September market posted more good news as pended sales units soared to an all-time high!. The over $1,000,000 price segment showed gains in pended sales (over prior year) for the second consecutive month.. As most news sources now promote our area as one of the most undervalued markets in the nation,. we are experiencing increased buyer interest and activity.. All of this bodes well for an active season in which it is likely that inventories in some areas will return to historically normal, or below normal levels.. Price remains the driving force in the current market, so it is important that sellers adjust prices to take advantage of the many qualified buyers who are looking at Southwest Florida.

See September Report:

http://www.myjrw.com/documents/Miscellaneous/SEPTEMBER2009NA-BN-ESLISTEDPENDEDCLOSEDYTD.pdf

Posted by: Linda Loomis, Realtor
John R. Wood Realtors
Naples FL
For extensive information on Naples Florida, visit www.4NaplesRealEstate.com

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and click "older entries."

As a CIPS (Certified International Property Specialist), I am qualified to assist you with transactions on an international level. If you wish to explore this possibility and view new developments in the Caribbean and Central America, please click the balloons below. In addition, I can help you with resale and new properties almost anywhere in the world. 

Posted by: Linda Loomis, Realtor
John R. Wood Realtors
Naples FL
www.4NaplesRealEstate.com

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The market continued to gain momentum in the second quarter, posting a 27% increase in closed units over second quarter 2008.

CLOSINGS AND INVENTORY

Closed sales reached their highest quarterly level since 2005, with a 48% increase over first quarter 2009, and a 27% increase over second quarter 2008. The increase over first quarter is the highest in 10 years, and substantially above the average historical change from first to second quarter. Properties priced below $250,000 continue to represent 63% of all second quarter closed sales. However, for the first time since the onset of the market correction, available inventory in this segment appears to be stabilizing.  At the end of first quarter 2009, the category was showing a 26% increase in inventory over Q1 2008. By the end of the second quarter, this had dropped to a 4% decrease over same period 2008, A decrease in inventory in this segment is very positive, and once sustained, will benefit the market at large.

To view Second Quarter 2009 Market Report, click:

http://www.myjrw.com/documents/Forms/MarketReport20092ndQTR.pdf

For extensive information on Naples Florida, visit www.4NaplesRealEstate.com

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and click "older entries."


Posted by: Linda Loomis, Realtor
John R. Wood Realtors
Naples FL

CLOSED SALES FOR JUNE:

• Average sales price in June is the lowest in the 10 year period for which we have data (2000 – 2009).
• June closed sales units are up 35% over June 2008.
• Closed sales units year-to-date June are up 26% over year-to-date June 2008.
• Median sales price is down 42% from June 2008 and remains has remained constant at approximately the same level since January.

PENDED SALES FOR JUNE:

• Pended sales units for June are up 80% over June 2008.
• Pended sales units year-to-date June are up 70% over the same period last year.
• The price segment below $250,000 continues to dominate with 66% of pended sales through June falling into this category.
• June pended sales are the highest for the month during the 10 year data period (2000 – 2009).

NEW LISTINGS FOR JUNE:

• New listings taken in June are down 5% from June 2008.  Active listing inventory on July 1, 2009 for the combined Naples/Bonita Springs/Estero market area stands at 11,394 (5844 condominiums and 5550 single family homes).  This represents a 17% decrease in condo inventory and a 15% drop in single family housing inventory when compared with June 2008.

See the complete report:
http://www.myjrw.com/documents/Forms/MarketReportJune2009.pdf

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and
click "older entries."

For extensive information on Naples, visit: www.4NaplesRealEstate.com

Posted by Linda Loomis, Realtor
John R. Wood Realtors
Naples FL

Yesterday I viewed the most unique property I have ever seen. Nestled on 2.5 acres and located within a short distance of downtown Naples is a lush, hidden paradise, lovingly conceived by a father and son who labored almost three years to make their vision a reality.

As artists who start with a blank canvas, they designed a perfect composition of natural elements. With native plants, trees, rocks and pebbles, they fashioned breathtaking tropical gardens and cool brooks that invite the visitor to wander on the paths and discover dramatic scenes at every turn.  Along the way, one is tempted to stop and sit for a while to contemplate the serene beauty of the peaceful surroundings. The flora and fauna represent literally hundreds of indigenous species.

Utilizing stone, slate and wood that harmonize perfectly with the grounds, the team built a home unlike any other in Naples. Their skill as master wood craftsmen is evidenced throughout and creates a cozy, warm ambiance.

If you are looking for a truly special secluded retreat where you can be close to all that Naples has to offer, and yet escape to your own private sanctuary, this property is a gem.

View photos below.

  
  
 

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and click "older entries."

For extensive information on Naples Florida, visit www.4NaplesRealEstate.com

Posted by:

Linda Loomis, Realtor
John R. Wood Realtors
Naples Fl

Michigan economist David Albouy recently published a study that compared over 200 cities’ cost of living with the lifestyle offered, such as comfortable weather and vibrant downtown areas.  Naples ranked among the top ten most desirable places to live. Albouy stated, “Naples outranks all cities ‘east of the Mississippi’ when it comes to quality of life.”

Top 10
Boston
Honolulu
Los Angeles
Naples, Fla.
New York
Salinas, Calif.
San Diego
San Francisco
San Luis Obispo, Calif.
Santa Barbara, Calif.

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and
click "older entries."

For extensive information on Naples Florida, visit www.4NaplesRealEstate.com

Posted by:

Linda Loomis, Realtor
John R. Wood Realtors
Naples Fl

                                4th of July Fireworks on Naples Beach  

          
  

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and
click "older entries."

For extensive information on Naples FL, visit: www.4NaplesRealEstate.com

Posted by:
Linda C. Loomis, Realtor
John R. Woods Realtors
Naples Florida

Just returned from a trip ...

Naples is gearing up for a big celebration this weekend! The annual 4th of July parade begins at 10:00 A.M. Saturday at Third Street South and Broad Avenue, continues to 5th Avenue South, and ends at Cambier Park on 8th Street South.

The fireworks display at Naples Pier traditionally draws tens of thousands to the beach from Lowdermilk Park south to Gordon Pass.  Many boaters enjoy the spectacular pyrotechnics from their vessels in the Gulf. In case of inclement weather, the display will be held on Sunday.

To learn more about the unique lifestyle that Naples offers, scroll to the bottom of this page and
click "older entries."

For extensive information on Naples Florida, visit:
www.4NaplesRealEstate.com

Posted by:  Linda C. Loomis, Realtor
John R. Wood Realtors
Naples FL