Posts Tagged ‘Bonita Springs homes’

Just Sold: Palmira Golf & Country Club Real Estate Bonita Springs, FL

Tuesday, October 8th, 2013

To search for luxury homes for sale in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

Just Sold!

$1,050,000

Palmira Golf & Country Club in Bonita Springs, FL

This Harbourside former model home offers all the fine features this builder is known for! From the kitchen to the bedroom suites to the infinity edge pool, all reflects style and elegance! This 3,359 square foot home features 4 bedrooms, a study, 4.5 baths and a large extended lanai.  Amenities in Palmira Golf & Country Club include a resort style pool and spa, lap pool, and attended fitness center. This community also boasts beautifully maintained, generous fairways, tif-eagle greens and five sets of tees. This community also offers exceptional practice facilities including a state-of-the-art chipping and pitching facility with sand and waste bunkers, an aqua driving range, two practice putting greens and a chipping area.

Listing Agent Jim Flack

Listing Agent Jim Flack

If the Southwest Florida golf lifestyle is for you, you’ll want to see more John R. Wood Realtor listings in this community and many other luxurious golf communities!

Click HERE to see all homes for sale in golf communities in Southwest Florida!

Naples, Bonita Springs, Marco Island, Estero  FL luxury Real Estate

Naples, Bonita Springs, Marco Island, Estero FL luxury Real Estate






Naples FL Real Estate: Urgency For Buying Picking Up With Canadians

Wednesday, January 2nd, 2013

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

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In today’s edition of the Financial Post, a Canadian publication, an article by Gary Marr discusses whether or not its too late for Canadians to buy in these areas, including Southwest Florida.  According to agents cited in the article, it is not too late, BUT better  hurry as prices are going up.

John R. Wood’s CEO, Phil Wood, was also quoted in the article; here is an excerpt:

Canadians are helping things pick up in Florida, says Phil Wood, an agent with Naples-based John R. Wood Realtors, who has 35 years in the real estate business in southwest Florida.

“I have seen the ups and downs and everything in between. I feel like I’ve seen it all,” says Mr. Wood, whose region is filled with Canucks. “I’ve just seen a little more urgency in the last months with [Canadians]. They seem to realize that certain areas, like southwest Florida, prices are heading up. They want to buy sooner than later. We have clients who won’t use the property for 10 years but want to lock in at current price levels.”

But even he says you need a plan and not just some trophy asset you can brag about. He says the majority of his Canadian clients are buying a second vacation home that will be used on a more regular basis once retirement hits.

Meantime, renting the property is an option. November to April is prime time for renting, although many owners want to use their property for three or four weeks during that period.

Mr. Wood says a typical US$200,000 condominium — a 1,200-square-foot apartment with two bedrooms, two bathrooms “near the water but not on the water” — may cost between US$1,000 and US$1,200 per month to carry in maintenance, condo fee, tax and utilities costs.

That doesn’t include debt carrying costs. But Mr. Wood says about 90% of Canadians pay cash even though they can finance for up to 65% of a home’s value — albeit, such financing is hard to come by, according to most experts.

“They’re ripe,” he says of Canadian buyers. “Your economy is good, the exchange rate is good, mortgage rates are good, our prices are good. It’s just a great time to reach out.”

That US$200,000 apartment, Mr. Wood notes, would have been worth close to US$400,000 at the peak of the housing market.

To read the full article, click HERE.

All of our agents are experienced and able to assist Canadian buyers looking to purchase in Southwest Florida! Click HERE to find a John R. Wood Agent.

Naples,Bonita Springs, Estero  FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

 






Things to Do in Southwest Florida This Weekend: December 22-23, 2012

Friday, December 21st, 2012

 

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

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Are you ready for the weekend? Here are the top 5 events going on in Southwest Florida this weekend courtesy of Gulf Shore Life Magazine; maybe you can squeeze in a few in between your last minute Christmas shopping!

  1. Explore the Naples Botanical Garden in a new light, or should we say lights, as it is illuminated for their annual holiday and winter solstice celebration 6-8 p.m. through Dec. 30. www.naplesgarden.org
  2.  Opera Naples takes the stage at the Philharmonic Center for its first fully staged performance there tonight and Saturday. And what better way to kick the partnership off than with Puccini’s classic Tosca. www.operanaples.org, www.thephil.org
  3. There are still three days left to catch some of the best high school hoops in the country at the annual City of Palms Classic. Teams from around the country, including 20 of the top 100 recruits in this year’s class, are at Bishop Verot High School in Fort Myers through Saturday night. www.cityofpalmsclassic.com
  4. Hear your favorite Christmas classics as the Southwest Florida Symphony plays Holiday Pops at Shell Point on Friday and at the Barbara B. Mann Performing Arts Hall on Saturday. www.swflso.org
  5. Sugar plum fairies, mouse kings and more come to the islands. See the classic holiday favorite The Nutcracker performed by Gulfshore Ballet at BIG Arts on Sanibel this Saturday at 4 p.m. www.bigarts.org

Don’t forget to look for the John R. Wood Open Houses for this Sunday! Visiting open houses are ALWAYS on the weekend to-do list!

John R. Wood Realtors – The Symbol of Local Knowledge.

John R. Wood Realtors Naples Florida

John R. Wood Realtors Naples Florida

 Source: Gulf Shore Weekend Insider






Naples FL, Real Estate: The John R. Wood Realtors’ October 2012 Market Report is now available!

Wednesday, November 14th, 2012

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

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In October 2012, the number of closings has increased by 19% over October 2011, and the highest on record for the month. The year-to-date closings are also at the highest level for the period since 2005 and only 5% below the record set in 2005 for the first 10 months of the year.  Read more…

Oct 2012 Market Report
John R Wood Realtors

 






Bonita Springs Real Estate: A Bullish Market

Tuesday, September 11th, 2012

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

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In a September 9th report by the News-Press, it was said that developers and single-family home buyers are returning to Bonita Springs and to many parts of Southwest Florida. Permits for single-family homes are up in most of Lee and Collier counties, and real estate brokers say the low inventory is giving developers’ confidence to start building for the first time since the housing crash.

Historically low interest rates, financing that’s allowing more people to get credit, a rush of all-cash buyers and a renewed interest from second-home buyers are also spearheading the return of the market, brokers said.

Naples,Bonita Springs, Estero FL Real Estate

“One of the big factors in Southwest Florida is we have so many second-home buyers and they’re now starting to sell their homes in other areas where previously that was a problem,” said Phil Wood, president and CEO of John R. Wood Realtors, which has offices from Sanibel Island in Lee County to Marco Island in Collier. “As their real estate market improves up North, it’s improving ours here.”

About 60 percent of John R. Wood Realtors’ home buyers are buying homes with cash.

“Our No. 1 foreign buyer is Canada,” Wood said. “Canadians did relatively well during the recession. They’re in much better shape to buy homes than the typical American.”

Bonita Lakes, the 268-home community off Imperial Parkway, will open at the end of October. The 144-unit Terraces at Bonita Springs, a $70 million assisted living community off U.S. 41, and the 220-home Bonita Isles community off Old 41 will open next year. The developments are Bonita’s first major construction projects in six years.

WCI Communities has applied for permits for the first phase of Terzetto, a 30-penthouse neighborhood at The Colony Bay & Golf Club within Pelican Landing in Bonita Springs. Senior Vice President Doug Schwartz said construction should start by the end of September and be complete by mid-2014.

Three other developments are under review or in the approval process for construction, according to city reports. Toll Brothers, which is building Bonita Lakes, credits historically low interest rates for the resurgence. Bonita Springs City Manager Carl Schwing believes his city of 45,000 is creeping out of the doldrums of the recession.

In Naples, the median price on closed sales in all categories increased an overall 9 percent, from $175,000 to $190,000 for the 12-month period ending in July, according to statistics from the Naples Area Board of Realtors (NABOR).

The Realtors’ report said overall pending sales increased 16 percent in the $500,000 to $1 million category, from 931 residences to 1,078 for the 12-month period ending in July. Overall pending sales rose in all categories in July compared to July 2011, from 776 in July 2011 to 840 last month.

Minto Communities, a leading builder from Canada, recently announced plans to purchase Sabal Bay, a 2,300-acre residential project near downtown Naples. The undeveloped property is under contract and the sale is expected to close by the end of this year. The purchase price wasn’t disclosed.

Minto also recently purchased 85 acres off Old 41 Road near Bernwood Parkway in Bonita Springs for $4.25 million on Aug. 1. The new Bonita Isles will be a gated community with two large lakes and preserves. Prices will start in the $200,000s for single-family homes.

Read the full News-Press article HERE.






Southwest Florida Real Estate & Beyond: Is the housing market recovery “uneven”?

Monday, July 30th, 2012

In a recent article in the Wall Street Journal, real estate analysts used the term “uneven recovery” and said “things aren’t getting better rapidly, but we’re also not in the ‘hold-your-hat’ declines of 2010 or the ‘spring that never materialized’ of 2011.”

Several housing reports have shown home sales are up from last year’s levels, but the most recent June housing numbers revealed a slowdown in several parts of the housing market.  The National Association of REALTORS® reported last week that pending home sales dropped in June by 1.4% compared to May. However, pending home sales are up nearly 10% year-over-year.

NAR also reported that sales of existing homes dropped 5.4% in June from May, yet sales are up 4.5% year-over-year. And last week, the Commerce Department reported that new-home sales dropped 8.4% in June from May, yet new-home sales are still up 15.1% over last year’s levels.

NAR has also said that the drop in sales volumes lately has been mostly due to low inventories of for-sale homes on the market. Inventories dropped 24% from a year ago, which marks the largest drop in some 30 years.

Despite a June drop in home sales, however, home prices are showing a consistent rebound, posting higher month-over-month and year-over-year increases nationwide.

In Southwest Florida, specifically the Naples, Bonita Springs and Estero markets, June 2012 pended sales were comparable to June 2011. Naples posted a slight increase, while Bonita/Estero decreased less than 5%. The decrease in pended sales year-to-date is accounted for by a 12% decline in the segment under $250,000. All other price categories increased over the same period, prior year, with the exception of properties priced above $5 million, which remained the same.

The number of closed sales above $1 million year-to-date is at the highest level since 2007 with 477 closings. The price segment posting the largest increase in closed sales for the first six months of 2012 is the category between $750,000 and $1,000,000, which increased 31% over the same period 2011. The number of sales under $250,000 continued to decrease, dropping 6% from same period 2011.

Inventory in Southwest Florida has also seen continuous declines. The number of new listings placed on the market during the first six months continued to decline, the sixth consecutive year to show a decrease for the period. Available inventory in the Naples, Bonita Springs, Estero market on July 1, 2012 stands at 6,385 units (3,469 condominiums and 2,916 single family homes). This is a 16% decline from July 1, 2011, and represents approximately a seven month supply.

Are you ready to buy or invest in Southwest Florida? Talk to a John R. Wood Agent today!

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

 

 

Source: “Is This What a Housing Bottom Looks Like?” The Wall Street Journal (July 26, 2012)

 






Bonita Springs Real Estate: Discover Bonita Bay in Bonita Springs, Florida

Thursday, July 19th, 2012

Bonita Bay

Bonita Bay, the inaugural flagship community by Bonita Bay Group, is a Bonita Springs luxury community widely recognized for setting the standard for environmentally responsible development. Located in Bonita Springs, Florida, intimate neighborhoods of custom single-family homes, villas, carriage homes and luxury high-rise condominium residences overlook the Gulf, bay, lakes, golf courses or nature preserves. This Bonita Springs luxury community features more than 1,400 acres remain open space, including 230 acres of lakes, expansive natural preserve areas and more than 12 miles of bicycle and walking paths. Four waterfront community parks are designed to accommodate a variety of resident interests and activities.

26351 Woodlyn Drive, Baywoods

Exceptional listing with landscape and preserve views for total privacy. The open floor plan with detailed ceilings, custom finishes, neutral colors, fireplace, marble flooring, granite counters, artistic touches, surround sound, breakfast bar, center island and plantation shutters offer luxury and maximum comfort. A spacious lanai has covered areas with wood ceilings, outdoor kitchen and pool, spa! The great room is open to the kitchen and breakfast area. The Master bedroom wing has large closets and a study with built in office area and sitting area, offering privacy. A second floor level with full bath and huge living space, is presently a bedroom/exercise area but ideal for a Nanny or Mother-in-law suite. The 3-car garage has ample space for the extras. The home has a central vacuum system, security system and has 3 air conditioning zones. Bonita Bay offers golf, tennis, fitness, biking/walking trails, a beach facility, marina and country club. Shopping, dining, etc. are within a short drive!

For more information about this home for Sale in Baywoods at Bonita Bay, click HERE!

Are you ready to buy in Southwest Florida?

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge

 

 

 






Bonita Springs, FL Real Estate – Shadow Wood Country Club at The Brooks Major Renovation

Tuesday, June 12th, 2012

A major renovation project at Shadow Wood Country Club at The Brooks in Bonita Springs, FL will expand interior and al fresco dining areas and gathering spaces, and include remodeling the 30,000-square-foot clubhouse’s popular Grill Room.

Expected to be completed October 1, 2012, the changes include:

  • Enhanced views of the 18th green along the South Course, one of two on-site courses at the Bonita Springs club designed by golf course architect, Bob Cupp.
  • Stained-wood beams, wainscoting and leather furniture will create a more club room-type atmosphere in the adjoining Grill Room, where a new outdoor covered patio will offer a fire pit and overlook the newly redesigned driving range.
  • Gathering spaces for men and women will also be enhanced. The men’s grill will more than double in size — from seating for 24 to 60 — and have additional TVs to create a sports bar atmosphere.
  • The ladies’ locker room, lounge and card room areas will also be enhanced. Improvements include enlarging the card room from 12 to 16 tables, the addition of a golfer’s lounge, and a redesigned bathroom will offer an elegant make-up vanity and private shower suites.

The golf courses will remain open during the driving range and practice area improvements, and Osborn expects Shadow Wood Preserve’s 16,000-square-foot clubhouse to serve year-round members during the renovation at Shadow Wood Country Club. Members also enjoy reciprocal privileges at more than 50 area clubs through October.

A limited number of non-refundable equity Golf, Tennis, Sports, and Social Memberships are available for both residents and nonresidents. Sports Memberships are reserved for members under age 56 and offer unrestricted play on the three courses, summertime reciprocals at area clubs, full use of Shadow Wood’s golf facilities, including practice areas and the Shadow Wood Golf Academy, and social and dining privileges at both clubhouses.

Shadow Wood, located within the Brooks master-planned community, offers memberships to residents in Shadow Wood and Shadow Wood Preserve as well as guests. Members have access to two Cupp golf courses, a nine-court tennis complex and a third golf course designed by Arthur Hills accompanied by a second full-service clubhouse at Shadow Wood Preserve.

Interested in a Southwest Florida golf lifestyle? Contact a John R. Wood Agent today to look at available properties in The Brooks as well as other numerous luxurious golf resort-style communities in Naples, Marco Island, Bonita Springs and Estero, Florida!

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.






Southwest Florida Real Estate – Top 10 Infographic shows SWF is dominating

Wednesday, May 23rd, 2012

Last week, we posted the top 10 turnaround markets in the U.S. However, since seven (7) are in Florida, with four (4) being in Southwest Florida, it bears repeating! And, we wanted to post this excellent infographic courtesy of the KCM blog and move.com, which really just captures the importance of this information as it pertains to the Southwest Florida Real estate market.  This is good stuff!

Are you ready to buy or sell in Southwest Florida?

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.

 






Southwest Florida Real Estate – Motivation for the move is warmer weather, not a job

Tuesday, May 22nd, 2012

Trulia recently issues their Metro Movers Report, which stated that hen people search long-distance for a new home, weather plays as a bigger factor than the job search.  According to the report, most long distance house hunters are looking in markets with higher unemployment and slower job growth than where they currently live.

The report also stated that the top long-distance searches for homes more than 500 miles away are toward the South and West. Unlike short-distance searchers, long-distance searchers are mainly attracted to lower prices and bigger price drops, not just lower density. Long-distance house-hunters are 1.7 times more likely to look for homes in markets with bigger price drops in the bust, relative to where they live now, than in markets that held up better.

Long-distance searchers also factor in weather: people are 1.8 times more likely to look for homes in markets with warmer winters than in markets with colder winters, relative to where they live now.

In Florida, even with a backlog of homes unable to complete the foreclosure process, big price declines mean more people are looking to move to Florida than leave, states the report.
  • Of the top 10 metros where demand among online house hunters is strongest, 7 are located in the Sunshine state.
  • One-third of all the home searches in Miami on Trulia.com originate from people living more than 500 miles away.

We know for sure that many people are looking closely at Southwest Florida for their move, whether it is to retire or just to leave their current market.  Buyers looking at the Naples, Bonita Springs and Estero Markets for home ownership can get the best of both worlds – a second-to-none climate and an improving job market.

To see Trulia’s full report, click HERE.

Are you ready to buy or sell in Southwest Florida?

To search for real estate in Naples, Bonita Springs, Estero or Marco Island, Florida, click HERE.

John R. Wood Realtors – The Symbol of Local Knowledge.