Naples News By LAURA LAYDEN
BONITA SPRINGS — It’s no deal for now for members of the Bonita Bay Club.
David Lucas, chairman of the Bonita Bay Group, has called off talks with a Turnover Committee that has been handling the negotiations for members trying to buy their golf club from the developer.

Naples News
The Lee Building Industry Association’s Fourth Annual Summit Awards were held at the Hyatt Regency Coconut Point on Sept. 18.
The goal of this event is to celebrate success and professionalism within the commercial and remodeling industry.
Created by the Commercial Contractors Council of the Lee BIA, the awards provide an opportunity to recognize excellence in [...]

News Press By Dick Hogan
There were 1,252 existing single-family homes sold in August in Lee County with the help of a Realtor, almost twice the 684 from a year earlier, according to statistics released today by the Florida Association of Realtors.
The median price of a house sold was $89,300, off 39 percent from the $146,900 [...]

News Press By Dick Hogan
Investors also help drive home sales
Mike Lashbrook and his wife, Denise, rented and watched for two years before finally buying a house at today’s bargain prices.
It was well worth it, said Lashbrook, 42, who moved here from Fort Lauderdale to take a job with Gartner Group in Gateway.
He’s one of many [...]

Wall Street Journal By William Bulkeley
Bonita Bay Group, once a premier developer of upper-crust golf communities in this upper-crust town, is on the verge of collapse. The company says it will be forced to file for bankruptcy if it has to refund $245 million in golf-club membership fees some homeowners are demanding, in a battle [...]

Florida Association of Realtors
Florida’s existing home sales rose in August — marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.
Existing home sales rose 28 percent last month with a total of 13,850 homes sold statewide compared to 10,813 homes [...]

BY NANCI THEORET  Florida Weekly
Realtors and industry experts in Southwest Florida say we may be finally looking in the rear-view mirror as sales numbers rise in Collier, Lee and Charlotte counties and prices continue to plummet to a 10-year low.
H. Shelton Weeks, the Lucas Professor of Real Estate in the Lutgert College of Business at [...]

By Naples Daily News staff report
BONITA SPRINGS — A joint meeting of Bonita Springs City Council and the city’s planning and zoning advisory boards set directives for city planning initiatives in a joint workshop Monday morning.
It was meant to jump-start proposals for downtown revitalization that have been stalled for months, if not years.
“Our goal here is [...]

By LAURA LAYDEN Naples News
BCB Homes Inc. is suing Bonita Bay Group, saying it has been hurt by the developer’s failure to properly market and operate Mediterra.
The lawsuit, filed in Collier County Circuit Court last week, seeks damages and BCB wants out of contracts it signed to become a preferred builder in Mediterra, a master-planned golf [...]

By LAURA LAYDEN Naples News
Fort Myers area Realtors sold more homes in the first eight months of this year than they did in all of 2005.
Members of the Realtor Association of Greater Fort Myers and the Beach Inc. sold 13.6 percent more homes from January to August than they did in the height of the [...]