Court Upholds Homestead Exemption Restriction

In the 1980’s, Venice Endsley signed over her rights to a home in Indiana to her husband. In turn, he signed over his rights to a home in Lauderdale-by-the-Seas to his wife. She had a homestead exemption on the Florida home, while her husband had the same on the home in Indiana. The Broward County […]

NATIONAL HOMEBUYERS TO BOOST NAPLES ACTIVITY

The nation’s homebuyers are expected to outnumber home sellers this spring, which will likely drive up asking prices, says Lawrence Yun. chief economist for the National Association of Realtors (NAR). This can be good news for the Naples area real estate sellers, who have been experiencing a decline in buyers during this winter selling season. […]

BUYERS BALK AT RISING PROPERTY PRICES

February MLS (Multiple Listing System) report from the Naples Area Board of REALTORS shows a rather dramatic drop in Closed and Pending Sales of both single-family and condominium properties in the Naples area. Upon a closer look, it is evident that continuing price increases may be the chief reason for the falling sales. Add higher […]

CONSUMER CONFIDENCE SLOWING HOME BUYING

The national Conference Board Consumer Confidence Index declined in February and appears to be stuck in March. The Index last month was at 92.2, down from 97.8 in January. MLS home closings in Southwest Florida have been weak since the start of the winter “selling season”, and more and more price reductions are being seen […]


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