Monday, August 29, 2016

Vanderbilt Commons: New 30 unit retail center


Restaurants, retail, medical coming to development on Vanderbilt Beach Road.
1st Phase:  35,000 sq.ft., one story strip center (1st quarter 2017).
2nd Phase:  37,000 sq.ft., mirror of first phase (3rd quarter 2017).
3 restaurants per phase.
"...good mix of local tenants and also national tenants."
SWFLATODAY Naplesnews.com
In the know, Tim Aten

Wednesday, August 10, 2016

Are Canadians Buying fewer Homes?



National Association of realtors:  
Canadian's investment in U.S. properties has been decreasing steadily...
...due to:
1).  Unfavorable exchange rates, and
2).  Increasing U.S. home prices.

Many Canadians "already bought" in the favorable 2011-2013 conditions; and they are now: 
1.)  selling for a profit or  
2.)  sitting comfortable with the option to sell for a profit.

Eight out of 10 Canadian buyers bought their U.S. homes for vacation or investment purposes, so Florida remains popular and is still of interest.

FYI:  37% of all homes purchased in this country are Canadian buyers!  Many of which in Florida and Southwest Florida.    

Full Article:
http://www.naplesnews.com/story/money/real-estate/2016/08/09/canadians-buying-fewer-homes-swfl-but-have-more-choices/88483374/