SWFL EVENTS OCTOBER 2020

FRIDAY – 2nd Dark Art 2020 exhibit Sidney & Berne Davis Art Center 2301 First St., Fort Myers Opening 6 – 10 p.m. On display through Oct. 20. 239-333-1933 Joey Fiato Miromar Outlets, Corkscrew and I-75, Estero, between Ford’s Garage and Naples Flatbread, 4 – 7 p.m., 239-948-3766 Autumn Nights at Edison Ford Edison and... Read more »

Mortgage Rates Tumble Again

Mortgage Rates Tumble to Yet Another All-Time Low By Clare Trapasso | Sep 10, 2020 Andrii Yalanskyi/Getty Images Cash-strapped home buyers received a bit of relief this week when mortgage rates tumbled to a new all-time low—making those monthly mortgage payments just a bit cheaper. The double whammy of the coronavirus pandemic and the economic... Read more »

U.S. Home-Price Growth Picks Up

U.S. Home-Price Growth Picks Up Pace Amid Pandemic Buying Rush By Will Parker | Sep 29, 2020 LPETTET/iStock Home-price growth began accelerating in July, a sign that the slowdown in home prices caused by the coronavirus pandemic may be reversing. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major... Read more »

Village of Estero Meetings – September 2020

Design Review Board Meeting on September 2, 2020. Longitude Apartments 81 A representative for Longitude 81 Apartments was requesting to change the exterior building color from the approved yellow tones to a color scheme of predominately grey. The Board explained that the Village’s requirements call for warm Earth tones or pastels, not cool colors. The applicant... Read more »

Village of Estero August 2020 Meetings

Design Review Board on August 12, 2020.  NO Voting Occurs at Public Information Meetings Clean Machine Car Wash presented their plans to build a car wash at the intersection of US 41 and Vintage Parkway. They are proposing a 3,610 square foot drive-thru, one-story 45-foot tall building on a one-acre lot. Proposed hours of operation... Read more »

SWFL Real Estate Thriving During Pandemic

Despite pandemic, parts of Southwest Florida’s real estate market are thriving Laura Layden Naples Daily News – Aug. 17, 2020 Many sectors of Southwest Florida’s real estate market are still cooking, despite the coronavirus pandemic. That’s one of the biggest trends Randy Thibaut, founder, owner and CEO of LSI Cos. in Fort Myers, finds the most “remarkable” across the industry.... Read more »

5 Rampant Mortgage Myths

5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked By Erica Sweeney – Realtor.com| Aug 13, 2020 These days, things are changing so fast, it’s tough to keep up. That’s especially true in the mortgage industry, where interest rates and the overall home loan landscape are shifting with such head-spinning speed, it’s easy for outdated information... Read more »

Village of Estero Meeting Recaps for July 2020

Village of Estero Meeting Recaps for July 2020 Planning & Zoning Board – July 21, 2020. The Board approved the Local Ladies Social Network, Inc.’s application, with conditions, for a farmer’s market at the Miromar Outlets Mall. The market, which is currently in operation, was approved to operate one day a week on Friday, from... Read more »

Home Prices to a Record High

How the Pandemic Pushed Home Prices to a Record High Amid Historic Economic Downturn By Clare Trapasso | Jul 30, 2020 denphumi/Getty Images Who would have thought that this summer, with the number of COVID-19 cases surging and new rounds of restrictions and shutdowns, would yield one of the most competitive housing markets in recent... Read more »

Mortgage Rates Drop Below 3%

Glowimages / Getty Images Mortgage Rates Drop Below 3% – Lowest in 50 Years By Kerry Smith – July 16, 2020 The 30-year, fixed-rate mortgage averaged 2.98% this week, according to Freddie Mac – but any uptick in buyer demand will meet a shrinking inventory of for-sale homes. MCLEAN, Va. – The average 30-year mortgage... Read more »
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