NOYB wrote:
"basskisser" wrote in message
oups.com...


It is Nirvana. And the high demand for real estate proves it.

Homes in Oakland, CA go for two or three times that. It is a crime
ridden hole, and is rife with homelessness, unemployment, murder,
gang
activity, etc. So, to say that real estate prices define Nirvana,
is
absurd.
Now, if you go he
http://money.cnn.com/best/bplive/details/1247625.html
You'll see that the average price of housing in Naples is $166k,
and
the national average is $219k. Using your analogy that Nirvana is
defined by housing costs, you'll see that Naples is much below
average....


Hmmm. My link says that the median home price in Naples is $453,482.
http://www.internest.com/city/naplesfl.asp

Here's another link:
http://www.internest.com/city/naplesfl.asp

" In 2001, Naples appeared as #142 in a list of the US most wealthy
towns,
with a median home price of $632,205. Even if you take into
consideration
that the data may have come from a skewed source, it's not totally
out of
line, if you consider that the US Census Data, notorious for being
low,
shows Naples in 2000 with a median price of $416,000 which is almost
4 times
the national median price. "

Now that we've establised that the "median home price" is about 4
times the
national median average, how does the "average home price" compare?

From 2000 census data:
Naples: $185,605
US: $121,000
http://www.homegain.com/local_real_e...FL/naples.html


There's something wrong with the data in that money/cnn article. I
suspect
it's from the 1996 census. Of course, the average home price went up
57%
from 1996 to 2003.
http://www.escapehomes.com/cities/Naples.htm


From my own personal experience:
I bought a house in 2001 for $409k and sold it last April for $560k.
I
turned around and bought a house on the water for $825k. The prior
owner
paid $320k for it in 1997. Down the street, the same house, in the
same
square footage, and built the same year as mine just sold for $1.225
million...and they don't have a hot tub and a pool. That's in 8
months.
When I bought my house, there were 43 homes for sale in my
neighborhood...and only 9 of them were under a million. Now, there's
32
homes for sale, and only one of them is under a million...and it's
1500 sq
ft listed at $879k.

Why don't you satisfy your own curiousity, and browse the homes for
sale in
Naples.
www.naplesarea.com

Do a search for homes from $2 million to over $20 million. You'll
get an
error message saying that you need to refine your search because it
returned
more than 250 homes. Do a search for homes priced between $150k and
$200k
(you said the average is $166k, right?). What do you come up with?
Less
than 40...and all in Lehigh Acres or Golden Gate Estates. Now refine
your
search a little. Use the same prices, but limit it to single family
homes.
Now make sure you exclude Zone 8 (Lee County) and Zone 7 (Golden Gate

Estates). How many homes do you come up with? Two. One is 1200
ft^2 and
the other is 1000ft^2.

How can there be more than 250 homes over $2million dollars, and only
2
homes under $175k, and the "average price" be $166k? Answer: there
can't.
The CNN/Money numbers are wrong.


Hehe!! I give many non-influenced sites, and NOYB, in his desperation
to make Naples appear to others that it's better than Oz, gives local
real estate sites. Gee, you don't think they are biased, and stretch
the truth do you?