Archive for July 7th, 2010
Jul
07
Weekly Sales Report and Commentary by Ron Barakett
Buying a house is still a very bad deal at the upper range of the neighborhood you might be considering, but it does make sense to buy at the relatively bottom end within the community where prices have already fallen into line with salaries and rents. Check whether you should rent or buy in your own area with this NY Times Calculator.
Annual Rent / (divided) by Price ) >than 6 times. Example 2 Bedroom 2 Bath condo at 150,000.00 X 6%=$9,000.00 That confirms that these are priced correctly. I thought that was very interesting.
| BUNDLED GOLF REPORT JULY 6, 2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 29 | 1 | 1 | 0 | 0 |
| Forest Glen | 56 | 0 | 0 | 3 | 1 |
| Heritage Bay | 18 | 2 | 3 | 0 | 0 |
| Naples Heritage | 28 | 1 | 2 | 1 | 0 |
| Naples Lake | 52 | 1 | 2 | 2 | 2 |
| Vanderbilt C C | 31 | 0 | 1 | 2 | 1 |
| TOTAL | 214 | 5 | 9 | 8 | 4 |
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