Amid the discouraging news about the real estate industry comes an upbeat assessment of the Naples housing market.

Toll Brothers CEO Robert Toll, in a recent TV interview with Jim Cramer on his Mad Money show, declared “Naples is back,” giving the community an A-minus grade, up from a failing mark a year ago.

The bottom line: prices and sales are up, at least where his business is concerned.

To see the interview, visit http://www.cnbc.com/id/15840232?video=740345209&play=1 and watch minutes five and six of the video.

Thanks to Andy D’Jamoos for the tip about Toll's appearance.