Monday, October 2, 2017


Let's Talk Hot Off The Press...
August Home Sales Show Increased Consumer Confidence
 Naples, Fla. (September 29, 2017) - August proved to be an outstanding month for the Naples area housing market with more pending and closed sales than last August. Broker analysts reviewing the August 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which track home listings and sales within Collier County (excluding Marco Island), said sales of 685 homes was impressive for August, up 5 percent compared to August 2016. This was encouraging to broker analysts since inventory increased by only 20 properties compared to August's inventory last year. 

"This turned out to be a great summer for sales in Naples," said Brenda Fioretti, Managing Broker at Berkshire Hathaway HomeServices Florida Realty. "Overall pendings in August were up 13 percent, overall sales were up 5 percent, and there were some nice surprises in the report that we didn't expect to see."

These surprises included a 75 percent increase in pending sales and a 42 percent increase in closed sales for single-family homes located in South Naples. The August report also showed single-family homes in this geographic area had a 22 percent decrease in median closed price.

The condominium market performed just as well as the single-family home market in August, reporting a similar 13 percent increase in pending sales. The Pending Home Sales statistic is a forward-looking indicator that is based on contract signings.

Fioretti believes summer's sales activity outpaced last year's because of renewed consumer confidence. "Buyer traffic continued to exceed our expectations in August."

The overall median closed price for August was $328,000, a 2 percent increase over August 2016. Geographically, prices in the Naples Beach area continue to rise faster than all other areas tracked. In fact, median closed prices for single-family homes in the Naples Beach area increased 32 percent in August.

Median closed price for single-family homes jumped 10 percent in August to $422,000. This initially surprised broker analysts but, as reflected in the report, this figure was heavily influenced by 17 sales in the $2 million and above single-family home market, which saw a 54 percent increase in median closed price. All other price categories in the single-family home market reported median closed price increases of 5 percent or below.

However, when taking a long look at closed pricing trends (12-month ending), August's median closed price for single-family homes was $405,000, the same as August 2016. Median closed price actually dropped 5 percent for single-family homes over $300,000 to $510,000 for the 12-month ending August 2017 from $535,000 in the 12-months ending August 2016.

"One big sale at the top of the price bracket can influence the monthly report's median closed price," said Dominic Pallini, NABOR® President and Broker at Vanderbilt Realty. For example, there were 20 total closed sales in the $2 million and above market in August. Therefore, this means 10 sales were below $4.2 million and 10 sales were above $4.2 million.

Overall inventory for August barely budged with a total of 4,807 homes compared to 4,787 in August 2016. Single-family home inventory decreased 4 percent, while the condominium market saw a 6 percent increase in inventory for August.

"Single-family home inventory under $300,000 may be lingering on the market because of necessary interior or exterior remodeling or improvements," said Pallini, who then pointed out that the report showed only 278 single-family homes under $300,000 were left on the market at the end of August.

Inventory for condominiums priced below $300,000 in August increased by 133 units to 1,107 total units available. This was the highest increase (14 percent) of all property types and price categories reported in the month.

The NABOR® August 2017 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® August 2017 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: 

To view the full report be sure to click on this link.
CATEGORIES
August 2016
August 2017
CHANGE
Total homes under contract (pending sales)
734
829
13%
Total closed sales
654
685
5%
Median closed price
$320,000
$328,000
2%
Median closed price >$300K
$485,000
$510,000
5%
Total active listings (inventory)
4,787
4,807
0%
Average days on market 
88
95
8%
Single-family closed sales
350
378
8%
Single-family median closed price
$384,000
$422,000
10%
Single-family inventory
2,554
2,446
-4%
Condominium closed sales
304
307
1%
Condominium median closed price
$232,000
$250,000
8%
Condominium inventory
2,233
2,361
6%

Fioretti added that, statistically, major weather events impact housing market sales, and Hurricane Irma was no exception. In agreement, Wes Kunkle, President and Managing Broker at Kunkle International Realty, added that he actively watches the Southwest Florida MLS, and there was virtually no activity in it for almost two weeks following the storm.   

"We won't truly know the impact of Hurricane Irma on the area's housing market for a few months," said Tom Bringardner, Jr., President CEO of Premier Commercial, who added that "the event presents a great opportunity for sellers to refresh their homes and make them more appealing to buyers before season starts." 

Inventory continued to tighten in August with a 6.83-months' supply for single-family homes and a 6.18-months' supply for condominiums, according to the August 2017 Market Report.

Bringardner and all broker analysts agreed that the county's hurricane building code standards saved the area's housing market from severe destruction. NABOR® and its board of directors also want to recognize and thank the combined efforts of county government, its leaders, and members of all emergency management and preparedness teams, as well as the Naples resident Governor Rick Scott, and utility providers, both public and private. The fast response and citizen-led restoration of our beloved community is a testament to the integrity of its people. 

If you are weighing the pros and cons of renovations to your home following Hurricane Irma before you decide to sell, be sure to contact me for assistance. I can help you do a market comparison and determine a fair and reasonable listing price, both with and without renovations. I will also identify properties best suited for your needs and negotiate a purchase price that fits your budget. Discover more at about me by visiting www.NaplesHomeSweetHome.com or feel free to contact me by calling 239.404.7787.

To view the full report be sure to click on this link.

I hope you have a fantastic day!
Michelle

The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 6,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.
  
The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.

Wednesday, September 27, 2017

Let's Talk...
After Hurricane Irma hit Naples I contacted Johnny with Let Me Help to put our lives back together.... You just may want to have Johnny Help You!


http://OneCardMe.com/LetMeHelpHomeMaintenance

Let Me Help was created to fill the need for general cleanup and getting  lives back to normal after hurricane Irma paid us a visit here in Naples.  We found many of our friends and neighbors were asking where they could find some reliable help or some extra muscle to get their house back in order.  
Our services include... and are no way limited to power washing, window/slider washing-inside and out, screens, lanai clean up, leaves and limbs, getting your outdoor furniture cleaned and put back in its place, pool decks sprayed and cleaned, outdoor kitchen clean up-cabinets, exhausts and grills, inside home cleaning, garages, spoiled pet sitting, dog walking-daytime and over nights, house sitting including light clean up included. Are you moving and need help packing and moving boxes we do that as well. 
I am culinary trained if you need some healthy meals put together so you don't have to cook during these stressful times or do you need some help making your favorite appetizers for the upcoming holidays!!!
Let Me Help YOU is here for YOU contact me today by calling or by texting 913.333.6643 

Friday, September 8, 2017

Let's Talk... HOT Off The Press!


Evacuation and Shelter Opening Announcement
The Collier County Emergency Operations Center (EOC) will fully activate at 8 a.m. on Friday, Sept. 8, in response to Hurricane Irma. The Collier County Information Hotline will also open at 8 a.m. and will remain active 24-hours a day until the EOC deactivates. Residents with questions may call the Hotline at (239) 252-8444 (within Collier County residents may dial 311). Officials announce the followingevacuation notices and the opening of emergency shelters:
Evacuations – Mandatory evacuations will go into place at 1 p.m. on Friday, Sept. 8, forGoodlandEverglades City and Chokoloskee. Hurricane Irma has the potential to inducedangerous and damaging storm surge in those areas.
Residents of mobile homes throughout Collier County, especially those east of Collier Boulevard(S.R. and C.R. 951), are strongly advised to evacuate to a hardened structure or to an emergency shelter.
Emergency Shelters – Those who plan to use emergency shelters should take any necessary medications, cell phone chargers, toiletries, favorite snacks and anything else they need to be comfortable. 
special needs only shelter will open at Palmetto Ridge High School, 1655 Victory Lane, Naples, Florida 34120, at 8 a.m. on Friday, Sept. 8for electrically dependent or bed ridden pre-registered clients who require nursing care. A family member or caregiver is asked to accompany the special needs person at the shelter. 

General population shelters will open at 1 p.m. on Friday, Sept. 8at the following locations. Note, lunch will not be served.

  • Immokalee High School, 701 Immokalee Drive, Immokalee, Florida 34142 (no pets)
  • Immokalee Middle School 401 N. 9th St., Immokalee, Florida 34142 (pets allowed)
  • Cypress Palm Middle School, 4255 18th Ave. NE, Naples, Florida 34120 (pets allowed)
  • North Collier Regional Park, 15000 Livingston Road, Naples, Florida 34109 (pets allowed – please note that due to preregistration, this shelter is full and will not accept anyone who is not already registered)
  • Gulf Coast High School, 7878 Shark Way, Naples, Florida 34119 (no pets)
  • Oak Ridge Middle School, 14975 Collier Blvd., Naples, Florida 34119 (no pets)
  • Lely High School, 1 Lely High School Blvd., Naples, Florida 34113 (no pets)

Note the shelters at Immokalee Middle, Cypress Palm and North Collier Regional Park will be pet friendly for vaccinated and crated dogs and cats only. Pet owners must bring their vaccination records, the appropriate size kennel for their animals, food and water for a minimum of three days, bowls and all supplies including waste bags and litter. When taking pets outside, they must remain leashed, and pet owners are responsible for picking up pet waste.  There must be a family member or care taker of the pet present in the shelter always. 
Collier Area Transit (CAT) – To facilitate transportation to and from the county’s emergency shelters, Collier Area Transit fares will be waived beginning Friday, Sept. 8, until the emergency shelters close.  Buses with routes close to open shelters will deviate to take residents who need a ride to the shelter.

Thursday, September 7, 2017


Let's Talk... Hot Off The Press!

Emergency Numbers and Irma 

Information
This morning the Board of Fire Commissioners declared a State of Emergency for the North Collier Fire District. We continue to wait for official word from the Collier County EOC on mandatory evacuations and shelter openings.

In the coming days, these are important emergency numbers to have on hand:
Collier County Information Hotline 239-252-8444 or 311
Special Needs 239-252-8809
Emergencies Dial 911
Non-Emergencies 239-252-9300

Please note, first responders do have restrictions during storms. If winds reach a sustained speed of 45 MPH vehicles will not be responding to emergency calls. The calls will continue to be received by the 911 center, logged and once the winds recede emergency care providers will begin to respond to the list of calls.
Please find additional information and tips listed below.

Basic Preparedness Tips
  • Know where to go. If you are ordered to evacuate, know the evacuation route(s) to take and have a plan for where you can stay.
  • Put together a go-bag: disaster supply kit, including a flashlight, batteries, cash, first aid supplies, medications, and copies of your critical information if you need to evacuate.  Make sure your CERT Bags are all full of the items needed if you are planning on staying local.
  • If you are not in an area that is advised to evacuate and you decide to stay in your home, plan for adequate supplies in case you lose power and water for at least 72 hours and you are not able to leave due to flooding or blocked roads.
  • Make a family emergency communication plan.
  • http://ecnetwork.com/  This is the link to the CODERed System Utilized by the Collier Sheriff’s Office. Click on the upper right-hand corner under enroll and follow the instructions from there.
    We will send emails, update our Facebook page so please keep an eye out on all your social media outlets and computers for the tiem being.
Preparing Your Home
  • Hurricane winds can cause trees and branches to fall, trim or remove damaged trees and limbs to keep you and your property safe.
  • Secure loose rain gutters and downspouts and clear any clogged areas or debris to prevent water damage to your property.
  • Reduce property damage by retrofitting to secure and reinforce the roof, windows and doors, including the garage doors.
  • If you have a portable generator now is the time to check it.  PLEASE Remember to keep generators and other alternate power/heat sources outside, at least 20 feet away from windows and doors and protected from 
  • moisture; and NEVER try to power the house wiring by plugging a generator into a wall outlet
Other Resources:
 
If you do decide to evacuate please consider the below as you return home:

Be sure you have at LEAST TWO forms of ID with you for re-entry.  Collier County EOC suggested Drivers License, copy of a Utility Bill and your automobile registration assuming it matches your home address.  You will need to show proof of who you are and that you live at the address. 
Wait for the all-clear to be given and the evacuation order to be lifted. 
You actually help others by not being in the way while crews are still trying to open roads, restore power, restore water, etc. 
Delaying your return could also mean better traffic for you and less time spent sitting in the car.
Gas up often on the way back and try to arrive home with a full tank.  Local stations may be closed for a while.
Buy groceries and supplies where you are today to bring home with you.  Local stores may also be closed for a while.
The same goes for any medications you may have to refill.  Get them where you are before heading home. 

When arriving home do a “scene size-up”  before even getting out of the car (where you’re protected).  Sections of power lines might be down (which on moist ground can electrocute you), limbs may be hanging by a thread and ready to fall, trees may still fall while the ground is wet, and be sure to look out for displaced animals (especially snakes) that may have chosen your yard as their evacuation destination.

These apply for your pet as well. Don’t let your pet out in your yard unattended.  Snakes may be a threat, and who knows what has washed into the yard that may be toxic to your four-legged loved ones.

Let's Talk... Hurricane Preparedness 

With much of Florida in Hurricane Irma’s path with potentially life-saving tips and resources on hurricane preparedness for you and your home.
Please stay safe during our Hurricane Season, Also be sure to visit www.FloridaDisaster.org
Michelle


Hurricane Preparedness PSA

When a hurricane is headed for your home, preparation is key. 
In order to help keep you and your family safe and to protect your home 
from costly damage, here are a few helpful hurricane preparedness tips 
and resources for you.

Before

During

After

 
Michelle J. DeNomme, REALTOR, GRI
Cellular Phone I  239.404.7787
Berkshire Hathaway HomeServices Florida Realty
Office: 239.659.2400
E-Fax Number: 239.236.5550
Website:  www.NaplesHomeSweetHome.com        
Twitter: DeNommeRealtor