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Canadan Gambling Syndicate

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Naples & Surrounding Area August 2015 Real Estate market Report

Posted on by September 23, 2015

Housing Activity in South Naples Heats Up in August
Naples, Fla. (September 18, 2015) – Traditionally a tepid month for REALTORS®, August delivered robust activity in many areas of Naples particularly in South Naples, according to the August 2015 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). South Naples is defined in the Southwest Florida MLS as encompassing properties in zip codes 34112 and 34113 (i.e., neighborhoods south of Davis Boulevard, west of SR/CR 951, east of the U.S. 41 and 5th Ave. S. intersection. Some of the larger neighborhoods in this area include, Lely, Treviso Bay, Isles of Collier Preserve, Lakewood, Kings Lake, Eagle Creek, and Isle of Capri). This particular geographic area experienced the highest increases in overall pending sales, closed sales and median closed prices of all geographic area reported in August.

Despite a 5 percent decrease in overall inventory for homes in the South Naples region from 575 homes in August 2014 to 547 homes in August 2015, broker analysts agree that the South Naples market is gaining in popularity as buyers are attracted to its investment potential and renewed growth.

Pending sales (homes under contract) in South Naples jumped 26 percent from 112 pending sales in August 2014 to 141 pending sales in August 2015. Closed sales in this region increased 9 percent from 1,482 closed sales in the 12-months ending August 2014 to 1,610 closed sales in the 12-months ending August 2015. Interestingly, the median home price in South Naples experienced the highest increase of all geographic areas with a 21 percent increase from $179,000 in the 12-months ending August 2014 to $217,000 in the 12-months ending August 2015 despite the fact that inventory decreased only 5 percent from August 2014 to August 2015.

Aside from a steady shift of cash sales to more sales with conventional financing, there were 284 non-traditional sales (short sale and foreclosed sales) in August 2009 compared to only 49 non-traditional sales in August 2015.
Activity in the upper end of the market was impressive in August too, as evidenced in the report. Overall pending sales for homes in the $2 million and above price category increased 58 percent from 19 pending sales in August 2014 to 30 pending sales in August 2015. This $2 million and above price bracket’s overall median closed price also increased 14 percent from $2,850,000 in the 12-months ending August 2014 to $3,250,000 in the 12-months ending August 2015.

The NABOR® August 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® August 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:
Overall pending sales increased 2 percent from 795 in August 2014 to 811 in August 2015.
Overall closed sales increased 2 percent from 9,695 in the 12-months ending August 2014 to 9,870 in the 12-months ending August 2015.
Overall median closed price increased 14 percent from $260,000 in the 12-months ending August 2014 to $297,000 in the 12-months ending August 2015.
Overall median closed price for homes $300,000 and under increased 10 percent from $175,000 in the 12-months ending August 2014 to $192,000 in the 12-months ending August 2015.
Overall inventory decreased 2 percent from 3,579 in August 2014 to 3,525 in August 2015.
Overall inventory for homes $300,000 and under decreased 26 percent from 1,279 in August 2014 to 946 in August 2015.
There is a 4.27 months supply of inventory.
Average days on market decreased 4 percent from 81 days to 78 days.

Sellers in all geographic areas of Naples benefit when they partner with a REALTOR® who can provide an accurate market price for their home. Ensure your next sale or purchase in the Naples area is a success; contact Dominic pallini @ 239-949-2117 or DPNaples@gmail.com

View August 2015 Market Statistics

To view the entire report, visit www.NaplesArea.com

Villagio in Estero Activities – January 2015

Posted on by January 12, 2015

Weekly Update

Weekly Update

A Typical week of activities at Villagio include Grill Night, Adult Bingo, Boston bob’s Tuesday Dinner. Special weeks they will have additional activities such as a Super Bowl Party or Thanksgiving Dinner the week before Thanksgiving.Living The Dream “Villagio”
Villagio is not just a place to live, but a way of life !

July 2012 Villagio Estero Records 3 Closed Sales

Posted on by September 22, 2012

Dominic Pallini Closes 3 units in Villagio in Estero in the month of July 2012

1)3/den unit — 203020 Estero Garden Circle # 202 Listed at $159,900 — Selling Price $155,000

2)2/den unit  —  20261 Estero Garden Circle # 208 Listed at $159,900  — Selling Price $152,000

3)2/2     unit   —  20260 Estero garden Circle # 107 Listed at $139,900  — Selling Price  $135,000

 

No BS , Just Results

Call Dominic Today to sell your property !   239-949-2117  DPNaples@gmail.com

Housing Market Recovery — It’s Happening !!!

Posted on by August 6, 2012
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8 Signs Housing Is on the Mend

DAILY REAL ESTATE NEWS | MONDAY, AUGUST 06, 2012

Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears.

  1. Housing prices are on the rise across the country.
  2. Foreclosures have slowed. Analysts suggest that as the supply of distressed homes slows, buyers will be forced into higher-price properties too.
  3. Inventories of for-sale homes on the market are decreasing. In fact, inventories of for-sale homes have dropped 24 percent from a year ago.
  4. Mortgage rates are at ultra record level lows, for those who can qualify
  5. Housing starts rose 6.9 percent in June. Also, existing-home sales were up 4.5 percent higher in June compared to one year ago.
  6. Home building stocks are on the rise.
  7. For investors who are buying homes, rents are soaring, allowing them to cash in on their investments. Rental prices are at a 10-year high as medium units rent for $710 a month.
  8. Home affordability is at record highs for the median income family, due to falling home values and super low mortgage rates. In fact, a recent study found that it is cheaper to buy a home than rent in basically ever major city in the U.S. For those who buy, you can save the cost of renting by owning the home for five years or less.

But while the signs point to a housing market on the mend, some Americans still remain hesitant. Many Americans are still underwater on their mortgage, owing more on their home than it is currently worth. Also, the economy continues to weigh on the recovery, particularly a dampening employment outlook, which analysts see as tied to housing.

Still, The Wall Street Journal concludes in a recent article that if you take into account all the positive signs lately in the housing market, “housing presents an attractive long-term investment that should hold steady or even have upside surprise in the short term.”

Source: “Finally, It Is Time to Buy a House,” The Wall Street Journal (Aug. 1, 2012)

Villagio Estero Condos — Record Breaking Month — 4 Closed Sales in July

Posted on by August 20, 2012

Villagio Estero Condos

Villagio in Estero Wins Gold in July 2012

Villagio Estero Condos

4 Closed sales in July for Villagio in Estero. 3 are the highest priced closed sales in 5 years .

20320 Estero Garden Circle  3/den – 1828 sq. ft. Sold for $155,000

20261 Estero Garden Circle  2/den – 1667 sq.ft. Sold for  $152,000

20260 Estero Garden Circle  2/2 – 1192 sq.ft  Sold for $135,000

All sold by Dominic Pallini  — Amerivest Realty of Naples

Visit the Villagio Website for Floor Plans and Active listings at Villagio

www.villagio-condos.com     or  Contact Dominic  for additional information @

239-949-2117  or Dpnaples@gmail.com

About Dominic Pallini Amerivest Realty Naples Florida

Hard Working — Motivated — Real Estate Professional in Naples Florida . Your Personal Connection To Paradise !

Naples Area Market Report for July 2012

Posted on by July 21, 2012
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Naples, FL (July 20, 2012) – The overall housing inventory levels are the lowest they have been in six years. Inventory declined at least 12 percent in each price category from the second quarter of 2011 which had 7,208 properties compared to the second quarter of 2012 with 6,310 available properties, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

 

“We are finding that in many cases properly priced properties are selling quicker, and some are generating multiple offers. This is causing price increases in some segments of our market,”.

 

“We are seeing the gap between the list price and sale price narrowing in most market sectors,” said Cindy Carroll of Carroll & Carroll Real Estate Appraisers. “While a 10 to 12 percent discount off the list price was the norm 12 to 18 months ago, 5 percent to 7 percent (and less) is the current trend.  This results from the continuing decrease in inventory and reflects sellers holding firm on their asking price.  Buyers are realizing that the pool of available properties that meet their individual criteria is limited.”

 

The second quarter report provides comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. An overall summary combines the statistics for both single family and condominium properties.

 

The statistics are presented in chart format, along with the following statistics for second quarter 2012 compared to second quarter 2011:  Overall closed sales increased 4 percent from      2,700 sales in the second quarter 2011 to 2,817 sales in the second      quarter 2012. The overall average DOM      (Days on the Market) decreased 2 percent from 188 days in the second      quarter 2011 to 185 days in the second quarter 2012. Overall pending sales      remained relatively the same for the second quarter 2012 with 2,877 pending      sales compared to 2,879 pending sales in the second quarter 2011. Naples Beach Area overall closed      sales increased 15 percent from 568 closed sales in the second quarter      2011 to 654 closed sales in the second quarter 2012.

 

The June report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary.

The statistics are presented in chart format, along with the following statistics for June 2012: The overall median closed      price increased 9 percent from $175,000 in June 2011 to $190,000 for the      12-month ending June 2012. Pending sales increased 11      percent from 1,297 to 1,440 in the $300,000 to $500,000 category and 16      percent from 910 to 1,057 in the $500,000 to $1 million category for the      12-month period ending June 2012. Overall closed sales      increased 12 percent in the $500,000 to $1 million category and 10 percent      in the $1 million to $2 million category for the 12-month period ending June      2012.

“The real estate market continues to clear.  Prices haven’t done much but inventory is down, and this is progress from an economic standpoint,” said Dr. Shelton Weeks, Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University.

 

“Days on market continue to trend downward, especially in the $500,000 to $1 million market which shows a 37 percent decrease from 216 days on the market in June 2011 to 136 days on the market in June 2012,”

“Compared to June 2011, median closed prices are down 4 percent in the condominium market for the over $300,000 price category, but they are positive in the single family home category, having increased 2 percent in the over $300,000 price category from June 2011 to June 2012

Make Home Buying Easier With These Smart Phone APPS

Posted on by July 13, 2012

1.) Mortgage Calculator Pro – Within seconds, you can calculate your would-be monthly mortgage payment. This app lets you factor in insurance, property tax, and monthly fees such as the HOA costs, so you can determine the accurate monthly payment on your new potential home.

2.) Dictionary of Real Estate Terms – Unless you eat, sleep and breathe real estate, it’s nearly impossible to know what every real estate term means. The Dictionary of Real Estate Terms allows you to input words such as “abstraction approach,” so your eyes can look a little less blank when it comes time for contracts, negotiations and closings.

3.) Around Me – A house is only as good as the neighborhood where it’s located. The Around Me app lets you quickly find information on the location of the local necessities, by providing you with the distance to the nearest restaurants, pharmacies, movie theatres, hospitals, banks, etc.

4.) Wikihood – This app gives you full disclosure on what’s really going on in the neighborhood you’re considering as your new home. The app will automatically pull up the Wikipedia articles related to the geographic location of the phone to give you an inside look at schools, historical info, public transportation options.

5.) Walk Score – This app is especially great for city dwellers. Walk Score tells you what parts of the neighborhood are most walkable and the walking directions to your desired location. It uses GPS, so you don’t need to enter in any addresses. Walk Score rates each neighborhood up to 100, so the higher the score, the more walkable the neighborhood.

6.) Houzz – Once you’ve done the hard work of finding the house, now comes time for the fun part of decorating (well, this is subjective). The Houzz app for iPhone and iPad is a comprehensive source of design and decorating inspiration that includes over 350,000 original photos from design pros, the ability to sort by room, style and more, and the ability to save your favorite photos to your own idea books.

While these apps can’t buy your house for you, they will help to eliminate much of the confusion that buyers often face. Have you used any apps that turned out to be a lifesaver when navigating through the home buying process? Share with us!

To view the original article, visit the HomeFinder.com

 Published by  Retechnology — Reposted by Dominic Pallini Amerivest Realty of Naples