TROPICS REAL ESTATE, early Dec 2012
NAPLES AREA REAL ESTATE UPDATE:
Well December is upon us and so now begins my new Naples Real Estate newsletter which also incorporates Marco Island, Bonita Springs and Estero. Incidentally let it be noted that the weather has been beautiful this week with highs in the 80s, though there have been sporadic thundershowers.
A few days ago I received an advance copy of Where To Retire magazine and the article for which I took some photos entitled "8 Hot Top Towns to Snap Up Bargains Now" focuses on Estero and Bonita Springs, sister communities to Naples in neighboring Lee County. (Naples is in Collier County.) Make sure to check that out. In fact, our area made the cover.
Speaking of "bundled golf," which we weren't speaking about, but oh well, I was thinking "bundled golf", those of you who have worked with me in the past know I consider the Brookside floor plan in Cedar Hammock to be a great unit. Great for rental, easy to move around in. As mentioned above these had topped out at over $400,000. And now I've been selling a bunch of the same floor plan called the Bellini in a sister community of Treviso Bay. In fact I had seven closings in the new buildings the last week of November. And two of my customers bought two each and already have rentals in them! We're talking TPC golf course thrown in, granite, stainless steel, diagonal tile, hurricane impact glass, etc. Crazy good deal at $200,000, plus or minus with unbelievable resort amenities and just ten minutes or so to downtown and the beaches. Total carrying costs including property taxes minus mortgage easily covered by rent. And expected to appreciate dramatically in the next year or two!!!
Also, lately I've been getting quite a few inquiries on Olde Naples under a million. Here is the list:
http://www.sunshinemls.com/search/emailToResults.asp?eid=6599660
Keep in mind that inventory has dropped dramatically. In some neighborhoods that had ten years of inventory two years ago, there is now barely more than ONE year.
Showing beach condos in a little bit to some really nice folks from Canada. I meet so many Canadians these days! : ) And they do love Naples!
NAPLES IN THE NEWS.
The following article that just came out indicates our median is up 20% over a year ago. If it doesn't show up as a link, cut and paste it into your browser:
http://www.naplesnews.com/news/2012/nov/16/nabor-october-home-condo-price-collier-real-estate/
This one from a few months ago indicates we are one of the top 10 turn-around towns in America
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If you have any specific questions please don't hesitate to ask. I could go on and on with this newsletter, but I am told that emails should be fairly brief to keep your attention span! : ) Okay maybe this was not brief, but I'm doin' my best.
My next update will include information on foreclosures and short sales.
PLEASE FEEL FREE TO SHARE THIS NEWSLETTER with your friends and relatives. Even your Frenemies! And if you know someone who wants to subscribe please send me their name and email address.
Hope to see or hear from you soon!
Marlene Graham
Tropics Real Estate
The Marlene Graham Team
539 5th Avenue South
Naples, FL 34102
www.NaplesHomeFinders.com
www.NaplesTouristCenter.com
(239) 821-9046
THE NAPLES TEAM:
Marlene Graham marlenegraham@earthlink.net 239-821-9046
Courtney Smith courtsellsnaples@gmail.com 239-580-8156
Paul Smith writepaulsmith@gmail.com 239-777-7666
Dwyn Dion dwyndion@earthlink.net 239-595-3491
Carol Greenwood ctgreenwood@earthlink.net 239-776-2495
For fun check out:
http://www.MostInterestingWomaninTheWorld.com