2014 Tag


New Park Coming To Punta Gorda

16.05.2014 in Events

Florida Tracks and Trails

florida tracks and trailsThere is nothing else like this in the state of Florida… and it’s coming to Punta Gorda! We’re talking about a 1,000-acre park featuring motocross, paintball, off road trails, zip lines, a recreational lake, RV and camping grounds, and an amphitheater.  People all over the state are getting ready to come for the grand opening!

The trails at Florida Tracks and Trails are going to be something very unique. They will provide 26 miles of one-directional trails, and each will take several hours to complete. Guests can take their Dirt Bikes, ATVs, UTVs, golf carts, and go carts on the trails. Don’t have one? No worries! Florida Tracks and Trails will be happy to let you rent one of theirs!florida tracks

Looking for a thrill? Pay a visit to one of the nations top paintball facilities. 40 acres of paintball fields, including a field for little ones and new comers, are sure to give you a thrill. Group and party packages will be offered, and many events will be held throughout the year. Bring your own equipment, or rent theirs! florida-tracks-trails-coming-2014-320x180

For those of you who dare to try the zip line, it is sure to be fun for everyone ages 8 and up! You can even purchase pictures of yourself on your thrill ride!

So maybe you’re just looking or a day of relaxation. You want it, you got it! How about a day at the beach, without leaving Punta Gorda?! Yes, there will be a manmade lake with a beach at the Florida Tracks and Trails park. Great for swimming, without the sharks!

Did I mention a 15,000 seat, outdoor amphitheater will be one of the big attractions at Florida Tracks and Trails? This will attract the hottest artists from all genres of music, and will be a Saturday night hotspot for all you concert-goers. There will be a variety of concessions selling food, drinks, souvenirs, concert items, and more at affordable prices.

Now you’re probably wondering “Where is this place, and when can I get in?!”. The park is located 14 miles east of interstate 75, on Bermont Road in Punta Gorda. The grand opening is set for sometime this year. Although the exact date has not yet been released, the park is under construction, and making progress everyday!

I will see you there! But until then, check out their progress, which is updated daily on their Facebook page.


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Key Lime Festival

05.05.2014 in Events

key-lime-pie-xCome for the annual Key Lime Festival in Fisherman’s Village on Saturday, May 17th from 10 am- 6 pm. Shops and Boutiques will feature their key lime specialties. Bella Balsamic will be offering samples of a key lime flavored dressing. Try a sample of a unique key lime soap, brought to you by Naples Soap. Simply sweet will be offering key lime pie, cupcakes, brownies, gelato, candy, and more! Specialty vendors will be offering their own creations with everything key lime! Come for the live music, face painting, balloon creations, tarot reading, and many more fun activities!

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January Market Update

20.03.2014 in Market Update

January 2014 market update

Overall 2013 finished slightly ahead of 2012 in terms of unit sales across the board with less than 5% growth in unit sales in Charlotte County, PGI/BSI & the Burnt Store markets. Where we recognized the most significant increases in unit sales is in the sale of vacant land.  Specifically, Charlotte County experienced a 14% increase in lot sales in 2013 over 2012, while the 33950 (PGI/BSI market) witnessed a 27% increase, and 33955 (Burnt Store market area) witnessed a 19% increase. The increase in lot sales had a corresponding increase on the number of building permits issued, as confirmed by the city of Punta Gorda who alone issued 87 permits in 2013. Copy of BSM Entrance

This is encouraging news for property sellers in our market today, as many of the “value lots” are being cleared from the market pushing buyers back into the resale market, versus considering new construction.  With our market now one year stronger and our feeder markets firming up in the Midwest and Northeast we are better poised for a potential uptick in property prices.

Abnormally cold weather experienced so far this winter will certainly contribute to the migration that Michael wrote about last week.  This coupled with more mortgage markets opening back up will in fact help to spur buying activity this season.

We will continue to experience the challenges with mortgage lenders being more rigid with their qualification of buyers, though more money should be available for those who qualify.  Moreover, as prices start to creep up we will be confronted with the never ending challenge of access to adequate data to substantiate the necessary appraisal.

The other hurdle on the horizon for sellers with older homes is the Biggert- Waters Flood Insurance reform, which is grossly increasing the cost of flood insurance for homes built in 1973 and before in Charlotte County and 1982 and before in Lee County.  The Senate is currently moving to postpone the implementation of this act, which will have a devastating impact on these property owners.

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