Naples Real Estate Market Update 12/12/11

There is some really good news for the Naples Florida market!  Here's the latest Naples area real estate update from our fabulous C.F.O., Dottie Babcock.  As you can see there are still terrific buying opportunities in Naples and there are also places where inventories have leveled and are even in an under-supply scenario. 

Inquiring minds are always asking me what's going on with the Naples real estate market. While I do believe we saw a bit of a successful pre-season, I along with all of my super intelligent Naples real estate colleagues agree that it is too soon to know for sure. I always ask every agent I know at least one Naples real estate question in my constant quest to have my finger on the pulse of the market...the question lately has been: What do you think will happen this season...??? What I have found is the most successful agents in town say they don't know yet which is interesting because I haven't formulated my answer either. We all watch our own set of indicators but I haven't seen anything consistent or compelling enough to place my bet. Neither have they. 

If I were in the Naples market to buy a house right now: I would probably focus on locations where the market hasn't leveled if I could get what I want...if I couldn't get what I want in a market that was still over-supplied with inventory, I would want me in my corner helping me with my 5 point negotiation strategy.  If you're a buyer considering purchasing Naples real estate, give me a shout and we can discuss this strategy in detail. 

If I were considering selling my Naples real estate: I would concern myself with the current inventory in my Naples neighborhood and make my decision based on that.  If my home was located in a location where the inventory was level or under-supplied, I would go forward with intelligent pricing and enthusiastic advertising.  If my home was located in an area where inventory is oversupplied I would consider the reasons why I wanted to sell.  If I really wanted to sell regardless, I would price well and come up with a 5 point strategy to compete against my competition. That strategy might include points like:

1. Best Location
2. Best Priced
3. Best Looking
4. A compelling compensation package
5. Purchasing perks

Then I would market the fool out of it and be excited to negotiate.  For more details about how to get your Naples property sold fast, call me direct!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!