Wednesday, December 5, 2018

Let's Talk... Hot Off The Press!
What's the most popular state for homebuyers to migrate to?

A LendingTree study that looks at mortgage applications reveals that Florida, followed by Texas, California, Washington and Arizona, Massachusetts and North Carolina, top the list for homebuyers
The full Story:
https://www.inman.com/2018/12/04/whats-the-most-popular-state-for-homebuyers-to-migrate-to/?

By Lew Sichelman is a seasoned writer with 50 years of covering the housing and mortgage markets under his belt. His biweekly Inman column publishes on Tuesdays.
Most people who move out of state aren’t following Horace Greeley’s advice and going west; instead, they are heading south, where temperatures are warmer and housing is less expensive, according to new research from LendingTree.
The No. 1 destination is Florida. Of the more than 2 million mortgage applications made this year through mid-November and analyzed by LendingTree, 12.4 percent were from out-of-state folks looking to relocate.

Top 5 (err 7) most desirable states

Of course, Florida is the bellwether destination for new residents, primarily because of its weather. It’s also a particular hot spot for retirees. And it’s one of six states that don’t have an income tax.
Actually, the Sunshine State has a lot going for it, according to LendingTree Chief Economist Tendayi Kapfidze: “Florida has always been a top retirement state,” he told Inman in a telephone interview; and the lack of a state income tax is “important to people on fixed income who are trying to minimize their expenses.”
The rest of the top five destination states were Texas, California, Washington and, in a three-way tie for fifth, Arizona, Massachusetts and North Carolina. Texans and Washingtonians don’t have to pay a state tax on their incomes. The other states without an income tax are Alaska, Nevada and South Dakota.


Friday, November 30, 2018













Riviera Colony Golf Estate
401 Charlemagne Blvd #B206
Naples, Fl


Let's Talk… Looking for your Start here in Naples or downsizing or even the perfect fixer upper Condominium here in Naples! 
Well then…
 
Now offered... Unfurnished at $139,000

  • The Riviera Colony Golf Estates is a 55+ Community 
  • Riviera Colony Golf Estates Unit B-206. is waiting for you today! Come and open the door to start your experience by clicking on the Visual Tour link… B-206 is a 
  • second-Floor End Unit with open Floor Plan with Pool and Long Lake View Master Suite and Guest Bedroom with full Bathroom is just right for you!
  • outside Storage unit, covered car port designated parking space reserved just for you that is with in steps to your front door!
  • past rental rates that exceeded $3,000.00 per month in high season with proximity to Olde Naples and our spectacular world renowned white sandy beaches! 
  • 3 Transfers per year per unit with 30 Day Minimum, Not to Exceed Six Month Maximum Rental Period. 
  • Riviera Colony Community has private Pool with Grill area.


Let’s talk today about your next move here in Naples!











Wilderness Country Club
105 Clubhouse Drive  #D-156
Naples, FL
 
Michelle’s Featured Listing
Make Your Appointment Today To View!

Now offering...
Unfurnished at $230,000
  • The Wilderness CC & Audubon Cooperative Sanctuary
  • 1st Floor Home with Eastern Exposure
  • 2 Bed,  2 Bath,  1,846 sq ft
  • Private Golf Cart Garage with Golf Cart
  • Unfurnished










Golden Gate City
4972 21st Avenue SW
Naples, FL

Now offered... Unfurnished at $325,900

Now offering... A Credit At Closing $2,000.00...
                          What A Buyer Incentive This Is! 
 
Did You Know… 
This is the Only Golden Gate City Home with Buyer Incentive at Closing

Let's Talk...Golden Gate City Single Family Home With Newer Roof 2016!
You don't see this very often .36 Acres!
Talk about the perfect home that just might fit your criteria! 

Talk about... moving truck already ordered!
 The best opportunity in Golden Gate City!

  • 0.36 Acres with western exposure
  • 4 Bed, 2 Bath, 2 Car, 1,738 sq ft under A/C
  • Split Floor Plan offers your guests THREE private Bedrooms & Bath
  • Two Side Gates that are perfect for Boat or RV parking! 
  • Back yard is fenced in with large grassy area with screened-in pool and spa area
  • No HOA
 
          

Thursday, November 22, 2018

Let's Talk... Happy Thanksgiving!

What to have fun on your 
Thanksgiving Walk Today...

Try this... 
HomeSnap you way is fun and easy!

If you ever wonderer what a home in your area 
just sold for a few months ago or you want 
information on a listing...

Then give this a try anywhere any time you are a snap away!
http://www.homesnap.com/Michelle-DeNomme 

Sunday, November 18, 2018

Let's Talk...

Long awaited... 
Celebration Park in Naples 
Opens Today!!!
How much fun is this new 
Food Truck Park...:0)



Saturday, November 17, 2018

Let's Talk Hot Off the Press... 
Naples Area Real Estate Market Report!

October Housing Market Activity is Strong...


Naples, Fla. (November 16, 2018) - Closed sales of homes in the Naples market grew 20 percent to 674 sales in October 2018 compared to 561 sales in October 2017. The last few months have seen not only a return to a steady housing market for Naples since Hurricane Irma, but also an increased buyer appetite for homes in Collier County. We are pleased to report that inventory during October jumped 20 percent to 5,992 homes - the highest October inventory level since 2012 - which is good news for buyers according to leading broker analysts who reviewed the October 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).



















While buyers struggle to find inventory in other highly desirable locations across the country, this is not the case in Naples. "We have almost 7.5 months of inventory," said Bill Coffey, Broker Manager of Amerivest Realty Naples. "In fact, inventory for single-family homes under $300,000 grew by 79 percent to 483 homes in October!"
Cindy Carroll, SRA, of Carroll & Carroll Appraisers & Consultants, LLC, believes the spike in inventory during October is a reflection of the market's recovery after Hurricane Irma in September 2017. "There are some neighborhoods where I still see an oversupply in the spec home market, but I'm also seeing inventory begin to tighten in very desirable areas west of U.S. 41."
Historically, inventory begins to increase in October in preparation of seasonal visitors entering Naples' prime home-selling season. According to Jeff Jones, Managing Broker for Engel & Völkers Naples and Bonita Springs offices, "About 10 percent of the new inventory in our MLS during October was new construction. A good portion of this building is taking place in East Naples [Eastern Collier County], which had the highest single-family home inventory reported in October. Builders also tell me that over 80 percent of their inventory is sold by REALTORS® rather than the builders' sales staff."
Overall pending sales for October were up 17 percent with the $1 to $2 million price category reporting the highest increase (39 percent) for the month compared to October 2017. 
The October report also showed the overall median closed price increased 1 percent to $344,000 from $342,000 in October 2017; but went down 1 percent for homes priced over $300,000 to $475,000 from $480,000 in October 2017. Interestingly, the median closed price in the Naples Beach area decreased 13 percent in October to $595,000 in October 2018 from $682,000 in October 2017. However, in the 12-months ending October 2018, the median closed price rose 4 percent to $344,000 from $330,000 in the 12-months ending October 2017. In the Naples Beach area, the median price rose 4 percent in the 12-months ending October 2018 to $790,000 from $763,000 in 12 months-ending October 2017.
The NABOR® October 2018 Market Reports provide 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 October 2018 NABOR® sales statistics are presented in chart format, including these overall 3Q (single-family and condominium) findings: 












Added Carroll, "In addition to predictions that our inventory will continue to increase as we approach the winter season, giving home buyers more choices, we also saw the passing of Amendment 2, which put a permanent cap of 10 percent on annual non-homestead property assessment increase, keeping a reasonable protection for home owners in place. Along with a trend for home sellers to price properties realistically, these factors should inspire even more buyers of second-home properties in the coming months to make their purchase decision this season while all these factors work in their favor."
Increased inventory is expected to lead to increased sales. Higher volume sales during our peak selling months during season is important for both homebuyers and sellers. For home buyers, it means a higher likelihood of finding the right property. For home sellers, it means shorter marketing time and a higher likelihood of finding a buyer.

As always if you are looking for additional information regarding our Real Estate Market here in South West Florida please give me a call at 239.404.7787 or send me an e-mail at Michelle@NaplesHomeSweetHome.com 

To view the Full Report Click Here... 
View October 2018 Market Statistics

I hope you have a fantastic Thanksgiving with your family and friends.
Michelle


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
Twitter: DeNommeRealtor

Office Address: 621 Fifth Avenue South Naples, Florida 34102

Member Of Naples Board Of REALTORS 
Member Of Florida REALTORS 
Member Of National Association Of REALTORS 
Graduate Of REALTOR Institute (GRI)