May 14, 2007 Emailing - Naples Real Estate

May 14, 2007

Greetings from Naples, Florida!

Hello everyone. It's been a little while since my last mailing. I have been working with visiting Buyers. Inventory seems to have peaked around late March and has been decreasing since. The BIG question is - Is that it? Will late March 2007 be the highest point inventory-wise or will we be higher in March 2008? One thing that led to this was the additional inventory of new homes and condos purchased to be resold. But that large increase of inventory most likely won't happen again because the cycle is basically over. In other words, the large percentage of those particular properties are completed or listed. Though we may have peaked in that respect, prices should remain under pressure thru the summer. Pushing listing price is certainly still in the cards. Here is an article in this month's Gulfshore Business in which I am quoted. http://www.gulfshorebusiness.com/details.asp?5948. Builder's remain quite motivated as you probably have seen in the news and media. Till the next newsletter, Ray.

________________________________________________________________________

Naples Inventory Report

Date	Active	Pending
Today	11648	777
Last Week	11682	779
Last Month	12119	846
Two Months Ago	12270	793
Three Months Ago	12056	705

________________________________________________________________________

Featured Naples Communities

Click to scroll thru listings

Mainsail at Marco Shores - From $214,000

Perfect Vacation Condos close to Naples and Marco Island

Ascot at Lely Golf Resort - From $335,000

Second Home Condos in Naples' Most Well-Known Golf Course Community

Madison Park - From $434,900

New Single Family Homes Minutes to Fifth Avenue and The Beach

Pelican Bay Condos Below $500,000

The Definition of Naples, Florida

_____________________________________________________

We have a great selection of new/pre-construction

homes and condos from the $200,000's

Make your best deal with motivated builders!

_____________________________________________________

Sample Recent Transaction - Lely Golf Resort

Price Change	$259,900	4/13/2007
Price Change	$279,000	4/6/2007
Price Change	$289,500	3/9/2007
Price Change	$297,500	1/22/2007
New Listing	$324,500	11/13/2006
Expired	$355,900	6/30/2006
Price Change	$355,900	6/22/2006
Price Change	$369,900	3/29/2006
Price Change	$374,900	3/14/2006
New Listing	$377,500	2/27/2006

We recently put this property under Contract for $235,000.

_____________________________________________________

- Builder Closeout -

New Condos

Osprey Cove in Estero - 2 Remain from $178,000

Riverwalk in Fort Myers - 10 remain from $173,000

Summerwind in Fort Myers Gateway - 8 remain from $166,000

_____________________________________________________

Lucaya in Fort Myers

Located on historic McGregor Boulevard at the gateway to Sanibel Island, this Fort Myers jewel captures all of the treasures of Southwest Florida. Within minutes of Southwest Regional International Airport, as well as fine universities, world-class cultural events, renowned fine dining and famed white sand beaches. The community offers garden condominiums, coach and carriage homes. Amenity rich with clubhouse, resort style swimming pool and fitness center, pricing is from the upper $200's.

_______________________________________________________________

PORTICO in Fort Myers

● Portico will encompass nearly 600 acres located in Fort Myers, FL, including 1058 single-family home-sites and 110 Townhomes, four distinct neighborhoods ranging from Villas to Executive Homes

● The Community will feature unique California Style Architecture typified by Spanish Colonial Revival Architecture found in Santa Barbara, California. Uncomplicated forms define the structure while gables, arches, courtyards, and decorative metalwork evoke a rich architectural heritage.

● Portico will be a true Master Planned Community with a Grand Entrance and Attended Guard Gate, Clubhouse, Two Swimming Pools with Two-Story Waterslide, Tennis Courts, Basketball Court, Multi-Purpose Field, Tot Lot, etc., comprising a truly intergenerational feel for the residents with Association fees that are a real value in comparison to other Communities

● Pricing and under air square footage will be as follows:
Villa Homes - 55’ wide home-sites by Taylor Woodrow
($309,900 to $409,900, 1778-2505 square feet)

Single Family Homes - 65’ wide home-sites by Morrison Homes
($470,000 to $530,000, 2578-3198 square feet))

Executive Homes - 75’ wide home-sites by Sterling Collection/Aubuchon Homes ($500,000 plus, 3000-4000 square feet)

● Monthly fees will be approximately $230/month, which includes cable TV, high speed internet, lawn maintenance and full use of the Amenity Center, with its full time Program Director

_____________________________________________________

Builder Needs Buyers!

New Attached Villas and Single Family Homes

"Ready to Move-In"

Attached Villas - 2 from $259,900

Single Family - 3 from $341,000

Email for floorplans and make your best deal!

___________________________________________________________

BONITA VILLAGE in Bonita Springs

Seconds to Bonita Beach

Condos from the $500's

Brochure

Photo

__________________________________________________________

Live every day as if you're on vacation and experience the ultimate Florida lifestyle, presented at its finest at Remington Reserve.

A gated enclave of 48 elegant coach homes, the twelve Mediterranean-inspired buildings are tucked along a private roadway and cul-de-sac.

Amenities include a clubhouse with fitness center, meeting room, heated pool and spa, and an outdoor fireplace and grilling area. All set among Remington Reserve's ideal North Naples location.

________________________________________________________________

A Florida Land Trust is set up and designed solely for the purpose of holding real estate. A land trust can be used for a plethora of reasons, most notable:

Partnership Agreement. A land trust can be used in lieu of a partnership where two or more parties are involved in a transaction. The agreement can spell out and eliminate various pitfalls including a buy out provision when one party wants out.
Anonymonity. Numerous times I have set up and served as a trustee for an undisclosed buyer for reasons often best known to them. They may also not want the seller to know who is submitting the offer.
Probate Avoidance. Many folks, particularly out of state residents, are forced to go through the time, money and expense of probate. This can be easily avoided if the property was titled in a land trust with successor beneficiary designations.
Estate Planning. Often shares can be gifted to children tax free thereby reducing the size of the parents taxable estate. Similarly, foreign investors may reduce the amount subject to taxation by diversifying their interest with the inclusion of other family members.

In short, Florida Land Trusts are neither new or novel. While a party may not claim homestead status using a land trust (similar situation with Limited Liability Companies), often times the benefits far outweigh the modest cost (approximately $400.00 to $500.00) to set up.

The Law Office of Ron Webster handles real estate closing throughout Collier as well as Lee county. Should you ever have a legal or tax question pertaining to a potential closing, please don't hesitate to e-mail me or contact me with your questions.

http://www.ronwebster.com/

______________________________________________________________________

Selling?

(video)

______________________________________________________________________

Hi Ray, First I want to follow-up and say that your Amerivest Realty team has exceeded my expectations that you set for my wife Beth and I in April/May of this year. Your initial advice and direction based on your experience was greatly appreciated and allowed my wife and I to achieve our objective of finding a place in Naples, FL. You stated that your specialty was dealing with potential buyers such as my wife and myself living out of state and wanting to purchase real estate in the Naples Florida area. Finally, you stated that your team's job was to build our trust to a point that my wife and I would be comfortable in allowing your team to provide us direction in finding a place and selecting a home in Naples, FL regardless of that fact that we live in Minnesota.
Bruce and Beth Tepfer, Lakeville, MN

_______________________________________________________________

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

Amerivest Realty

10001 Tamiami Trail North

Naples, FL. 34108

239-825-0846

www.raysnow.com

______________________________________________________

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.

____________________________________________________

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.