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September 5, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Naples, Florida

Reported by Carol Wilsey, REALTOR, ABR, CRS, GRI

Updated September 1, 2008.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Even the conservative Wall St. Journal is now reporting "THE BOTTOM HAS BEEN HIT" in the real estate market -- and Toll Brothers CEO reports Naples is its "bright spot."
As the normal visitors season winds down, we have continued to see some addtional price reductions, but those properties that are already aggressively-priced in the communities in demand have already been snapped up. So, we are seeing some reductions in the over-priced products, down to the level where property should "move". I don't believe the selling prices will go much lower than they are right now, so there are still incedible deals to be had.

The market still has a huge supply of inventory, so that will maintain softer prices, for sure. Compare Southwest Florida to your weather up north and there is no contest! Great summers, great beaches, great winters, great golf courses -- what more could you want?

Since prices are still softer than usual, now is a great time to buy, so call us today!

ZIP Codes: 34102, 34103, 34105, 34108, 34109, 34110, 34119

Location Characteristics: Gulf of Mexico or Golf at Your Doorstep! This little Southwest corner of Florida was known by only a fortunate few for a long time...now, because of our closeness to the warm Gulf waters, constant balmy breezes, and multitude of wonderful golf course communities, the rest of the world has discovered us! Come see for yourself.

For More Information:

View Market Conditions of other areas served by Carol Wilsey

Navigate: Top > Florida > Naples

About Carol Wilsey:
I moved to Southwest Florida like almost everyone else, to escape the brutal winters up north, but once I experienced the wonderful breezes and abundance of great golf courses, my husband and I knew we would stay here forever! I have been in real estate here for almost the entire time, and started my own brokerage firm over 7 years ago. I now have a solid marketing team of agents behind me. My husband and I also own a mortgage company to assist our agents and other buyers in financing their dreams in Southwest Florida. I was the Professional Standards Chair for the Naples Board of Realtors, and an ethics instructor for the state as well. My husband and I are avid golfers at the Club at Olde Cypress.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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