Lets Talk... Real Estate!

2010-07-15T19:16:00.000-07:00

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

FOR IMMEDIATE RELEASE
NAPLES TOTAL SALES INCREASE AT LEAST 47 PERCENT
Report Shows 9 Percent Increase in Median Closed Price

NAPLES, Fla.-June 18, 2010- All geographic areas in Naples experienced a significant increase in both
pending and closed sales in May according to a report released by the Naples Area Board of REALTORSÂ®
(NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

For the 12 months ending May 2010, overall pending sales in all geographic areas increased 47 percent from
the 12 months ending May 2009. The increase ranged from 33 percent in East Naples to 56 percent in South
Naples. â€œSales are increasing in not only all geographic locations but in all price ranges as well. This is a good
sign,â€ said Tom Bringardner, President of Premier Properties.â€œThe median closed price has continued to level
out since September 2009,â€ stated Michele Harrison, REALTOR with John R. Wood REALTORS.

The median closed price increased 9 percent to $190,000 in May 2010 up from $174,000 in May 2009.
The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price
ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart
format, along with the following analysis:

Overall pending sales increased 9 percent to 887 contracts in May 2010 compared to 812
contracts in May 2009. For the 12 months ending May 2010, closed sales increased 48 percent
with 8,152 sales compared to 5,495 sales for the 12 months ending May 2009.

Single-family pending sales saw a 10 percent increase with 477 contracts in May 2010 compared
to 433 contracts in May 2009.

Condo sales saw a 25 percent increase with 398 sales in May 2010 compared to 318 sales in May 2009.
For the 12 months ending May 2010 pending condo sales in the under $300,000 category saw a 69 percent
increase with 3,573 contracts compared to 2,117 contracts for the 12 months ending May 2009.
The available inventory decreased 10 percent to 9,006 in May 2010 compared to 10,046 in the same month last year.

As always if you have any additional Questions please feel free to contact me by calling 239.404.7787 or by e-mail at Michelle@NaplesHomeSweetHome.com ...
To review the full report visit www.NaplesArea.com

I hope you have a fantastic day!
Michelle
Prudential Florida Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
www.NaplesHomeSweetHome.com
Michelle DeNomme, REALTOR
Office: 239.659.2400
E-Fax Number: 239.236.5550

*****Confidentiality Statement******

The information contained in this transmission may contain privileged and confidential information. It is intended only for the use of the person(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or duplication of this communication is strictly prohibited. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message.

The Naples Area Board of REALTORSÂ® (NABOR) is an established organization (Chartered 1949) whose members have a positive and progressive impact on the Naples community. NABOR is a local board of REALTORSÂ® and real estate professionals with a legacy of nearly 60 years serving 4,000 plus member-customers. NABOR is a member of Florida REALTORSÂ® and the National Association of REALTORSÂ®, which is the largest trade association in the United States with more than 1.3 million members and over 1,400 local boards of REALTORSÂ® 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.

2010-07-15T19:07:00.000-07:00

Let's Talk!!!

The Ritz-Carlton Golf Resort, Naples Ranked No. 1 by CondÃ© Nast Traveler
Readers of CondÃ© Nast Traveler, recognized as one of the world’s leading
references for travel aficionados, have ranked The Ritz-Carlton Golf Resort,
Naples as the Best Overall Golf Resort in Florida. The TiburÃ³n property is a
WCI master-planned community that encompasses luxury homes and the
resort’s 36 holes of golf operated by WCI’s amenities division.
(Vocus/PRWEB ) June 10, 2010 -- Readers of CondÃ© Nast Traveler, recognized
as one of the world’s leading references for travel aficionados, have ranked
The Ritz-Carlton Golf Resort, Naples as the Best Overall Golf Resort in Florida.

The poll results were announced in the June 2010 issue of the magazine, which
reaches more than 825,000 readers monthly

TiburÃ³n Golf Club Hole #18 at The Ritz-Carlton Golf Resort, Naples
Thousands of readers participated in the poll by ranking golf resorts on a range of factors including the overall golf experience, resort, amenities, staff, restaurant quality and customer service. TiburÃ³n Golf Club, a joint venture between Host Hotels and Resorts and WCI Communities, is located at The Ritz-Carlton Golf Resort, Naples. The TiburÃ³n property is a WCI master-planned community that encompasses luxury homes and the resort’s 36 holes of golf operated by WCI’s amenities division.

The resort, located at Airport-Pulling and Vanderbilt Beach roads in Naples, offers unique perks to resort guests, including complimentary rental clubs, two sleeves of golf balls and a golf glove. Guests also have access to the facilities and professional instructors at the onsite Rick Smith Golf Academy.
Both 18-hole courses were designed by legendary golfer and course creator Greg Norman, known as “The Shark” during his professional career with the PGA Tour. In fact, the community was named with a clear nod to Norman: TiburÃ³n means “shark” in Spanish.
Being named the Best Overall Golf Resort in Florida by CondÃ© Nast readers is only the latest in a long series of accolades the resort has earned; others include being named in the Top 100 Golf Shops by Golf World Magazine seven out of nine years and in Golf Digest’s Top 75 Golf Resorts in North America in 2004 and 2007.

For more information about The Ritz-Carlton Golf Resort, Naples, visit ritzcarlton.com, or call 239-254-3340 for tee times and golf lessons. For Tiburon Real Estate be sure to contact me at 239.404.7787. WCI has been creating amenity-rich, master-planned lifestyle communities since 1946. Florida-based WCI caters to primary, retirement and second-home buyers in Florida, New York, New Jersey and Connecticut. WCI offers traditional and tower home choices with prices from the low-$100,000s to more than $3 million. In addition to homebuilding and development, WCI generates revenues from its Prudential Florida Real Estate Services, mortgage and title services, and its recreational amenities, as well as through land sales and joint ventures. For more information, please contact me at Michelle@NaplesHomeSweetHome.com. Let's Talk Tiburon in Naples Florida!

2010-05-14T14:54:00.000-07:00

Let's Talk!!! Hot Off The Press...
FOR IMMEDIATE RELEASE
MEDIAN PRICE INCREASES FOR SECOND CONSECUTIVE MONTH
Report Shows Increase in Pending Sales!!!
NAPLES, Fla.-May 14, 2010- The Naples area market is seeing positive signs such as soaring sales and median closed price increases according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

The overall median closed price increased 22 percent from $170,000 in April 2009 to $208,000 in April 2010. This is the second consecutive month that the median closed price has increased. For properties over $300,000,
the median price increased 3 percent from $534,000 in April 2009 to $550,000 in April 2010. “Supply and demand is driving the price up from the low end of the market,” said Mike Hughes, Vice-President of Downing-Frye Realty.“Traditional sales outpaced distressed property sales two to one,” stated Brenda Fioretti, NABOR President, and Managing Broker of Prudential Florida Realty. “This is a good sign of stabilization. ” Traditional sales made up 69 percent of the total number of closed sales in March 2010. The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges,
geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:
Overall home sales increased 46 percent to 914 sales in April 2010 compared to 626 sales in April 2009. Properties under $300,000 saw a 25 percent increase in pending sales with 882 contracts in April 2010 compared to 706 contracts
in April 2009. Single-family pending sales saw a 27 percent increase with 691 contracts in April 2010 compared to 544 contracts in April 2009. Condo sales saw a 69 percent increase with 507 sales in April 2010 compared to 300 sales in April 2009.
The available inventory decreased 13 percent to 9,239 in April 2010 compared to 10,574 in the same month last year. “Single-family pending sales in the 1 million to 2 million-price segment increased 200 percent in April,” stated Jo Carter, President of Jo Carter & Associates. There were 48 contracts written in April 2010 compared to 16 contracts in April 2009.
To view the report, go to www.Naplesarea.com

As always if you have any questions, please feel free to contact me by calling 239.404.7787 or by e-mail at
Michelle@NaplesHomeSweetHome.com.
Have a fantastic day!
Michelle

2010-04-22T06:18:00.000-07:00

Let's Talk...
Hot off the Press!!!

FOR IMMEDIATE RELEASE
MILLION DOLLAR SALES UP 100 PERCENT

Report Shows Increase in Condo Pending Sales
NAPLES, Fla.-April 16, 2010- There are no signs of a seasonal slowdown in the Naples area, as home sales
surged in the first quarter of 2010 according to a report released by the Naples Area Board of REALTORS® (NABOR),
which tracks home listings and sales within Collier County (excluding Marco Island).

In the 1 million to 2 million-price segment, the number of pending sales doubled with 146 contracts in the first quarter of 2010
compared to 73 contracts in the same quarter a year ago. The average days a property was on the market decreased 10 percent
in this price segment in the first quarter of 2010. “Buyers are zeroing in on the price advantages in the market right now, and sales
are making their way up to higher priced properties,” stated Phil Wood, President of John R. Wood REALTORS®.
Condominiums are leading the market improvement as overall pending sales increased 75 percent in the first quarter of 2010
to 1,679 contracts compared to 957 contracts in the first quarter of 2009.

According to John Steinwand, President of Naples Realty Services “The Naples area experienced a strong condo season, as all
price ranges showed an increase in pending sales activity. This is due to several factors including the first time homebuyer tax credit
and low interest rates.” “Condo sales in the $500,000 to $1 million price range had the largest percent increase when compared to all
other price ranges. This price range increased 100 percent from the same quarter a year ago,” stated Kathy Zorn, Broker/Owner of
Florida Home Realty of Collier County.

Condo sales in the $500,000 to $1 million price range increased to 96 sales in the first quarter of 2010 compared to 48 sales in the
first quarter of 2009. The first quarter report provides annual comparisons of single-family home and condo sales (via the SunshineMLS),
price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the
following analysis:

Overall pending sales saw a 55 percent increase, with 3,346 contracts in the first quarter of 2010 compared to 2,160 contracts in the first quarter of 2009.
Overall home sales under $300,000 increased 40 percent with 1,393 sales in the first quarter of 2010 compared to 992 sales in the first quarter of 2009.
Single-family pending sales increased 39 percent with 1,667 contracts in the first quarter of 2010 compared to 1,203 contracts in the first quarter of 2009.
The available inventory decreased 15 percent to 9,557 properties in the first quarter of 2010 compared to 11, 211 properties in the same quarter a year ago.

Statistics for March 2010 also showed increases in overall pending sales. “Naples Beach showed the strongest pending sales increase when
compared to all geographic areas,” stated Jo Carter President of Jo Carter & Associates. The pending sales increase ranged from 26 percent
in East Naples to 85 percent in Naples Beach in March 2010 compared to the same month last year.

The March report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic
segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:
Overall home sales increased 44 percent to 850 sales in March 2010 compared to 592 in March 2009.
Overall single-family pending sales saw a 36 percent increase, with 689 in March 2010 compared to 505 in March 2009.
Condo sales saw a 46 percent increase with 426 in March 2010 compared to 291 in March 2009.

As always if you have any additional questions please feel free to contact me by calling 239.404.7787 or by
e-mail at Michelle@NaplesHomeSweetHome.com . I have also provided the full report as well, go to www.Naplesarea.com

I hope you have a fantastic day!
Michelle
Prudential Florida Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
www.NaplesHomeSweetHome.com
Michelle DeNomme, REALTOR
Office: 239.659.2400
E-Fax Number: 239.236.5550

2010-04-20T14:15:00.000-07:00

MILLION DOLLAR SALES UP 100 PERCENT
Report Shows Increase in Condo Pending Sales
There are no signs of a seasonal slowdown in the Naples area, as home sales surged in the first quarter of 2010 according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).In the 1 million to 2 million-price segment, the number of pending sales doubled with 146 contracts in the first quarter of 2010 compared to 73 contracts in the same quarter a year ago. The average days a property was on the market decreased 10 percent in this price segment in the first quarter of 2010.“Buyers are zeroing in on the price advantages in the market right now, and sales are making their way up to higher priced properties,” stated one local REALTOR.Condominiums are leading the market improvement as overall pending sales increased 75 percent in the first quarter of 2010 to 1,679 contracts compared to 957 contracts in the first quarter of 2009.According to one local REALTOR, “The Naples area experienced a strong condo season, as all price ranges showed an increase in pending sales activity. This is due to several factors including the first time homebuyer tax credit and low interest rates.”“Condo sales in the $500,000 to $1 million price range had the largest percent increase when compared to all other price ranges. This price range increased 100 percent from the same quarter a year ago,” stated alocal REALTOR.Condo sales in the $500,000 to $1 million price range increased to 96 sales in the first quarter of 2010 compared to 48 sales in the first quarter of 2009.The first quarter report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:• Overall pending sales saw a 55 percent increase, with 3,346 contracts in the first quarter of 2010 compared to 2,160 contracts in the first quarter of 2009.• Overall home sales under $300,000 increased 40 percent with 1,393 sales in the first quarter of 2010 compared to 992 sales in the first quarter of 2009.• Single-family pending sales increased 39 percent with 1,667 contracts in the first quarter of 2010 compared to 1,203 contracts in the first quarter of 2009.• The available inventory decreased 15 percent to 9,557 properties in the first quarter of 2010 compared to 11, 211 properties in the same quarter a year ago.Statistics for March 2010 also showed increases in overall pending sales. “Naples Beach showed the strongest pending sales increase when compared to all geographic areas,” stated alocal REALTOR. The pending sales increase ranged from 26 percent in East Naples to 85 percent in Naples Beach in March 2010 compared to the same month last year.The March report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format, along with the following analysis:• Overall home sales increased 44 percent to 850 sales in March 2010 compared to 592 in March 2009.• Overall single-family pending sales saw a 36 percent increase, with 689 in March 2010 compared to 505 in March 2009.• Condo sales saw a 46 percent increase with 426 in March 2010 compared to 291 in March 2009.
Be sure to contact me for your full report!!!

2009-11-20T04:07:00.000-08:00

Let's Talk... FOR IMMEDIATE RELEASE

FALL SALES SURGE
Report Shows Inventory Declines 14 Percent
NAPLES, Fla.-November 13, 2009-Overall pending home sales increased at least 100 percent in October 2009
compared to October 2008 in each price category under 2 million, according to a report released by the Naples
Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).
“The number of contracts written in October 2009 (904 contracts) was more than twice the number of contracts
written in October 2008 (409 contracts). The volume of activity is significant at what is usually a slow time of year,”
acknowledged Mike Hughes, Vice-President of Downing-Frye Realty.

The properties in the under $300,000 market have led the way in sales for the past few months. However, the market
recovery is now working its way up to the higher priced properties. Pending sales in the $300,000 to $500,000 price
segment have increased 150 percent from 48 contracts in October 2008 to 120 contracts in October 2009.
“Low interest rates and the federal tax credit are helping to drive more sales. Buyers are getting off the fence,” stated
John Steinwand, President of Naples Realty Services. “Inventory continues to go down from its peak.”

The available inventory has declined 14 percent to 9,347 in October 2009 from 10,815 in October 2008.
The October report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price
ranges, geographic segmentation and includes an overall market summary. The statistics are presented in chart format,
along with the following analysis:

Overall home sales under $300,000 saw a 42 percent increase with 555 closed sales in October 2009
compared to 392 closed sales in October 2008.

Single-family pending sales increased 73 percent with 475 contracts in October 2009
compared to 274 contracts in October 2008.
Condo sales increased 49 percent with 254 closed sales in October 2009 compared to
170 closed sales in October 2008.

The overall median closed price decreased 14 percent to $190,000 in October 2009 from $221,000 in October 2008.

The median refers to the middle value in a set of statistical values that are arranged in ascending or descending order,
in this case prices at which homes were actually sold. It should be noted that in any given period the median could
vary greatly if there is an anomaly, a single sale that is significantly higher or lower than other properties in the area.

According to Brenda Fioretti, Managing Broker of Prudential Florida Realty, “Educated consumers are contributing to
the market rebound as sellers price properties competitively and realistically.

The Statistics report can be sent to you by e-mail in a PDF. As always, if you have any questions please feel free to contact me by e-mail or by calling 239.404.7787.

Have a GREAT day!
Michelle
Prudential Florida Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
http://www.napleshomesweethome.com/
Michelle DeNomme, REALTOR
Office: 239.659.2400
E-Fax Number: 239.236.5550

2008-07-18T10:49:00.000-07:00

Let's Talk!
Hot off the Press from Michelle DeNomme, Realtor

FOR IMMEDIATE RELEASE
SALES UP, INVENTORY DOWN FOR FIFTH
CONSECUTIVE MONTH June 2008

Pending Sales 63 Percent Higher Than June 2007 NAPLES, Fla. – July 15, 2008 – Now is a great time to buy, and more people are agreeing according to a report released by the Naples Area Board of Realtors® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island). “For the fifth consecutive month, we are seeing the number of pending sales increasing and the available inventory decreasing. We are seeing this trend across
the broad spectrum, not just in specific price points or geographic areas,” said Arlene Carozza, NABOR president and Realtor. “Overall, pending sales activity is up 63 percent over last year, with some areas well over 150 percent.” In the June report, compiled by NABOR, overall sales have increased nine percent and inventory has decreased by seven percent. “I’ve seen a marked increase in the number of showings and increased interest in homes,” said Mike Hughes of
Downing-Frye Realty. “Choice properties that are priced right are quickly disappearing.”

The report, which provides annual comparisons of single-family home and condo sales (via the Sunshine Multiple Listing Service), price ranges and geographic segmentation, also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

 Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 60 percent, with 484 in June 2008 compared to 301 in June 2007.

 Overall market sales for June 2008 in the $0-$300K category are up 58 percent with median sold price down 15 percent, compared to June 2007. Overall inventory is down seven percent.

 For single-family homes priced up to $300,000, there are 172 pending sales, up 537 percent over June 2007, when there were 27 pending sales. In the same category, sales are up to 113, a 253 percent increase over the 32 sold in June 2007.

 Pricing for single-family homes from $1 - $2 million increased by nearly eight percent.

 Overall condominium pending sales for June 2008 increased 43 percent to 197, compared to 138 in June 2007.

Comparing pending sales from June 2007 and June 2008, condominiums priced up to $300,000, there is a 59 percent increase, while condominiums priced from $500,000 to $1 million are up 38 percent. For condominiums priced from $1 - $2 million, pending sales are up 30 percent from June 2007. Overall condominium inventory is down 13 percent.
“There is a new bubble of buyers on the horizon,” said Mike Hughes of Downing-Frye Realty. “They are on the fence, but now it’s a matter of when they’re going to make that buying decision.”

The Naples Area Board of REALTORS® (NABOR) is an established organization (Chartered 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 5,000 plus member-customers. NABOR is a member of the
Florida Association of REALTORS® and the National Association of REALTORS®, which is the largest trade association in the United States with more than 1.3 million members and over 1,400 local boards 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.

To view the entire June report, go to www.NaplesArea.com and feel free to contact
me with any questions you may have by calling 239.404.7787 or by e-mail at 239.404.7787...
I hope you have a GREAT day!
Michelle

2008-07-02T04:59:00.000-07:00

A recession-proof home saleORLANDO, Fla. – July 1, 2008

It’s a buyer’s market, but sellers can increase the chance of a sale in today’s climate by working with a Realtor and considering these eight things.

1. Don’t count on open houses to sell your home. According to the California Association of Realtors, less than 5 percent of buyers find their home at an open house. An open house should never be the center of a prospective real estate agent’s marketing plan.

2. Target your marketing. Know what buyers in your area look for and emphasize your home’s appeal accordingly. This includes everything from the description (whether you highlight transportation and parks, or restaurants and nightlife) and how you stage the home (whether the third bedroom becomes an office), to where you advertise the listing (a newspaper in addition to online).

3. Tour similar homes in the area to better understand the competition – what a home sold for 12 months ago, or even six months ago, may not be a good estimate for today.

4. Consider staging your home. Although not always necessary, staging can make a difference in how your house is viewed and compared to others.

5. Offer prospective buyers a neighbor “reference” list. Make a list of your best, most reliable neighbors, so that buyers can reach out to get a better feel for the area, the locals, and what makes the neighborhood a truly unique place to live.

6. Photos posted online should be taken on a sunny day with a wide-angle lens. Approximately one-third of buyers who responded to a recent survey said they would eliminate homes they saw online if they had too few or poor quality photos.

7. Consider a pre-inspection to give you a selling edge. Include information about any repair work you’ve completed since you bought the home. If you don’t market your improvements, you won’t get as much return for them.

8. Once your house is on the market, accept feedback and tweak as necessary.

Tips for Buyers and Sellers in todays Real Estate Market!
Contact me today for a full service marketing plan...
Michelle

2008-07-01T07:54:00.000-07:00

Let Save Our Homes Explain Portability in Florida...

Is Save Our Homes portability selling houses? Let Save Our Homes explain...
When people buy a home, they can apply for a $50,000 homestead exemption. If their home costs $100,000, the homestead exemption allows them to pay taxes on $50,000 instead.

There’s a second exemption, called Save Our Homes. If the market value of a house rises,
for example, from $100,000 to $110,000 in a year, or to $200,000 in 10 years, the county tax assessor can raise the market value of the house by only 3 percent per year. So a house worth $100,000 in 1998 can have a maximum market value of only $134,000 in 2008.That means the cumulative effect of Save Our Homes is enormous.On Jan. 29, Florida voters approved Amendment 1, which allowed homeowners to transfer the Save Our Homes exemption when they bought a new home. Its feature, called portability, would help sell homes, real estate agents said. People had been living for years in homes that were too large or too small, and that big tax break would be the catalyst for trading places.

Contact me for more information... Michelle@NaplesHomeSweetHome.com

2008-06-20T06:57:00.000-07:00

Did you Know???
FLORIDA NO. 2 FOR NEW RESIDENTS

About 40 million Americans move each year, and Florida is the No. 2 spot for relocation, second only to California, according to a survey conducted by Relocation.com. The survey finds that 19 percent of those relocating went from owning their own homes to renting, with only 15 percent shifting the other way. Only 14 percent of the 1,237 respondents owned their previous residence and moved to a newly purchased home, and the majority (52 percent) went from one rental situation to another. The survey shows that most people relocate for a new job, a transfer within their current job or to seek a new lifestyle, including retirement. About half the moves were from one state to another. Two-thirds moved more than 100 miles and 54 percent moved more than 500 miles away. California is the number one destination state with 6 percent of the total sample moving there from another state, while 5 percent of all relocations move to Florida, followed by Texas (4 percent), New York (3 percent) and Georgia (2 percent).

2008-06-19T07:29:00.002-07:00

Florida’s strong population growth boosts demand for housing!

As one of the fastest growing states in the nation, Florida’s population is expected to increase by 325,000 in 2008, spurring demand for working-age and retirement housing.
“Florida remains a prime destination for workers seeking new jobs and for the growing wave of baby boomers,” said economist Hank Fishkind, president of Fishkind & Associates in Orlando. “However, a slower national economy means that 2008 growth will be somewhat below the levels seen during the recent boom years.”

Fishkind’s analysis of demographic data indicates Florida enjoyed a net population growth of 350,000 each year from 2000 to 2006. That includes about 203,000 people who moved to Florida from other states, about 107,000 migrants from foreign countries and about 47,000 from natural increase (total births minus total deaths).

“It’s important to note that this is net growth,” added Fishkind. “The actual number of people who move to Florida each year is far greater.” On the domestic side, the strongest “sending” states are New York, New Jersey, Illinois, Ohio, Pennsylvania, Georgia, Michigan and California. Among top foreign countries are Venezuela, Puerto Rico, the United Kingdom and Canada.
“Florida has a long history of population growth regardless of the nation’s economic cycle,” said Nancy Riley, a broker with Coldwell Banker Residential Real Estate in Pinellas County and the 2007 president of the Florida Association of Realtors® (FAR). She added that Florida has been one of the top ten fastest growing states for seven decades in a row, exceeding the U.S. average by 100 percent since 1970.

In fact, the U.S. Census Bureau projects that in 2010 Florida will surpass New York and become the nation's third most populous state. By 2030, the Census Bureau projects the state’s population will reach 28.6 million, an increase of 12.7 million since 2000.

One reason for that growth is that the state’s highly diversified economy continues to attract jobs in tourism, technology, international trade and business services. That brings in individuals, couples and families in their 20s to 50s, primarily to Florida’s larger metropolitan areas.
In addition, Florida traditionally captures a large share of the domestic retiree market, ranging from highly affluent entrepreneurs and executives to moderate-income couples seeking a warm-weather destination with plenty of recreational opportunities.

According to the Census Bureau, there are 76 million baby boomers born between 1946 and 1964. If only 5 percent retire to Florida, that alone would add 3.8 million new residents.
International buyers provide a third stream of migration into Florida, including working-age professionals, retirees and affluent second-home buyers.

As Riley said, “The bottom line is that more than 900 people move to Florida every day. That provides a solid foundation for our state’s residential real estate market.”

2008-06-19T07:29:00.001-07:00

Florida’s strong population growth boosts demand for housing

As one of the fastest growing states in the nation, Florida’s population is expected to increase by 325,000 in 2008, spurring demand for working-age and retirement housing.
“Florida remains a prime destination for workers seeking new jobs and for the growing wave of baby boomers,” said economist Hank Fishkind, president of Fishkind & Associates in Orlando. “However, a slower national economy means that 2008 growth will be somewhat below the levels seen during the recent boom years.”

Fishkind’s analysis of demographic data indicates Florida enjoyed a net population growth of 350,000 each year from 2000 to 2006. That includes about 203,000 people who moved to Florida from other states, about 107,000 migrants from foreign countries and about 47,000 from natural increase (total births minus total deaths).
“It’s important to note that this is net growth,” added Fishkind. “The actual number of people who move to Florida each year is far greater.”
On the domestic side, the strongest “sending” states are New York, New Jersey, Illinois, Ohio, Pennsylvania, Georgia, Michigan and California. Among top foreign countries are Venezuela, Puerto Rico, the United Kingdom and Canada.

“Florida has a long history of population growth regardless of the nation’s economic cycle,” said Nancy Riley, a broker with Coldwell Banker Residential Real Estate in Pinellas County and the 2007 president of the Florida Association of Realtors® (FAR). She added that Florida has been one of the top ten fastest growing states for seven decades in a row, exceeding the U.S. average by 100 percent since 1970.

In fact, the U.S. Census Bureau projects that in 2010 Florida will surpass New York and become the nation's third most populous state. By 2030, the Census Bureau projects the state’s population will reach 28.6 million, an increase of 12.7 million since 2000.
One reason for that growth is that the state’s highly diversified economy continues to attract jobs in tourism, technology, international trade and business services. That brings in individuals, couples and families in their 20s to 50s, primarily to Florida’s larger metropolitan areas.
In addition, Florida traditionally captures a large share of the domestic retiree market, ranging from highly affluent entrepreneurs and executives to moderate-income couples seeking a warm-weather destination with plenty of recreational opportunities.

According to the Census Bureau, there are 76 million baby boomers born between 1946 and 1964. If only 5 percent retire to Florida, that alone would add 3.8 million new residents.
International buyers provide a third stream of migration into Florida, including working-age professionals, retirees and affluent second-home buyers.
As Riley said, “The bottom line is that more than 900 people move to Florida every day. That provides a solid foundation for our state’s residential real estate market.”

2008-06-19T07:29:00.000-07:00

2008-06-19T07:23:00.000-07:00

Use Your IRA to Their Purchase Your Dream Home Today!

Baby Boomers Here's How to Use Your IRA to Their Purchase Your Dream Home Today!

Real Estate is not necessarily rocket scientist work.
The key is to buy when everyone is selling and sell when everyone
is buying. Obviously, it is a great time to buy.

One tool I have promoted in the past was to utilize your IRA to purchase investment property through establishing a Self- Directed IRA. Unfortunately, if your IRA held the property you were precluded from utilizing the property for personal use. The property must strictly have been purchased solely for investment purposes. In addition, no bank I have ever worked with has ever agreed to lend money to property titled in a Self-Directed IRA.

Fortunately, thanks to a little utilized provision in the Internal Revenue Code there is a way for Buyers to get at their retirement account for personal use without paying a penalty and still obtain mortgage financing as title will be placed in their individual name. A friend of mine Harry J. Abrahamsen, a Financial Planner in Holmdel, New Jersey recently introduced this concept to me over dinner. Harry is quoted in the recent special issue of Forbes Investment Guide which is on newsstands through August 17, 2008.

I discovered the IRS allows individuals to dodge the standard early withdrawal tax at any age via a 72(t) distribution. However, there is a catch. Distributions are subject to ordinary income. Additionally, once distributions start they must continue for five years or until the beneficiary reaches 59 1/2 years old, whichever is longer.

Harry claims the best people suited for 72(t) distributions are individuals with fairly large IRA's who want to enjoy their money before retiring. "Maybe you're 50 and ten years away from a retirement that you dream will include a beach cottage. Why not use your IRA to start enjoying the beach house now, when real estate is cheap and you can lock in low interest rates?"
Forbes Magazine Illustrates that Alfonse DeMaria, a 41 year old New Jersey Chiropractor followed Harry's advice four years ago when he tapped into his $700,000.00 IRA to buy a farm house with acreage in rural New York. His $3,000.00 monthly distribution covers his monthly mortgage payments and real estate taxes. DeMaria enthusiastically claims "My kids and I can start enjoying the house now rather than 25 years from now, and it will still be here then, too!!!"
WOW! What an opportunity for baby boomers. What better reason to get off the fence. Monthly periodic payments can be used to qualify for mortgage financing opening doors most people don't even know exist.

If a 72(t) distribution makes sense the next step is deciding on one of three ways to calculate distribution. Depending on which method is chosen, if a 50 year old has an existing IRA account of $500,000.00, he or she can receive approximately $24,000.00 a year (or $2,000.00 a month) to pay their mortgage which will allow them to buy their dream home today.

Feel free to contact me should you have any questions.

Have a GREAT day!
Michelle
Prudential Florida WCI Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
www.MichelleDeNomme.com
Michelle DeNomme, REALTOR

This e-mail was provided by Law Offices of Ronald S. Webster

2008-05-16T15:25:00.000-07:00

let's Talk!
Renowned Florida economist Hank Fishkind spoke
the words Naples Realtors and brokers wanted to hear.

The housing markets hit bottom in Collier County and home prices aren’t
going to drop anymore, he said Thursday in a talk organized by the Naples
Area Board of Realtors. “The markets are not eroding further,” said Fishkind,
principal of Orlando-based Fishkind & Associates.

Prices have flattened out and if they were going to fall any more that would
have happened in the last six months, he said. However, he said it will take
another six to 12 months for sales volumes to really start improving in the
Naples area.

In Lee and Charlotte counties, the recovery is going to take longer because
there are higher inventories of unsold homes, Fishkind said. In those counties,
there was more overbuilding because land prices were so much cheaper, he said.
While he described the condominium market in Florida as a “disaster” generally
because there has been so much overbuilding, he said it’s not as bad in the
Naples area because the scarcity of land and high land prices have limited new
development.

He described the unsold inventory of new homes in Collier County as
“fairly small.” In February, a little more than 200 existing single-family
homes sold at an average price of $540,000 in Collier County, according
to deed records, Fishkind said. There were more than 100 new single-family
homes that sold for an average price of $375,000. About 50 new condominiums
sold for an average price of $350,000, and about 175 existing ones sold for an
average price of $425,000 in February, he said. “Basically prices are the same
as in 2006,” Fishkind said. He predicts that it will be “years” before prices go up
again.

Fishkind also touched on job losses and foreclosures in Collier County.
As of March 8, the county had lost about 7,400 jobs year-over-year.
In Lee County, there were 11,000 jobs lost in the same 12 months.
Fishkind called it “ugly,” but said he believes the worst is over.
Statewide, more than 77,000 jobs have been lost in the last year.
Many were in construction. Builders have been forced to make cutbacks
with the slowdown in residential and commercial construction, and some
have gone bankrupt. Collier has been hard hit because its economy isn’t
diversified and its main drivers are construction and tourism, Fishkind said.
“Employment growth is going to be modest at best over the next few years,”
he said. On the foreclosure front, there have been 1,600 single-family
foreclosure filings in Collier since the beginning of the year. In all of 2007, there were 1,500, Fishkind said.

For condominiums, there have been 400 foreclosure filings so far this year,
almost as many as for last year. “I think ultimately we will start to see
that peak and then level off. It’s a reflection of all the adjustable rate
mortgages coming due,” said Russ Weyer, a senior associate with Fishkind &
Associates, in an interview after the talk.

Lee County filings have already showed signs of stabilizing, he said.
The decline in housing starts will bottom out in 2008, but don’t expect
them to skyrocket again like “Mount Everest,” Fishkind said.

The housing correction, high energy prices and federal cuts in interest
rates all point to a national recession, he said. He doesn’t expect a recovery
in Florida’s economy this year. He predicts that the population won’t start
growing again until next year. When people start spending more that will
make the difference, he said. That could happen in a few months when
millions of taxpayers receive economic stimulus checks from the federal
government.

More than 200 people attended Fishkind’s presentation, held at
NABOR’s office off Pine Ridge Road. It was a record showing for a
NABOR quarterly luncheon.

John Zagar, president for Stock Realty in Naples, said
Fishkind reaffirmed his own thoughts about the turning market.
At Lely Resort, one of Stock Construction’s communities
off U.S. 41 East, there were 160 sales in the first three months
of this year, compared to about 100 for all of 2007, he said.

Arlene Carozza, NABOR’s president, said after the board’s
March report showed a sharp spike in pending sales the
members started feeling the worst was behind them.
Though the busy winter season traditionally ends at Easter,
local Realtors continue to be busy with more open houses,
showings and closings, she said.
“Usually by this time Naples is cleared out,”
Carozza said. “People are staying — and buying.”

Be sure to contact me with any questions you may have by e-mail at Michelle@NaplesHomeSweetHome.com...

To see Hank Fishkind’s full report, visit www.fishkind.com.

2007-12-08T15:19:00.000-08:00

UF survey: Florida’s real estate report mixed!!!
GAINESVILLE, Fla. – Dec. 7, 2007 –

All is not gloom and doom with Florida real estate, according to the latest University of Florida study, which finds a positive outlook for commercial properties despite the bad news in the housing market.“There is more than one world of real estate, and while you can paint a very grim picture of single-family housing and condos, rental and commercial property look on balance to be healthy and normal even though they are not as rosy as they were a year ago,” said Wayne Archer, director of UF’s Bergstrom Center for Real Estate Studies.

The findings are from the center’s quarterly survey of Florida real estate trends that was completed in October. A total of 339 professional real estate analysts and investors participated in the survey, with appraisers making up the largest group, 60 percent, followed by consultants, 10 percent, and brokers, 9 percent. The report’s release coincides with Florida being reported as one of a handful of states most vulnerable to the effects of the subprime mortgage fallout, with one widely quoted property expert even going so far as to say that “Florida is the epicenter of all things wrong with the housing industry,” Archer said.“What these apocalyptic accounts fail to consider is that job formation and migration to the state are still strong, and these are the factors that drive the real estate market,” he said.

Many of the pessimistic reports look only at the single family and condo picture, which are not doing well, but investment, occupancy and rental rates for retail, office, industrial and hospitality are considered to be progressing normally, although not in as good a shape as a year ago, Archer said.The outlook for nearly all of the commercial and rental markets — apartment, office, retail and industrial — calls for them to increase slightly less than the rate of inflation compared to slightly more than the rate of inflation that was predicted a year ago, he said.“With all the horror stories in the news about foreclosures, people can’t help but be a little more sober and cautious,” he said.

The one segment of the single-family market upon which the UF survey collects detailed information, the new home market, is the least distressed, Archer said. “While the outlook for existing home sales is grim for the next quarter or two and possibly even over the next year, the outlook for new home sales looks like it’s going to be stable a year from now, at least in some markets,” he said.Inventories of existing single-family homes are at their highest levels in a long time, with part of the problem stemming from second home purchases, Archer said.

Many people who were disappointed with the stock market returns invested their retirement savings in second homes or rental homes with the intention of selling them for a quick profit, only to have the market turn sour, leaving a huge inventory, he said.To make matters worse, people who might normally meet the marginal requirements for a mortgage can no longer qualify because of the current credit crunch, Archer said.

At the same time, homeowners who are selling expect to get the same price they might have received a year or two ago, he said.“Unfortunately, those prices had inflated enormously and in most cases there is simply going to have to be some adjustment over the next year or two,” he said. Florida’s housing picture is the worst on the southwest coast, particularly for existing single-family homes, but it is mixed in southeast Florida, Archer said. “While the condo story for Miami and southeast Florida is disastrous, it’s a different situation with freestanding single-family homes, where the volume of sales is expected to stabilize in the next year or so,” he said.

One factor to its advantage is that the southeast coast is a haven for international investment and the recent decline in the dollar makes it even more attractive, he said.The single-family housing market is healthiest and apartment occupancy rates most stable in north and central Florida, Archer said. In Jacksonville, half the respondents expect an increase over the next year in absorption rates, the ability of the real estate market to sell off houses that are for sale, he said.

2007-11-30T20:36:00.000-08:00

Let's Talk... Todays News!
Brought to you by Michelle DeNomme, REALTOR with Prudential Florida WCI Realty and your financial partners at WCI Mortgage, an Affiliate of Wells Fargo Home Mortgage!

In today’s competitive market, it’s essential that we maximize every aspect of our business. From time management and productivity to marketing and developing client relationships, there are numerous challenges and opportunities facing every professional.

In The News:

Fed Official Sees Housing Rebound
American Banker, November 28, 2007
By Steven Sloan

The worst of the problems in the housing market should pass by June 30, according to Charles Plosser, the president of the Federal Reserve Bank of Philadelphia.
"I expect the decline in housing activity will bottom out by the end of the second quarter next year," Mr. Plosser said in a speech outlining his economic forecast at the University of Rochester. "Residential investment should then turn positive in the remaining quarters of the year, for the first time in more than two years." He also said the Fed cannot help the market determine the true price of risky subprime mortgages.

"It is important to recognize that the Federal Reserve cannot resolve this price discovery problem," he said. "The markets will have to figure this out."

Traveling around the state and speaking to many others in the Real Estate industry, I find that so many of us have much in common as we navigate the waters of the current market. We agree that the media is driving much of this. Therefore, it is more important than ever that we educate our clients. It is up to us! It is a buyer’s market and there are buyers out there. We have to do what we do best, bring the buyers and sellers together. We are going back to the basics to get this done. In the end, we will be stronger and better for it!
In light of all of the media news, I thought it would be enlightening, and fun, to share some of the media quotes that have been made in the past. If you would like to copy and share any information in the Team News with your clients, please feel free to do so.
Media Quotes Regarding Housing Forecast… This puts the media coverage we see and hear into perspective Tracking the Track Record What the ‘Experts’ Say about Housing Prices

“The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline.”- Time Magazine 1947

“Houses cost too much for the mass market. Today’s average price is out of reach for two-thirds of all buyers.” Science Digest 1948 (average price at the time: $8,000)

“The goal of owning a home seems to be getting beyond the reach of more and more Americans.”-Business Week 1969 (average price at the time: $28,000)

“The era of easy profits in real estate may be drawing to a close.”-Money Magazine 1981

“If you are looking to buy, be careful. Rising home values are not a sure thing anymore.”-Miami Herald 1985

“Most economists agree…a home will become little more than a roof and a tax deduction, certainly not the lucrative investment it was…”-Money Magazine 1986

“We’re starting to go back to the time when you bought a home not for its potential money-making abilities, but rather as a nesting spot.”-Los Angeles Times 1993 Note that 1993 was the absolute low-point for real estate values in Los Angeles. Prices have sky-rocketed since.

“Financial planners agree that houses will continue to be a poor investment.”
-Kiplinger’s Personal Financial Magazine 1993

“A home is where the bad investment is.” -San Francisco Examiner 1996

Why use WCI Mortgage, an Affiliate of Wells Fargo Home Mortgage?
The list is endless! But we will list and go into detail on one each week. Let’s start with- We’re part of your TEAM! We are here to support you and your efforts! Grow our successes together~ as one. When you succeed, we succeed. We have many programs in place to ensure your success.

Straight To Close!

This is a program that our clients love and our Realtor partners too! Straight to close is a program that is exactly as I sounds- an acceptable appraisal, title, homeowner’s insurance, and straight to close you go!

Realtor Question: Will my buyer pay a higher rate to qualify for the straight to close program?

WCI Mortgage Answer: Not with us! We will give them the standard rate for the product of their choice, be it one of our many ARMs or one of our fixed rate options!

Realtor Question: How do I find out if my buyer can qualify for straight to close?

WCI Mortgage Answer: Call us! We can speak with your client and let you know within 30 minutes!

With all of the recent changes in the industry, to still have this program available is a high benefit to all parties involved. Realtors know that they have a commitment up front, buyer and sellers know that they have a commitment up front! Allows for faster closings, better efficiencies, better customer service= Isn’t that what it’s all about?

Lets Talk! If you have questions about any of our programs and products, or if you would like to speak with us about our partnership with you, please call us! We are committed to your success!
After all, we are a team!
Michelle DeNomme, REALTOR

Thought of the week:

“Tomorrow comes at us with ever-increasing speed. We need to engage it- today. Seize its opportunity- now. Start shaping its possibilities- in this very moment. And our approach must be very different from behaviors we’ve relied on in the past. The promise and opportunities that the future offers are outstanding. Truly unprecedented. But we have to deliberately manage toward mañana.”
~Price Pritchett

2007-11-02T08:01:00.000-07:00

Let's Talk!!!

I have some new news to share with you about our market here in Naples...
Please take a moment to read the following attached link...
http://money.cnn.com/galleries/2007/real_estate/0706/gallery.condo_bargain_hunting.fortune/2.html

Have you ever wondered who buys and sells luxury homes?
How about the strategies employed by agents who work with affluent homeowners? Good news!
The Luxury Home Council has recently released the results of The 2007 Membership Survey of Luxury Housing Market Trends just in time to answer all of your burning questions. The survey's findings provide revealing insight into the trends of the luxury home market. If you have any further questions regarding this current Trends Report, please email (Michelle@NaplesHomeSweetHome.com) or I would appreciate hearing from you.

Highlights from the report include:
The largest percentage of luxury home buyers falls into the 40-50 age group (48%) followed closely by the 50-65 age group (44%). These affluent buyers are what marketing experts describe as the "Baby Boomer" market, a 78 million strong segment of the population that has reached its peak earning years and is now benefiting from a rising stock market and historically high home prices.
The most common occupation of luxury home buyers is that of an entrepreneur (51%), followed by large business executive (46%) or medical doctor (24%). The number one service affluent home buyers are interested in receiving from their luxury home specialist is help in finding a home (86%) followed by help in managing the transaction (56%), and expert counsel during a negation (43%) The typical luxury home buyer makes a large cash investment in their home purchase amounting to over a third of the overall purchase price. In many metro markets this would exceed a quarter of a million dollars. This compares to the median amount financed by all buyers in 2006 of 91% of the purchase price.

The average luxury home buyer spends 11 weeks looking for a home and views 12 homes.
Luxury home buyers on average search for homes consisting of at least 3500-4000 square feet, with 4-5 bedrooms, and 3-4 bathrooms.

When selecting a home to purchase luxury home buyers often search for a home that will provide a lifestyle not just a place to live. The most popular amenities include gourmet kitchens (95%), master bedroom suites (86%), specialty construction items (66%), high end appliance packages (64%), home office suites (58%), and home theater rooms (55%).

By far the vast majority of luxury home buyers active in the market today are best described as "new money". This means that they are not merely living off the successes of past generations. This data is further supported by a report from research firm TNS which reports that the number of millionaires in the US has reached an all time high of 9.3 million households as of mid-2006.

The average listing price for luxury homes is nearly $900,000 dollars, or over four times more than the median price of all US Homes as of May 15, 2007 ($212,300).

To view the complete report visit http://www.luxuryhomecouncil.com/.

The 2007 Membership Survey of Luxury Housing Market Trends was conducted between April 24, 2007 and May 29, 2007 utilizing software provided by Zoomerang.com. The survey was sent to 1036 members of the Luxury Home Council, an exclusive group of REALTORS® who specialize in selling Luxury Housing, 202 members provided useable answers to the survey questions.

I have also attached my "Fine Home Listings" For Your Review...

Serafina at Tiburon:

2924 Tiburon Blvd East... MLS # 207026259
http://tours4.vht.com/STD/T1125450/nobranding

2880 Tiburon Blvd East... MLS # 207007895
http://tours3.vht.com/STD/T1056747/nobranding

Royal Harbor:
1409 Dolphin Road... MLS # 206053564 ...
http://tours4.vht.com/ROF/T1100851/nobranding

Ventanas at Tiburon:
2748 Tiburon Blvd East, C-503... MLS # 207002185
http://tours4.vht.com/STD/T1104074/nobranding

Bolero at Tiburon:
2625 Estrella Court, Unit 103... MLS # 207013894
http://tours4.vht.com/STD/T1113438/nobranding

Castillo at Tiburon:
2874 Castillo Court, Unit 101... MLS # 207014232
http://tours4.vht.com/STD/T1113507/nobranding

Saratoga at Lely:
8196 Saratoga Drive, Unit 504... MLS # 206055985...
http://www.visualtour.com/show.asp?sk=13&t=834114

Mariposa at Whippoorwill:
1325 Mariposa Circle, Unit 104 ... MLS # 207006846
http://tours4.vht.com/STD/T50001085/nobranding

Sapphire Lakes:
228 Belina drive, Unit 608... MLS # 207040807
http://tours4.vht.com/STD/T1140592/nobranding

As always if you have any questions regarding Real Estate in Southwest Florida, please feel free to contact me by calling 239.404.7787....
Prudential Florida WCI Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
http://www.michelledenomme.com/
Michelle DeNomme, REALTOR

Let's Talk... Naples Beach Pass!

2007-11-01T16:52:00.000-07:00

Let's Talk... It's that time once again to renew your Naples Beach Pass...

It's as easy as one, two, three...

How to receive your Parking Sticker...

Collier County taxpayers may receive a permit to park at all City of Naples and Collier County beaches free of charge. Documentation needed to prove eligibility is listed below, and all materials must be originals and show the property owner's or resident's complete name. Persons who own property or register a vehicle within Collier County are considered tax payers for this purpose.

Beach parking stickers must be permanently affixed to the left rear bumper of the vehicle listed on the application card, and are not transferrable. Vehicles with valid beach permits may park free of charge in metered spaces at City and County beaches, beach ends of City streets, and in any space designated as requiring a beach permit.
Requirements - Full Time Residents:
1. Florida driver's license with Collier County address, or Collier County voter's registration
card.
2. Collier County vehicle registration, or non-Collier vehicle registration and Collier County
tax statement.
Requirements - Part Time Residents:

1. Out of state driver's license.

2. Vehicle registration.

3. Collier County tax statement, or deed or closing papers for property in Collier County.

Visitors to the City of Naples:
As of March 1, 2007, the City and the County will begin selling annual beach parking stickers for $30 to visitors and part-time residents who do not own property. The stickers will cover 12 months of parking beginning at the time of purchase.

$30 beach parking stickers are available at the following locations:
· Caxambas Park
· Veterans Community Park
· North Collier Regional Park Exhibit Hall
· North Collier Government Services Center - Orange Blossom
· City of Naples - City Hall

If visitors do not wish to purchase an annual beach parking sticker, they still have the option to pay as they park. Visitors without a permit must park in metered spaces. In the City limits, the rate is 25 cents for 15 minutes. Parking meters accept quarters only, however the parking lots at the Naples Pier and Lowdermilk Park accept bills and credit cards.

Parking at the Naples Landing Boat Launch By Resolution 02-9553, the City established fees for annual parking permits at Naples Landing Park. People who want to park at the boat launch can pay with quarters at the meters (four quarters for an hour), and we have a change machine available for their convenience. However, frequent boat launch users may find the calendar year permit to their advantage.

$60.00 for a calendar year annual permit purchased prior to May 1st of any calendar year.
$40.00 for a calendar year annual permit purchased prior to September 1st of any calendar year.
$20.00 for a calendar year annual permit purchased on or after September 1st of any calendar year

These permits are available at City Hall, 735 8th Street South, at the Customer Service/Cashier Counter, during our regular business hours. Please note that these permits are only good at the Landings, and expire on December 31, annually.

There is limited free parking at the Landings for vehicles that are not towing trailers. We encourage you to visit this lovely park, and look forward to seeing you there!
Just remember that by visiting my web-site you can receive valuable information that may be helpful to you...

Come and take a look by logging on to http://www.napleshomesweethome.com/
I can also be reached by calling 239.404.7787
Have a GREAT day!
Michelle

2007-11-01T13:50:00.000-07:00

Let's Talk about My Deal that Rock's...

Castillo at Tiburon...

Come and Live the day away at Castillo at Tiburon...

Voted the BEST Deal in all of Castillo...

Outstanding Buyer Incentives!

Contact me today for all the details... 239.404.7787

Michelle DeNomme, REALTOR

Prudential Florida WCI Realty

2007-11-01T13:42:00.000-07:00

Let's Talk! Naples Events!

I have put together a calendar of some of our Top Naples Events...
I hope you can save the dates and attend theses events that only Naples downtown has to offer...
See you there!

Calendar of Events....

THURSDAY, NOVEMBER 8, 2007
"CRUISING THE TROPICS" EVENING ON 5TH AVE., S. , 6:30-9:30PM

THURSDAY, NOVEMBER 15, 2007
FALL WINE TOUR, PARTICIPATING RESTAURANTS ON 5TH AVE, BAYFRONT AND TIN CITY, 5:30-9:00PM

Friday, November 30th, 2007
Naples 6th Charity Event a “Fun” Raiser for the "Sunshine Kids" Join us in Celebrating a evening of fun at the Naples Beach Hotel Golf & Tennis Club Friday, November 30, 2007, Giggles at 6:00 p.m. Cocktails and Eatables with Silent and Live Auction All to the outstanding sounds of Phoenix! $ 75.00 Admits One Person.
Be sure to contact me for all the details... Michelle DeNomme, 239.404.7787

WEDNESDAY, DECEMBER 5, 2007
ANNUAL CHRISTMAS WALK, 5TH AVE. S., & SUGDEN PLAZA, 6-9PM. (this is a change from the Downtown Naples Guide.)

THURSDAY, DECEMBER 6, 2007
HANUKAH CELEBRATION, SUGDEN PLAZA

TUESDAY, DECEMBER 11, 2007
CITY OF NAPLES CHRISTMAS PARADE, 6:00 PM

WEDNESDAY, DECEMBER 12, 2007
TUBA CHRISTMAS

THURSDAY, DECEMBER 13, 2007
HOLIDAY EVENING ON FIFTH AVENUE, 6-9PM

SATURDAY, DECEMBER 29 AND SUNDAY, DECEMBER 30
DOWNTOWN NAPLES FESTIVAL OF THE ARTS ON 5TH AVE., SOUTH , 10:00 AM TO 5:00
Please contact me, 239.404.7787 for all of the details to each of the scheduled events...
Have a fantastic evening!
Michelle

2007-11-01T13:32:00.000-07:00

Let's Talk!!!
Florida House & Senate Pass Property TAX-REFORM Plan...

With overwhelming bi-partisan support, the Florida House & Senate passed an improved property tax reform plan yesterday that is expected to provide over $12 billion in tax relief during the next 5 years.

Our early understanding of the major benefits of the bill are as follows:
* The homestead exemption is doubled from $25,000 to $50,000, although the second $25,000
exemption will not reduce local school tax collections.
* Preserves the Save Our Homes (SOH) Cap of 3% and provides for Save Our Homes
Portability. Permits a homesteader moving to a higher priced home (higher than the value of
their current home based on the tax appraiser’s “Just Value Assessment”) to take all of his
SOH savings up to a maximum of $500,000.

For homesteaders moving to a less expensive home, the plan would allow them to take a portion of their SOH savings. See below for an explanation and examples of the formula to be used to determine the amount of SOH savings that would be applied to the new residence.
The portability provision of the bill would be retroactive to January 1, 2007 and therefore would cover any homesteader who purchased another residence in 2007 for a total of 2 years. Jan 1, 2007 to Jan 1, 2009.

* Approves a controversial proposal from the House that provides an assessment cap similar to
the “Save Our Homes,” Cap, to second home owners-non-homestead and commercial
properties. The cap is set at 10% and represents a huge precedent for a state to provide tax
assessment caps for second home, investment and commercial property owners.

This non-homestead cap of 10% for second home purchasers, and investors will represent a substantial savings if buyers move quickly to take advantage and lock in the low prices we now see in today’s market.
* The plan also includes a $25,000 exemption for the taxes businesses pay on equipment and
other personal property.

SAVE OUR HOMES PORTABILITY FORMULA AND EXAMPLES...
If the homesteader is purchasing a home that carries a just value greater than or equal to the just value of the prior homestead, the assessed value of the new homestead shall be the just value of the new homestead minus an amount equal to the lesser of $500,000 or the difference between the just value and the assessed value of the prior homestead.

A Current Homesteader Who Purchases a Home that Exceeds the Just Value of His Current Home Current Homestead
(A) Current Just Value of his property is $500,000
(B) Has a Save Our Home (SOH) savings of - $200,000
(C) Pays taxes on the remaining assessed value of =$300,000
Newly Purchased Homestead
(D) Just value of the new property is $800,000
(E) Minus the $200,000 SOH savings above -$200,000
(F) Equals the assessed value of the new homestead $600,000

The maximum amount of SOH savings that this homeowner can take with them is the lesser of $200,000 or $500,000 and therefore the $200,000 would apply.
A Current Homesteader Who Purchases a Home that is Less than the Just Value of His Current Home Current Homestead
(G) Current Just Value of his property is $600,000
(H) Has a Save Our Homes (SOH) savings on his -$300,000 current homestead of 50%
(I) Equals the adjusted assessed value of $300,000
Newly Purchased Homestead with a just value of $400,000 The assessed value of the new homestead shall be equal to (J) the just value of the new homestead divided by the (K) just value of the prior homestead and multiplied by (L) the assessed value of the prior homestead. ie:
(J) Just Value of the New Property $400,000
(K) Just Value of the Prior Homestead above (G) $600,000
(L) Assessed Value of the Prior Homestead above (I) $300,000
(J) divided by (K) multiplied by (L) = the assessed value of the new homestead
$400,000 divided by $600,000 multiplied by $300,000 equals approximately $200,000, the
amount the new property will be assessed for.

However, if the difference between the just value of the new homestead and the assessed value of the new homestead calculated is greater than $500,000, the assessed value of the new homestead shall be increased so that the difference between the just value and the assessed value does not exceed $500,000. ie:
(M) $1,000.000 Just Value of the new homestead
(N) $ 400,000 Assessed Value of the new homestead
(After applying the above mentioned formula above)

The difference between the just value of $1 Million dollars and the value of the new assessment of $400,000 is $600,000. This exceeds the permitted maximum of $500,000 and therefore the $400,000 assessment on the new homestead would be raised to $500,000.
Although the final plan was not as ambitious as what the House proposed, it provides great benefits to owners of primary, second homes, investment and commercial properties.
MOST IMPORTANTLY, the cap on second home and investment property assessments represent a unique opportunity for buyers to lock in substantial tax savings based on the historically low prices we see today. This record setting property tax plan should be vigorously supported by all as it has substantial benefits for all property owners. This proposal will be included on the Presidential ballot of Jan. 29, 2008, when voters go to the polls.

I hope that this helps to provide you with an overall outline as to how the Tax-Reform Plan stands as of today... Please feel free to contact me with any questions you may have by e-mail or by cell at 239.404.7787...
Have a GREAT day!
Michelle
Prudential Florida WCI Realty
Michelle@NaplesHomeSweetHome.com
Cellular Phone 239.404.7787
www.MichelleDeNomme.com
Michelle DeNomme, REALTOR

2007-11-01T13:27:00.000-07:00

Let's Talk! International ...

This is an international website with over 3 million properties around the world. When someone from another country does a search for Naples Florida properties, your property will appear on the site with only a limited number of other Naples properties. For instance, with over 11,000 Naples properties currently available, only 839 appear on this site.
Yours is one of them. www.WorldProperties.com takes information from Realtor.com but only from a limited number of brokers who have signed up to appear on WorldProperties.com.

By simply clicking on the link to my website, www.NaplesHomesweetHome.com you will be able to view my Fine Home Listings, "Deals that Rock" and be sure to view my new informational pages such as "Michelle's Rolodex "and much much more!

Have a terrific day!
Michelle DeNomme, Realtor®Selling Naples Florida Real Estate
Michelle@NaplesHomeSweetHome.com

Southwest Florida Relocation Specialist

2007-09-10T15:42:00.000-07:00

Michelle DeNomme, Realtor
239.404.7787
Prudential Florida WCI Realty

I invite you to make... Naples
"Your Home Sweet Home"

My expertise will be invaluable to you in your selection process whether you are Buying, Selling your home or relocating to Southwest Florida…

As Your Relocation Agent…
People relocate for a number of reasons. Some of us move for new work opportunities,
some of us move to be closer to family, and some of us move just for the adventure of new
places and opportunities. Whatever the reason for your relocation, it is bound to be a time
that – though exciting – will also be hectic. There are so many details that you need to take care of as you move out of your familiar environs and move into an unfamiliar community.

To minimize the stress of this move you need the assistance of a qualified professional who has an intimate knowledge of the area to which you are relocating. Michelle along with Prudential Florida WCI Realty has been successful in helping numerous families with the transition to a new neighborhood and we are experienced at making this process as painless as possible.Whether you are moving across town or across the country, we will make sure that your move is quick and painless. I will make sure that your move is handled professionally,
promptly, efficiently and with the utmost attention to detail.

Prudential Real Estate is the first fully-integrated real estate and relocation company – a leading provider of global mobility services, delivering a broad range of relation services to corporations, government agencies and individuals worldwide. Our award-winning relocation department processes over 5,600 referrals each year with an exceptional conversion rate far in excess of the national average.

Prudential Referral Services (PRS) maximizes lead opportunities by supporting broker-to-broker referral activity, facilitating lead generation, and increasing network professionalism and broker performance. Some of our corporate referral sources include, Prudential Relocation, Marriott, Graebel Relocation, GMAC, Primacy, Hewitt, Home Depot, YAHOO.COM LEADS – Prudential Platform.

“Working with my Realtor, Michelle DeNomme, on my relocation back to Naples was informative, professional and most of all she discovered exactly what I wanted”. “Her ability to listen and really hear my needs made the selection process remarkable, along with her expertise that was invaluable throughout my purchase process”. “Michelle has a great gift in understanding buyers desires and applied this gift to provide a seamless transaction”. “Let Michelle help you make your single most important purchase a memorable experience”.

…Sincerest Thanks, Jo

I still can't believe how much we packed into less than a week. Thanks so much for all you did. You have to be the very best Realtor in Naples and beyond! I was so dreading the whole obstacle of finding a place and you anticipated all of our questions, considerations, etc. You are a jewel!

…Susan and Kelly

Contact me today if you have any questions when it comes to your relocation
process... Let's Talk!

Have a GREAT day!
Michelle
Be sure to visit my web-site for more information on your relocation process....
http://www.napleshomesweethome.com/

What and When to have a "Mold Inspections In Southwest Florida"

2007-09-08T09:30:00.000-07:00

Let's Talk...
Did you know... that a mold inspection is not the same as a mold test? Home Owners, Buyers, Sellers, Realtors, and Insurance Company representitives should be aware of the difference. A mold test is only part of a Residential, Commercial, and Industrial Mold Inspection in Naples, Bonita Springs, Fort Myers and Cape Coral, Palm Beach, anywhere in Florida or the rest of the country. The Govenor of Florida recently signed legislation into law requiring mold inspectors to identify the source and extent of mold problems. Until the new law becomes effective, consumers need to understand lab analysis only reports are not enough information to decide if a structure has a "mold problem".

Real Estate Transaction this is what should be done:
Step 1
First-line mold screening performed by home inspectors is to get preliminary information on whether a mold problem may exist and further investigation is warranted.

Step 2
A professional mold inspector (CIE or CIH) will determine if property has a mold/moisture problem, identify and document the sources and write recommendations for corrections.

Step 3
Remediation Company will clean up mold problem following the recommendations of the CIETM (Certified Indoor Environmentalist) or CIH (Certified Industrial Hygienist) based on “IICRC S520 Standard for Mold Remediation.

Step 4
Clearance inspection and testing is performed by a CIETM or CIH to ensure mold clean up was done properly. Home Inspectors should not do Clearance inspections or testing unless they are qualified to write remediation specification or protocols and carry "mold specific" Errors and Omissions Insurance.

NOTE: LIABILITY for job passes to the person who performed the Clearance inspection. MOLD specific Errors and Omission insurance is NOT the same as Home Inspector Insurance. Many companies form a corporation and then just close company when liability issues arise.

Are you paying for a mold inspection and just getting a mold test?
Does your inspector tell you to call the lab to have your report explained?

Many Inspectors sell mold testing to consumers who think they are getting a mold inspection with report.

A Mold inspection report includes:

1. a scope of work performed.
2. an executive summary documenting any suspect conditions.
3. Lab analysis .... (test results)
4. Source identifications & RECOMMENDATIONS for corrections.
5. Photo's documenting signs moisture intrusion, suspected mold.
6. Infrared Thermal imaging camera survey of subject property.
7. May also include a particle count survey; to aid in finding the source of mold growth.

Your inspector should be able to explain your "mold inspection report" not tell you to call a lab that has never seen the property.

Many times a Mold Inspector’s charge for a “Mold Inspection” is about the same as a home inspector charges for a mold test.

Be sure to contact me with any questions you may have regarding your next Real Estate Transaction, I can help you with each and every detail whether you are Buying or Selling...

Have a GREAT day!
Michelle DeNomme, REALTOR
Prudential Florida WCI Realty
239.404.7787

Let's Talk... Naples Real Estate Deals That Rock!

2007-09-08T08:14:00.000-07:00

Let's Talk... about "Deals That Rock" in Naples, Florida !

Ventanas at Tiburon... Live like a Resort Guest with in your own home... This One Bedroom Two Bath home is Ranked the Best Deal in our Deals That Rock program at Prudential Florida WCI Realty... Outstanding Incentives!

Contact me for all the details on this...
"Deal That Rocks" ...
http://www.napleshomesweethome.com/