The Federal Housing Finance Agency, tracking 292 U.S. metropolitan areas, has reported that home prices have fallen more than 6 percent in the past year. Bargins can be found just about everywhere and Naples is no exception, ranking No.2 overall. Naples is a popular destination known for its artsy side and the natural wonder of the nearby Everglades. During the real estate boom time Naples was overrun with investors but over the past year prices have plummeted nearly 33 percent. That has left new buying opportunities for people looking to move to the beach.
“The other top 10 markets are Stockton, Calif., at No.1, followed by Las Vegas at No.3, Fort Lauderdale, Miami, Napa, Calif.,Phoenix, San Diego, Detroit and Washington,D.C.”
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For information on Naples Real Estate and the current market conditions, please contact Dustin Beard at (239)289-2650 or visit www.DustinBeard.com.