Metas
Naples Florida Real Estate News - 05/14/07
CITIZENS PROPERTY INSURANCE
Count Florida’s Chief Financial Officer Alex Sink among those concerned about Citizens Property Insurance Corp.’s potential growth after Gov. Crist signs a bill passed at the end of the 2007 legislative session that will allow Citizens to compete with private companies for policyholders. The worry: All Floridians would pay if a major storm hits. And in my case, I am paying 7.5% of my homeowners insurance for Citizens Property Insurance Corp.’s losses during 2004 and 2005! Will someone subsidize my insurance? TRENDS
To lure young buyers, many developers build condo complexes with amenities like video-game lounges that promise a great social life as well as an affordable first home. But it’s not easy to control demographics: Some of the buildings draw buyers old enough to be the parents of the kids down the hall. Will this be a trend in the Naples FL real estate market in the newer developments? REMODELING
Strip, sand and polish. Americans will spend nearly $233 billion on home remodeling this year, according to NAHB’s 2007 industry forecast – a 1.9 percent increase from the record $228 billion spent in 2006.
Comments
Got something to say?