May
17
Did You Know? Bundled Golf Communities in Naples FL
The big board (NYSE), NASDAQ and the entire securities market is smaller than the entire Real Estate market in the USA, by a factor of 15 times smaller! A good trivial pursuit factoid to remember. This market is very segmented and local in nature. Foreclosures are expected to stay above 2.5 Million foreclosures annually throughout 2010, and to RISE in 2011. So what does that do to prices?
In a nutshell, it depends what floor you are on, and which segment of the market you are in. In fact, Cedar Hammock has shown some robust gains in price per square foot, 2 bedroom condos closing at $170,000.00. Forest Glen on the other hand is showing an incremental increase in available inventory, thereby pushing prices down. The results below and the facts behind these results are fascinating, and if you would like more information on how much your home is worth, just call me 239-850-1366 or send me an e-mail.
Bundled Golf Communities Changes Report
|
BUNDLED GOLF REPORT MAY 16 |
|||||
|
ACTIVE |
SALES |
NEW |
REDUCED |
CLOSINGS |
|
|
20 |
0 |
0 |
0 |
1 |
|
|
57 |
0 |
3 |
0 |
1 |
|
|
23 |
-2 |
1 |
1 |
2 |
|
|
29 |
0 |
4 |
0 |
1 |
|
|
52 |
0 |
1 |
1 |
3 |
|
|
36 |
0 |
1 |
2 |
1 |
|
|
TOTAL |
217 |
-2 |
10 |
4 |
9 |
Ask The Bear
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Ron "The Bear" Barakett!
(239) 850-1366
...ferociously dedicated
...fiercely devoted
...hungry for results
...calculated decision maker
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