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Naples Collier County
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Old 06-25-2006, 01:18 PM
 
23 posts, read 67,637 times
Reputation: 10

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When I came to Naples, about 2 years ago, from Philly, it was still affordable, but I wasn't in a position to buy (my husband hadn't transferred yet). We are renting now, getting our savings together. I am an elementary teacher, so right there you know the aroundabouts of my salary, and my husband is a mailman, so he only makes a little more. We would love to stay in Naples, and own a single family home...but the prices are outstanding! A little tiny house for over $300K! I am hoping that in the next 2 years (we are renting for 2 years), prices go down so that a single family home will be in the 200 houndred thousand, but if they don't, I am afraid that I might have to up and move!

I hate that the job I have, and the job my husband has, shouldn't ever make us pull teeth to make ends meet, but in Naples, that is how it will be. I hope things change!
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Old 06-25-2006, 04:43 PM
 
Location: On the plateau, TN
15,205 posts, read 11,637,550 times
Reputation: 10010
The only way I see a $300k home coming down to $200k is after a major storm.
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Old 06-25-2006, 10:03 PM
 
Location: Springfield MO for now :(
393 posts, read 1,680,972 times
Reputation: 268
Wink Try sarasota!

For awhile "they" said Sarasota would be the next Naples when the prices were skyrocketing in 04 and 05. Well, now the market is leveling off, and the prices are now falling. Lots of incentives that the new builders are offering to move their already builts. Resale house prices are dropping also. So the house you would have paid 300K for last year has dropped quite a bit. Good deals available, but you need to look around. Some folks still think they can soak someone, but their houses sit, some have been trying to sell at peak prices. Those days are over for now. Still lots cheaper than Naples.
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