Naples4u

Naples is an area in which you can purchase properties ranging from $50,000 to $25M, so, it would be good to know what aspect of the market that you are inquiring about. Each 'market' and each area has its own unique properties; a $400,000 single family home with 2.5 acres in Golden Gate Estates is in no way comparable to a $425,000 condo on Gulf Shore Blvd. N. The 'market' in each area is different. It depends upon what your needs are and what part of the 'market' you want to know about.
It is interesting to note that statistics, while extremely 'telling' about a range of properties in a particular price range, don't take into consideration the variety of real estate that is available throughout the area known as Naples, FL. What locale and what price range are you concerned with? The question you've posed can be answered in detail with specific information about price range, locale and lifestyle elements.
Please feel free to visit our Naples Fl Real Estate website http://www.Naples4u.com or inquire with more specifics to Info@Naples4u.com
The under $300K market has been the driving force in 'the market' over the last year. It is also the market in which most of the short sale and REO properties exist. That is not to say that there aren't short sales or foreclosures in the higher brackets of the market as well, but in the under $300K market, we're going to see things continue to decline as there are so many properties for sale currently. In addition, according to one survey, if only 22% of all short sales go through, in a year, there's going to be over 1000 foreclosures. Additionally, there are many foreclosures that have not even been "discovered" and thus cannot be calculated. First, there's a judgment of "LIs Pendins," that signals a homeowner hasn't paid his mortgage and there's a claim against 'him/her." 6 That is, there are many people who are living in their homes without paying their mortgages and who are simply waiting to be foreclosed on. That process is overwhelming to the banks, and quite frankly, are not ready to deal with the number of 'distressed' homes. - Tue Jul 28 2009, 18:20