Lee County home sales on record pace
Sales overtake 2005 boom year this month
Affordability, low interest rates and first-time homebuyer tax credits combined to boost July sales in the Greater Fort Myers area 94 percent more than the same time last year. A total of 1,446 single-family homes were sold in July. Full Story
First home sites sold in Costa Amalfi at Miromar Lakes
The first two home sites have been sold and home construction has commenced in Costa Amalfi, the newest waterfront neighborhood at Miromar Lakes Beach & Golf Club. Distinctive Communities Inc. and Michelangelo Homes, two of the builders in Costa Amalfi, will each construct one of the homes. Full Story
Report: More than half of Lee mortgages underwater
Nearly one-third of U.S. homeowners have negative equity
More than 15.2 million U.S. mortgages, or 32.2 percent of all mortgaged properties, were in negative equity position as of June 30, according to newly released data from First American CoreLogic. In Lee County, 95,553, or 53.2 percent of all properties with a mortgage, are in negative equity. In Cape Coral-Fort Myers, $16. Full Story
Local firms earn Aurora Awards
Local interior design firm Collins & DuPont won four Aurora Awards and one Grand Aurora Award at the recent Southeastern Builder's Conference. Collins and DuPont was presented with the following: . An Aurora Award in the Interior Detailing category for a private residence in Mediterra in Naples, designed by Lana Knapp, built by BCB Homes Inc. Full Story
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