A private buyer has paid $3.2 million in cash for 72 Naples condominium units that had once been apartments, which some real estate agents believe is a bottoming out of prices in a slow market.
The 72 units in The Reserve at Naples, a 300-unit development near Pine Ridge Road and Interstate 75, went for about [...]
Leaves may be falling, but home resales are rising.
In what has traditionally been a slow time for sales, local Realtors say they are writing more contracts and showings are up.
“We are seeing year-round residents purchasing, perhaps those who have not been able to purchase a home before, and we are also seeing seasonal buyers starting [...]
Experts navigating through Collier County’s foreclosure crisis painted a picture Wednesday of a long road ahead with a few signs of relief.
“We’re looking at record foreclosures,” said Jeffrey Ahren, one of the founders of Collier County Foreclosure Task Force. “I don’t know that the number is going to decrease any time soon. We’re maybe not [...]
Wiggins Bay / Bermuda Cove
$238,000 3 bedroom 2 full baths
Beautiful turnkey furnished, 3 bedroom 2 bath condo only 5 minutes to the beach. Beautiful tropical colors, wood floor in great room, new carpet in bedrooms. Kitchen has 2 pantrys, tile floor on screened lanai with extra storage. Club membership to Tarpon Cove Yacht & Racquet [...]
Naples News By Laura Laydan
Rich Schmidt acted Friday like he’d hit a hole-in-one. The chairman of the Mediterra Advisory Board announced that a deal finally had been struck for members to buy their golf club from the financially strapped Bonita Bay Group. “It’s a good day,” he said. The agreement comes after months of negotiations [...]
A cheese shop once called the building home.
So did a movie theater, a library and some even say it’s the original home of Naples City Hall.
Now the historic building, 1148 Third St. S., sits empty, filled with dust, dirt and memories of years gone by.
That could change soon, as contractors begin work on renovating the [...]
By LAURA LAYDEN Naples News
NAPLES — Local Realtors are questioning a national report that predicts home prices will drop nearly 27 percent in the Naples-Marco Island market by June.
A forecast by Fiserv, a financial information firm, shows home values dropping in 342 out of 381 markets around the country, according to a story posted on CNNMoney.com.
The story [...]
It just keeps getting better.
The Naples Area Board of Realtors released its third-quarter statistics today, and the figures suggest the local real estate market continues to rebound. For the months of July, August and September, overall closed sales numbered 1,821 units, an increase of 55 percent over the third quarter of 2008.
Overall pending sales numbered [...]
By LAURA LAYDEN Naples News
BCB Homes Inc. is suing Bonita Bay Group, saying it has been hurt by the developer’s failure to properly market and operate Mediterra.
The lawsuit, filed in Collier County Circuit Court last week, seeks damages and BCB wants out of contracts it signed to become a preferred builder in Mediterra, a master-planned golf [...]
By ELIZABETH KELLAR Naples News
NAPLES — Some things don’t change. For example, many men don’t like to go shopping. “As far as we can tell, men haven’t shopped for 4,000 years,” joked Robert J. Gibbs, president of Gibbs Planning Group, during a Thursday morning presentation to Fifth Avenue South about 50 business owners.
But some things do [...]
