A Hot Real Estate Market in Naples Florida
This week, Downing-Frye will have closed over 2000 transactions for the year. Putting this in perspective, in 2007 and 2008, we did not close 2000 transactions for the entire year. Now we are closing 2000 transactions in just over six months. Things have definitely picked up. The declining NABOR (Naples Area Board of Realtors) inventory is further proof that our market has improved. In March of 2007, NABOR reported an inventory of 12,440 units. The June 2011 NABOR report showed an inventory of roughly 7200 units. That's quite a drop in inventory. If you’re interested in Naples area real estate, you might not want to wait much longer. The better properties naturally are the first to go. Give me a call or send me an email to discuss your wants and needs.
Check out this beautiful cabana home in Wilshire Lakes. Over $140k in upgrades, now listed at $417,900. Three bedrooms including the separate cabana, three baths. Private courtyard pool.
