Naples Florida Real Estate Blog

Posted on Tuesday, July 08, 2008

Applications for Naples home mortgages rose 2 percent in mid-September, according to Reuters. Applications are at their peak level since last April. This increase was a result of two main factors.

The first is a drop in interest rates by the Federal Reserve. With a lower interest rate, more homeowners are urged to refinance. The second component is the excess of homes on the market. Prices are driven down with a surplus of homes.

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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.
These data are up-to-date as of 3/16/2010 and are updated every 4 hours. Some properties that appear for sale on this website may subsequently have sold and may no longer be available. For the most current information, please contact us using this form, or click on the "Request More Info" button in the details of a property.
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