Homes for Sale in Naples Florida
The statistics presented and discussed below are global in nature for the Estero area and do not represent the more important micro-market views which can vary greatly. The Estero real estate market for homes is starting to show signs of stabilizing in many aspects and prospective buyers should be aware of the positive changes.
During the month of May a total of 48 homes were listed for sale. In May 2008, the number of homes listed for sale in the Estero area [Read more...]
The Bonita Springs real estate market for condos is starting to show signs of strengthening in some aspects and prospective buyers should be aware of the positive changes. The statistics presented and discussed below are global in nature for the Bonita Springs area and do not represent the more important micro-market views which can vary greatly from the global view.
During the month of May a total of 126 condos were listed for sale. In May 2008, the number of condos listed for sale in the Bonita Springs area was 148. [Read more...]
The Bonita Springs real estate market for homes is starting to show signs of stabilizing in many aspects with some positive signs in some aspects and prospective buyers should be aware of the positive changes. The statistics presented and discussed below are global in nature for the Bonita Springs area and do not represent the more important micro-market views.
During the month of May a total of 129 homes were listed for sale. [Read more...]
The Naples 4th of July parade lasted about 2 hours with almost 200 floats. Fifth Avenue South had throngs of people viewing the parade. The parade had both a military and patriotic theme. Hope you enjoy the photos.
Sellers of short sales often are not aware of the income tax effects of the short sale transaction and surprised to receive a form 1099-c.
Below is information for sellers of potential short sale transactions.
A short sale in real estate occurs when the outstanding loan against a property exceeds the market value of the property and the lender agrees to accept less than it is owed to permit the property to be sold.
The difference or shortage is an expense to the bank or lender and therefore becomes income to the individual(s) with the short sale. Put in simple terms – one’s expense is another’s income. [Read more...]