Bonita Springs – Naples Real Estate – Jim Barbour

Southwest Florida residents may be excited to know about the city council’s approval of the sprawling TPI-FMB project that was unanimously voted for on Monday. Fort Myers Beach Talk reported that the development will bring a 254-unit resort hotel, aquatic venue, restaurant and pedestrian bridge at the entrance to Fort Myers Beach where Helmrich Plaza […]

Many homeowners and buyers in flood-prone areas will see higher flood insurance premiums starting April 1. The premium hikes, which are required by law, will be as little as 2 percent for some properties and as high as 24 percent for others. On average, the increase will be about 8 percent. “The National Flood Insurance […]

According to the Bonita Springs-Estero REALTORS® Media Committee, homes that have been updated within the last three years are commanding higher prices and are competing against new construction homes. Reduced inventory in the $1 million plus price segment is also seeing less activity due to outdated finishes in and out of the home. “In the […]

The number of closed single family home sales in Lee County dropped slightly during 2017 when compared with the previous year. Home sales were down 1.5%, while the sale of condominiums increased 6.5% during the twelve month period. In neighboring Collier County, single family home sales increased 3.5% and condo sales were up 5% last […]

–   ——————————————————————————————————————————-While foreclosures have dropped to pre-recession levels, a huge backlog is building due to longer processing times. The average time to foreclose jumped to more than 1,000 days nationwide in the fourth quarter of 2017 – a 14 percent increase from the previous quarter and a 28 percent increase from a year ago. […]