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Bonita Springs Condominium Market Update
Naples Florida Real Estate Homes | July 30th 2008 by Glenn Ginsburg
June Activity: Listings: During the month of June 115 Bonita Springs condos were listed for sale. For the same month in 2007, 145 condos were listed for sale; this represents a decrease of 20.7 percent. The decrease from 2006 was 32.8 percent from th read more
Bonita Springs Home Market Update
Naples Florida Real Estate Homes | July 28th 2008 by Glenn Ginsburg
June Activity: Listings: During the month of June 123 Bonita Springs homes were listed for sale. For the same month in 2007, 170 homes were listed for sale; this represents a decrease of 27.7 percent. The decrease from 2006 was 24.5 percent from the read more
Naples Real Estate News 07/18/08
Naples Florida Real Estate Homes | July 19th 2008 by Glenn Ginsburg
MORTGAGE RATES As investors’ fears that the Federal Reserve would soon tighten credit policy to stall inflation lessened, mortgage rates fell this week: 30-year mortgage rates averaged 6.26 percent, the lowest level in six weeks, according to F read more
Naples Real Estate News 07/17/08
Naples Florida Real Estate Homes | July 18th 2008 by Glenn Ginsburg
FANNIE AND FREDDIE Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in “no danger of failing.” However, he says that “weakness of market confidence” is read more
Naples Real Estate News 07/16/08
Naples Florida Real Estate Homes | July 17th 2008 by Glenn Ginsburg
MORTGAGES Local banks in Naples, Bonita Springs, Estero, through-out Florida, and the nation are telling investors that they should relax - “We’re fine.” A general fear of bank failures has made consumers wary of all financial insti read more
Naples Real Estate News 07/15/08
Naples Florida Real Estate Homes | July 16th 2008 by Glenn Ginsburg
MORTGAGE REGULATIONS The Federal Reserve issued new guidelines, effective Oct. 1, to curb shady lending practices. “It seems clear that unfair or deceptive acts and practices by lenders resulted in the extension of many loans, particularly high read more
Naples Real Estate News 07/14/08
Naples Florida Real Estate Homes | July 15th 2008 by Glenn Ginsburg
HOMEOWNERS INSURANCE Start shopping around now for the best rates on homeowners insurance for your Naples, Bonita Springs or Estero residence. As the largest insurer of homes, condos and apartments in the state, Citizens Property Insurance has nearly read more
Naples Real Estate News 07/11/08
Naples Florida Real Estate Homes | July 12th 2008 by Glenn Ginsburg
NAPLES HOUSING MARKET The Naples home sales statistics don’t tell the whole story. In some areas, neighborhoods have not been hurt much by the housing slowdown, such as those close to business areas or good schools, while other neighborhoods ha read more
Naples Real Estate News 07/10/08
Naples Florida Real Estate Homes | July 11th 2008 by Glenn Ginsburg
DEMOGRAPHICS Florida cities continue to grow, but at a slower pace than in previous years, according to the U.S. Census Bureau. New Orleans netted the top growth spot, but its population is still about half what it was before Hurricane Katrina hit. M read more
Naples Real Estate News 07/09/08
Naples Florida Real Estate Homes | July 9th 2008 by Glenn Ginsburg
SHORT SALES Short sales sound like a dream: The seller escapes foreclosure. The buyer gets a bargain price. The bank holding the home loan eats the difference. But the deals can be incredibly cumbersome to negotiate, and in a recent survey, 94 percen read more
Naples Real Estate News 07/08/08
Naples Florida Real Estate Homes | July 9th 2008 by Glenn Ginsburg
HOUSING AID A mortgage rescue plan to save hundreds of thousands of homeowners from foreclosure drew overwhelming Senate support on Monday, inching toward possible passage by the end of the week despite Republican objections. The bill’s centerp read more
Naples Real Estate News 07/07/08
Naples Florida Real Estate Homes | July 7th 2008 by Glenn Ginsburg
PERMANENT GENERATOR PERMITTED? If you installed a “permanent generator” for you home or condo in Naples, Bonita Springs or Estero - was it properly permitted and installed to code? If a home listing includes a “permanent generator, read more
Naples Real Estate News 07/03/08
Naples Florida Real Estate Homes | July 6th 2008 by Glenn Ginsburg
MORTGAGE RATES Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week to 6.35 percent as signals from the Federal Reserve eased worries about imminent interest rate increases. MY SAFE FLORIDA HOME Flori read more
Naples Real Estate News 07/02/08
Naples Florida Real Estate Homes | July 3rd 2008 by Glenn Ginsburg
REAL ESTATE TAXES Every homesteaded property owner in Naples, Bonita Springs, Estero and elsewhere in Florida will pay less property tax this year than they would have paid if Amendment 1 had not passed in January and property values had not declined read more
Naples Real Estate News 07/01/08
Naples Florida Real Estate Homes | July 2nd 2008 by Glenn Ginsburg
COUNTRYWIDE Florida Attorney General Bill McCollum filed a lawsuit against Countrywide Financial Corp. Monday for misleading and unfair trade practices. “It is unthinkable a company would try to take advantage of someone’s dream of homeow read more
Naples Real Estate News 06/30/08
Naples Florida Real Estate Homes | July 1st 2008 by Glenn Ginsburg
MORTGAGE RATES If it isn’t one thing, it’s another. Historically low mortgage rates have been one of the few strengths in today’s housing market, but inflation fears may be nudging rates higher. FLOOD INSURANCE Congress plans to add read more
Naples Real Estate News 06/27/08
Naples Florida Real Estate Homes | June 28th 2008 by Glenn Ginsburg
MORTGAGE RATES Rates on 30-year mortgages rose again this week - to 6.45 percent - climbing to the highest level in more than nine months, reflecting concerns about how the Federal Reserve will respond to higher inflation pressures. HOMESTEAD EXEMPTI read more
Naples Real Estate News 06/26/08
Naples Florida Real Estate Homes | June 27th 2008 by Glenn Ginsburg
HOME SALES A total of 12,175 existing single-family homes sold in May, up 8.7 percent over the previous month when 11,200 homes changed hands statewide, according to FAR. Existing condo sales statewide rose 3 percent, with a total of 4,018 units sold read more
Naples Real Estate News 06/25/08
Naples Florida Real Estate Homes | June 26th 2008 by Glenn Ginsburg
MORTGAGES No downpayment mortgages have largely disappeared as a financing option from private lenders. But they are still available - and growing more popular - using existing Federal Housing Administration programs in conjunction with nonprofit gro read more
Naples Real Estate News 06/24/08
Naples Florida Real Estate Homes | June 25th 2008 by Glenn Ginsburg
HURRICANE MITIGATION Naples, Bonita Springs, and Estero homeowners take note: If you want a free hurricane home inspection courtesy of the State of Florida, sign up now. Most homeowners save money on property insurance following an inspection, but th read more
A Friend in Need - Helping Other People
Naples Florida Real Estate Homes | June 25th 2008 by Glenn Ginsburg
Yesterday, I was informed of a very close and dear friend, Charles Richey, had been hospitalized with Guillain-Barre Syndrome. This particular disease afflicts the nervous system and the inflicted individual looses the use of all their limbs and abil read more
Real Estate News 06/19/08
Naples Florida Real Estate Homes | June 21st 2008 by Glenn Ginsburg
FLORIDA NO. 2 FOR NEW RESIDENTS About 40 million Americans move each year, and Florida is the No. 2 spot for relocation, second only to California, according to a survey conducted by Relocation.com. The survey finds that 19 percent of those relocati read more
Naples Real Estate News 06/18/08
Naples Florida Real Estate Homes | June 21st 2008 by Glenn Ginsburg
NEW LEGISLATION Governor Charlie Crist signed a bill authorizing “electronic” foreclosure sales. Previously, foreclosure sales had to be conducted in person; now they may be done online. LENDING REFORM Six trade groups on Tuesday told federal la read more
Naples Real Estate News 06/17/08
Naples Florida Real Estate Homes | June 21st 2008 by Glenn Ginsburg
HOUSING AID Major mortgage lenders have agreed to streamline and speed up the process for assisting distressed homeowners following criticism that they’re too slow and sometimes unresponsive. Under new guidelines, homeowners seeking help can e read more
Naples Real Estate News 06/16/08
Naples Florida Real Estate Homes | June 21st 2008 by Glenn Ginsburg
REAL ESTATE FORECAST National Association of REALTORS® Chief Economist Lawrence Yun, speaking to Florida real estate professionals last week, called 2008 a "year of cleanup." Yun predicts that the second half of the year will be better than read more
Naples Real Estate News 03/20/08
Naples Florida Real Estate Homes | March 21st 2008 by Glenn Ginsburg
MORTGAGES - So if the Fed keeps lowering interest rates, why don’t fixed mortgage rates drop more? Blame the investors who buy packages of mortgages on Wall Street. Those who are buying packages of mortgages are looking to recover their losses read more
Naples Real Estate News 03/19/08
Naples Florida Real Estate Homes | March 21st 2008 by Glenn Ginsburg
REAL ESTATE TAXES - If real estate taxes drop 25 percent through an amendment appearing on the November ballot, schools would need at least $8 billion from an alternate source. That raises the possibility, once again, of a sales tax on services, whic read more
Naples Real Estate News 03/18/08
Naples Florida Real Estate Homes | March 20th 2008 by Glenn Ginsburg
REAL ESTATE TAXES - Under a plan approved by the Florida Taxation and Budget Reform Commission Monday, voters will have a chance in November to approve an across-the-board property tax cut averaging 25 percent. The measure also includes a provision g read more
Naples Real Estate News 03/17/08
Naples Florida Real Estate Homes | March 20th 2008 by Glenn Ginsburg
HOME VALUES - The real estate mantra of "location, location, location" rings particularly true in a slow market. Buyers should do their research, because choosing the right neighborhood could have a big effect on whether or not their home tur read more
Real Estate News 03/14/08
Naples Florida Real Estate Homes | March 20th 2008 by Glenn Ginsburg
MORTGAGE RATES - Rates on 30-year mortgages increased this week for the fourth time in the past five weeks, rising to an average of 6.13 percent, up from 6.03 percent last week, according to Freddie Mac’s weekly nationwide survey. HOMEOWNERS I read more
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