Archive for the ‘Naples, Bonita Springs News’ Category

Monthly home sales up 51 percent from a year ago

Courtesy of Naples News
Home resales in the Naples area got off to a strong start this year.  In January, sales increased 51 percent, when compared to the same month in 2009.  There were 532 sales last month, up from 353 a year ago, according to a monthly report by the Naples Area Board of Realtors.
“It’s [...]

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Bonita Bay offers 30 percent refund of deposits to former Mediterra club members

Naples News, Dave Osborne
Thousands of dollars may be too tempting for some Mediterra residents to pass up.
Bonita Bay Group this week offered residents who chose not to join The Club at Mediterra a cash payment of 30 percent of the amount of their membership deposits. Bonita Bay Group, which is fighting to avoid bankruptcy and [...]

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Coming back: Naples home sales grew steadily in 2009, NABOR reports

There was one word Naples-area real estate experts especially favored on Friday to describe recent market conditions: momentum.
The Naples Area Board of Realtors released its 2009 summary, as well as its 2009 fourth quarter summary. The figures showed a steady increase in pending and closed sales over the previous year, as well as a decrease [...]

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4th quarter Naples Area Statistics Report

View 4th quarter 2009  real estate statistics.  Rising Sales & Declining Inventory.
Click here to view report
Courtesy of Naplesarea.com

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Golf deals: Survey finds Naples area clubs slashing membership fees to attract business

The retirement dream of many — joining a country club — is becoming more attainable and affordable.
With the economy wreaking havoc, golf clubs are hacking fees like a 30-handicaper in a sand trap. The Daily News surveyed more than 30 golf clubs in Southwest Florida — from communities with mandatory memberships to public facilities — [...]

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Higher-priced Naples property sales booming, NABOR reports

The buying goes on.  Home resales rose again in November in the Naples market.  There were a total of 511 sales, up from 307 in the same month a year ago, according to a monthly report by the Naples Area Board of Realtors.
The report tracks sales made through the SunshineMLS, or multiple listing service, in [...]

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New home starts are up, but demand is down in Naples-Fort Myers

New home construction is picking up in Southwest Florida while demand is down.
A report by Metrostudy, a national housing research firm, shows the pace of move-ins has slowed, while the inventory of homes is growing.
Finished vacant inventory rose from 703 units in the second quarter to 728 in the third quarter of this year in [...]

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House smells due to Chinese drywall? Not a problem, say some investors

Naples News By Tara McLaughlin
Investors have discovered a new market in the latest blow to homeowners and the building industry — houses built with Chinese drywall.
About 30 homes disclosed to contain the noxious drywall sold in Lee County this year.
Experts say the trend is likely to continue as sales close for about half their [...]

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Foreclosures Grow in Housing Market’s Top Tiers

Wall Street Journal By Nick Timiraos
New data suggest that foreclosures are rising in more expensive housing markets.
About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com. The bottom one-third [...]

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Bonita Bay Group chairman suspends golf club purchase negotiations

Naples News By LAURA LAYDEN
BONITA SPRINGS — It’s no deal for now for members of the Bonita Bay Club.
David Lucas, chairman of the Bonita Bay Group, has called off talks with a Turnover Committee that has been handling the negotiations for members trying to buy their golf club from the developer.

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