THE NEWS KEEPS GETTING BETTER AND BETTER!

N.A.B.O.R. (Naples Area Board of Realtors) just released their monthly report for February and the news continues to get brighter and brighter.

Pending sales for February 2008 versus February 2007 showed an overall increase of almost 70% and reaching a level not seen in the past three years. One of our brokers at Downing-Frye Realty was quoted as saying that he is seeing multiple offers on properties, something that he has not seen since 2005. His prediction is that the firm will have a better season than it has had in the past four years, and if our team sales are any indication, he will certainly be correct. We are finally seeing many of the fence-sitters talking action with authority and that has been driving our sales.

A copy of that report can be found on the home page of our website at: www.previewnaples.com and clicking on Free Market Report.