February 2010 Naples Real Estate Report
The Naples real estate market is in full recovery mode. Number of transactions in February 2010 represents the highest number in last four years. Number of transactions, now for the fifth consecutive month, exceeded all three segments by large margins. Sales activity in the intermediate market (300k-999k) was very strong posting a 56% increase. Total for the month of February sales increased by 40%.
Folks, do not continue to ignore these indicators hoping for better deals. Last month I went on the limb and predicted that prices may have bottomed and could be headed up.
Do not miss your opportunity to take advantage of the best Buyers market in the history of Naples. Call me BEFORE time runs out.
This report is also posted on my blog which can be accessed on my web site.
Jim
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