For a future homebuyer scanning through the Naples Multiple Listing Service (MLS) listings, first there are the meat-and-potatoes factors (baths, bedrooms, square footage), then any number of other distinguishing factors. Is the kitchen upgraded? Does the floor plan work? Will I like the backyard? It’s easy for buyers to become enchanted by the bells and whistles as they search through the MLS listings. But no matter how permanent they consider their intended move, that home purchase should always include a thoughtful appraisal of its long-term investment value. Some of the underlying factors in that respect don’t change a … (1 comments)
With election season poised to roar into high gear, I’m about to begin officially (oh, all right – unofficially) to discount most of what I read over the next few months. Especially from experts, since many seem to have a horse in the race. But while we are still in the nobody’s-paying-attention-yet month of August, I thought I should bring local real estate readers -- homeowners and future homeowners alike – an item that caught my eye late last week. I had to read it three or four times before it sank in. The headline read, “Housing: Good … (0 comments)
When you choose the Naples real estate agent who will be your home-marketing partner, you are choosing someone who will need to fill many roles: marketer, stager, tour guide, negotiator. And don’t leave out another role -- psychology major! To build our kind of successful track record, a real estate agent needs to study and understand the way prospective buyers think about their search for a future home, how they are likely to react to different forms of presentation, and what builds or detracts from the value they assign to your property. It’s psychology, all right … (0 comments)
All of life’s major projects take preparation, and selling a home in Pelican Bay and Bay Colony requires just that. Contacting me is a pretty good place to begin, because selling a home efficiently and within a reasonable amount of time most often takes extensive knowledge of the Naples market. A checklist is a good way to introduce the steps you can take to prepare for selling a home. Here’s a quick overview of five of the items I include in that checklist: 1. The obvious first step is identifying any major problems and determining what should … (2 comments)
For credit-worthy Pelican Bay and Bay Colony homebuyers, getting a mortgage can be a walk in the park…or a nerve-wracking nightmare. The difference usually has to do with those ubiquitous Credit Reports – the ones TV commercials want to send you for free (at which point they will try to sell you not-so-free monthly services). Anyone who has ever been stalled just as they reached the final stages of getting a mortgage or refinancing knows that getting mad doesn’t solve anything. But avoiding a last-minute problem is easy to do if you plan ahead. At least six months ahead. We … (0 comments)
With more than 1,000,000 members the National Association of Realtors® is the nation’s largest trade association. It’s no wonder that what it says carries a lot of weight. When a gargantuan outfit like NAR makes a prediction, its words may not always make headlines, but they do influence everyone whose job it is to forecast the future of the nation’s economic activity. That’s why their most recent report dealing with pending home sales put smiles on many of those one million members’ faces. “The spring home buying season looks bright,” according to Chief Economist Lawrence Yun. … (0 comments)
When it comes time to put their home on the market, the Number One topic Naples sellers focus on is Pelican Bay and Bay Colony home and condo prices: home prices historically, home prices this April, projected home prices in the future. What many sellers don’t truly realize is that they have more control over the price their home fetches than they may think. Smart application of remodeling dollars to maximize a property’s salability is the earliest and most important action a homeowner can take. If you plan to remain in your home for the foreseeable future, lifestyle … (2 comments)
Are your Mortgage Rates OK? When mortgage rates began to rise in January, it caught the attention of a lot of future Pelican Bay homebuyers. If they had been enticed by the record-breaking low mortgage rates that had been headline news for so long, many of them began to reconsider their leisurely home-hunting pace. Now we have an interesting turnaround: last Tuesday, the FHFA reported yet another reversal. They say that rates fell again: either nine or ten basis points, or --depending on how it’s reported-- five. It may seem a little difficult to sort that one out. … (0 comments)
It has been a long time since truly credible sources dared to combine the word ‘optimistic’ with anything like ‘Home Sales Buying Season’, but last week the National Association of Realtors’ Chief Economist, Lawrence Yun, sounded like he is ready to start talking that way. This spring the residential real estate outlook is being buoyed by an upward trend in the national “pending home sales” numbers. Yun points to January's pending home sales as reaching the highest level since April 2010. The number rose from 95.1% in December 2011 to 97% this January – a 2% increase in … (0 comments)
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Ginny Lee
CRS, Realtor, CDPE & ASP,Americas Best Agent,Naple
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