Everyday people ask, "What's going on in the Naples Real Estate market"? This isn't a 'one size fits all' question. As always, each market segment, both geographically as well as price-point has its own set of rules and trends. Earlier today I was showing condos along the beach. When they didn't like anything I had selected for them, they let me know they'd be patient and would wait for a short
Read MoreNaples Real Estate 3rd Quarter Update I know I've been saying this a lot lately, but so has just about everyone else I know..."2012 is flying by!" ~Here it is, already October 1st, and I can't believe I am doing research for the Naples Real Estate 3rd quarter sales report...oh my. There is quite a bit to report, and as always, I will try to keep it as concise as possible. One
Read MoreStrong Summer Sales in Naples Florida Recently released statistics show strong summer sales abound in Naples Florida. As reported in the Naples Area Board of Realtors Market Report, all three categories documented: Pendings, Closed Sales, and Median Sales Price showed increases for the 12 month period ending July 2012. Comparing July 2012 to July 2011 it is clear to see positive signs in every price point. Those sales posted in all pricing categories over $500,000 range
Read More...Why not own it? Homes are more affordable-According to the Freddie Mac House Price Index, current housing prices are down 27% on average across the nation from their peak values 5 years ago. Rates are Low- At an average of 4.6%, a 30 year fixed mortgage interest rate remains at record lows! Timing is Everything-New loan limits, as published by FHFA and HUD, state conforming loan limits will be reduced
Read MoreMany times, while getting to know a buyer's wants, especially when they are relocating to Florida from a northern home, the square footage needs differ greatly from what they originally specify to what they ultimately buy...People forget, or don't realize, what an intricate part of their home's living space the lanai [also known as a screened porch] becomes. Downsizing from a 4 or 5 thousand square foot home into less
Read MoreI cannot believe that February is already over and I am working on month end reports again. I know it's a short month, but didn't it just fly by? While reflecting back on last February, and comparing it to the activity here in Naples this February, I found some *newsworthy numbers that I thought you might find interesting.Listing inventory is down. Now, that could just be that we are all
Read MoreThe difference between September 30th and October 1st is this: One day it still feels like summer, the next day you're trying to decide at whose house will you be eating Chistmas dinner...The pumpkin decorations have been out at the stores for weeks, but I was still able to avoid that "the holidays are upon us" feeling....Until today! Turning the calendar page over, and having it read "OCTOBER" does it to me every
Read MoreCurrently, if a buyer asked me to find them a newer home (built 2007 or later), on the water in Naples with direct gulf access; there are presently only 16 to choose from in *MLS. These homes list from $2,195,000: a 2-story Bermuda-style 4 bedroom boasting over 4,300 square feet of living area (that's about $500. per sq ft.) with a beautiful pool, spa, waterfall, outside fireplace, summer kitchen, elevator,
Read MoreHere is an article that was published yesterday by RISMEDIA which answers the 'Top 4 Questions Home Buyers have about the Tax Credit'. Click HERE for link. For additional information, the Federal Housing Tax Credit Website can be accessed by clicking here HERE. As always, thank you for stopping by and taking the time to read our Naples Real Estate blog. We hope you will call us when you are
Read MoreI thought this was interesting enough to share....384 real estate markets across the United States are being tracked by CNNmoney.com. Check out the predictions for your city/area by clicking on this LINK. For detailed information about Naples Real Estate please call me or my partner, Chip Harris today! 239-370-0574 Thanks and make it a great day!
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