Naples Condo Market Update – August

September 21, 2009

Listings:
The new listings for the month of August 2009 were 468 condos in the Naples real estate market. The number of condos listed in August 2008 was 513. The decline of new condo listings coming on the market condos was 9 percent. In August 2007, the new listings were 564, representing a drop of 96 [...]

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Short Sale – No Sale

August 10, 2009

Don’t blame the banks or lenders for not approving a potential short sale for every property! You just might blame the seller and the real estate agent. Buyers need to be aware of the facts before they waste their efforts and time on a transaction which is doomed even before the offer is made on [...]

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Naples Homes for Sale and Composition

August 2, 2009

The inventory of Naples homes for sale, continues to show a downward trend. As of the midnight July 3 or the early morning hours of August 1, there were a total of 3923 homes for sale in Naples. As of July 1 the number of homes for sale was 4104. Between the two months there [...]

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Short Sales – Income Tax Effect

July 5, 2009

Sellers of short sales often are not aware of the income tax effects of the short sale transaction and surprised to receive a form 1099-c.
Below is information for sellers of potential short sale transactions.
A short sale in real estate occurs when the outstanding loan against a property exceeds the market value of the property and [...]

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Estero Homes for Sale – Inventory

May 13, 2009

The available homes for sale in the Estero area saw a drop in the number of homes for sale as of the close of business on April 30. The current number of homes for sale was 471. This represents a drop in the inventory of 57 homes. The decline represents of about 11 percent. In [...]

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Naples Condos for Sale Inventory

May 3, 2009

The available condos for sale in the Naples area saw a drop in the number of condos for sale as of the end of April or start of May. The current number of condos for sale is 4954. This represents a drop in the inventory of 274 condos from the end of March. The decline [...]

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Why buy Naples real estate now

January 28, 2009

Jim Cramer: Florida Raises Hope for U.S. Real Estate
It appears that Jim Cramer thinks that Florida is the model for the nation’s real estate market. He thinks that Florida was the first state to feel impact of the real estate bubble and now after 2 years it has bottomed out with the rest of the [...]

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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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