Naples Real Estate Blog

The absorption rate for Naples homes reflects an improving market for the 4 specific time frames - 3 months, 6 months, 9 months and 12 twelve months ending June 30, 2008 for active listings as of July 1, 2008. The 3 month time frame reflects an inventory of 22 months significantly down from the 4...

I was informed this morning by Ken Smith, a member of the Active Rain community, that Charles Richey, has been in a Las Vegas hospital for a few days now in ICU. As most of you know, Charles is the Webmaster for his wife's Las Vegas real estate Web site, as well as, an active contributor to Activ...

Many recipients of their economic stimulus check is not what they expected! How could this happen? The economic stimulus check or rebate check is based upon two factors which were not fully discussed in most the literature disseminated to the public.The factors are AGI (adjusted gross income - li...

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...

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...

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 ...

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...

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...

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...

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...