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Foto Friday - Caution: Slippery When Wet - 08/20/10 08:01 PM
A technological marvel of engineering, design and materials this Wally Yacht appears Spartan at first glance. It's really all a matter of function over form which draws the simplicity to the forefront. Below decks the aura is unlike any vessel you've experienced. If you are into boating you'll want to explore them in much more detail. Whether your interest is motoring or sailing you'll find a favorite for sure.
Visit www.Wally.com for some unreal nautical excitement.
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Wordless Wednesday - Perplexed - 08/18/10 07:51 PM
I don't know if it will do it here but the file I have with this gif shows the little guy / girl with blinking eyes. I named it Troll for lack of a better choice. Eery and funny simultaneously but when I am searching for other pics I just can't seem to pass up taking a peek at this one. It's been saved for what seems an eternity and I don't remember the original source but it's been an amusing staple for me to say the least. I'm including it here as a final thought regarding my previous market … (6 comments)
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9 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Under Contract Properties - 08/18/10 07:49 PM
Here you see our seasonal activity shining on. Last Summer was truly inspirational, we just weren't expecting the numbers which were produced then but we survived it with flying colors and then some. This years activity has not waned substantially although our pricing has been the driving force behind that. Again the tax credit shows it's impact in an impressive way.
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8 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Sold Properties - 08/18/10 07:47 PM
It really doesn't matter what any other chart, stats or graph shows. This is the bottom line, what has been and how many units are now closing. These numbers are for Single Family Homes but that's beside the point. As long as units are continually shuffled out of inventory whether they're Short Sale, REO, Corporate, Bank Owned, Traditional or whatever, we will survive. The number of properties came in lower than I expected, although not too far off considering the time of year. Median Price is an indication that Sellers are holding firm in ther asking prices I believe and that much of … (2 comments)
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7 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - New Properties - 08/18/10 07:45 PM
It's wait and see time here. No surge of inventory amassing. No panic happening either. Many of the listings are REO's coming back for the next go around along with expireds that are seeing new life at adjusted pricing. That January spike is typical for this market and our window will remain strong through May if nothing occurs which attempts to erode our Paradise here. (ie: Oil Disaster) That being said there's nothing alarming to report about here.
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6 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - For Sale Properties - 08/18/10 07:44 PM
We're still leaning way toward the Buyers side here but with a steadily increasing effort the inventory is being whittled away. The areas of greatest activity with regard to price are amazingly stable. I would have guessed $400K without seeing this chart with it's data and low and behold $399,000 is our midpoint.
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5 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Supply & Demand - 08/18/10 07:42 PM
Information here is packaged together from two other sources so it's virtually a moot point to delve into this any deeper. This is basic economics with an easy to view trend line depicting what's happening. It appears that the Oil Disaster has had quite an effect after all. Let me put it this way, if you engaged in conversation with anyone here for let's say 2 minutes or longer that topic was broached for sure.
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4 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Median, For Sale vs. Sold - 08/18/10 07:41 PM
Just look at that "For Sale" stability. Is this happening in other markets? I really don't know but if any of my AR readers and posters are inclined to, please drop me a note or add it in your comments below. The gap in price shows some much needed narrowing but whew, what a disparity there. I have to hand it to the Sellers for hanging in there despite the offers they may receive. Next quarter will be a different story I'm relatively sure.
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3 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Months Supply of Inventory - 08/18/10 07:40 PM
At last check for the year we averaged 11.8 months of inventory. Statewide we fare a little better than most markets here I believe at least in the top 20 percentile. Looking back at some of the statistics I had run not in the too distant past we were seeing around 56 months in some neighborhoods. Some of you have possibly seen a bumper sticker titled "Ain't Skeered", well I was, and tried my damnedest not to show it. There are other fears now but let's move forward anyway. Plenty of room for improvement here.
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2 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Median Sold Price - 08/18/10 07:38 PM
What can you say? I believe I mentioned elsewhere this is what it's all about. Our high and low pricing have been very active of late with middle class America taking the brunt as usual. The bulk of properties in the $350,000 to roughly the $1,000,000 are in the majority and hardest hit. Luckily it's not lopping off the chunks of value previously but the downward pricing is taking a toll on many Sellers who are priced in this range. Although the positive direction is great to see in actuality I don't think this graph is an accurate vision of activity … (0 comments)
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1 of 9 Market Indicators for Collier County Florida / Naples - Single Family Homes - Average Days on Market - 08/18/10 07:37 PM
This Chart is a great way to easily view the general health of the market. More homes are coming under contract in a shorter period of time which is good. Lopping off one third of the Days On Market time is an excellent sign that our market is tightening. When seeing that along with only slight declines in number of units it is a relatively good indicator we're moving in the right direction. Note the effect the tax credit had in both March and April along with the growing number of UC's in the last few months.
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Wordless Wednesday - Birthday Fun - 08/11/10 01:33 AM
There comes a time in everyone's life when you realize that the "fun" of blowing out the candles has come and gone. Know that only family and friends were involved in this event and no one was injured during it's filming. We would also like to thank Eveready Batteries for assuring the proper performance of our smoke detectors.
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536 vs. 308,000,000 - 08/05/10 09:09 AM
Many years ago I hiked the Appalachian Trail or AT as some may know it by. This past Spring was a reminder of that trip due to the extreme weather and rain conditions we experienced during the first 21 days out. Other through hikers had quit because all of their belongings were thoroughly rain soaked, even their sleeping bags. You're just not going to be able to continue when that happens and there's no alternative left. It was a very spiritual and inspiring hike for sure. Every day brought new challenges and along with that solutions too. Once the weather was … (2 comments)
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Wordless Wednesday - Come on in, Let's Go Look at Some Homes - 08/03/10 12:41 PM
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Kevin J. May Naples, FL Southwest Florida Real Estate
Naples,
FL
More about me…
Prudential Florida Realty
Address: 621 Fifth Avenue South, Naples, FL, 34102
Office Phone: (239) 659-2400 x 5911
Cell Phone: (239) 961-2724
Email Me
Informative and entertaining witticisms pertaining to Real Estate and it's related realms both historically and anecdotally. The commentary should be thought provoking within an informal environment.
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