Naples Real Estate Home Market Update - May

June 28, 2009

The Naples real estate market for homes is starting to show signs of strengthening in many aspects and prospective buyers should be aware of the positive changes. The statistics presented and discussed below are global in nature for the Naples area and do not represent the more important micro-market views which can vary greatly between [...]

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Naples Homes for Sale - Inventory

May 3, 2009

The available homes for sale in the Naples area saw a drop in the number of homes for sale as of the end of April or start of May. The current number of homes for sale is 4756. This represents a drop in the inventory of 441 homes. The decline represents of about 8 percent. [...]

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Naples Homes Market Update - March

April 20, 2009

Listings:
The listings for the month of March 2009 were 938 homes in the Naples area. The number of homes listed in March 2008 was 761. The increase of new listings of homes was about 23 percent. In March 2007, the new listings were 971, representing a drop of 33 homes or decline of 3 percent.

In [...]

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Naples Homes for Sale - April

April 6, 2009

As of the end of March 2009, there were a total of 5,197 homes for sale in the Naples area. Compared with March 2008 there was a reduction of 819 homes or about 14 percent. This also represents a reduction in available homes for sale from February of 100 homes.
The number of active listings is [...]

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Foreclosures Sales Price to List Price in Naples

March 11, 2009

A frequent question asked in today’s real estate market is “How much will a lender or bank discount the list price of a foreclosed single family home which they own in the Naples area?”
One individual stated that banks are selling these properties with a discount of 25% from the list price or 75% of the [...]

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Naples Home Market Update

March 10, 2009

During the month of February 2009 a total of 228 homes were sold with a median sold price of $211,300 for the Naples area.
The number of homes sold when compared with February 2008 shows an increase in sales volume of 85 homes or roughly 59.4 percent.
The February 2009 homes sold also represents an increase over [...]

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Why Naples Real Estate is Undervalued

October 20, 2008

On September 19, CNBC did a story on the “Finding Housing’s Market Basement” where Richard Dekaser, a senior vice president and chief economist at National City Corp., singled out Naples in talking about the “first rays of sunshine on a possible end to the housing crisis.”
“Three years ago, the poster child for excess valuation in [...]

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Naples Homes Inventory

October 15, 2008

The actual number of Naples homes for sale remained level from September to October, with fewer homes for sale by 3. The total available homes was 5247 in September versus 5244 in October. However, due to the level of closed sales the months of inventory for Naples homes for sale has decreased one month from [...]

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Naples Home Market Update

September 10, 2008

Prior to presenting the analysis for August we need to reflect on the events which took place last August 15 - the sub-prime and liberal loan programs came to a screaming halt along with liquidity issues for lenders lasting for a couple of months. The result was a further weakening of already weak real estate [...]

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Going Green Can Save You Money

August 28, 2008

Today many people are looking to conserve energy and “green” their homes.
Did you know that Florida homes, air conditioning accounts for 40-50% or more of your electric bill?
The top 9 items you can do to lower your monthly electrical bill as related to your air conditioning system’s electrical consumption.
1 - Keep your thermostat at 78 [...]

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