Local Real Estate News

Dec. 2, 2020

It’s Over: Florida Fairly Lucky as 2020 Hurricane Season Ends

The most active season on record ended at midnight. Strong storm activity, notably in the latter half, still sent storms largely away from Sunshine State shores.

TALLAHASSEE – The most-active hurricane season on record ended yesterday, and Florida overall has been relatively lucky.

The 2020 Atlantic season, which on the ...

View More
April 22, 2020

Ground was broken for the long-awaited affordable housing development in September 2019

VENICE — Venetian Walk II, a 52-unit all-ages housing complex built on the site of Grove Terrace, could open sometime in October — roughly two months ahead of schedule.

“I drive by there all the time. It’s amazing,” said Aundria Castleberry, chairman of the Venice Housing Authority. ” They’re ...

View More
Nov. 14, 2019

Beer garden, Wawa, ‘micro restaurants’ coming to east Fruitville Road in Sarasota

Southwood Village will have 100,000-square-feet of retail and 364 luxury multi-family units on 34 acres.

In many ways, Southwood Village on Fruitville Road is a lot like the 10,000 or so other mixed-use developments proposed for the dwindling supply of vacant land in Sarasota-Manatee.

But this pending ...

View More
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 ...

View More
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 ...

View More
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 ...

View More
May 4, 2017

Developer wants to build tiny homes in Punta Gorda


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 ...

View More
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.” ...

View More
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 ...

View More
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 ...

View More