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Thursday, June 21, 2007 |
Welcome to my online journal, known as a “Web log”, which will offer you my opinions, predictions, revelations, and hot off the press news flashes on topics which affect Naples real estate, and can influence the decisions my sellers and buyers make. My committed clients are invited to communicate with me for more in depth information about a listing or investment I recommend. Those of you who have benefited from my advice and come to trust me know I have fairly strong opinions about the choices my clients make! It pleases me to share the many years of experience I have had learning real property exchange and learning the Naples area.
Happy sunshine,
Nan
Naples beachfront estate sold for $40 million
The deal sets a new record beating a $24.8 million record sale made through the MLS in July 2005.
To read more, please click on the link below
http://www.naplesnews.com/news/2007/jun/19/40_million_port_royal_home_sale_new_collier_record/?print
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Thursday, June 07, 2007 |
The Naples City Council on Wednesday approved spending $741,305 to design a downtown parking garage.
To read more Click here
http://www.naplesnews.com/news/2007/jun/06/naples_council_approves_design_parking_garage/?print
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Wednesday, June 06, 2007 |
Federal Reserve Chairman Ben Bernanke stated yesterday that nationally, residential construction will remain, “subdued for a time until builders can pare down a backlog of unsold new homes”. In Naples’ unique 2nd, 3rd 4th home community, I am able to cherry pick some stunning opportunities from some of our developers. I need only to know what your needs and activities of choice are and I can swoop in on the best values. Resales of both single family and condos/villas in the markets I specialize in have continued to move, much more slowly than in the last few years, but steadily. Properties above $1,000,000 and especially well above, have sold well if they are priced fairly. Seller’s under $1,000,000, and especially under $600,000, have had to play the waiting game. My sales this year, as usual, are with clients/customers who have established a relationship, often long term, with me and depend upon my suggestion as to timing and selection. I use email attachments to keep my buyers and sellers abreast of the movement in the market. Please peruse my featured listings on the website, and complete a buyer preference form so I may also assist you!
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Sunday, May 06, 2007 |
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Is the market turning around?
After Easter is typically when realtors start to see the end to the busy winter season, however this year might be different. Calls and showings have really picked up in the past few months. Buyers who were on the sidelines, have stepped up and started making deals. I personally have had a wonderful first quarter and it looks as if the second will be also. I have spotted some ideal buys, and priced my listings to be extremely desirable. Sales are running at about the same amount as last year which shows the market is no longer going down, but sideways. In Greater Naples, there is still nearly a three year supply of homes on the market. Last week, 11,800 single family homes and condominiums in the Multiple Listing Service. That number is actually down from the 12,123 active listings on April 1. Currently, buyers have a fabulous selection as well as some excellent negotiating leverage. The market is described as being stable. Where the first quarter sales were down from last year, they were still up from that of the 4th quarter of 2006. The median home price was $399,512 the first quarter, which is down from the $443,950 a year ago, but the current median is still up from the 4th quarter of 2006 when they were $375,000. My market of top golf course communities, properties with docks and properties West of 41, (Tamiami Trail), are still the best investments and are appreciating but at a rate closer to 5% than the 20-100% of recent years.
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