The Naples Area Board of Realtors recently released a report stating that May home sales in the Naples area saw an increase of 101 percent with 1,029 pending sales in May compared to 511 in May 2008. “The report tracks home listings and sales within Collier County, excluding Marco Island.” For the 12 months ending […]
Source: latimes.com If you have been postponing a purchase, sale or refi because the loan amount you need is too big for Fannie, Freddie or FHA, check out the new, non-Wall Street sources of jumbo mortgages. Major banks, like Bank of America, are originating big loans at affordable rates to keep in their own investment […]
A must see for any visitor to Naples, Florida is the historic Naples Pier. Originally built in 1888 as a freight and passenger deck, Naples Pier offers history and accessibility to all who visit. The Pier has one of the best beachside views for sunsets and dolphin watching. Fishing is also permitted from the Pier, […]
Naples Builder Kraft Construction acquired by Manhattan Construction Company Construction giant buys out Naples-based Kraft Manhattan Construction Company has acquired a controlling interest in Naples-based Kraft Construction Co. Inc. The deal will create one of the largest privately held general construction companies in Florida. “Manhattan Construction Group is a subsidiary of Rooney Holdings Inc., an […]
Latest proposed Naples budget holds tax rate steady. According to the latest proposed City of Naples budget, Paradise Coast taxpayers will not see an increase in their 2009 tax rate. They won’t see a tax break, either. The City of Naples is going to their rollback rate. This means the city will generate the same […]
Tropical Storm Fay: Plenty of rain, no major injuries Tropical storm leaves the Paradise Coast with plenty of rain, no major injuries or serious property damage. At around 5 a.m. on Tuesday morning tropical storm Fay came ashore over Cape Romano near Marco Island. Fay’s strongest sustained winds were measured at about 69 mph and […]