The Naples housing market is mirroring the weakening trend seen throughout the country.
Both year-over-year and month-over-month numbers are down in terms of number of homes sold. And while the median home price in July 2010 — $201,000 — is up nearly $30,000 from July 2009, the median sales price dropped $10,000 from a month ago.
The [...]

Just a couple of miles from a bustling Fifth Avenue South in Naples, tucked in the mangroves off the Gordon River, 50 boat docks sit empty along acres of waterfront property.
The late John Pulling, a prominent Collier County land investor and namesake of Airport-Pulling Road, built the docks and slips just across the water from [...]

If you haven’t been to Fifth Avenue South lately, then you haven’t been to Fifth Avenue. That’s the prevailing opinion of many city leaders, as well as merchants, restaurateurs and shoppers, when they describe the changes taking place on downtown Naples’ main street as they bring the world famous avenue back to its authentic and [...]

America’s money is moving to Collier County.
According to a story on Forbes.com, the county tops the list of where the rich are moving to in big numbers.
The No. 1 ranking is based on an analysis of tax returns filed in 2008, the latest year for which IRS data is available.
It doesn’t come as that much [...]

Bonita Bay Group is under contract to sell its TwinEagles community to The Ronto Group Inc., a Naples-based developer.
Brian Lucas, vice chairman of Bonita Bay, confirmed the transaction, Bonita Bay spokeswoman Tina Matte said Monday.
TwinEagles, a golf course community on 1,115 acres in Collier County, is one of six communities Bonita Bay developed in Southwest [...]

Old Naples real estate is seeing a resurgence, especially the waterfront.
“It’s an amazing market right now,” Naples hotelier and developer Phil McCabe said. “It really is very encouraging. I think it defies the recession that you hear about out there.”
McCabe built three single-family estates in Old Naples on the west side of Gulf Shore Boulevard [...]

Back in March, Naples Realtor Bill Earls quietly sold a six-bedroom, two-story mansion in Port Royal for $22 million.
Million-dollar homes continue to move in the posh neighborhood that sits between the Gulf of Mexico and Naples Bay. Sales have picked up during the past six months.
“There have been a lot of big sales lately,” said Earls, [...]

Collier County had 387 new foreclosure filings in April.
That was down from 478 in March and 757 a year ago, according to the Collier County Clerk’s Office.
So far this year there have been 1,933 filings. The busiest month of this year was in February, when there were 601.
Last year, there were 8,203 filings – setting [...]

A piling machine spits smoke as it pounds concrete blocks into dirt south of the Edgewater Beach Hotel.
Twelve multimillion-dollar homes are going up – all at the same time – on the east side of Gulf Shore Boulevard in Naples. It’s a rather unusual sight these days.
“Everybody is curious to see something going up in [...]

The Florida Attorney General’s Office has beefed up its lawsuit against Bonita Bay Group, adding new allegations of fraud.
The revised complaint is based on depositions of David Lucas, chairman of the Bonita Bay Group, and a chief restructuring officer, who recently left the company after helping to turn its finances around.
“We have previously addressed similar [...]