Local Real Estate News

Jan. 17, 2019

Sunseeker resort project moves forward - Feds approve Sunseeker seawall

The Sunseeker resort project has received the federal permit that is key to the construction of high-rise condominium towers.

The U.S. Army Corps of Engineers confirmed that it issued a permit on Nov. 29 for the construction of a 934-foot concrete seawall. The permit is not addressed to any ...

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Jan. 8, 2019

Smaller home buyers most impacted by shutdown

ENGLEWOOD, Fla. – Jan. 7, 2019 – As the partial government shutdown stretches through another week, Florida home buyers using government-backed loans may have a hard time closing on their houses as federal agencies operate in a limited capacity.

"We have several buyers right now who are getting either USDA ...

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Sept. 20, 2017

SE Florida's Real Estate market OK despite Irma’s punch

SOUTHEAST FLORIDA – Sept. 19, 2017 – Hurricane Irma's effect on South Florida's vibrant real estate market is not likely to be much more than the hassles of delayed home deliveries and closings, industry observers say.

Twelve years ago, Hurricane Wilma swept across Broward, Palm Beach and Miami-Dade ...

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May 4, 2017

Developer wants to build tiny homes in Punta Gorda

PUNTA GORDA, Fla. -

If you watch HGTV, you know tiny houses are all the rage.

ABC7 has learned a developer wants to build a tiny home community in Punta Gorda at the corner of Cooper Street and Airport Road.

While plans for the tiny town are made, local builder Jonathan Barkenquast ...

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Oct. 21, 2016

Downtown Fort Myers Hotel, Harborside on Track for 2017!

The long awaited hotel in downtown Fort Myers could break ground early next year.

And to keep their promise to Lee County, city officials will start renovations to the Harborside Event Center before the Dec. 31 deadline.

“It’s great,” City Manager Saeed Kazemi said. “It’s all coming together.” ...

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Sept. 27, 2016

Housing Shortage Eases in Some Tight Markets

FORT MYERS, Fla. – Sept. 26, 2016 – Some relief may be in sight for a housing crunch that's been driving up home prices and crimping sales across the country.

Housing inventories rose in the third quarter from a year ago in 21 of the 100 largest markets, according ...

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Oct. 29, 2015

This is a HOT SELLERS Market!

This is a HOT SELLERS Market

The real estate industry considers a market to be “healthy” when the current inventory is at a six month level.  Said another way, at the current monthly rate of sales, the current inventory would be gone in six months’ time should ...

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Oct. 12, 2015

Punta Gorda PD offering free vacation home checks

PUNTA GORDA, Fla.- The Punta Gorda Police Department is working to protect residents from being targeted by thieves through a free service called “Away from Home.”

Southwest Florida is home to thousands of snowbirds, and many people worry about their homes while they’re away for months at a time ...

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Sept. 17, 2015

Teardowns are on a tear in SWFL's pricey housing areas

Older houses in Southwest Florida’s nicer neighborhoods are fast being torn down as rising land prices make it faster and cheaper to raze rather than remodel.

In their place, larger houses are being built – usually bigger, and often higher.

“If you find out you have to spend millions for a ...

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June 22, 2015

Latest News in Punta Gorda!

Dear Friends and Neighbors:

 

Many of you are aware that the State Legislature finally approved a budget after much delay. What you may not be aware of is that the General Appropriations Act, just made final Fridayevening, included requests by the City for $150,000 towards construction of ...

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