Let's Talk Marsala at Tiburon!!!

Let's Talk Marsala at Tiburon!!!

Let's Talk! Marsala at Tiburon... Extraordinary living at Marsala features 56 Single Family Estate Home Sites all with in the prestigious planned community!!! Enter the private gated community of Marsala and be amazed by the tranquility, the lush beauty of preserve surrounding encompasses!
I have so much to share with you contact me today for all the details regarding Marsala at Tiburon!

          Michelle J. DeNomme, REALTOR, GRI 239.404.7787

NAR analyzes flood insurance extension!

WASHINGTON – July 9, 2012 – President Obama signed H.R. 4348 on Friday, extending the National Flood Insurance Program (NFIP) for five years to 2017. Since 2008, the flood insurance program has been extended for a few months 18 times and allowed to lapse twice, sometimes forcing homebuyers in flood zones to postpone a closing.

According to the Florida Division of Emergency Management, Florida had over 2 million flood insurance policies as of Sept. 23, 2011, or roughly 37 percent all NFIP policies, and 97 percent of Florida communities participate in the program.

National Association of Realtors® (NAR) analysts say the extension brings “long-needed certainty to real estate transactions in the 21,000 communities nationwide where flood insurance is required for a mortgage.”

The five-year extension is more than simply an extension of the program, however. It’s also a major overhaul of elements that could impact some Florida property owners.

The NFIP extension law:

• Establishes a formula insurers can use following a major storm to determine if property damage should be attributed to rising water (NFIP coverage) or the effects of wind (private coverage).

• Phases out rate subsidies for certain properties (second home, business, severe repetitive loss or substantially improved/damaged) built before 1975. These properties will be charged full actuarial rates for flood insurance, but the increase will be phased in over four years at 25 percent per year.

• Prohibits subsidies for property not currently insured by NFIP. This includes property that had flood insurance in the past but allowed it to lapse.

• Allows any of its flood insurance premiums to increase by 20 percent annually; the annual cap was 10 percent previously.

• Allows property owners to pay for flood insurance in installments.

• Eliminates rate subsidies on severe repetitive loss – properties that have made repeated claims.

• Strives to improve the accuracy of floodplain maps by creating a technical council of experts, and establishes an independent appeals board for homeowners and communities to resolve flood map disputes with FEMA. If an owner successfully challenges a flood plain map, his or her expenses related to the appeal will be reimbursed.

• Requires a lender to end flood insurance it “force placed” on a homeowner and issue a refund.

• Allows NFIP to refuse policies submitted by a private insurer. NAR says this rule comes in response to a 2010 event in which State Farm dropped a private program and transferred more than 800,000 policies to an NFIP program.

• Creates a team to study an expansion of the flood insurance program to cover other natural disasters beyond flooding. That could lead to disaster insurance that includes other events, such as hurricanes, earthquakes, etc.

NAR created a PDF of its legislation analysis, offering section-by-section highlights.

© 2012 Florida Realtors®

 

 Prudential Florida Realty

Michelle@NaplesHomeSweetHome.com

Cellular Phone 239.404.7787

www.NaplesHomeSweetHome.com

Michelle DeNomme, REALTOR, GRI

Office: 239.659.2400

E-Fax Number:  239.236.5550                      

 

 

 

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

 

 

                       FOR IMMEDIATE RELEASE

MAY PENDING SALES UP 10 PERCENT... Activity Remains Strong!

Naples, FL (June 15, 2012) - Pending sales increased 10 percent overall in May 2012 compared to May 2011, according to a report by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island). They increased by double-digit percentages in all price ranges, except in the under $300,000 category which increased a respectable 6 percent in May 2012 compared to May 2011.

"The market seems to be on track right now," said Cindy Carroll of Carroll & Carroll, Inc. "Current inventories in many market sectors mirror levels we saw in 2003/2004.  This is further evidence that we are returning to a balanced and stable market."     

Mike Hughes, General Manager of Downing-Frye Realty stated, "Inventory is down by almost 1,000 units over the last three months and we have experienced five straight months of positive momentum. Those are indicators of a potential strong summer for home sales."    

John Steinwand, President of Naples Realty Services stated, "With the reduced overall inventory of 9 percent, properties are selling at higher prices than a year ago."

Coco Waldenmayer, Managing Broker at Engel & Voelkers, agreed, "Our current overall inventory of 6,679 hasn't been this low since NABOR® began tracking the statistics in January of 2007 when inventory was 10,864."

Phil Wood, President of John R. Wood Realtors said, "Things are improving. We are starting to see homes sell within three days, and there has been an increase in the sale of teardowns. During March, April and May traditional sales have increased, and the condominium market is especially strong as shown by May condominium sales in the $300,000 to $2 million range up 28 percent."

The May report provides annual comparisons of single-family home and condominium sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary.

The May sales statistics are presented in chart format, together with these overall (single-family and condominium units) specifics:  

• The overall median closed price increased 8 percent from $175,000 to $189,000 for the 12-month period ending May 2012.
• Overall pending sales increased 11 percent in the $300,000 to $500,000 category, and 20 percent in the $500,000 to $1 million category for the 12-month period ending May 2012.
• Overall inventory dropped by 13 percent, from 7,705 in May 2011 to 6,679 in May 2012.
• Overall closed sales increased 15 percent in the $500,000 to $ 1 million category, from 781 units to 901 units, and rose 15 percent in the $1 million to $2 million category from 349 units to 403 units for the 12-month period ending May 2012.
• The average days on the market decreased 11 percent in the $300,000 to $500,000 category, from 208 days on the market in May 2011 compared to185 in May 2012.
• Overall pending sales in the Naples Beach area increased 15 percent from 1,690 to 1,943 and closed sales increased 16 percent from 1,493 to 1,727 for the 12-month period ending May 2012.

"Single family home sales remain strong," remarked Jo Carter, President of Jo Carter & Associates. "Pending sales activity in the $2 million plus category is up 50 percent, from 18 units in May 2011 compared to 27 units in May 2012. In the single family $1 million to $2 million category in closed sales there was a 100 percent increase from 19 units in May 2011 compared to 38 units in May 2012."

  

Phil Wood reflected, "Now that the market is improving we have seen local residents make the decision to sell their current homes and move into their dream home. With saleable houses, interest rates at historic lows, and affordable prices, it is the ideal time for many to finally buy their dream home."

As always feel free to contact me with any questions you may have by calling 239.404.7787 or by e-mail.

I hope you have a Fantastic weekend!

Michelle

View the May 2012 Statistics  

To view the entire report, visit http://www.NaplesArea.com

 

Prudential Florida Realty

Michelle@NaplesHomeSweetHome.com

Cellular Phone 239.404.7787

www.NaplesHomeSweetHome.com

Michelle DeNomme, REALTOR, GRI

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 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 4,000 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.

6/19/2012 - 2012 NABOR® Economic Summit - April 13, 2012 Here are presentations from the 2012 NABOR® Economic Summit... April 13, 2012 Dr. Lawrence Yun, Chief Economist, National Association of REALTORS® speaks about the national economy. Dr. John Tucillo, Chief Economist, Florida REALTORS® and head of Industry Data and Analysis Department speaks about Florida’s economy. Dr. Shelton Weeks, Department Chair of Economics & Finance and Lucas Professor of Real Estate and Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University speaks about the regional economy. Cindy Carroll, Vice President, Carroll & Carroll Real Estate Appraisers & Consultants speaks about the Naples real estate market.

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 REALTORS®
(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. “Sales are increasing in not only all geographic locations but in all price ranges as well. This is a good
sign,” said Tom Bringardner, President of Premier Properties.“The median closed price has continued to level
out since September 2009,” 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 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 4,000 plus member-customers. NABOR is a member of Florida 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.

Let's Talk!!!

The Ritz-Carlton Golf Resort, Naples Ranked No. 1 by Condé Nast Traveler
Readers of Condé 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 Tiburón 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 Condé 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

Tiburón 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. Tiburón Golf Club, a joint venture between Host Hotels and Resorts and WCI Communities, is located at The Ritz-Carlton Golf Resort, Naples. The Tiburón 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: Tiburón means “shark” in Spanish.
Being named the Best Overall Golf Resort in Florida by Condé 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!

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