Long-Term Mortgage Rates Fall – 30-year at 4.57%

WASHINGTON (AP) – June 21, 2018 – Long-term U.S. mortgage rates fell this week, marking their third decline in the past four weeks after increasing last week.

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages was 4.57 percent, down from 4.62 percent last week. By contrast, the 30-year rate averaged 3.90 percent a year ago.

The average rate on 15-year, fixed-rate loans eased to 4.04 percent from 4.07 percent last week.
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New Coach Homes – Paloma, Bonita Springs


New coach homes are still available in Paloma, a gated community in Bonita Springs. First or second-floor units.
Paloma is a gated community offering attached villas, single-family homes and new coach homes. Amenities includes a clubhouse with social room, heated pool, fitness room and two tennis courts. Prices start at $238,990.
Contact us for the latest incentives…

The Colony At Pelican Landing – Market Update – 3Q2017

This is a market update for The Colony At Pelican Landing  for the 3rd Quarter of 2017.
There are in total 60 active listings in The Colony. 64 properties have sold YTD and 5 properties are currently under contract.
Here is below the state of sales at The Colony by neighborhoods. Click on the links to have the YTD sales report.

NeighborhoodsActive ListingsSold - _Q2017Sold - YTD
Addison Place103
La Scala402
Las Palmas113
Messina Court100
Tuscany Isle501
Villa Trevi001

Contact us if you have any questions about The Colony and any neighborhoods.
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Beautiful High-Rise Condo For Sale in Azure At Bonita Bay

4931 Bonita Bay Blvd, Bonita Springs, FL

$ Click for current price

From the moment you step into this luxury residence you will be captivated by the expansive wrap around views of the Gulf of Mexico and tranquil Estero Bay. Enjoy the fiery sunrises and and sunsets, immerse yourself in the unparalleled natural beauty of Bonita Bay and Southwest Florida. Custom interiors by Gary David, this home is offered “turnkey” complete with the finest designer furnishings and decor to eliminate the headaches and expense of shopping for furniture. For the home chef, this unit features gas cooking inside and out. Azure also boasts a large screened poolside cabana w bar, TV and fireplace and amazing rooftop terrace. Bonita Bay offers a private beach, full service marina, 3 parks and 12 miles of biking/walking trails and more!

Presented By:

Showing Agent:

Dominick Tascher

Realtor, Sales Associate, MD, GRI, SRS
Licensed In: Fl
License #: 3090978

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Future Of Bonita – Estero Trail: Act Now!

What’s at Stake:
The inclusion of the Seminole Gulf Railroad “Bonita-Estero Trail” among priority trails in the upcoming five year plan.
What You Can Do:
Customize and submit your comments on the planning documents using our links below.
Between now and December 15, 2017
Background documents are available here.The Bonita-Estero Trail (Seminole Gulf Railroad (SGLR) ROW), which is supposed by the MPO and has been a priority trail in the past, has been dropped from the maps, which would make funds less available. As envisaged, the BonitaEstero Trail will provide transformational benefits to the Southwest Florida area; including quality of life and health improvements, high quality economic development and low impact tourism.

Complete the form below to send a message to the State regarding this important. You may amend the message as you see fit.
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Bonita Springs & Estero Real Estate Markets Active After Hurricane

BONITA SPRINGS — According to the Bonita Springs-Estero Association of REALTORS® (BEAR) Media Committee, post-storm inventory has not shown a large decrease specifically due to homes affected by Hurricane Irma.

“Comparing inventory on Aug. 31 with inventory as of Sept. 22, we’re seeing just a 10 percent decrease,” stated Jerry Murphy, managing broker, Downing-Frye, Bonita Springs. “This decrease only represents homes indicated with a ‘withdrawn’ status, meaning these homes were withdrawn from an active status most likely due to a temporary situation.”

An example of a temporary situation might be foliage and tree debris from the storm inside communities, which may prevent buyers from entering the community until cleanup is completed, or a minor repair such as pool cage screening.

Overall, Bonita Springs and Estero homes did not see major structural damage from Hurricane Irma. This is likely due to homes that were built in the last 15 years with improved construction standards that were updated post Hurricane Andrew.
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Hurricane Irma Aftermath: Recovery Well On Its Way.

Since Sunday I have toured many areas, driving around Naples, Bonita Springs and Estero looking at damages after the passage of Hurricane Irma. Driving on US 41 from Estero to Naples, damages are barely noticeable: A few signs are gone, some posts are twisted, old and large trees are on the ground but palm trees have largely resisted the fury of the storm.
On Gulfshore Blvd in Naples, The Moorings and Park Shore neighborhoods have landscape’s damages, the buildings do not have structural or large damages. Minor damages can be seen on the roofs of very few buildings.
Buildings in Pelican Bay have perfectly resisted damages, due to the lush landscape of the area, numerous beautiful large trees are down but it will not be noticeable after cleanup as many trees remain intact.
Vanderbilt Beach‘s beach front or bay front buildings have also well borne the storm with no evident damages.
In Bonita Bay, many old and large trees are down too; once they will be removed, it will be difficult to notice it.
Most affected areas seem to be in East Naples and Marco Island or very specific areas by flooding or where there’s been tornado activity.
Cleanup has started actively everywhere, 80% of FPL customers in Collier County had power restored, and 92% of Lee County Electrical Cooperative had lights back on.
FPL vows to have all power back this Friday, September 22nd.
There is no reason to doubt: Naples, Bonita Springs and Estero will recover promptly without any scars!
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