Naples Homes for Sale – February

February 15, 2010

The homes for sale in Naples continue to show signs of improvement. While still a buyer’s market, the homes available for sale are declining as well as the months of inventory declining.
The month of February started with 3814 homes available for sale in the Naples area. In a year over year comparison it is a [...]

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Lely Resort – Home Under Construction

January 18, 2010

The other day I toured the Caldecott neighborhood of Lely Resort and saw a Tivoli model home under construction. A home which has no specific buyer and being constructed by a builder is called a “spec” home.
It was quite interesting to see a home under construction,

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Naples Homes for Sale – October

October 28, 2009

Naples Florida homes for sale at the beginning of October was 3698 last year. There were 5244 homes for sale in September. This represents a reduction in the total number of homes for sale by 1546 or about 30 percent,. During the month of August. There were a total of 3777 [...]

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Naples Home Market Update – August

September 21, 2009

Listings:
The new listings for the month of August 2009 were 608 homes in the Naples real estate market. The number of homes listed in August 2008 was 797. The decrease in the number of new listings of homes was 189 or about 24 percent. In August 2007, the new listings were 950, representing a reduction [...]

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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 Condo Market Update – March

April 20, 2009

Listings:
The new listings for the month of March 2009 were 749 condos in the Naples area. The number of condos listed in March 2008 was 721. The increase of new listings of condos was 4 percent. In March 2007, the new listings were 861, representing a drop of 112 condos or decline of 13 percent.
In [...]

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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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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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