Fort Myers News Press Article, September 11, 2011:
“There are two more planes headed for D.C.,” a reporter screamed as she burst into a CBS control room in Washington D.C. on the morning of 9/11.
Pfeifer’s dedication and commitment to Sanibel’s youth sports programs has benefited children throughout our community for many years. In 2003, Pfeifer started Sanibel’s first NFL Youth Flag Football League and he continues to coach and organize this sport today. After 10 years of coaching youth softball and baseball, Pfeifer took over as the Commissioner of Sanibel’s Little League program in 2009. Most recently Eric donated his time and energy as a performer in Dancing with the Island Stars to benefit the Sanibel Community House. Pfeifer remains an active Board Member of the Sanibel Captiva Kiwanis Club, and the Shell Harbor Home Owners Association.
Mark your calendar for January 22nd, 2010 to attend "Dancing With the Sanibel Stars". Yes, both photos for this article have been graphically altered for maximum impact…
Last year this event was grand success raising much needed funds for the improvement of Sanibel's Community House. Please take a moment to find a ballot box located around Sanibel Island and vote for your favorite dancer.
SEPTEMBER 2, 2010: Article submitted by David Wright, Sanibel Captiva Community Bank
30 Year Fixed Rate Mortgage – 4.125% Not only a catchy headline 30 year fixed rate mortgages really are priced that low for qualified borrowers. Everyone who has a home mortgage should at least meet with their mortgage lender to discuss refinancing opportunities. Consider the numbers: If you have a 30 year fixed rate mortgage of $225,000 priced at 5.375% (a fine rate) your monthly principle + interest payment is $1,259.94. Refinance at today’s 4.125% and your payment falls to $1,090.46. You enjoy a savings of $169.48 per month, over $2,000 per year.
The Tide Has Turned!
Four years ago, buyers, sellers and Realtors on Sanibel & Captiva didn’t know what had just happened. The real estate bubble had burst, but nobody recognized the signs or wanted to accept a change. We held onto the idea that Sanibel is insulated from the real world by a three mile causeway. Now, entering our fifth year of a declining market, many are wondering when we will hit the bottom.
AT LONG LAST, THE MARKET FOR LUXURY REAL estate is coming back to life.
Prices for primary residences, which plunged at least 20% from the peak in 2007, appear to have bottomed. In some of the snappiest locations, scattered bidding wars are breaking out and prices are turning upward.