Once again we had the distinct honor of having Cindy Carroll, Florida State Certified Residential Real Estate Appraiser, as a guest speaker at the Coldwell Banker monthly business meeting at The Naples Area Board of Realtors. Cindy came chock-full of good information and reliable market statistics. I would like to share some of the highlights of her talk, much of which is based on data derived from our local multiple listing
Read MoreAnyone who has ever gone away on vacation can attest to the "Law of Murphy" which states something along the line of ..."just book a vacation then see how busy you get a few days before leaving"...Imagine if we all worked at that level of production all the time, think of how much we would all get accomplished! That is exactly how I feel I've been working lately...like there's some kind of crazy feeding frenzy going on! All
Read More2012 Economic Summit The New Future, A View from the Top The Naples Area Board of Realtors presented The 2012 Economic Summit last Friday April 13th. The keynote speakers included Lawrence Yun, Chief Economist and Senior Vice President of Research for the National Association of Realtors; John Tucillo, Chief Economist of the Florida Association of Realtors and head of the Industry Data and Analysis Department; Shelton Weeks, Department Chair of
Read MoreMORE GOOD NEWS! Recently released statistics, from The Naples Area Board of Realtors [NABOR], report more good news! Closed home sales, as well as sales pended, have increased 5% over the past 12 months. This data tracks all home and condo sales in Collier county excluding Marco Island, which has its own board. In addition to the increase in sales, our inventory is way down...an overall decrease of 17% less
Read MoreWould you like to have some Naples Real Estate in your shopping cart? Vacation and resort destinations have an entirely different set of rules when it comes to 'buyer urgency' when compared to other markets. Jerry Murphy, managing broker at The Park Shore Coldwell Banker office, always says, "There are two kinds of buyers in the world...those that 'need' to buy and those that 'desire' to buy". That goes for
Read MoreThere is never a lack of activities in this diverse town, that I can assure you, and this weekend is no exception. The Naples National Art Festival is consistently ranked among the top 10 art festivals in the country! Held in beautiful Cambier Park, there are over 260 artists showcasing their talents. Come on down this Saturday & Sunday, February 25th and 26th from 10 a.m. to 5 p.m. The
Read MoreHere is an example of what is presently happening in Old Naples.... So, we've had this one listing since January 2008....We began with an asking price of $499,000, which was right in line with the most recent closed sale at that time of $465,000. The property went on and off the market a few times over the years, while slowly chasing the market down, like many of the sellers...Numerous price
Read MoreInventory Is Down ~ Inquiries Are Up! January is now behind us, and Easter is early this year, which means we are now technically 1/3rd the way through our "season". There are a lot of buyers in the market place....open houses, floor time opportunity, sign calls and Internet leads have all increased substantially. Even the media, for the most part, is reporting good news on the real estate front. Inventory
Read MoreWhat is happening today in the Naples Real Estate market? Just released, The NABOR Market Report has some exciting and interesting statistics about the current state of the real estate market in Naples Florida. Several factors are coming into play regarding value, primarily supply and demand. The 2011 housing inventory ended at a 5 year low. Specifically, the number of properties listed below $300,000., which has been the driving force
Read MoreWhat's happening on the water in Naples Florida? There is a very limited supply of new construction homes for sale in Naples Florida. Currently there are a total of 2,585 homes for sale in all 'NA' zones in Naples according to our local multiple listing system, SunshineMLS. When doing a search of the Naples MLS for single family homes presently for sale that have been completed in the year 2011
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