Let's Talk... Hot Off The Press!

June Market Report Shows  Strong Showing Activity Naples, Fla. (July 19, 2019) - Naples was recently voted the  number one southern "boomtown", which might be one reason  showings were up during June. The June 2019 Market Report released  by the Naples Area Board of REALTORS® (NABOR®), which tracks home  listings and sales within Collier County (excluding Marco Island), revealed  that 500 potential buyers were shown homes for sale in the Naples area  every day during June. Closed sales in the Naples area during June  decreased 10.3 percent compared to closed sales in June 2018, but closed  sales since January have only decreased .7 percent. In fact, closed sales  over the last 12 months are up in all price categories below $1 million.     Download this infographic "Now is the time to enter the market," said Mike Hughes, Vice  President and General Manager of Downing-Frye Realty, Inc.,  who added that only homes in the $1 million to $2 million had a  median closed price decrease in June. "Even though inventory  in June dropped almost 12 percent, values are holding steady  and the reduced competition provides great opportunities for sellers."    Bill Coffey, Broker Manager of Amerivest Realty Naples,  added that despite the inventory decrease "there is still  6.9 months of inventory available, which is well above the  Florida average of 4-months supply."   Broker analysts reviewing the June 2019 Market Report  recommend sellers consult a REALTOR® before listing a  home for sale. A REALTOR® can help a seller price a home  competitively. They can also maximize the home's marketing  and help the seller or buyer every step of the way.    A shift in buyer interest to single family homes in lower price  categories during the second quarter of the year was confirmed  by broker analysts. During June, new listings for single family  homes decreased 7.1 percent, while new listings for condominiums  decreased 4.2 percent.   According to the report, there were 798 price decreases in June.  Yet the month's overall median closed price increased 1.4 percent  to $335,000 from $330,400 in June 2018. The single-family home  median closed price decreased 8 percent in June, while the  condominium market median closed price increased 1.9 percent.    The NABOR® June 2019 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. NABOR® sales statistics  are presented in chart format, including these overall  4(single-family and condominium) findings:    "Year over year only properties above $2 million have had  price increases," said Kathy Zorn, broker/owner, Better Homes  and Gardens Real Estate Pristine. "In fact, the report shows  condominiums under $300,000 have experienced a year over  year decrease of 7.6 percent."   According to Wes Kunkle, President and Managing Broker at  Kunkle International Realty, "the commercial market in Naples  is seeing some new investor activity but not nearly as much  as what Lee County is experiencing."   "Loan modifications coming due for some homeowners could  be one reason there is an increase in foreclosures recently,"  said Lauren Melo, Broker at Florida's Realty Specialists. "But  the number of HELOCs are also on the rise, which could also  indicate increased equity and an improving market." As always if you have any questions please feel free to reach  out to me by e-mail at Michelle@NaplesHomeSweetHome.com  or by calling 239.404.7787.  I have provided the link below for the charts containing the  Market Statistics for June. I hope you have a fantastic week...:0) Michelle View the June 2019 Market Statistics

This Is the Best Place to Retire in Florida

We crunched the numbers 

so you don’t have to...

Marisa Spyker / Coastalliving.com

https://www.travelandleisure.com

It isn’t exactly shocking to hear that among the states most popular with retirees, Florida is always at the top of the list—and rightfully so, with its balmy weather and beautiful beaches.

But 1,350 miles of coastline leaves out-of-state transplants with a big decision: where within the state do you choose to live out your best years?

SmartAsset, a personal finance company, has crunched the numbers so you don’t have to. According to a new report that takes into account taxes, healthcare, and quality of life, the best place to retire in the Sunshine State is Naples.

The charming Gulf Coast town on the southwest corner of Florida has long been a paradise for retirees (51 percent of the current population are seniors). In addition to the city’s rich cultural offerings, Mediterranean-inspired architecture, and gorgeous beach sunsets, Naples scored high marks for its relatively low tax rates, ratio of doctors’ offices per 1,000 people (28.4), and number of recreation centers per 1,000 people (9.7).

As one of our original Happiest Seaside Towns, we’re certainly not surprised the dreamy Florida town took top honors. Other coastal faves that made the cut? New Port Richey and Sarasota are among the most attractive Gulf towns for retirees, with seniors making up more than a quarter of the population in each city currently. On the Atlantic side, Stuart and Vero Beach are top spots.

See the full list below, and read more about the rankings here.

1. Naples
2. New Port Richey
3. Orange Park
4. Brooksville
5. Stuart
6. Vero Beach
7. Inverness
8. Venice
9. Sarasota
10. Sun City Center

Let's Talk...Amazon can’t save Realogy, analysts say

Amazon can’t save Realogy, analysts say: After months of damning headlines, Realogy chief Ryan Schneider finally has something positive to talk about.

The firm’s blockbuster partnership with Amazon, announced Tuesday, sent the ailing conglomerate’s stock price up a whopping 19 percent. But Jeff Bezos isn’t the white knight that can save

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New stores opening at Aventura Mall, Lincoln Road, Bal Harbour & moreDespite retail turmoil across the United States, several new stores have opened or are planned in South Florida. Aventura Mall Hope & Henry, founded in 2016 by former Gymboree and Crazy 8 executives...therealdeal.com

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The best ice cream shop in every state From sea to shining sea, these are the best ice cream shops in every state for ice cream, ice pops, gelato, and more. travelandleisure.com