Monday, November 22, 2010

Cypress Woods - North Naples Bundled Golf

This is a beautiful Naples golf community located in North Naples and in close proximity to I-75, shopping, restaurants, and the beaches.  This is a bundled golf community so if you purchase a property in Cypress Woods you will receive a golf membership.  However this is also a course open to the public for a small fee.

Cypress Woods is surrounded by nature and offers an 18 – hole golf course which was designed by Gordon Lewis.  There are many amenities offered as well, including the use of the tennis courts, dining rooms, swimming pools, and so much more. 

Prices range from as low as $79,000 all the way up to the high $300’s

Currently for Sale: 60

Pending: 13

Closed in 2010: 46

Highest Sales Price: $350,000

Lowest Sales Price: $85,000

Average Sales Price: $167,982

Average Sold to List Price: 94%

If you are interested in learning more about Cypress Woods, Naples golf homes, or any other Naples real estate information, email me at info@naplesguru.com.

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Tuesday, November 9, 2010

11030 Gulfshore Dr Unit 904

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For more information, check out Vanderbilt Yacht and Racquet Club
Contact the Naples Guru Team for more information, additional pics, and price opinion. We will guide you through the process of making an offer to the bank. (239) 963-4070

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Thursday, October 28, 2010

Breakwater in Pelican Bay

Pelican Bay is an exclusive development located directly off of Tamiami Trail N and Vanderbilt Beach Road.  It is an outstanding location filled with lots of dining, shopping, and of course Pelican Bay's own private beach.  There are so many amenities available to Pelican Bay homeowners.  The types of homes vary from low-rise condos, high rise condos, villas, and of course single family homes.  Prices range from the mid $200,000's all the way up to beachfront estate homes over $10,000,000.

Today I thought I would focus on one of their most popular low rise condo subdivisions known as Breakwater.  They are labeled as condos but they are actually considered coach homes.  Each unit has a gorgeous view of a large lake with a fountain.  It is a serene and peaceful subdivision with prices ranging from the mid $400,000's to $600,000. 

 Current 2010 Breakwater at Pelican Bay Statistics:

Active: 10

Pending: 2

Closed in 2010: 8

Average Sold/List %: 90%

In the years between 2005-2008 the average sales price was $715,090.  Prices are much lower.

If you would like to see a full list of the Breakwater condos for sale or for a full list of Naples condos for sale, email me at info@naplesguru.com.  

 

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Wednesday, October 27, 2010

Naples Foreclosures

Season is almost upon us here in regards to Naples real estate.  Sales have definitely increased over the past few years and one major role that played a part in the increase of sales is the increase of Naples foreclosures.  Many buyers who are looking for deals have been running into “multiple offer scenarios” over the property they decide to put an offer on.  One important thing to remember is when looking for a foreclosure do not get emotionally attached until the day you close and also be prepared to move quickly once you see a property you are interested in. 

For example check out this foreclosure below:

820 Meadowland Drive    List and Sales Price: $156,900

This villa has 3 bedrooms and 2.5 bathrooms.  It was built in 1988 and has just over 1,700 square feet of living space under air.  The location is prime!  Pelican Ridge Villas are located directly off of Vanderbilt Beach Road and Tamiami Trail North, only minutes to the beach, shopping, and dining.

This home sold for $379,000 back in 2005.  As you can see 2010 is seeing homes selling for considerably less than they have been in almost 10 years.

Now is the time to buy!  For a full list of Naples homes for sale or for a full list of Naples foreclosures, email me at info@naplesguru.com

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Friday, October 22, 2010

The walk communities of Naples: Village Walk, Island Walk, and Verona Walk

Village Walk, Island Walk, and Verona Walk are some of the most buzzed about communities in Naples, Florida due to the extensive amenities and living up to the resort style life.  These communities are very active in Naples real estate.  If you look at the 2010 statistics below you will notice the popularity of these communities.  A top selling feature is that these home are “Built Solid”, each home has been individually poured with solid concrete making them stand apart from the rest.

Village Walk

Village Walk was the first DiVosta community in Naples, Florida and the sell out went quickly.  Village Walk is located in North Naples off Vanderbilt Beach Road and is close to dining and shopping and only 5 miles to the Gulf of Mexico.  These home we built from 1995 – 1998.  They range from a 2 bedroom plus den attached villa starting price around $225,000 and go all the way up to 4 bedroom single family home that starts around $485,000.

Village Walk offers many amenities including  a 24 hour man guarded gate, a Town Center with a market place, ice cream and deli shop, gas pumps, car wash and a post office.  Village Walk also offers a fitness center, lap pool, resort style pool, tennis pavilion with six lighted Har-Tru tennis courts and a full time activities director.

2010 Village Walk Sales Statistics

Active: 20

Pending: 4

Closed this year: 30

Average Sales Price: $282,452

Island Walk

Island Walk which started construction in 1999 and was built out by 2003, offers some of the same models as Village Walk including the 2 bedroom plus den attached villa, 2 style single family homes, and a townhome.  The prices here are currently ranging from $200,000 all the way up to $600,000. 

Like Village Walk there are also many amenities here including the gorgeous Town Center that offers a cafĂ©, store, post office, hair salon, gas station and a car wash.  There is also a state of the art fitness center which overlooks the beautiful lake, a resort style pool and lap pool, tennis courts, bocci ball, and lastly a putting green.  There are countless bridges and walkways for you to explore the community walking, biking, or even on a golf cart.  This community is located off Vanderbilt Beach road close to Collier Blvd about 7 miles from the beach.  Check out the 2010 sales statistics below:

2010 Island Walk Sales Statistics

Active: 47

Pending: 15

Closed this year: 65

Average: $288,271

Verona Walk

Verona Walk is the newest Naples DiVosta community and is still under construction.  This master planned community started in 2004.  This community offers the same floor plans as Island Walk and they have also introduced some newer models.  These homes range from the high $100’s to $500,000.  Verona Walk is close to downtown Naples and 5th Avenue but it is about 10 miles to the beaches and Marco Island.

This active community also has a year round activities director, a state of the art fitness facility, a basketball court, lap pool, 8 lighted Har-Tru tennis courts,  bocci ball, and miles of bridges and walkways.

They have a bistro and bar, a hair salon, post office, resort style pool, 5th 3rd bank with atm, 24 hour man guarded gate, gas station, and car wash. 

2010 Verona Walk Sales Statistics

Active: 89

Pending: 21

Closed this year: 64

Average: $270,605

The vibe most people get from these “Walk” communities is that they never have to leave except to go to the super market.  Everything else is a short walk away.  A nice plus about these communities is that even with such an abundance of amenities the homeowner’s association fees are still considerably low.  The proximity to the Gulf also keeps the cost of insurance down. 

If you would like to learn more about any of the above mentioned communities or for a list of other Naples homes for sale, email me at info@naplesguru.com.

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Tuesday, October 19, 2010

Vanderbilt Beach Real Estate - September 2009 vs 2010

Vanderbilt Beach real estate offers buyers a prime location for exquisite shopping and dining, as well as panoramic views of white sand beaches and turquoise waters.  Many snowbirds flock here in the winter time.  The properties in Vanderbilt Beach range from 1 bedroom condos all the way up to multimillion dollar estate homes. 

Vanderbilt Beach Sales in September 2009

·         17 sales

·         Lowest sales price - $100,000

·         Highest sales price - $4,950,000

·         Average sales price - $1,928,470

·         Median sales price - $734,000

·         Average days to contract - 263

·         Average sales price to list price - 89%

Vanderbilt Beach Sales in September 2010

·         11 sales

·         Lowest sales price - $340,000

·         Highest sales price - $4,600,000

·         Average sales price - $1,729,545

·         Median sales price - $570,000

·         Average days to contract- 225

·         Average sales price to list price - 94%

As you can see 2009 had just a few more sales than did September 2010.  The pricing is relatively the same in regards to the average sales price, etc.  However the average sales price to list price is up by 5% in 2010.  Also the average days to contract has lessened about 38 days.

If you are interested in Vanderbilt Beach either for buying or selling or for any Naples real estate questions email me at info@naplesguru.com.   

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Thursday, October 14, 2010

Vineyards 2 Great Deals for Under $200,000

Vineyards real estate in Naples, Florida always seems to be moving.  There is a wide variety of people who purchase property in the Vineyards.  Right now the current homes on the market range from the low $100,000’s and go up as high as $3,400,000. 

Today, I wanted to share 2 great deals in the Vineyards for under $200,000.

6045 Chardonnay Lane #203        $158,900

Here is a 2 bedroom 2 bathroom with an amazing view of the luxury golf the Vineyards has to offer.  Chardonnay at the Vineyards is a quaint little condominium community, located only a short walk to the Physicians Regional Medical Center as well as the Crossings shopping center which includes a Publix, Blockbuster,  dining, and a little shopping.

110 Siena Way #201        $108,900

This is a bank owned 2 bedroom and 2 bathroom, first floor condominium unit in Tuscany at the Vineyards.  Just shy of 1,500 square feet, this home was built in 1990 and has been updated.  Tuscany is another low rise condominium community inside the Vineyards that only has 120 units with a very peaceful setting.

For a current list of the homes for sale in the Vineyards or for any other Naples real estate information contact me at info@naplesguru.com.

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Tuesday, October 5, 2010

Golden Gate Estates Foreclosures

Golden Gate Estates foreclosures do not last long on the market at all.  In fact the average days on the market is only 64. 

Golden Gate Estates Foreclosure Statistics:

•·         Currently for sale - 86

•·         Currently pending - 61

•·         Sold in 2010 - 337

All investors and first time home buyers must check out these current Golden Gate Estates foreclosures before they are sold. 

 2790 45th Ave NE       $153,900

This is a bank owned 4 bedroom and 3 bathroom single family home nestled on 2.73 acres.  Built only in 2002 the home boasts over 2,300 square feet of living space and also has an open veranda for entertaining. 

 2390 68th Ave NE       $104,900

Here is another bank owned foreclosure you should not overlook.  This home has 3 bedrooms plus a den, and 2 full bathrooms.  It was built in 2002 and has just over 2,021 square feet of living space.  You can enjoy your privacy from your screened lanai that overlooks the 1.59 acres the home is nestled on.

 4111 66th Ave NE       $129,900

Here is an almost new bank owned foreclosure built in 2006.  This home rests on 1.59 acres and has 3 bedrooms, 2 bathrooms, and a 2 car garage.  There is 16" tile on the diagonal in all the main living areas and lives light, bright, and airy.

For a list of all the Golden Gate Estates foreclosures or if you would like to make an appointment to discuss buying any Naples real estate email me at info@naplesguru.com.

 

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Thursday, September 30, 2010

Naples - 2010 vs 2005

Many people are interested in how the Naples real estate market compares now to the peak years.  2005 represented the highest number of sales as well as the peak in prices (though it was more like late 2005).  Let's take some of the more notable communities and compare 2005 with 2010.  I will only use statistics through 9/28 for each year.  I think you will find this interesting. 

Old Naples

·  163 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $199,900

·  Highest sales price - $11,200,000

·  Average sales price - $1,287,000

·  Median sales price - $1,080,000 

 

·  94 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $129,000

·  Highest sales price - $7,199,000

·  Average sales price - $1,190,000

·  Median sales price - $729,000

Port Royal

·  30 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $2,100,000

·  Highest sales price - $24,800,000

·  Average sales price - $6,568,000

·  Median sales price - $5,300,000

 

·  29 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $2,450,000

·  Highest sales price - $22,000,000

·  Average sales price - $6,956,000 (Whoa!)

·  Median sales price - $4,900,000

Pelican Bay

·  412 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $383,000

·  Highest sales price - $11,000,000

·  Average sales price - $1,273,000

·  Median sales price - $925,000

 

·  217 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $245,000

·  Highest sales price - $7,900,000

·  Average sales price - $1,071,000

·  Median sales price - $745,000

Vanderbilt Beach

·  126 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $197,000

·  Highest sales price - $3,200,000

·  Average sales price - $1,028,000

·  Median sales price - $885,000

 

·  72 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $137,000

·  Highest sales price - $4,300,000

·  Average sales price - $1,008,000

·  Median sales price - $680,000

Naples Park

·  133 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $239,000

·  Highest sales price - $800,000

·  Average sales price - $467,000

·  Median sales price - $444,000

 

·  91 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $61,500

·  Highest sales price - $499,000

·  Average sales price - $187,000

·  Median sales price - $177,000

The Vineyards

·  181 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $179,000

·  Highest sales price - $3,205,000

·  Average sales price - $629,000

·  Median sales price - $534,000

 

·  109 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $141,000

·  Highest sales price - $2,534,000

·  Average sales price - $451,000

·  Median sales price - $350,000

Grey Oaks

·  56 closed sales from 1/1/2005 to 9/28/2005

·  Lowest sales price - $650,000

·  Highest sales price - $4,270,000

·  Average sales price - $1,756,000

·  Median sales price - $1,600,000

 

·  32 closed sales from 1/1/2010 to 9/28/2010

·  Lowest sales price - $632,000

·  Highest sales price - $5,250,000

·  Average sales price - $1,893,000

·  Median sales price - $1,600,000

Some of these statistics are probably very surprising to you.  Actually, they are surprising to me.  Several communities have seen the average sales price has gone up!  Now, I deliberately targeted some of these areas to show that the wealthier areas have not gotten hit that badly.  Remember the theory - wealth attracts wealth.  This was the tone of the Forbes article where Naples was highlighted as having the largest shift in wealth in 2009. 

Most of these communities are Naples waterfront and/or Naples Luxury Golf.  The higher end of the market is made up of a higher percentage of cash buyers.  I included Naples Park to contrast because I knew that it has been an area that has come under great distress. Naples Park was mostly made up of investors and highly leveraged buyers.  Falling values caused an implosion.   

Even if you are not interested in these premium areas, this is quite a statement about Naples luxury real estate.  All owners that own, and will own in the future, will benefit from the wealth in Naples. 

Tim Ryan - Amerivest Realty
info@naplesguru.com
Office - (239) 963-4070
10001 Tamiami Trail N
Naples, FL 34108
About Tim Ryan

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Monday, September 27, 2010

Naples Condos are Selling!

There is so much misinformation out there right now about the Naples real estate market.  Our overall market has been extremely busy for the past 18 months.  This is particularly true over the last 6 months. Many outsiders get the impression that sales are stagnant and buyers are on the fence with that same attitude 'I don't have to buy'.  My sense is that in a few years these groups of buyers will look back with regret.

The segment of the market that is thriving (despite public opinion) is the condo market.  Naples condos have been very active. You may be skeptical and think 'Realtors always want to give the impression things are busy'. However, I have the data and I want to share it with you.  This comes from the MLS and is not manipulated in any way. 

Naples Condos Sold By Year:

2010 - 2746 (Still over 3 months remain)
2009 - 2943
2008 - 2071
2007 - 1837
2006 - 1974
2005 - 4306
2004 - 4549
2003 - 3523
2002 - 2125

I know we are not at the same levels as the days of 2004 & 2005 (but we may get close this year) but clearly there has been a shift in buyers motivations. 

Average Sold Sales (Condos) Over Last 4 Years

Average Sold Price (Condos) Over last 4 Years

Why the surge in sales? PRICING.

The good news is that you are not too late! Real estate is a market where you deal with individual sellers. Go to our site to find a list of all Naples condos for sale.          

Tim Ryan - Amerivest Realty
info@naplesguru.com
Office - (239) 963-4070
10001 Tamiami Trail N
Naples, FL 34108
About Tim Ryan

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Thursday, September 23, 2010

Naples Park Elementary

Naples Park Elementary , a Collier County Elementary school, located at 685 111th Ave N, Naples, FL sits conveniently on the northern border of Naples Park north of Immokalee Rd, across from 111th Street. Like the development, the school is less than a mile from the Gulf and area attractions making it a convenient stop off for local parents commuting around the area.

Many Naples Park students walk or ride their bikes because of its close proximity to most of the homes, especially those living in the northern blocks. Naples Park is a school that has a family oriented focus being a tightly knit neighborhood school. There were about 650 students in 2009 and the attendance rate was in line with Collier County’s rate of 94.5%.

Being surrounded by a terrific community, the school benefits greatly from support from local community members and businesses. Many volunteers are active in helping make the school great.

Buyers interested in Naples Park real estate will find the family oriented culture of this area to be desirable. Whether you’re looking for Naples Park rentals and interested in enrolling your child in this school, or have a more full time plan and want to look for Naples Park homes for sale, you’ll find http://www.naplespark.com to be a great resource.

Tim Ryan, Amerivest Realty

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Tuesday, August 31, 2010

Save Your Search - Receive Email Alerts

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For more information, check out http://www.naplesguru.com
Save your Naples real estate search at http://www.naplesguru.com and receive email notifications of properties that meet your specific search criteria.

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Wednesday, July 7, 2010

Oil SPill Affecting Naples FL? Less Than 1% Chance Says NOAA

Some buyers have inquired about the oil spill and its affect it will have on Naples beaches and the Naples real estate market.

It seems that the impact of the oil spill has not affected Florida beaches beyond Northwest Florida.

Our optimistic outlook remains unchanged, especially in light of recent forecasts from the NOAA, National Oceanic & Atmospheric Administration’s model, which shows where oil may be likely to travel, thereby giving coastal states and communities information about potential threats of shoreline impacts.

Naples falls within an area they noted as having a zero percent chance of impact. See Model Graphic Here

Here is the article where this graphic was derived. Here are additional long-term computer models.

Here is another informative article with no reports of any threat to southwest Florida and none in the foreseeable future.

We conclude this will have no impact on the beaches and there is actually the possibility of having a positive impact on the real estate market as investors, vacationers, snowbirds and retirees will favor our unaffected area over other areas of Florida.

Naples Real Estate – Tim Ryan and The Naples Guru Team (239) 963-4070 info@naplesguru.com Naples Homes For Sale

See Also – Rich Migration Slide to Naples FL – According to Forbes, the wealthiest in America are moving to Naples

NaplesGuru.com is your #1 Source for information on the Naples real estate market and Naples homes and condos for sale. Search Updates Naples MLS and Utilize Best Search Tools to Find Property

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15278 Burnaby Dr Video Tour

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15278 Burnaby Dr Video Tour

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796 Ashburton Dr Video Tour

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796 Ashburton Dr Video Tour

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Tuesday, June 15, 2010

Rich Migration Slide to Naples FL

Yahoo featured an article on their front page 6/15/2010 citing a Forbes study on where the Wealthiest people in the country are moving – and atop the list, Collier County Florida, specifically Naples. The interesting statistic is slightly more people left than arrived, however, of those who arrived averaged the highest arriving average income per capita.

The information was pulled from IRS data, and the biggest reasons for moving have been Low taxes, warm sunshine and deep discounts on real estate.

Naples real estate certainly provides all three of those important factors to a homebuyer, especially a wealthy one.

Taxes are typically assessed at 1.25% of purchase price. Given the newly completed public project, both utility and beautification, clean streets, excellent public services and overall quality of living of Naples, these taxes are cheap in comparison to surrounding areas in southwest Florida with higher taxes.

Everyone knows the climate of southwest Florida is second to none.

Deep discounts on real estate are found everywhere, including luxury homes west of 41. The distressed market sparked home sales in the last couple years, but regular resales remain strong. Naples foreclosures and Naples bank approved short sales are among the top value properties. However, in the last two months (4/15/2010 to 6/15/2010) Naples single family home sales excluding foreclosures and short sales totaled 428. Almost one in 5 sales (18%) were over $1M sales, with almost half of those over $2M. If Golden Gate Estates homes were excluded, the average price would tip just over $1M.

Naples experienced significant growth in the last 10 years, yet the city managers, architects and developers held true to the look and feel of one of the oldest cities in the world on the other side of the Atlantic. Marrying the southwest Spanish architecture with Old Italian flare creates a feeling of endless beauty amongst the blue-green waters, lush tropical vegetation and sprawling water views. Fountains, navigable waterways and lakes fill sightlines from a stroll through your neighborhood or your screened in lanai. Buyers prefer Naples homes and condos because the newer developments maintain the feel of olden times of ancient architecture with features that match Mediterranean castles, churches, museums and villas.

It’s no wonder the wealthiest people in the country favored Naples over any other place in the country.

Eamon Murphy for Tim Ryan

http://www.naplesguru.com

(239) 963-4070

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Monday, May 17, 2010

Naples Real Estate Update - May 2010

When comparing sales trends from 2009 to 2010 – this year is up in numbers across the board. The most glaring statistic is the Naples real estate sale trends taking place in the first quarter of 2010. As we approach the halfway mark of 2010, we see Naples home sales are climbing – and at a record pace.

The average number of Naples real estate sales per month is 673. In the last few months, we exceeded this average. You can see in the graphic the blue trend line continues upward. There is no evidence this is going to change anytime soon. This graphic accounts for all residential transactions, including Naples homes for sale and Naples condos.

If you take a small sampling of sales to see what is happening, the first half of the most recent month, may 2010 provides a snapshot of sales trends by type. In the first 15 days of the month (5/1/2010 to 5/151/201) – or the first half of the month – there were 285 sales. Of those 285, 186 were regular non-distressed resales.  This is evidence that although the distressed market is fueling sales (we will speak to this next), the non-distressed market remains healthy representing 65% of sales. Keep ion mind that sales are up across the board – distressed or not, so 65% still outweighs years past without the bank owned foreclosures and bank approved short sales adding to the totals.

The non-distressed market remains healthy – but terrific values are being found by buyers concentrating on the deals bank owned homes and condos as well as short sales present. The REO bank owned Naples foreclosures are priced so low to begin with that the final sales price is at asking (on average). Naples bank approved short sales are presenting such great deals as well that their final closed sale price is at about a 5% discount from what the property was listed at. Contrary to this, on regular non-distressed sales, buyers are realizing about a 10% discount from asking – this figure down from last year when the average was about 93% of list or asking price.

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Tuesday, April 27, 2010

Naples Foreclosures Inventory

The flow of Naples foreclosures is unpredictable. Buyers are still looking at distressed properties first, and sometimes, they aren’t always available when they are expected. Buyers often scour the internet, read their Naples foreclosure list that was emailed to them, create a favorites list and fly down to Naples, often a little over-zealous, to look at their listings. Unfortunately, when they arrive, the distressed properties are already gone or already in a highest and best multi-offer bidding situation. Depending on what buyers are looking for, they may have nothing to look at in their price range and property type. Then, a week later, a bunch of terrific deals flood the market. This unpredictablility is not a problem for buyers, it just means that buyers need to exercise patience and due their part in monitoring the market. There is no doubt that the distressed properties are often the best option for buyers.

In the last 16 months, Naples foreclosures made up over three quarters of all sales. In the first quarter of 2010, they only represented half. This doesn’t mean distressed sales are increasing, certainly not in frequency, but the inventory of distressed properties is shrinking. To many, this means the beginning of the end of the down period. Many think that Naples real estate is making a big comeback and Naples foreclosures and Naples short sales are leading the way.

Eamon Murphy for Tim Ryan and the NaplesForeclosure.com Team

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Monday, April 26, 2010

Distressed Naples - The Majority of Sales

Naples foreclosures make up the majority of all sales in Naples and buyers are taking advantage of the opportunities presented to them by the banks. When a bank, mortgager, repossesses a property from a mortgagee, they need to quickly turn around and unload it. The bank solicits the service of a local real estate broker to list and sell the property – quickly. Since the bank wants to rid themselves of the bad asset they just inherited from a non-paying borrower, the local broker takes the BPO and often drops the price even more. This is why buyers are looking at REO bank owned Naples property first before looking at Naples real estate as a whole.

The true story of Naples bank owned residential sales is in the numbers:

Start Period

End Period

1/1/2009

4/1/2010

Last 18 Months

2,351

REO Bank Owned Foreclosures

1,176

Short Sales

3,527

Total Distressed Property Sales

4,566

All Sales

77%

Percentage of Sales that were Distressed

Start Period

End Period

1/1/2010

4/1/2010

Last 3 Months

422

REO Bank Owned Foreclosures

325

Short Sales

747

Total Distressed Property Sales

1,309

All Sales

57%

Percentage of Sales that were Distressed

These Naples distressed property sales numbers are staggering. Over the last year and a quarter, most sales have been either a REO bank owned foreclosure or Naples short sales.

Last year, 2009, a large majority of sales were distressed property sales. This year, 2010, the numbers show more buyers are buying regular resales. This is only because the distressed inventory shrunk by more than half since this same time one year ago.

Naples Foreclosure Resources

Naples Short Sale Resources

Naples Foreclosure List

Tim Ryan, NaplesForeclosures.com

Amerivest Realty

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Wednesday, February 17, 2010

Vineyards Subdivisions

This year is starting off with a bang and Naples real estate is selling regardless of the lack of consumer confidence. Many Canadians are taking advantage of good value Naples homes for sale since their dollar is as strong as its been in years. One of the popular developments amongst buyers interested in Naples luxury real estate is Vineyards. There are many different building types in the Vineyards. Vineyards real estate is popular amongst full time residents and visitors alike. Prices start in the $100s and go as high as $3M+. You can browse Vineyards real estate by community here:

Arbor Glen

Augusta Falls

Avellino Isles

Camelot Park

Chardonnay

Clubside Reserve

Concord

Erin Lake

Fountainhead

Glen Lake Estates

Hammock Isles

Laguna Royal

Lalique

Montelena

Napa Ridge

Oak Colony 

Palo Verde

Regency Reserve

San Rafael

Silver Oaks

Sonoma Lake

Terracina

Tierra Lago

Tra Vigne

Tuscany

Valley Oak

Venezia Grande

Villa Florenza

Villa Verona

Villa Vistana

Vintage Reserve

Vista Pointe

Wedgewood

Vineyards homes and condos, as of 2/17/2010 – there are 185 units for sale, average list price is almost $680, and the average size is a 2500 sf home. Most come with at least 2 baths, most have a half bath and 3 bedrooms or more.

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Friday, February 12, 2010

Naples Guru Team is Growing

February 12, 2010

Over the course of the last few weeks, I have really taken a step back and tried to plan 2010.  My #1 Goal  is to enhance systems and delivery of information.  I want to continue to provide a high level of customer service.  I simply do not have the time to keep contact with all of you in a way that is fair.

 

In order to provide better service, I have decided to add additional Team Members.  This includes a full time assistant to handle administrative work.  Sheri Schultz has been with the Naples Guru Team now for several weeks.  She will be responsible for handling contracts.  Sheri is a licensed FL agent and is qualified to answer your questions. 

 

I have also decided to add 3 new agents to handle buyers.  These agents are fully equipped to help you in your real estate needs.  They went through a serious interview process.  There were many more agents not offered positions.  I think you will be really happy with them. 

 

I will continue to work as a Buyer’s Agent.   However, I will spend much more time selecting ‘Top Picks’ and enhancing websites and improving how buyers are delivered content. 

 

I want to thank so many of you for helping to grow this business.  My goal remains the same - To work as an advocate for buyers.   

 

Let me introduce you to the newest members of the Naples Guru Team:

 

 

 

Dan Buckley has over 20 yrs. in sales and has been selling Naples Real Estate for over six years as a representative to buyers from around the world. He provides outstanding customer service to his buyers and sellers using the latest technology.

 

 

 

 

 

Sheri Neuman had been visiting her family in Naples since 1996 and in 2003 made the move to paradise along with her two daughters. She has been selling Real Estate since 2005. I enjoy getting to know my customers and finding the optimal home for their lifestyle and personal needs.” It’s what I do best, the process and research evolved is both exciting and rewarding.” Sheri lives in North Naples. She has two wonderful teenage daughters. Her oldest is a Senior in High School and will be off to college in the Fall. She enjoys golf, tennis, the theatre and all that Naples has to offer.

 

 

 

 

 

 

Tim Scott was raised in Chicago Illinois and first came to Naples in 1989.  Tim’s background involves 30 years of commercial and residential construction and buying and selling real estate. He knows what it takes to buy and what it takes to sell in today’s VERY UNIQUE real estate market.  He has an expert working knowledge of Naples and South Lee County from first time buyers, to foreclosures, to golf communities and luxury homes.  He takes pride in working on behalf of his clients - buyers and sellers - and working to ensure their real estate needs are met.

 

 

 

 

Eamon Murphy, originally from Pennsylvania, moved to Naples to live the Florida lifestyle - and he does just that. A frequent beachgoer and boater, he appreciates all Naples has to offer and loves introducing buyers to the area. Eamon was a Project Manager for local underground utility companies and managed projects in and around Naples. Eamon has extensive knowledge of the distressed markets and a good eye for value. He also utilizes the latest technology to educate and inform his clients with speed and efficiency unmatched by any other agent. This interaction is crucial in this fast-paced market.

 

Please know that the Naples Guru Team is here to help you in 2010.

 

 Sincerely,

 

 

Tim Ryan

 

 

Tim Ryan created the Naples Guru Team to meet the demands of buyers who simply seek a professional advocate. Tim is THE Number 1 Buyer’s Agent in Naples - He has helped more buyers in the last two years buy Naples real estate than any of the other 5000+ agents. He has his undergrad in Finance and he's a licensed Florida Realtor. He's well acquainted with the neighborhoods and communities that comprise Naples, very knowledgeable on market trends, always abreast of the latest technology continually updating his websites and their capabilities and proactive in his community and church. You can read more about Tim Ryan here. 

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Vineyards Naples Real Estate Update

Things are once again looking up for Naples real estate. The beginning of 2010 started out hot. Let’s take for example the community of the Vineyards. This development, with most homes built in the 90s are selling to those who want Naples luxury homes or Naples luxury condos at a great value while the market is down.

To join the Vineyards Country Club, for the Social Membership Only, it is $3,000 one-time fee, and also $3,000 per year. This is optional. You get to use the pool and similar amenities of the club.

There are over 30 subdivisions in Vineyards ranging from golf communities, to single family gated, single family non-gated, condo gated and others. All tailor to a specific lifestyle – luxury Naples living. The best thing about buying in Vineyards right now is the tremendous value you can expect. Let’s look at Closings of all single family homes and condos in Vineyards since this time in September of 2009. This is cut off at Feb 12, 2010:

 

MLNum

List Price

Selling Price

% of List

Closed Sale Date

SubCondo Name

Bed

Bath

Half

SF

Built

1

209038477

$1,458,900

$1,458,900

100%

10/8/2009

HAMMOCK ISLES

3+Den

3

1

3159

2005

2

209001796

$1,299,000

$1,200,000

92%

10/30/2009

TERRACINA

3+Den

3

3

4306

2001

3

209025012

$1,102,400

$1,102,400

100%

10/29/2009

HAMMOCK ISLES

3+Den

3

1

2919

2007

4

208033227

$1,099,000

$1,099,000

100%

10/5/2009

TERRACINA

4 Bed

3

1

3144

1998

5

209024606

$1,084,500

$1,084,500

100%

9/21/2009

AVELLINO ISLES

3+Den

3

1

2814

2006

6

209021303

$949,000

$885,000

93%

11/12/2009

HAMMOCK ISLES

4+Den

4

1

3000

2006

7

209003641

$990,000

$827,500

84%

9/15/2009

TERRACINA

3+Den

3

1

3200

2003

8

209018854

$795,000

$732,500

92%

12/30/2009

VISTA POINTE

4+Den

3

1

3125

2002

9

209018522

$799,900

$710,000

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