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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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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Naples Condo Inventory

October 17, 2008

The number of Naples condominiums available for sale at the beginning of October was 4716. The absolute number of listings increased by 41 condos over the 4675 listings at the beginning of September. Therefore, the months of inventory remained stable at 29 months. Viewing the months of inventory for the 12 month moving average trend [...]

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Bonita Springs Market Update Homes

September 15, 2008

August Activity:
Listings:
During the month of August 117 Bonita Springs homes were listed for sale. For the same month in 2007, 149 homes were listed for sale; this represents a decrease of 21.5 percent. The increase from 2006 was 10.7 percent from the 131 new listings. In July 2008 there were a total of 110 homes [...]

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Estero Home Market Update for August

September 11, 2008

August Activity for Homes in Estero:
Listings:
During the month of August 73 Estero homes were listed for sale. For the same month in 2007, 59 homes were listed for sale; this represents an increase of 23.7 percent. The increase from 2006 was 17.7 percent from the 62 new listings. In July 2008 there were a total [...]

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Naples Condo Market Update

September 10, 2008

August Naples Condo Activity:
Listings:
During the month of August 458 Naples condominiums were listed for sale. For the same month in 2007, 560 condominiums were listed for sale; this represents a decrease of 18.2 percent. The decrease from 2006 was 32.7 percent from the 680 new listings.
In July 2008 there were a total of 499 condominiums [...]

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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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