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Naples Florida Real Estate Blog

Posted on Monday, August 11, 2008
An estimated 25-40 percent of condo conversions have switched back to rentals, nationwide. This could impact Naples real estate . Property owners have been unable to sell these converted condominiums and are encouraging tenants to come back. At this time, rental costs have increased by 12-15 percent, but that price is set to even out as more conversions occur. Watch for for changes in Naples.

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