Naples Florida Real Estate News – 05/16/07

FLORIDA REAL ESTATE TAXES

Business leaders met with Gov. Crist on May 15, and asked him not to forget commercial interests when the state formulates new rules for property insurance, cautioning him not to shift more of the tax burden to commercial and non-homesteaded residential property owners.
 

Innocent Foreclosure Victims

I happened to stumble upon an article about innocent forecloure victims – pets.  After dealing with foreclosures in the Naples real estate market since 1996, I have not encountered this situation, nor given any thought about it.   Now I will have to check to see if there are any innocent foreclosure victims.

If you see or hear about any pets that were left behind at a foreclosure property, you should contact either the Collier County Domestic Animal Services (239) 530-7387 or The Humane Society of Naples at (239) 643-1880.

Paul Morris, Collier County Domestic Animal Services Employee

The gentleman shown above is Paul Morris, a Collier County Domestic Animal Services employee.  Paul and his wife are personal friends of mine, as well as, having purchased their home in Naples through me.

Press Misstatements

Recently there was a television program discussing how either buyers or sellers of real estate could financially benefit from the use of a Seattle discount real estate brokerage firm. 

Marlow Harris presents FACTS that strongly points out the discounter real estate brokerage firm is not as productive as the CEO of the company stated within his interview.

Way to go Marlow!

Naples Florida Real Estate News – 05/15/07

Naples Florida Real Estate News – 05/14/07

CITIZENS PROPERTY INSURANCE

Count Florida’s Chief Financial Officer Alex Sink among those concerned about Citizens Property Insurance Corp.’s potential growth after Gov. Crist signs a bill passed at the end of the 2007 legislative session that will allow Citizens to compete with private companies for policyholders. The worry: All Floridians would pay if a major storm hits. And in my case, I am paying 7.5% of my homeowners insurance for Citizens Property Insurance Corp.’s losses during 2004 and 2005!  Will someone subsidize my insurance? TRENDS 

To lure young buyers, many developers build condo complexes with amenities like video-game lounges that promise a great social life as well as an affordable first home. But it’s not easy to control demographics: Some of the buildings draw buyers old enough to be the parents of the kids down the hall. Will this be a trend in the Naples FL real estate market in the newer developments? REMODELING 

Strip, sand and polish. Americans will spend nearly $233 billion on home remodeling this year, according to NAHB’s 2007 industry forecast – a 1.9 percent increase from the record $228 billion spent in 2006.