Naples Short Sales

Short Sale and Foreclosure Update

Posted on July 21, 2010

I like sharing statistics about the Naples real estate market...I'm known around the office as the one with all the data and percentages...it is important to me when showing homes to have facts to back up my reasons for why I selected certain homes to show over others. I am a bit of a 'numbers freak'. Lately, I have been asked quite a bit to share some facts about the short

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Short Sale Pilot Program

Posted on June 24, 2010

A 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

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