A measure of the real estate market is the number of active listings shown on the MLS service for an area.
For Naples after several of months of the active listings dropping as of October 1st there shows signs of stability - single family homes was 5244 active listings versus 5247 as of September 1st.
Condo listings in Naples as of October 1st showed 4716 up 41 units from September 1st.
Summary market conditions provided by the Glenn Ginsburg. The summary market stats are just a summary of the market conditions in Naples Florida. If you would like more details about the current conditions or information on specific developments including Pelican Bay, Pelican Marsh, The Vineyards, Stonebridge Golf and Country Club, Grey Oaks, Windstar on Naples Bay, Tiburon, Mediterra, or Twin Eagles feel free to contact me.
FORECLOSURES
The number of homes in some stage of the foreclosure process rose again in the first quarter, according to RealtyTrac. And while Florida had a number of cities near the top of the list, California and Nevada landed the top spots. Stockton, Calif., ranked Number 1, with one out of every 30 homeowners in [...]
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COUNTRYWIDE
Consumer advocates claim Countrywide has not been responsive enough to homeowners struggling to make mortgage payments, and that Bank of America needs to do more when it takes over the troubled lender. The Fed is currently investigating the allegation, as it must do under the law, to make sure consumers wouldn’t be harmed by [...]
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REAL ESTATE TAX AMENDMENT
Florida’s Taxation and Budget Reform Commission voted yesterday in favor of a constitutional amendment to decrease property taxes in exchange for higher sales taxes, providing it’s approved by 60 percent of voters in November.
FORECLOSURES
The Bush administration "strongly opposes" Democrats’ housing rescue package, an official announced yesterday, calling it a bailout [...]
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Real estate broker for Naples, Bonita Springs, and Estero. Three consecutive years voted FIVE STAR: Best in Client Satisfaction Real Estate Agent by Gulfshore Magazine (2008, 2007, & 2006)
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