John R. Wood

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!