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Existing Home Sales Decline But the Sun is Shining on Naples, Florida.

by Fatima Khokhar | Aug 10, 2010 | Buzz Around Naples

The National Association of Realtors (NAR) revealed that sales of existing homes for the nation fell by more than 27 percent in July 2010. While previous downward economic cycles have been spurred on by strong activity in the housing sector, this time around it is a...

Fannie is spelling it out for Consumers…Fantastic!

by Fatima Khokhar | Aug 10, 2010 | Banking And Finance

Earlier this month the mortgage company giant Fannie Mae unveiled a website geared towards consumers. www.knowyouroptions.com The motivation behind the website is to provide the public with a guide to options available to homeowners who are behind on their mortgage...

Following Alice Down the Rabbit Hole that is our Mortgage Market!

by Fatima Khokhar | Jul 10, 2010 | Banking And Finance

Mortgage rates have been on a downward spiral for the past five weeks.   Freddie Mac reported this week the average 30-year fixed loan rate dropped to 4.56 percent, the lowest since the institutional giant began tracking rates in 1971. The 15-year fixed loan rate fell...

BBQ’s, Picnics and Parades in Naples over the 4th of July

by Fatima Khokhar | Jul 10, 2010 | Buzz Around Naples

Wishing Everyone a Happy and Safe 4th of July! LOCAL FESTIVITIES Content courtesy of William Dukes from Summit Home Mortgage Inc- Bonita Springs ■Fourth of July parade, 9 a.m. Saturday, traveling south on Old 41 Road, turning right on Hampton Street, and right onto...

What is the Skinny on Deeds in Lieu of Foreclosure..?

by Fatima Khokhar | Jul 1, 2010 | Banking And Finance, Naples Area Market Conditions

A deed in lieu of foreclosure is “one of the oldest concepts in real estate”, though it has recently surged back into the limelight given the current climate fostered by the abundance of short sales and foreclosures in our market. What exactly is a deed in...

America’s Wealthy Choose Collier County (Naples)

by Fatima Khokhar | Jun 10, 2010 | Naples Area Market Conditions

Yahoo reported that Forbes.com has outlined the top counties in the United States where wealthy individuals have choosen to move to based data supplied by the IRS. Collier County topped the list as tax return accounting identified 15,150 people moved to the area in...

Beach Conditions Report Upgraded to Provide Impacts of Oil Spill

by Fatima Khokhar | Jun 10, 2010 | Naples Area Market Conditions

The Beach Conditions ReportTM, was created by Mote Marine Laboratory in 2006 and provides up-to-date information about red tide impacts on local beaches.  It has expanded its capabilities to include impacts from the oil spill created when the Deepwater Horizon oilrig...

Out and About in Naples over Memorial Day Weekend

by Fatima Khokhar | May 26, 2010 | Buzz Around Naples

If you are a fan of open air markets, Third Street South Farmers Market in Olde Naples is a perfect way to spend your Saturday morning. The Patty & Jay Baker Museum of Art is hosting Associated American Artists which highlights members’ etchings, wood engravings,...

Naples Buyers Take Note, Sales of Condos and Single Family Homes Rose in Q1 2010

by Fatima Khokhar | May 10, 2010 | Naples Area Market Conditions

Florida Realtors has reported the sale of existing single family homes throughout Florida rose 24 percent in the first quarter of 2010 as compared to the same time period in 2009. A total of 38,846 single family homes were sold statewide in Q1 2010 as compared to...
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