Marco Island home sales increase 30% over 2008 sales, 60% of all homes pending are foreclosures.
Home sales on Marco Island are strong. Condo sales are weaker this month, but pending sales have increased. The Average price of homes closed stronger and the price of condos halved. Pending sales have been driven by foreclosures. Real estate sales statistics for August 2009.Sales Stats August 2009
Plenty has been happening in the real estate market in Southwest Florida. Right to the statistics... From the MIAAOR - Marco Island and Naples areasRead all of Sales Stats August 2009
In a city the rich and famous call home, there are some housing bargains under $100K
Welcome to Naples, Florida. World renowned for the high-class lifestyle, a winter retreat for celebrities and fortune 500 CEO’s. Naples has some of the most exclusive addresses in the country. You may wonder how on earth you could even vacation here, let along be a year-round resident. Can you live in paradise for far less than the average home sold in the United States? The answer is, yes.Read all of In a city the rich and famous call home, there are some housing bargains under $100K
Sales Stats May 2009
Sales Statistics for May in Naples and Marco IslandRead all of Sales Stats May 2009
Florida: $8,000 Homebuyer Tax Credit Amended To Be Used As Downpayment
Governor Charlie Crist signed the Florida Homebuyers Opportunity Program in to law last week, which allocated $30.1 Million in funds to help stimulate Florida’s housing economy. This change will allow buyers to now use their credit as cash in advance as a downpayment, rather than just a credit at tax time.Read all of Florida: $8,000 Homebuyer Tax Credit Amended To Be Used As Downpayment
First time home buyers find lowest interest rates and housing prices in 8 years.
The rush of new homebuyers is being driven not only by government grants and low interest rates but also by the best housing affordability since 2001Read all of First time home buyers find lowest interest rates and housing prices in 8 years.
Donald Trump says 'This is a great time to buy real estate'
In a recent interview that Donald Trump gave to Larry King live; "This is a great time to buy real estate. And more and more, I'm convinced -- and things that I couldn't have even thought about getting, the prices were so ridiculous, I'm negotiating, I think, very successfully right now."Read all of Donald Trump says 'This is a great time to buy real estate'
Housing: Are the prices right?
“Have a little cash?” said Tim O’Callahan in the Las Vegas Sun. “If you have a secure job, have never owned a home, and plan on sticking around, you should invest in a home.” The economy is bad, and will stay bad for a while, but there are a lot of homes in foreclosure and other housing deals to be found, especially on the starter-home end. There’s a reason that first-time buyers accounted for half of all home sales last month.Read all of Housing: Are the prices right?
Rounding the curve as the real estate cycle continues, keep your compass in hand
Let’s look at a different perspective on all this real estate doom and gloom; I would like to remind you all that everything that goes around comes around. It’s time to start looking at what happened and why. The question posed to every real estate agent in the country is, “Have we hit the bottom yet?” As the great investor Warren Buffet once uttered “In the business world, the rear view mirror is always clearer than the windshield.”Read all of Rounding the curve as the real estate cycle continues, keep your compass in hand
Great news - 118 Single family homes are pending!
First, I want to report to you some exciting news... Currently there are 118 single family homes pending (under-contract). Also, 69 condominiums pending as well. Its a surprise that almost twice as many homes than condos are pending, usually its the other way around. 9 lots are pending.Read all of Great news - 118 Single family homes are pending!