Inventory levels help define the state of an area’s housing market. It is some experts opinion that 12 months of supply signals a more balanced market. The relationship between supply and demand is simply determined by dividing the number of active listings by the number of closed sales in […]
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IRS withholding amounts under FIRPTA ( Foreign Investment in Real Estate Property Tax Act) have increased. If a seller of United States real property is a “foreign person” as defined by FIRPTA, the IRS requires the buyers of the property to withhold up to 15% of the amount realized […]
Read more →Pelican Bay is a luxury real estate area in Naples spreading over 2,000 acres nestled between the Naples Grande Beach Resort to its’ south, the Ritz Carlton to its’ North and over 2 miles of the glistening white sand beaches of the Gulf of Mexico to its’ west. Pelican […]
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