Naples Real Estate Info Archives - Larry Roorda Realtor

Inventory Hits 3 Year Low

Both home and condo inventory in the Naples area continue to steadily decline. The inventory is now at a 3-year low within Collier County (excluding Marco Island). The inventory decreased 9 percent in the second quarter of 2010 to 8,845 properties compared to 9,681 properties in the second quarter in 2009. Inventory within the Naples…

New changes to condo laws in Florida

A 103-page condominium bill was passed on July 1st that created new incentives to a variety of buyers purchasing condominiums in Florida. Bulk buyers of condominium units can purchase condos without incurring the financial and legal responsibilities The new law no longer requires owners to purchase individual unit owner insurance, and eliminated the requirement for condominium…

Home prices rise 0.8% in April from March

NEW YORK (AP) – June 29, 2010 – Home prices in April rose for the first time in seven months as government tax incentives helped to bolster the housing market. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday posted a 0.8 percent gain. It had fallen in each of the past six months.…

Mortgage rates at lowest point in 29 years

Mortgage rates fell last week to the lowest level on records dating back to 1971. These low rates give consumers and added incentive to lock in low payments for refinance loans and home purchases. The average rate for 30-year fixed loans sank to 4.69 percent, and 15-year fixed-rate mortgages fell to an average of 4.13…

Collier County #1 for wealthy movers

Forbes recently rated Collier County as number 1 in the US for where the rich are moving. In 2008 over 15,000 people moved into Collier County with an average income per person around $76,000. The average income of those who moved out of the county was $26,128 per person. The majority of people who moved…

Ritz Carlton rated #1 Golf resort in Florida

The readers of Conde Nast Traveler magazine have rated the Ritz Carlton Golf Resort Naples as the best overall golf resort in Florida. The ratings were based on overall golf experience, resort, staff, amenities customer service, and the restaurant. The Tiburon golf courses offer 36 holes of golf and are designed by Greg Norman.

Condo Highlights: Aria

The Aria was built in 2005 to the exact specifications of The Lutgert Company by an award winning architectural firm. The 18 Story development includes fifty two residences with sizes from 3,173 to 4,777 square feet under air and thirteen luxurious penthouse residences from 4,011 to 5,088 square feet under air. The units in the…

Condo Highlights: The Tuscan

This condo is tucked away in beautiful Olde Naples on 3rd st. just 4 blocks from the downtown Naples action on 5th Avenue and only 3 blocks to beautiful Naples Beach. The Tuscan development boasts great privacy and exclusivity.Currently there are only 5 units in the building and since its building date in 2001 only…

Condo Highlights: Leeward Cove

Leeward Cove is a fantastic condominium located on Harbour Drive in the Moorings onlooking Moorings Bay as seen here. This development was established in 1972 with 24 units. The units in Leeward Cove range from 840 to 1230 square feet of air conditioned living space. If you enjoy a fun waterfront environment, Leeward Cove is…

Co-op Highlights: Mansion House

Mansion House is a true beachfront gem. Built in 1963 by Hoffman developers, Mansion house sits on 6 acres of beach front property adjacent to the Lowdermilk Park in the Moorings and defines exclusivity. Many of the current residents in Mansion House have owned for a long period of time, and typically do not publicly…