- August 16th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
myLot User Profile Click here to learn about Pelican Marsh in Naples Florida.
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- August 6th, 2008
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glenng has dugg: Washington's Seafair 2008
- July 31st, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
June Activity: Listings: During the month of June 60 Estero condos were listed for sale. For the same month in 2007, 53 condos were listed for sale; this represents an increase of 5.7 percent. The decrease from 2006 was 17.8 percent from the 73 new l
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- July 30th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
June Activity: Listings: During the month of June 69 Estero homes were listed for sale. For the same month in 2007, 86 homes were listed for sale; this represents a decrease of 19.8 percent. The decrease from 2006 was 22.5 percent from the 89 new lis
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has stumbled:
- July 28th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
June Activity: Listings: During the month of June 490 Naples condos were listed for sale. For the same month in 2007, 654 condos were listed for sale; this represents a decrease of 25.1 percent. The decrease from 2006 was 38.4 percent from the 795 ne
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- July 25th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
June Analysis: Listings: During the month of June 696 Naples homes were listed for sale. For the same month in 2007, 779 homes were listed for sale; this represents a decrease of 10.6 percent. The decrease from 2006 was 15.7 percent from the 826 new
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- July 23rd, 2008
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glenng has dugg:
- July 21st, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
The number of months of inventory for Naples condominiums for sale has been significantly reduced since February 2008. Using the four time frames of 12, 9, 6 and 3 month moving averages. The 12 month moving average in February was calculated to be 37
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- July 19th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 18th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 17th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 16th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 15th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 12th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 11th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 9th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has stumbled: Inventory of Naples Homes for Sale Drops as of the Beginning of July
- July 7th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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,
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glenng has posted a new entry on: Naples Florida Real Estate Homes
The absorption rate for Naples homes reflects an improving market for the 4 specific time frames - 3 months, 6 months, 9 months and 12 twelve months ending June 30, 2008 for active listings as of July 1, 2008. The 3 month time frame reflects an inve
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- July 6th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 3rd, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 2nd, 2008
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glenng has dugg:
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- July 1st, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 28th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 27th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 26th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 25th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 23rd, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
MORTGAGE RATES Rates on 30-year mortgages kept surging this week, rising to 6.42 percent - the highest level in nearly nine months, reflecting more concerns about what the Federal Reserve will do to combat a growing inflation threat. HOUSING AID A
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- June 21st, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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glenng has posted a new entry on: Naples Florida Real Estate Homes
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
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- June 14th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
GOOD FAITH ESTIMATE HUD has proposed a new four-page Good Faith Estimate that includes a summary of loan terms, interest rate, monthly payment, whether the interest rate and principal balance can increase, by how much, and if there is a prepayment p
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glenng has posted a new entry on: Naples Florida Real Estate Homes
HOMEOWNERS INSURANCE The Florida Insurance Guaranty Association, a nonprofit agency formed by the Legislature to pay claims of the insolvent Poe property insurance companies, has been slow to respond, say lawyers who have filed suit on behalf of nea
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glenng has posted a new entry on: Naples Florida Real Estate Homes
HOMEOWNERS INSURANCE Floridians with home, car, boat or business insurance policies will continue to pay a 1 percent surcharge for two more years. State officials are still trying to recoup losses suffered during the 2005 hurricane season and keep t
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- June 12th, 2008
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glenng has dugg: Rebounces Recycles Old Tennis Balls & Gives Them a New Life
- June 10th, 2008
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glenng has posted a new entry on: Naples Florida Real Estate Homes
FEDERAL HOUSING ADMINISTRATION (FHA) MORTGAGES Demand for once-neglected FHA mortgages has surged because they don’t require the hefty down-payments or stellar credit scores that lenders have come to expect from borrowers. They might not be th
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glenng has posted a new entry on: Naples Florida Real Estate Homes
PENDING SALES The National Association of REALTORS’ Pending Home Sales Index, based on contracts signed in April, rose 6.3 percent to stand at 88.2 from a reading of 83.0 in March - the highest index since last October. According to the Nation
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glenng has posted a new entry on: Naples Florida Real Estate Homes
INCOME TAX CREDIT Would it convince some potential homebuyers to get off the fence and commit to a purchase if the federal government paid them up to $15,000? Home builders are pushing for a tax credit incentive for buyers, but it’s not a comp
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glenng has posted a new entry on: Naples Florida Real Estate Homes
FORECLOSURES Home foreclosures and late payments set records over the first three months of the year, according to the Mortgage Bankers Association. In the first quarter of 2008, one out of 120 mortgages fell into foreclosure compared to 101 in the
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