Naples tops pricey listThe debate over whether a real estate price correction is around the corner is continuing with no definitive answers, but a new study says Naples is the most overvalued market in the country. The third-quarter study, which examined 299 metropolitan areas in the country, puts the Naples[…]

Naples most overpriced

New construction plagued by shortages Home construction dropped sharply in November in Collier County, thanks in part to material shortages made worse by Hurricane Wilma and a maturing market that continues to see a slowing of growth here. The number of single-family houses and condominiums permitted in November in Collier[…]

Construction material shortages

266 golf community lots to be auctioned An auction of Quail West estate home lots in Naples this weekend will be a good litnus test for the strength of the local luxury home market. This is a unique approach by Orlando based Ginn Company to market a high-end community. Lot[…]

Quail West lot auction

Naples & Cape Coral climbing overvaluation index Naples topped the Global Insight/National City home overvaluation index for Q2 05 with a 79.4% overvalued rating, up from 3rd place and a 61.9% rating in Q1 05. Cape Coral ranked 34th nationally in Q2 05 with a 44.1% overvalued rating up from[…]

Overvaluation challenges

Median Collier home price hits $500,000 Collier County median home prices hit $500,800 in August and continue to be the highest in Florida. This figure was up from $397,300 in August 2004 and up from $490,400 in July 2005. My hunch is that these figures will continue to rise as[…]

Collier prices tops in state