May 2014

Found 6 blog entries for May 2014.

Southwest Florida has witnessed a steady increase in home prices in the post-recession period. However, despite all this progress a report released in April shows that the prices are far away from the peak prices witnessed when the housing industry was experiencing a boom.

RealtyTrac, a research firm based in Irvine Calif says that the home prices in the area (Southwest Florida) were below their peaks by a higher margin than anywhere else in the whole nation. The good news is that they are recovering well like in other parts of Florida.

The Vice President of RealtyTrac, Daren Blomquist says that most areas in Florida have not recovered to the peak prices seen when the housing industry was booming. The median prices for homes in Collier were down by

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Home prices are currently increasing at a double digit-rate in Naples, even though both the pending and closing sales have slowed. However, expensive houses along the beach are still being sold at an increasing rate. When compared to last year's April sales number, realtors concluded that the volume of the estates were decreasing due to rapid sales. This was released on Friday, which showed that an average sales rate increased by over 42 percent causing a home to be sold within 93 days, causing supplies to fall nearly 12 percent to a little over 4 thousand units.

Due to the scarcity of the supplied, it increased the median prices to 12 percent, pushing closing sales to $269,000. Mike Hughes, a real estate broker, commented that all the price points

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You now have the opportunity to view Sonoma’s move-in ready coach homes as announced by Fiddler’s Creek. Sonoma is a master-planned community village made up of 44 residences built in classic Mediterranean style.

A project by Lennar Homes, Sonoma has 11 two story buildings. Each building is composed of four 3-bedroomed individual residential houses. Each of the houses comes with a living room and a patio overlooking the lake in most houses. There are two floor plans available for the living room. You can either choose the 1741 square feet plan or the 2,110 one. Both plans are air-conditioned.

The Florence, a fully furnished coach on the ground floor covers 1741 square feet for the living room and a total of 2,338 square feet. The coach comes fully

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It was recently reported that Stock Signature Homes is building a brand new Neapolitan deluxe home in Florida. The residence location is at 1213 Gordon River Trail in Grey Oaks. Stock Signature Homes, as part of a subsidiary of Stock Development, has provided more than a decade of experience in building luxury residences in the Southwestern Florida region. It has offered exceptional style and unique design choices for thousands of homeowners, earning its place in the top 100 US builders in a recent magazine polling. 

This particular two-floor estate home takes up more than 7700 feet of living space and is currently on the market for just under seven million dollars. Stock development has used state-of-the-art design from Stofft Cooney Architects to

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Quail West sales in April amounting to $8,399,750 has driven up North Naples’ year-to-date sales, closing it at $58.2 million including pending sales.

Stock Development, a company that is an established Preferred Builder in Treviso Bay and Fiddler’s Creek, made the announcement and particularly cited that the said sales is composed of five houses, house and lots, as well as custom new-build sales contracts. More specifically, contracts are being processed for the McGarvey Custom Homes’ Bardot estate model residence, Stock Signature Home residences, Stock Windsor floor plan, as well as Quail West’s Idylwood community.

This is an affirmative sign of Stock and Quail West’s efforts on real estate sales since it follows through its strong 112 home

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If you are thinking of buying your own home anytime soon, then you had better get a pile of cash ready. It should be a huge pile. In the first quarter of 2014, all-cash deals of home sales skyrocketed to an all-high of 43%, according to information provided by RealtyTrac. You will really appreciate this growth when you realize that it was 19% all-cash sales back in 2013, and that was the highest since RealtyTrac started its recording of deals in the beginning of 2011.

Analysts have attributed this to two primary factors. One is the stricter lending standards that have been put in place. These lending barriers make it difficult to secure a mortgage and fierce competition among buyers. Another factor that favors the buyer carrying a bag of cash is the

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