According to a research group, prices of area homes are about to jump by over 10% in the next year. Area topping the prices of single family homes in Florida is Naples-Macro Island, and what more, there is still a scope of further increment in prices in the area.

If we go by The Cary, N.C based firm's forecast, then the prices in Cape Coral-Fort Myers are also likely to fly off the handle. Ingo Winzer, the president of the firm is optimistic about Southwest Florida as well, mainly due to an upbeat in jobs, particularly in retail and tourism sector. These markets are attracting a lot of investors. On Wednesday, he was quoted saying, "Combine speculative interest with good fundamental economic demand and you have a lot of people who want to buy

Southwest Florida has witnessed a steady increase in home prices in the post-recession period. However, despite all this progress a report released in April shows that the prices are far away from the peak prices witnessed when the housing industry was experiencing a boom.

RealtyTrac, a research firm based in Irvine Calif says that the home prices in the area (Southwest Florida) were below their peaks by a higher margin than anywhere else in the whole nation. The good news is that they are recovering well like in other parts of Florida.

The Vice President of RealtyTrac, Daren Blomquist says that most areas in Florida have not recovered to the peak prices seen when the housing industry was booming. The median prices for homes in Collier were down by

If you’ve been waiting for the scarce supply of new homes around Southwest Florida to ease up, you’re in luck – prospects are looking up for 2014.

As the past months and years reflected soaring prices for the few new homes available, reports for this previous year show that starts and permits jumped sharply both locally as well as around the country, giving builders and buyers alike a renewed confidence for the future.

Nationally, permits are running at peak highs for the past half-decade, and Southwest Florida itself is outpacing the nation for one- and two-family homes. In November of last year, some 634,000 single-family homes were permitted across the country – a 10.5% increase from the same month of 2012, according to the U.S. Census Bureau and