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Current Southwest Florida Real Estate News and Information

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June 29, 2018
Mortgage rates fall again this week

News Article

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June 28, 2018
Why Publix is stocking up on real estate

As Amazon’s acquisition of Whole Foods threatens to upend the entire grocery sector, those currently sitting atop the retail food chain are working hard to

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June 25, 2018
Single-family home sales shoot up | LinkedIn

Sales of new homes in the U.S. leaped 6.7% in May, beyond expectations for a 1% increase, according to CNBC. The purchases of new single-family homes grew to 689,000, The Wall Street Journal says, ... See more

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June 24, 2018
Gartner begins major Fort Myers expansion | Business Observer | Business Observer

Business consultant Gartner is expanding into three additional buildings in Fort Myers as job growth within the company continues

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June 21, 2018
Fort Myers restaurants: Fat Katz launches Skinny Dogz in Gateway

From the owners of the acclaimed Fat Katz in Fort Myers, Skinny Dogz is coming soon to Gateway. Get a sneak peek, plus more food news in A La Carte.

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June 15, 2018
A La Carte: Mad Fresh gets new owners; brunch-focused Skinny Dogz heads to Gateway

Patrick and Nathalie Schuster, who recently moved to Southwest Florida from Germany, owned a series of crepe stands in their hometown outside of Frankfurt

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June 14, 2018
Grasmeier Business Services, LLC

Grasmeier featured in June/July issue of Gulfshore Business Magazine.

Featured in June/July issue of Gulfshore Business Magazine.

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June 12, 2018
More than a dozen hotels planned for Collier and Lee

Not all projects will make it. Lack of attractive financing, labor shortages and rising labor costs can derail new hotel development.

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June 12, 2018
CoreLogic: Total U.S. home equity passes $100 trillion

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June 10, 2018
Real estate, local economy remain strong despite high-profile bankruptcies - Naples Herald

Although businesses such as Toys R Us and Sears are closing stores across the country, those in the area say the commercial real estate market in Southwest Florida is doing great, with developments ... See more

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RSS National | RISMedia

  • Builder Confidence Healthy in July
    Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one. “Consumer demand for single-family homes is holding strong this summer, buoyed by steady job growth, income gains […]
  • Down, but Not Out: Buyers See Some Success
    Against discouragingly inadequate inventory and high prices, buyers are finding a way, according to a new survey. Fifty-one percent of homebuyers did not pay above asking price, despite concerns over multiple-offer scenarios, 42 percent made one or two offers, at most, and 34 percent were “unfazed” by the increases in prices and rates, according to […]
  • Housing Starts: Ground-Breaking in June Plummets
    Home-building in June sharply slid, with overall starts toppling 12.3 percent, and single-family starts tumbling 9.1 percent, according to the Commerce Department. Housing starts totaled 1.17 million, with 304,000 multifamily (five or units or more) starts and 858,000 single-family starts. Additionally, approvals for builds fell 2.2 percent to 1.27 million permits; however, approvals for single-family […]
  • The Biggest Homeownership Hurdles for Millennials
    Millennials should be making a sizable stamp in homeownership, but they have been largely absent from the housing space. Why is it that the largest generation in U.S. history isn’t participating in real estate as heavily as its predecessors? There are many difficulties standing in their way, according to new research. A recent report by […]
  • First-Timers: Better Chances in Colorado and Texas
    The housing market today is unprecedented, and buyers are contending with cost pressures and short supply—but, according to a recent report by WalletHub, there are cities where conditions are more favorable for first-time homeowners: Broken Arrow, Okla. Tampa, Fla. Centennial, Colo. Boise, Idaho Grand Rapids, Mich. Thornton, Colo. Frisco, Texas McKinney, Texas Cary, N.C. Gilbert, […]
  • Cryptocurrency, Cyber Fraud Focus of Trump Task Force
    On an executive order by President Trump, four agencies established the Task Force on Market Integrity and Consumer Fraud last week, charged with guiding “the investigation and prosecution of cases involving fraud on the government, the financial markets and consumers, including cyber fraud and other fraud targeting the elderly, service members and veterans, and other […]
  • Is Amazon Embarking on Home Insurance?
    July 16 is Prime Day, and this year’s deals feature double discounts on Alexa-enabled smart home devices, including Echo, Fire TV and Fire tablets, Amazon reports. As the marketplace giant gets more and more involved in the lives of homeowners, could consumers start to see offshoots into other home-related services? Amazon-run home insurance could be […]
  • Appraisals Bring Fewer Seller Surprises
    Appraisals brought fewer seller surprises at the start of summer, with appraisals in June just 0.25 percent below what homeowners predicted—the closest the gap has been since February 2015, according to the Quicken Loans National Home Price Perception Index (HPPI). Appraised home values rose 4.57 percent year-over-year, according to the Quicken Loans National Home Value […]
  • Maria’s Impact: Puerto Rico Home Values Take a Hit
    But Interest in Market Grows Nine months after Hurricane Maria devastated the island of Puerto Rico, residents are still in the midst of recovery, and real estate prices continue on a downward trend. According to a new Point2Homes report, property values saw a 15 percent decrease since the hurricane hit, currently at nearly half of […]
  • Confidence in Housing Slightly Wilts
    The confidence consumers have in housing is slightly wilting, as homebuyers are immobilized by sparse supply, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for June. At 90.7, the Index flattened 1.6 percentage points month-over-month, but remains up by 2.4 percentage points year-over-year. Twenty-eight percent of homebuyers are optimistic about purchasing—no change from […]