Black Flag brings classic punk energy to The Ranch in Fort MyersCharlotte Technical College breaks ground on aviation facility
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during their Fort Myers stop of their “First Four Years” tour.
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.Â
CAPE CORAL Man arrested in connection with Cape Coral home invasion The Cape Coral Police Department has announced the arrest of one of three men suspected in a home invasion that took place earlier this month.
2 airboats crash between mile markers 74 and 75 in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 East between mile markers 74 and 75.
CAPE CORAL Cape Coral residents react to $100M North Cape land deal The city of Cape Coral is seeing two projects that will change the city. One is called one of the most lucrative deals in county history.
Royal Palm Coast Realtor Association breaks ground on new Fort Myers headquarters As Royal Palm Coast Realtor Association’s president pointed out, about 1,000 people are still moving to Florida every day, and many of them are finding their way to Southwest Florida.
PUNTA GORDA Charlotte County drug trafficker sentenced to 10 years A Charlotte County man has been sentenced to 10 years in prison for drug trafficking.
lehigh acres ‘How to sign away parental rights?’; Lehigh Acres woman accused of killing her 4-month-old baby The Lee County Sheriff’s Office has arrested a woman accused of killing her 4-month-old baby.
Punta Gorda Man accused of indecent exposure at school bus stop in Punta Gorda The Charlotte County Sheriff’s Office has arrested a man accused of indecent exposure at a school bus stop in Punta Gorda.
estero 76-acre prescribed burn at Koreshan State Park Park officials are performing a 76-acre prescribed burn at Koreshan State Park.
Tim Aten Knows: 2 new eateries coming to East Naples After operating La Rosa Pizzeria for more than 15 years, owners Bill and Alda Rosa decided to sell their local business and restaurant space.
the weather authority Warmer with sun and clouds for your Friday plans The Weather Authority is tracking a warmer day ahead, with a mixture of sun and clouds expected this Friday afternoon.
FDOT opens all lanes of Caloosahatchee Bridge year ahead of construction schedule The Florida Department of Transportation announced all lanes of the Caloosahatchee Bridge are open, a year ahead of its original pedestrian sidewalk project estimate.
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
FORT MYERS Black Flag brings classic punk energy to The Ranch in Fort Myers Legendary punk band Black Flag made their mark in Southwest Florida during their Fort Myers stop of their “First Four Years” tour.
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.Â
CAPE CORAL Man arrested in connection with Cape Coral home invasion The Cape Coral Police Department has announced the arrest of one of three men suspected in a home invasion that took place earlier this month.
2 airboats crash between mile markers 74 and 75 in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 East between mile markers 74 and 75.
CAPE CORAL Cape Coral residents react to $100M North Cape land deal The city of Cape Coral is seeing two projects that will change the city. One is called one of the most lucrative deals in county history.
Royal Palm Coast Realtor Association breaks ground on new Fort Myers headquarters As Royal Palm Coast Realtor Association’s president pointed out, about 1,000 people are still moving to Florida every day, and many of them are finding their way to Southwest Florida.
PUNTA GORDA Charlotte County drug trafficker sentenced to 10 years A Charlotte County man has been sentenced to 10 years in prison for drug trafficking.
lehigh acres ‘How to sign away parental rights?’; Lehigh Acres woman accused of killing her 4-month-old baby The Lee County Sheriff’s Office has arrested a woman accused of killing her 4-month-old baby.
Punta Gorda Man accused of indecent exposure at school bus stop in Punta Gorda The Charlotte County Sheriff’s Office has arrested a man accused of indecent exposure at a school bus stop in Punta Gorda.
estero 76-acre prescribed burn at Koreshan State Park Park officials are performing a 76-acre prescribed burn at Koreshan State Park.
Tim Aten Knows: 2 new eateries coming to East Naples After operating La Rosa Pizzeria for more than 15 years, owners Bill and Alda Rosa decided to sell their local business and restaurant space.
the weather authority Warmer with sun and clouds for your Friday plans The Weather Authority is tracking a warmer day ahead, with a mixture of sun and clouds expected this Friday afternoon.
FDOT opens all lanes of Caloosahatchee Bridge year ahead of construction schedule The Florida Department of Transportation announced all lanes of the Caloosahatchee Bridge are open, a year ahead of its original pedestrian sidewalk project estimate.
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
Photo by WINK News. Scenic high rises and new homes are popping up all across Southwest Florida. But, fewer people are buying residential property. New data shows plummeting housing sales in Southwest Florida. With it being over a decade since the last recession, many assume the data points to a normal cycle in the market. But, the volatility of the stock market is likely the reason keeping buyers from making large purchases until prices become more stable, according to an expert. Florida Realtor, a news resource on the real estate market, shows lower closed sales between December 2017 to 2018. In Lee County, closed sales are down 15 percent, 14 percent in Charlotte County and 2 percent in Collier County. “End of last year it was very slow,” said Mike Lombardo, a real estate broker for the Mike Lombardo Team. “We’ve seen that reflected in you know, home prices being dropped, you know 14 percent, 15 percent, in some places.” Lombardo said sales are still coming in, but he had to work harder to meet his revenue goals this past year. The real estate agent contributes the slow down in the real estate market to have more supply than demand. The primary factors Lombardo attributes to the decrease in demand are blue-green algae outbreaks and red tide. He believes buyers will wait it out until the environmental crisis becomes less severe. Lombardo and Shelton Weeks, the Florida Gulf Coast University chair of the Dept. of Economics, said it is too early to worry. “This is what a normal recession looks like, a housing recession,” Lombardo said. “Hopefully it will pan itself out again in spring or summer.” “I wouldn’t panic yet,” Weeks said. “Realize that we are coming off an extremely volatile quarter in capital markets and I think if things settle down and market sort of resumes a normal path, then we’ll likely see our real estate markets recover and go back.” However, Weeks said if this declining trend continues into a recession, property values could drop and taxes would follow.