23Jun 2023 by admin

Bonita-Estero Market – Listings Down – Prices Mixed

New listings are down, days on the market are up, while pricing is mixed. Single family median sales price is down 6%, as the average sales price is up 2.8%. For condos, the median sales price is flat, as the average sale price is up 4%. Days on market increased dramatically from 10 to 14 days in 2022 to 34 and 37 days on market for 2023
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23Jun 2023 by admin

May Market Report: Home Prices Holding Steady in Naples

A slight reduction in overall median closed price along with fewer new listings during May indicates a window of opportunity for both buyers and sellers this summer. According to the May 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall median closed price decreased 1.2 percent to $600,000 from $607,500 in May 2022. There were also 1,045 price decreases and a 31.2 percent decrease in new listings reported during the month. “More and more sellers in Naples are starting to adopt a mindset that they need to be open to negotiate on price,” said Jillian Young, President, Premiere Plus Realty, whose comment is supported by data in the May report showing a 3.8 percent decrease…
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29May 2023 by admin
Nursing home for veterans planned for Collier County

Nursing home for veterans planned for Collier County

Collier County plans to use the Golden Gate Golf Course as the location for a new VA nursing home. The county has agreed to transfer ownership of the land to the state once the project is ready. To fund the project, Collier County has approved $30 million, which will be held in an escrow account by the State Department of Veteran Affairs. This funding will help address the lack of nursing homes available to veterans in the county. In addition to the nursing home, the redevelopment plans for the site include creating affordable housing for essential service personnel and seniors, as well as government offices and potential commercial uses. The aim is to create a unified, campus-like plan that will benefit the surrounding community. For more information visit the Collier…
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29May 2023 by admin
Bonita-Estero Real Estate Listings Down 20% Prices Up

Bonita-Estero Real Estate Listings Down 20% Prices Up

New home listings and closed sales in the Bonita Springs and Estero real estate market each experienced 20% year-over-year decreases in April, according to the Southwest Florida Multiple Listing Service. The market had 382 new listings and 331 closed sales in April, while the median closed price increased nearly 3% from April 2022 to $565,000. Homes spent an average of 36 days on the market with sellers receiving an average of 96.8% of their listing prices.
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29May 2023 by admin
Naples Home Values Continue to Climb in April

Naples Home Values Continue to Climb in April

The Naples real estate market enjoyed another month of increased home values driven mainly by another month of below typical inventory levels. According to the area’s top real estate brokers, resale home inventory in Naples this year will unlikely spike to levels we enjoyed before the pandemic. However, since 2019, the number of new listings each month has remained fairly consistent, with most months enjoying an average of between 1,100 and 1,300 new listings. According to the April 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall inventory increased 64.4 percent in April to 2,868 homes for sale from 1,745 homes for sale in April 2022. “One factor holding back home sales right now is…
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29May 2023 by admin
Tides of Recovery in Ft Myers

Tides of Recovery in Ft Myers

We are excited to share with you the success of our recent event, which aimed to showcase the recovery of our beloved Fort Myers Beach after the devastation of Hurricane Ian. The event was held in the parking lot of our office on Fort Myers Beach at 100 Lovers Lane. Our company, along with our co-sponsors, Movement Mortgage and State Insurance, had the pleasure of inviting all local realtors to the event, where they were able to witness firsthand the progress that has been made since the hurricane hit. The event was a great opportunity for everyone to come together and celebrate the resilience of our community. The event featured informative presentations from city officials, including the mayor of Fort Myers Beach, Dan Allers, the president of the Chamber of…
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29May 2023 by admin
Fun Family Day at Busch Gardens, Tampa

Fun Family Day at Busch Gardens, Tampa

We recently had an incredible family trip to Busch Gardens in Tampa, Florida. The lines were short, the weather was great, and we had a blast discovering nature and wildlife. We didn't have to wait long in line, which was awesome. We had more time to enjoy the park and have fun without waiting too much. We saw amazing animals like lions, tigers, lemurs, and meerkats. It was cool to learn about them and why it's important to protect them and their homes. The weather was perfect, and everything looked beautiful. There were beautiful gardens, tall trees, and colorful flowers all around. It made our trip even more special. Busch Gardens has exciting rides for everyone. We went on fast roller coasters and fun family rides. We laughed and screamed…
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29May 2023 by admin
Access Title Naples Welcomes Marisol

Access Title Naples Welcomes Marisol

We are pleased to announce that we have a new addition to our team in Naples! Please join us in warmly welcoming Marisol Rotar, who has joined us as a new Escrow Officer. Marisol brings a wealth of experience and a strong bilingual skill set that will greatly benefit our organization and our clients. With a proven track record in the industry, Marisol has worked previously as an Escrow Officer at reputable law firms in Naples over the past few years, successfully handling a diverse range of real estate transactions. Her expertise, attention to detail, and dedication to exceptional customer service make her an invaluable asset to our team. What sets Marisol apart is her fluency in both English and Spanish. Her ability to effectively communicate with our diverse client…
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26Apr 2023 by admin

March Housing Market Report Has a Silver Lining

Closed sales of homes in Naples during the first quarter of 2023 exceeded closed sales reported in the first quarter of 2019 (pre-COVID) when inventory levels were nearly three times the current level. According to the March 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall inventory in March increased 92.4 percent to 2,900 properties from 1,507 properties in March 2022. While still historically low at 3.6 months of inventory, overall inventory in Naples has continued to increase ever since it bottomed out at 0.8 months of inventory in December 2021. Broker analysts reviewing the report like Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc., speculate that “even though buyers today are…
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