Earlier today Chip and I were interviewed by a correspondent from Deutschlandfunk, Germany's National Public Radio station. [Similar to the BBC and our PBS.] The reporter, Bettina Klein, found us by doing an Internet search, and thereby locating our website, NaplesRealEstate.com. She called yesterday to arrange the meeting here at our office on Fifth Avenue South in downtown Naples. She had never been to Naples, so we spent a good
Read MoreThe long, hot days of summer are here, and if you are looking for something really cool to do, we can suggest a few of our favorites! How about summer golf? The South Florida PGA 2010 GolfPass membership is available for only $48 per individual. It offers play on over 200 South Florida courses! Look for GOLFPASS on the menu bar on their homepage! This is an unbelievable opportunity! If
Read MoreI can't even count the number of times over the course of my nearly 30 year real estate career that a seller did not accept a reasonable offer on their home, only to call me days or weeks later asking, "Has that buyer has bought anything yet?" Today's market does not lend itself to sellers holding out for top dollar...Unless of course, they really don't need to sell...and then I wonder, Why are
Read MoreIn a letter dated today, July 1st, 2010, the National Association of Realtors President, Vicki Cox Golder, announced the extension of the Homebuyer Tax Credit closing deadline to September 30, 2010. This is a huge win for REALTORS and homebuyers as well as the National Association of Realtors [NAR] who all worked closely with members of Congress to make it happen! The extension applies only to transactions that have ratified contracts
Read MoreColdwell Banker Expands to 50 Countries! Coldwell Banker Real Estate LLC signed an agreement yesterday that expands the Coldwell Banker brand's presence in France, and adds Monaco! With the addition of Monaco, the Coldwell Banker international network is now represented in 50 countries and territories on six continents worldwide! Coldwell Banker France and Monaco is based in Paris, led by Laurent Demeure, president and chief executive officer of Demeure S.A.,
Read MoreA national average tells us that less than 9% of short sales listed will go through to closing! One in every 173 housing units in Florida are more than 30 days late on their mortgage payment. Approximately 30% of the listed homes and condos are "distressed"...80% of those are "underwater", or in a short sale situation. An example of the huge learning curve that all of us in the real
Read MoreJust another follow up to my most recent post (see June 9th, 2010) regarding some interesting trends going on in Southwest Florida. Here's a link to a couple of charts that give a good, clear picture of the strengths and weakness in our present market condition. For additional information about the Naples Real Estate market, please call Harris Peppe Wells today! 239.370.0574
Read MoreIt is hard to believe it's already June! This year is flying by, isn't it? Here's a brief recap of some of the more interesting *statistics about the local real estate market here in Naples Florida: Currently there are 2,270 residential properties under contract in Naples per the MLS. This includes listings that are still considered "Active with Contract" [awaiting contingencies to be met or waived], and those that are
Read MoreIn Naples, the coast is clear! The coast of Florida has miraculously been blessed with weeks of winds blowing mostly from the north and east, keeping "the spill" away...for now. This wind direction is the opposite of normal for this time of year! (photo insert taken on 05/31/2010 between Naples and Marco Island-click on picture to enlarge) Chip and I have not had many inquiries about the oil spill, but it did come up as
Read MoreToday, June 1st, marks the first day of the 2010 hurricane season. This will run for six months, ending November 30th. Here are a few facts about hurricanes, as well as a few helpful websites that I'd like to share with you. Did you know that for hundreds of years, hurricanes in the West Indies were named after the particular saint's day on which the storm made landfall? Using a
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