Hertz Relocating Corporate Headquarters to Estero, Florida

Great news for Estero, Florida! Hertz  - a Fortune 500 company - is relocating its corporate headquarters from New Jersey to Estero, Florida.

The chosen site is the SE corner of Williams Road and US 41.
This decision is a booster for the local economy of Estero and South Lee County.
On a real estate point, it can be predicted as a positive influx for the value of properties in communities around like Pelican Sound Golf & River Club, Rapallo at Coconut Point, West Bay Club, Shadow Wood at The Brooks or The Colony At Pelican Landing.

View complete article in Naples Daily News...
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US Housing Starts Rise - Gaining Strength.

The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 917,000. That’s up from 910,000 in January. And it’s the second-fastest pace since June 2008, behind December’s pace of 982,000.
U.S. builders started more houses and apartments in February, while requesting permits for future construction at the fastest pace in 4 ½ years. The increases point to a housing recovery that is gaining strength.
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OPEN HOUSE - Island Sound At Pelican Sound

OPEN HOUSE - Sunday March 17th - 1 to 4 PM.

20940 Island Sound Cir #204. Estero, FL 33928 - Map - 

Turnkey furnished condo in Island Sound at Pelican Sound.

Updated. New paint, new fans and lightings, new window treatments.

Diagonal tiles in living area.

Corian counter tops in kitchen.

West exposure.

Perfect conditions. A must see...

All the amenities of Pelican Sound Golf & River Club: 27-hole championship golf course, two clubhouses, fitness center. 6 lighted tennis courts, boat shuttle to the beach, boat storage and boat launch on Estero River with direct access to the Gulf of Mexico.

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Bridgewater Bay Naples - Beautiful Coach Home For Sale

BRIDGEWATER BAY - NAPLES:
Beautiful 2nd floor coach home in Bridgewater Bay Naples. Huge lanai overlooking a lake.
Located at the end of a cul de sac, this coach home is the best one on the market right now with lots of upgrades: Beautiful ceramic tiles, granite counter tops and 42" wood cabinets in kitchen. Custom window treatments.
Three bedrooms plus a den, two full baths and a powder room. 2-car attached garage.
Bridgewater Bay offers great amenities: Clubhouse with activities, business center, a resort-style pool and a lap pool, two lighted Har-Tru tennis courts, a playground and much more in a great location in North Naples.
Offered at $329,000 - partly furnished. MLS # 213008614
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Florida Real Estate - Towards Another Real Estate Bubble?

Hedge funds and investment firms are buying up Florida foreclosures, beating out homebuyers and local flippers, while steering the state into what some fear is another real estate bubble.

The companies, including New York-based Blackstone Group and Lake Success Rentals, a partner of Toronto-based Tricon Capital Group, purchased an estimated 5,300 Florida homes last year that were in some stage of foreclosure, according to a report from RealtyTrac.
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Turnkey Furnished Condo For Sale - Pelican Sound Golf & River Club, Estero FL

Turnkey furnished condo for sale  in Pelican Sound Golf & River Club.

This lovely 2nd floor condominium is offered turnkey furnished. Diagonal tiles in living areas, Corian counter tops. Freshly painted.
Nice furnishing with new fans, lightings and window treatments.
Pelican Sound is a bundled golf community in Estero offering a 27-hole championship Audubon certified golf course, two clubhouses, six swimming-pools, a fitness center, six lighted Har-Tru tennis courts and a boat shuttle to the beach!
A boat launch and boat storage are also part of the amazing amenities of Pelican Sound. Not only a golf community, also a boating community...
Offered at $169,000. MLS #213004495.
View complete info and photos...

Lesina At Hammock Bay - Beautiful Turnkey Unit For Sale

Beautiful professionally decorated unit for sale in Lesina At Hammock Bay, Naples Florida.

This corner unit is stunning and offers four bedrooms, three and a half bathrooms in almost 2,900 square feet under air.
Lesina is the newest of the three luxury high-rise buildings in Hammock Bay and offers stunning amenities: concierge, grand salon, social room, billiard room, library, fitness center with sauna, swimming-pool and spa, cabanas and pool pavillion.
Offered at $699,000. 
1050 Borghese Ln #301. Naples, FL.
MLS #213004356

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Naples, FL - Another Sign Of Real Estate Recovery

Naples real estate is heading in the right direction with a very active market in the past year and 2013 starting very strong.
Major national builders are starting construction again in existing communities and new ones.

Custom builders also starting construction of spec homes in high-end neighborhood like Port Royal, Olde Naples or Aqualane Shores and Mediterra as they are confident the real estate market is recovering in the Naples area.
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Naples Real Estate - Overall Median Closed Price Up 11%

Serious Buyers hurry! Do not wait any longer if you are seriously planning to buy a property in the Naples area! The inventory is decreasing drastically and more areas have such  low inventory that the selling price increases.
NABOR (Naples Association Board Of Realtors) released a few days ago the sales report and statistics for October 2012 and here are the main facts, for the 12-month period ending October 2012:

• Overall median closed price up 11% from $177,000 to $197,000.
• Overall pending sales are up 21% in the $500,000 to $1 Million price range.
• Overall inventory decreased 13%.
• Naples coastal area: Overall pending sales up 14%.

More impressive statistics are in the report.

View complete October 2012 Naples Real Estate Sales Report...

View complete October 2012 Naples Real Estate Statistics...

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Florida Housing Market Continues Upswing In September

The good news continue for the Florida real estate market in September 2012: Market stable and growing: Sales up 2%, prices up 7.4%, pending up 40%.
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