Moraya Blog

2010
09.30

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NEW YORK — Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 20 years.

Mortgage buyer Freddie Mac  says the average rate for 30-year fixed loans fell to 4.32 percent, the lowest on records dating back to 1971. That’s down from 4.37 percent the previous week and equal to the average rate reached four weeks ago.

The average rate on 15-year fixed loans fell to 3.75 percent, the lowest on records dating back to 1991.

Rates have fallen since spring as investors poured money into the safety of Treasury bonds, lowering their yield. Mortgage rates tend to track those yields.

Isn’t it time you bought the beachfront property you always wanted?

2010
09.22

MORAYA BAY TAKES HOME 14 SAND DOLLAR AWARDS


September 214137, 2010 – NAPLES, FLA. –Moraya Bay, a luxury beachfront high-rise, earned a record 17 Sand Dollar Awards during the 20th annual awards ceremony. Presented by the Sales & Marketing Council of the Collier Building Industry Association (CBIA), the Sand Dollar Awards recognized excellence across 60 categories, with 116 awards presented during the evening ceremony at Naples Grande Beach Resort.

“From concept to completion, we truly believe that Moraya Bay offers an exceptional beachfront lifestyle experience, and to have that formally recognized by our industry peers is especially rewarding, said Inga Wilson, Vice President, Sales and Marketing, Moraya Bay.

Moraya Bay earned Sand Dollar Awards for:  Product Design of the Year, Multi-Family Home, $1,750,000 plus; Best Interior Design of the Year, Multi-Family Home, $3,500,000 plus (2 awards); Best Pool Design for a Developer; Best Master Suite $3,500,000 plus; Best Kitchen Design for Private Residence, $3,500,000 plus; Best Flooring by an Interior Designer; Best Use of Custom Wood by Interior Designer (Crawford + Associates); Best Specialty Feature for a model home by an interior designer; Best Clubhouse Interior, Moraya  Bay Beach Club, Crawford + Associates Interior Design; Best Logo by Builder (B-Squared Advertising), Moraya Bay; Best Brochure by Developer (B-Squared Advertising), Moraya Bay; Best Magazine Ad, Moraya Bay (B-Squared Advertising); and Best E-Marketing Campaign, Moraya Bay (B-Squared Advertising).

Moraya Bay Beach Tower is the culmination of two decades of Signature Communities luxury residences and a history that includes development of prestigious neighborhoods within Pelican Bay and Pelican Marsh, and the communities of Regatta and The Dunes. In its history, Signature Communities has built over 4,000 luxury residences in Naples.

Moraya Bay is located at the northernmost end of Gulf Shore Drive. The views to the north extend for three miles across state and county park-protected conservation areas beyond Wiggins Pass to Barefoot Beach Park. Additional information is available by calling (239) 514-5050 or by visiting www.morayabay.com