The Mercato is coming along quite nicely. First The Capital Grille opened, Whole Foods just weeks ago, and now McCormick & Schmick's will open in a few weeks.
As for the residences at The Strada, there are two buildings with 80 residences in total. About 30% are sold with the first closings and occupancy set for first quarter 2009, probably February.
With the first buildings to open soon, models are in order. To accommodate that, the developer is now offering 5 units with one or two year lease backs. Additional incentives are available such as a membership at Naples renowned LaPlaya or credit at closing.
There are one bedroom units through penthouse available.
This paraphrased from a Naples News article by Laura Layden
We all know that Florida, Naples included of course, is the sunshine state so we expect no less than sunshine all the time! There hasn't been much sunshine in the media with regard to real estate in a long time but just maybe it's starting.
It is according to Richard Dekaser, senior VP and chief economist at National Citi Corp., in a very recent interview on CNBC this past Wednesday. Dekaser singled out Naples in talking about "the first rays of sunshine on a possible end to the housing crisis". Can you believe that? He actually used the words 'end to the housing market' and he was talking abut Naples!
"Three years ago,", said Dekaser, "the poster child for excess valuation in America was Naples, Florida." Naples is the only market mentioned during the entire interview.
The sharp decrease in prices, on average, are attributed to the short sales and sales of foreclosed property. The median prive for a single-family home in August was $238,000 down from $375,000 just a year ago. However, if you take out the under $300,000 market where the foreclosures are, the median prices would have increased 5% in August. This from the Naples Area Board of Realtors president-elect Brett Brown.
If these data, information, and subject matter interest you let me know! You may also subscribe to my BLOG by clicking 
And don't forget 
Twin Eagles is now offering two types of golf memberships. The original refundable membership and a new, reduced cost, non-refundable membership. It may be reduced in cost but it is not reduced in what it offers. It is a full-privileges lifetime membership. The non-refundable membership is available for a limited time only.
Follow the link to view listings - resale and new construction. Read more...
| Aqua :: Naples, FL | |
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With prices starting in the $2 Millions; Aqua, Naples' most elegant new address, offers a unique and private waterfront lifestyle for refined sensibilities, with amenities that include concierge services, a private yacht harbor with direct access and membership to Naples' most exclusive yacht club. Click the image to learn more... |
...in Overall Pending Sales. So the headline and sub-headline reads in the most recent press release from NABOR - Naples Area Board of Realtors - about the real estate market data for August of 2008.
Notable points:
NABOR Summary:
Click here to download the market data charts. Scroll to the bottom of the page.
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With our real estate office in Naples and my home base in booming Estero I have exposure and knowledge of Naples, Bonita Springs, Estero.
Robert (Bob) Pisa moved to the Naples area after spending 30 years in the Boston area. He was raised in the metro-NYC area and graduated from the Rochester Institute of Technology (Rochester, NY) in 1974. His career has been primarily in high-technology manufacturing and enterprise software for multi-national companies. Bob was also a successful small business entrepreneur and ultimately sold his start up business after six years of operation to a major corporation. He is the former Vice President for the Grandezza Master Homeowner's Association (two terms) and former President of the Santa Lucia Homeowner's Association (three terms.) Bob attained his real estate license in 2005, and is working in commercial and residential real estate. He is a member of Naples Area Board of Realtor®, NAR, and FAR.
Sales recognition. 
www.BobPisa.com also www.RobertPisa.com ... visit Naples FL Luxury Real Estate
Market Reports and Local Area Information
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Naples * Bonita Springs * Estero
Residential + Commercial + Investment + 1031 Exchanges
Read all and recent testimonials here.
Howard and Kathy - Ft. Lauderdale, FL
Bob Pisa is a true professional. After working with two other realtors in the Naples area, we almost gave up altogether in our search for a new home. Bob was a breath of fresh air; not pushy or overbearing, allowing us to direct the search, while keeping us informed every step of the way, and giving us great advice. Bob pointed out quite a few issues that we were completely unaware of, even though this was our fifth home purchase. Every point of negotiation in our purchase turned out in our favor. His referrals to inspectors and title company were great as well. We could tell right away that Bob knew the real estate business inside and out and only had our best interest as his focus. That blend of knowledge, professionalism and integrity is a rare find these days. We could not have asked for more!
Howard and Kathy
John and Lisa - St. Louis, MO
Bob, Thanks for your assistance in helping us purchase our town home in Naples. Since we live so far away, it was really nice to have worked with someone who answered our calls and emails promptly! Your help in showing us on line listings of what was available in the location that we wanted saved us so much time and effort. I appreciate your being there to do the walk through for us when we closed since we were not able to be there ourselves.Thanks again for all your help!
John and Lisa
Anthony Elia - Attorney at Law
I am an attorney in Connecticut specializing in real estate transactions. My wife and I recently purchased a home in Punta Gorda with the help of Robert A. Pisa of Prestige Properties of South Florida. Attempting to buy a home so far away can be a daunting task, but Bob went out of his way to make us feel comfortable, going so far as to take photos of various homes and the rooms inside to provide us with as much information as possible. He was forthright and honest with his recommendations and we soon became aware that his opinions were right on target and that we could trust his judgment. Bob was extremely helpful in negotiating a fair price for our home once we finally found something that was to our liking, a process throughout which Bob exhibited an abundance of patience. His dedication to us as home buyers did not stop once we purchased our home, as he has again gone far beyond the call of duty to assist us with matters which came about after the closing. There are many real estate agents who would forget you even exist once they are handed their commission check, but I can assure that Bob is not one of them. I have been practicing law in the Connecticut for almost 30 years and I can tell you from experience that real estate agents of Bob's caliber and expertise are few and far between. We are very fortunate to have chosen Bob as our real estate agent and we highly recommend his services to anyone who is interested in buying a home in Southwest Florida.
Sincerely,
Anthony J. Elia, Jr.
Connecticut
Andy J. - Denver, CO
Going through a process of purchasing a second home is never easy, especially when you have to complete the deal from a distance. Bob's professionalism made our process much easier and convenient. My introduction to Bob came from this wonderful website. His responsiveness to my many questions and inquiries was always truthful, honest, and prompt. It is rare that you find someone who is patient, who strives to understand a client's needs, and then organizes a trip that will guide you through a difficult decision. Through this process, Bob became friend, colleague, and real estate advisor for my family. What more can you ask...If you are looking for someone who has these qualities, I highly recommend that you speak with Bob.
Andy J.
Brian O'Donnell, CEO | Fraysen Systems Ltd.
I have worked with Bob on a number of projects going back almost twenty years. I have always have found him trustworthy and committed to getting the job done. I have highly recommended him to a number of associates and will continue to do so.
Brian F. O'Donnell
Tom Barrett, Director | EqualLogic Inc.
I have known Bob for more than ten years with much of that time in a professional environment where I found Bob to be nothing other than the quintessential professional. Bob's ability to research the relevant data and apply a highly analytical approach always leads to well informed conclusions and good decision making. These traits in addition to his commitment to get-the-job-done and attention to the details are exactly what you want from your real estate professional. Bob's recommendation comes to you without any hesitation whatsoever.
Bob Thaler, Sr. Director, Marketing Communications | Acronis, Inc
I have known Bob Pisa for more then 10 years as a business associate, peer and close friend.
Bob is a man of great integrity, is extremely dedicated to his family, his work, and is trustworthy beyond reproach. Highly motivated to always do the best in every aspect of his chosen field, he does whatever it takes to ensure a satisfied customer. His dedication to hard work, identifying the best solutions for his clients, establishing life-long friendships and a sincere drive for honesty makes Bob Pisa the consummate professional.
Furthermore, his expert ability to research critical information necessary to make important buying decisions will serve his clients well when considering a real estate transaction.
I have first hand knowledge of Bob's character and credentials because of our peer relationship at a firm selling very complex software to the semiconductor industry. His performance was so impressive; Bob was rewarded with a promotion to Senior Director.
Bob Thaler
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