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January 2011

There are 5 blog entries for January 2011.

Mediterra in Naples, Florida: 2010 Real Estate Sales Review

Monday, January 31st, 2011 at 4:50pm. 1,706 Views, 6 Comments.

Mediterra Beach ClubThe end of year 2010 Mediterra real estate market statistics for both home and condominium sales are listed below. Located in North Naples, it is widely recognized as one of the most premier golf club communities in the area.

Mediterra is completely reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community that still is offering new construction possibilities. Centered around two Tom Fazio designed championship golf courses and the 25,000 square foot Country Club at the Piazza, residents at Mediterra will enjoy one of the most exclusive lifestyles available on the Southwest Florida Gulf…

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FHA Extends 90 Day Property Flipper Waiver

Sunday, January 30th, 2011 at 2:36pm. 945 Views, 5 Comments.

FHA News-HUD Extends Waiver for Property FlippersBack in January of last year, HUD announced it was waiving its rule of prohibiting the 90 day waiting period for obtaining an FHA mortgage on a flipped property. The change was originally intended to temporarily help boost the sagging housing market and was set to expire on January 31, 2011.

On Friday of last week, FHA Commissioner David Stevens extended the "anti-flipping rule"  waiver through January 31, 2011, and said the move was based on HUD's intention to help "accelerate the re-sale of foreclosed upon homes in neighborhoods struggling to overcome the possibility of property abandonment and blight."

The wavier action…

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Miromar Lakes Named Top Community in the U.S.

Wednesday, January 19th, 2011 at 6:37pm. 2,894 Views, 2 Comments.

The National Association of Home Builders has bestowed its Gold Award for Community of the Year on Miromar Lakes Beach and Golf Club. Located in south Ft. Myers, Miromar Lakes is a luxury resort community built around 700 acres of freshwater lakes. Amenities include three miles of white private beach, an Arthur Hills Signature golf course and an award winning 39,000 square foot Beach Club.

Miromar Lakes Beach Club

Residents of Miromar Lakes enjoy being pampered with everything from a full menu of concierge services to gourmet dining at the Blue Water Beach Grill. The community also boasts other features including the spa and fitness center, a 10,000…

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Florida Real Estate: 2010 Buyer and Seller Characteristics

Tuesday, January 11th, 2011 at 4:25pm. 3,298 Views, 5 Comments.

Florida Real Estate - 2010 Buyer and Seller CharacteristicsT he following are excerpts from the 2010 Florida Real Estate Home Buyer and Seller Characteristics Profile released by Florida Association of Realtors. A review of the data gives some intriguing and interesting information and provides many valuable insights into what motivates buyers and sellers of real estate in Florida.

 

Florida Home Buyers Profile

Florida Home Buyer Characteristics:
  • The median age was 43 years old.
  • The median income of was $65,300.
  • 65% reported they had no children under age 18 living in their home.
  • 56% were married couples, 19% single females, 11% single males, and 11% were unmarried couples.

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Southwest Florida Foreclosures: 2010 Year End Review

Wednesday, January 5th, 2011 at 9:14pm. 1,033 Views, 8 Comments.

Southwest Florida Real Estate - 2010 Foreclosure ReviewThe crush of foreclosures in the Southwest Florida real estate market may finally have started to subside as we head into 2011. It seems Lenders only filed 10,669 foreclosure lawsuits in Lee County in 2010, a decrease of 50.8% from the 21,768 filings in 2009. For Collier County, lenders filed 4,452 foreclosure lawsuits, a decrease of 47.2% from the 8,421 filings in 2009. All in all, it's not too bad when you consider we've had over 100,000 foreclosures in the two county areas since January, 2006.

For Lee County, December's 409 foreclosures was an increase from November's 343, but it's still far below the peak of 2,665 reached in…

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