome relief, I thought, “How sad?” We just took one valuable year out of our lives and said, “Let’s throw it away.” I’ve gone through many trying periods in my life, but I never wanted to throw away an entire year, as despite the challenges and difficulties there were lessons learned that have benefitted me throughout my life.
People ask me all the time what my thoughts have been this past year and why I seem so calm as a result. My faith in God has been the main reason for me to remain somewhat at peace amid the media chaos however, I have always tended to look at things from a common-sense perspective. I don’t feel the need to be heard, or for my opinion to outweigh those of others. I find as I’ve gotten older there is more wisdom in listening than projecting an opinion and somewhere along the way common sense becomes even more clear despite what the media critics have to say.
Since Covid began I’ve seen it bring out the best and worst in some people. Some are doing their best to support those struggling through these challenging times by supporting their businesses, bringing food to those in need, or just staying in touch, letting them know there is someone who cares. Others haven’t been quite so gracious, never embodying the desire to share or step aside to help others. Some have become depressed from the lack of social interaction while others maintained their sense of humor. In a post I read the other day, a man by the name of Bernie posted, “I told my wife post Covid I will take her anywhere in the world. I’m holding up a map of the world in the kitchen and told her to throw a dart and wherever it lands, we would go…..Apparently we are going to spend two weeks behind the refrigerator!” For me, it has been a time to reflect on what is important in life and realize how fortunate we are.Since this pandemic began we’ve seen a tremendous influx of people moving to Florida, finally realizing what we have been blessed with for so long, “water, warmth, and way of life,” a phrase I credit to a friend, public speaker, and respected Realtor Denny Grimes. Since January of last year, we were hearing stories of those looking to escape the inclement weather and high taxes in the north. However, when the pandemic hit it facilitated a mass movement of those looking to escape the densely populated areas and where commuting via mass transit was a way of life. With the realization, it was now possible to work remotely and transition from the rat race to a better quality of life, these “new Floridians” were about to discover what we have oftentimes taken for granted. As a Realtor, we are typically one of the first points of contact for those looking to relocate to our beautiful state. To see the look of almost disbelief on their faces that they have arrived at what many call “paradise,” and no longer have to make the dreaded journey back north in a few short weeks, has been one of my most gratifying experiences and one I find so hard to put into words. Before long they usually share with me how friendly everyone is, how people are always outside enjoying each other’s company, and how clean our highways and stores are kept, things we oftentimes take for granted. Isn’t it funny how those of us who lived in the north often say when returning from a trip back home say, “How did we ever want to live in that environment?
As I look at the changes I want to make in myself this year I’m often amazed at the wisdom and futuristic foresight that writers of the 1940’s and 1950’s such as Ayn Rand, (Atlas Shrugged), George Orwell (“Nineteen Eighty-Four), and Ray Bradbury (Fahrenheit 451) documented in their writings. Many of the scenarios they envisioned we are living in today. For those who have read these books and other similar themed writings look at the tug of war and name-calling going on in our nation’s capital and the controlling influence of social media with little or no surprise. While others may feel they are on a runaway train they can do nothing about, my resolution is not to panic and assume the role of the victim, but to incorporate the lessons learned from these writings so I can take the emotion out of the “news of the day,” and interact with those I meet from a common-sense perspective and help preserve those special attributes that have made our community and those we share it with so special. Future generations are watching, as well as those moving to our communities. Hopefully the difference I make in myself will inspire others to do the same and instead of talking at each other we can speak with one another and enjoy this wonderful quality of life we’ve come to call home.
In our business we constantly hear from those looking to make the move to Florida, “I’ve had the big home, the fancy cars and membership to the country club, but I want to simplify things and enjoy then next chapter of my life. Isn’t it ironic how life goes full circle? We marvel at the inquisitiveness of a child, but in our later years we find enjoyment in many of the same things we did as children. However, while this year has been one full of challenges of one kind or another I recall something very profound a dear friend of mine shared with me about how adults and children perceive many of the same scenarios differently. His name is Bob DeStefano and he was at one time the longest tenured golf professional in the country and was recognized by the PGA for his contribution to junior golf and for the junior golf program he created at Gardiner’s Bay Country Club located on Shelter Island, New York. Bob said, “You know the difference between children and adults? Adults will come into the pro shop and talk about all the bad shots during their round, but children will always talk about the one good one they had.” I’ve often thought about Bob’s analogy and wondered how some children have coped with the events from this past year and what their thoughts were for the New Year. I thought who better than to reach out to a couple of families we know who have had to adjust to the changes brought on by the pandemic with young children.
Of course no interview with young children could end without asking if they had an opportunity to meet Santa. I had remarked a couple of times to Gail how sad I felt seeing Santa sitting by himself at a mall without the excitement of children all around. Olivia replied by saying she and Avra did get to meet Santa but unlike past years where they were able to sit on his lap, this year they were sitting behind plexiglass, but she added, “We still did get to tell him what we wanted.” Hailey, whose personality is bigger than her, said she and Lily haven’t had an opportunity to meet Santa yet, but I’m sure when she gets finished with him, he’ll be ready for a long winter’s nap!
The lessons I learned from these girls was that they seemed to take their challenges more in stride but had a greater compassion for others who weren’t coping quite as well. While they enjoyed getting out and seeing their classmates they were apart from for so long, they savored their life at home, and the loving environment their parents created. It was their hope for the New Year that others could enjoy the same where everyone could be happy and healthy. And that is our wish for you.
No longer are people looking just to escape the harsh winter weather in the north, we are seeing people moving south as a quality of life change. Most of the people moving in are from high-taxed areas like New York, Boston, California, and Chicago, according to the New York Times. What makes Florida so appealing is residents pay no state income or estate tax and receive a homestead exemption of up to $50,000 on a primary resident and a 3% annual cap on home assessments.
During this time many discovered they could work remotely and with management seeing no drop off in productivity, employees as well as entrepreneurs started to relocate south to areas such as Florida and Texas. New contracts for single-family homes in Charlotte County were up 41% in August compared to this time last year. Single family homes are the “crème de la crème” vs condos and townhomes because most feel it is not only easier to social distance in a house, but weren’t quite ready to give up homeownership and downsize into a condominium.
Also, a booming housing market means more new homeowners – and a higher demand for new appliances such as refrigerators, dishwashers, washers and dryers. With more people staying at home and cooking, appliances are getting much more use requiring replacement, thus adding to manufacturers being backlogged to the end of the year. This pandemic has created a perfect storm for those looking to escape the high cost of urban living and unwittingly finding there are tax advantages and low mortgage rates to be enjoyed in areas with more desirable climates. According to the latest trends, many of Florida’s gulf coast towns and cities top the list as the choice of many seeking a better quality of life.
With inventory levels so low, if there was ever a time in which to sell your home, this would be it! As of July, the median is 49 days on the market, a trend that is 9 days less from last year, and I see it moving lower in the next few months. Looking at sales of homes over the last year, the market in our area is highly active. In July of 2019, there were 345 homes sold in our area where for July 2020 we had 488 sales. Recently Punta Gorda was in the top 3 cities for people who are relocating to Florida. A lot of interest in our housing market is coming from people relocating from the north looking to escape the harsh winter weather and high taxes, but with concerns from this pandemic are looking to move to areas with less congestion where they can work remotely and avoid mass transit. With the influx of those moving to the area competition is fierce which has resulted in the median price of homes rising to $237,450. So not only are our sales looking good, but the price of our homes are attractive as well. Homes valued in the $250,000-$350,000 range are the most popular among buyers right now.
An article I read recently, “More Buyers Nix Inspections as Bidding Wars Heat Up”, a Redfin agent study found that almost one in five offers (19.9%) waived the inspection contingency to make their offers more attractive. This study was done with agents in select major US markets. The previous year it was 13.2%. Although, I understand why some are doing this I do feel this is a major part of home buying not to skimp on.
Our local newspaper mentioned how single family home permits in Charlotte County were on the rise with 216 permits were issued for the month of July which is up over 189 from the same time period a year ago. The value of the permits were $58.5M which is a $9M jump over the previous two July’s. This also represents a 14.3% jump year to year which runs from October to September. 1,791 single family home permits have been issued representing a 22.7% increase over 2019 year to date, and we still have 2 months to go. Total permits account for $487.9M, more than 2019 with 2 months to go and Charlotte County has outpaced the rest of the state which had a 17.1% increase over 2019.
We have a good education system, good government and we offer a vibrant waterfront town with many medical options nearby and our crime is low. It is just a great place to live and why we love to call it home!
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.