If you are looking for Luxury Florida real estate, there is no better place to look in North Naples other than Mediterra.

Mediterra is reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community still in the development stage. 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 End of Year 2009 Sales Report

Tags: luxury, markets, real estate, sales, SW Florida

The Southwest Florida real estate market sales statistics for 2009 are listed below. Southwest Florida experienced its biggest sales year ever, outpacing the total sales in the previous peak year of 2005 by 44%. It also led all other metro areas in Florida in terms of total sales.

Obviously, price has been the number one determining factor in the record setting sales numbers and foreclosures and short sales continue to drive the market. But, don’t kid yourself; normal sales aren’t doing too shabby either. Savvy buyers are also jumping on properties where the sellers have done their homework and priced their property according to today’s market values.

Continue Reading Southwest Florida Real Estate – 2009 Sales Report

Tags: markets, real estate, sales, SW Florida

The Barefoot Beach real estate end of year 2009 market statistics for both home and condominium sales are listed below.

Barefoot Beach is tucked away just on the border of Bonita Springs and Naples and is one of the most gorgeous beach communities on all of the SW Florida Gulf Coast. It is popular for its unsurpassed homes – long considered the “Rodeo Drive” of the area, the properties will delight the most discriminate buyer. Surrounded by nature and elegant homes, three miles of white sandy beach is right outside the door of many of the residents. For those with a taste towards boating and fishing, the island also backs up to mangrove and intercoastal waterway – supporting Gulf of Mexico access through the Bay for deep watercraft.

Continue Reading Barefoot Beach in Bonita Springs, Florida – 2009 Sales Report

Tags: luxury, markets, real estate, sales

According to a memo sent out to all its lenders and mortage servicers, Fannie Mae is going to modify the way it goes about the handling of selling its foreclosure/REO inventory effective immediately. In the announcement, Fannie says it will now accept purchase offers for this type of inventory immediately after listing, without notifying lenders or mortgage servicers whose loan files are under review. Under its previous policy, Fannie gave lenders and servicers fifteen days to find a better purchase offer for new REO they sent to the company following foreclosure.

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Tags: foreclosures, real estate, sales

The Bonita Springs real estate end of year 2009 market statistics for both home and condominium sales are listed below. Bonita Springs, known as the “Gateway to the Gulf”, is one of Southwest Florida’s fastest growing coastal cities. Lifestyle options are endless and its central location between Ft. Myers and Naples make it a most desirable destination in which to live.

Bonita Springs Real Estate Sales Data

Bonita Springs Home Sales End of Year 2009*:

• 941 Closed Sales (623 in 2008)
• Average Sales Price – $326,538
• Median Sales Price – $241,500
• Average Days on Market – 147
• Average Sales Price/Square Ft. – $140.25

Bonita Springs Condominium Sales End of Year 2009*:

• 800 Closed Sales (596 in 2008)

Continue Reading Bonita Springs, Florida End of Year 2009 Real Estate Sales Report

Tags: markets, real estate, sales, SW Florida