Bonita Springs-Estero January Market Report-Closed Sales Hold Steady; Median Price Up 6% Year Over Year

The number of closed sales in the Bonita Springs-Estero Market mirrored the same month one year ago with 207 properties changing hands compared to 206 in the first month of 2019. The median price of both single family homes and condominiums combined, increased 6.2% to $309,000 in the past year from $291,000 during the same […]

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Southwest Florida’s Highest Priced Real Estate Transactions: In Lee County It’s Multi-Family; In Collier County It’s Luxury Homes

Hordes of new residents flocking to Southwest Florida are driving demand for housing and other real estate. That demand is also fueling some high returns and huge deals. Many of the priciest real estate sales of last year were based around investments in housing, and specifically in Lee County apartment complexes. The boom of multifamily […]

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Fort Myers Metro Area Named Best Place In America To Retire

A prominent publication has named the Fort Myers metro area as the Best Place in America to Retire. U.S. News & World Report released its 2020 Best Places to Retire in the United States list, and all Florida cities were in the top third, with three metros in the top 10. The magazine says its […]

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Florida Leads The Nation In Borrowers Denied A Mortgage

Mortgage Lenders Turn Down About 1 In 10 Florida Buyers       LendingTree study: The number of buyers approved for a mortgage loan has hit a post-recession high, but of 50 cities with the most denials, the top four metros for loan turn-downs are all in Florida. ORLANDO, Fla. – Mortgage denials have fallen […]

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Fort Myers (5th), Naples (8th) Included In Top Ten Cities At Risk Of Damage From Storm Surge

A review of CoreLogic data by 24/7 Wall St. studied the number of homes at risk of destruction from flooding due to storm surge, and the estimated construction costs that would be required to replace these homes if hit by a major hurricane. After studying the total number of homes and potential reconstruction costs, it […]

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