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June Real Estate Market Shows Signs Of Balance...
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Contact me today for more information on our south west Florida market.Let's Talk! I Invite you to make Southwest Florida and 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... Let me introduce you to Southwest Florida Inside and Out...I am Michelle DeNomme, REALTOR, GRI with Berkshire Hathaway HomeServices Florida Realty. Let's Talk Real Estate Today!
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June Real Estate Market Shows Signs Of Balance...
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Contact me today for more information on our south west Florida market.
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Let's Talk Market Report... April 2022
Contact me today for the full report by e-mail at Michelle@NaplesHomeSweetHome.com.
Naples, FL (May 23, 2022) – Overall inventory in Naples during April increased 16.5 percent to 1,668 properties from 1,432 properties in April 2021. Fueled by a swell of new single-family home listings, up 5.7 percent over last year, broker analysts reviewing the April 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are confident the Naples area housing market has reached a crossroad and is making its turn toward a balanced and healthy market.“It’s been thirty months since we’ve seen this many single-family home sellers enter our market in one month,” said Bill Coffey, Broker Manager of Amerivest Realty Naples. Coffey, along with several top brokers in Naples, say the shift indicates the Naples area housing market is redefining itself. Another major factor that signified the market was self-correcting to a new normal in April were the 549 price reductions (33 percent of the inventory) during the month.
Let's Talk... Hot Off the Press
An upscale restaurant coming to North Naples next year intends to transport diners to a stunning Mediterranean home in the Greek islands.
Estia, planning to transform the recently shuttered space of Bokamper’s Sports Bar & Grill, will be the first in Florida for the Pashalis family, which operates a restaurant group that includes three Estia Greek-Mediterranean restaurants in the Philadelphia and South Jersey area. Siblings Anastasia and Gus Pashalis are part of the Greek family involved in the Naples expansion. “My brother and I are first generation," Anastasia Pashalis said. “My parents and uncle immigrated to the United States in the 1970s.”
“We are very excited and look forward to serving everyone in the Naples area," she said. “The décor and food will make you feel like you are at a Greek island. The interior will be light and airy. We will offer whole fish simply grilled along with lamb, which is eaten often in Greece.”
From Gulfshore Business Daily
Let's Talk... Did You Know!
Naples-based Hoffmann Family of Companies closed this month on the Old Corkscrew Golf Club and the adjacent Cottages at Old Corkscrew in two real estate transactions totaling $19 million.
“We officially closed on Old Corkscrew," said Naples billionaire David Hoffmann, founder of Hoffmann Family of Companies. “We also bought the adjoining land next to Old Corkscrew, about 20 acres where we’re going to develop.”
Hoffmann Old Corkscrew Golf Club LLC acquired Old Corkscrew Golf Club in Estero for $14.5 million from Old Corkscrew Development Group LLC, the recorded deed shows. Although Hoffmann announced the sale last fall, it didn’t actually close until last Friday.
Published in Gulfshore Business Daily
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Did You Know!
NAPLES AIRPORT AUTHORITY LAUNCHES A LIVE FLIGHT TRACKING SYSTEM FOR PUBLIC USE
The Naples Airport Authority launched a new flight tracking system on its website where the public can watch time-delayed movement of aircraft arriving, departing and flying over Naples Airport and Southwest Florida. The new system also allows users to submit a written comment regarding aircraft operations on the tracking system website while noise comment information is documented, time-stamped, and submitted to the NAA to be included as part of the noise comment report which is reviewed and submitted to the NAA Board of Commissioners and the Noise Compatibility Committee.
From Gulfshore Business Daily
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SKYSAIL OPENS FOR PRESALE IN GOLDEN GATE ESTATES by Neal Communities
The new SkySail community, a 642-acre parcel that includes 246 acres of lakes, on Oil Well Road in Golden Gate Estates opened for presale with a variety of homesites within three sections. With presales by appointment only until after the community’s grand opening, SkySail homes offering 1,500 to 3,5000 square feet with up to five bedrooms and two- and three-car garages will begin in the $500,000s. Neal Communities plans to build up to 1,500 single-family and multifamily homes in the community.
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