The end of year 2010 Mediterra real estate market statistics for both home and condominium sales are listed below. Located in North Naples, it is widely recognized as one of the most premier golf club communities in the area.

Mediterra is reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community that still is offering new construction possibilities. Centered around two Tom Fazio designed championship golf courses and the 25,000 square foot Country Club at the Piazza, residents at Mediterra will enjoy one of the most exclusive lifestyles available on the Southwest Florida Gulf Coast. Residents also enjoy 200 feet of beach shoreline on the famous white sands of Bonita Beach at the community’s private Beach Club which includes an elevated swimming pool, full service dining, and changing facilities.

Continue Reading Mediterra in Naples, Florida: 2010 Real Estate Sales Review

Tags: buyers, markets, real estate, sales, sellers, SW Florida

The National Association of Home Builders has bestowed its Gold Award for Community of the Year on Miromar Lakes Beach and Golf Club. Located in south Ft. Myers, Miromar Lakes is a luxury resort community built around 700 acres of freshwater lakes. Amenities include three miles of white private beach, an Arthur Hills Signature golf course and an award winning 39,000 square foot Beach Club.

Residents of Miromar Lakes enjoy being pampered with everything from a full menu of concierge services to gourmet dining at the Blue Water Beach Grill. The community also boasts other features including the spa and fitness center, a 10,000 square foot zero edge infinity resort style pool, the tennis center and dock and marine services.

Continue Reading Miromar Lakes Named Top Community in the U.S.

Tags: buyers, living, luxury, real estate, SW Florida

The following are excerpts from the 2010 Florida Real Estate Home Buyer and Seller Characteristics Profile released by Florida Association of Realtors. A review of the data gives some intriguing and interesting information and provides many valuable insights into what motivates buyers and sellers of real estate in Florida.

Florida Home Buyers Profile

Florida Home Buyer Characteristics:

• The median age was 43 years old.
• The median income of was $65,300.
• 65% reported they had no children under age 18 living in their home.
• 56% were married couples, 19% single females, 11% single males, and 11% unmarried couples.
• First-time home buyers accounted for 44% of the homes purchased.
• The median age for first-time buyers was 31 years old.

Continue Reading Florida Real Estate: 2010 Buyer and Seller Characteristics

Tags: buyers, Florida, real estate, sellers

The crush of foreclosures in the Southwest Florida real estate market may finally have started to subside as we head into 2011. It seems Lenders only filed 10,669 foreclosure lawsuits in Lee County in 2010, a decrease of 50.8% from the 21,768 filings in 2009. For Collier County, lenders filed 4,452 foreclosure lawsuits, a decrease of 47.2% from the 8,421 filings in 2009. All in all, it’s not too bad when you consider we’ve had over 100,000 foreclosures in the two county areas since January, 2006.

Continue Reading Southwest Florida Foreclosures: 2010 Year End Review

Tags: buyers, foreclosures, markets, real estate, SW Florida

According to the newly released 2010 report compiled by IHS Global Insight and PNC Financial Services, here are the top ten most undervalued cities for home prices within the state of Florida.

The rankings were derived from comparisons of median home prices, population densities and income, and historical premiums or discounts that the areas have exhibited in the past. In their January 2006 report, Naples was deemed most overvalued, with 84% of homes valued over the fair market price. Today, Naples real estate sells at a 29% discount and the median home price is just $165,500, down from more than $390,000 four years ago.

Florida’s Most Undervalued Cities

Continue Reading Top 10 Most Undervalued Cities in Florida

Tags: buyers, Florida, markets, real estate