I was reading about some interesting research recently conducted by a professor at the University of Central Florida. Seems his analysis shows that current home values are just about where they would have been had the real estate bubble of 2005-7 not occurred. According to Professor Stan Smith, “most homeowners are within 6% of where they would have been had there not been a housing bubble. The people who have been here since prior to 2005 should not have been hurt,” though he also added: “… a lot of people who did buy in 2005 and 2006 obviously were hurt significantly.” However, a long-term view of the Florida real estate market reveals that even though prices rose and fell dramatically in recent years, they appear to have settled back into more normal historic patterns.

Continue Reading Did All Florida Housing Prices Really Suffer From The Free Fall?

Tags: Florida, markets, real estate

In a recent independent national poll conducted by IHS Global Insight Regional Estate Service, two destinations in Florida appeared in the top five most undervalued places to live in the United States.

The first Florida destination to appear in the poll is the cosmopolitan, quaint, and cultural city of Naples. Known as the “Crown Jewel” of the Southwest Florida gulf coast, Naples offers residents plenty of golf, beaches, and fishing in an enchanting and sun-drenched environment. And, after home prices plummeted by nearly 50% from the first quarter of 2006 to the first quarter of this year, real estate in this upscale community looks increasingly tempting to buyers. IHS Global Insight considers the median home price in Naples to be $200,000 or 33% undervalued.

Continue Reading Naples and Sarasota Named to Top 5 List of Most Undervalued U.S. Cities

Tags: Florida, living, markets

The January thru June 2009 Pelican Landing real estate market statistics for both home and condominium sales are listed below. Pelican Landing is an upscale gated golf community with excellent amenities and is considered one of Bonita Springs premier communities.

Pelican Landing distinguishes itself by being the only community in the area to own a private barrier island on the Gulf of Mexico. The island includes a 32 acre beach park that residents have daily access to via a community run boat shuttle service. Residents can also opt for membership in the Pelican’s Nest Golf Club. Its two 18 hole Tom Fazio designed golf courses are considered by many as some of the best available here in Southwest Florida.

Continue Reading Pelican Landing Real Estate Sales Update – January to June 2009

Tags: real estate, sales, SW Florida