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Naples area ranked best in the country

On Behalf of | Aug 24, 2018 | Residential Real Estate |

An area here in Collier County has been named the best neighborhood in the entire country. According to ATTOM Data Solutions, the Pine Ridge neighborhood, located in Naples, ranked highest out of the 11,000 neighborhood housing markets it studied. The rankings are based on six criteria:

  • Affordability
  • Crime rates
  • Home price appreciation
  • Property taxes
  • School scores
  • Unemployment rate

The company’s 2018 Neighborhood Housing Index included two other southeastern neighborhoods — one in Alabama and one in North Carolina — in its top five.

An official with ATTOM acknowledged that areas with high-priced homes often have lower crime rates and better schools than those with more affordable housing. However, he noted that “there are still many top-notch neighborhoods with more reasonably priced homes.” He pointed out, “The top five neighborhoods in this ranking represent a diverse set of markets across the country, illustrating that great neighborhoods come in many different forms.”

Of the metropolitan areas in which the top five neighborhoods are located, however, the Naples area had the second-highest median price, at just under $633,000. That was second only to an area in northern California.

Information like this can boost home sales and prices. Of course, that’s good news for both residential and commercial property owners and investors. It can spur real estate transactions and positive movement in the market.

Whether you’re buying or selling, Florida real estate transactions can be tricky. An experienced Florida real estate attorney can help you draft the necessary documents for your transaction, review documents drafted by others and provide guidance on a number of issues. This can help save you money, time and hassle down the road.

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