Listings
New Owner Doesn’t Meet Condo’s Age Restrictions
FORT LAUDERDALE, Fla. – Aug. 28, 2014 – Question: I live in a 55-and-over condominium. A neighboring property recently was sold at a foreclosure auction to a young couple who moved in with their small children. This goes against the rules of our community. Is there anything we can do? – Anonymous Answer: No. When the…
Read MoreFla.’s housing market: More sales, rising prices in June 2014
ORLANDO, Fla. – July 22, 2014 – Florida’s housing market reported more closed sales, higher median prices, increased new listings and a rise in inventory in June, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 23,181 last month, up 14.6 percent over the June 2013 figure.…
Read MoreSecond Quarter Housing Activity Confirms Stable Market
Contacts: Pat Pitocchi, NABOR President & Media Relations Committee Chairman, (239) 261-2214, Marcia Albert, NABOR Director of Marketing, (239) 597-1666 Naples, Fla. (July 18, 2014) – Positive activity within various pockets of Naples area real estate contributes to a stable market overall in the second quarter of 2014 as indicated in a…
Read MoreUCF releases four-year Fla. economic forecast
ORLANDO, Fla. – July 23, 2014 – Between now and 2017, the University of Central Florida projects an annual economic expansion in the state of 3.7 percent and payroll job creation of 2.6 percent. The projection comes form its quarterly report, the July 2014 Florida Forecast. Report highlights As of May 2014, 41.7 percent of…
Read MorePelican Bay Foundation
Pelican Bay was founded upon preservation, conservation, and development. More than 2,330 acres were purchased from Barron Collier of the Collier family in 1972 by Coral Ridge Properties (CRP). CRP, a division of Westinghouse (later known as Westinghouse Community Development Corporation and eventually, WCI Communities Inc.) hired the Environmental Planning and Design Firm (EPD) to carry out…
Read MoreParadise in Demand: 2013 Solid Year for Real Estate
Naples, FL – All signs point to stabilization for the local housing market as evidence in the 2013 Annual Market Report released by the Naples Area Board of REALTORS (NABOR), which tracks home listings and sales within Collier Count (excluding Marco Island). Overall pending and closed sales for homes over $300,000 increased by double digits…
Read MoreMore investors should consider 1031 Exchange
SAN FRANCISCO – Nov. 13, 2013 – Before the property investment deal is sealed, a seller should ask himself one important question: Do I know if I’ll owe taxes on the sale of the property, even if I’m taking a loss on it? That question might be key to avoiding a common misconception: no profit…
Read MoreFla.’s housing market continues upswing in 3Q 2013
ORLANDO, Fla. – Nov. 6, 2013 – Florida’s housing market continued to improve in third quarter 2013 with more closed sales, higher median prices, more pending sales and a stabilizing supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®. “Data from the…
Read MoreFAQs for Biggert-Waters Flood Insurance Reform
TALLAHASSEE, Fla. – Oct. 7, 2013 – Homeowners hit with substantial increases in their flood insurance as a result of recent changes in the federal program should do their homework, experts say, because there may be ways to lower their bills. “A lot of people don’t know the flood map is not set in stone,”…
Read MoreAlex Rodriguez buys Miami Condo
With a 211-game suspension and the possibility, it appears, of his major league career coming to a premature end, Alex Rodriguez has embraced a more frugal lifestyle. The embattled New York Yankees slugger recently purchased a new high-rise condo in South Beach. However, it is not quite what we have come to expect of baseball’s richest player. A-Rod shelled out only…
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