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Sun Blog: Rotonda

Rotonda

Housing affordability sets a record in 2012

According to research by the National Association of Realtors, Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power; NAR began tracking housing affordability in 1970. An index of 100 is defined as the … Keep reading... about Housing affordability sets a record in 2012

New Construction in Southwest Florida

According to an article by Steve Reilly in the Charlotte Sun newspaper on Sunday, January 6, 2013, there has been a significant increase in building permits issued in the area recently. Reilly reports that the number of permits issued in Charlotte County is nearing the level of 2004 when the county saw over 50 permits per month. In addition, there is a significant number of … Keep reading... about New Construction in Southwest Florida

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