Thursday, June 23, 2016




Let's Talk... 



By Eric Staats of the Naples Daily News

It's happening again on Southwest Florida beaches.
A loggerhead sea turtle emerges from the darkness of the Gulf of Mexico, digs a hole with its rear flippers, lays 100 or so ping-pong ball-sized eggs in it, covers it with sand, and then crawls back below the waves.
Mama was long gone by the time turtle trackers found the telltale flipper tracks at daylight Tuesday. They came out of the Gulf in front of a mansion in the 2600 block of Gordon Drive — leading monitors to the first nest of the young turtle nesting season in Naples.

One of Southwest Florida's most awaited natural cycles officially began Sunday and runs through Oct. 31, along with lighting restrictions that are meant to keep beachfront lights from discouraging nesting sea turtles or confusing hatchlings racing to make it back into the Gulf.

As of Wednesday morning, monitors also had found two nests on Keewaydin Island — including one that could be from a loggerhead the Conservancy of Southwest Florida has been tracking since 1988 — one at Lovers Key State Park, two on Fort Myers Beach and four on Captiva Island.

Loggerheads are not storming the beach like they were last year in Collier, where turtles laid 16 nests in the first week of nesting compared to just one nest this year, said the county's sea turtle program coordinator Maura Kraus."We're hoping for a good one," Kraus said. "It's off to a slow start, but we always hope for a good one."
There's still a long way to go: Last year, countywide turtle monitors counted 1,511 nests, of which 921 hatched. That compares to 1,378 nests laid in 2014 on Collier beaches.
The number of nests only tells part of the story.
Last year, of the 881 nests monitored by Collier County, predators destroyed 116 of them, an increase from 59 in 2014.
And, of the nests that hatched, monitors estimated 43,500 baby sea turtles made it to the Gulf, a decrease from 2014, when monitors estimated almost 58,000 hatchlings climbed out of the nests. Only one in 1,000 baby sea turtles survives to adulthood.
Florida's loggerheads, which are considered one step removed from endangered species status, have been posting improved nesting numbers since a low of 28,000 in 2007 on the state's core index beaches. Last year, monitors counted more than 47,000 nests on those beaches in 2015, still fewer than peak years of almost 60,000 nests in 1998 and 2012.
Of all the thousands of turtles, there's Emily. That's what Conservancy of Southwest Florida senior biologist David Addison calls her.
He's been watching her comings and goings from Keewaydin Island since 1988, at first using flipper tags to keep track of her, and then electronic chips. But when they put a satellite tag on the back of Emily's shell in 2009, that's when she really showed her stuff.

Trackers watched on computer screens, ping by ping, as Emily made the slow migration from Keewaydin Island, through the Florida Straits to Andros Island in the Bahamas, a roughly 350-mile journey. She wouldn't come back until 2011.
Monitors almost missed her. Addison said Emily's satellite tag had failed, leaving trackers in the dark, but she still had her electronic chip. Monitors routinely scan nesting turtles for the chip, and when they scanned Emily, she was re-revealed to them.
They replaced her satellite tag and let her go on her way, which was back to Andros Island. She came back to Keewaydin Island in 2013. Curious, monitors replaced her satellite tag again. Emily returned to Andros Island.

Then trackers waited, and watched, as Emily missed the 2014 nesting season at Keewaydin. She missed last year, too. And then she started moving again.
She was pinging off the Keewaydin coast, between Naples and Marco Island, last week and over the weekend, about the same time monitors found the new nests there.
Addison can't say for sure they are Emily's.

The nests are due to hatch in late June. Addison said monitors will check the nests for dead hatchlings or embryos, take a sample of tissue and compare it with Emily's DNA.
Then he will know.
"They do what they do, and if you're patient, they'll tell you a story," Addison said.

About Eric Staats
Eric is a senior writer and weekend editor. He joined the Naples Daily News in 1989 and has covered business, real estate and City Hall and has worked as an assistant city editor. He currently writes about environmental issues in Southwest Florida.

Friday, June 17, 2016



Let's Talk... Hot Off The Press!
Buyers will Find More Homes for Sale This Summer






Naples, Fla. (June 17, 2016) - As predicted by the area's leading broker analysts, activity in the real estate market for the month of May continued to follow a distinct and successive self-correcting path with areas of impressive growth and opportunity. Buyers and sellers alike will find the numbers encouraging. As identified in the May 2016 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), evidence of increasing consumer confidence is becoming more apparent as sellers returned to the market in May, resulting in a 37 percent increase in overall inventory.
May's pending and closed sales activity also continued on a trajectory of improvement with a mere 6 percent and 5 percent decrease, respectively, as compared month to month over last year's very strong results. As summer approaches, buyers will be happy to learn that median closed prices in May continued on the same trend seen in recent months, and remain steady in all price segments above $300,000 (12-months ending May 2016). The median closed price was $338,000 in May 2016 compared to $332,00 in May 2015. 
"The properties selling now are homes by owners who have priced their properties realistically," said Brenda Fioretti, Managing Broker at Berkshire Hathaway HomeServices Florida Realty. "These home sellers have either been watching the market closely themselves or, more likely, have an ally, like a REALTOR®, whose keen eye and experience is helping them price their home competitively to sell."
There is good news for buyers who previously found it difficult to find a home to buy in our market. Several broker analysts remarked that median closed prices earlier this year were reflective of sellers "testing the ceiling." But May's 37 percent climb in inventory coupled with steady prices in most price segments indicates a stable and inviting market environment going into summer. 
The report showed condominium inventory increased in every corner of Naples. In fact, there was a huge surge in May listings for condominiums in both the Naples Beach and North Naples areas. The rising inventory offers buyers a wider selection of homes this summer. There were 5,207 homes on the market for sale in May 2016 compared to 3,800 in May 2015. 

"The increase in inventory tells me that our market is very attractive," said Jeff Jones, Managing Broker at the Naples-Park Shore office of Coldwell Banker®. "It's encouraging for homebuyers looking in the below $300,000 market that inventory was up 29 percent in that segment [to 1,391 homes in May 2016 from 1,076 homes in May 2015]. As more properties come on the market, buyers will have more options and won't be forced to make aggressive offers."
The NABOR® May 2016 Market 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® May 2016 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: 
CATEGORIES
MAY 2016
MAY 2015
CHANGE
Total homes under contract (pending sales)
921
977
-6%
Total closed sales
838
1,010
-17%
Median closed price
$338,000
$332,000
2%
Total active listings (inventory)
5,207
3,800
37%
Average days on market 
73
75
-3%
Single-family closed sales
396
430
-8%
Single-family median closed price
$432,000
$427,000
1%
Single-family inventory
2,744
2,168
27%
Condominium closed sales
442
570
-22%
Condominium median closed price
$276,000
$268,000
3%
Condominium inventory
2,463
1,632
51%
Additional activity of interest in the NABOR® May 2016 Market Report includes:
  • Overall pending sales in the $300,000 to $500,000 price segment increased 1 percent to 258 in May 2016 from 256 in May 2015.
  • Overall pending sales for single-family homes in the East Naples geographic area (34114, 34117, 34120, 34137) increased 14 percent to 129 in May 2016 from 113 in May 2015.
  • Overall closed sales in the Immokalee/Ave Maria geographic area (34142) increased 26 percent to 48 homes in the 12-months ending May 2016 from 38 homes in the 12-months ending May 2015.
  • Median closed price for condominiums in the $2 million and above price category decreased 19 percent to $2,275,000 in May 2016 from $2,800,000 in May 2015.
  • Inventory for single-family homes under $300,000 decreased 5 percent to 291 homes in May 2016 from 307 homes in May 2015.
  • Inventory for condominiums in the $1 million to $2 million price category increased 92 percent to 190 in May 2016 from 99 in May 2015.
  • Inventory for condominiums in the Naples Beach geographic area (34102, 34103, 34108) increased 71 percent to 638 condominiums in May 2016 from 373 condominiums in May 2015.
  • Inventory for condominiums in the North Naples geographic area (34109, 34110, 34119) increased 66 percent to 673 condominiums in May 2016 from 406 condominiums in May 2015.
  • Average days on market for single-family homes in the $1 million to $2 million price category saw the largest decrease, 38 percent, to 81 days in May 2016 from 130 days in May 2015.
Since more inventory has come into play, it could be quite the busy season. According to John Steinwand, Broker and Principal at Naples Realty Services, Inc., "The market appears to be 'catching its breath.' People are still looking for bargains in Southwest Florida and this summer may be a great time to buy as no one really knows what will happen after the presidential election."

Jones remarked, "This is an excellent time to be buying a home in Naples. The inventory has increased, home prices have not changed much in most of the market compared to a year ago, and banks seem to be issuing more mortgage approvals. The report showed 40 percent of May's sales were conventional versus 60 percent cash sales." 
It looks like a strong year ahead for Southwest Florida's commercial real estate. The commercial market in South Naples, according to Wes Kunkle, President and Managing Broker at Kunkle International Realty, is seeing huge growth with many national chains coming to the U.S. 41 and State Road 951 corridor. Interestingly, overall closed home sales in the South Naples geographic area decreased the least of all areas recorded, by only 1 percent, to 145 homes in May 2016 from 146 homes in May 2015. 
While it's great to stay on top of national and statewide housing trends, buyers and sellers should keep in mind that the trends national publications are communicating might not apply to unique Naples communities. That's why it's best to consult with a Naples area REALTOR® to always be up-to-date and informed about the local market. Let a REALTOR® be your guide.

As always if you have any questions about our South West Florida Real Estate Market please feel free to reach out to me by e-mail or by calling 239.404.7787.
I have enclosed the full report below for your review.

Enjoy your weekend.
Michelle

Michelle J. DeNomme, REALTOR, GRI
Cellular Phone:  239.404.7787
Berkshire Hathaway HomeServices Florida Realty
Office: 239.659.2400
E-Fax Number: 239.236.5550
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.

Monday, June 13, 2016


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


   Downtown Naples restaurant Chapel Grille being offered up for $5 million  


The Chapel Grill is on the market. The owners of the real estate and the restaurant are ready to cash out. They’re asking $5 million for the property, which includes the land and the building, as well as the furniture, fixtures and equipment inside the popular

http://www.naplesnews.com/business/real-estate/selling-the-chapel-downtown-naples-restaurant-being-offered-up-for-5-million-34efa0d8-a598-4787-e053-382530401.

Let's Talk Hot off the Press...
Moura Bistro is in Meridian Marketplace on the northeast corner of Pine Ridge and Livingston roads. (Tim Aten/Staff

What happened with Moura Bistro?
http://www.naplesnews.com/columnists/news/tim-aten-in-the-know/in-the-know-what-happened-with-moura-bistro-34da62cd-dca3-60e9-e053-0100007fd17e-382634081.html



Tuesday, May 24, 2016

Let's Talk... Summer Events on 5th Avenue in Naples!



Music along the Avenue. 
Starting this summer, Wednesday through Sunday, from 5PM to 8PM, live music will be scheduled in the courtyard at 780 5th adjacent to Gallery One; and in the courtyard at 365 5th, adjacent to Mary Martin Gallery. This music is graciously being provided by Hoffman Commercial Properties. 

Naples Jazz Master Dixieland Concert Band
Norris Center – Saturdays, 1 to 3PM- June through August

Memorial Day Weekend Sidewalk Sales
May 28-30, 10AM to 9PM.


July 4th Sidewalk Sales
July 1-4, 10AM to 9PM 

July 4th Parade
Monday, July 4, 10AM to 12noon

July 4th Fireworks
July 4th, 9PM to 9:30PM, Naples Pier

Labor Day Weekend Sidewalk Sales
September 2-5, 10AM to 9PM

Be sure to visit www.FifthAvenueSouth.com for more information or feel free to contact me by e-mail or by calling 239.404.7787.