Homes for Sale in Naples Florida
Hurricane Ike’s projected path as of this morning shows the cone just south the Naples area. This is better positioning than yesterday mornings projected path and cone. The Naples area may not be affected by Hurricane Ike. With this cone it does appear that Bonita Springs or Estero areas will have any affects from the hurricane. However it is advisable to prepare for the worst and hope for the best.
Updates will be posted throughout the day on this blog.
During the month of June 60 Estero condos were listed for sale. For the same month in 2007, 53 condos were listed for sale; this represents an increase of 5.7 percent. The decrease from 2006 was 17.8 percent from the 73 new listings. In May 2008 a total 40 condos were listed for sale. The increase in the number of new listings has a negative impact on the number of months of supply for available condos in the Estero area, along with the lower volume of closed sales and stable pending sales volume. A graphic presentation showing the number of months supply for condominiums in Estero will be posted shortly.
A total of 8 condos were sold during June 2008. Comparing the same month in 2007 there were a total of 10 condos sold, the reduction of 2 condos represents a decrease of [Read more...]
During the month of June 69 Estero homes were listed for sale. For the same month in 2007, 86 homes were listed for sale; this represents a decrease of 19.8 percent. The decrease from 2006 was 22.5 percent from the 89 new listings. In May 2008 there were a total of 48 homes listed for sale.
A total of 25 homes were sold during June 2008. Comparing the same month in 2007 there were a total of 26 homes sold, represents [Read more...]
Florida cities continue to grow, but at a slower pace than in previous years, according to the U.S. Census Bureau. New Orleans netted the top growth spot, but its population is still about half what it was before Hurricane Katrina hit.
Reports of the death of the My Safe Florida Home inspection program have been greatly exaggerated. State officials announced last week that they expected to reach their goal last weekend and put the program on hiatus, but about 10,000 more inspection requests will now be accepted on a first-come, first-served basis.
Florida homeowners facing foreclosure have access to a lawyer and free legal advice through a program offered by the Florida Bar and Florida Legal Services. An attorney will, at no charge, negotiate with a lender on behalf of a homeowner to help keep the home out of foreclosure.The Statewide effort called FLASH (Florida Attorneys Saving Homes) has launched a toll-free hot line (866-607-2187) and will take calls from 8 a.m. through 4 p.m. Monday through Friday.
The U.S. House approved a homeless-veterans housing bill overwhelmingly Wednesday, even though the White House may veto it. The bill authorizes $200 million to be used for housing and services, 20,000 rental vouchers per year and $1 million for nonprofit groups to provide veterans’ services.
Month-to-month, the number of U.S. households in some phase of foreclosure fell 3 percent in May, according to RealtyTrac. However, the number is up 53 percent compared to the same month in 2007. In Florida, some counties have been hit harder than others.
Naples, Bonita Springs, and Estero homeowners take note: If you want a free hurricane home inspection courtesy of the State of Florida, sign up now. Most homeowners save money on property insurance following an inspection, but the program will achieve its goals and probably stop taking new applications later this summer.
The Amendment 5 real estate tax reform that voters will consider in November, the opposition officially kicked off its campaign yesterday. John Sebree, notes that the opposition group’s anti-amendment campaign has not offered any alternative solutions to Florida’s current property tax crisis. “Is any property tax relief good to them?” he asks.
The opposition is coming from businesses in the health care industry, agriculture, as well as, public schools.
The nation’s largest producer of cane sugar is set to go out of business in a $1.7 billion deal to sell its land to the state of Florida for Everglades restoration, Govenor Crist announced this morning.
The Conference Board Consumer Confidence Index declined again in June to 50.4. Lynn Franco, director of The Conference Board Consumer Research Center, noted that consumers’ assessment of present-day conditions “suggests the economy remains stuck in low gear.”
According to the latest housing report from Harvard University’s Joint Center for Housing Studies, the picture isn’t pretty. “We’ve never had so much information or data in uncharted water,” says Eric Belsky, the Joint Center’s executive director, who does not predict a quick recovery. However, the report expects immigration growth to be a key factor in rejuvenating the housing market.