The below article was just published by the Florida Association of Realtors.... Fixed mortgage rates again hit new record lows in Freddie Mac’s weekly survey. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent, and 15-year fixed-rate mortgages are also slightly down at 3.04 percent. “The European debt crisis overshadowed improving economic indicators for the U.S. and allowed … fixed mortgage rates to ease for another week,” said Frank Nothaft, vice president and chief economist, Freddie Mac. “For instance, industrial production rose 1.1 percent in April – the largest gain since December 2010 – and consumer sentiment in May rose to its highest reading since January 2008, according to the University of Michigan.” At 3.79 percent, the 30-year fixed-rate mortgage (FRM) is down from last week when it averaged 3.83 percent. Last year at this time, the 30-year FRM averaged 4.61 percent. For the week ending May 17, 2012, it had an averag
http://www.lovingnaples.comFriday, May 18, 2012
Friday, May 11, 2012
Collier County tourism rose 7.7% in 2011
This is a great sign for a rebounding Naples real estate market.
Wednesday, May 9, 2012
Naples #5 Turnaround Market in the US according to Realtor.com
We've been telling our clients about the turnaround in Naples and from a market recovery perspective, but here it is in black and white, courtesy of realtor.com. Check out the article: http://www.realtor.com/blogs/realtor-com-names-top-turnaround-towns-may-2012-data/
http://www.realtor.com/blogs/realtor-com-names-top-turnaround-towns-may-2012-data/Monday, April 30, 2012
For Sale - Condo at Wilderness Country Club in Naples Fl $360,000
Enter the private golf oasis of Wilderness and experience tropical paradise - lush landscaping, green foliage, trees and vegetation and a fabulous 18 hole golf course and country club. This 2nd Floor, 3 bedroom 2.5 bath "E" plan end unit features wonderful wide open golf course views from your wraparound exterior patio, a wall of sliders letting in tons of natural light, a spacious floor plan for living and entertaining, a wet bar, and is one of the few units with a gas fireplace. Includes golf cart, golf cart garage and carport. Wilderness features a Championship Arthur Hills designed 18 hole golf course, newly renovated clubhouse with casual and formal dining, private dining, two card rooms, pro shop and dance floor, tennis courts and five swimming pools. Wilderness golf membership is mandatory and is restricted to 300 members. Wilderness is also a certified Audubon Sanctuary site. This is an estate sale
http://onlywire.com/r/81093623Thursday, April 19, 2012
Terra Verde at Grey Oaks Just Reduced to $599,500
Enter this luxuriously appointed 2nd floor end unit home and you'll be drawn to the best lake and golf views that Terra Verde has to offer. Enjoy magnificent western exposure sunsets and gulf breezes over the serene Palm Golf Course while relaxing on your screened balcony. This home features: THE BEST lake and golf views in Terra Verde THREE BEDROOMS with 3 bathrooms, all en-suite 2,699 SQUARE FEET under air, 3,514 square feet total PRIVATE ELEVATOR ANTIQUE TRAVERTINE TILE - custom ordered and installed by the designer REAL WALNUT HARDWOOD FLOORS - not like the engineered wood you see in some homes 11' COFFERED CEILINGS - custom designed and painted beautifully CROWN MOLDING throughout the home CUSTOM CLOSETS in the master bedroom CUSTOM A/C SYSTEM sophisticated zoned heating and air conditioning system with dehumidification and mold control ARCHED, DOUBLE HUNG & SLIDING windows HURRICANE PROTECTION via shutters 2 CAR GARAGE with storage
http://www.lovingnaples.comWednesday, April 18, 2012
Naples named one of the Top 20 Best Small Towns in America by Smithsonian Magazine
Naples Florida was named one of the 20 Best Small Towns in America by Smithsonian magazine -- #9 on the list. See the link for details: http://www.smithsonianmag.com/travel/The-20-Best-Small-Towns-in-America.html#ixzz1sOeEqyJR
http://www.smithsonianmag.com/travel/The-20-Best-Small-Towns-in-America.html#ixzz1sOeEqyJRThursday, March 22, 2012
Treviso Bay relaunches under Lennar Homes
We recently visited with the sales staff at Treviso Bay. Treviso Bay was purchased last year by Lennar Homes. Prior to that, it was privately held by a development company that built out the golf course as well as a few homes and had started the construction on the clubhouse - and then the real estate market crashed. The golf course was a certified TPC course, the only TPC course in SW Florida and the Ace Group Classic was held there. Today, under Lennar, Treviso Bay is a bundled golf community with the plans calling for an upscale club, similarly to what is now at Lely Resort - including tennis courts, resort style lagoon pool with cabanas, health club, spa and fitness center, aerobics and pilates studio, bocce courts, casual and format dining as well as year round social calendar. Properties will range from 100s (condos) up to the 700,000s (estate homes). Approximate costs for the bundled golf and association fees will be $4000 a year, plus lawn maintenance and CDD fee.
http://www.lovingnaples.comSaturday, March 17, 2012
Friday, March 16, 2012
2 bedroom condo for sale in downtown Old Naples
Premium location in downtown Naples. Click the link to view details of this great 2 bedroom condo.
http://www.postlets.com/repb/7222584Good news in Mediterra!
We visited with the sales staff at Mediterra recently with a client who was looking for a Tuscan style villa. Driving around Mediterra is a real pleasure - gorgeous grounds, a fabulous clubhouse/fitness center and golf course and beautiful Mediterranean style homes. The good news is that Mediterra new construction sales have started to ramp up again. The new construction sales team has closed more new sales contracts already this year than all of last year. Based on recent trends, it seems that new construction in Naples Florida has started again and that buyers in the market are taking advantage of lower than usual new construction pricing, which is making building a new home a more palatable option for buyers. We are seeing a similar new construction uptick in other neighborhoods, including Grey Oaks, Riverstone (GL Homes) and Lakoya at Lely (Stock Construction) and Quail West, Twin Eagles (Ronto Group) and The Quarry (Pulte).
http://www.lovingnaples.comWednesday, February 29, 2012
New construction in Grey Oaks Naples Florida - Miramonte, Torino and Traditions
For those of you who don't know, there's a been a resurgence of new construction in Grey Oaks in Naples Fl. There are now 3 new construction neighborhoods within Grey Oaks - Miramonte, Torino and Traditions. Miramonte is a genuine Mediterranean village enhanced with privacy and grandeur amid the casual elegance of an exclusive Naples lifestyle featuring a private enclave of 36 one and two-story villas, that offer a natural elegance and charm from exquisite interior accents to exterior features and beyond. Torino has 55 one or two story villas featuring Old World Tuscan charm, ornately designed architecture, picturesque streetscapes and lush tropical landscapes. Traditions features 60 spacious coach homes and 62 villas that encircle intimate lakes and lush landscaping. All of these neighborhoods enjoy the amenites of the Grey Oaks master association, with optional golf and social membership.
http://www.lovingnaples.com/pages/286296/Grey-Oaks.aspxSingle Family Villa in beautiful Island Walk Naples Fl
Bright and airy southern exposure Capri model attached villa on the lake with a great view in Island Walk. This 2 bedroom, 2 bath home has an ultra-convenient location - only one block away from Island Walk Town Center which offers a post office, cafe, bank, fitness center, gas station and car wash. Sit out on the lanai and enjoy a beautiful lake view while enjoying Island Walk's gated community amenities and low monthly fees. This charming low maintenance home includes electric hurricane shutters and is clean and well cared for, with a great rental history.
http://www.postlets.com/repb/7133144Wednesday, February 8, 2012
Friday, February 3, 2012
January Market Report Update for Naples Florida
Real estate in Naples continued to be solid in December, setting us up for a very busy 2012. Closed sales units in 2011 increased 5% over 2010, and are up 104% from their 2007 low. Closed sales above $1,000,000 are up 12% with 706 closings in 2011 vs. 630 in 2010. Of note, the average sales price has increased 7% since its 2009 low while median price has remained stable. Interestingly, the number of new listings placed on the market in 2011 is down 13% from 2010 and new listings for the month of December were the lowest for the month since 2004. Available inventory on January 1, 2012 in the combined Naples, Bonita Springs, Estero market stands at 7,896 units (4,264 condominiums and 3,632 single family homes). This represents a 23% decrease from January 1, 2011. The market is definitely starting to tighten, especially in highly desirable neighborhoods. For more information, visit www.lovingnaples.com.
http://www.lovingnaples.com