Naples Florida Real Estate Blog

Posted on Thursday, April 03, 2008

Nationally, an estimated 25 to 40 percent of condominium conversions have gone back to rentals. Naples real estate could be affected by this transformation. Homeowners have been unable to sell these converted condominiums and are encouraging tenants to come back. Rental prices are likely to even out as more conversions take place, but so far, prices have grown by 12-15 percent. Watch for for Naples conversions.

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The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than John R. Wood, Inc. Realtors are marked with the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.
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