You are poised and ready to buy a property. The time is right! You have talked with friends, family and your banker. You feel good. Countless real estate websites are bookmarked on the laptop and you start making calls. You are eager to find out the price, square footage, and amenities of your favorite properties. [...]
Commentary by Fatima Khokhar Knapp Cooperation is the Key… The press release below details the facts and figures behind the decline of housing inventory in 2011 for Naples, Florida. The numbers are impressive though there are a few elements that have become apparent since September 2011 that are not captured in the press release and [...]
International buyers have set their sight on Florida real estate and Canadian buyers have made their presence known in Naples, as two Royal Bank of Canada locations exist within the city limits. Recently the National Association of Realtors surveyed Florida Realtors in order to assess the significance of foreign buyers in Florida. The study highlights [...]
International buyers have set their sight on Florida real estate. A stroll down busy streets or the beaches offers a glimpse into the variety of cultures that now call Florida home. Canadians, British, Brazilian and German citizen flock to Naples every year, yet a wider spectrum of nationalities are represented throughout the state. According to [...]
We just arrived at the Phoenix Hotel in Yogyakarta, Indonesia and are enjoying all that this beautiful country has to offer. Yogyakarta is located on the island of Java and is known as the center for Javanese fine art and culture. This important city stood as the countries capital in the 1940′s before Jakarta took [...]
Late last week Bloomberg released the news article below, which highlights Naples as a prime Florida location that continues to attract domestic and international buyers. I predicted the reaction to this article would get the phone ringing but the response has been beyond what we expected. On March 24, 2011 there were a total (year to date) of 3,044 sold properties and 81 pending sales (sales that are awaiting to close). As of March 31, 2011 at noon a total of 3,383 sold properties and 39 pending sales.In the past 8 days a total of 339 properties have changed hands between buyers and sellers. How does this compare to last week or the previous? From February 21- February 28 there were a total of 326 sales, and from March 7th – 14th there were 282 sales which we could argue was a light week due to St Patrick celebrations, since Naples is dedicated to spreading the cheer during this and all holidays!The positive press simply underscores what many prospective purchasers know; that Naples real estate is a value proposition.The spring season is usually a time when we see a decrease in activity though I believe this year we are in for a bit of surprise. As always I look forward answering your questions regarding the Naples real estate market!