Bay Colony - Closed Sales

Bay Colony Shores & The Estates at Bay Colony Golf Club November 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active


Source: SunshineMLS, Inc.
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Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
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Bay Colony - Closed Sales

Bay Colony Shores & The Estates at Bay Colony Golf Club October 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
1 Closed

Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony - Closed Sales

Bay Colony Shores & The Estates at Bay Colony Golf Club September 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
2 Closed

Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony Luxury Homes Closed Sale Report

Bay Colony Shores & The Estates at Bay Colony Golf Club June 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
2 Pending
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony Luxury Homes Closed Sale Report

Bay Colony Shores & The Estates at Bay Colony Golf Club May 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
2 Pending
1 Closed
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony Luxury Homes Closed Sale Report

Bay Colony Shores & The Estates at Bay Colony Golf Club April 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
2 Pending
1 Closed
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony Luxury Homes Closed Sale Report

Bay Colony Shores & The Estates at Bay Colony Golf Club March 2009, Closed Sale information: Homes $1,000,000 and up.

7 Active
2 Pending
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bay Colony Luxury Homes Closed Sale Report

Bay Colony Shores & The Estates at Bay Colony Golf Club February 2009, Closed Sale information: Homes $1,000,000 and up.

12 Active
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com

Bargain-Hunters Descend, Cash in Hand

Falling home prices are spurring an increase in all-cash home sales in markets that have been hardest hit by the foreclosure crisis, an indication that bargain hunters have descended on the markets looking for deals.
Cash sales are up even more in many Florida markets. In Miami, cash offers accounted for 30% of sales last month, according to a report by Thomas Lawler, a housing economist based in Leesburg, Va. That share more than doubled in Gulf Coast communities such as Punta Gorda and Englewood, Fla., where cash financing accounted for 65% and 60% of sales, respectively.
Cash sales are typically higher in Florida than in other markets, in part because the state attracts lots of foreign buyers and retirees who are more likely to plunk down their savings without taking out a mortgage. But a number of cash buyers these days, in Florida and elsewhere, are also investors scooping up distressed properties and affluent families seeking relatively inexpensive vacation homes.
In some cases, cash buyers are finding that they can get a deeper discount by making an all-cash offer. In markets with a glut of foreclosed homes, lenders are becoming more aggressive to sell "simply because there aren't enough first-time home buyers around to sop up the excess supply," Mr. Lawler says.
source: wsj.com
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Bay Colony Beachfront Real Estate - Closed Sale Info

Bay Colony Shores & The Estates at Bay Colony Golf Club January 2009, Closed Sale information: Homes $1,000,000 and up.

12 Active
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Naples FL Luxury Beachfront Specialists
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High-end beachfront lots still selling in slower economy

Brett Brown, president of the Naples Area Board of Realtors, said the pricing for beachfront lots in Naples has strengthened this year. Selling prices are close to where they were at the peak of the market in 2005.

A check of the Naples area Multiple Listing Service shows four waterfront lots have sold this year for more than $6 million, he said.

The most expensive lot went for $11 million. At 777 Gulf Shore Boulevard, it closed in July. In April, a lot at 76 13th Ave. S. sold for $6,150,000. Another one at 3690 Gordon Drive went for $6,275,000 earlier this year, Brown said.

“I think the story here is more than anything we’ve had four very strong sales of lots,” Brown said. “In the high-end of the market, we are not seeing that must sell, desperation market.”

Source: Naplesnews.com
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Bay Colony Luxury Real Estate - Closed Sales

Bay Colony Shores & The Estates at Bay Colony Golf Club December 2008, Closed Sale information: Homes $1,000,000 and up.

14 Active
Source: SunshineMLS, Inc.
Search Bay Colony Luxury Beachfront Homes for Sale
Contact Larry & Mary Catherine White Naples FL Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com