With Naples, Florida real estate markets showing much strength through the summer months and the luxury home markets of Olde Naples, Aqualane Shores, and Port Royal specifically selling prominently and leading this strength in what would otherwise be our slower months, we at Gulf Coast International Properties could hardly be more pleased. 2Q Condo sales are up 14% vs 2Q 2010! Home sales are up 1% overall in Florida compared to a 5.4% decline nationwide year over year. Further justifying the improvements of the local luxury home sales in Naples is the continued reduction of inventory. The available inventory surplus is at decade-low levels after two fantastic seasons of sales in 2010 and 2011. The waterfront real estate within the prestigious neighborhoods of Aqualane Shores and Port Royal is down approximately 35-40%. And single-family homes and lot availability in the beachside community of neighboring Old Naples are down nearly 50%.