Tag Archives: Sunsets

Is the Sun About to Shine on Island Real Estate?

It has been a difficult few years for anyone wanting to sell a home on Anna Maria Island. Having been part of Florida’s spectacular growth, prices on island homes had risen tremendously since the 1990’s, and therefore were subject to the same kind of fall that all popular markets experienced starting a little over three years ago. But at least there always is something about a beautiful island that sets its properties apart from the larger inventories on the mainland. There is only a finite number of island homes, and people will always want to live on an island. So there is reason to believe properties on Anna Maria will be in demand again sooner than the general market.

Island Real Estate sunshine

The question is whether the nation is beginning to see a general upturn in housing sales and prices yet. There have been articles in highly regarded publications, such as the Wall Street Journal, indicating this may be the case. In a recent article in the Anna Maria Island Sun, Louise Bolger points out that Maureen Maitland, vice president for index services at Standard & Poor’s, has speculated that we may look back on April, 2009, as the trough in home prices.

Speaking of speculation, that would mean this could be a very good time to buy an investment home in Anna Maria Island … if you can afford the high property taxes. At least there is the possibility of covering some of those taxes and carrying costs through rental. And rumor has it that if the house has a swimming pool, it is much easier to rent. Of course this all is speculation, and speculation is largely responsible for the bubble and its bursting that put the market where it is today.

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How to Survive Hurricane Season on Anna Maria Island

There’s more to surviving hurricane season than knowing how and when to evacuate. Even in summers without any significant hurricanes coming near the island, I have noticed that hurricanes still interfere with life, and cause stress.

We usually are very lucky to get plenty of warning about every major storm of the season. The tracking begins very early, when they still are far from Florida. Although this early warning can save lots of lives, it also wears on the nerves, as we pay attention to every single storm for days and days. There’s usually a storm somewhere, so this means we are looking at storms and worrying about the results for most of the summer. If nothing else, it is distracting and tiring.

From June through October, we tend to obsess about watching tropical updates on the local news channel and on the Weather Channel, at ten minutes before the hour. Then there are all the programs about storm disasters. It’s enough to make you nervous even if no storm comes your way.

Anna Maria Island beach Then, if it looks like a storm might be coming your way, life is interrupted even more. At our house, we begin to pay attention to how many bottles of water we have, and to how much canned and dried food. If the predicted cone-shaped path of the hurricane continues to include Anna Maria Island, we then start organizing our important possessions. We make sure we have enough plywood for the windows. In the years before we had a mainland evacuation destination, we also would look around for motels on the mainland, and often we’d make a reservation just in case we needed it. The problem is that it’s sometimes difficult to know, ahead of time, exactly which nights you might need that reservation. And you might not need it at all. But if you wait, the motels will be full and there is the risk of having nowhere to go.

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