Home Valuation Changes

April 8, 2009

Home Valuation Code of Conduct Changes Effective May 1, 2009
The Federal Housing Financing Agency’s Home Valuation Code of Conduct (Code, or HVCC) will be effective on May 1, 2009, and will require that the lender order the appraisal. The intent of the Code is to help ensure that borrowers, homebuyers and secondary mortgage market investors [...]

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Why buy Naples real estate now

January 28, 2009

Jim Cramer: Florida Raises Hope for U.S. Real Estate
It appears that Jim Cramer thinks that Florida is the model for the nation’s real estate market. He thinks that Florida was the first state to feel impact of the real estate bubble and now after 2 years it has bottomed out with the rest of the [...]

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Fed Rate Drops .5 Percent

October 8, 2008

In a surprise move, the Fed slashes rates by 50 basis points today.
How will this effect interest rates on mortgages?
Federal Reserve cuts in the federal funds rate have an unpredictable impact on long-term mortgage rates. So it’s impossible to know for sure when — or even if — rates will fall as a result of [...]

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Hurricane Ike Update

September 7, 2008

Hurricane Ike’s cone is still showing it is tracking to south and west. For the Naples, Bonita Springs and Estero areas of Florida it means the center of the storm may pass within about 200 miles of the coastline which disminishes the chances of the area feeling the full brunt of Ike.
The track towards the [...]

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Hurricane Ike

September 7, 2008

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 [...]

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A Friend in Need – Helping Other People

June 25, 2008

Yesterday, I was informed of a very close and dear friend, Charles Richey, had been hospitalized with Guillain-Barre Syndrome. This particular disease afflicts the nervous system and the inflicted individual looses the use of all their limbs and ability to swallow.
Charles has helped me with my website on many occasions and has always been there [...]

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Naples Real Estate News 03/20/08

March 21, 2008

MORTGAGES – So if the Fed keeps lowering interest rates, why don’t fixed mortgage rates drop more? Blame the investors who buy packages of mortgages on Wall Street. Those who are buying packages of mortgages are looking to recover their losses from mortgages which have fallen into short sales or foreclosure. In addition, to investors [...]

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Ave Maria Festival of Arts

March 7, 2008

On Sunday, March 9th in the town center of Ave Maria, from 11 AM to 4 PM a festival of arts will be held.
The Ave Maria University’s orchestra and choir will perform.  Also, the Immokalee High School jazz band will be performing.
Other activities include – dance exhibitions, art exhibits, a presentation of "Guys and Gals," [...]

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Blog Makes Top 100 Real Estate Blogs

February 21, 2008

Today, I was very surprised to find this blog to ranked in the Top 100 Real Estate Blogs as per Top 100 Real Estate Blogs.
The ranking is determined by Google Page Rank, Technorati Rank, and Alexa rankings.
The blog is entitled Naples Real Estate News and Market Updates and does cover the communities of Bonita Springs [...]

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Collier County And EDC Working Together

November 22, 2006

Collier County Commissioners and the Economic Development Council of Collier County (EDC) will be spending about $560,000 to attractive new businesses to eastern Collier County.  The target of their efforts will be businesses involved in distribution, manufacturing, information technology, life sciences, and financial services.
The Immokalee’s airport will be one of the targeted area for the new businesses [...]

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