Featured Articles About Commercial Real Estate:

Airport passenger traffic up 7 percent: Southwest Florida Inernational served 513,426 passengers in October.
That's about 7 percent more passengers than a year ago... Click here for more>>

County Puts Park Plan in Gear: Sometimes things work out well when nobody expects them to. That's the way it's been with Polk County's fortunate discovery of land it can use for a park ...Click here for more>>
Advisory Unit Seeks to Protect Water: Polk's water resources probably could be better protected if there were more emphasis on trying to phase out old developments in flood plains and forcing new developments to store more of their storm-water runoff...Click here for more>>

Floods Re-energize Plans to Tame Swamp: A stormy August and September, punctuated by Tropical Storm Ernesto, turned Patricia Humphries' Golden Gate Estates home into an island. The official explanation - that this was a case of a swamp being a swamp - didn't seem to satisfy her. Click here for more>>
Veteran Broker: Orlando's Office Market Looks Solid: Bill Moss, senior managing director at CB Richard Ellis in Orlando, has seen a lot of office markets in more than two decades in the marketplace. His take on Orlando today? Click here for more>>

Coalition Plan Creating Affordable Housing: Police officers, city government workers, teachers, and hospital workers would be eligible to buy a house for $160,000 to $225,000 in a new development called Fountain Lakes...Click here for more>>

Real Estate Tip of the Month :

Statistics don't lie. Attached for your review are the recent home sales statistics from three different MLS's: Naples, Mid Florida covering Tampa to Orlando and Southeast Florida covering from Port St. Lucie to Miami. It's interesting to compare the three reports and look at specifically the number of days on the market for listings to sell and also the type of financing used in the transaction where we are seeing substantial numbers in the "other" column meaning more folks are getting creative and using seller financing. The sellers are motivated and beginning to show it, now the buyers just need to get off the fence before all the great concessions sellers are offering disappear!

Naples

Mid Florida covering Tampa to Orlando

Southeast Florida from Port St. Lucie to Miami

Helpful Resources:

Collier County Website

Lee County Website

Mortgage Rates:

Loan Type Today Last Week
30 yr fixed mtg 5.76% 5.77%
15 yr fixed mtg 5.55% 5.54%
5/1 ARM 5.57% 5.61%
30 yr fixed jumbo mtg 6.06% 6.06%
5/1 jumbo ARM 5.76% 5.78%

Click here for more at BankRate.com>>


Jessica Russo
Broker/Owner
Cell: 239-849-0012

JessicaRusso
@Comcast.Net

www.advancedrealty
solutions.net

Featured Listing:

Single Family Subdivision of 27 Lots
615 Frontage Feet on Future Santa
Barbara Extension

$2,600,000

Click here for more information about this Naples land