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Real Estate Today

What is happening in Real Estate today? More specifically, what is happening in the Naples, FL, Real Estate Market? If I could answer these questions with exact certainty I would be a much richer man! I can say, with some optimism, that I believe Naples has been at the bottom of the Housing down-turn for a little over a year now and that we are pulling out of it. Housing prices have sustained pretty much the same level for a year, with little blips here and there throughout the numerous neighborhoods in the area. We are also seeing many of the depressed priced homes disappearing from the marketplace, leaving the more appropriate priced homes available for purchase. Other indicators are stating that the foreclosure rate is declining and the economy as a whole is looking to be promising.

With this in mind, now is a perfect time to think about purchasing a home. Prices are still at pre-‘Real Estate Boom’ levels, A new home credit is in the works to being extended and expanded, and the Holiday Season is upon us! Also, keep in mind that Pelican Bay Realty handles seasonal and annual rentals. Contact Joseph for a current list of available rentals at JFaccone@PelicanBayRealty-FL.com or at 239-263-2211.

Happy Holiday's!

Joseph Faccone

 

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Last modified: 11/4/2009