Home Values Jump 25%

Naples Daily News - Home Values Jump 25% │February 20, 2015 NAPLES, Fla. - Naples area home prices soared 25 percent year-over-year in January, beating last January’s eye-popping increase of 20 percent. Overall median closed home prices in the Naples metropolitan statistical area, excluding Marco Island, hit $322,000 in January, up year-over-year from $258,000 in January 2014 and $215,000 in January 2013,... Click to Read More  
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Naples-Marco Island Expected to Lead State in Economic Growth in 2015

Naples Daily News - Naples-Marco Island Expected to Lead State in Economic Growth in 2015 │ January 6, 2015 NAPLES, Fla. - The Naples-Marco Island metro area is expected to lead the state in terms of gross metropolitan product growth in 2015, according to a report released Tuesday by Florida TaxWatch. Naples-Marco Island should see 4.7 percent GMP growth over the next year, according to the report, which cites research by IHS Global Insight. Click to Read More
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Naples Area Home Prices Up 13% in Q3

Naples Daily News - Naples Area Home Prices Up 13% in Q3 │ October 17, 2014 NAPLES, Fla. - Cash buyers, mostly from out-of-town, continue to flood the market and are snapping up the limited supply of homes, the Naples Area Board of Realtors reported Friday. Consequently, its year-over-year statistics showed prices continued to grow in both the third quarter and the month of September, the trade group said in its quarterly news conference at its headquarters on Pine Ridge Road. Click to Read More
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Naples, Austin Head List of Best Cities For Job Growth

Forbes - Naples, Austin Head List of Best Cities For Job Growth │ July 23, 2014 Florida’s economy experienced a tremendous surge during the first half of the 2000s when home prices jumped 120% between 2000 and 2006. The gains fueled more construction and speculative buying, while the unemployment rate for the state stood at a scant 3.3% throughout most of 2006. Click to Read More
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Southwest Florida Has Slim Inventory of Finished Homes

Sarasota Herald Tribune - Southwest Florida Has Slim Inventory of Finished Homes│June 12,2014 By one key indicator, Southwest Florida is the hottest real estate market in the nation, according to real estate data firm Metrostudy. That's because the Naples-Fort Myers and Sarasota-Bradenton markets each have less than a two-week supply of “finished vacant new-home inventory”... Click to Read More
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Top 10 US Beaches

Fox News - Top 10 US Beaches for 2014 │May 22, 2014 Looking for a great beach for summer vacation? Stephen Leatherman, aka Dr. Beach, has announced this year's top 10 picks for the best beaches in the U.S. Leatherman, professor and director of the Laboratory for Coastal Research at Florida International University, is considered a world authority on coastal storm impacts, beach erosion and has been ranking beaches since 1991. Click to Read More
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43% of 2014 Homebuyers Paid Cash

MarketWatch - 43% of 2014 Homebuyers Paid Cash│May 11, 2014 Americans are still buying homes in all-cash deals, despite more investors leaving the market, according to a new report. All-cash purchases accounted for almost 43% of all sales of residential property in the first quarter of 2014, up from almost 38% in the previous quarter and 19% in the first quarter of 2013, according to data released Thursday from real-estate data firm RealtyTrac. Click to Read More
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Bonita Bay Property Values

By Jeff Jaarda, for BayWatch News This article appeared in the December, 2013 issue of BayWatch News A new season upon us, things are once again exciting and promising with real estate here in Bonita Bay.  As is always the case we real estate brokers are eyeing economic  trends and keeping tabs of the sales activity in Bonita Bay and competing communities in town and beyond. By many counts Florida as a whole has seen upticks in Closed Sales, Pending Sales and ultimately Median Sales Prices in various sectors and price points in recent quarters.  Our Southwest Florida market certainly re...
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Naples Office Sets Record Sale

Business Observer - Naples Office Sets Record Sale. │ September 28, 2012 NAPLES — Minneapolis asset management firm Olympus Ventures LLC has purchased the Fifth Third Center office building for $49.9 million. The price equated to $310 per square foot. According to property records, the seller was Naples-based FTC Naples LLC. Officers of FTC Naples’ parent, FTC Naples Manager Inc., include Richard Crawford of Naples; John Erb of Bloomfield, Mich.; Ira Jaffe of Southfield, Mich.; and Carl Craft of Birmingham, Mich. The sale is the largest individual commercial sale in Collier County in ...
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