Home sales increased by 8 percent in 2011 from the year before, the third time in as many years that sales have grown as Florida continues to rebound from the housing crash that ground the state’s economy to a halt, according to statistics compiled by Florida Realtors. Sales in December, however, were off 2 percentage [...]
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2011 Pinnacle and Summit Awards
The Lee Building Industry Association’s (Lee BIA) 2011 Industry Awards were held at Sanibel Harbour Resort and Spa on Saturday, Oct. 15. The 2011 Lee BIA Industry Awards featured both the Pinnacle Awards for residential industry excellence and Summit Awards for commercial building excellence. The 2011 BIA Industry Awards recognizes and celebrates excellence in the [...]
CBIA names 2011 Sand Dollar Award recipients
The Collier Building Industry Association’s Sales and Marketing Council (SMC) awarded its members on Saturday night, Sept. 17 at the Naples Grande with the prestigious Sand Dollar Awards. The Sand Dollar Awards, the highest accolades given by the council, are presented each year to member builders, developers, architects, remodelers, interior design firms, landscape architects, trades, [...]
Offshore investors snapping up Florida real estate
Offshore investors are flocking to Florida’s distressed real estate prices as major companies with ties to Hong Kong, Spain, Argentina and Malaysia are snapping up properties sensing the local market has bottomed. International companies can park their investment and position themselves for the next development cycle, said Tere Blanca, president and chief executive officer of [...]
Lighting a fire? Local Realtors hope credit downgrade could start buying frenzy
Local Realtors are hoping for a buying frenzy in light of the recent U.S. credit rating cut by Standard & Poor’s. But right now it’s just hope. Although it’s too early to tell what the effect would be locally, Brenda Fioretti, Naples Area Board of Realtors president and managing broker of Prudential Florida Realty in [...]
