|
|||||
|
A bit of positive real estate news for Naples and Collier County. In August, real estate sales volumes of were up for the 7th consecutive month. August saw 373 closings up from 293 in August of 2007. Median selling prices have declined dramatically during this period, from $375,000 to $238,000. Reports like this [...] Topping the housing starts in Southwest Florida The top ten communities for housing starts in the Naples-Fort Myers market are: Gateway, 730; Village Walk of Bonita Springs, 562; Bella Terra, 375; Verona Walk, 359; Sandoval, 328; Olympia Pointe, 312; Verandah, 308; Coral Lakes, 245; Tuscany Cove, 223; and Palmira, 191. Planners anticipate build-out by 2016 A surprising announcement from Collier County officials suggesting that Golden Gate Estates will reach full build-out by 2016. Golden Gate Estates has approximately 100,000 lots and about 50 percent now have homes built on them. Southwest Florida is home to several massive plated communities including Golden Gate Estates, Cape Coral, Lehigh [...] Naples tops pricey listThe debate over whether a real estate price correction is around the corner is continuing with no definitive answers, but a new study says Naples is the most overvalued market in the country. The third-quarter study, which examined 299 metropolitan areas in the country, puts the Naples market at No. 1, with homes [...] New construction plagued by shortages Home construction dropped sharply in November in Collier County, thanks in part to material shortages made worse by Hurricane Wilma and a maturing market that continues to see a slowing of growth here. The number of single-family houses and condominiums permitted in November in Collier fell to levels nearly half what they [...] 266 golf community lots to be auctioned An auction of Quail West estate home lots in Naples this weekend will be a good litnus test for the strength of the local luxury home market. This is a unique approach by Orlando based Ginn Company to market a high-end community. Lot prices range from the $600,000s to $1.3 [...] Naples & Cape Coral climbing overvaluation index Naples topped the Global Insight/National City home overvaluation index for Q2 05 with a 79.4% overvalued rating, up from 3rd place and a 61.9% rating in Q1 05. Cape Coral ranked 34th nationally in Q2 05 with a 44.1% overvalued rating up from 42nd place and a 34.6% rating in [...] Median Collier home price hits $500,000 Collier County median home prices hit $500,800 in August and continue to be the highest in Florida. This figure was up from $397,300 in August 2004 and up from $490,400 in July 2005. My hunch is that these figures will continue to rise as long as prices continue to rise in [...] Evaluating new laws to limit rental occupants The City of Naples is exploring ways of regulating the number of occupants in a rental property. With an eye towards the restrictions in place in the university community of Gainesville, Naples is exploring various restrictions. Multiple restriction alternatives under investigation include confining cars to paved or gravel driveways, setting [...] Median Collier County single-family home is $468,000 Move over West Palm County, Collier has taken the throne as the top priced county for single-family homes in the state of Florida during the first quarter of 2005. The Naples area with it’s fine beaches, shopping and dining has long been a favorite place for affluent retirees. The entire [...] Florida most popular state for second homes Naples, FL ranked first in the nation in a second home indexing compiled by the website EscapeHomes.com. This site tracks user searches for second homes on it’s site. Seven of the top ten locations were for second homes were in coastal communities including the Florida communities of: Destin; Orlando; [...] |
 |
||||
|
Copyright © 2010 Gulf Returns - All Rights Reserved |
|||||
