How the Fed’s Interest Rate Decisions Affect Mortgage Rates

graphic of interest rate arrows pointing upward

By RISMedia Staff | RISMEDIA, Tuesday, November 12, 2019— (TNS) The Fed lowered rates by a quarter of a percentage point Wednesday, for the third time this year, in an 8-2 vote. Citing “global developments for the economic outlook as well as muted inflation pressures” in a statement released by … Continue reading

Can Building a New Home Be Cheaper Than Buying an Old One?

Stock Development Wild Blue Muirfield VIII Coastal

By Meghan Belnap RISMEDIA, Monday, October 28, 2019 In most cases, it makes sense to search for older things rather than their newer counterparts when you want to save money. This doesn’t, however, always hold true when it comes to buying a home. Here are several factors that can lead … Continue reading

What’s New at Wild Blue

Stock Development Wild Blue

PHASE II is here! The response to our announcement of Phase II of WildBlue has been phenomenal. Homebuyers who attended our Model Opening were excited about the release of 19 beautiful new Stock Signature Homes on 85’ lots, with spectacular canal and preserve views. WildBlue, the one-of-a-kind new luxury lakeside … Continue reading

Pending sales up 16 percent; buyers need inventory in Bonita Springs and Estero housing markets

For August 2019, REALTOR.com reported over 9.2 million search result page views in the Bonita Springs and Estero markets, which is a 4 percent month-over-month increase. Continued buyer interest in Bonita Springs and Estero was also supported by the notable 16 percent increase in pending sales for combined single family … Continue reading

NABOR Market Report September 2010

NABOR Market Report September 2019 infographic

Home Showings Lead to Increased Sales Naples, Fla. (October 25, 2019) – The Naples area housing market enjoyed another 7 percent increase in overall closed home sales for the third month in a row. This trend leads a Broker to suggest that the consistent uptick in summer home sales illustrates … Continue reading

Fifth Avenue South evolving with new projects, mix of tenants

Two men talking on sidewalk in Naples, Florida, vintage convertible car in foreground

Laura Layden, laura.layden@naplesnews.com Phil McCabe, hotelier, developer and entrepreneur, talks about his investments on Fifth Avenue South in downtown Naples and why he’s so confident about the future of the swanky street. Hotelier and real estate developer Phil McCabe couldn’t be happier about the changes he’s seeing on Fifth Avenue … Continue reading

Confidence in Housing Soars

Florida beach house

By RISMedia Staff | RISMEDIA, Monday, August 12, 2019 Amid encouraging indicators in the labor market and mortgage rates, Americans’ confidence in housing is up, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI), recently released. In July, the HPSI surged to 93.7—a new record. Additionally, the amount of … Continue reading

Bonita Springs – Estero Realtors

Bonita Springs Estero REALTORS logo

FOR IMMEDIATE RELEASE Resale Values Continue to Rise Despite Increased Competition from New Construction BONITA SPRINGS, Florida | May 3, 2019 – New construction communities in Estero and Bonita Springs are sprouting up like weeds overnight. In previous years, a main focal point when buying real estate in Southwest Florida was being … Continue reading