WHEN DOES IT GET BETTER ?

In early 2005 CNN and other media sources were saying Naples Fl. was the most "over priced market" in the country for real estate. That was shocking then. The decline that followed initially looked like an "adjustment." We all know how steep that adjustment was in fact.

The above chart was recently displayed in the Naples News. It relates to New Building Permits in Collier County. Look at this year and 2003, when things were thought to be "OK." Now five years latter new construction has hit close to bottom.

Hopefully things will start getting better.