Naples Real Estate Blog

New Listings: A total of 64 Estero condos were listed in November 2007. When compared to November 2006, the number of condos listed was 78 – a drop of 14 or roughly 18%. In November 2005, 94 Estero condos were listed – a reduction of 30 condominiums or approximately  32%. The lower levels of list...

New Listings: A total of 101 Estero homes were listed in November 2007. When compared to November 2006, the number of homes listed was 76 – an increase of 25 or 33%. In November 2005, 92 Estero homes were listed – an increase of 9 or about 10%. The increase between 2007 and read more.... Click he...

November 2007 Market Update (year over year analysis) for Bonita Springs:Single family homes:* New resale listings in November 2007 were 199 homes versus 173 in 2006, or an increase of 26.* Closed sales in November were 16 homes with a median price of $572,987 versus 17 homes with a median price ...

Naples Real Estate Market Update November Analysis: Using a year over year analysis for November '07 - Single family homes in Naples * Single family homes listed were 832, 53 less homes than last November. * Closed sales in November '07 was 118 homes with a median price of $405000. Compared to a ...

BUYERS - It’s good to be a buyer, and buyers today know that they’re in the driver’s seat. Most buyers, are flush with available inventory, can take their time to find the home that’s “just right.” And many find great deals if they’re patient. Beside being patient, buyers should concentrate in a ...

REAL ESTATE FORECAST - The housing downturn hit bottom and has started its turnaround, at least according to National Association of REALTORS®’ latest forecast. While the association has downgraded its forecast month-by-month for a while, the December prediction marks the first time since after t...

REAL ESTATE TAX AMENDMENT - Floridians will save money on their property taxes if the constitutional amendment passes in January, but not as much as first estimated. A state panel revised the numbers downward by $3.2 billion on Friday, saying it expects fewer residents to move in a slower housing...

FLORIDA REAL ESTATE FORECAST - All is not gloom and doom with Florida real estate, according to the latest University of Florida study, which finds a positive outlook for commercial properties. “Job formation and migration to the state are still strong, and these are the factors that drive the re...

MORTGAGES - There are non-traditional ways to get a mortgage, and evidence suggests they’re on an upswing. Called “private-money mortgages,” they have different lending standards and carry substantially higher interest rates and fees. SUBPRIME MORTGAGES - The Bush administration plans to help str...

SUBPRIME MORTGAGES - Some experts say Bush Administration efforts to help at-risk subprime mortgage borrowers won’t offer much relief since less than one-third of the mortgages qualify for the plan. FANNIE MAE - FREDDIE MAC - Fannie Mae and Freddie Mac are caught between the proverbial rock and a...