Naples Real Estate Blog

By
Real Estate Agent - A Delta Realty of Naples Florida
My thoughts and news about Naples real estate, Bonita Springs real estate and Estero areas of southwest Florida.

ARCHIVED BLOG POSTS

2008 

FEDS CUT INTEREST RATE This afternoon the Federal Reserve cut the Fed Funds rate a quarter of one percent from 2.25% to 2.0%. The prime rate should follow with a drop of one-quarter percent from 5.25% to 5.0%. The rate cut will not affect fixed rate mortgages, however, those borrowers with home e...
04/30/2008
FORECLOSURES The number of homes in some stage of the foreclosure process rose again in the first quarter, according to RealtyTrac. And while Florida had a number of cities near the top of the list, California and Nevada landed the top spots. Stockton, Calif., ranked Number 1, with one out of eve...
04/30/2008
COUNTRYWIDE Consumer advocates claim Countrywide has not been responsive enough to homeowners struggling to make mortgage payments, and that Bank of America needs to do more when it takes over the troubled lender. The Fed is currently investigating the allegation, as it must do under the law, to ...
04/30/2008
REAL ESTATE TAX AMENDMENT Florida’s Taxation and Budget Reform Commission voted yesterday in favor of a constitutional amendment to decrease property taxes in exchange for higher sales taxes, providing it’s approved by 60 percent of voters in November. FORECLOSURES The Bush administration "strong...
04/30/2008
March 31st represents the end of the first calendar quarter, I have started to update community and neighborhood information showing the annual median sold prices since 1998. The neighborhood updated, for no particular reason was Laguna Royale at The Vineyards. It is interesting to note that in 1...
04/30/2008
Market conditions and trends are important for both condominium buyers and sellers in determining their actions in the Naples real estate market, as well as, cyclical variations. The market conditions for Naples condominiums cover both the month of March 2008 and the first calendar quarter of 200...
04/30/2008
The market conditions for Naples covers both the month of March 2008 and the first calendar quarter of 2008, ending March 31, 2008. A monthly analysis reflects activity during a month with comparative data for the previous years of 2007 and 2006. The quarterly analysis covers a longer period of t...
04/30/2008
Real estate agents and homebuyers are expressing their frustrations with short sale transactions due to the length of time it takes for a lender(s) to respond, if they respond at all. The issue is one whereby the floodgates have been opened and attempts are being made to list properties by seller...
04/20/2008
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Glenn Ginsburg

Naples Florida Real Estate
local_phone(239) 593-3581
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My thoughts and news about Naples, Bonita Springs and Estero areas of southwest Florida.