Naples Real Estate Info
Premier Properties Joins the Sotheby’s International Realty® Brand
PRESS RELEASE November 12, 2010 NAPLES, Fla., (Nov. 12, 2010) – Scott F. Lutgert, Chairman of The Lutgert Companies and founder of Premier Properties of Southwest Florida, Inc., announced today that Premier Properties has affiliated with the Sotheby’s International Realty® brand and now will operate as Premier Sotheby’s International Realty. “This is a long term…
Read MoreMortgage rates fall to new lows this week
11/12/10 Rates on fixed mortgages again fell to their lowest levels in decades this week, Freddie Mac said Thursday, after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth. The average rate on 15-year fixed loans, a popular choice for refinancing, fell to 3.57 percent from 3.63 percent, Freddie Mac said.…
Read MoreFlorida’s existing condo sales up 3rd quarter
11/10/2010 The sales for existing condominiums in Florida rose 15 percent in the third quarter for 2010 compared to the previous year. A total of 16,938 existing condos sold statewide this year for the 3rd quarter. Last year’s total for the 3rd quarter was 14,793 units sold. Timothy Becker, director of The University of Florida’s…
Read MoreExisting condo sales increase for September
Sales of existing condominiums in Florida rose 10 percent in September, with a total of 5,675 condos sold statewide compared to 5,140 units sold in September 2009, according to the latest housing data released by Florida Realtors. The national median sales price for existing single-family homes in August was $179,300, up 1.2 percent from a…
Read MoreMortgage Rates hit low of 4.19%
Oct. 15, 2010: Rates on 30-year mortgages fell this week to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields. As a result, the average rate for 30-year fixed loans dropped to the lowest level on records dating back to 1971, mortgage buyer Freddie Mac said Thursday. It’s…
Read MoreStrong Beach Sales for Summer
The Naples beach area leads the way to market recovery with strong summer sales according to the recent report from the Naples Area Board of Realtors. Overall pending sales in the Naples beach area increased 13 percent with 112 contracts in July this year, compared to 99 contracts in July 2009. The Median Closed price…
Read MoreNaples – The Boater’s Destination
If you lined up all of the boats in Collier County in 2009 along I-75, it would stretch from Naples to Port Charlotte. That is over 70 miles. For class 1 vessels 16 feet and larger, the number registered in Collier County is 15,235. That is more than three-fourths the amount of those in the…
Read MorePending home sales up again
Pending home sales have increased for the second consecutive month, according to the National Association of Realtors® (NAR). The Pending Home Sales Index (PHSI), a forward-looking indicator, rose 4.3 percent to 82.3 based on contracts signed in August. Lawrence Yun, NAR chief economist, says the latest data is consistent with a gradual improvement in home…
Read MoreFlorida’s existing sales up in August
Sales of existing homes in Florida rose 1 percent in August, with a total of 13,997 homes sold statewide compared to 13,908 homes sold in August 2009. Statewide existing home sales in August increased 3 percent over statewide sales activity in July. In Florida’s year-to-year comparison for condos, 5,706 units sold statewide last month compared…
Read MorePark Shore Restroom Facilities Approved
A new restrooms facility has been approved for the Park Shore Beach Park. This addition will add convenience and further luxury to the already outstanding Park Shore Beach Park. The permits are already in place, and construction will begin the week of September 20, 2010. The project is expected to be completed in 4-5 months,…
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