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WHO SAID IT'S ALL GLOO0M AND DOOM?
Posted by V.K. [Mel] Melhado P.A. on Thursday, November 13th, 2008 at 9:38am.
The news continues to be bad regarding the state of the economy, most especially in the financial sector, but one thing is for sure, real estate sales in Naples just keeps getting better.
Our company, Prudential Florida Realty, had the best month for new contracts since June of 2005. New contracts for the month of October were up a whopping 143% over the same period in 2007, as well as 56% over the month of September 2008. (See the graph here) Showings are up substantially to further bolster the business.
So is the news all bad, we don’t think so. As a matter of fact with pricing where it is, we feel that there is opportunity everywhere. Correctly priced homes are on the money!
V.K. [Mel] Melhado PA
Downing-Frye Realty, Inc.
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