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 LAURA LAYDEN Naples News
Summer has been hot for Naples Realtors.
August brought another busy month, with home and condo resales up nearly 40 percent.
A monthly report by the Naples Area Board of Realtors shows 545 total sales in August, up from 395 in the same month a year ago.
The report tracks Realtor sales made through the [...]
By LUKE MULLINS US News
As the housing market shows signs of stabilization, home buyers are seeing their leverage over sellers dissipate, according to a new report from Zillow, a real estate information service. The report found that, nationally, buyers paid an average of 3.3 percent—or about $7,000—less than final listing prices in July, which is a substantially [...]
By LAURA LAYDEN Naples News
Foreclosure activity slowed in Lee County in August. In Collier County, it increased a bit.
A report by Irvine, Calif.-based RealtyTrac shows 4,133 foreclosure related filings — or one for every 88 households _ last month in Lee. That was down more than 26 percent from July.
In Collier, there were 1,137 filings, or [...]
Florida Weekly
Bill and Caryn Schuman requested one thing for their residence in Bay Colony. Sure, they were sold on 18th floor views of the rolling green of Pelican Bay Golf Course to the east and calm waters along the Gulf of Mexico to the west. The 3,500-square-foot-condo was dreamy and spacious.
What grounded the purchase and [...]
By J.W. ELPHINSTONE, AP Real Estate Writer
Home prices posted their first quarterly increase in three years, signaling the housing market has turned a corner.
The Standard & Poor’s/Case-Shiller’s U.S. National Home Price Index released Tuesday rose nearly 3 percent from the first quarter to 133, though that reading is still down almost 15 percent from the [...]
BY DON MANLEY • News Press • AUGUST 23, 2009
The picture may be brightening for sales of high-end houses in Lee County.
That market segment, homes priced at $1 million or more, hasn’t seen the same sales burst this year as abodes priced at $500,000 or less. But Realtors and developers say they’ve seen an upswing [...]
