Naples Condo Market Statistics May 2010

June 14, 2010

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. [...]

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Collier County Foreclosures

June 14, 2010

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 Clerk of [...]

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Importance of Months of Inventory Statistic

June 13, 2010

The months of inventory represents the number of months to sell the existing listings on the market based upon the average monthly sold properties for the immediate past 12 months for the local, state, or national real estate market. The statistic will vary from real estate market, as previously defined. A local real estate market [...]

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Short Sale – Foreclosure Implications for Sellers

June 4, 2010

Is a lawsuit from your lender in the future a possibility after your short sale or foreclosure? Homeowners may find themselves in the possible tidal wave of lawsuits from lenders or mortgage holders against homeowners in the future as a way to recover losses when sales of homes involve a short sale or foreclosure when [...]

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