Beckham, Miami-Dade talk soccer stadium

Negotiations on potential sites, MLS franchise expected today

January 28, 2014 12:00PM

Miami-Dade County is expected to start negotiating a deal for a Major League Soccer stadium in downtown Miami with soccer legend David Beckham’s investment team today.
The office of Mayor Carlos Gimenez is having a private meeting with representatives of Miami Beckham United to scout as many as 30 potential stadium sites, the Miami Herald reported. That includes the much-discussed location on county-owned land at PortMiami. An announcement on the status of the negotiations could follow as soon as next week.
Major League Soccer has historically targeted expansion cities that construction soccer stadiums in primary urban areas. While Gimenez has been adamant that the county would not provide stadium funding, Beckham’s team has hired a Tallahassee lobbyist to push for a state sales-tax subsidy.
Beckham’s investment team includes New York real estate developer John Alschuler. [Miami Herald] — Eric Kalis

Facebook going from next-hot-thing to ex-hot thing?

SEATTLE – Jan. 27, 2014 – Researchers from Princeton University predict that Facebook will lose 80 percent of its peak users between 2015 and 2017. What’s more, Facebook could suffer the same fate as MySpace, the once popular social network that has mostly faded away.

“Facebook … is just beginning to show the onset of an abandonment phase,” the researchers note, predicting “a rapid decline in Facebook activity in the next few years.”

Why the dim prediction for the world’s most popular social network?

Princeton researchers John Cannarella and Joshua A. Spechler equate Facebook to something like an epidemic – it first spread like an infectious disease, but the public will slowly become immune to its novelty and it will then ultimately die out.

“Ideas, like diseases, have been shown to spread infectiously between people before eventually dying out, and have been successfully described with epidemiological models...,” they note in their study. “Ideas are spread through communicative contact between different people who share ideas with each other. Idea manifesters ultimately lose interest with the idea and no longer manifest the idea, which can be thought of as the gain of ‘immunity’ to the idea.”

Teen usage with Facebook is already declining as teens move in higher numbers to other platforms like WhatsApp and Snapchat. Facebook’s chief financial officer David Ebersman also recently announced that the site saw a decrease in daily users, particularly among younger teens, in the last three months.

Facebook will announce its latest traffic figures to investors at the end of the month.

Source: “Facebook Could Die Out Like an Infectious Disease by 2017,” Gizmodo (Jan. 23, 2014) and “Facebook on the Verge of Losing 80 Percent of its Users, Say Princeton Researchers,” TechSpot (Jan. 23, 2014)

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Let's Talk... Paradise in Demand: 2013 Solid Year for Real Estate...

A service from the Naples Area Board of REALTORS®  Paradise in Demand: 2013 Solid Year for Real Estate   NAPLES, FL - All signs point to stabilization for the local housing market as evidenced in the 2013 Annual Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Overall pending and closed sales for homes over $300,000 increased by double digits in 2013. "The first sign of stabilization can be seen in the increase of traditional closed sales for 2013," said Pat Pitocchi, NABOR® President and Corporate Trainer at Downing-Frye Realty. "At the beginning of the year, 74 percent of sales were traditional, while 26 percent were non-traditional [short sale and foreclosed properties]; but by December, traditional sales rose to 83 percent of all sales leaving 17 percent as non-traditional." "This report indicates a tremendous market shift from home sales in the under $300,000 category to home sales in the over $300,000 categories," said Bill Coffey, Broker Manager of Amerivest Realty Naples. "Sales over $300,000 now drive the market. Closed sales of homes in the over $300,000 price categories increased by 22.5 percent in 2013." According to the report, the overall housing market inched ahead of activity reported in 2012, which was considered a recovery year by market expert Cindy Carroll, SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc. Overall median prices for properties between $300,000 - $2 million leveled off in 2013 with little or no change. However, median prices in the lower-end (under $300,000) and higher-end ($2 million+) increased 16 and 5 percent, respectively. "The report shows a clear and steady demand for housing in Naples," said Glenn Ginsburg, Broker/Owner of A Delta Realty of Naples, Inc. "The condo market was especially hot in 2013 with the most impressive activity in the $2 million and above category, which realized a 62 percent increase in closed sales from 60 units sold in 2012 to 97 units sold in 2013." The NABOR® 2013 Annual Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® Annual 2013 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: Overall closed sales in both the $300,000 - $500,000 and $2 million and above segments increased 27 percent from 1,366 in 2012 to 1,730 in 2013 and 234 in 2012 to 298 in 2013, respectively. Median prices for single family homes in the $300,000 and below category increased by 17 percent from $150,000 in 2012 to $175,000 in 2013. Overall inventory decreased by 18 percent from 6,557 properties in 2012 to 5,403 properties in 2013. Inventory in the condo market decreased by 23 percent. Closed sales in the single-family market rose 1 percent, while closed sales in the multi-family or condo market rose 8 percent. "The report indicates the housing market is behaving in a normal manner," said Mike Hughes, Vice President and General Manager of Downing-Frye Realty. "The solid incremental growth we experienced in 2013, especially in the middle priced markets, is a good sign our housing market has recovered. Homeowners that want to sell but are sitting on the fence need to understand that the lax lending environment, which created the last spike in prices, no longer exists. Demand for existing homes has increased in all price segments and in all neighborhoods. This may change when new home construction catches up, so now is a good time to call a REALTOR®." View 2013 Annual Market Statistics View 4th Quarter 2013 Market Statistics View December 2013 Market Statistics   To view the entire report, visit www.NaplesArea. 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. I hope you have a fantastic week! Michelle

Berkshire Hathaway HomeServices Florida Realty

Michelle@NaplesHomeSweetHome.com

Cellular Phone 239.404.7787

www.NaplesHomeSweetHome.com

Michelle J. DeNomme, REALTOR, GRI

Office: 239.659.2400

E-Fax Number: 239.236.5550

Blog Page: http://michelledenomme.blogspot.com

Twitter Me: DeNommeRealtor

 

The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 5,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.

The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.

 

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

News
A service for members of the Naples Area Board of REALTORS®


FLOOD INSURANCE DISCLOSURE

 Effective October 1, 2013, changes to federal law may drastically increase flood insurance premiums in Southwest Florida. NABOR’s Legal Resources Committee prepared a Flood Insurance Disclosure that should be given to and signed and dated by Buyers of residential property prior to execution of a Sales Contract.

 CLICK HERE FOR THE FLOOD INSURANCE DISCLOSURE

 More information is available at the following websites:

 www.floodsmart.gov

 www.fema.gov/national-flood-insurance-program

 www.fema.gov/floodplain-management/flood-insurance-rate-map-firm

 www.fema.gov/national-flood-insurance-program/flood-insurance-reform-act-2012

Let's Talk... Naples Home Sweet Home!

“Coming Soon” Berkshire Hathaway HomeServices Florida Realty!

I am happy to say that within a few short days I will have the pleasure of branding myself

with the Nation’s 2nd largest full service residential brokerage firm and Brookfield Assest Management a leading provider of Real Estate and Relocation Services, Technology and Professional Knowledge. HomeServices of America is affiliate of World- Renowned Berkshire Hathaway Inc. Prudential Florida Realty is the number one affiliate in Florida with 39 locations state wide! I am proud that we have a New Brand with so much magnitude, talk about a game changer!!!

Please feel free to contact me with any questions you may have by calling 239.404.7787 or by e-mail at Michelle@NaplesHOmeSweetHome.com

 

Let's Talk... Important Flood Insurance Information!

The Biggert-Waters Flood Insurance Reform Act of 2012 is a law passed by Congress and signed by the President in 2012 that extends the National Flood Insurance Program (NFIP) for five years. The Act also requires significant program reforms. This toolkit is meant to help answer your questions. Overview Answers to frequently asked questions: Q&A on the Biggert-Waters Flood Insurance Reform Act of 2012 (PDF) A brief outline of which rates will increase and when: Timeline: Biggert-Waters Flood Insurance Reform Act of 2012 A video that describes the history and upcoming changes to the National Flood Insurance Program: Flood Insurance Reform Act of 2012 Video FEMA PowerPoint with Audio (PPT) Total NFIP Policies in Force by State for FY 2012 (PDF) Total NFIP Claims by State for FY 2012 (PDF) Total Claim Payments (in dollars) by State for FY 2012 (PDF) NFIP Monthly Claims Statistics FEMA Flood Insurance - Videos on Demand Watch the full video or separate it into three parts. Getting To Know Flood Reform - Full Video (18:56) Individual chapter videos are also located at this link: Part 1 (8:43): Introduction to the NFIP – the Program's history and how it operates. It covers previous reforms enacted by Congress and how modifications have changed the NFIP. Part 2 (6:53): Comments from David Miller, Associate Administrator for Federal Insurance and Mitigation, open a review of Biggert-Waters. The basic goals of the legislation are discussed, including the Congressional goal of making the NFIP financially sound. Part 3 (4:06): Future changes to the NFIP as indicated in Biggert-Waters are addressed, including areas of the Act of interest to Agents, Lenders and Policyholders. NAR on Flood Insurance NAR Flood Insurance homepage Realtor Magazine article: "Soaring Insurance Rates Shock Homeowners" NAR Talking Point: "Delay Flood Insurance Rate Increases" (PDF) Debating the Issue: Flood Insurance Reform (PDF) NAR Video: "Flood Insurance Subsidies Phasing Out" National Flood Insurance Community Rating System The NFIP Community Rating System (CRS) is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements. As a result, flood insurance premium rates are discounted to reflect the reduced flood risk resulting from the community actions meeting the three goals of CRS which are to: Reduce flood damage to insurable property, Strengthen and support the insurance aspects of the NFIP, Encourage a comprehensive approach to floodplain management. Pre-FIRM Subsidy Removal (Starting in 2013) The NFIP's Specific Rate Guidelines An overview of the changes to the Specific Rate Guidelines, with examples. Impact of Changes to the NFIP (English and Spanish) A two-page fact sheet providing an overview of BW-12 changes including timing and who will be affected as FEMA phases out subsidies and implements Section 100205 of the law. Who Will be Impacted by Pre-FIRM Rate Increases Nationally A two-page fact sheet that shows how many policies are subsidized throughout the country and how those rates could change as pre-FIRM subsidies are phased out and removed by Section 100205 of BW-12. Who Will be Impacted by Pre-FIRM Rate Increases in Louisiana A two-page fact sheet that shows how many policies are subsidized in Louisiana and how those rates could change as pre-FIRM subsidies are phased out and removed by Section 100205 of BW-12. Building and Rebuilding Information for Home and Business Owners Rebuilding in an AE zone Scenario showing cost effectiveness of building above the BFE. Rebuilding in a VE zone Scenario showing cost effectiveness of building above the BFE. Build Back Safer and Stronger: What You Need to Know (English and Spanish) A trifold brochure explaining how rebuilding higher and mitigating flood risk can reduce flood insurance premiums and reduce the chance of future flood damage. Homeowner's Guide to Elevation Certificates Guidance for obtaining an Elevation Certificate, which is necessary for determining full-risk rates in high-risk zones. Information for State and Local Officials Interactive Map of NFIP Subsidized Policies by State and County

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