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The Naples and Marco Island Real Estate market encompasses a very large geographical area with thousands of homes. With just a few questions we are able to get a pretty good idea of what it is you are looking for. If you would like us to do the legwork for you, Contact Us
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Our Blog covers topics such as the latest developments in the market, new listings, a feature community of the month, and other information vital to you whether you are buying or selling a home in the Naples and Marco Island area.
Market Update March 2010
The Real Estate market in Naples is definitely heating up with over 3,200 homes sold in the last 90 days. If these trends continue we can hope to see further stabilization in our market. While it is still too early to tell the effects on pricing, it may make sellers less likely to give large discounts off of list price in hopes of receiving multiple offers before the end of May. For a full breakdown of the sales numbers for Naples by price range and time, please visit our March Market Update Post
Naples 12 month report for pending sales
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Buying Land and New Construction >The Zoning Variance
When you are selecting land on which to build your new home, be certain to investigate the zoning for that particular area. You might fall in love with rural acreage that just happens to be zoned for agricultural or recreational purposes. Since zoning uses are not interchangeable, you would need to apply for a variance in order to build a single-family residential dwelling on the land. This can be a challenging process!
Getting approval to have the zoning changed on property requires that you first give public notice, and then request approval for a variance from the government agencies that supervise enforcement of the zoning plan. You might encounter resistance from neighbors or various local interest groups who oppose the zoning changes that would allow you to build your dream home. Your local planning department can tell you how a particular property is zoned and explain what you need to do to get a variance. Your real estate agent may be able to refer you to a local land use attorney who can guide you through the process.
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
The Roller Team Premiere Plus Realty 749 12th Ave. S. Naples, FL 34102 Phone: 239-289-3823 Fax: 866-542-0597 Walter@TheRollerTeam.com
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