Naples is now undervalued?

This video talks about NAPLES BEING UNDER VALUED? (see comments at 3:30 in)

CNBC.com: VIDEO: Finding Housing Market's Basement:

Finding Housing Market's Basement
We may be starting to see the first rays of sunshine on a possible end to the housing crisis, reports CNBC's Diana Olick. Richard Dekaser, of National City, and Patrick Newport, of Global Insight, discuss.

http://www.cnbc.com/id/15840232?video=859022956