Two of the most commonly asked questions and comments we receive “Is this a good Naples neighborhood?” and “I’m looking for a great deal.” The answer to the question and comment is a combination of your list of wants and needs and the facts we have about a neighborhood.
Foreclosure Mills
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Today the Associated Press released a story about David Stern, a Florida foreclosure lawyer who became one of the nation’s top foreclosure lawyers. “The Florida attorney general‘s economic crimes division is investigating three law firms, including Stern’s, over allegations that they created fraudulent legal documents, gouged homeowners with inflated fees, steered business to companies they [...]
Naples Real Estate – We Are in Recovery
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The Naples real estate market is in recovery which is being brought about by the recovery of the Florida economy. The real estate recovery can be seen in the statistics for the real estate market. Statistics to be posted shortly within this blog. Fishkind also expects retirees to return to Florida’s warm shores, but “there [...]
Multiple Condo Owners – Restricted Use
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Buyers looking to take advantage of today’s low real estate prices in Naples maybe considering purchasing a vacation condominium with another party or parties. When purchasing a condominium in this manner it could be viewed as fractional ownership. Condominium associations do not look favorably upon this type of ownership or on multiple owners not of [...]
Renting Naples Short Sale Condo
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Today’s question from the email bag come from Michelle – “I am interested in renting a condo, however was a bit put off when the broker explained that the unit was in short sale but the lease would not be affected. It’s a great deal but does not sound too good to be true, I’ve [...]
How Far Prices Have Declined in Naples
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A question was asked yesterday “How far below peak would you guess homes and condos are in the Naples area? Statistics for homes sold show the median sold price through June 30, 2010 in the Naples area to be $227500 down 52 percent from calendar year 2005 (the peak year) median sold price of $474450. [...]
June 2010 Naples Condo Market Statistics
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The condominium statistics of the Naples real estate market is showing stability for the median sold in a year over year analysis. The volume of closed sales is level with last year. The number of pending sales is higher than last year. The new listings of condos for sale showed a decline in the volume. [...]
June 2010 Naples Home Market Statistics
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The statistics of the Naples real estate market segment for single family homes should the median sold price of homes increased 24 percent over June 2009. The volume of homes sold increased slightly less than 1 percent and the number of new listings declined 6 percent in a year over year analysis. The number of [...]
Naples Condo Market Statistics May 2010
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The Naples real estate market for condos shows a stable median sold price at the end of May, while the months of inventory and available condos for sale are declining. The number of condos being purchased continues to increase over the previous 2 years. Pending sales are also higher than in the previous 2 years. [...]
Collier County Foreclosures
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The number of Lis Pendens (the formal notice that starts the foreclosure process) has steadily been declining in the Collier County and Naples area. In October 2008 was the peak of filings with a total of 946 filings. The graph shows the number of filings occurring on a monthly basis according to the Collier County [...]
