Posts Tagged ‘Naples real estate’

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Naples Real Estate and More: Things to Do This Weekend April 27-28

Friday, April 26th, 2013

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

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TGIF! It’s time to make your weekend plans! Visit Open Houses on Sunday; get the John R. Wood Realtors’ Open House insert in this Sunday’s Naples Daily News and plan the rest of your weekend with the top 5 things to do in Southwest Florida, courtesy of Gulf Shore Life!

  1. Laugh out loud at Educating Rita, Florida Rep’s take on the wildly funny comedy about a hairdresser and the college professor she meets when she enrolls at a local university. Through May 5 at the Arcade Theatre in Fort Myers. www.floridarep.org
  2. Southwest Florida’s longest running film festival, the Fort Myers Beach Film Festival, kicks off its seventh year today through Sunday at the Beach Theater. Catch independent films from around the world, with a healthy helping of local work. www.fmbfilmfest.com
  3. The name might have changed but the programming is still what you expect; head to Artis—Naples tonight for the final All that Jazz performances of the year, featuring the Naples Philharmonic Jazz Orchestra playing the music of Jerome Kern. www.thephil.org
  4. Kick off the ArtsNaples World Festival a bit early with a look at the Latin America art exhibit opening Friday at The von Liebig Art Center. See pieces from the collection at the Patty & Jay Baker Naples Museum of Art, plus works from renowned local artists. www.naplesart.org
  5. One of Naples’ longest-running traditions is back as the Taste of Collier celebrates its 30th year of thanking locals for eating at area restaurants. So, head to Bayfront from noon to 4 p.m. on Sunday to sample food from more than 30 of Collier’s finest eateries. www.tasteofcollier.org

To find out more out Open Houses happening in Southwest Florida, contact a John R. Wood Realtors’ Agent today!

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

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Naples FL Real Estate and More: 2013 Humanitarian of the Year, John R. Wood, now on You Tube!

Monday, April 8th, 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.

Don’t forget to find us on Facebook.

Back in February, our very own, John R. Wood was named the 2013 Humanitarian of the Year by Hodges University at a luncheon in his honor at the Naples Beach Hotel.

The video of Mr. Wood accepting this honor has now been posted to You Tube on the John R. Wood Realtors’ channel.

To see this great video, click HERE!

 

Naples,Bonita Springs, marco Island, Estero FL Real Estate

Naples,Bonita Springs, marco Island, Estero FL Real Estate

 

Want to know more about the Southwest Florida real estate market? Find a John R. Wood Agent now!

 

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Naples FL Real Estate: NABOR Says Lower Inventory May Impact Housing Market

Tuesday, March 19th, 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.

Don’t forget to find us on Facebook.

As reported on March 15th by the Naples Area Board of REALTORS® (NABOR®), the Naples Area housing market remains strong with increases in overall pending sales, overall closed sales, and overall median closed price for the 12-months ending February 2013. In addition, inventory decreased by 13 percent.  This report tracks home listings and sales within Collier County (excluding Marco Island).

Local real estate experts note that sales may slow due to the low level of inventory.

“Changes in inventory at some point may become an issue,” stated Dr. Shelton Weeks, Department Chair of Economics & Finance at FGCU. “Continued declines in inventory will produce some upward pressure on prices.  However, as prices rise we should expect builders to bring more new units to the market which may slow the advance in prices.”

John R. Wood CEO, Phil Wood also stated:

“The market has consistently improved since 2008 and is now very healthy.  However, we would not be surprised to see sales slow a little over the next six months due to a lack of inventory,” stated Phil Wood, President & CEO of John R. Wood Realtors.

The NABOR® February report provides annual comparisons of single-family home and condominium sales (via the SunshineMLS), price ranges, and geographic segmentation and includes an Overall Market summary. Specifics include:

  • The overall median closed price increased 17 percent from $180,000 at the end of February 2012 to $211,000 for the 12-month period ending February 2013.
  • Overall pending sales increased 5 percent from 10,160 units to 10,629 units for the 12-month period ending February 2013. Overall pending sales increased 20 percent in the $300,000 to $500,000 category from 1,397 units to 1,677 units; 17 percent in the $500,000 to $1 million category, from 1,023 units to 1,193 units; increased 26 percent in the $1 million to $2 million category, from 422 units to 532 units; and increased 23 percent in the $2 million plus category, from 257 units to 315 units, respectively for the 12-month period ending February 2013.
  • The average DOM (Days on the Market) increased overall from 162 days in February 2012 to 168 days in February 2013.
  • Inventory decreased 13 percent from 7,888 units in February 2012 to 6,843 units in February 2013.
  • Overall pending sales in the Naples coastal area increased 15 percent from 1,839 units to 2,119 units, and closed sales increased 16 percent, from 1,650 units to 1,906 units, for the 12-month period ending February 2013.

To view the entire report, visit www.NaplesArea.com

Naples,Bonita Springs, Estero FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

Source : NABOR®

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Southwest FL Real Estate and Beyond: U.S. Housing Prices Shows Gains Almost Everywhere

Wednesday, February 20th, 2013

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

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The latest report from ProTeck Valuation Services of Waltham, MA show that housing prices were up almost everywhere across the country in 2012, including Fort Myers, FL.

Of the 134 core-based statistical areas (CBSAs) that reported 500 or more sales last year, 123 saw gains, according to year-over-year data collected as of Dec. 31 by ProTeck Valuation Services. CBSAs are defined as “micropolitan” areas of at least 10,000 people who are tied to an urban center by commuting.

Some increases were exceptional, such as the nearly 35% jump in the price per square foot in the Phoenix CBSA and 25% each in San Jose and Fort Myers, FL. Others were minuscule, such as the 0.23% increase in Salem, Ore., or the 0.26% gain in Nassau County, N.Y.

Overall, the national median price per square foot rose from $81.08 in 2011 to $86.42 last year, according to ProTeck, which takes its numbers at least daily from about 850 multiple listing services.

To see the full report, visit the ProTech Valuation Sevices website.

Naples,Bonita Springs, Estero FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

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Naples, FL Real Estate: Join John R. Wood On-site agents at the Model Home Grand Opening at Andalucia

Thursday, February 7th, 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.

Don’t forget to find us on Facebook.

 

Join John R. Wood On-site agents at the Model Home Grand Opening at Andalucia, a Front Door Community! Open to the public!

Andalucia_Logo

 

 

 

Tour the model homes, enjoy refreshments, and enter to win a new iPad!

Saturday, February 9th, 2013

9:30AM – 5:30PM

1332 Andalucia way

Naples, FL 34105

(239) 304-8314

Click HERE for event flyer!

Visit Andalucia on Facebook!

AndaluciaNaples.com

 

Andalucia_NaplesDailyNews_02_LoRes

 

 

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Naples, FL Real Estate and Beyond: Will the Housing Market Save the Job Market?

Tuesday, February 5th, 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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A a stronger real estate market can lead to a stronger job market. This is what the experts are saying according to an article excerpt on Realtor.com, strength in the real estate sector tends to lead to increased hiring in various housing-related industries, from carpenters and landscapers to real estate agents, loan processors, appliance manufacturers, furniture makers, and more.

When it comes to job creation, “the most promising news is related to the housing market,” says John Challenger, CEO of employment consulting firm Challenger, Gray & Christmas.

The construction sector for housing added 28,000 jobs in January alone.

“Since reaching a low in January 2011, construction employment has grown by 296,000, with one-third of the gain occurring in the last four months,” according to the Bureau of Labor Statistics.

The National Association of Home Builders says that for every home start, three new jobs are added in industries such as lumber, concrete, lighting fixtures, and lending.  If the housing market rebounds to its historical average, the economy could generate 2.9 million direct jobs from it, according to the Bipartisan Policy Center, a Washington think tank.

Building permits have increased in the Southwest Florida market as well. According to a recent Naples Daily News article, in unincorporated Collier, which doesn’t include the cities of Naples and Marco Island, contractors pulled 1,243 single-family permits in 2012, up more than 35 percent from 913 in 2011. Permits for multifamily homes, which includes condos and townhouses, rose only slightly over the year with 51 pulled in 2012, up from 41 in 2011.

 

For more information, contact a John R. Wood Agent today!

Naples,Bonita Springs, Estero FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

 

Source: “Jobs Still Lag, But Homebuilding May Soon Help,” NPR (Feb. 1, 2013), Naples Daily News.

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Naples FL Real Estate and Beyond: Home Buyers Today Rely on the Internet As One of their Primary Research Sources

Tuesday, January 15th, 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.

Don’t forget to Find Us on Facebook.

Recently, a collaborative study between Google and the National Association of REALTORS® (NAR) looked at the digital usage of today’s home buyer. The study found that buyers are relying on the Internet more than ever for real estate information.

“Nine in 10 home buyers today rely on the internet as one of their primary research sources, and 52 percent turn to the web as their first step.”

While this is probably no surprise to anyone, what is interesting are the statistics included in the study.  These stats, a compilation courtesy of the KCMBlog.com, were revealed in the study…

5 Top new home buyer activities on mobile devices

1.         51% – Read general home information
2.         48% – Get directions in order to visit a home
3.         44% – Compare prices
4.         35% – Compare features
5.         35% – Search a listing company’s inventory

Places where new home buyers use their mobile devices

  • 77% – At home
  • 31% – At work
  •  28% – While waiting in line
  •  27% – At a restaurant
  • 26% – At someone else’s home

Days of research before the new home shoppers take action on a site

  • 40% – 120 days
  • 17% – 60 days
  • 7% – 30 days
  • 4% – 3 weeks
  • 3% – 2 weeks
  • 5% – 1 week
  • 24% – same day

% of age groups who registered to buy/sell a home on a website

  • 8% of 18-24 year olds
  • 31% of 25-34 year olds
  •  21% of 35-44 year olds
  • 19% of 45-54 year olds
  • 14% of 55-64 year olds

Used the Internet to search for a home by category

  • 47% – First time buyers
  • 75% – Senior buyers
  • 93% – Vacation Home buyers

Today’s real estate purchaser is going online to perform extensive research first, so you’ll want to be sure your real estate agent is an online expert.

“In today’s complex, rapidly changing, and digitally driven media environment, capturing a home shopper’s attention in order to build a real estate business and personal REALTOR® brand is tougher than ever.”

Once your research is done, call upon a John R. Wood Agent to assist you in confirming your research and in finding the perfect home or selling your Southwest Florida property!

Click HERE to find a John R. Wood Agent!

John R. Wood Realtors Naples Florida

John R. Wood Realtors Naples Florida

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Southwest Florida Real Estate News: Four Major Realtor organizations Launch MLS Sharing Initiative

Thursday, January 10th, 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.

Don’t forget to Find Us on Facebook.

Four major Realtor organizations in Southwest Florida, which include the Bonita Springs-Estero Association of Realtors, the Cape Coral Association of Realtors, the Naples Area Board of Realtors and the Realtor Association of Greater Fort Myers and the Beach, are launching a multiple listing service data sharing initiative using CoreLogic’s MLS Data Co-op.

The MLS Data Co-op will provide a data sharing environment that gives Realtor members easy access to listing and property data from neighboring markets and the tools to leverage that information for the benefit of their customers.

MLS Data Co-op fields continue to grow, up from 200 to more than 600, and include many fields key to the Southwest Florida real estate market.  The MLS Data Co-op provides a quick and efficient data sharing solution that is directly accessible from the current MLS system. The organizations selected MLS Data Co-op because it has both the functionality and the rich data set needed

The co-op also offers members access to valuable CoreLogic property information and reports like RealAVMTM, an automated valuation model enhanced with our own MLS data. Members can access the MLS Data Co-op from virtually any computing platform they want, including popular devices like the iPad.

Click HERE to read the full story as released by HousingWire.

For more information about the Southwest Florida real estate market, please contact a John R. Wood Realtor today!

Naples,Bonita Springs, Estero FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

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Naples Real Estate and beyond: 2013 Housing Predictions

Wednesday, January 9th, 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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Just this past Friday, Frank Nothaft, chief economist for mortgage giant, talked at the American Economic Association annual meeting.  He gave some of his predictions for housing in 2013.

Here are some excerpts of his predictions:

On housing activity:

It began to turn around in 2012 and will continue to pick up in 2013. Housing starts nationwide were up 25 percent in 2012 from 2011. Home sales were up about 9 percent during that same time frame. Housing starts this year may rise an additional 20 percent to 25 percent and home sales may rise another 8 percent to 10 percent. Southern California also will see pickup in home prices and sales.

On mortgage rates:

Mortgage rates are going to stay at a very low level, mainly due to the Federal Reserve’s decision to continue buying up large quantities of mortgage-backed securities. That pushes up the price of those securities, which reduces the yield and drives the very-low interest rates. The 30-year fixed conforming loan rate is expected to remain below 4 percent.

On distressed levels:

Foreclosures remain at relatively high levels but the nation’s so-called “shadow inventory” has come down appreciably during the past two, three years. Still, there are about 3 million homes in the nation that are seriously delinquent on their mortgages. But again, that’s fallen appreciably, dropping by 1.5 million. We should also expect the bank-owned home supply to be limited over the course of 2013.

On the progress of the recovery:

“The Fed recognized that the housing market has been the laggard (among the economic sectors.) And that’s why they introduced Operation Twist and the third round of quantitative easing in order to push mortgage rates to these record-low levels. And in order to really stimulate housing activity. Indeed, I think they have been successful in what we’ve seen in the past year,” he said.

Click HERE for the full article!

For more information about the Naples, Bonita Springs and Estero real estate markets, please contact a John R. Wood Realtor today!

Naples,Bonita Springs, Estero FL Real Estate

Naples,Bonita Springs, Estero FL Real Estate

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Naples, FL Real Estate: Overall median closed price increased 14 percent for the 12-month period ending November 2012

Tuesday, December 18th, 2012

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

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The Naples Area Board of Realtors (NABOR) just released their November 2012 reports just last Friday, December 14th. The highlights of the report include:

  • The overall median closed price increased 14 percent from $175,000 at the end of November 2011 to $200,000 for the 12-month period ending November 2012.
  • Overall pending sales increased 6 percent from 10,057 units to 10,667 units for the 12-month period ending November 2012. Overall pending sales increased 20 percent in the $500,000 to $1 million category, from 960 units to 1,153 units, and increased 11 percent in the $1 million to $2 million category, from 429 units to 478 units, for the 12-month period ending November 2012.
  • Pending sales increased 100 percent in the $2 million plus category from 16 units in November 2011 to 32 units in November 2012.
  • Overall inventory decreased by 15 percent, from 7,625 listed properties in November 2011 to 6,518 in November 2012. Pending sales with contingent contracts are included in the overall inventory number.
  • The average DOM (Days on the Market) increased overall from 168 days in November 2011 to 181 days in November 2012.
  • Overall pending sales in the Naples coastal area increased 14 percent from 1,801 units to 2,045 units, and closed sales increased 10 percent, from 1,640 units to 1,804 units, for the 12-month period ending November 2012

To review the full report, click HERE.

For more information about the Naples market and specific neighborhoods, please visit the John R. Wood Realtors market data website page HERE.

John R. Wood Realtors Naples Florida

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