real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: The Everything Bonita Springs Condo - 03/25/19 08:53 AM
The Everything Bonita Springs Condo! Why do I say thta? Many buyers seeking a property in SW Florida have a list of criteria that they would like to have, however many of this same buyers are working with a budget that makes it difficult to have everything that they are seeking.
So, what are these specific items that I am speaking of? These items which I will list are in no specific order. Close to the beach, 3 bedrooms, 2 full bathrooms, garage volume ceilings, over 1500 square feet, low fees, totally updated and most importantly it can't cost too much money!
I … (1 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Should I Buy & Rent My Naples or Bonita Springs Property? - 08/24/16 05:22 AM
Should I Buy & Rent My Naples or Bonita Springs Property? See all property www.buyfloridare.com
I have been asked this question countless times and the answer is always answered with a couple questions? Will you mind someone else using your property while you are not in town? Would want to furnish and rent seasonally or rent it annually unfurnished? Based upon those answers I can properly formulate my response. If my buyers does not see themselves using the property at all over the next one to five years I would suggest an annual rental, less to deal with and much less wear and tear … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: New NAHB index finds U.S. markets at 86% of ‘normal’ - 12/05/13 08:53 PM
WASHINGTON – Dec. 5, 2013 – Markets in 54 out of approximately 350 metro areas nationwide returned to, or exceeded, their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released today. Smaller metros accounted for most of the markets operating at or above normal levels, with almost half of them located in states with energy industries.
The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the nationwide market is running at 86 percent of its normal economic and housing activity.
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real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: U.S. new-home sales jump in Oct. after Sept. drop - 12/04/13 09:23 PM
WASHINGTON (AP) – Dec. 4, 2013 – Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
Sales of new homes grew 25.4 percent to a seasonally adjusted annual rate of 444,000, the Commerce Department said Wednesday. That was the largest monthly percentage increase since May 1980.
But the increase came after sales had fallen 6.6 percent in September to a 354,000 annual rate, the weakest since April 2012. And sales in August and July were revised lower to 379,000 and 373,000, respectively.
Sales had slowed over the … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: New mortgage rules have some wiggle room - 12/03/13 08:13 PM
NEW YORK – Dec. 3, 2013 – Wells Fargo, J.P. Morgan Chase, Bank of America and Citigroup will probably issue some mortgage loans that don’t meet the definition of a qualified mortgage (QM).
The new gold-standard lending definition – part of sweeping mortgage regulations set to take effect next month – allows banks to show that they’ve met all the new requirements created to ensure that borrowers can afford their mortgages.
However, lenders aren’t barred from making loans that fall outside the QM rules. They simply could face a greater legal liability on other loans.
The rules should keep lending standards … (2 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Short-sale surge may end as foreclosures gain favor - 12/02/13 09:30 PM
NEW YORK – Dec. 2, 2013 – As home prices rise, lenders are showing less willingness to grant short sales, RealtyTrac reports.
The number of short sales has been gradually dropping the last few months. Short sales represented 5.3 percent of all sales in October, down from 6.3 percent the previous month and down from 11.2 percent last October, according to RealtyTrac data.
The National Association of Realtors® recently reported in its October existing-home sales report that short sales tend to sell at an average discount of 14 percent below market value.
“After a surge in short sales in late 2011 and … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Buyers today want a house for the long haul - 11/29/13 10:08 PM
WASHINGTON – Nov. 27, 2013 – More homebuyers today plan to plant deep roots in their communities rather than move to a bigger or better home in a few years, according to research from the National Association of Realtors®.
Last year, 27 percent of homebuyers between the ages of 25 and 44 and 18 percent between the ages of 18 and 24 said they planned to stay in their homes for 16 years or more. By contrast, in 2006, just 18 percent of buyers aged 25 to 44 and 8 percent aged 18 to 24 said the same.
“They’re looking at hard costs … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Fla.’s consumer confidence bounces back in Nov. - 11/28/13 10:31 PM
GAINESVILLE, Fla. – Nov. 27, 2013 – Consumer sentiment among Floridians recovered from last month’s drop, rising to 76 in November from the revised reading of 70, according to a new University of Florida survey.
“As expected, consumer sentiment among Floridians regained much of the loss from September to October as the shutdown and debt ceiling debate came and went,” says Chris McCarty, director of UF’s Survey Research Center in the Bureau of Economic and Business Research. “However, at 76 we are several points away from our post-recession high of 81. We also note that the October reading was revised down one … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: 2013 Atlantic hurricane season draws to close - 11/26/13 09:46 PM
SAN FRANCISCO – Nov. 26, 2013 – Transitional land deals are picking up in 2013, but the recovery’s locations are still very “pocket-oriented,” Nancy Surak told attendees at the “Current Trends in Transitional Land” session during the recent National Association of Realtors® (NAR) convention.
Transitional land is defined as land in constant transition between uses, such as from commercial to residential. Such land sales often occur when buyers anticipate a future transition and are willing to pay a premium to purchase the land from the owners, said Surak, a commercial practitioner with Eshenbaugh Land Co. in Tampa, Fla.
Land values faced … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Transitional land deals stage a comeback - 11/26/13 09:41 PM
SAN FRANCISCO – Nov. 26, 2013 – Transitional land deals are picking up in 2013, but the recovery’s locations are still very “pocket-oriented,” Nancy Surak told attendees at the “Current Trends in Transitional Land” session during the recent National Association of Realtors® (NAR) convention.
Transitional land is defined as land in constant transition between uses, such as from commercial to residential. Such land sales often occur when buyers anticipate a future transition and are willing to pay a premium to purchase the land from the owners, said Surak, a commercial practitioner with Eshenbaugh Land Co. in Tampa, Fla.
Land values faced … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: ‘Resurgent housing sector’ to lead 2014 recovery - 11/25/13 10:36 PM
WASHINGTON – Nov. 25, 2013 – Mortgage giant Freddie Mac is expecting a good 2014 for housing. Economists predict a much stronger economic recovery will take hold next year, “led by a resurgent housing sector,” according to Freddie Mac’s November U.S. Economic & Housing Market Outlook report.
Despite rising interesting rates and home values, Freddie Mac economists believe “housing will remain generally affordable in most parts of the country.”
“Even if rates were to go to 5 percent next year, housing in most of the country would remain affordable,” Frank Nothaft, Freddie Mac’s chief economist, notes in the report. “Large metro … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Top lenders forecast housing market gains - 11/24/13 11:45 PM
SAN FRANCISCO – Nov. 22, 2013 – Prepare buyers for heavy documentation requirements starting in January, according to CEOs and senior executives from the biggest names in mortgage lending at the recent National Association of Realtors® (NAR) annual convention.
New regulatory hurdles could temporarily restrict lending to some buyers, but their effects will likely even out over time.
The Qualified Mortgage (QM) or ability-to-repay rule becomes effective in January and contains a number of underwriting standards that will constrict mortgage availability and deny credit to some first-time homebuyers. The QM rule requires significant documentation from consumers to justify lenders’ underwriting decisions, … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: TaxWatch study: How does flood ins. impact Florida.? - 11/21/13 08:47 PM
TALLAHASSEE, Fla. – Nov. 21, 2013 – Congress extended the National Flood Insurance Program (NFIP) for five years through last year’s Biggert-Waters Flood Insurance Reform Act. While the Act’s goal is to make NFIP pay for itself over time and ease a current deficit, it had unintended consequences as some homeowners discovered substantially higher costs for coverage.
Florida TaxWatch conducted a study to determine exactly how Bigger-Waters impacted Florida and its counties. Their findings:
• Floridians paid $3.60 in flood premiums for every $1 that came back to cover damages.
• Florida has more than 2.05 million policies. Of those, 268,648 (13 percent) … (2 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Homebuilder confidence holds steady in Nov. in Bonita Springs HOT. - 11/19/13 08:34 PM
WASHINGTON – Nov. 19, 2013 – Builders remain confident in the new single-family home market. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) was unchanged in November from a downwardly revised level of 54 last month.
Any HMI number over 50 represents more optimism than pessimism, and the score has topped 50 for the sixth consecutive month.
“Given the current interest rate and pricing environment, consumers continue to show interest in purchasing new homes,” says NAHB Chairman Rick Judson. However, he says some potential homebuyers continue to hold back “because Congress keeps pushing critical decisions on budget, tax … (2 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: About 36M Americans moved in the last year, many to Bonita Springs, FL - 11/18/13 07:44 PM
WASHINGTON – Nov. 18, 2013 – The U.S. Census Bureau reports that 35.9 million U.S. residents, or 11.7 percent of all Americans, moved between 2012 and 2013.
The nation’s mover rate is down from 12 percent in 2012. The decline follows an uptick from the record low of 11.6 percent in 2011. However, the mover-rate difference over the past three years isn’t statistically significant.
The info comes from the U.S. Census Bureau’s “Geographical Mobility: 2012 to 2013,” a collection of national- and regional-level tables from the Annual Social and Economic Supplement of the Current Population Survey. The tables describe the movement … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: Rental-home business moves to Wall Street, booming in Bonita Springs - 11/17/13 08:36 PM
NEW YORK – Nov. 15, 2013 – Instead of just phoning a local landlord, house renters in Orlando may soon be dealing with call centers and centralized maintenance crews as Wall Street gets more involved in local home rentals.
In one of the surest signs that the home-rental business is going corporate, the area’s biggest new landlord has started bundling rent checks from tenants and selling them as securities on Wall Street.
The sale this month by Blackstone Group means that Wall Street investors are banking on tenants paying their rents on time. But it also indicates that instead of building … (0 comments)

real estate bonita springs naples foreclosures short sales pools lee collier fort myers investment golf gulf pool relocate bob forman buy: NAR: Commercial market recovery remains uneven, seems steady in Bonita - 11/15/13 09:59 PM
SAN FRANCISCO – Nov. 15, 2013 – After several years of slow-moving growth the commercial real estate market is in a recovery mode as transaction volume increased 27 percent over a year ago and prices display solid gains, said National Association of Realtors® (NAR) Chief Economist Lawrence Yun during a commercial real estate forum at NAR’s recent convention.
While the overall commercial sector appears to be improving, Yun said this isn’t the case in all levels of the commercial market. “Realtors involved in commercial real estate have reported they’re still seeing little improvement,” said Yun. “Commercial members typically handle smaller transactions, … (0 comments)

 
Bob Forman, Working 7 days a week for my clients & staff. (Lannon Stone Realty, LLC)

Bob Forman

Working 7 days a week for my clients & staff.

Sussex, WI

More about me…

Lannon Stone Realty, LLC

Address: 34135

Mobile: 239-322-7672

Real Estate information mostly about SW Florida to include Naples, Bonita Springs, Estero, Fort Myers, Cape Coral, Lehigh Acres and more.


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