It is more affordable to rent than buy a home in Lee and Collier counties, according to 2020 Rental Affordability Report, which shows that owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in 455, or 53%, of the 855 U.S. counties analyzed for the report. It is more affordable to buy than rent a home in Charlotte County, the report also shows. For this report, ATTOM Data Solutions looked at 50th percentile average rental data for three-bedroom properties in 2020 from the U.S. Department of Housing and Urban Development, along with Q2 2019 average weekly wage data from the Bureau of Labor Statistics and January-November (YTD) 2019 home price data from ATTOM Data Solutions publicly recorded sales deed data. Lee County was listed with $889 in 2019 average weekly wages; $1,641 in 2020 three-bedroom rent; and 2020 rental affordability (percentage of wages to rent) of 42.6%. The Jan.-Nov. 2019 Home Sales Price was listed at $240,000. Collier County was listed with average weekly wages of $950; $1,943 in 2020 three-bedroom rent; and 2020 rental affordability of 47.2%. The 2019 Home Sales Price was $415,000. Charlotte County was listed with average weekly wages of $768, 2020 three-bedroom rent of $1,513; 2020 rental affordability of 45.5%; and a 2019 Home Sales Price of $215,000.For the full report, click here.
FORMER HARBORSIDE EVENT CENTER TO REOPEN WITH NEW NAME
Tampa-based Mainsail Lodging & Development announced the former Harborside Event Center will reopen later this year as the Caloosa Sound Convention Center & Amphitheater. Located in downtown Fort Myers, adjacent to the Luminary Hotel & Co., the fully renovated Caloosa Sound Convention Center will feature 40,000 square feet of function space, including a riverfront terrace. An additional 8,000 square feet of adaptable indoor and outdoor function space will be available at Luminary Hotel, expected to open August 2020. The Caloosa Sound Convention Center renovations include major updates to the interior and exterior of the building, including a new roof, windows and exterior walls. Numerous public spaces throughout the venue have also been updated. New to the center is a ground-floor space that was reconfigured to add more boardrooms, administrative offices which have been added on the second floor, and a new riverfront terrace with a view of the Caloosahatchee. An announcement about the new amphitheater will be made soon, including details on the design and projected opening date.
COMMERCIAL REAL ESTATE OUTLOOK CONFERENCE SET
The Southwest Florida CCIM District presents its 20th annual Commercial Real Estate Outlook Conference from 7:30 a.m. to noon on Jan. 21 at Hyatt Regency Coconut Point. Industry experts will discuss the economic and commercial trends for the coming year and what possible opportunities and challenges lie ahead. The keynote speaker is economist Elliot F. Eisenberg, Ph.D., presenting “Economics 20/20.” Other speakers include Lesley Deutch, principal at John Burns Real Estate Consulting, presenting “Changing Market Demographics & Project Design Innovations;” and Danny Rice, managing director of Colliers International – Tampa Bay, Central & Southwest Florida, presenting “Emerging Trends.” The Economic Development Panel consists of John Talmage, director of Lee County Economic Development; Jace Kentner, director of Collier County Office of Business & Economic Development; Dave Gammon, director of Charlotte County Economic Development Office; and Michael Swindle, Commissioner Hendry County – District 4. Register at http://flccim.com/sw-outlook-2020/. Discounted room rates are available at https://www.hyatt.com/en-US/group-booking/NAPRN/G-SCIM. For event and sponsorship information, contact Bev Larson at (239) 281-1290 or Bev1314@aol.com.
BONITA SPRINGS MEALS ON WHEELS TO MERGE WITH COMMUNITY COOPERATIVE
The board of directors of Community Cooperative Inc. and Bonita Springs Meals on Wheels Inc. announced the merger of their respective organizations. The merger, effective March 1, will help meet a growing number of elderly and disabled Southwest Florida residents who rely on Meals on Wheels for daily nutritious meals, safety checks, and friendly visits. In addition to food support, Bonita Springs Meals on Wheels members will benefit from a comprehensive approach of social services, home visits and access to Community Cooperative’s Elder Care program. Bonita Springs Meals on Wheels has been delivering meals throughout Bonita Springs since 1971, helping the disabled and homebound seniors throughout Bonita Springs and the surrounding area. For more information on Community Cooperative, visit CommunityCooperative.com.
HAUS OF TRIKES & BIKES EXPANDS INVENTORY
Haus of Trikes & Bikes, a Fort Myers-based motorcycle and trike dealership, has been named an authorized reseller for Aprilia and Moto Guzzi motorcycles. Both Italian brands, known for their racing motorcycles, will add more diversity in Haus of Trikes & Bikes portfolio. The first delivery of 20 brand new models has arrived and more are to follow. The new models will be showcased on Jan. 25 at an exclusive Product Release party at Haus of Trikes & Bikes. The festivities will take place from 10 a.m. to 4 p.m. and include live music with Delta Crossing, complimentary food and beer, store-wide sales and Bikini Bike Wash. Parts of the proceeds will be donated to the Gulfcoast Humane Society. As an authorized Aprilia and Moto Guzzi dealership, Haus of Trikes & Bikes will also be handling any warranty work for those brands.
BEST-SELLING AUTHOR TO DISCUSS EVIDENCE-BASED WEIGHT LOSS
The Naples Green Scene presents “Evidence-Based Weight Loss with Michael Greger, M.D., FACLM,” from 6-7 p.m. on March 1 at the Sanctuary Room of Unity Naples. Greger’s presentation will include scientific research based on his new book, “How to Not Diet.” Greger is an internationally recognized physician, author, speaker and provider of nutritionfacts.org. He is a New York Times mega-bestselling author for his 2015 book “How Not to Die.” Greger is also a founding member and Fellow of the American College of Lifestyle Medicine. All proceeds he receives from his books, DVDs, and speaking engagements are all donated to charity. Purchase tickets at naplesgreenscene.org.
2020 Celebrity Martini Glass Auction returns in March
Celebrating a decade of support for film, arts, military and entertainment (F.A.M.E.), the 2020 Celebrity Martini Glass Auction F.A.M.E. is set for March 14 at Artis—Naples. The 2020 CMGA will feature a live auction of 10 artisanal martini glasses, live entertainment, details on the CMGA’s impact, an after-party hosted by chocolatier Norman Love of Norman Love Confections, and special celebrities. Proceeds from the by-invitation event benefit the Veterans Support Fund. Established in 2018 by the CMGA in partnership with the Community Foundation of Collier County, the Veterans Support Fund assesses and distributes funds to charities creatively meeting the physical, emotional, psychological and social needs of veterans. Individuals can donate online at http://bit.ly/VeteransSupportFund.
Larue Pest Management supports Our Mother’s Home
Larue Pest Management will be Golden Heart Annual Sponsors of Our Mother’s Home to help support the organization’s goal of raising $220,000 in 2020 for its 20th anniversary. Marin Asher, marketing director at Larue Pest Management, is a board member of Our Mother’s Home. As a Golden Heart Annual Sponsor, Larue will support all of Our Mother’s Home’s major fundraising events during 2020 including its 20th-anniversary celebration on Jan. 25 at The Plantation Golf & Country Club, the fourth annual Chair-A-Tea Party on March 20 at the Bonita Bay Club, A Family Fun Fishing Day on April 4 at Marlins Brewhouse, and the fifth annual Young Women on the Rise on Sept. 18 at Keiser University. For more information about Our Mother’s Home and its upcoming events, visit www.ourmothershome.com.
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