I'm sorry that it has been a while since I posted. January through the end of March is my busiest time of year. I have had a great season and hope the rest of the year will continue to be good.
The Naples Board of Realtors® released the first quarter of 2010 home sales reports and the March 2010 home sales reports. While 71.19% of all closed sales in the overall market still continue to be under $300,000.00 and price have still declined, there is still some good news.
While I am excited that the above price ranges have shown a increase in pending sales, I also want to see if they actually turn into closed sales. Tighter lending policies are definitely playing a huge part trying to keep a sale together. I would caution any buyer to speak with a lender BEFORE they start looking at homes. Buyers are suprised to find larger downpayments are needed for second home purchases.
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About the author:
Lynn Wilber is a Real Estate Professional who lives in Naples. Her 31 years of real estate experience and her area expertise have been valuable resources for Naples Sellers and Buyers. For more information, please contact Lynn Wilber or call 239-594-2780.
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