Southwest Florida Home Values Hit Bottom?

According to a report from Zillow, home values have declined 23.7 percent from a May 2007 peak.  They expect home values to drop another 2 to 4 percent before reaching a bottom in 2012.  Of the 156 metropolitan areas tracked by Zillow, 61 percent saw home values decline on a monthly basis; a quarter saw…

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Luxury Real Estate Conference

The Naples Daily News referenced Premier Sotheby’s International Realty in the 2011 Sotheby’s International Realty Global Networking Event.   There were roughly 1,150 attendees from 30 countries. This three-day event provided an opportunity for all sales associates, managers and owners who are members of the Sotheby’s International Realty network to connect, exchange ideas and forge relationships…

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Treviso Bay Purchase

Lennar Corporation, a local developer has bought the development Treviso Bay at auction.  Lennar Corporation is developing other communities in Southwest Florida, including Heritage Bay Golf & Country Club.  Although there has been no talk about the changes that will be made in developing Treviso Bay, some expect homes to be much smaller and less…

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Little Choice – Inventory is Down

There were more than 2.19 million homes listed for sale at the end of September, down 20% from a year earlier, according to a new report from the real-estate website Realtor.com. That is the lowest level since the company began its count in 2007. The report is the latest sign of how the U.S. housing…

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Be Aware…

Three women planning to retire in Naples, FL were hoping to be neighbors in the Bristol Pines Community off of Collier Boulevard, but instead all of them have lost most of their deposits on homes that were supposed to be built 5 years ago. Bristol Pines developer never built the homes that they were contracted…

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Residences at Coconut Point (ESTERO)

According to the Naples Daily News, Roy and Debra Locascio are among more than 70 buyers who have purchased condominiums at The Residences at Coconut Point within the past 18 months, and they love living there. “We downsized from a big house in Naples after our son went off to school,” said Roy Locascio. “We…

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Introducing Terraces #701

Terraces is a fabulous beachfront building located on the Park Shore Promenade. This two bedroom, two bath plus den condominium features a new kitchen with granite countertops. It is located in the northeast stack which allows for both Gulf and bay views. Abundant square footage at a price that reflects the need for some updating.…

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Introducing Belair Club #104

Clean crisp cottage just a short distance to Park Shore Beach. This cozy unit is completely upgraded with dark wood floors in the entry, living, & kitchen, granite counters in kitchen, Crema Marfil marble counters in bathrooms, plantation shutters throughout, new stainless steel appliances, Bosch dishwasher, washer, and dryer. Illuminated tray ceilings in the kitchen…

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Premier Sotheby’s International Realty – Over $1 Billion in Sales

Premier Sotheby’s International Realty sold more than $1 billion of real estate in Collier, Lee, Charlotte, Sarasota and Manatee counties in the first half of 2011, according to Terradatum.  Terradatum is a third party research firm that analyzes data in the local multiple listing service. Judy Green, president & CEO of Premier Sotheby’s International Realty,…

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New Facility in Southwest Florida to create Jobs

Per Halcyon Business Publications, Inc., 5D Composite Inc. has plans to relocate part of its manufacturing operation to Sarasota County this year.  This move will create 120 jobs over the next five years.  The new jobs created will be higher wage, technology-oriented jobs in manufacturing and engineering, as well as sales & support positions.  5D…

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