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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Naples Home Market Update

July 25, 2008

June Analysis:
Listings:
During the month of June 696 Naples homes were listed for sale. For the same month in 2007, 779 homes were listed for sale; this represents a decrease of 10.6 percent. The decrease from 2006 was 15.7 percent from the 826 new listings. In May 2008 there were a total of 771 homes listed [...]

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Absorption Rate for Naples Homes

July 7, 2008

The absorption rate for Naples homes reflects an improving market for the 4 specific time frames – 3 months, 6 months, 9 months and 12 twelve months ending June 30, 2008 for active listings as of July 1, 2008.

The 3 month time frame reflects an inventory of 22 months significantly down from the 44 months [...]

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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 Home Market Conditions March 2008

April 25, 2008

The market conditions for Naples covers both the month of March 2008 and the first calendar quarter of 2008, ending March 31, 2008. A monthly analysis reflects activity during a month with comparative data for the previous years of 2007 and 2006. The quarterly analysis covers a longer period of time, therefore, giving a more [...]

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Naples Home Market Update February 08

March 10, 2008

Some positive signs are continuing to show in the Naples single family home market, but it still remains a buyer’s market. Through out the month March additional commentary, neighborhood or community specific will be posted to better inform both buyers and sellers.
New Listings: In the month of February a total of 887 Naples homes were [...]

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Naples Real Estate News 02/25/08

February 27, 2008

FLORIDA HOME SALES – The mortgage credit crunch and a sluggish economy continued to affect the sales pace of existing homes and condos in Florida in January, with a total of 6,737 existing single-family homes sold statewide, a decrease of 28 percent from January 2007, according to the Florida Association of REALTORS. The statewide median [...]

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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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Naples Home Market Conditions January 08

February 18, 2008

The Naples single family home market conditions is continuing to show a trend of less listings coming on the market in January 2008. Pending sales are also showing an improvement in the number of homes having offers which are being accepted by the sellers. The number of closed sales were down from previous years as [...]

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