Naples Fl real estate news – 07/17/07

July 18, 2007

BUYER INCENTIVES – To spark buyers’ interest, sellers should consider practical incentives that focus on home price and monthly mortgage payments, instead of offering material perks such as fancy televisions.
This is good advise for sellers to consider when listing their Naples FL real estate property. I have said for months that sellers need to aggressively [...]

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Disincentives in Real Estate

July 18, 2007

On July 15th, Chris Palmeri from Business Week discussed how his Mother was told by a major builder that a price reduction (in all likelihood adjustment to existing market conditions) was an incentive.
This reminds me of a visit to a model center from a major builder where the on-site salesperson told my client that a [...]

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Interesting Blog Posts – 07/16/07

July 16, 2007

It seems that not only Florida is having issues with revenues, but also the City of Toronto, Canada.  Fraser Beach in his blog “The  Toronto Real Estate Blog” discusses a transfer tax that people purchasing real estate in Toronto could be paying in the future.  The transfer tax in Florida takes the form of Documentary Stamps [...]

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Naples FL Real Estate News – 7/13/07

July 14, 2007

REAL ESTATE TAX REFORM – The real estate tax reform amendment goes before voters in January. The amendment does two things to jumpstart the state’s sluggish home sales market: It provides substantial tax breaks for most first-time homebuyers, and it begins to address the “locked-in” effect felt by long-term homeowners who cannot afford to move [...]

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Naples FL Real Estate News – 07/12/07

July 14, 2007

LUXURY HOUSING – While the subprime U.S. real estate market is in the dirt, high-end U.S. homes are in clover, an analysis of nationwide home sales published Wednesday shows. This is true also of the Naples FL real estate market.

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Naples FL Real Estate News – 07/11/07

July 13, 2007

REAL ESTATE TAXES – The Florida Supreme Court on Tuesday asked a lower circuit court to consider a Broward mayor’s petition to block the proposed property tax reform constitutional amendment from going on the Jan. 29 ballot. The petition argues that the language is misleading and improperly scheduled for a vote, among other flaws.
HOUSING FORECAST [...]

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Naples FL Real Estate News – 07/10/07

July 11, 2007

INTERNATIONAL BUYERS FOR FLORIDA REAL ESTATE – In 2006, home sales to international buyers fell 65 percent compared to 2005 numbers, according to a Florida study conducted by the National Association of Realtors. Analysts blame “the exorbitant rise in homeowners/hazard insurance costs and equally dramatic rise in property taxes” on top of higher mortgage rates [...]

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Naples Florida Real Estate Taxes

July 10, 2007

I received a question today, that my answer could be informative for potential purchasers of Naples FL real estate. 
I have another question for you. A friend of mine living in Florida, told me the way to figure out how much you’ll be paying in taxes is, it’s $12.00 per $1,000 in Florida. Is this true for all of [...]

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Naples Real Estate News – 07/09/07

July 10, 2007

HURRICANES – Get ready: The Florida Department of Financial Services has scheduled a number of hurricane expos around the state, and many are open to the public. Topics vary but focus on hurricane mitigation techniques to boost a home’s defenses against a storm. One of the expos will be in the Naples area on [...]

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Naples Real Estate News – 07/06/07

July 9, 2007

MORTGAGE RATES – Average mortgage rates hit their lowest point in the past month at 6.63 percent for a 30-year FRM, according to Freddie Mac’s weekly nationwide survey, and most experts expect little change over the short term – good news for prospective homebuyers.
MORTGAGE FRAUD – Mortgage fraud affects friends, neighbors – even YOU. Mortgage [...]

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