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Southwest Florida Real Estate News
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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com
www.BuyUpNaples.com
Click Below For the
NEW 3rd Qtr Housing Review for 2011
Click Below For
Last Month's eNewsletter
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Sales are steadily increasing as inventory continues to decline from prior years
Closed Sales
Closed sales units through September are up 5% over the same period 2010, and the highest for the period since 2005. The Median sales price year-to-date remains approximately the same as 2010 and just slightly higher than 2009. Although the number of closed sales is down slightly from September 2010, they remain among the highest for the month during the past 12 years.
Pended sales
The number of pended sales recorded in September is the highest since March and among the highest on record for the month. Year-to-date pended sales priced between $1,000,000 and $5,000,000 are up 11% over the same period 2010. Sales above $5,000,000 remained level. Monthly Pended sales priced between $1,000,000 and $2,000,000 are up 30% over September 2010. Properties priced above $2,000,000 maintained the same level as prior year.
New Listings
The number of new properties placed on the market through September is down 13% when compared with the same period 2010, and the lowest for the period since 2004. The number of new listings taken in September is down 9% from September 2010 and 31% from the peak for the month which occurred in 2006. Total available inventory in the Naples, Bonita Springs, Estero market on October 1, 2011 stands at 7,459 units (4,052 condominiums and 3,407 single-family homes). This represents a 24% decline from October 1, 2010.
View the Comprehensive 3rd Quarter Market Report for 2011 Property Sales.
See the September end-of-month Housing Report or the Neighborhood Report at end of September.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***
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3 New Spring Run Listings!
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~ Three- 2 bed Condos, $150,000 to $169,000! ~
Look no further.... 3 Condos JUST LISTED That are not short sales or foreclosures. Motivated seller(s) priced these for quick sales. Turnkey furnished 2 bedroom with eat in kitchen and large patio. Beautiful location close to pool with eastern views over the fairway and sparkling lakes. Enjoy all the amenities in Spring Run. Bundled golf, tennis, bocce, fitness center and a half mile to Coconut Point shops and restaurants. Private beach club membership also available along with state-of-the art fitness center, private dining at Rosie Spoonbill's Restaurant in addition to activities center and a recently remodeled beautiful clubhouse. These are great buy's in a quality bundled golf community that is financially solid. Call for complete details, Virtual Tour & More Photos Here.
See the Video tour on this and my other properties Here.
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 Devonwood
$1,299,000
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 234 Barefoot Beach Blvd
$3,500,000
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 Fiddler's Creek
$189,900
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New ListingsView all of SWFL's
New Listings
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 Navona at The Colony
$459,000
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 Naples Bay Resort/Hotel$349,000 - $450,000
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 Riverfront Home w/Gulf Access $300,000
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Luxury Home Market Coming to Life
Nationwide, the one segment that has shown signs of strength in 2011 is the luxury home market. Even though some of the other price ranges are challenged by issues such as buyer mortgage qualification and lack of employment opportunities, the higher end market has to a great extent avoided those issues.
"Luxury is the best performing segment of the housing market right now," says Stan Humphries, chief economist of Zillow.
Prices of $1 million-plus properties have risen 0.7 percent since February, nationwide, according to Zillow.
A rebound in Wall Street has helped fuel a thirst again for mansions in the Hamptons and on Long Island, as well as luxury co-ops in New York City, where closings are returning to 2007 levels. Also, a tech boom is driving sales in the luxury market in Silicon Valley, where twice as many homes have sold for $5 million or more this year than the year prior.
International buyers are a big part of the rebound in the luxury market, housing experts say. Foreign buyers purchased $82 billion worth of U.S. residential real estate last year--an increase from $66 billion in 2009. In Florida, foreign buyers now make up a third of all home purchases, up from 10 percent in 2007.
Southwest Florida is further into the recovery than some other parts of the country, with good activity in all price ranges and most geographic areas. The luxury market has, like other areas of the country, been quite active. According to Phil Wood, CEO of John R. Wood Realtors, "We were particularly impressed with the strength of the high end local markets during the normally slow summer and early fall seasons."
The Wood firm is heavily involved in the million and over market, having sold thousands of homes in that price range. Global marketing programs and the hundreds of web sites run by the company have been especially effective in helping reach potential upper end buyers. Current area listings in that price category range from one million to approximately $28 million.
Source: Realtor.org
For more information, connect with Garren:
     
Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR, CREN. Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
Get "Home Price Protection" to overcome uncertainty of being underwater after purchasing
This is a great proposition to assist buyers
Helps buyer's overcome their fear of losing equity
Increases the buyer's chances and Hope of staying in their home after purchase!
Naples Condos, Homes & Automated updates at www.ViewAllNaplesHomes.com
Bonita Springs Properties & Automated updates at www.BonitaSpringsHomeSearcher.com
For more information, connect with Garren:
Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR, CREN. Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
Save money and avoid stress by planning for the holidays now!
Yes, it’s only October, but have you noticed how Wal-Mart, Costco and other stores are bringing out the tinsel and tree ornaments already? It’s annoying how early retailers try to promote Christmas when it’s still beach weather, but perhaps it’s wise to consider following their example. Avoid all the stress – and save money in the process – by following these tips below:
Go gift-shopping now
Ideally, it’s wise to buy holiday gifts throughout the year, when prices aren’t given the holiday markups, but you still have two months to find out what recipients want and make your shopping list. You can save even more money if you decide to make homemade gifts, and here’s where it really pays off to plan ahead (you don’t want to be knitting those sweater sleeves on Christmas morning). While they may take more time and effort than just going to the mall, it is cheaper. Plus the recipient may treasure your gift even more. Some good DIY gift ideas come from Get Rich Slowly and, of course, Martha Stewart.
Book those airplane seats
If you’re planning on traveling during the Thanksgiving and Christmas holidays this year, advance planning is the only way to go. Previous years indicate that airlines start pitching holiday sales right after Labor Day, holiday flights are at their cheapest during October, and Tuesdays and Wednesdays are the best days to snag a deal. However, you can start comparing airfares now to see current prices. The best way to find out is compare offers for several days among multiple providers; check on their Facebook and Twitter pages, as some airlines offer exclusive deals there. You can also sign up for travel alerts from sites like Kayak or Airfare Watchdog so you’ll be notified when the price changes. Use Bing.com’s Price Projector to see if there’s a chance the fare will increase or decline.
Earn more money
Now’s the time to use those reward points and cash-back deals on your credit card. If your card lets you get airfare miles, now’s the time to redeem them for a trip home for the holidays.
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Southwest Florida Real Estate News
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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com
www.BuyUpNaples.com
Click Below For the
2nd Qtr Housing Review for 2011
Click Below For
Last Month's eNewsletter
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Inventory Down 26%; Closed sales up 5%
Closed Sales
The number of closed sales in August remains approximately the same as August 2010 and is the third highest for the month in 11 years. The year-to-date closed sales are up approximately 5% and volume is up 6.5%. Sales of properties priced above $1,000,000 are up 11% through August (545 in 2011 vs. 489 in 2010).
Pended sales remained approximately the same in August as July. Although pended sales for August are among the lowest for the month, a rolling 12 month comparison (8/1/10 - 7/31/11) ranks them among the highest on record for this period.
New Listings
The number of properties placed in inventory during August is 12% lower than August 2010. Available inventory in the Naples, Bonita Springs, and Estero markets stands at 7,263 units (3,913 condominiums and 3,350 single family homes). This represents a 26% decrease from August 2010. Overall inventory represents approximately an eight month supply based on the number of closed sales during the past 12 months.
See the August end-of-month Housing Report or the Neighborhood Report at end of August.
For those seeking Naples Beach & Waterfront condos, view the Gulfshore Blvd 2nd Quarter Report for 2011.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***
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New to Market & 5-star Resort!
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~ Just Listed, 3 bedroom, Marina $450,000! ~
Look no further.... A truly Income Producing Property that covers ALL your association fees & mortgage expenses! The best part is that it?s also all managed by professionals who are on-site and comes fully furnished with everything needed for a comfortable escape. This is the only 2nd floor 3 bedroom that overlooks the spa & quiet pool and is light a very bright with east and north facing windows. A spectacular find that delivers 5 star concierge services, resort amenities and just a short walk to Naples landmark 5th Ave, the shops & dining at Bayfront and Naples Bay Resort and a quick bike to the beach down some of the most gorgeous streets in Naples! Call for complete details, Virtual Tour & More Photos Here.
See the Video tour on this and my other properties Here.
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Devonwood
$1,299,000
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234 Barefoot Beach Blvd
$3,500,000
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Fiddler's Creek
$189,900
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New ListingsView all of SWFL's
New Listings
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Navona at The Colony
$459,000
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Naples Bay Resort/Hotel$349,000 - $450,000
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Riverfront Home w/Gulf Access $300,000
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Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR... Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
On a national level, August 2011 sales were up
According to the National Real Estate Association (NAR), existing-home sales rose 7.7 percent to a seasonally adjusted annual rate of 5.03 million in August from an upwardly revised 4.67 million in July. "The increase came even as overly tight credit, appraisal issues, and Hurricane Irene hampered markets. Some of the improvement might result from sales that were delayed in preceding months, but favorable affordability conditions and rising rents are underlying motivations," NAR Chief Economist Lawrence Yun says. Investors were more active in absorbing foreclosed properties. In additional to bargain hunting, some investors are in the market to hedge against higher inflation. Source: National Association of Realtors.
Additionally, certain areas of the country such as California, Arizona, and others are currently experiencing real estate markets that are robust and thriving, despite difficulties in some other locales. As an example, see these two reports from Phoenix and North Carolina by RealTrends:
For more information, connect with Garren:
Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR... Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
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Southwest Florida Real Estate News
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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com
www.BuyUpNaples.com
Click Below For the
Quaterly Housing Review for 2nd Quarter 2011
Click Below For
Last Month's eNewsletter
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June 2011 Year-to-date Sales at Highest Level Since 2005
Overall inventory continues to fall and currently stands at approximately a nine-month supply.
Market activity continued at an active pace during the month of June, as buyers began returning for the summer "buying season". Inventory continued to drop and the median sales price is up substantially since the beginning of the year.
Closed sales are up over prior year in all price segments with the exception of properties priced above $5,000,000, which remains approximately even with the same period in 2010 (17 closed year-to-date 2011 versus 16 in 2010). Closed sales between $1,000,000 and $5,000,000 are up 15% over the first six months of 2010. Median sales prices have increased 18% since January 2011.
Pended sales above $1,000,000 posted a 25% increase for June 2011 over June 2010. Year-to-date pended sales are approximately even with the same period in 2010, and the third highest on record for the period.
The number of new listings placed on the market in June was the lowest for the month since 2004. Available inventory in Naples, Bonita Springs, and Estero markets stand at 7,589 units (4,027 condominiums and 3,562 single family homes). This represents a 22% decrease from July 1, 2010. See full report here
See the June end-of-month Housing Report or the Neighborhood Report at end of June.
For those seeking Naples Beach & Waterfront condos, view the Gulfshore Blvd 2nd Quarter Report for 2011.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***
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~ New to Market ~ Lifestyle Awaits ~
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Market Update
June 2011
May 2011
April2011
Open Houses
VView All
John R. Wood
OPEN Houses
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~ Just Listed $189,900! ~
Whisper Trace coach home with garage, lake view & newly remodeled! This property shows like a model and something you MUST SEE. A true resort lifestyle with something for everyone! The amenities of Fiddlers Creek include the 54,000 square ft award-winning Club and Spa, exquisite landscaping, 3 connected resort-style swimming pools with pool-side casual dining, state-of-the-art fitness center, 6 tennis courts, full service spa, fitness classes, extensive tennis program and complete activity calendar. This is a very social community with optional marina/beach memberships as well as opportunities to join the golf club. Call for complete details, Virtual Tour & More Photos Here.
See the Video tour on this and my other properties Here.
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New Listings
View all of SWFL's
New Listings
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Navona at The Colony
$459,000
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Imperial River Home
$350,000
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Spring Run at Coconut Point
$169,000
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CLICK to View the June Market Report
For more information, connect with Garren:
Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR... Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
The June 1st Market Report
Closed Sales
Closed sales units in May remained approximately the same as May 2010, and the third highest on record for the month.
Median sales price year-to-date increased 9% over April’s year-to-date median price.
Median sales price for the year-to-date May period has remained relatively consistent for three years.
Closed sales units over $1,000,000 are up 11% for the year.
Pended SALES
Pended sales remained brisk in May and approximately even with May 2010.
Year-to-date pended sales are the highest on record for the period, and comparable to 2005 levels.
NEW LISTINGS
The number of new listings placed on the market in May was the lowest since 2005.
Available inventory in the Naples, Bonita Springs, Estero market on June 1, 2011 stands at 8,101 units (4,310 condominiums and 3,791 single family homes). This represents a 17% decrease over the same period 2010.
Overall inventory represents slightly less than a 10 month supply based on closed sales during the past 12 months.
CLICK to View the June Market Report
For more information, connect with Garren:
Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com
Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas
Click to see a Map of Pelican Bay Properties For Sale
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here
Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CDPE, SFR... Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation foreclosures!
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Southwest Florida Real Estate News
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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com
www.BuyUpNaples.com
Click Below For the
Annual Housing Review for 2010
Click Below For
Last Month's eNewsletter
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March Sees Strong Sales, Inventory Decreases
A large number of sales, spanning all price points, plus decreases in inventory in almost all price segments dominated the Naples, Bonita Springs and Estero markets during March. In fact, closed sales for the month of March were exactly even with March 2005, tying these two months for the highest number of closed sales for the month on record. Pended sales, up 6 percent over March 2010, established a new record high for the month.
When comparing first quarter 2011 with first quarter 2010, closed sales were up 6 percent over 2010, sales above $1 million were up 15 percent over 2010, and pended sales were the highest on record and exceeded first quarter 2005 by 4 percent, which previously held the record for the highest first quarter.
The number of new properties placed on the market in first quarter 2011 was 8 percent below the same period for 2010 bringing the available inventory in Naples, Bonita Springs and Estero to 9,587 units (4,988 condos and 4,599 single-family homes) as of April 1.
All condo price segments showed a decrease in inventory with the exception of those priced above $5 million. The largest decrease in single-family home availability occurred with properties priced between $750,000 and $1 million, which was down 23 percent, and properties priced above $1 million which declined 18 percent.
See the March end-of-month Housing Report or the Neighborhood Report at end of March.
For those seeking Naples Beach & Waterfront condos, view the Gulfshore Blvd 1st Quarter Report for 2011.
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Collier Named Healthiest County in Florida
Out of Florida's 67 counties, Collier County retained its healthiest county rating ranking for a second year in a row. Collier snagging the number-one spot is being attributed to lifestyle and improved access to medical care, according to an analysis by a leading private philanthropic organization.
"The credit for our stellar number-one status belongs to the entire community as the health of our community depends on every individual and a variety of stakeholders including our hospital systems, healthcare providers, emergency services, law enforcement, education, social services and employment," said Dr. Joan Colfer, director of the Collier County Health Department.
Collier's ranking for access to clinical care and quality care improved dramatically, and it maintained lower rates for adult smoking, obesity, low birth-weight infants and sexually transmitted diseases than state averages.
"Where you live does matter to your health, and the new rankings confirm once again that we live in a great place," said Dr. Allen Weiss, president and chief executive officers of the NCH Healthcare System.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***
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Exceptional Value in Pelican Bay!
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Market Update
March 2011
February 2011
January 2011
Open Houses
View all of John R Wood's
Open Houses
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~ Just Reduced to $415,000! ~
Naples high-rise property is one of the least expensive in all of Pelican Bay at $415,000! A glass elevator w/views of the Gulf delivers you to the 9th floor. A Sophisticated soft contemporary feel accents the calming and relaxed, yet active lifestyle that awaits you. The expansive outdoor patio offers cityscape views & is easily accessible from the main living and the split bedrooms that surround it. The Stratford has completed several updates recently & is currently updating their fitness center before proceeding on to the community room. No need to worry about assessments here & the building has one of the largest pools & two of its own tennis courts. Electric hurricane shutters have been added. Fabulously located within walking distance to Nordstom & the Waterside Shops, the Philharmonic, Naples Grande Resort & the beach. The Pelican Bay Foundation offers four private restaurants, tram to beach. Call for complete details, Virtual Tour & More Photos Here .
See the Alternate View photo in the Daytime Here.
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New Listings
View all of SWFL's
New Listings
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Navona at The Colony
$459,000
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Naples Bay Resort
$375,000
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Spring Run at Coconut Point
$169,000
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Garren Grup | 239-289-8619
Garren@BuyUpNaples.com | www.BuyUpNaples.com
     
Call, Email or Connect with Garren to stay in touch & say hello! Request Additional Market Information, a Personal Consultation & Assistance when Considering your Next Move!
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Southwest Florida Real Estate News
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Garren Grup
John R. Wood, Realtors
239-289-8619
Garren@BuyUpNaples.com
www.BuyUpNaples.com
Click Below For the
Annual Housing Review for 2010
Click Below For
Last Month's eNewsletter
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Price Drives Robust Sales!
Sales continued at a robust pace in February with all price categories showing good activity. Price remains the driving factor, and properties priced to the current market are receiving multiple offers in some areas.
Properties priced over $300,000 continued to comprise nearly one-third of pended sales in February. Overall, pended sales were up 14 percent over February 2010 resulting in the highest February on record since 2000. With regard to closed sales, properties over $1 million were up nine percent to date over the same period in 2010. Overall, the number of closed sales year-to-date February is approximately the same as the same period in 2010. Average sales price also remained constant with the prior year.
Available inventory in the Naples, Bonita Springs, Estero market as of March 1 stood at 10,222, encompassing 5,253 condos and 4,969 single-family homes. This represents a four percent decrease from March 1, 2010. In fact, all price categories show decreases in supply with the exception of condos and single-family homes priced under $250,000 and condos priced above $5 million. The largest decreases were in the condominium segment priced between $750,000 and $1 million and single-family homes priced between $750,000 and $5 million.
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Bloomberg article... Naples Rises From Florida Housing Swamp as Wealthy Buyers Return to Market ! View the full article Here
See the February end-of-month Housing Report or the Neighborhood Report at end of February.
For those seeking Naples Beach & Waterfront condos, view the Gulfshore Blvd Annual Year-end Report for 2010.
***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here***
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$1,149,000 for Waterfront in Barefoot Beach!
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Market Update
February 2011
January 2011
December 2010
Open Houses
View all of John R Wood's
Open Houses
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~Bay Home with Deeded Beach Access~
Exceptional construction on this Gulf Access home in Naples. Priced below recent lot sales!
Relaxed living in this bay home in Barefoot Beach. Just steps out your door to your own private boat dock with 8,000 lb lift. Gorgeous mangrove preserves line Little Hickory Bay as you wind down the waterway with the dolphins and manatees to Wiggins Pass and the Gulf of Mexico. When you return you can relax in the afternoon sun on your patio or take a short walk down to the acclaimed Barefoot Beach which has been rated as one of the 10 BEST Beaches in the US! Offering 3 bedrooms plus den this unpretentious home captures the carefree lifestyle! Enjoy 1 of 10 Best US beaches! Largest lot available in Barefoot Beach(.34 Acres or 15,000 sq.ft) at this price and you could Rent the home for income! Spacious master bedroom & bathroom with West & East facing patios delivers the undisturbed lifestyle you seek!
NOW offering Seller financing with 35% Down on a 5 year balloon at 6% INTEREST ONLY to well qualified buyer. ***Foreign Nationals Welcome*** Call for complete details and view Virtual Tour & More Photos Here .
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New Listings
View all of SWFL's
New Listings
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Navona at The Colony
$459,000
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Naples Bay Resort
$375,000
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Spring Run at Coconut Point
$169,000
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Garren Grup | | www.BuyUpNaples.com
Call, Email or Connect with Garren to stay in touch & say hello! Request Additional Market Information, a Personal Consultation & Assistance when Considering your Next Move!
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Garren Grup, REALTOR, ABR, CDPE, GRI… Naples & Bonita Springs, FL
Naples,
FL
More about me…
John R. Wood REALTORS
Address: 26269 S. Tamiami Trail , 34134
Office Phone: (239) 949-7492
Cell Phone: (239) 289-8619
Email Me
 Listings
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