Naples Real Estate Blog

The median price for closed sales in June '05 was $505,000 (492 sales). In June '06 the median price for closed sales is $455,000 (224 sales). Thus, prices have dropped by about 10%, since last year.The next question - will the prices continue to drop? Pending sales can tell us what "future" clos...

In the month of June '06 there were 44 single family homes sold with a median sales price of $492,000.In Jume of 2005 there were 83 single family homes sold with a median sales price of $525,000.Both sales volume and median price are down in June 2006 versus 2005.Looking at the pending sales for ...

Create an Emergency Plan:1) Hold a meeting with all members of your household to discuss the dangers of fire, severe weather, hurricanes, and other emergencies.  Explain how to respond to each.2) Find the safest spots in your home for each type of disaster.3) Discuss what to do about power outage...

Call your Emergency Management Office or American Red Cross Chapter to:1) Find out about the types of disasters that could occur in the area.2) Learn how to prepare for each type of disaster.3) Ask how you would be warned of any emergency.4) Learn your community's evacuation routes.5) Find out ab...

Living in Florida since 1983 and having endured more one hurricane (I even made my decision to relocate to Florida from the Boston area while vacationing and experiencing Hurricane David.).  I thought it might be helpful to post some helpful information for those that might be relocating to Flori...

Interest rates on 30-year mortgages rose for a third straight week to a nationwide average of 6.78 percent, hitting the highest level in more than four years -- and mortgage experts predict more of the same.

The real estate craze of 2005 is just the beginning, a former NAR chief economist told Florida real estate practitioners on June 29, 2006 at a meeting in Palmetto, Florida. "Between five and 10 years from now, it will be a better market than last year," said John Tuccillo. "But, I'm not saying th...

Citizens, the state's insurer of last resort, announced that it will no longer insure unfinished commercial buildings, which could change the face of development in coastal Florida since no insurance means no bank loans. One solution posed by the Office of Insurance Regulation: Create a temporary...