Tegan DeClark

Welcome to Naples, Florida.  World renowned for the high-class lifestyle, a winter retreat for celebrities and fortune 500 CEO’s.  Naples has some of the most exclusive addresses in the country.  Where extraordinary mansions set along a beach which was once voted by the travel channel as America’s best all-round beach.  Where the county for which Naples is located is rated as the highest income per-capita in Florida and the 20th highest in the country. You may wonder how on earth you could even vacation here, let along be a year-round resident. Can you live in paradise for far less than the average home sold in the United States? The answer is, yes. The real estate bubble did hit here and it hit hard, many greedy investors and speculators looking to get rich over night, jumped in too late and too high.  Now though, prices are down to as low as 2001 values.  How abou... (more)

Agents To Pay For Buyer Stimulus

The website, Lookflorida.com states: 'A group of Florida real estate agents have agreed to participate in the FREBS program.  These agents will give you  a cash stimulus at closing on your Florida real estate purchase.  You could be eligible for up to $150,000' The stimulus program is an initiative to help buyers with closing costs, but could end up doing a lot more.  Like many recent cash stimulus programs, such as 'Cash for Clunkers' there needs to be plenty of money behind the project in order to make it successful.  To fund this program, the agents involved will give a portio... (more)

Marco Island Home Sales Increase 30% over 2008 Sales

According the Marco Island Area Association of Realtors (MIAAOR), Home sales last month on Marco Island are up 16% from last month and up 30% from August '08. The average sale price is also up 40% from last year to $786K. Condominiums sales are slowed from last month, down 35%. More dramatically though, the average sale price is down 55% to $308K from last August. The least expensive single family home on Marco Island is $179K and the most expensive is 1572 Shores Ct for $9.9M. The least expensive condo is $69K and the most expensive is the Madeira beachfront penthouse for $7.45M ... (more)

First Time Home Buyers Find Lowest Interest Rates and Housing Prices in 8 Years

Distressed properties, such as foreclosures accounted for just over half of all transactions in March. Current average home prices in historically exclusive areas such as Southwest Florida are dramatically down, the average sale price of a single family home last month was $486,418 compared to $1,039,786 in February 2005 The government is giving a tax credit of up to $8,000 for first-time homebuyers who purchase a home before December 1, 2009. To qualify, the buyer must not have owned a property in the three years prior to purchase. Long-term mortgage rates have hit record lows rec... (more)

Australia Is Ready for Next Big .Thing

The decision taken by some of the country’s State Governments to make a gTLD application will put Australia’s capitals on par with some of the world’s most innovative cities including, London, Paris and Tokyo. On June 20th, 2011 The Internet Corporation for Assigned Names and Numbers (ICANN) announced its intention to release generic Top Level Domains (gTLDs) to established entities anywhere in the world. For a limited three month window, starting on January 12th, 2012, companies, cities and organisations can apply to operate their own gTLD registry, .sydney and .melbourne for e... (more)