News

Real estate news and updates from Equity Realty.

Found 86 blog entries about News.

Home prices are currently increasing at a double digit-rate in Naples, even though both the pending and closing sales have slowed. However, expensive houses along the beach are still being sold at an increasing rate. When compared to last year's April sales number, realtors concluded that the volume of the estates were decreasing due to rapid sales. This was released on Friday, which showed that an average sales rate increased by over 42 percent causing a home to be sold within 93 days, causing supplies to fall nearly 12 percent to a little over 4 thousand units.

Due to the scarcity of the supplied, it increased the median prices to 12 percent, pushing closing sales to $269,000. Mike Hughes, a real estate broker, commented that all the price points

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You now have the opportunity to view Sonoma’s move-in ready coach homes as announced by Fiddler’s Creek. Sonoma is a master-planned community village made up of 44 residences built in classic Mediterranean style.

A project by Lennar Homes, Sonoma has 11 two story buildings. Each building is composed of four 3-bedroomed individual residential houses. Each of the houses comes with a living room and a patio overlooking the lake in most houses. There are two floor plans available for the living room. You can either choose the 1741 square feet plan or the 2,110 one. Both plans are air-conditioned.

The Florence, a fully furnished coach on the ground floor covers 1741 square feet for the living room and a total of 2,338 square feet. The coach comes fully

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It was recently reported that Stock Signature Homes is building a brand new Neapolitan deluxe home in Florida. The residence location is at 1213 Gordon River Trail in Grey Oaks. Stock Signature Homes, as part of a subsidiary of Stock Development, has provided more than a decade of experience in building luxury residences in the Southwestern Florida region. It has offered exceptional style and unique design choices for thousands of homeowners, earning its place in the top 100 US builders in a recent magazine polling. 

This particular two-floor estate home takes up more than 7700 feet of living space and is currently on the market for just under seven million dollars. Stock development has used state-of-the-art design from Stofft Cooney Architects to

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Quail West sales in April amounting to $8,399,750 has driven up North Naples’ year-to-date sales, closing it at $58.2 million including pending sales.

Stock Development, a company that is an established Preferred Builder in Treviso Bay and Fiddler’s Creek, made the announcement and particularly cited that the said sales is composed of five houses, house and lots, as well as custom new-build sales contracts. More specifically, contracts are being processed for the McGarvey Custom Homes’ Bardot estate model residence, Stock Signature Home residences, Stock Windsor floor plan, as well as Quail West’s Idylwood community.

This is an affirmative sign of Stock and Quail West’s efforts on real estate sales since it follows through its strong 112 home

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If you are thinking of buying your own home anytime soon, then you had better get a pile of cash ready. It should be a huge pile. In the first quarter of 2014, all-cash deals of home sales skyrocketed to an all-high of 43%, according to information provided by RealtyTrac. You will really appreciate this growth when you realize that it was 19% all-cash sales back in 2013, and that was the highest since RealtyTrac started its recording of deals in the beginning of 2011.

Analysts have attributed this to two primary factors. One is the stricter lending standards that have been put in place. These lending barriers make it difficult to secure a mortgage and fierce competition among buyers. Another factor that favors the buyer carrying a bag of cash is the

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According to the Bonita Springs-Estero Association of Realtors (BEAR), there was a decline in closed sales for single-family homes during the month of March 2014. It was actually 37.8 percent lower compared to last year. It was also stated that the probable cause for the decline is the decrease in active listings. It is not only single-family homes that are affected, even closed sales for condominiums and townhouses are also declining.

2014 BEAR President Anita Colletti even stated that the end of the winter season should not be a deterrent for homeowners to sell their homes. The 50 days in the market is the norm and homebuyers are expected to stay during the spring and summer season.

Aside from all this decrease in closed sales, there is still

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State lawmakers in Florida proposed a motion to allow more districts in the state to be open to single-gender middle schools. Principals of various boy’s and girl’s school strongly believe that it is in separating genders will the student gain more focus on their academic careers. They believe maturity and social growth as well as honing fresh talents are far more achievable in single gender education of set up.

In Tallahassee, Franklin Boys Preparatory Academy houses male middle school students and a few miles away, girls go to Ferrell Girls Preparatory Academy. Both school’s representatives conveyed their deep satisfaction with the achievements their students make by the end of every term.

March this year, a measure (HB 313) establishing

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Fiddler's CreekFiddler’s Creek has sold off close to 20 percent of Sonoma, an elaborately planned estate within a posh residential setup. The sale of the homes housed by a total of 11 buildings standing within an enclave with a touch of futuristic modernity has been on for a couple of months and is expected to close when the keys to the last one of the 44 houses are handed to over its new owner.

Sonoma village’s features are drawn from classic Mediterranean architectural and structural designs that were accomplished by Lennar Homes. The houses differ in prices as the two-bedroom units go for less compared to the three-bedroom plans. Irrespective of these, all the houses command picturesque view of the lake, in addition to two car garages and air conditioning areas that

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The Naples city Pier, a much-loved and frequently visited city landmark, could undergo a major makeover very soon. Engineers who examined the well-worn boards, decking, railings, and other aspects of the pier have estimated that the repair costs will amount to nothing less than $900,000, which includes the cost of replacing a minimum of 2,000 boards among other fittings. Part of the repair and beautification plan also involves incorporating stainless steel and composite decking in order to reduce future maintenance costs. However, the issue at present revolves around acquiring the finance to begin repair work. At present, the city of Naples is permitted to collect up to $200,000 in annual tourist taxes. The idea is to collect 3 years worth of advance

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Florida Life Style Home is one of the few construction companies in Fort Myers that builds custom homes. According to their CEO and founder, Bill Ennen, building a custom house requires not only an ability to understand clients’ vision, but at the same time to have the expertise and experience to turn that vision into reality. Usually, that would mean dealing with challenges much differently from the ones found in conventional house building.

One of their recent projects is a The Mooring Home that was designed and built for the Gralia family. The home reflects every requirement that Bonnie and Ernie Grallia had about their new home and they both agree that Florida Life Style Home did an excellent job. The Mooring Home is spread over 500 square

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