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Dragon's Den

CEO Morgan Carey's $40 Million Deal!

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Real Estate Info

Here is where we discuss issues affecting the real estate industry overall.

Baby Boomers and Retirement Housing are like Oil and Water

Gulf Coast Associates posted this 487 Views

Statistically speaking, 40 million baby boomers will turn 65 by 2020. Forty. Million.  That's a lot of seniors - roughly 8,000 a day to be exact. That translates into some rather large changes in our neighborhood demographics across the United States, especially when you consider that today's active seniors are definitely not on board with being put out to pasture, or more to the point, shipped off to an old folk's home. ULI (Urban Land Institute) recently conducted a study on the ch...

Bonita Springs' latest: Luxury Single Family Homes at Bonita Lakes

Gulf Coast Associates posted this 9,389 Views

Bonita Springs has a new master planned community in the works. Bonita Lakes is a brand new gated community offering single-family estate and executive homes with gorgeous lake views. Built by Toll Brothers, Professional Builder Magazine's Builder of the Year for 2012, Bonita Springs' newest luxury community features lush tropical landscaping, wide boulevards, and superior build quality with attention to detail you won't find with many other builders. Two furnished models are currently on...

International Buyers Boost U.S. Market

Gulf Coast Associates posted this 2,734 Views

According to the National Association of Realtors 2011 Profile of International Home Buying Activity report, the U.S. continues to remain a top destination for foreign real estate buyers. For the year ending March 2011, foreign purchases hit $82 billion, up from $66 billion in 2010. The Florida real estate market accounted for 31% of the total international transactions, the most of any state. California had 12%, Texas had 9% and Arizona rounded out the top four with 6% of international tran...

Bonita Springs Real Estate Sales - End of Year 2010 Review

Gulf Coast Associates posted this 2,874 Views

The end of year 2010 Bonita Springs real estate market statistics for both home and condominium sales are listed below. As you'll notice from the data, it was another great year for property sales in Bonita Springs. 2009's numbers were the best on record, and the 2010 numbers blew right through the 2009 sales totals. When you consider today's marketplace, back to back record breaking sales years is pretty impressive to say the least. So, if you've been thinking about having a winter getaway ...

Port Royal in Naples - Luxury Florida Real Estate

Gulf Coast Associates posted this 2 3,418 Views

If you're looking for Luxury Florida real estate with fabulous Gulf beach and boat access, there is no better place to look in Naples other than Port Royal. Port Royal is without a doubt the most prestigious neighborhood in all of Naples. Created in 1958 by Glenn Sample, Port Royal is surrounded by water, with the Gulf of Mexico to the west, Naples Bay to the east, and Gordon Pass and Key Island to the south. The very private single-family community has fewer than 600 homes with most on g...

Southwest Florida Real Estate - Foreclosure Filings Drop

Gulf Coast Associates posted this 2,465 Views

As most everyone already knows, foreclosure filings continue to impact the Southwest Florida real estate market. However, at least for the month of March, filings improved in both Lee and Collier counties. For Lee County, there were 3,961 new filings, down 18% from March, 2009. In Collier County, there were 1,390 new filings, down 24% from a year ago. While both counties' filing numbers were down on a year over year basis, foreclosure sales are still having a major impact on the overall m...

Defective Drywall - New CPSC Guidelines

Gulf Coast Associates posted this 3,195 Views

According to a release last week from the Consumer Product Safety Commission (CPSC), homes containing defective (Chinese) drywall should be gutted. "We want families to tear it all out and rebuild the interior of their homes,"  said Inez Tenenbaum, chairwoman of the commission, the federal agency charged with making sure consumer products are safe. The drywall has been linked to corrosion of wiring, air conditioning units, computers, doorknobs and jewelry, along with possible health ...

HUD Clarifies Real Estate Transaction Fees Question

Gulf Coast Associates posted this 5,151 Views

The Department of Housing and Urban Development (HUD) has clarified their final position on add-on real estate transaction fees. According to General Counsel Helen Kanovsky, "The Real Estate Settlement Procedures Act (RESPA) regulates how the commission should be disclosed, it does not prescribe how it is to be determined. It's up to the real estate broker to decide what they charge for their services." HUD's view is the real estate commission can be disclosed as a flat fee, a percentage of ...

Grey Oaks in Naples - Luxury Florida Golf Real Estate

Gulf Coast Associates posted this 2,713 Views

If you're looking for Luxury Florida golf real estate, there is no better place to look in Naples other than Grey Oaks. Grey Oaks surrounds the prestigious Grey Oaks Country Club, offering 54 holes of championship golf on three distinctly different courses that provides everyone who plays there a most memorable golf experience. The community has something for everyone with designer furnished models, decorator-ready models, maintenance free villas and estate size home sites on the Gordo...

Mediterra in Naples - Luxury Florida Real Estate

Gulf Coast Associates posted this 1,683 Views

If you're looking for Luxury Florida real estate, there is no better place to look in North Naples other than Mediterra. Mediterra is reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community still in the development stage. Centered around two Tom Fazio designed golf courses and the 25,000 square foot country club at the Piazza, residents at Mediterra will enjoy one of the most exclusive lifestyles available on the Southwest Florida Gulf Coast. ...