Introducing Residences at Mercato

Experience luxury living redefined at Residences at Mercato, a gated enclave of coastal contemporary-style homes and villas accentuated by custom outdoor living areas designed to emphasize year-round outdoor leisure.Priced from $1.2 million, this exclusive neighborhood offers urban living at its finest in a walkable atmosphere among the very best shopping, dining and entertainment Southwest Florida…

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No Summer Vacation for Realtors

Naples, Fla. (August 22, 2014) – “Stable” continues to be the adjective real estate experts use to describe the Naples area housing market after analyzing a recent report tracking July activity released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Overall pending and closed sales for…

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Fed agency eases rules for inherited homes

WASHINGTON – July 17, 2014 – The Consumer Financial Protection Bureau (CFPB) recently has clarified a rule that could have jeopardized heirs of mortgaged homes. An interpretive rule issued July 8 says that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering the CFPB’s Ability-to-Repay…

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Fla.’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.…

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Second 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…

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UCF 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…

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May Real Estate Market Stays a Steady Course

   Naples, Fla. (June 20, 2014) – The housing market momentum continues to remain strong heading into summer.  NABOR® leaders cite four key indicators: 1) Pending sales are up; 2) Closed sales are up; 3) Median closed prices are up; and 4) Days on the market have decreased. Activity for the 12-months ending May 31st reflects consumer…

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Robust Market Continues Into Summer

Contacts: Pat Pitocchi, NABOR President & Media Relations Committee Chairman, (239) 261-2214,         Marcia Albert, NABOR Director of Marketing, (239) 597-1666 Naples, Fla. (May 23, 2014) – The Naples area real estate market continues to show signs of growth as summer approaches with noteworthy performance in April as reflected in a report released…

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Survey: More owners think it’s a good time to sell

WASHINGTON – May 8, 2014 – Americans’ outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae’s April 2014 National Housing Survey. The share of respondents who believe it’s a good time to sell a…

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Fla.’s housing market shows strength in 1Q 2014

ORLANDO, Fla. – May 12, 2014 – Florida’s housing market reported higher median prices, more new listings, fewer days on the market and a slight uptick in inventory during the first quarter of 2014, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 50,251 in 1Q 2014,…

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