Naples Real Estate Blog

This is the second part of a three part series for maintaining a swimming pool in the Naples, Bonita Springs and Estero areas of southwest Florida.  The first part deals with water quality.  A good maintenance program will allow you to have low maintenance costs and years of enjoyable swimming.Cl...

In Tracy Santrock's post about swimming pools, someone added a comment that someone was paying $500 per month for maintenance of the pool.  Living in Naples Florida, since 1989, and located in a sub-tropical environment having a swimming pool at your home is a big plus when it comes to convenienc...

As most are aware, a "Lis Pendens" is a constructive notice that is filed in a court jurisdiction of an impending legal action -- generally, this foretells of an impending foreclosure action.  The actual foreclosure is determined by a final judgement.In Collier County, Florida (the Naples area) i...

Over the past 2 years, southwest Florida real estate has seen significant increases the market value of properties.  While many have jumped for enjoy seeing the increase in the value of their property, time has come for the rubber to meet the road.In Florida, under the Save Our Homes admendment p...

Identity theft is costly and time consuming to correct.  Your sensitive personal information may be more accessible than you think via the Internet!Have you heard of the term “phishing”?  Phishing is a term used to describe the act of sending an e-mail to a user falsely claiming to be an establis...

In this post Insurance - Condominiums, I discussed the increases taking place in condominium associations maintenance fees as a result of condominium buildings having coverage through commercial lines of insurance, rather than residential lines of insurance.Another reason for the increases is the...

In an earlier post to my blog, I noted that commercial insurance carriers were either significantly increasing premiums, no longer writing policies, or pulling out of the state of Florida.The impact of this is now being seen by many condominium associations.  A friend of mine that is a mortgage b...

In today's real estate market, many buyers last year are turning into sellers this year.  Often when discussing the possibility of listing their property, I hear "I want to make $x on the sale."The question that I ask them - "Have you calculated the return on equity(ROE)?"  The usual answer is "n...

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 ...