Found 23 blog entries tagged as Real Estate.

"StrOng Summer Ahead!"

According to the April 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), Collier County enjoys a 7.76 month supply of inventory compared to a 4-month supply nationally. This is great news for Naples REALTORS® as they transition from a very busy high season to what broker analysts believe will be a very strong summer.

 

To discuss market conditions in further detail... message us below or call us directly at (239) 438-1102 

 

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February Market Report Shows High End Properties in High Demand

Naples, Fla. (March 16, 2018) - Buyer interest in homes over $1 million in Naples continued to climb during February as overall closed sales increased 10 percent to 672 homes sold compared to 613 homes sold in February 2017, according to the February 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).

 

QUESTIONS?

 

 

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Good Question!

CDD stands for Community Development District.

The short definition is: New Communities are taxed by the city in order to pay for the improvements necessary to accomodate all of the new residents that will be moving into that area. Now the developers of those communities do not want to pay that tax, so they are passed on to the home buyers whom purchase their New Homes. The CDD tax is a fixed amount, and is spread out in smaller amounts that are added to your annual tax bill. When a New Owner sells the home, the remains balance is transferred to the new owner. That is my definition of CDD... for a definition from a much smarter person, see below. ;)

A Community Development District (CDD) is a local, special purpose government…

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