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Enjoy Fall, Florida Style 6 – 9pm, October 17 – 31  Delight in autumn in the tropics with festive lights illuminating our cultivated collections. As the sun dips below the horizon of Deep Lake in the Scott Florida Garden, enjoy live music, games, and spectacular photo ops with pumpkins for the children and children at heart. While you’re at it, savor specially crafted menu items for purchase from the Garden’s own Fogg Café and local vendors.  Member tickets are available starting today! Adults: $10 Members / $20 Non-Members Children (4 – 14): $5 Members / $10 Non-Members Children (3 and under): Free, ticket required

Purchase Your Fall Walk Tickets Today

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Wilderness Country Club 

105 Clubhouse Drive  

Unit D-156 Naples, Florida

Michelle’s Featured Listing Make Your Appointment Today To View the... Best Priced Renovated Unit...  Offered at $223,900 Important Listing Features, take a tour and see for yourself. Click here to Take a Private Tour of this wonderful condominium  located within Wilderness Country Club 1st Floor Condominium Home with Spectacular View 2 Bedroom,  2 Bathroom,  with overall square feet 1,846  New Flooring Private Golf Cart Garage with Golf Cart and additional storage area Furniture Negotiable The Wilderness CC & Audubon Cooperative Sanctuary

Naples is getting ready for...
Hurricane Dorian

Naples Botanical Garden  To Close from August 31 – September 2  Naples Botanical Garden will close beginning Saturday, August 31 in order to prepare the grounds for the potential impact of Hurricane Dorian. The safety of our visitors and staff is always the utmost priority. The Garden will remain closed through the weekend as we prepare for the anticipated weather.  The Collier County Library Cardholder free admission weekend has been rescheduled for October 11–13. The Garden’s annual maintenance closure will begin as scheduled on Tuesday, September 3 and will continue through the end of the month.  We look forward to welcoming everyone back to the Garden as we reopen on October 1. Updates will be posted on our website and social media channels as they become available. On behalf of our Board of Directors, Staff, and Volunteers, we urge you to take all necessary precautions, and stay safe!

Hot Off The Press..
Let's Talk Hot Off The Press... 
Naples Area Market Report 
Michelle DeNomme...Your South West Florida REALTOR, GRI

Spike in July Home Sales, a Sign of 

Heightened Buyer Interest

Naples, Fla. (August 23, 2019) - Heightened showing activity in June led to a spike in July's closed sales, which increased 7.1 percent to 829 closed sales compared to 774 closed sales during July 2018. And despite a 14.8 percent reduction in overall inventory compared to last July, overall median closed prices have not increased, according to the July 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).

"Twenty-six percent of the homes on the market during July had price reductions," said Jeff Jones, NABOR® President and Broker at Keller Williams Naples. "The number-one reason a home lingers on the market is that it is priced too high. Those price reductions seemed to bring more buyers into the market."

 

The July 2019 ShowingTime report, a monthly supplemental report that's now being run alongside the monthly Market Reports, indicated that local REALTORS scheduled over 17,000 appointments to show a range of properties during July. On average, the report shows that a home for sale in Collier County is shown 17 times before it sells. Broker analysts believe the less inventory people have available to view, the more properties they want to see. This is why they believe now is a good time for sellers to enter the market so they have the opportunity to capture buyers who are looking at homes now.

 

"The late summer and early fall are a good time for a seller to list a home because there is a lot of interest from eager buyers - 17 showings per listing in July compared to 13 in January - and values are not decreasing," said Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc.

Sellers added 935 new listings to July's inventory, but this increase in inventory failed to keep up with the buyers entering the market. At the end of July, there were 5,200 homes on the market compared to 6,100 in July 2018. 

 

"We have about a 6-months supply of homes, which is lower than we like during this time of year," said Jones. 

 

According to Coco Amar, a managing broker at John R. Wood Properties, the report showed one category where sellers seemed more open to negotiate home prices. "In the $1 million to $2 million price category for condominiums, there was a 10 percent decrease in the median closed price during July. This decrease in median price might have been precipitated by soft sales for condos in this price category as its sales decreased the most during July [-17%] compared to all other price and home type categories as compared to July 2018."

 

Since January, median closed prices have decreased 2.9 percent to $335,000 from $345,000. But compared to last July, prices have held steady. July's median closed price was $326,200 compared to $326,500 for July 2018. However, based on a rolling 12-month analysis, only condominiums priced above $2 million have seen a substantial increase in their prices, i.e., 13 percent.

 

The NABOR® July 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 (single-family and condominium) findings: 

Geographically, closed sales activity was the highest in the Naples Beach area (34102, 34103, 34108), which saw a 25 percent increase in overall closed sales and a 40 percent increase in single-family home closed sales compared to July 2018. Interestingly, the median closed price for condominiums in the Naples Beach increased 27.1 percent to $632,500 from $497,000 in July 2018.   

 

"Land values are high right now," said Amar, "which will make homes for sale in the resale market more attractive this fall." 

Here is the full details for your review... 

View the July 2019 Market Statistics

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.

Michelle J. DeNomme, REALTOR, GRI

Cellular Phone I  239.404.7787

E-Mail : Michelle@NaplesHomeSweetHome.com

Berkshire Hathaway HomeServices Florida Realty

Office: 239.659.2400

E-Fax Number: 239.236.5550

Website: www.NaplesHomeSweetHome.com 

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

Twitter: DeNommeRealtor

Homesnap: http://www.homesnap.com/Michelle-DeNomme 

Member Of Naples Board Of REALTORS 

Member Of Florida REALTORS 
Member Of National Association Of REALTORS 
Graduate Of REALTOR Institute (GRI)

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