Naples Florida Real Estate News – 08/31/07

August 31, 2007

FORECLOSURES – Some 80,000 homeowners with bruised credit and subprime ARMs will be able to refinance before they lose their home to foreclosure with a new loan program insured by FHA, as proposed by President Bush today.
This program may help some homeowners in the Naples real estate market.  However, there is a proposal to raise [...]

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Naples Florida Real Estate News – 08/30/07

August 30, 2007

Hank Fishkind noted Economist speaks out on the real estate – his thoughts may surprise you.  Good news for our veterans when it comes to mortgages.  Foreclosures being faced by homeowners and people that know the people is becoming more common.

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Naples Florida Real Estate News – 08/29/07

August 29, 2007

Another insurance company sticks it to Florida homeowners as they plan to drop 39,000 homeowner insurance policies after dropping 35,000 policies two years ago.  Subprime mortgages crisis over?  What do Floridian’s think about the state’s economy?

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Naples Real Estate Is Local

August 29, 2007

Over on Business Week Hot Property blog, Maya Roney, writes "home prices can fall, and they do. U.S. home prices fell 3.2% in the second quarter of 2007 from the year-ago period, according to Standard & Poor’s Case-Shiller home price index. To put it in perspective, that’s the biggest decrease in the index’s 20-year history."

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Naples Florida Real Estate News – 08/28/07

August 28, 2007

Real estate news for Tuesday has some interesting items covering Flood Insurance, real estate taxes surprising many homeowners in Florida, and advice on negotiations if you are thinking about doing negotiations on your own.

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Naples Florida Real Estate News – 08/27/07

August 27, 2007

Today’s real estate news shows optimistic sales of existing homes, but don’t expect the usual condition of a home’s exterior.

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Bundled Naples Golf Course Communities Market Values

August 27, 2007

Today’s Naples real estate market is more complex than it has been in previous years.  The complexity comes about in determining whether a neighborhood is holding, increasing, or decreasing in value.
The complexity seen affects both buyers and sellers of real estate as to list price as well as identification of similar neighborhoods that offer the [...]

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Naples Real Estate News – 08/24/07

August 24, 2007

Some good news for prospective home buyers in the Naples area – mortgage rates dropped to their lowest level since May of this to about 6.5%.
On the national scene – new home sales in July were up 2.8%.  What will the August figures show, especially in light of the sub-prime mortgages, foreclosures, liquidity and credit [...]

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Naples Florida Real Estate News – 08/23/07

August 23, 2007

The stories are running in media throughout Florida: real estate tax bills are down slightly; more importantly, they’re not higher. However, long-time homesteaded owners will still see a yearly tax increase if their assessed value has been kept artificially low thanks to the Save Our Homes amendment.
If you are thinking about a Naples home or condo, be sure [...]

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Naples Florida Real Estate News – 08/22/07

August 22, 2007

In January, Naples, Florida voters will consider amending the Florida Constitution to help correct existing problems in the collection of real estate taxes. A just-released study by University of Florida finds Florida voters – 58 percent approval rating for the amendment, which is only 2 percent below the number needed (60 percent) for passage.
For years, big, innovative [...]

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