Naples Market Report for January 2012 Released

Last week, the Naples Area Board of Realtors released its January Real Estate Market report. The figures in the report back up everything I'm seeing here at ground level in Naples, which is increased sales, generally stable pricing, and a drastically decreased available inventory. Here are a few notable statistics::  Overall [...]

Foreclosure Crisis Nearing an end?

According to an article posted on CNNMoney, the light may be at the end of the tunnel. Foreclosures decreased by 8.4% nationwide, according to CoreLogic. But that's nationwide; what's important to Naples Real Estate is what's happening here. According to Sunshine MLS, 2,672 New Listings in 2010 were entered as foreclosed. In 20 [...]

Just how many Foreclosure Listings are there in Naples?

Take a guess… Of all of the active MLS listings in Naples Florida, how many would you say are foreclosures? Would you say 5%, 10%, 20%? If you listen to the news, you’d probably believe it’s 30% In an article posted by Core Logic, Florida was listed as the foreclosure capital of the nation, with the highest percentage of for [...]

Naples Real Estate Market Improving but Foreclosures Still a Factor

While the supply of MLS listing in Naples is diminishing and sales are increasing, foreclosures in Naples are still a factor in the market. According to a recent article published at New-Press.com, Southwest Florida banks have taken back more real estate in an effort to clear bad debt from their books. In recent years, there's been talk of an [...]

Last Chance to Buy Second Homes in Naples?

Probably not, but a recent article posted on TheStreet.com strongly suggests that this is the time to buy real estate in Naples FL, which is listed as one of the real estate hot spots. I sell real estate full-time, for a living, and from what I see at ground level, educated buyers agree. Over the past year I've worked with a number [...]

Naples Real Estate Leading America's Housing Sector Toward Recovery

It's been no secret, at least locally, that Naples real estate is shifting from a buyers market to a sellers market. Listing inventory is down considerably and sales are up. It's simple supply and demand. Each year, Realtor.com reviews real estate markets nationwide and takes into consideration year-over-year changes in median list p [...]

Gulf Shore Blvd Naples - Year-End Real Estate Market Report

Everyone wants waterfront real estate, and in Naples FL, Gulf Shore Boulevard is where to find it. Real estate sales in this category have picked up. In 2011, Naples beach view condo sales increased by 21% compared to the previous year. Bay side condominium sales increased by 66%. The total number of 2011 annual sales for each of these categories [...]

Naples and Southwest Florida Real Estate Market Summary

December 2011 Closed Sales and Average Sale Price both increase over 2010 Closed Sales - Naples Fl, Bonita Springs FL, Estero FL Closed sales units in 2011 increased 5% over 2010, and are up 104% from their 2007 low. Closed sales above $1,000,000 are up 12% with 706 closings in 2011 vs. 630 in 2010. Average sales price has increased 7% since [...]