According to Allen Finatri of Lee Collier Realty and http://www.swfhomes.com the summer of 2006 has turned into a buyers market.
The bottom line is there are three times the number of properties in inventory than in 2005 and about a third of the buyers. Basically the investors have left the market!
This excess inventory is great for buyers looking for a long term return or just a good value.
For more information on Naples real estate and all property in Southwest Florida call us toll free at 888-999-3208 or visit one of our many web sites like http://www.swfrealestate.com.
Friday, April 02, 2004
SOUTHWEST FLORIDA
HOME PRICES SOARING
IT’S STILL A GREAT TIME TO BUY!
Existing home sales ending February 2004 put Collier County in the number one spot and Lee County as number two in the state of Florida. Collier County saw a 28% gain and Lee County had an 18% gain in SALES of existing homes from February 03 to February 04. Comparing existing homes sales of February 03 to February 04 shows Collier County increasing from 292 to 373 and Lee went from 598 to 714 properties sold.
The Median sales price for the same period saw Collier with a 42% increase ($273,100 to $389.000) and Lee County with a 31% gain ($130,500 to $170,000). Once again these value increases show that real estate in Southwest Florida out paced most other forms of investment. It is important to realize the a median price increase does not mean that prices increased that much it means that values are climbing.
Consider the low mortgage rates, high value gains, and that the baby boomer's are just starting to retire makes purchasing now a good choice.
New Home Sales are also on a record pace and many new construction properties can be built with only 10% down and the balance when the home is completed.
All of our Realtors at Lee Collier Realty are very knowledgeable about all new and resale properties in Southwest Florida. We invite you to visit our web site www.swfhomes.com where you can search for all re-sale property and new builder inventory properties in Lee and Collier Counties.
Please feel free to call us toll free at 1-888-999-3208 and we would be happy to help you make the right decisions about purchasing property in beautiful Southwest Florida!
8800 Strike Lane | Bonita Springs, Florida 34135
Voice: 239-992-7737 | Fax: 239-992-5531
Please Visit our Web Site WWW.SWFHOMES.COM
HOME PRICES SOARING
IT’S STILL A GREAT TIME TO BUY!
Existing home sales ending February 2004 put Collier County in the number one spot and Lee County as number two in the state of Florida. Collier County saw a 28% gain and Lee County had an 18% gain in SALES of existing homes from February 03 to February 04. Comparing existing homes sales of February 03 to February 04 shows Collier County increasing from 292 to 373 and Lee went from 598 to 714 properties sold.
The Median sales price for the same period saw Collier with a 42% increase ($273,100 to $389.000) and Lee County with a 31% gain ($130,500 to $170,000). Once again these value increases show that real estate in Southwest Florida out paced most other forms of investment. It is important to realize the a median price increase does not mean that prices increased that much it means that values are climbing.
Consider the low mortgage rates, high value gains, and that the baby boomer's are just starting to retire makes purchasing now a good choice.
New Home Sales are also on a record pace and many new construction properties can be built with only 10% down and the balance when the home is completed.
All of our Realtors at Lee Collier Realty are very knowledgeable about all new and resale properties in Southwest Florida. We invite you to visit our web site www.swfhomes.com where you can search for all re-sale property and new builder inventory properties in Lee and Collier Counties.
Please feel free to call us toll free at 1-888-999-3208 and we would be happy to help you make the right decisions about purchasing property in beautiful Southwest Florida!
8800 Strike Lane | Bonita Springs, Florida 34135
Voice: 239-992-7737 | Fax: 239-992-5531
Please Visit our Web Site WWW.SWFHOMES.COM
Tuesday, December 23, 2003
Sunday, November 23, 2003
As many of you know Naples Real Estate including all areas of Southwest Florida provide great investment opportunities.
A study just released showed that New Home starts in the US were at a 17 year high and the Naples areas had an even greater increase. If you are interested in real estate as an investment, 1031 exchange, or to just enjoy life then call
Lee Collier Realty toll free at 888-999-3208
A study just released showed that New Home starts in the US were at a 17 year high and the Naples areas had an even greater increase. If you are interested in real estate as an investment, 1031 exchange, or to just enjoy life then call
Lee Collier Realty toll free at 888-999-3208
Wednesday, June 11, 2003
Naples Florida Real Estate covers a wide range of prices and lifestyles. Naples has more golf courses per capita than any town in the United States. Warm winter days averaging in the high 70's attract buyers to Naples Real Estate. Naples Florida unlike the East coast of Florida has limited beach area therefore beachfront property is in high demand as well a water/gulf access real estate.
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