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BUYERS NEWS 

AARP The Magazine's Healthiest Hometowns

By Sarah Mahoney and Brad Edmondson, September & October 2008

These cities have made robust living—and active retirement—a priority. After reading why, you might want to move there too. One of them is Deane and Chris' home of NAPLES-MARCO ISLAND, FLORIDA

Despite the area’s long building boom, Naples still deserves its real-estate nickname: Florida’s last paradise. At least 80 percent of Collier County’s land has been set aside as open space, protecting places such as Big Cypress National Preserve and Everglades National Park; biologists believe the Everglades is the only place in the world where crocodiles and alligators cohabitate.

 

The area has hung on to its small-town feel: its beaches and art scene (more than 134 galleries in the vicinity) are often voted tops in the nation. And for links lovers, it’s heaven: Naples–Marco Island has the second most golf holes per capita in the country. In our survey, residents got high scores for regular exercise, healthy eating, and not smoking, so it’s no surprise that the area also has one of the lowest cancer mortality rates going.

The downside is high housing prices and a high cost of living. Naples has been hit hard by the foreclosure crisis—but that means you might be able to find some bargains here.  READ THE ARTICLE

 

Sales up, prices down at Sun City Center, Saundra Amrhein, St Petersburg Times staff writer June 28, 2008

Heidi and Harry Oelgart moved to Renaissance in Sun City Center from New Jersey, lured by a house that they got for $345,000. It had been on the market for $458,000.
        [ Skip O'Rourke | Times]    

CHRIS WANTS YOU TO READ THIS - BECAUSE IT IS EXACTLY

WHAT IS HAPPENING RIGHT HERE IN FT MYERS AND NAPLES

SUN CITY CENTER — When Heidi and Harry Oelgart went online and saw real estate prices dipping in this vast retirement community, they hopped on a plane to Tampa. An agent showed the New Jersey couple a three-bedroom, lakefront home in the ritzy Renaissance section, which they purchased for $345,000 (a 2-year-old house that once listed at $458,000).  READ THE STORY

 

Fannie Mae scraps higher down-payment requirements - ALAN ZIBEL

Washington-based Fannie Mae said Friday it will require minimum down payments of 3 percent for loans made through its computerized underwriting system.
The new policy, effective June 1, replaces a December one that required a 5 percent down payment for home loans in areas with declining real estate prices. Fannie Mae predicts U.S. home prices will drop 7 percent to 9 percent on average this year.
READ ARTICLE

 

PROPERTY TAXES
Contrary to popular opinion, city and county governments cannot easily raise tax rates to make up for any income deficit created by the January 2008 passage of Amendment 1 which cut taxes on homes. A local tax increase now requires approval by a super-majority of officials, and it must be called a "tax increase" if considered. READ STORY

Pending Home Sales Up Month over Month CNBC Jun 9, 2008. 10:00 AM EST A look at the latest pending home sales numbers. "BARGAIN HUNTERS HAVE ENTERED THE MARKET EN MASSE" SEE VIDEO

 

COLLIER COUNTY HOME SALES SOAR IN APRIL

Report Shows Double-Digit Increases for Single-Family Homes and Condos

NAPLES, Fla. – May 16, 2008 – High season in Naples culminated in strong home sales and the busiest month this year for local Realtors®, according to a report released by the Naples Area Board of Realtors® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

“We are thrilled to report positive numbers for April in both the single-family home and condo markets,” said Arlene Carozza, NABOR president and Realtor. “Lower-priced properties continue to comprise the majority of transactions, but we are now starting to see sales increase in the higher-priced categories, which is indicative of overall market improvement.”

Mike Timmerman, a senior associate with Fishkind & Associates, agrees with the reports findings. “The passing of Amendment 1 has helped to motivate buyers and spur sales, including the high-end market,” said Timmerman. “In addition, dropped prices have made people contemplating a purchase decide that now is the time to buy.”

.

We can all breathe a sigh of relief. The housing crisis is over.
Mortgage News Daily - from Wall Street Journal - The Housing Bust is Over Mon, 19 May 2008 

At least that was the headline on the editorial page of the Wall Street Journal earlier this month when Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York made his case that the housing market is hitting bottom right now. (which is what Chris sees here in Ft Myers & Naples)   READ ARTICLE


May 13, 2008  Interviewed on CNBC,
Toll Brothers Builders CEO, says all backed up inventory of new homes in Naples has been sold, and they are raising prices in Naples Florida for their to-be -built homes.Toll Brothers is the nation's premier builder of luxury homes and is currently building in Southwest Florida.
Remember, Chris' will represent you as your LEGAL FLORIDA BUYER'S AGENT, free of charge for these lovely Toll homes, and any and all other Florida homes. Toll Brothers in Naples and Ft Myers at  EstatesVillas,  and  Vistas.

Energy bill heads to Crist BY MONICA HATCHER Miami Herald on Thu, May. 01, 2008

The Florida Senate gave final approval to an energy bill Wednesday, bringing new energy-efficient building codes, renewable fuel standards and several other initiatives to reduce greenhouse gases and reduce the state's dependence on foreign oil. The bill, approved by the House Tuesday, passed on a 39-1 vote in the Senate.It now heads to Gov. Charlie Crist, who has indicated he will sign it. While the bill has its shortcomings and could be stronger, it puts Florida at the forefront of the nation's climate change movement, its sponsors said. READ ARTICLE


     GET CHRIS's  PACKETS   SOUTH WEST FL  HOMES  UNDER  $200,000

   AND YES, BELIEVE IT OR NOT, EVEN

     GET CHRIS's  PACKETS   SOUTH WEST FL  HOMES  UNDER  $150,000

 

Buying and Owning a Home by FreddieMac

Huge online guide to the home buying process, designed to help you figure out if you are ready and willing and able for Home Ownership. ......  

READ IT ALL HERE FOR FREE

 

     HomeOwnership Right For You? by FreddieMac

Buying a home is a large purchase for all people. It is a fact that HomeOwnership has great benefits; and has responsibilities. Are you ready for homeownership? READ MORE

 CHRIS HAS TOLD SOME OF HIS PROSPECTS THAT HE DID NOT FEEL THEY WERE READY FOR OWNERSHIP!   

GET ON THE PHONE, DIAL OUR FREE NUMBER. TALK TO CHRIS ABOUT IT

Chris's FREE Credit Report page.

Chris can help you get your Federally offered free credit report or buy your Federally offered inexpensive credit scores.

      Credit and Homeownership by FreddieMac

If you're thinking about buying a home, you should also be thinking about your credit. The first step is......   READ MORE

                        "I think this is actually the biggest (real estate) bubble in U.S. history and possibly even world history."
                                      Robert J. Shiller,  Stanley B. Resor Professor of Economics
Yale University

 CHRIS's NEWS From

 

  CHRIS IS A PROUD MEMBER OF THE

REAL ESTATE BUYERS AGENT COUNCIL

EXISTING HOME SALES RISE IN FEBRUARY - WASHINGTON D.C. March 24, 2008 - 

Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association of Realtors®. They rose 2.9 percent to a seasonally adjusted annual rate of 5.03 million units in February from a pace of 4.89 million in January.                          AND THEN

Existing-Home Sales Slip in March - WASHINGTON, April 22, 2008 -

Existing-home sales edged down in March, remaining within a narrow range of sales activity that has persisted since last September, according to National Association of Realtors®. Existing-home sales – including single-family, town homes, condominiums and co-ops – were down 2.0 percent to a seasonally    READ ON ....       
  

REAL ESTATE  Roller Coaster -  No More Downs - Time to BUY BUY BUY

THE ROLLER COASTER HAS BEGUN  - THIS TELLS CHRIS BOTTOM IS HERE - TIME TO BUY


Chris wants to say please listen – sales are picking up - and bargains are beginning to be snapped up by buyers shopping for price reductions. Chris says RIGHT NOW is the Time To Buy!    "I think this is actually the biggest (real estate) bubble in U.S. history and possibly even world history." Robert J. Shiller,  Stanley B. Resor Professor of Economics,  Yale University.

This bubble shrunk down and this cooling down of the housing prices makes it a great time to buy a home in Southwest Florida. Homebuyers in Southwest Florida have never had so many thousands of new and re-sale home choices and at prices that are truly unbelievable. (Anyway, Chris can't believe it).  All types of homes available -golf course, waterfront, gated communities, single-family homes, villa and condo homes.

BUYERS BARGAINS will not continue. Many many 1000’s of homes are on market for 20% to 40% off in Southwest Florida. Take a peek at some typical reduced homes prices on our site then give Chris a ring. Just example of 1000’s  CHRIS' SAMPLE OF BARGAINS

Interest rates are low, and Southwest Florida property taxes and home insurance rates have been slashed - all in a beautiful, sunny, and prosperous area.

So if you've always talked about owning a home here in our warm and wondeful Florida, contact Chris to get started. But don’t you wait too long.

CNNMoney.com March 26, 2008 Mortgage application volume rises

Mortgage Bankers Association weekly survey says the number of mortgage applications filed increased 48% last week; jump driven by refinancings. Purchase volume increased 10.6%.   READ ON....

U.S. OFFICIALS WARN OF SCAMS TARGETING HOMEOWNERS  Federal officials say a wave of opportunistic scams are targeting innocent homeowners who are trying to avoid foreclosure in the current housing downturn.   READ ON ....

 

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