Everyone is concerned about the economy and the housing market so people are very cautious these days. You could say, we learned our lesson and for some of us… the hard way.
Rather than tell you yes! Come buy property in Florida. The prices are low and the inventory is high I will defer to a few recent news articles. There were some recent interesting articles regarding Naples.
Naples is rated as number 1
Good morning America and zillow.com put together a list of the Top 10 cities to negotiate down on the price of a home and Naples came in at number 1 with Cape Cod coming in second. Now that’s a good reason to come to Naples and negotiate yourself a great deal. For the complete article go to:
http://abcnews.go.com/GMA/ConsumerNews/top-10-cities-bargain-house/story?id=9847598
Another number 1 rating
Forbes magazine analyzed IRS data and determined that the wealthiest Americans are moving to Collier County.
“Low taxes, warm sunshine and deep discounts on real estate. No wonder IRS data shows the wealthiest among us are headed south.
Surprise: America’s wealthy like warm weather and low taxes. That’s the takeaway from IRS data, analyzed by Forbes, on moves between counties. We looked for counties that the rich are moving to in big numbers.
Topping the list: Collier County, Fla., which includes the city of Naples.”
Well that’s not too difficult to figure out why. Beautiful beaches, relaxed atmosphere, great weather, great restaurants, theatre, shopping, and golf galore.
http://realestate.yahoo.com/promo/where-americas-money-is-moving
And of course
Historically Low Mortgage Interest Rates!!!! 30 Year Mid 4.00% range 15 Year Low 4.00% range 10 Year High 3.00% range A couple of more items to mention as well…“The tide could be turning for the Gulf Coast oil spill. The majority of the free flow of oil has stopped, the oil in the water may be nearing the end of its life cycle, and Tropical Storm Bonnie seemed to have little, if any, effect on the oil.”
Also, NOAA put together a model of the possible long term effects of the oil spill and determined that the SW Florida beaches have a less than 1% chance of having any oil threaten the coastline. PHEW!
Since it is the middle of the summer, I should also mention the weather. I probably shouldn’t mention this little secret but the summers are not as bad as you may have heard at least not in the Naples area. Yes it is hot everyday but never over 95 degrees. It is usually in the low 90’s. I recall seeing Boston, NY, DC, Philly all with temps over 100! At least we are well prepared for the heat here. My complaint is that the pools get too warm. Oh well you can’t have everything.
