Posts Tagged ‘Bonita Springs homes for sale’

Pending Home Sales 12.8% Higher Than This Time Last Year

Tuesday, May 1st, 2012

The National Association of Realtors (NAR) released their Pending Sales Report last week.  The reports showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010.

The index stood at 101.4 which represents a level that is “historically healthy” (see methodology below).

Here is a graph showing pending sales over the last twelve months:

Infograph courtesy of KCMblog.com

 

Based on NAR’s methodology…

The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity parallels the level of closed existing-home sales in the following two months. 

An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined as well as the first of five consecutive record years for existing-home sales; it coincides with a level that is historically healthy.

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Southwest Florida, Lee County, residential building permits up

Friday, November 4th, 2011

According to the Lee County Community Development (www.lee-county.com/dcd), in October contractors pulled 34 permits to build single-family houses collectively valued at more than $10.8 million in unincorporated Lee County. That compares with 27 permits issued in September and 33 issued in October 2010. No permits were issued for multi-family units in October, compared with 74 issued in September and four in October 2010. Permits for 15 commercial structures were valued at nearly $3.1 million in October, compared with $6.5 million in September and $13.6 million in October 2010. For the month, 2,448 permits of all kinds were issued, which brings the year-to-date total to 25,282.

While this suggests more building of new homes, there are still some homes for resale in Bonita Springs and Estero that may prove to be a better investment in the long run than a new build. Do you want to know why? Contact a John R. Wood Agent today and take advantage or our market knowledge and statistics.  Hurry though…inventory is decreasing in Naples, Bonita Springs and Estero, Florida.

To see real estate for sale in Bonita Springs or Estero, please click HERE!






Consider buying real estate in Bonita Springs, Florida

Thursday, August 4th, 2011

Situated between two of America’s fastest growing metropolitan areas is Bonita Springs Florida. As pristine as it is popular, Bonita Springs real estate is full of charm and character. John R. Wood Realtors has discovered a new breed of unique properties in Bonita Springs and has captured them all.

Considered the next great beachfront haven, Bonita Springs real estate passes the paradise test.  New communities and developments pop up every day. And with them are hundreds of Bonita Springs real estate opportunities.

Let a John R. Wood Agent find the property you’re looking for in beautiful Bonita Springs, Florida!

Click HERE to find homes for sale in Bonita Springs, Florida!