September 1, 2014

Bonita Springs and Estero now definitively in a Seller's Market

Bonita Springs & Estero in SW Florida are now definitively in a Seller's Market for real estate.
Inventory for properties for sale is really low and continues to decrease steadily.
Bonita Springs-Estero Association of Realtors (BEAR) just published interesting figures about the state of the real estate market.

  • Inventory decreased 40% in July 2014 compared to same period in 2013.
  • 60% decrease of inventory for single-family homes for the same period.
  • Average sale price increased 7% for single-family homes.
  • Average sale price for condos increased 5.6%.
Read more details...
Properties for sale in Estero...
Properties for sale on Bonita Beach...
New communities in Bonita Springs & Estero...

August 20, 2014

Esplanade Golf & Country Club - Price increase.

Esplanade Golf & Country Club, Naples FL.
Prices have been increased in three collections of homes in Esplanade Golf & Country Club, a new bundled golf community under development in North Naples.
Prices on Novelli, La Palma & Torino collections have been increased up to $10,000.

The construction of the coach homes has also started in Esplanade and pricing and floor plans will be released next month.
Esplanade will feature almost 1,200 homes when completed.

View all floor plans & pricing for Esplanade Golf & Country Club...

August 11, 2014

Changes Coming To FICO Score

NEW YORK (AP) – Aug. 11, 2014 –
 Changes are coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on loans for cars and homes.
View complete article...

July 25, 2014

Grey Oaks Naples - Strong Sales YTD with $31.5 Million Sold!

Strong sales reported at Grey Oaks Country Club in Naples, Florida since the beginning of the year: $31.5 million of sales considering new homes and resale properties. View article in Naples News.
Grey Oaks is currently offering new constructions in:
- Torino and Miramonte.
- Luxury homes in Estuary At Grey Oaks.

June 6, 2014

Pelican Sound - River Club Enhancement Project - Update - June 6 2014

Pelican Sound Golf & River Club - Estero, Florida - 
The enhancement project of the River Club in Pelican Sound which started in April, is going pretty well. Construction is on schedule for a completion end of 2014. View the video capturing the first steps of the project, as of June 5th 2014.

Pelican Sound is a unique bundled golf community with boating capabilities (West of US 41 - Access to the Gulf of Mexico)  in Estero, Florida and offering the following amenities:

  • 27-hole championship Audubon certified golf course.
  • Two clubhouses & restaurants.
  • Boat shuttle to the beach (Lovers Key state park).
  • Boat launch on Estero River with direct Gulf access. Secure boat storage available.
  • 6 Har-Tru lighted tennis courts with an active tennis center.
  • State-of-the-art tennis center.
  • Canoe/kayak launch.
  • 6 swimming-pools.
Pelican Sound is only one mile from Coconut Point Mall. 15 mn away from SWFL International Airport. Close to the beaches (Bonita Beach, Barefoot Beach) and 20 mn away from shopping and restaurants of Mercato in Naples. 
Estero is ideally located between Naples and South Fort Myers.

May 30, 2014

Corkscrew Shores. New Residential Community In Estero, Florida. Opening Soon!

Corkscrew Shores - A new community in Estero, Florida is opening soon!
Located off Corkscrew Rd, Corkscrew Shores is a gated community offering only single-family homes, most of them facing a large 240-acre lake.
The amenities of Corkscrew Shores will be located on a peninsula overlooking the lake and will offer: A grand Clubhouse with fitness center, tennis courts, resort-style swimming-pool, bocce court, fishing pier and launch for canoe/kayak.
Eleven floor plans will be available - from 1,289 to 3,348 sqft under A/C.
Six or seven choice of elevations will be available and most of floor plans will have a choice for a second floor with extra bedrooms, loft or storage.
Pricing has not been released yet.
View all details and floor plans for Corkscrew Shores...

May 29, 2014

Estero Place - New Community Coming To Estero, Florida

Estero Place, a gated community under development by Neal Communities is under way in Estero, Florida.
Estero Place - located at the SW corner of Corkscrew rd and Three Oaks Pkway will feature 100 single-family homes.
In a way to keep maintenance fees low, Estero Place won't offer any amenities like clubhouse, fitness, etc.
Preservation areas, a central location in the future Village of Estero and proximity of Hertz future global headquarters should assure the success of Estero Place.
Prices will be released in a few weeks and should start in the mid $200s.
View More Info with Floor Plans...

April 7, 2014

Becoming A Florida Resident? Mistakes To Avoid For Tax Purpose

The Sunshine State attracts every year more people willing to relocate from northern states; the harsh winter up North this year combined with the last opportunities to own a property at the best price made the season very active, especially in the Naples area.
If you plan to buy or already purchased a property in Florida and plan to become a Florida resident (meaning residing in Florida for at least six months and a day)you have to be careful and take some precautions before your former state up North challenges your Florida residency.
View complete article from Naples News...
View Properties For Sale in the Naples Area...

March 18, 2014

The Charm Of Olde Naples - Townhouses & Villas In Olde Naples

Have you ever dreamed to live in Olde Naples? Close to Fifth Ave S. and walking distance to the beach?

Olde Naples offers the charm of a quaint and quiet small resort town.
As the real estate market is booming again in SW Florida, prices are on the rise in areas like Olde Naples as the supply is limited.
If you like the charm of a townhouse or an attached villa, some of them with their own swimming-pool, you must view these properties:
View Townhouses & Attached Villas For Sale in Olde Naples...
Contact me if you have any questions about these beautiful properties.

March 14, 2014

Naples Area Real Estate Market Update - Strong Sales In February.

Naples Area Real Estate Market Update - March 14th 2014.
Here is the monthly real estate market update just released this morning by NABOR (Naples Association Boards of Realtors).
Report shows that February 2014 has shown strong real estate sales in the area.
Here are the main points of the report:

  • Overall pending and closed sales increased 5 % each from 10,629 pending sales in the 12-months ending February 2013 to 11,151 in the 12-months ending February 2014, and 9,308 closed sales in the 12-months ending February 2013 to 9,735 in the 12-months ending February 2014.
  • 20% increase in closed sales for all homes over $300,000.
  • Large decrease of inventory ( - 20%) in the segment of $300,000 and under.
  • Overall median closed prices for homes $300,000 and below increased 14 %.
  • Overall median closed prices for homes $2 million and above increased 7 %.
  • Overall Days on Market is at 94 for February 2014.
The season 2014 seems to be so far one of the busiest ever. 
Multiple offers situation are common for homes priced on either end of the market.