The Wall Street Journal provides an in-depth review of the dispute between Bonita Bay Group and the members of the golf clubs in its various communities. The net-net of this battle is that Bonita Bay pitched that any member could have their deposit returned without conditions if they no longer wanted to be a member [...]
[more] →How about a new way of segmenting the neighborhoods of Fort Myers? Most real estate websites carve up a community by zip code or subdivision, this approach works well if you are familiar with the area and know which zip codes cover the the neighborhoods you are interested in. Although we offer both zip code [...]
[more] →In figures recently released by RealtyTrac, the Cape Coral-Fort Myers area was second in the nation in foreclosures during the first half of 2009. One in every 14 homes in the region was in some stage of the foreclosure process during this timeframe. Our region only railed the Las Vegas market, where one in every [...]
[more] →The trail of false promises, scammed investors and deceit just never seems to end when it comes to Russ Whitney. His latest venture, Millionaire University is the subject of a class action suit filed by a group of scammed students. Basically, Millionaire University ran late night infomercials designed to lure naive real estate investor wannabees [...]
[more] →NBC-2 reports that 25% of all homes sold in Collier County are to foreigners. Attracting new buyers with exchange-rate goosed dollars to the market is truly the best way for us to pull this housing market up and out of the downturn. Over the past year, the top foreign countries for visitors to my real [...]
[more] →The News-Press reports that the Lee County Commissioners discussed the possibility of acquiring highly-discounted Lehigh Acres residential lots and bundling them together for industrial and commercial development: Lee County should stock up on cheap lots, a county commissioner suggested. Frank Mann said Thursday the county ought to buy discounted lots in Lehigh Acres, bundle them [...]
[more] →Here is the latest news regarding Chinese Drywall which has been found in hundreds of homes and condos in Southwest Florida. It is good to see the publicly traded builders stepping up and taking responsibility for this problem. Publicly traded builders are being grilled by analysts about their liability in using defective Chinese drywall. Miami-based [...]
[more] →Luxury carriage homes for under $250K If you have ever dipped your toe in the water at Miromar Lakes and thought about buying a home………now might just be the time to dive in. Home and condo prices at Miromar Lakes have dropped significantly and this wonderful community is now financially feasible for a broader spectrum [...]
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