Naples, Florida has a Lot to Offer

With a growing reputation, Naples, Florida, a small little hideaway on Florida's southwest coast, is becoming the new place to be and is being compared to Palm Beach. For more info about homes naples, follow the link. The Village on Venetian Bay, The Waterside Shops, and Coastland Center are just a few of the elegant shopping options that Naples has to offer, drawing in some of the nation's wealthiest residents.

Although shopping is definitely a major selling point, Naples is no slouch when it comes to cultural offerings. For art lovers, there is an array of fine art galleries, museums and The Philharmonic Center. For those with more leisurely tastes, there are countless golf courses, boating, tennis, and water sports off the beautiful white sand beaches.

WIth all of the wondrous offerings of Naples, it should be no surprise that housing can be very pricey. Due to the horrendous housing crisis, which significantly lowered housing prices, Naples real estate is definitely more affordable than in past years. Some homes lost nearly half their value during those rough years, which was a good thing for buyers. Follow the link for more information on naples condos. As the housing market gradually improves, prices on Naples real estate will begin to increase, but for now, there are still tons of great deals available.

Pending and closed sales had grown by ten percent by the end of 2011 and inventory decreased nineteen percent, as stated by the Naples Board of Realtors. Due to less inventory, buyers are now beginning to hone in on bank foreclosure deals, creating bidding wars.

With the clouds on the housing crisis beginning to break, new construction is on the rise. There is a lot of active construction on development projects that had to be placed on hold due to a lack of buyers during the housing crisis.

There are many condos, new communities, as well as single and multi-family homes, with distinctive styles including Old Southwest Florida and Mediterranean. These communities come with top-of-the-line amenities such as pools, tennis courts and workout facilities to attract investors. With these new developments inundating the market to meet supply and demand, prices will surely begin to rise. In the Naples market, it is definitely better to act quickly; waiting on a good deal may cause you miss out on a the low prices that are available now.

Naples offers some of the most amazing waterfront views, which is a plus for developers in pricing their units. Naples will continue to be recognized for it's opulence and magnificent offerings, as well as the appealing tax policies and lease incentives, which guarantee that this small town will continue to thrive. Take a look at the olde naples. Visitors and residents alike will love all of the great offerings of Naples.