SWFL Experiences A Housing Construction Boom
SWFL Experiences A Housing Construction Boom
As many locals have experienced over the last year, rent for multi-family and single-family communities have risen substantially. This recent spike can be attributed to the low inventory of homes for sale in Southwest Florida along with the increase of residents flocking to Florida’s sandy beaches from out of state. Florida has been leading the nation’s recovery of the pandemic with an increase in passengers to RSW International airport, new home purchases, and new home construction.
Wink News reported in September that almost 1,000 new unit permits have been approved to be built throughout Southwest Florida. In fact, Southwest Florida’s Cape Coral and Fort Myers markets are seeing the second highest increase in single-family homes for the entire country. Additionally, new mulit-family projects continue to rise at a high pace.
New construction of single-family and multi-family units is a great sign for the Southwest Florida market in terms of meeting consumer demand in this hot housing market, along with leading the U.S. in recovery.
To learn more about the Southwest Florida market, give us a call at (239) 334-3040!
You May Like
Property Spotlight: 4795 Enterprise Avenue
In this week’s edition of property spotlight, we wanted to highlight 4795 Enterprise Avenue. An 8,000 Sq Ft. Office building in Naples, the building is located on the northwest corner of Livingston Road and Enterprise Avenue. This property is available for sale with a price of $2,250,000 or $281/SF. It
Southwest Florida Leads State With Most Incoming Residents During Pandemic
You have heard it for a couple months now and it still rings true; Florida is hot. But now, we officially have some statistics to prove just how hot Florida is, specifically Southwest Florida. Bloomberg CityLab utilized the new U.S. Census data and Post Office data to analyze residents moving
How To: Last Minute Christmas Shopping
With the holiday season in full swing, most people have the gifts on their Christmas list all crossed off. But for those last-minute shoppers, we have some tips for you. Make a list and check it twice – Just like Santa, you should write out a list of all those