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 [...]
By LAURA LAYDEN Naples News
NAPLES — It was a bang up month for single-family home resales in Lee County in July.
Sales once again rose by more than 100 percent last month.
There were 1,570 sales, up from 768 in the same month a year ago, according to a report by the Florida Association of Realtors.
“This is not [...]
Naples News
There was a good condominium bill coming out of the 2009 legislative session that would have cleaned up some ambiguous insurance language contained in Chapter 718, Florida Statutes (the Condominium Act).
The bill (Senate Bill 714) passed 38 to 0 in the Florida Senate and 114 to 2 in the Florida House but was vetoed [...]
BY DICK HOGAN • Naples News • AUGUST 25, 2009
An advisory committee at Mediterra has reached a tentative agreement with Bonita Bay Group for residents to buy the community’s golf and beach clubs for $6.8 million cash or $8 million financed. In addition, the deal would require the residents to assume $15 million in debt [...]
By I.M. STACKEL Naples News
With an economy that is moving the right direction, there are going to be some celebratory brunches.
Naples Area Board of Realtors released its numbers Friday, and the statistics have many smiling: overall home sales increased by 67 percent in July, compared with the same period one year ago.
Comparing July 2009 to the [...]
By KAYDEE TUFF, JEFF WEINER Naples News
In the always-fiery tax debate, who’d have thought local fire and rescue districts would be the latest to fan the flames?
On Wednesday night, with a 2-1 vote, Golden Gate fire commissioners gave the nod to a resolution to support Collier County’s effort to establish a discretionary sales surtax. North Naples fire [...]
The market Continued to gain momentum in the second quarter, posting a 27% increase in closed units over second quarter 2008.
CLOSINGS & INVENTORY
Closed sales reached their highest quarterly level since 2005, with a 48% increase over first quarter 2009, and a 27% increase over second quarter 2008. The increase over first quarter is the highest [...]
