Naples Real Estate News and Market Condition Reports Naples real estate market news, analysis, and commentary on the Naples, Bonita Springs, and Estero Florida areas. People considering moving to or purchasing a second home, vacation property or investing in real estate in Naples, Bonita Springs or Estero can find frequently updated useful information. Last Update: Monday October 20, 2008 06:31:42 AM

Estero Homes for Sale Inventory
Category: Estero Florida Real Estate, Estero Homes, Estero Market Update, Real Estate News, estero, estero real estate, constant, moving, inventory, trend, line, months, Business: Real Estate
The actual number of Estero homes for sale increased from August to September, with homes for sale increasing by 19 homes. The total available homes was 456 in August versus 476 at the end of September. However, due to the level of closed sales the months of inventory for Estero homes for sale has remained [...]Click here to learn about Naples real estate.
Added to Feed: Monday October 20, 2008 08:00:50 AM

Bonita Springs Condos for Sale Inventory
Category: Bonita Springs Condos, Bonita Springs Florida Real Estate, Bonita Springs Market Update, Real Estate News, Bonita Springs Real Estate, Condos, inventory, months, upward, reflects, moving, slight, september, trend, Business: Real Estate
Before making a decision to selling or buy a condo in Bonita Springs it is important to know and understand the months of inventory available for sale within Bonita Springs. As a seller you want to know how many condos are competing with you for the prospective buyers looking at homes, as well as how [...]Click here to learn about Naples FL real estate.
Added to Feed: Monday October 20, 2008 06:59:26 AM

Bonita Springs Homes for Sale Inventory
Category: Bonita Springs Florida Real Estate, Bonita Springs Homes, Bonita Springs Market Update, Real Estate News, bonita springs, inventory, months, moving, september, Business: Real Estate
Before making a decision to selling or buy a home in Bonita Springs it is important to know and understand the months of inventory available for sale within Bonita Springs. As a seller you want to know how many properties are competing with you for the prospective buyers looking at homes, as well as how [...]Click here to learn about Estero real estate.
Added to Feed: Monday October 20, 2008 06:08:57 AM

Naples Condo Inventory
Category: Naples Condos, Naples Florida Real Estate, Naples Market Update, Real Estate News, condominiums, Condos, Florida, naples, naples real estate, moving, trend, declining, graph, months, inventory, stable
The number of Naples condominiums available for sale at the beginning of October was 4716. The absolute number of listings increased by 41 condos over the 4675 listings at the beginning of September. Therefore, the months of inventory remained stable at 29 months. Viewing the months of inventory for the 12 month moving average trend [...]Click here to learn about Naples Florida real estate.
Added to Feed: Monday October 20, 2008 06:31:42 AM

Naples Homes Inventory
Category: Business: Real Estate, naples real estate, Naples Homes
The actual number of Naples homes for sale remained level from September to October, with fewer homes for sale by 3. The total available homes was 5247 in September versus 5244 in October. However, due to the level of closed sales the months of inventory for Naples homes for sale has decreased one month from [...]Click here to learn about Naples FL real estate.
Added to Feed: Thursday October 16, 2008 01:00:20 PM

Fed Rate Drops .5 Percent
Category: Business: Real Estate, Naples Florida, Bonita Springs Florida, Estero Florida
In a surprise move, the Fed slashes rates by 50 basis points today. How will this effect interest rates on mortgages? Federal Reserve cuts in the federal funds rate have an unpredictable impact on long-term mortgage rates. So it’s impossible to know for sure when — or even if — rates will fall as a result of [...]Click here to learn about Pelican Bay in Naples Florida.
Added to Feed: Thursday October 16, 2008 01:00:40 PM

Bonita Springs Condo Market Update
Category: Bonita Springs Condos, Bonita Springs Florida Real Estate, Bonita Springs Market Update, Real Estate News, Business: Real Estate
August Activity: Listings: During the month of August 94 Bonita Springs condominiums were listed for sale. For the same month in 2007, 121 condominiums were listed for sale; this represents a decrease of 22.3 percent. The decrease from 2006 was 36.1 percent from the 147 new listings. In July 2008 there were a total of 132 condominiums listed [...]Click here to learn about Estero real estate.
Added to Feed: Monday October 06, 2008 06:48:22 AM

Bonita Springs Market Update Homes
Category: Bonita Springs Florida Real Estate, Bonita Springs Homes, Bonita Springs Market Update, Real Estate News, bonita springs, Bonita Springs Real Estate, bonita springs real estate market update, Florida, Homes, Business: Real Estate
August Activity: Listings: During the month of August 117 Bonita Springs homes were listed for sale. For the same month in 2007, 149 homes were listed for sale; this represents a decrease of 21.5 percent. The increase from 2006 was 10.7 percent from the 131 new listings. In July 2008 there were a total of 110 homes [...]Click here to learn about Naples FL real estate.
Added to Feed: Monday October 06, 2008 06:51:56 AM

Estero Condo Market Update
Category: Business: Real Estate, estero real estate, Estero Homes, Estero Florida
August Activity: Listings: During the month of August 31 Estero condos were listed for sale. For the same month in 2007, 43 condos were listed for sale; this represents a decrease of 27.9 percent. The decrease from 2006 was 50 percent from the 62 new listings. In July 2008 a total 43 condos were listed for sale. In [...]Click here to learn about Pelican Marsh in Naples Florida.
Added to Feed: Thursday October 02, 2008 08:25:00 AM

Estero Home Market Update for August
Category: Estero Florida Real Estate, Estero Homes, Estero Market Update, Real Estate News, estero, estero home market update, estero real estate, estero real estate market update, Florida, Homes, Business: Real Estate
August Activity for Homes in Estero: Listings: During the month of August 73 Estero homes were listed for sale. For the same month in 2007, 59 homes were listed for sale; this represents an increase of 23.7 percent. The increase from 2006 was 17.7 percent from the 62 new listings. In July 2008 there were a total [...]Click here to learn about Naples Florida real estate.
Added to Feed: Thursday September 11, 2008 07:44:50 AM

Naples Condo Market Update
Category: Naples Condos, Naples Florida Real Estate, Naples Market Update, Pelican Bay, Real Estate News, condominiums, Condos, Florida, foreclosures, naples, Naples Florida, Short Sales, Business: Real Estate
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 [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Thursday September 11, 2008 05:24:55 AM

Naples Home Market Update
Category: Homes for Sale in Naples FL, Naples Florida Real Estate, Naples Homes, Naples Market Update, Real Estate News, Florida Real Estate, Homes, naples, naples real estate, Business: Real Estate
Prior to presenting the analysis for August we need to reflect on the events which took place last August 15 - the sub-prime and liberal loan programs came to a screaming halt along with liquidity issues for lenders lasting for a couple of months. The result was a further weakening of already weak real estate [...]Click here to learn about Pelican Marsh in Naples Florida.
Added to Feed: Thursday September 11, 2008 05:24:55 AM

Hurricane Ike Update
Category: naples, hurricane ike, Florida keys, Florida, estero, bonita springs, Real Estate News, Estero Florida Real Estate, Ave Marie Real Estate, Business: Real Estate, Naples Florida Real Estate, Bonita Springs Florida Real Estate
Hurricane Ike’s cone is still showing it is tracking to south and west. For the Naples, Bonita Springs and Estero areas of Florida it means the center of the storm may pass within about 200 miles of the coastline which disminishes the chances of the area feeling the full brunt of Ike. The track towards the [...]Click here to learn about Naples FL real estate.
Added to Feed: Thursday September 11, 2008 05:33:03 AM

Hurricane Ike
Category: Business: Real Estate, naples, Florida, bonita springs, Real Estate News, Bonita Springs Florida Real Estate, Ave Marie Real Estate, estero, Naples Florida Real Estate, Estero Florida Real Estate
Hurricane Ike’s projected path as of this morning shows the cone just south the Naples area. This is better positioning than yesterday mornings projected path and cone. The Naples area may not be affected by Hurricane Ike. With this cone it does appear that Bonita Springs or Estero areas will have any affects from the [...]Click here to learn about Pelican Marsh in Naples Florida.
Added to Feed: Monday September 08, 2008 04:29:27 AM

Going Green Can Save You Money
Category: Bonita Springs Homes, Estero Homes, Naples Homes, electricity, Green, clean, Electrical, Environment
Today many people are looking to conserve energy and “green” their homes. Did you know that Florida homes, air conditioning accounts for 40-50% or more of your electric bill? The top 9 items you can do to lower your monthly electrical bill as related to your air conditioning system’s electrical consumption. 1 - Keep your thermostat at 78 [...]Click here to learn about Naples FL real estate.
Added to Feed: Sunday August 31, 2008 07:08:05 AM

Estero Condominium Market Update
Category: Estero Condos, Estero Florida Real Estate, Estero Market Update, Real Estate News, Condos, estero, estero real estate market update, Business: Real Estate
June Activity: Listings: During the month of June 60 Estero condos were listed for sale. For the same month in 2007, 53 condos were listed for sale; this represents an increase of 5.7 percent. The decrease from 2006 was 17.8 percent from the 73 new listings. In May 2008 a total 40 condos were listed for sale. [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Thursday August 14, 2008 12:17:41 PM

Estero Home Market Update
Category: Estero Florida Real Estate, Estero Homes, Estero Market Update, Real Estate News, estero, Homes, Business: Real Estate
June Activity: Listings: During the month of June 69 Estero homes were listed for sale. For the same month in 2007, 86 homes were listed for sale; this represents a decrease of 19.8 percent. The decrease from 2006 was 22.5 percent from the 89 new listings. In May 2008 there were a total of 48 homes listed [...]Click here to learn about Estero real estate.
Added to Feed: Thursday July 31, 2008 02:30:49 PM

Bonita Springs Condominium Market Update
Category: Bonita Springs Condos, Bonita Springs Florida Real Estate, Bonita Springs Market Update, Real Estate News, condominiums, Condos, Business: Real Estate
June Activity: Listings: During the month of June 115 Bonita Springs condos were listed for sale. For the same month in 2007, 145 condos were listed for sale; this represents a decrease of 20.7 percent. The decrease from 2006 was 32.8 percent from the 171 new listings. In May 2008 there were a total of 128 condos [...]Click here to learn about Pelican Bay in Naples Florida.
Added to Feed: Wednesday July 30, 2008 02:01:18 PM

Bonita Springs Home Market Update
Category: Business: Real Estate, Bonita Springs Homes, Bonita Springs Florida, bonita springs
June Activity: Listings: During the month of June 123 Bonita Springs homes were listed for sale. For the same month in 2007, 170 homes were listed for sale; this represents a decrease of 27.7 percent. The decrease from 2006 was 24.5 percent from the 165 new listings. In May 2008 there were a total of 135 homes [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Wednesday July 30, 2008 02:00:57 PM

Naples Condo Market Update
Category: Naples Condos, Naples Florida Real Estate, Naples Market Update, Real Estate News, Business: Real Estate
June Activity: Listings: During the month of June 490 Naples condos were listed for sale. For the same month in 2007, 654 condos were listed for sale; this represents a decrease of 25.1 percent. The decrease from 2006 was 38.4 percent from the 795 new listings. In May 2008 there were a total of 556 condos listed [...]Click here to learn about Estero real estate.
Added to Feed: Wednesday July 30, 2008 02:00:33 PM

Naples Home Market Update
Category: Business: Real Estate, Naples Florida, bonita springs, estero
June Analysis: Listings: During the month of June 696 Naples homes were listed for sale. For the same month in 2007, 779 homes were listed for sale; this represents a decrease of 10.6 percent. The decrease from 2006 was 15.7 percent from the 826 new listings. In May 2008 there were a total of 771 homes listed [...]Click here to learn about Naples Florida real estate.
Added to Feed: Wednesday July 30, 2008 02:00:10 PM

Naples Condos Absorption Rate
Category: Naples Condos, Naples Florida Real Estate, Naples Market Update, Condos, Business: Real Estate
The number of months of inventory for Naples condominiums for sale has been significantly reduced since February 2008. Using the four time frames of 12, 9, 6 and 3 month moving averages. The 12 month moving average in February was calculated to be 37 months of Naples condos for sale. As of the end of [...]Click here to learn about Pelican Marsh in Naples Florida.
Added to Feed: Sunday July 27, 2008 02:51:31 PM

Naples Real Estate News 07/18/08
Category: Ave Marie Real Estate, Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, Real Estate Tips, bonita springs, countrywide, federal reserve, freddie mac, Home Buying, Mortgage Rates, Treasury Department, Business: Real Estate
MORTGAGE RATES As investors’ fears that the Federal Reserve would soon tighten credit policy to stall inflation lessened, mortgage rates fell this week: 30-year mortgage rates averaged 6.26 percent, the lowest level in six weeks, according to Freddie Mac. COUNTRYWIDE A handful of states are suing Countrywide Financial Corp. for misleading borrowers, and Florida initiated its case on [...]Click here to learn about Naples FL real estate.
Added to Feed: Sunday July 27, 2008 02:48:11 PM

Naples Real Estate News 07/17/08
Category: Ave Marie Real Estate, Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, fannie mae, freddie mac, Business: Real Estate
FANNIE AND FREDDIE Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in “no danger of failing.” However, he says that “weakness of market confidence” is hurting the companies. STATE FARM State Farm, Florida’s largest private property insurer, asked the state for an average rate increase of 47.1 percent [...]Click here to learn about Naples real estate.
Added to Feed: Saturday July 19, 2008 06:00:06 AM

Naples Real Estate News 07/16/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, fannie mae, freddie mac, Mortgages, Business: Real Estate
MORTGAGES Local banks in Naples, Bonita Springs, Estero, through-out Florida, and the nation are telling investors that they should relax - “We’re fine.” A general fear of bank failures has made consumers wary of all financial institutions, even though most banks have no liquidity problems and very little risk. HOMEBUYERS There’s a dilemma for the nation’s lawmakers and [...]Click here to learn about Pelican Marsh in Naples Florida.
Added to Feed: Friday July 18, 2008 06:32:49 AM

Naples Real Estate News 07/15/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, fannie mae, freddie mac, Mortgages, Business: Real Estate
MORTGAGE REGULATIONS The Federal Reserve issued new guidelines, effective Oct. 1, to curb shady lending practices. “It seems clear that unfair or deceptive acts and practices by lenders resulted in the extension of many loans, particularly high-cost loans, that were inappropriate for or misled the borrower,” says Fed Chairman Ben Bernanke. HOUSING AID The Fannie Mae/Freddie Mac problem [...]Click here to learn about Naples real estate.
Added to Feed: Thursday July 17, 2008 05:29:17 AM

Naples Real Estate News 07/14/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, fannie mae, fha, foreclosures, freddie mac, Homeowners Insurance, Mortgages, Business: Real Estate
HOMEOWNERS INSURANCE Start shopping around now for the best rates on homeowners insurance for your Naples, Bonita Springs or Estero residence. As the largest insurer of homes, condos and apartments in the state, Citizens Property Insurance has nearly 9,000 agents writing policies. But the insurance agents say that Citizens doesn’t pay them enough, especially in light [...]Click here to learn about Pelican Bay in Naples Florida.
Added to Feed: Friday July 18, 2008 06:08:08 AM

Naples Real Estate News 07/11/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, Credit Scores, Mortgages, Business: Real Estate
NAPLES HOUSING MARKET The Naples home sales statistics don’t tell the whole story. In some areas, neighborhoods have not been hurt much by the housing slowdown, such as those close to business areas or good schools, while other neighborhoods have taken a greater hit. The same is true of the Bonita Springs and Estero areas. MORTGAGE RATES Rates [...]Click here to learn about Naples FL real estate.
Added to Feed: Wednesday July 16, 2008 10:33:22 AM

Naples Real Estate News 07/10/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, Legal, veterans, safe, inspection, Business: Real Estate
DEMOGRAPHICS Florida cities continue to grow, but at a slower pace than in previous years, according to the U.S. Census Bureau. New Orleans netted the top growth spot, but its population is still about half what it was before Hurricane Katrina hit. MY SAFE FLORIDA HOME Reports of the death of the My Safe Florida Home inspection program [...]Click here to learn about Naples FL real estate.
Added to Feed: Wednesday July 16, 2008 10:34:55 AM

Naples Real Estate News 07/09/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Business: Real Estate
SHORT SALES Short sales sound like a dream: The seller escapes foreclosure. The buyer gets a bargain price. The bank holding the home loan eats the difference. But the deals can be incredibly cumbersome to negotiate, and in a recent survey, 94 percent of the real estate agents who have worked with a short sale say [...]Click here to learn about Naples Florida real estate.
Added to Feed: Monday July 14, 2008 11:31:39 AM

Naples Real Estate News 07/08/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, Business: Real Estate
HOUSING AID A mortgage rescue plan to save hundreds of thousands of homeowners from foreclosure drew overwhelming Senate support on Monday, inching toward possible passage by the end of the week despite Republican objections. The bill’s centerpiece is a new $300 billion Federal Housing Administration program to allow struggling homeowners who are currently too financially risky [...]Click here to learn about Pelican Bay in Naples Florida.
Added to Feed: Thursday July 10, 2008 09:34:57 AM

Naples Real Estate News 07/07/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News
PERMANENT GENERATOR PERMITTED? If you installed a “permanent generator” for you home or condo in Naples, Bonita Springs or Estero - was it properly permitted and installed to code? If a home listing includes a “permanent generator,” it may not be installed to code. Building officials estimate tens of thousands of open permit cases exist in [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Wednesday July 09, 2008 06:30:32 AM

Absorption Rate for Naples Homes
Category: Naples Florida, Real Estate News, Bonita Springs Florida, Business: Real Estate
The absorption rate for Naples homes reflects an improving market for the 4 specific time frames - 3 months, 6 months, 9 months and 12 twelve months ending June 30, 2008 for active listings as of July 1, 2008. The 3 month time frame reflects an inventory of 22 months significantly down from the 44 months [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Monday July 07, 2008 02:11:36 PM

Naples Real Estate News 07/03/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, Business: Real Estate
MORTGAGE RATES Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week to 6.35 percent as signals from the Federal Reserve eased worries about imminent interest rate increases. MY SAFE FLORIDA HOME Florida’s Chief Financial Officer announced today that the My Safe Florida Home program will end this weekend, when [...]Click here to learn about Bonita Springs real estate.
Added to Feed: Sunday July 06, 2008 10:55:46 PM

Naples Real Estate News 07/02/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Real Estate News, Naples Florida Real Estate, Business: Real Estate
REAL ESTATE TAXES Every homesteaded property owner in Naples, Bonita Springs, Estero and elsewhere in Florida will pay less property tax this year than they would have paid if Amendment 1 had not passed in January and property values had not declined. However, owners of $420,000 and higher properties who have a lot of their property [...]Click here to learn about Naples FL real estate.
Added to Feed: Sunday July 06, 2008 10:55:46 PM

Naples Real Estate News 07/01/08
Category: Bonita Springs Florida Real Estate, Estero Florida Real Estate, Naples Florida Real Estate, Real Estate News, bank of america, countrywide, Business: Real Estate
COUNTRYWIDE Florida Attorney General Bill McCollum filed a lawsuit against Countrywide Financial Corp. Monday for misleading and unfair trade practices. “It is unthinkable a company would try to take advantage of someone’s dream of homeownership,” says McCollum. Meanwhile, Bank of America’s purchase of Countrywide Financial Corp. is expected to become official today. Listen to the report. WORKFORCE HOUSING Florida [...]Click here to learn about Estero real estate.
Added to Feed: Saturday July 05, 2008 04:42:54 AM