Statistics Do Not Lie

As I have been telling many of you, it has not been this busy in over 3 years! I have evidence to support this now.

Pending Sales
February ’06 - 544 March ’06 - 612 April ’06 - 525
February ’07 - 464 March ’07 - 578 April ’07 - 494
February ’08 - 488 March ’08 - 609 April ’08 - 609

To sum it up, there was a 23% increase in pending sales April ’08 vs April ’07!

What has fueled the increase in transactions? LOW PRICES. It’s that simple. People are getting on board again. The truth is that this will prove itself time and time again over the next 12 months.

Pay attention. This is the most important point you will read.

In the coming years people will look back at 2008 as having been an incredible opportunity to buy real estate in Naples.

I don’t think people up North realize how much values have dropped here. Let me give some examples;


This home is on a golf course. It is ‘bank owned’.

Home is over 4300 sq ft. 5BR/4BA 4 Car Gar
Just Listed - $353,900

This home is on 2 lots west of 41. It is ‘bank owned’.

This home sold for $715,000 in Dec ’05.

Just Listed - $199,000

2BR/2BA condo with great lake view!

Sold for $310,000 January '06.

Just Listed $131,000

The bottom line is that people that have been on the fence about buying...GET OFF THE FENCE. If you are still on the dock in 2009 your ship will haveleft the port.

I have directed my focus on helping buyers get great deals. My clients and I will focus on buying property owned by corporations. These include:

Foreclosures, Bank Owned Property, REO's (real estate owned)

I am dedicating a site this month soley to these listings. I will let you know when it is launched.

BankOwnedNaples.com

It is my goal to make buyers informed. If you have any specific questions please email me at Tim@eNaplesRealEstate.com