Archive for the ‘Ft Myers Area News’ Category

Lee County home sales rise in January

Sales of existing single-family homes in Lee County got off to a strong start in January, rising 47 percent from a year ago to 1,115.
The median price of homes in Lee, however, fell 4 percent year-over-year to $91,000, according to statistics released Friday by the Florida Association of Realtors.
For condominiums, sales increased 165 percent to [...]

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Lee County’s February foreclosures up over January

Lenders filed 1,420 foreclosure suits in February in Lee County — up 16 percent from January’s 1,228, according to statistics released today by the Southwest Florida Real Estate Investment Association.
February’s filings were down 49 percent from February 2009.
The pace of foreclosures in the county has been trending downward for the past several months.
Foreclosures peaked in [...]

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Lee County single-family home permits remain steady

Contractors pulled permits to build 34 single-family homes in unincorporated Lee County in February — the same as January and up from 25 in February 2009, according to statistics released today by the county Department of Community Development.
Permits were issued for 18 multi-family units, compared to 16 in January and eight in February 2009.
As in [...]

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Real estate industry facing low prices, increased sales

While Southwest Florida’s residential real estate market may have hit rock bottom, property owners and agents won’t be seeing the boom times of 2004 and 2005 in the foreseeable future. And the commercial real estate industry may face an even longer climb.
That was the message veteran brokers Denny Grimes and Stan Stouder delivered to more [...]

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Lee County home sellers dodge lowballs with minimum bids

Home sellers and Realtors have a new message for potential buyers: Lowballers need not apply.
They are discouraging mere lookers and some bottom feeders by posting minimum prices on listings on the Multiple Listing Service database of available homes.
Roby Robinson was fed up with cleaning up and vacating his former home for showings that led to [...]

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South Fort Myers mansion will go to the highest bidder

Want to own a mansion along the Caloosahatchee River?  The south Fort Myers home of WCI founder and former chairman Al Hoffman is headed to the auction block. On the market since 2005, the seven-bedroom, Gulf Harbour mansion will be sold to the highest bidder March 13.
The asking price dropped from $17 million initially to [...]

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Fort Myers area home resales up 120 percent

Naples News
Homes resales are up nearly 120 percent year-to-date in the Fort Myers area.
From January to September, 12,526 single-family homes sold. In the same months last year, there were 5,727 sales, according to the Realtor Association of Greater Fort Myers and the Beach Inc.
In September, sales rose 56.7 percent. There were 1,185 homes sold. [...]

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Lee County foreclosures slightly down in Sept.

News Press
There were 1,610 mortgage foreclosure lawsuits filed in Lee County in September, down slightly from August’s 1,692 and sharply off the near-record 2,462 from September 2008, according to statistics released today by the Southwest Florida Real Estate Investors Association.
Foreclosures spiked sharply higher after the residential real estate boom in Southwest Florida ended in early [...]

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Lee County housing permits fall slightly in Sept.

BY DICK HOGAN  News Press
There were 31 single-family-home permits issued by unincorporated Lee County in September, down slightly from 34 in August and 32 in September 2008, according to statistics released today by the county Department of Community Development.
Sanibel and Fort Myers Beach reported no permits issued and there were 18 in Bonita Springs. Those [...]

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Lee existing home sales almost double year-over-year

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 [...]

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