Treeline Corridor Fort Myers

On September 29, 2008 By

The Treeline Corridor was recently featured in a News-Press article authored by Don Manley. For those of you from out of town, Treeline Avenue parallels I-75 and runs from Colonial Boulevard until it connects with Ben Hill Griffin Parkway just south of the airport. Treeline provides significant traffic relief for those traveling north-south west of [...]

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Red Sox Real Estate

On September 28, 2008 By

As the Red Sox continue their spring training relocation dance with Sarasota, it appears that the most viable spots in Lee County for a new Red Sox complex are in Estero. A new spring training complex in Estero makes all the sense in the world. First and foremost, Estero is close to the Coconut Point [...]

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Is Florida a Socialist Republic as suggested by Mathew Falconer in an American Chronicle article? Falconer presents compelling analysis of the long-term effects of the Save Our Homes Amendment on the Florida economy. The article describes Save Our Homes as a tax shift rather than a tax limit. Save Our Homes shifts the tax burden [...]

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Affordable Gulf Harbour

On September 19, 2008 By

The other day one of my colleagues used the words “affordable” and “Gulf Harbour” in the same sentence. Yes, we are talking about that Gulf Harbour along McGregor Boulevard in Fort Myers. Today there are 182 properties for sale in Gulf Harbour’s 18 distinct neighborhoods. A whopping twenty Gulf Harbour properties are currently listed at [...]

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Web 2.0 Real Estate

On September 16, 2008 By

The Washington Post discusses the rapidly growing importance of web 2.0 practices in the real estate industry. Wikipedia defines Web 2.0 as: a living term describing changing trends in the use of World Wide Web technology and web design that aims to enhance creativity, information sharing, collaboration and functionality of the web. Web 2.0 concepts [...]

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Foreclosure Investing

On September 15, 2008 By

The NY Times recently featured an article about investors that are focused on distressed property investing. The article touches on the three stages of distressed property: pre-foreclosure/short sale; properties in default that are being auctioned and real estate owned (REO) property. It is estimated on a national basis that one in every 416 families is [...]

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Mortgage Fraud

On September 14, 2008 By

The party is over for one Cape Coral couple, Ron and Lisa Luczak, who last week plead guilty to a mortgage fraud scheme. The racket which targeted Cape Coral property, used straw-man buyers, over-inflated appraisals and contract assignment fees involving at least 37 properties and $27M in home loans. In an 18 month period, Lisa [...]

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Naples Sales Up

On September 13, 2008 By

A bit of positive real estate news for Naples and Collier County. In August, real estate sales volumes of were up for the 7th consecutive month. August saw 373 closings up from 293 in August of 2007. Median selling prices have declined dramatically during this period, from $375,000 to $238,000. Reports like this reinforce the [...]

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Cape Coral Gold Coast

On September 9, 2008 By

Question: Name an affordable sailboat access community in Southwest Florida? Answer: Cape Coral’s Gold Coast Yes indeed, affordability has returned to the waterfront real estate market in Cape Coral. Where else can you find a direct, sailboat access single-family home for under $250,000? The Gold Coast of Cape Coral is the place! The Gold Coast [...]

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