Naples Area Board of Realtors found that the housing inventory dropped to a 5 year low. There are now 7,581 homes and condominiums on the market, 17% less than a year ago, when the housing inventory counted 9,145 homes. Nationally, home sales last month reached their highest pace in nearly a year. The gain coincided [...]
According to the latest numbers covering the Greater Forty Myers area housing market, home prices are up. The Realtor Association of Greater Fort Myers and the Beach Inc. published its latest report which highlights the increase of the median price. The median price of a single-family home sold with the help of a Realtor last [...]
The resort community east of Naples gives strong signs of rebirth after it fell into foreclosure last year. The reason why it will re-open its doors to buyers is because last year, Lennar Corp., a Miami-based homebuilder took over the troubled development at a foreclosure auction held at the court steps of Collier County. Public [...]
Hyatt Regency Jacksonville Riverfront owners have been hit by a foreclosure lawsuit which resulted in a $195.5 million judgment awarded to US Bank NA, the trustee for the lenders. However, the owners of the downtown hotel did not let the property go, they continued their fight and tried to renegotiate their loan to keep control [...]
