Local builders are cautiously optimistic with 2010 building permits up over 2009 levels. Southwest Florida and the Punta Gorda area have endured a steep slide in new construction for the past 4 years. New building permit for Punta Gorda are looking up with 24 issued in the first 10 months of fiscal 2010 verse 12 for all of 2009. Hopefully the long painful drought in new building construction has ended; signaling a return of normal market conditions.
Selling your home is a big decision. Who you entrust to list your home with must perform on a number of levels. The goals of sellers are relatively straight forward; achieve maximum return in a short period of time. Some of this responsibly is held by the sellers, requiring them to present a home ready for sale and priced within the framework of current and often changing market conditions.
By a margin of 4 to 0 The Airport Authority voted in favor of changing the name of Charlotte County Airport to Punta Gorda Airport. The name change was a marketing decision to help enhance the airports competitiveness. Southwest Florida has long been recognized as a destination for travelers coming from the Northeast along with the Midwest. However Charlotte County Airport remained a mystery to most travelers.
Recent headlines have pointed to declining home inventories starting to approach normal levels. The Punta Gorda real estate market has remained especially strong in the under $200k segment in some area’s for well over a year, tipping inventory levels into a range, that sales out strip new listings. Normally this would signal a change in prices to the upside. The lingering affects of the housing bubble, keep market forecasters off balance, sometimes sending mixed signals as to where we’re heading.
Downtown Punta Gorda enjoys the benefits of Laishley Park on many levels. Surrounded by this historic city on 3 sides, while to the north it’s flanked by the Peace River, offering great views no matter what time of day it is. The park is also purposeful with its own marina and multi use commercial area but more on that aspect later.