Naples Real Estate News 02/05/08

February 5, 2008

HOMEOWNERS INSURANCE – Speaking to a Florida Senate select committee Monday, the head of Allstate Floridian defended its request for insurance increases by pointing to the impact from hurricanes over the past few years. But Sen. Bill Posey, R-Rockledge, said he hasn’t “seen so much bobbing and weaving since Muhammad Ali did the rope-a-dope.”
REAL ESTATE [...]

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Bonita Springs Condo Market Report December 07

February 4, 2008

In the Bonita Springs real estate market condominiums show some stability in new listings coming on the market, closed sales, and pending sales as one reviews the statistics and analysis, with exception of median price paid. The median sold price is lower largely due to higher priced condominiums sold in Bonita Bay and The Colony [...]

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Bonita Springs Home Market Report December 07

February 4, 2008

In the Bonita Springs real estate market homes show some positive trends in new listings coming on the market, closed sales, and pending sales as one reviews the statistics and analysis, with exception of median price paid. The market report covers not only the month of December, but also for the quarter ended December 31, [...]

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Naples Real Estate News 02/04/08

February 4, 2008

MORTGAGES – For all the recent tax cuts and lower interest rates, potential home buyers still have to land a mortgage – which is getting increasingly hard to do as many financial institutions tighten lending standards. Countrywide, for example, told brokers in 26 Florida counties last week to require at least a 5 percent down [...]

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Naples Real Estate News – 02/01/08

February 1, 2008

HOMEOWNERS INSURANCE – Allstate insurance companies can keep writing new policies in Florida under an appeals court ruling late Wednesday that rejected the state’s attempt to stop them, but which also potentially sets up a quick resolution to the standoff.
MORTGAGE RATES – Rates on 30-year mortgages rose for the first time this year, to an [...]

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