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The John R. Wood Realtors’ February/March digital issue of Homelook is now available!
Click HERE to view the digital issue!
Posts Tagged ‘Bonita Springs real estate sales’
Real Estate – The Alternative to Buying a Home
Thursday, February 9th, 2012The Alternative to Buying
If a family continues to rent, they are looking at a housing expense which will rise with the market. Rental costs increase by 3% a year historically. But today’s rental market favors the landlord to a greater degree. Below is a graph of how rental prices have increased recently and where they are projected to go over the next few years based on a report from Marcus & Millichap.
Hoping to save by delaying the purchase of a home may result in higher housing costs while you’re waiting, thus achieving the exact opposite result.
Check with a John R. Wood Agent to determine the best option for you and your lifestyle!
To find homes for sale in beautiful Southwest Florida, click HERE!
To learn more about Naples, Estero, Bonita Springs and Marco Island, click HERE!
Florida Real Estate – More Housing Markets Are Improving
Wednesday, February 8th, 2012
According to a report from the Daily Real Estate News, the list of housing markets showing signs of improvement in home prices and overall market conditions in February has grown to nearly 100 cities, according to the National Association of Home Builders/First American Improving Markets Index.
The index shows metro areas that have shown improvement in home prices, housing permits, and employment for at least six straight months.
In the latest index, some markets that were particularly hard-hit during the housing market crash — such as Miami and Detroit — were added to this month’s list. Such cities are seeing a turnaround in their sluggish housing markets, possibly already hitting bottom.
“Despite the many challenges that continue to drag on the housing recovery — including the tight lending environment for builders and buyers — improving conditions are slowly but surely spreading from one housing market to the next,” Bob Nielsen, NAHB chairman, said in a statement.
The 29 metro areas added to the list this month are:
- Napa, Calif.
- Deltona, Fla.
- Miami, Fla.
- North Port, Fla.
- Tampa, Fla.
- Augusta, Ga.
- Shreveport, La.
- Springfield, Mass.
- Cumberland, Md.
- Lewiston, Maine
- Boston, Mass.
- Detroit, Mich.
- Duluth, Minn.
- Rochester, Minn.
- Jefferson City, Mo.
- Kansas City, Mo.
- Hattiesburg, Miss.
- Omaha, Neb.
- Ocean City, N.J.
- Syracuse, N.Y.
- Springfield, Ohio
- Youngstown, Ohio
- Portland, Ore.
- Longview, Texas
- Memphis, Tenn.
- Provo, Utah
- Salt Lake City, Utah
- Bellingham, Wash.
- Kennewick, Wash.
While nearly 30 markets were added to the February index, seven markets dropped off the list this month as home prices started to soften. The metro areas dropped from this month’s index are: San Jose, Calif.; Washington, D.C.; Kankakee, Ill.; New Orleans; Worcester, Mass.; Jackson, Miss.; and Sherman, Texas.
To find homes for sale in beautiful Southwest Florida, click HERE!
To learn more about Naples, Estero, Bonita Springs and Marco Island, click HERE!
Naples, Florida Real Estate – Will the Real Estate Market Heat Up This Spring?
Tuesday, February 7th, 2012
The spring season usually brings an increase in buying and selling to the Southwest Florida real estate market. Nationally speaking, housing experts are mostly optimistic that this spring will be even better than recent years.
According to the National Association of REALTORS® (NAR), some signs are already there: Housing inventories are declining, housing affordability is at record highs, mortgage rates are at all-time lows, and the job market is improving.
In Southwest Florida, home sales have been edging up in recent months, and available inventories as of January 1, 2012 in the combined Naples, Bonita Springs, Estero market was 7,896 units (4,264 condominiums and 3,632 single family homes). This represents a 23% decrease from January 1, 2011.
Nationally, nearly 2.4 million units were available in December 2011, reaching its lowest point since 2005, according to National Association of REALTORS® data.
NAR’s Chief Economist Lawrence Yun says home prices are beginning to stabilize in many markets. Also, NAR’s Housing Affordability Index is at its highest level since the 1970s, which indicates that for the average family housing is very affordable.
The National Association of Home Builders is also predicting an improvement this spring among the new-home sector. NAHB is predicting that home sales will increase 18 percent this year, that’s after facing their lowest on record in 2011.
There is no better time to buy a luxury home right here in Marco Island, Naples, Bonita Springs or Estero, Florida.
To find homes for sale in Marco Island, Naples, Bonita Springs or Estero, click HERE!
Naples Florida Real Estate – Homelook Weekly now available!
Friday, February 3rd, 2012
Click HERE to read our latest issue of Homelook Weekly!
To search for homes for sale in Naples, Bonita Springs and Estero, Florida, click HERE!
Naples, Florida Real Estate – More Wisconsinites head to Southwest Florida
Wednesday, February 1st, 2012
Some interesting facts about the Dairy State…it turns out between 2006 and 2010 nearly 45,000 people left Wisconsin for Florida or Arizona, according to a report issued Tuesday by the Wisconsin Taxpayers Alliance. Higher-income retirees headed to Florida, and Wisconsin lost more of those with higher incomes than it gained.
The report showed that of the 27,826 people who moved to Florida, family income averaged $81,744.
The report zeroed in on 1,300 Wisconsinites with an average family income of $138,713 who moved to the Fort Myers, Fla., area. Another 568 people with an average family income of $274,614 moved to the Naples, Fla., area.
Hey, Wisconsinites! If you’re searching for your new home in Naples, Bonita Springs or Estero, Florida, look no further! John R. Wood Realtors is here to help!
Click HERE to search for homes for sale in Southwest Florida: Naples, Bonita Springs, and Estero!
Source: Milwaukee Journal Sentinel
Naples, Florida Real Estate – Now is a good time to buy for…well, everyone!
Thursday, January 26th, 2012
According to the Research Institute for Housing America, all age groups think that now is a good time to buy. Positive home buying sentiment is measured by the % of households who agree that now is a good time to buy. See the chart to the left…
Is now a good time for you to buy in Southwest Florida? You bet it is!
To search for homes for sale in Naples, Bonita Springs or Estero, FL, click HERE!
The John R. Wood Realtors’ 2011 Year-End Market Report is here!
Wednesday, January 25th, 2012The John R. Wood Realtors’ 2011 year-end market report is now available for your review! Get a comprehensive review of the 2011 Naples, Bonita Springs and Estero real estate markets. In summary, the number of closed sales in 2011 increased 5% over 2010, making it the fourth consecutive year to show an increase and confirming that the market recovery is well underway. Properties priced below $250,000 comprised 62% of the total market, a percentage that has remained consistent since 2009. Properties priced above $1,000,000 reached its highest level since 2007, with 706 closings, up 42% from the 2009 low with 498 closed sales.
Click on the image below for the full Report!
To search for homes for sale in Naples, Bonita Springs and Estero, Florida, click HERE!
Southwest Florida Real Estate – John R. Wood Realtors’ December 2011 Market Reports are here!
Monday, January 23rd, 2012
The John R. Wood Realtors’ December 2011 Market Reports are here! Our market reports cover Naples, Estero and Bonita Springs, Florida. As you’ll see from the reports, 2011 was a good year for Southwest Florida real estate! The number of closed sales increased in all price segments with the exception of those properties above $5 million, which remained stable.
To see the full reports, click on the links below! Don’t forget to look at our December 2011 Neighborhood Snapshot reports as well!
Neighborhood Snapshot December 2011
The John R. Wood Realtors’ marketing research department brings Southwest Florida the most up-to-date research and real estate statistics available! Be sure to visit our site to see all of our archived market reports!
