What the Latest Regional Economic Research Institute Report Reveals About Estero and Southwest FloridaEach month, the...
Growth Articles
What Is Resilience? Why Should Greater Estero Be Concerned?
What Is Resilience? Why Should Greater Estero Be Concerned?What Is Being Done and What More Should Be Considered to...
Real Estate Shifts in Estero – What the Latest Numbers Mean to You
Real Estate Shifts in EsteroWhat the latest numbers mean to you. If you’ve been watching the local housing...
Estero’s December Residential Building Permits Include 2nd Genova Unit; 2017’s Total Permits Approach $90 Million
During December 2017, permits for forty-three (43) residential units were issued. This included a thirty-four unit building within Genova Coconut Point on Three Oaks, seven (7) single-family homes, and two (2) duplexes. Six of the nine single family units were...
Estero’s Single-Family Home Sales Drift Lower in November; 2017 Remains Strongest Year Since 2010
Thirty-two (32) single family homes were sold in Estero in November, down 18% from November, 2016. Year-to-date sales are up 6%. The five hundred fifty-five (555) homes sold so far this year represents the best annual start since 2010, when the ECCL first started...
Estero’s October/November Commercial Permits Remain Stable; 2017 Remains Especially Strong
Commercial permits in October and November 2017 totaled $3,791,452, including $725,000 for construction of additional retail space at the Shoppes at Grande Oak on Ben Hill Griffin. Also included were additional investments in remodeling stores within Coconut Point and...
Estero’s Residential Building Permits Pause After the Hurricane
During October and November 2017, the issuance of residential single-family permits slowed appreciably to only seven (7) homes, with all seven being issued in November. Undoubtedly, the hurricane temporarily stalled new home construction. But, the total value of all...
Estero’s Single-Family Home Sales Surge in October; 2017 Remains Strongest Year Since 2010
Despite the after effects of the hurricane, forty-seven (47) single family homes were sold in Estero in October, up 42% from October 2016. Year-to-date sales are up 8%. The five hundred twenty-three (523) homes sold so far this year represents the best annual start...
Estero’s September Residential Building Permits Pause for Hurricane
During September 2017, Estero residential permits totaled only four (4) single-family homes, all of which were for Tidewater at the SW corner of Ben Hill Griffin and Estero Parkway. Over half of the single-family permits this year have been for Tidewater. The total...
Estero’s September Commercial Permits Lackluster; 2017 Remains Very Strong
Estero’s commercial permits in September 2017 totaled $893,888, one of the lowest monthly totals in the last few years, likely as a result of the hurricane. For the year, over $7 million has been invested in renovations within Coconut Point and Miromar malls,...
Estero’s Single-Family Home Sales Steady in September and Third Quarter; 2017 Remains Strongest Year Since 2010
Despite Hurricane Irma, thirty-eight (38) single family homes were sold in Estero in September, up 9% from September 2016. For the third quarter, sales were almost level with 2016, while year-to-date sales are up 5%. The four hundred seventy-six (476) homes sold so...
Estero’s August Commercial Permits Pick Up; 2017 Remains Very Strong
Estero’s commercial permits in August 2017 totaled $3,210,295, up from an especially weak July total. August permits included $1.9 million for renovations within Miromar Outlet Mall, including $1.6 for the new H & M store. For the year, over $6 million has been...