The Fed's latest action of lowering mortgage rates to 5.5% (with no points and no origination fees) make it the ideal time to secure a loan.  These very favorable rates, coupled with adjusted home prices in Naples and Bonita Springs, present a perfect opportunity to consider real estate in Southwest Florida.

As the market is beginning to significantly recuperate in our area, savvy buyers understand the advantage of timing. With lower inventory, a 1% increase in the median price over the past 12 months, and an improved ratio of pended sales to new listings taken, it appears that the Naples/Bonita Springs area has reached bottom, unlike other parts of the country.

I read not long ago that one Wall Street analyst stated that buying waterfront property in Naples is like owning an apartment in Midtown Manhattan.  It's all about long-term value.

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and
click "older entries."

For additional information on the Naples and Bonita Springs area or to browse listings in Southwest Florida, visit: visit:www.4NaplesRealEstate.com

Posted by: Linda Loomis, Realtor
Naples Real Estate Agent
John R. Wood Realtors, Inc., Naples FL