Featured Articles:

 
County Optimistic About I-75 Interchange at Everglades Boulevard: Collier County transportation staff is upbeat about the chances of a new Interstate 75 interchange being built at Everglade Boulevard, despite concerns raised by environmentalists. Click here for more>> Collier Home-Building up for First Half of Year: Halfway through 2006, residential construction in unincorporated Collier County is on track to outpace last year's figures. Click here for more>>
Rents Could Fall as New Condos Become Apartments: There's relief in sight for some renters as the oven-hot real estate markets cool off: A huge number of new condos could be converted into rental properties over the next 18 months. Click here for more>> Economist: Southwest Florida Housing Market Cooling: At a recent luncheon hosted by the Southwest Real Estate Council and the Real Estate Investment Society, economist Hank Fishkind told attendees that the housing market in Southwest Florida is slowing to a more normal pace. Click here for more>>
Housing Permits Slide Slightly: Unlike national population trends, only one feature of The Ledger's Polk Business Barometer -- new housing permits -- is heading south. But although building permits issued in May fell 27.4 percent to 637 single-family homes, the decline appears to be a temporary blip in an otherwise growing industry.
Click here for more>>
Land Prices Increasingly Drive Housing Markets, Fed Study Says: Housing prices in big U.S. cities have increasingly reflected underlying land value rather than building value since the mid-1980s, and that trend is likely to continue, according to a Federal Reserve study released Tuesday. Click here for more>>

Tip of the Month:

When researching property, often the best source of information for lot sizes, prior sales and aerial photographs is the county's Property Appraiser website. Below are the web addresses for Collier, Lee, Hendry, DeSoto, Hillsborough and Polk county's Property Appraisers.

Collier Appraiser

Lee Appraiser

Hendry Appraiser

DeSoto Appraiser

Hillsborough Appraiser

Polk Appraiser

 

Happy Hunting!

Helpful Resources:

Bank of America - Latest equity research on Ft. Myers, Orlando, Miami, Tampa and Charlotte, NC

Collier County Website

Lee County Website

Mortgage Rates:

Loan Type Today Last Week
30 yr fixed mtg 6.18% 6.24%
15 yr fixed mtg 5.89% 5.94%
5/1 ARM 5.86% 5.89%
30 yr fixed jumbo mtg 6.37% 6.43%
5/1 jumbo ARM 5.99% 6.03%

Click here for more at BankRate.com>>


Jessica Russo
Broker/Owner
Cell: 239-849-0012
JessicaRusso
@Comcast.Net

Featured Listing:

Mirror Lakes Village in Lehigh Acres
9 +/- ac. Site with zoning in process for 101 townhome units
$3,650,000
Adjacent 2.3 acres with commercial zoning also available.

Click here for more details