Sunday, August 30, 2015

Bouncing stock market has big impact on Southwest Florida real estate

Bouncing stock market has big impact on Southwest Florida real estate

The stock market’s recent volatility — which some analysts expect will continue for months — has rattled investors.
Now some real estate experts are wondering whether it will slow Southwest Florida’s fast-track housing market.
Part of the issue, they say, has to do with how investors often react when the stock market has rapid mood swings: When they see their portfolios plunge, they shy away from buying homes because they have less money for purchases and down payments; but when they see them rebound, they chase after juicy equity returns rather than real estate.
But the effect of seesawing equities on real estate is even more pronounced in Southwest Florida because of the region’s outsized dependence on buyers of second homes or investment properties, according to Daren Blomquist, vice president of Irvine, California-based Realty Trac.
“They can easily curtail purchasing if they get nervous about economy or their portfolio gets lighter,” Blomquist said.
In the Naples-Marco Island area, 49 percent of all single-family homes and condos are vacation homes or investments, Blomquist said — the fourth highest percentage among metro areas with at least 200,000 people. The Cape Coral-Fort Myers area ranked sixth, with 46 percent of all homes in this category.
By comparison, only 34 percent of homes in Florida and 26 percent in the U.S. are not primary residences, he said.
While the percentage of cash buyers has been falling over the past year, Blomquist said, they still are a potent force in the market, and are near their historic averages. And they are a bigger presence than they are elsewhere in the state or nation.
RealtyTrac said that in July, the percentage of cash buyers in the Naples metro area was 50.2 percent and 43.9 percent in the Cape Coral metro area. Statewide, 42.7 percent of buyers pay cash, and nationally, only 22.6 percent of buyers.
Naples investment adviser Andrew Hill said while investors have always valued the area’s real estate as a “quality asset,” the stock market’s erratic mood swings over the past week is “like children jacked up on sugar.”
If volatility is prolonged, he said, it could hurt consumer confidence and make some people less likely to buy — particularly since real estate can’t be sold instantly, like stocks and bonds can, and also requires ongoing carrying costs, like insurance, taxes and maintenance.
Naples broker Phil Wood said the big drop in equities early in the week spooked at least two potential buyers of second homes in his brokerage — one canceled a contract, and another backed away from signing one.
While the market rallied later in the week, neither has come back, he said.
If the market continues to swing up and down, he expects more buyer skittishness.
“It’s not always a question of not having enough money to buy, it’s that they prefer not to act until things stabilize,” he said.
Unfortunately, many analysts expect the ups and downs of the past week to continue because of global growth risks, particularly in China. In a video to investors, Dirk Hofschire, senior vice president of Fidelity’s Asset Allocation Research, said he expects “it’s going to be an elevated volatility environment for the foreseeable future.”
But Naples broker Mike Hughes, president of the Naples Area Board of Realtors, said volatility in the stock market might actually help the local housing market in the long run.
“The potential is there for people to cut back on the stock market and buy real estate as a hedge against volatility.
“The perception is that real estate is improving,” he said. “A lot of people knew a correction was coming, so I’m not too concerned right now.”
Hughes pointed to the fact that several homebuilder stocks closed higher on Friday than they did on Monday during the past wiggy week, including the stock of several individual public builders such as WCI Communities, Lennar and D.R. Horton.
The SPDR S&P Homebuilders Exchange-Traded Fund (XHB), which tracks the shares of companies ranging from builders to appliance and flooring makers, also was up slightly for the week.
Hughes expects that global turbulence may eventually encourage more foreign buyers to invest in Southwest Florida as well.
“When you look at where to put money in the world, the U.S. doesn’t look to bad,” he said. “I think once cool heads prevail, people will realize that they need to be invested in America.”
Many financial analysts agree, and point to strong employment and household growth as signs that the U.S. economy is strong. Gross domestic product grew 3.7 percent in the second quarter, according to data released Thursday by the Commerce Department, exceeding the 3.2 percent rise that economists polled by Reuters expected.
And the nation’s housing market continues to show positive signs. In July, housing starts rose to their highest level since October 2007, while the National Association of Home Builder’s measure of builder confidence is at its highest level in nearly a decade. Pending sales of existing homes rose too in July, up 7 percent from a year earlier.
Some in the local real estate industry say the stock market’s wild ride last week needs to be considered in light of the strength of the region’s housing industry since the recession ended.
Glenn Ginsburg, broker and owner of A Delta Realty in Naples, said that while jitters over the stock market “do impact individuals and their thinking,” ultimately the area’s tight supply will continue to keep existing home prices and sales high.
And Kathy Curatolo, executive officer of the Collier Building Industry Association, pointed to the healthy number of new homes sold and permits pulled in the region as signs that real estate remains resilient.
“It’s too early to tell what the effects of volatility will be in three or four months,” she said. “But thus far, we’re still doing well.”

Wednesday, August 19, 2015

Cash Sales Accounted for 32 Percent of All U.S. Home Sales in May

Cash Sales Accounted for 32 Percent of All U.S. Home Sales in May

Cash Sales Accounted for 32 Percent of All U.S. Home Sales in May

According to Irvine, Ca based CoreLogic, cash sales made up 31.9 percent of total U.S. home sales in May 2015, down from 35.1 percent in May 2014. The year-over-year share has fallen each month since January 2013, making May 2015 the 29th consecutive month of declines. Month over month, the cash sales share fell by 1.7 percentage points in May 2015 compared with April 2015. Due to seasonality in the housing market, cash sales share comparisons should be made on a year-over-year basis.

The cash sales share peaked in January 2011 when cash transactions made up 46.5 percent of total home sales nationally. Prior to the housing crisis, the cash sales share of total home sales averaged approximately 25 percent. If the cash sales share continues to fall at the same rate it did in May 2015, the share should hit 25 percent by mid-2017.

Real estate-owned (REO) sales had the largest cash sales share in May 2015 at 56.1 percent and was the only sales category to see a year-over-year increase in the cash sales share. Resales had the next highest cash sales share at 31.5 percent, followed by short sales (30.1 percent) and newly constructed homes (14.7 percent). While the percentage of REO sales that were all-cash transactions remained high, REO transactions made up only 6.4 percent of all sales in May 2015. In January 2011 when the cash sales share was at its peak, REO sales made up 23.8 percent of total home sales. Resales typically make up the majority of home sales (about 82 percent in May 2015), and therefore have the biggest impact on the total cash sales share.

Florida had the largest share of any state at 47.8 percent, followed by New York (45.8 percent), New Jersey (45.8 percent), Alabama (44.2 percent) and Michigan (38.4 percent). Of the nation's largest 100 Core Based Statistical Areas (CBSAs) measured by population, West Palm Beach-Boca Raton-Delray Beach, Fla. had the highest cash sales share at 58.1 percent, followed by North Port-Sarasota-Bradenton, Fla. (55.9 percent), Cape Coral-Fort Myers, Fla. (55 percent), Detroit-Dearborn-Livonia, Mich. (54.6 percent) and Miami-Miami Beach-Kendall, Fla. (54.6 percent). Syracuse, N.Y. had the lowest cash sales share at 11.6 percent.


Wednesday, August 5, 2015

Cape Coral lookahead

Cape Coral lookahead

Friday, Aug. 14
Friday Night Bingo Join us for a fun night of bingo! Every month, participants will get a chance to play bingo and win prizes such as gift certificates to local restaurants. Light refreshments which tie into the theme will be provided each night. The theme for the month of August is “Fabulous 50’s Bingo.” Bring a non-perishable food item to be donated to the Senior Friendship Centers for needy local seniors. Anyone who brings a non-perishable item will be entered into a prize drawing. Doors will open at 5:45 p.m. Cost is $10 per person which includes 10 games and refreshments. For more information, please call the Rotino Center at (239) 574-0807. Tony Rotino Center, 5817 Driftwood Parkway. Cape Coral
Saturday, Aug. 15
Make it and Take It-June Bag Making Class Join Linda Henderson, a master seamstress, as she shares her 30 years of trade secrets and her love of sewing to help you create a fun and functional one-of-a-kind bag. You will love making the June Bag, a cross body bag that is easy enough for a beginner yet fun for the experienced sewer. The June bag is a cross body mini messenger bag that is perfect for school, traveling or to use as a purse. The dimensions can be customized to meet your personal needs. All supplies and tools including a sewing machine will be available to complete one 8 x 11 bag. A variety of fabrics will be available to complete a one-of-kind project. If you want to personalize your bag we are encouraging participants to bring recycled baby clothes, blankets, jeans, etc to add a personal touch to your creation. Preregistration Required. $7 per person. 9 a.m.-noon Lake Kennedy Center, 400 Santa Barbara Blvd Cape Coral
Tennessee Still Summer Concert Series Saturday, Aug. 15, we take the Tennessee Still Concert Series to the next level with international blues recording artist Joey Gilmore. This is a free Concert but reservations for patio seating is a must for this show. Seating is limited, call ahead now 673-9028. Showtime is 7 p.m. and you must have dinner and drinks at the restaurant in order to reserve and hold a table for this show. Early dinner seating starts around 6 p.m. Tennessee Still Co, 1141 SW Pine Island Rd Cape Coral
Sunday, Aug. 16
Lee County Beekeepers Assoc - Monthly Meeting The Lee County Beekeepers Association is a Social Club for like minded Beekeepers located in the Southwest Florida area. Our primary goal is to focus meetings on educational issues and to help members solve individual bee related problems. We are dedicated to the promotion of modern agricultural up-to-date beekeeping and natural organic beekeeping solutions. 10:30 a.m. German-American Social Club, 2101 SW Pine Island Road Cape Coral
Monday, Aug. 17
Buns and Bowties featuring entertainers from Magic Mike XXL The demand was so big for our first sold-out show with these guys - we are bringing them back for you. Direct from Las Vegas, with former entertainers from The Chippendales, Playgirl Magazine, LaBare and featuring entertainers from the new movie “Magic Mike XXL”. Doors open at 6 p.m. Showtime 8:30 p.m. Ticket are $30 VIP table seating (includes meet-and-greet with photos and autographs of the guys), $20 theater style seating on the dance floor, $15 standing room only around the bars. Dixie Roadhouse, 1023 S.E. 47th Terrace Cape Coral
The Alzheimer’s Assocition “Living with Alzheimer’s” A Caregiver Educational Series Alzheimer’s disease is a progressive disease that changes how a person is able to interact with the world around them. Join us in this 3 part series to learn abut the Basics of Alzheimer’s disease, effective communication strategies, understanding and responding to dementia-related behavior and planning for future care needs. RSVP to Emily Reese 239-405-7008 or 10 a.m.-noon Cape Coral Library Meeting Room, 921 SW 39th Terrace Cape Coral
Wednesday, Aug. 19
ABWA Cape Coral Caloosa Chapter Meeting ABWA’s Mission: To bring together businesswomen of diverse occupations and to provide opportunities for them to help themselves and others grow personally and professionally through leadership; education, networking support and national recognition. 6-8 p.m. $20. RSVP required by Members via WIN and non-members please RSVP via Fletchers, 627 Cape Coral Parkway West, Cape Coral
Free Lunch and Learn Program Are you tired of eating the same foods and feeling the same way? Looking for some fresh ideas to expand your recipes to please your palate? Let’s spice up your food life the healthy way! During this lunch and learn, you will receive information about the different healthy foods that have multiple benefits. Some foods, if eaten regularly, can rev your engine by boosting your metabolism as well as boost your libido. Complimentary lunch is provided courtesy of Griswold Home Care from Jason’s Deli. 11:30 a.m.-1 p.m. Lake Kennedy Center, 400 Santa Barbara Blvd Cape Coral, 574-0575
Friday, Aug. 21
A Tribute to Old Blue Eyes by Dave Rode Dave Rode lends his own special flair to the music made immortal by the one and only Frank Sinatra. Performances 8 p.m. Friday-Saturday, Aug. 21-22 and 3 p.m. Saturday-Sunday, Aug. 22-23. $18. Call the box office at 239-772-5862. Cultural Park Theatre, 528 Cultural Park Boulevard Cape Coral
Saturday, Aug. 22
Cape Coral Local Dog Show You and your four-legged friend will have a blast this August at the just-for-fun Cape Coral Local Dog Show. Organized by the Cape Coral Parks and Recreation Department. 10 a.m. $6 entry fee. Rotary Park, 5505 Rose Garden Road Cape Coral
Columbia Restaurant Historical Tour and Lunch Arrive: 7:45 a.m. Leave: 8 a.m. Approximate Return: 6:30 p.m. The Kennedy Kruisers are off to the historical Columbia Restaurant in Ybor City. Founded in 1905, the Columbia Restaurant is full of fascinating history. Join us as we embark on a historical tour and enjoy a Dutch treat lunch at this Florida gem. This is a great summer indoor excursion for all family and friends. Quality coach transportation and a delicious buffet breakfast are included. $48 per member and $53 per non-member. Pre-registration is required. Lake Kennedy Center, 400 Santa Barbara Blvd Cape Coral, 574-0575
Sunday, Aug. 23
Ride for Bully Awareness Ride in support of bringing bullying to the forefront of community discussion, prevention and awareness. Come early for a $5 all you can eat pancake breakfast. Stick around for the after party for food, drinks and several bands. Register online or at the event. Host: Stopbully212-USA Contact: Brandon Evans, Registration 7-9 a.m. $15 per rider, $5 per passenger. German American Social Club, 2101 SW Pine Island Road Cape Coral.
Tuesday, Aug. 25
Dollar Movie Matinee 2-4 p.m. Tony Rotino Center, 5817 Driftwood Parkway Cape Coral, FL 33904. Grab a friend or come solo to the $1 movie of the month . There will be popcorn, snacks and soft drinks for sale. For more information, please call the Rotino Center at (239) 574-0807.
Friday, Aug. 28
Cahlua and Cream Super Seventies Show Let’s celebrate this hot summer with a little red dress party. Enjoy an evening of dancing, friends, and fabulous entertainment! Come dressed to impress in your little red dress or bold black attire! Appetizers and beverages will be served. BYOB. Pre-registration preferred. Cost: $10 Member, $15 Non-member. Doors open at 6:30p.m. Lake Kennedy Center, 400 Santa Barbara Blvd Cape Coral, 574-0575
Cultural Park Revue-”Jersey Girls” a tribute to the many girl groups we loved to hear, such as The Supremes, The Shirelles, The Angels, and many more. You will hear hits like, “Stop In The Name Of Love,” “Heat Wave,” and “My Boyfriend’s Back,” all part of our musical lives. The nostalgia lives on. Performances 8 p.m. Friday-Saturday, Aug. 28-29; 3 p.m. Saturday-Sunday, Aug. 29-30. $18. Cultural Park Theatre, 528 Cultural Park Blvd. Cape Coral. Call the box office at 239-772-5862 for tickets.
The 3rd Annual Women’s Leadership Conference of Southwest Florida We will celebrate Women’s Leadership and explore key topics that affect business women in Southwest Florida. Early registration tickets are available for only $89 at 8 a.m.-4 p.m. The Westin Cape Coral Resort at Marina Village, 5951 Silver King Blvd Cape Coral
Saturday, Aug. 29
Benefit Show for the Younk Family Asking a $5 dollar entry fee live music, food, a big silent auction, and more. The Younk family lost their daughter on June 27. In April they almost lost their son to a careless driver. He suffered severe brain trauma. In 2011 their father fell from a roof and suffered brain trauma. At the same time both mother and the youngest son were diagnosed with severe and incurable diseases. We are raising money 100 percent going to the Younk family for continual funeral expenses and health care as well as the loss of work. Please show support for this wonderful family. 7:30-10:30 p.m. Studio 7, 1404 Del Prado Blvd. Cape Coral
Fathoms Restaurant & Bar Yappy Hour bring Fido along for Yappy Hour, held at Fathoms the last Saturday of the month for the entire year, in association with the Gulf Coast Humane Society. Fathoms will provide beer and wine, and the DJ will spin the tunes to complete the party atmosphere. Proceeds from beverage sales will benefit GCHS. Cape Harbour’s Fetch Dog Boutique & Bakery will join in the fun, and donate a percentage of their sales to the organization’s important mission. 6-8 p.m. Fathoms Restaurant & Bar, 5785 Cape Harbour Cape Coral
Tennessee Still Co Presents Twinkle Yochim & Rock Soul Radio Live In Concert !!!!!!!! Warner Bros recording artist Twinkle Yochim with Rock Soul Radio will be appearing live in concert on Saturday, Aug. 29. Formerly with Sony Records. This girl can sing the Blues like no other. She’s beautiful talented and has a gift that only God can provide. Call 673-9028 for reservations. This is a free concert. You must have dinner and drinks at the restaurant to hold your tables. 7-10 p.m. Tennessee Still Co, 1141 SW Pine Island Rd Cape Coral
Sunday, Aug. 30
Cape Harbour Marina Yappy Hour Even Fido deserves a night out! Bring your pup to beautiful Cape Harbour Marina for Yappy Hour, to support the Gulf Coast Humane Society, with a DJ setting the party mood from 6-8 p.m. Visit and for more great events. Fathoms Restaurant & Bar, 5785 Cape Harbour, Cape Coral
Wednesday, Sept. 2
USA Dance, Chapter 6049 Foxtrot Ballroom Classes Alternating partners. Look great on the dance floor. Most favorite and socially performed dance is the foxtrot. Greg Kurth, professional instructor, of Rhythm in Motion Studio of Cape Coral will share some unique patterns, techniques and make you look like a star on the dance floor. For information email 7-9 p.m. Open to the public, $6. Cape Coral Four Freedoms Park, 4818 Tarpon Court Cape Coral. 239-565-7947 or 954-798-0757.
Thursday, Sept. 10
Isle of Capri Casino Trip Arrive: 7:15 a.m. Leave: 7:30 a.m. Leave Casino: 4 p.m. Return: approximately 6:30 p.m. Join the Kennedy Kruisers as we head to Pompano Beach for an excellent day of gaming fun! Get ready to make your lucky selection with over 1500 slot machines and 38 poker table! The all you can eat buffet will definitely please your featuring delicious crisp salads, freshly baked breads, tender chicken and beef entrees, stone-baked pizzas, and savory side dishes. Each member will receive a $10 free play and a $4 off buffet coupon. Come and join us for another lucky excursion! Preregistration required. $35 per member and $40 per non-member. Lake Kennedy Center, 400 Santa Barbara Blvd Cape Coral, 574-0575
Saturday, Sept. 19
Fashion Cruise Fashions by Anthony’s Ladies Apparel, luncheon included. Come and spend a fun- filled three hours with door prizes, raffles and 50/50. noon-3 p.m. $25. Email to register. Presents by Women’s Division of Invest in America’s Veterans Foundation. Invest in America’s Veterans, 4820 Leonard St Cape Coral

Tuesday, August 4, 2015

Family-friendly events in Southwest Florida

Family-friendly events in Southwest Florida

"Aladdin Jr." – Noon lunch, 1 p.m. show, Aug. 5, 7, 9, 11 and 14. Broadway Palm, 1380 Colonial Blvd., Fort Myers. $12-$18. All the favorite characters hit the stage in this adaptation of the Disney hit, including Aladdin, Princess Jasmine and, of course, the Genie. You’ll hear favorite songs from the movie, such as "Prince Ali," "Never Had A Friend Like Me" and "A Whole New World."
Art for Mom & Me – 10-11 a.m. Rookery Bay Environmental Learning Center, Naples. $25 includes admission for one adult, one child and supplies. Local artist Marjorie Pesek leads this workshop for kids and adults of all levels of creative talent.
Family Beach Walk – 9-10 a.m. Gulfside City Park, Sanibel, FL 33957. Meet at Sanibel’s Gulfside City Park for a one-hour guided exploration of the J.N. "Ding" Darling Wildlife Refuge’s Perry Tract. Bring a bag for shells. Note: Parking Fees at the Gulfside City Park apply.
Free Concert at Six Bends – 6-8 p.m. Six Bends, 9501 Thunder Road, Fort Myers. Features tribute bands and $1 hot dogs, $2 domestic beers, $3 imports and $4 craft and specialty beers. On Aug. 7, Led Zeppelin tribute band Led-Hed performs.
Free back-To-School Vision Screening – 10 a.m.-2 p.m. Kiwanis Hall, 1634 Woodford Ave., Fort Myers. The Kiwanis Club of Fort Myers-Edison, in conjunction with Dr. Bruce Senior, will be doing free back-to-school vision screenings children entering grades 1-5. The vision screenings will be open to the first 200 children with a parent or guardian. No identification will be required, and no personal information will be taken. Each child will receive a free book. No appointment is necessary but time slots may be reserved at
Fathoms Friday Feeding Frenzy – 6-9 p.m. Aug. 7 and 14. Fathoms Restaurant & Bar, 5785 Cape Harbour Drive, Cape Coral. A benefit concert for Community Cooperative, to eliminate hunger and homelessness in Lee County. Attendees who donate $10 or $10 worth of nonperishable food receive a ticket for a free drink and will be entered into the Summer Drive for Hunger drawing, which awards $5,000 cash Aug. 18 at Sam Galloway Ford.
Kids Free Friday – 10 a.m.-2 p.m. every Friday through August. Rookery Bay Environmental Learning Center, Naples. Free for kids, $5 for adults. Up to five children per paying adult. Activities include story time, naturalist presentation, crafts, films and the touch tank. Lunch will be available for purchase from Hot Dogs 2 Go, 11 a.m.-1 p.m.
Sign-Up Campaign for Family Gardens – 8:30 a.m. Unitarian Universalist Church of Fort Myers, 13411 Shire Lane, Fort Myers, FL 33912. Sign up your family for a garden. For the month of August, Family Gardens, a new community garden in south Fort Myers, is accepting applications for garden bed rental. The beds are about 4 feet by 8 feet with an optional automatic watering capability. Beds are available for a 9-month or 12-month rental. See for details and online applications. Membership includes special gardening classes conducted by Master Gardeners every week through the growing season. Ribbon-cutting for the Gardens is set for Sept. 12. Bed availability is limited.
Summer Local Resident Special – 5 p.m. Everglades Wonder Gardens, 27180 Old 41 Road, Bonita Springs, FL 34135. Celebrate the new ownership of the Everglades Wonder Gardens with special pricing for Lee and Collier residents of $7 for adults and $5 for ages 3-12 through Sept. 7, Labor Day. Cannot be combined with other offers. Proof of residency required.
The Faktor Investigation: Finding The Story in The Details – 1-4 p.m. The Holocaust Museum & Education Center of Southwest Florida, 4760 Tamiami Trail North Suite 7 Naples, FL 34106. Join in a “Mystery at the Museum” experience as The Holocaust Museum & Education Center of Southwest Florida presents it first interactive exhibit. "The Faktor Investigation: Finding the Story in the Details" will be on display June 13 through Sept. 27. The exhibit explores the wide-ranging effects of World War II and the Holocaust on one family whose members were scattered across several countries. Visitors use their smartphones to collect clues and learn more about the subject matter. 263-9200.
The Naples Players present "Legally Blonde The Musical" – 8 p.m. Wednesday-Saturday, 2 p.m. Sunday. Blackburn Hall, Sugden Community Theatre, 701 Fifth Ave. South, Naples, FL 34106. $40 for adults, $10 for students 21 and younger. A high energy musical that proves that being true to yourself never goes out of style. 263-7990.
Back to School at the Point – 5-10 p.m. Coconut Point, 23106 Fashion Drive, Estero. Free to Simon Kidgits Club members. Nonmembers can join for $5 annual fee. Kick of the fun with inflatables beginning at 5 p.m., then enjoy the movie “The Avengers” at 8:30 on Fashion Drive. All Simon Kidgits Club members receive a First Day of School Survival Pack. Sign up at
Back to School Fashion Show – 11 a.m. near Bloomingdale’s The Outlet Store at Miromar Outlets, Exit 123 off Interstate 75. Features back-to-school styles for children, teens, college students and teachers.
Cinema Saturday - Disney Nature’s “Earth” – 1:30 p.m. The Conservancy of Southwest Florida, 1495 Smith Preserve Way, Naples. Included with regular admission, free to members. Bring the family to enjoy a nature-inspired movie. Free popcorn.
Community Event - Free Car Wash – 10 a.m.-2 p.m. Evangelical Presbyterian Church, 701 Mohawk Parkway, Cape Coral, FL 33914. The car wash is free but donations will be accepted. Food off the grill will be for sale: hot dogs $1, soda $1, chips $1. Music provided by WAY-FM. Water games and activities for the kids.
Family Fun Night at Sun Splash – 5:30-8:30 p.m. Sun Splash Family Waterpark, 400 Santa Barbara Blvd., Cape Coral. $7 for Cape Coral residents, $9 for non-residents, or $5 for same-day park visitors. Parking is not included. An evening of slides, pools, music and fun. Features music, food specials and prize drawings.
Immokalee Child Care Center Bookfair – 9 a.m. Barnes & Noble Booksellers, Waterside Shops, 5377 Tamiami Trail, Naples, FL 34108. All day in-store bookfair to support the Immokalee Child Care Center.
Kids Ride Free at Pure Florida – Naples – 10-11:30 a.m. Pure Florida – Naples, 1200 Fifth Ave. S., Naples, FL 34102. Free for ages 12 and younger, $35 for adults. Pure Florida is offering children a free ride on the Dolphin Watch Sightseeing Cruise every Saturday at 10 a.m. when accompanied by a paying adult. Observe wildlife and participate in a sightseeing scavenger hunt to win a special prize. All children must be accompanied by a paying adult. Departs from the historic Tin City. Reservations required. 494-5595.
Saturday Morning Storytime – 11 a.m. Barnes & Noble, 13751 Tamiami Trail, Fort Myers, FL 33912. Join Ms. Trish for stories and activities in the Children’s Department every Saturday.
Science Saturday – 11 a.m.-1 p.m. Miromar Outlets, Exit 123 off Interstate 75. In MundoFox Playland, join Mr. Glen and his Science and Engineering team for interactive science projects.
The Gingerbread Man Loose in the School Storytime – 11 a.m. Barnes & Noble Booksellers, Waterside Shops, 5377 Tamiami Trail, Naples, FL 34108. When a class leaves for recess, their just-baked Gingerbread Man is left behind. But he’s a smart cookie! Find out what happens.
"Aladdin Jr." – Noon lunch, 1 p.m. show, Aug. 5, 7, 9, 11 and 14. Broadway Palm, 1380 Colonial Blvd., Fort Myers. $12-$18. All the favorite characters hit the stage in this adaptation of the Disney hit, including Aladdin, Princess Jasmine and, of course, the Genie. You’ll hear favorite songs from the movie, such as "Prince Ali," "Never Had A Friend Like Me" and "A Whole New World."
Blessing of the Backpacks – 8-11 a.m. Burnt Store Presbyterian Church, 11330 Burnt Store Road, Punta Gorda. Send your students to school with a “blessing of the backpacks” at Sunday worship services. Services will be held at 8:15 a.m., 9:40 a.m. and 11 am. Have your students bring their own backpacks to the blessing. Your student will receive a free bookmark/prayer card they can keep with them at school throughout the year. 639-0001 or
Be Proud SWFL Community Picnic – 11 a.m.-3 p.m. Lakes Regional Park, 7330 Gladiolus Drive, south Fort Myers. Free hotdogs and chips. Activities include soccer, volleyball, corn hole and crafts for kids. At 1 p.m., there will be a presentation ofAdvocates of the Year. Bring chairs, beverages, snacks, games, etc. No pets or alcohol.
Fort Myers Drum Circle – 7-9:30 p.m. Centennial Park, Edwards Drive Fort Myers, FL 33901. Everyone is welcome to drum or just enjoy the fun evening by the water. Bring your drum, percussion instruments and a chair. Extra drums are available for those who have never drummed. Join in the music, dancing, poi spinning, chalk drawing and hula hooping. All ages participate.
Sundays at the Pit – 1-4 p.m. Six Bends Harley-Davidson, 9501 Thunder Road, Fort Myers. Listen to Remedy perform crowd favorites from the past few decades. This event is family friendly, and all are welcome.

SWFL Real Estate Update for Naples, Fort Myers and Cape Coral Florida

Here are a few current local news stories regarding Jobs, Taxes and Entertainment here in SWFL and a current Real Estate Market Update for Naples, Fort Myers and Cape Coral. Please call or email me with any questions you may have.


Terence Trombetti
Office: 239.540.2100
Fax:    239.540.1206
Search the MLS | Website | Facebook 
Licensed Florida Realtor® Since 2004

The News-Press

Naples, Cape Coral tops for projected job growth
Six Florida cities appear in the top 10, including Orlando at No. ... Cape Coral is projected to have 4.4 percent job growth through 2017. ... "We offer a fun, casual environment, flexible schedules and paid training. ...

The tax rate for homes in Lee County is about $35 per $100,000 of assessed real estate value, with rates in Collier being $28.80 per $100,000.

... Steelbridge Realty and director of the Southwest Florida Real Estate Investment Association, which released the report. But with ... •Cape Coral: 99.

Summary for Naples

The median sales price for homes in Naples FL for Apr 15 to Jul 15 was $305,000. This represents an increase of 5.2%, or $15,000, compared to the prior quarter and an increase of 15.1% compared to the prior year. Sales prices have appreciated 41.9% over the last 5 years in Naples. The average listing price for Naples homes for sale on Trulia was $728,265 for the week ending Jul 29, which represents an increase of 4.9%, or $34,119, compared to the prior week and an increase of 2.5%, or $18,064, compared to the week ending Jul 08. Average price per square foot for Naples FL was $174, an increase of 15.2% compared to the same period last year. Popular neighborhoods in Naples include Old Naples, Moorings, Park Shore, Port Royal, Royal Harbor, and Coquina Sands.
Naples median sales prices
Summary for Fort Myers

The median sales price for homes in Fort Myers FL for Apr 15 to Jul 15 was $185,000. This represents an increase of 6.1%, or $10,600, compared to the prior quarter and an increase of 6.1% compared to the prior year. Sales prices have appreciated 54.2% over the last 5 years in Fort Myers. The average listing price for Fort Myers homes for sale on Trulia was $289,916 for the week ending Jul 29, which represents an increase of 1.8%, or $5,095, compared to the prior week and an increase of 0.8%, or $2,166, compared to the week ending Jul 08. Average price per square foot for Fort Myers FL was $123, an increase of 9.8% compared to the same period last year. Popular neighborhoods in Fort Myers include McGregor, Colonial Country Club, Whiskey Creek, Arborwood, Heritage Palms, and Paseo.
Fort Myers median sales prices
Summary for Cape Coral

The median sales price for homes in Cape Coral FL for Apr 15 to Jul 15 was $172,700. This represents an increase of 5.1%, or $8,450, compared to the prior quarter and an increase of 11.4% compared to the prior year. Sales prices have appreciated 72.7% over the last 5 years in Cape Coral. The average listing price for Cape Coral homes for sale on Trulia was $254,390 for the week ending Jul 29, which represents an increase of 0.9%, or $2,266, compared to the prior week and an increase of 1.4%, or $3,492, compared to the week ending Jul 08. Average price per square foot for Cape Coral FL was $113, an increase of 8.7% compared to the same period last year. Popular neighborhoods in Cape Coral include Pelican, Caloosahatchee, Hancock, Mariner, Trafalgar, and Diplomat.
Cape Coral median sales prices

Housing Market In South Florida Ripe For The Picking

  Housing market in South Florida ripe for the picking By Todd Wilson | September 16, 2020 at 12:05 AM EDT - Updated September 16 at 9:42 AM...