June 22, 2015

Carrara At Talis Park: First Building Almost Completed.

Carrara At Talis Park: First building will be completed at the beginning of July in Carrara at Talis Park and first decorated model will open.
Carrara is an enclave of Talis Park offering 90 luxury residences with just under 3,000 sqft under a/c.
Each residence features a private elevator lobby.
Each building will offer only six residences ( two per floor).
Prices start in the low $700s in Carrara.
Talis Park is a unique luxury golf community in North Naples offering, luxury condominiums and residences, custom homes and large estate homes.
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June 20, 2015

Esplanade Golf & Country Club - Planned Amenities Have Been Released

Esplanade Golf & Country Club is planned stunning amenities!
The details about these amenities have just been released.
The amenities of Esplanade will include a state-of-the-art Wellness Center and Clubhouse.
Lagoon-style pool with poolside bar and grill, outdoor cafe, sand spa. A botanical walk and a yoga lawn will also be part of the amenities. Tennis center and bocce courts.
All these amenities should be completed in 2016.
Esplanade is a bundled golf community located in North Naples and offering coach homes and a large collection of single-family homes. Prices start at $267,900 for the coach homes and at $409,900 up to $642,900 for the homes.
View planned amenities map...
View details of the Wellness Center...
View complete details & floor plans for Esplanade Golf & Country Club...

June 19, 2015

These 18 Cities Will See the Most Economic Growth Next Year: Naples Florida topped the list!

An article published today in Bloomberg: Naples, Florida, topped the list of metropolitan areas that are expected to see the most economic growth next year, according to an analysis of data in a new report from the U.S. Conference of Mayors prepared by IHS Global Insight.
The report indicates the economic is forecasted to grow 4.9% in Naples area for 2016.
View article in Bloomberg...
It is still time to buy real estate in the Naples area...

Naples Real Estate Market Report - May 2015 - Overall Median Closed Price Up 15%

Naples Real Estate Market Report - May 2015. 
The real estate market report for Collier county (not including Marco Island) has just been released today by Naples Associations Board of Realtors (NABOR).
The overall median closed price increased 15% from $252,000 (12-month period ending in May 2014) to $289,000 (12-month period ending in May 2015).
The overall closed sales for May in the $300,000 to $500,000 price category increased 30% compared to May 2014.
A very important point to notice as some people would like to compare the current real estate market to the market of 2005: Many of the current buyers are end users and not flippers like in 2005.
Another important point: 60% to 70% of today buyers are cash buyers.
Here are also important points of the report:

  • Closed sales for single-family homes in the $300,000 to $500,000 price category increased 22%.
  • Closed sales for condominiums in the same price category ($300-$500K) increased 33%.
  • Overall inventory decreased 3%.
  • Average days on the market decreased 21%.

June 16, 2015

Lamorada - Naples - A New Community by WCI in North Naples

Lamorada in Naples is a new community under development by WCI in North Naples close to The Quarry, Bent Creek Preserve and Heritage Bay.
Lamorada will offer at completion 343 homes on 200 acres and nestled among 63 acres of lakes and preserves.
Lamorada is a gated community and the amenities center will offer a clubhouse, a fitness center with aerobics studio, a resort-style pool and spa and tennis courts.
Lamorada offers a choice of carriage homes (1,710 to 2,376 sqft), grand villa homes (2,201 to 3,010 sqft), classic homes (2,556 to 2,999 sqft - 2-car garage) and grand estate homes (3,906 to 3,198 sqft - 3-car garage).
Prices start in the low $300s to $1 million.
View Complete Info for Lamorada - Naples...

June 6, 2015

Genova Coconut Point - A New Community Coming Soon to The Village Of Estero

Genova Coconut Point is a new planned gated community to be started very soon in the heart of the Village of Estero and close to Coconut Point.
Genova will be developed by Jim Wallace, the successful developer of Rapallo at Coconut Point and Lighthouse Bay at The Brooks.
Genova is planned to offer less than 195 condominiums in total in six 4-story buildings. The buildings will have a U-shape around courtyards and will face a lake.
The scheduled amenities will include a clubhouse with clubroom, a state-of-the-art fitness center, a resort-style pool and a Olympic lap-pool, bocce courts.
2 to 3-bedroom condos in a variety of floor plans from 1,384 to 2,136 sqft under A/C. Garages will be also available.
View Complete Information for Genova - Coconut Point...

June 5, 2015

New Report Finds Waiting to Buy a Home Could Cost Thousands


With interest rates and home prices expected to climb in the next year, the financial penalties of delaying or forgoing a home purchase in today’s market have become very steep, according to the inaugural Opportunity Cost Report released recently by realtor.com®, a leading provider of online real estate services operated by News Corp subsidiary Move, Inc.

The proprietary report examines a wide range of factors, including the long-term financial impact of owning versus renting a home, the likely monetary gain renters forego in waiting to buy and the financial benefits of homeownership by market.
“Current market conditions give buyers the opportunity to build substantial wealth in the long- term, compared with renters and later buyers, in advance of the projected increase in mortgage rates and continuing price appreciation,” says Jonathan Smoke, chief economist for realtor.com®. 
The problem is inventory is low, which has many would-be home buyers – especially first timers – standing on the sidelines and missing out on potentially material financial gains.

Nationally, the estimated wealth an average buyer would accumulate over a 30-year period based on today’s dollars totals $217,726. Although some markets are more buyer-friendly than others, national data shows homeowners see significant financial benefits as compared to lifetime renters. In 88 percent of MSAs, buying a home produces a financial benefit of at least $100,000 over 30 years.
Ten markets offer an especially considerable upside to owning, with estimated 30-year financial gains above $500,000, and opportunity costs of waiting three years as high as $200,000. These MSAs, in California and other Western states, are relatively expensive markets with strong housing demand and limited supply. The potential long-term wealth in these areas is the greatest nationwide, and likewise, the long-term financial penalty for delaying ownership is substantial, due to price appreciation, escalating rents, and higher mortgage rates on the horizon.
“This analysis looks solely at the financial reasons to buy a home, based on assumptions about rising mortgage rates and changes in home values,” Smoke says. “It’s important to remember that a home purchase decision is deeply personal. Potential buyers need to consider factors such as upcoming life events, job security and potential relocation, in addition to financial benefits, because they too can have a significant impact on ownership.” 
©RISMedia - Realtor.com

Do not wait... Start your search for homes in Naples to Estero now...

June 3, 2015

Multiple offers: Tips for buyers making bids

The Naples real estate market is hot and we are experiencing with our buyers multiple bids very frequently on properties.
These advices are very useful for any potential serious buyers in today's real estate market.

NEW YORK – June 3, 2015 – 
Sellers with more than one offer will pick the "best" one, though "best" is an undefined term – in the case of an offer, it's all in how the sellers view it.
Buyers hoping to win a bid should consider all the variables and plan accordingly. Some things to consider when talking to buyers:

Earnest money. In general, the more money a buyer is willing to put on the line, the more      appealing the offer will be to the seller.
Verification. Can the buyer really afford the home? It helps if a buyer submits proof, and underwriting approval carries more weight than a simple letter from the lender.
Courtesy. If a house isn't empty during a showing, the seller may need extra time to move. A buyer willing to give the seller some wiggle room could gain an edge.
Strength. Buyers should submit their highest offer first. If that offer fails, they'll know they tried their best.
Market value. Some sellers price their home low in order to attract multiple bids. If a buyer balks at offering a price that's higher than the asking price, compare the offer to nearby home values. Even an over-the-asking-price offer could be a bargain for that neighborhood.
No contingencies. Sometimes they're necessary, but the fewer the better.
Keep it simple. Little requests could irritate a seller, such asking for a home warranty or termite bond.
Closing costs. Sellers with multiple offers often look at the bottom line – how much would I actually receive from each of these offers? In some cases, a request to pay extra closing costs could hurt.
Actual concerns. What does the seller really want? To get out quickly? To get the most money? To know that the family home is going to someone who appreciates its emotional worth? Find out if you can.
Prepare for the next step. Even the best offer could receive a counter offer. For many agents and sellers, it's just good business. If a buyer submits the "best offer," a counter-offer may come as a surprise if their agent hasn't prepared them for it.
Details count. If a seller responds to an offer, the timing is important. Responses should be quick, and any seller requests, even idiosyncratic, should be respected.

Source: RISMedia (05/31/15) Workman, Verl
© 2015 Florida Realtors®

February 11, 2015

Altaira At The Colony: Reservations Starting!

Reservations have started for Altaira At The Colony, the new luxury tower to be built in The Colony At Pelican Landing!
Don't miss the opportunity to purchase a brand new luxury residence.
Altaira offers four residences per floor. Corner units offer 3,573 sqft under A/C; center units offer 3,315 sqft.
76 residences. The 21st floor featuring four penthouse units.
Altaira will offer luxurious amenities: Concierge lobby. 3 guest suites. Club room with media center. Fitness center with aerobics, yoga. Resort-style pool & spa. Pool pavillion, etc...
Each residence will have two assigned parking spaces. A few private garages will be available. Altaira will be located close to Florencia.
Prices start at $995,000 to $2,150,000. 
View Complete Information about Altaira...
View all properties for sale in The Colony...

February 3, 2015

Palazzo At Naples: A New community in North Naples

Palazzo at Naples, a new gated community of 85 single-family homes has just opened in North Naples.
Palazzo is located off Valewood Dr, close to the Quail communities: Quail Village & Quail Creek Estates.

Palazzo will offer 85 homes in a gated environment with low-maintenance fees.
Four floor plans are currently offered at Palazzo at Naples from 2,058 to 2,95o sqft.
Prices start in the low $400s.
Contact us for more information and reservation.
View complete info and floor plans for Palazzo at Naples...