Lee County Commissioners Reject RCH Application
by admin on Jun.19, 2010, under Estero Real Estate News
The Lee County Board of Commissioners voted unanimously to deny the mine zoning application presented by Resource Conservation Holdings LLC (RCH), overturning the recommendation for approval of the Hearing Examiner on the case.
The Board responded unequivocally to the testimony of Lee County staff and many Estero residents who had previously testified before the Hearing Examiner. In addition about 150 urban and rural Estero residents showed their support by attending the six hour hearing. (continue reading…)
Bella Terra Condos May 2010
by glenng on May.29, 2010, under Estero Market Statistics
The median sold price for Bella Terra condos over the past twelve months shows a downward trend.
Currently there are 9 condominiums for sale in Bella Terra. 4 units are potential short sale properties and 1 is a foreclosed condo. The remaining 4 condos for sale are what is typically called traditional sales.
The average list price of a condo in Bella Terra is currently is about $129,750.
Bella Terra Homes – May 2010
by glenng on May.29, 2010, under Estero Market Statistics
There are 28 homes for sale in Bella Terra. Of the 28 homes for sale – 13 are potential short sales and 1 is a foreclosure. The average list price of home in Bella Terra is about $263000.
A potential short sale property (more commonly called short sale) is when the home owner owes more on the mortgage(s) or other liens against the home owner’s property than what the estimated market value of the property or possible selling price.
Potential short sale properties are not the same as a foreclosed property. A foreclosed property is where the bank, lender or investor owns the property.
The median sold price for a Bella Terra is increasing based upon a one year trend of the monthly median sold prices.
Estero Real Estate Relaunches
by glenng on May.28, 2010, under Estero Real Estate News
The Estero Real Estate Blog is being relaunched today. Previously, the old blog covered some aspects of Bonita Springs. The newly enhanced Estero Real Estate Blog will be covering more detail information about the most popular developments and communities in Estero, Florida.
In addition, less known developments and communities will be added to the blog as time progresses.
Your comments and suggestions to improve the blog will be greatly appreciated.