February 26, 2007

 

Greetings from Naples, Florida!

 

Hello everyone. It has been about a month since the last newsletter. The Team and I have been a little busy with visiting Clients. As you can see below, activity has increased, as it normally does during season. I am watching inventory levels very closely as the number of listings has somewhat slowed, also as it should for this time of year. At some point, as the number of new homes purchased by investors in 2005 and 2006 to resell come to close, I would expect inventory to start to stabilize. However, even at that point, I believe prices will still be under pressure. I am personally looking to purchase a single family myself as I sold all my investment homes and my primary residence last spring. I'll be sure to let you know when I pull the trigger.

 

Builders have become much more flexible in the last month or two with their inventory and pre-construction units. Incentives can be quite enticing. I spoke to a major Builder today who said "no prices, just bring us offers". This is not to mention, lower builder-affiliated lender interest rates, closing cost incentives, elimination of substantial lot premiums, and HOA or Condo dues paid for a year or two. Builders are motivated and it is getting around. One of my recent Client's only wanted to see new units from Builder's because of the "word about incentives" becoming known. One Builder, for example has bundled golf terrace condos in the $270k range. Less than a year ago - $350k.

 

If you plan on visiting to look around or to pursue purchasing before May 1, please give us at least a week's notice so we can fit you in. Thanks. Ray.

 

 

Naples Inventory Report

 

Date

Active

Pending

 Today

12213

775

 Last Week

12063

713

 Last Month

11956

609

 Two Months Ago

11056

576

 Three Months Ago

10750

662

 

 

Featured Naples Communities - "Investor Flips"

 

Click to scroll thru listings

 

Madison Park from $379,000 - Single Family and Coach in Naples

http://www.sunshinemls.com:8081/search/residential_searchresults_report_clientreport.asp?eid=2168342

 

Prestwick Place from $525,000 - Single Family in Naples

http://www.sunshinemls.com:8081/search/residential_searchresults_report_clientreport.asp?eid=2168344

 

Lemuria from $519,000 - Coach in Naples

http://www.sunshinemls.com:8081/search/residential_searchresults_report_clientreport.asp?eid=2168347

 

Paloma from $357,000 - Coach in Bonita Springs

http://www.sunshinemls.com:8081/search/residential_searchresults_report_clientreport.asp?eid=2168348

 

Mandalay from $269,000 - Attached Villa in Naples

http://www.sunshinemls.com:8081/search/residential_searchresults_report_clientreport.asp?eid=2168351

 

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Alden Woods

Alden Woods is a brand new neighborhood of 116 luxury coach homes. There are two unique floor plans that range from 1,657 to 2,040 square feet under air. The residences feature upgraded interior appointments, interesting architectural details and lake and preserve views.

The Montego and the Osprey are the two innovative floor plans available in Alden Woods.

 

New Construction from the low $400's

 

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Caldecott

Caldecott is a neighborhood of 63 luxury single-family homes. There are five unique floor plans that range in size from 1,649 to 2,394 square feet of air-conditioned living space. The homes feature the finest interior appointments and wonderful views of the lush surroundings. Five floor plans to choose from.

 

 New Construction from the $500's

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Builder Closeout! Bonita Springs Golf Coach Homes

Condo fees paid for a year after your best deal!

1

From the high $300's

 

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Naples newest bundled golf community featuring 27 holes. Offers a variety of new homes including Terrace, Veranda, and Coach Condominiums as well as Single Family Homes.

 

 

New Golf Condos and Single Family Homes from the high $200,000's.

 

Motivated Major National Builder.

 

Golf membership included with purchase.

 

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New attached villas, town homes, and single family homes

in your choice of Bonita Springs or Naples.

 

Located just minutes from world-class shopping, fabulous restaurants, and a beautiful coastline. White sugar sand beaches and year-round outdoor living provide the perfect setting for boating, swimming, fishing, golfing, tennis, and biking.

 Both communities feature an attractive 24-hour guardhouse entry and lakefront Town Center complete with:

 

 

Click PLAY for Naples Movie!

 

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As they say: "things happen for a reason", and I was lucky enough to stumble across Ray's website before a two-day trip to Naples for a job interview. His extremely fast responses to my e-mails and phone calls prompted me to cancel appointments with other realtors who paled with their professionalism compared to Ray's. Once in Naples, his extensive knowledge of the area and the real estate market, as well as him having prepared for properties that fit our criteria made it easy to decide on one. Back in New York, Ray was the greatest assistance between the bank, seller, title company, and the reason for making this home-buying experience a very smooth one. He certainly went above and beyond to ensure everything was all right, and even assisted me in finding a rental until the closing. We can only but recommend Ray to anyone looking to buy a property. His passion and commitment will undoubtedly make it much easier to find the home of your dreams. Thanks again, Ray.
Nadine and Jaime Berguido, Brooklyn, NY

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Raymond W. Snow, Jr., P.A., Realtor

Amerivest Realty

10001 Tamiami Trail North

Naples, FL. 34108

239-825-0846

www.raysnow.com

 

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A Buyer's Agent, also known as a Buyer's Broker, owes the client specific responsibilities and fiduciary duties that are required by Florida law. These duties are above and beyond a "neutral" transaction real estate agent. Only a Buyer's Agent is bound by law to represent your best interests, provide you as much information as possible, and negotiate on your behalf. There is usually never a fee charged to the Buyer when being represented by a Buyer’s Agent. The Buyer Agent’s compensation is distributed from the Seller’s side of the transaction.

"The Seller will be represented... will you?"

 Please reply REMOVE to be removed from future mailings.

 

Prices and availability subject to change.

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The materials and content contained within this mailing/webpage may not be reproduced without the express written consent of Raymond W. Snow, Jr. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The owners of this webpage will report any copyright infringement to the Internet Fraud Complaint Center and the Federal Bureau of Investigation. The owners are prepared to file a lawsuit to protect its rights and business. We will, in accordance with applicable law, have our attorney file legal action, if necessary, in United States District Court, 11th District, Middle District of Florida located in Fort Myers. 

Copyright © 2007 Raymond W. Snow, Jr., P.A. - All rights reserved.