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Naples Rises From Florida Housing Swamp as Wealthy Buyers Return to Market
March 25th, 2011 | | Posted in Beaches, Consumer confidence, Gulf of Mexico, Naples Real Estate, Naples Wealth, Retail Sales | No Comments

Joshua Bahoff bought a three- bedroom luxury condominium in Naples, Florida, in December for $235,000, about one-third of the price that the seller paid near the height of the U.S. housing boom. “It was a great deal,” said Bahoff, 59, a Philadelphia dentist who plans to spend one week a month every winter in the 2,700-square-foot [...]

 
The Contractor Agreement: 7 Steps to an Iron-Clad Contract
March 10th, 2011 | | Posted in Homes Sales, Naples Real Estate, NAR, Retail Sales, Uncategorized | No Comments

By: Barbara Eisner Bayer Published: February 24, 2011 Follow these seven tips to make sure your contractor agreement works in your favor—not your builder’s. Step 1: Hire a lawyer Contractors use their own forms, which are drafted for their benefit, not yours. You’ll benefit from hiring an attorney to review your contractor agreement or draft one that’s [...]

 
Trulia report shows buying cheaper than renting in most major metro areas
January 26th, 2011 | | Posted in Affordability, Home Sales Index, Homes Sales, Mortgage Rate, Retail Sales, Statistic | No Comments

Monday, January 24th, 2011, 11:02 am It is cheaper to buy a two-bedroom home than rent one in 72% of major metropolitan areas around the U.S., according to the Trulia rent vs. buy index released Monday. The real estate data firm said increased demand for rental properties is driving the cost of homeownership down nationwide. “Since the [...]

 
Foreigners flock to Florida real estate bargains
December 17th, 2010 | | Posted in Affordability, Homes Sales, Retail Sales | No Comments

MIAMI – Dec. 16, 2010 – Foreign tourists are snapping up bargain-priced apartments and houses in Florida, taking advantage of such deals as $70,000 to $100,000 apartments in popular South Beach. Most buyers hail from Latin America, Europe and Canada. “The buying opportunities are maybe the best ever. Who knows if we’ll see prices again [...]

 
Home Prices Stabilizing in Key Markets
October 29th, 2010 | | Posted in Homes Sales, Naples Real Estate, Retail Sales | No Comments

ZipRealty says in its third quarter report that homes in key markets all over the country are selling above the asking price. The report shows that the spread between the sales-to-list price ratio lessened significantly in most markets, but high-end housing markets in many areas continued to offer great bargains for buyers. The 10 hottest [...]

 
Numbers and more…
October 15th, 2010 | | Posted in Affordability, Consumer confidence, Employment, Home Sales Index, Homes Sales, Mortgage Rate, Retail Sales, Statistic | No Comments

Housing and economic indicators provide  my readers with tools to interpret the market and apply that knowledge to their business. In addition to NAR’s own existing-home sales series, NAR Research monitors other indicators such asnew-home sales, housing starts, producer prices, mortgage rates and more… Existing-Home Sales (Aug) – 4.13 million units* Source: NATIONAL ASSOCIATION OF REALTORS® Existing-Home Median [...]

 
10 Reasons To Buy a Home
September 16th, 2010 | | Posted in Affordability, Employment, Homes Sales, Mortgage Rate, Naples Real Estate, Retail Sales | No Comments

Enough with the doom and gloom about homeownership. Brett Arends explains why owning a home is a good thing. By BRETT ARENDS/WSJ September 16. 2010 1. You can get a good deal. Especially if you play hardball. This is a buyer’s market. Most of the other buyers have now vanished, as the tax credits on [...]

 
 
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