Florida Housing Market Continues Upswing In September

The good news continue for the Florida real estate market in September 2012: Market stable and growing: Sales up 2%, prices up 7.4%, pending up 40%.
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Pending Sales At Two-Year High

Pending home sales bounced back in May, matching the highest level in the past two years and well above year-ago levels, according to the National Association of Realtors® (NAR). Every region saw monthly and annual gains.
Pending home sales could be even higher, but low inventory could be holding back sales in some areas – a relatively new challenge.
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Strong Real Estate Market In Naples, FL: Overall Inventory Dropping Again 13%

This is the latest market real estate report published by NABOR (Naples @ssociation Board of Realtors) with very encouraging figures.
The real estate market in the Naples area is persistent recovery for the past few months. Months after months, the reports and statistics confirm the trend we started to see in 2011.
Confidence in the real estate market in the Naples area  is back!
Pending sales increased 10% overall in May 2012 compared to May 2011.
In many sectors the inventory is at levels seen in 2003 or 2004!
Buyers should be aware that properties in the best location are leaving the market pretty fast.
Multiple-bid situations are more and more frequent and (still) unrealistic buyers with low-ball offers are losing deals. Here are other main points of the report:

• Inventory down by almost 1,000 units in the last three months.
• Overall median closed price increased 8 %from $175,000 to $189,000 for the 12-month period ending May 2012.
• Overall closed sales increased 15 %in the $500,000 to $ 1 million category.
• Overall pending sales in the Naples Beach area increased 15 %.
• Pending sales activity in the $2 million plus category is up 50 %.

View the complete market report for May 2012...
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Quail West Naples - Stock Development Acquired 234 Home Sites

Quail West, the upscale golf community in North Naples is in full revival.
Sales have increased 60% in the first quarter of 2012 compared to same quarter in 2011.
The addition of LaCaille Villas neighborhood is not stranger of that.
Stock Development a well-known and considered developer in SW Florida recently acquired 234 home sites in the Tamworth neighborhood in Quail West. Three models are under constructions and will be ready very soon.
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View all the available properties for sale in Quail West...
View the last sales in Quail West... (report available online for 30 days only)

Florida In Top Five States For Home Appreciation

CoreLogic released its April Home Price Index (HPI) report today.
Nationwide, home prices, including distressed sales, increased on a year-over-year basis by 1.1 percent in April 2012 compared to April 2011 – the second consecutive year-over-year increase this year, and the first time two consecutive increases have occurred since June 2010.Florida is in the top 5 states for home appreciation in April 2012 with + 5.5%.
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Naples Real Estate Market - Today's Update

The real estate market is still steady in the Naples area after the season.
Today, 80 properties have closed, from $26,000 to $2,850,000.
View all properties sold today in the Naples area.
View all available properties for sale in Naples, Bonita Springs and Estero...

Park Shore Naples - Real Estate Market Update

Park Shore in Naples, Florida is a very desirable neighborhood located between the US41 and the Gulf of Mexico. Park Shore offers beachfront and bayfront condominiums stretching on a few miles on the Gulf and surrounding Venetian Village, offering upscale shopping and dining.
Park Shore offers also single-family homes in quiet and scenic streets at biking or walking distance to the beach.
All residents of Park Shore enjoy a private access to the beach.
How is the real estate market in Park Shore, year to date?

• Active listings:
• 30 single-family homes.
• 187 condominiums.
• Properties under contract:
• 9 single-family homes.
• 39 condominiums.
• Properties sold YTD:
• 21 single-family homes.  
• 107 condominiums.   

The market is really active in Park Shore at this time and the inventory is decreasing sharply. Beachfront condos in Park Shore start at $383,000, bay front condos at $455,000 and homes at $459,000.

View all properties for sale in Park Shore Naples...