Naples Heritage Golf Course Homes January 2009, Closed Sale information
43 Active
2 Pending
Source: SunshineMLS, Inc.
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Friday, February 6, 2009
Saturday, January 24, 2009
Existing-Home Sales Show Surprising Gain
Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate of 4.74 million units in December. The number compares to a downwardly revised pace of 4.45 million units in November, but 3.5 percent below the 4.91 million-unit pace in December 2007.
For all of 2008, there were about 4.9 million existing-home sales -- 13.1 percent below the 5.65 million transactions recorded in 2007. This is the lowest volume since 1997 when there were 4,371,000 sales.
Total housing inventory at the end of December fell 11.7 percent to 3.68 million existing homes available for sale, which represents a 9.3-month supply at the current sales pace, down from a 11.2-month supply in November.
“We’ve added 25 million people to our population over the past decade and housing affordability conditions are the best we’ve seen since 1973, but household formation is much lower than expected,” he said. “Consequently, there is a pent-up demand which could be unleashed with the right stimulus, including a non-repayable home buyer tax credit. The Obama administration and Congress need to move fast to stimulate a spring sales upturn which will help to stabilize home prices and set the foundation for a sustainable economic recovery.” -Lawrence Yun, NAR chief economist
Source: Realtor.org
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Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate of 4.74 million units in December. The number compares to a downwardly revised pace of 4.45 million units in November, but 3.5 percent below the 4.91 million-unit pace in December 2007.
For all of 2008, there were about 4.9 million existing-home sales -- 13.1 percent below the 5.65 million transactions recorded in 2007. This is the lowest volume since 1997 when there were 4,371,000 sales.
Total housing inventory at the end of December fell 11.7 percent to 3.68 million existing homes available for sale, which represents a 9.3-month supply at the current sales pace, down from a 11.2-month supply in November.
“We’ve added 25 million people to our population over the past decade and housing affordability conditions are the best we’ve seen since 1973, but household formation is much lower than expected,” he said. “Consequently, there is a pent-up demand which could be unleashed with the right stimulus, including a non-repayable home buyer tax credit. The Obama administration and Congress need to move fast to stimulate a spring sales upturn which will help to stabilize home prices and set the foundation for a sustainable economic recovery.” -Lawrence Yun, NAR chief economist
Source: Realtor.org
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Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
Friday, January 2, 2009
Naples Heritage Golf Community Closed Sales
Naples Heritage Golf Course Homes December 2008, Closed Sale information
40 Active
1 Pending
Source: SunshineMLS, Inc.
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Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
40 Active
1 Pending
Source: SunshineMLS, Inc.
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
Sunday, December 28, 2008
Curb Appeal Matters Now More Than Ever, Say Realtors®
For the second year in a row, Realtors® report that exterior remodeling projects return the most money as a percentage of cost, as detailed in the 2008 Remodeling Cost vs. Value Report.
On a national level, wood deck additions and all types of siding replacements – upscale fiber cement, midrange vinyl, and upscale foam-backed vinyl – returned more than 80 percent of project costs upon resale. Of these, the most profitable project was upscale fiber cement siding, which recouped 86.7 percent of costs, followed by wood decks at 81.8 percent, midrange vinyl siding at 80.7 percent, and upscale foam-backed vinyl siding at 80.4 percent.
“Because today’s buyers have much more to choose from in the way of inventory, any home for sale must make a positive first impression,” said National Association of Realtors® President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “As a trusted source for real estate information, Realtors® understand what attracts and motivates their buyer clients, which is why the results of this year’s Cost vs. Value report underscore the importance of curb appeal in the buyer’s eye.”
In addition to wood decks and siding, window replacements and kitchen remodels also returned a relatively high percentage of remodeling costs on a national basis. All types of window replacements – upscale and midrange wood and upscale and midscale vinyl – returned more than 76 percent of costs. A major midrange kitchen remodel returned 76.0 percent of project costs, while a minor midrange kitchen remodel returned 79.5 percent of costs.
On a national level, bathroom remodels, while still a relatively good investment, do not return as high a percentage as in previous years. A midrange bathroom remodel was estimated to return 74.4 percent on resale, comparable to a midrange attic-to-bedroom conversion, at 73.6 percent of costs recouped, and a midrange basement remodel, at 72.7 percent of costs recouped.
As in last year’s report, the least profitable remodeling projects in terms of resale value were home office remodels, sunroom additions, and back-up power generators, returning only 54.4 percent, 56.6 percent, and 57.1 percent, respectively, of project costs.
McMillan explained that the resale value of any given remodeling project depends on a variety of factors. “A home’s overall condition, availability and condition of surrounding properties, location, and regional economic climate are all factors that will influence the value of any remodeling project,” he said. “That’s why it’s important to consult with professionals like Realtors® in your area when you want to enhance the value of your home. Realtors® see hundreds, if not thousands, of homes every year with their buyer clients and can provide valuable insight into what projects and improvements will make a difference with buyers in your area.”
Source: realtor.org
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On a national level, wood deck additions and all types of siding replacements – upscale fiber cement, midrange vinyl, and upscale foam-backed vinyl – returned more than 80 percent of project costs upon resale. Of these, the most profitable project was upscale fiber cement siding, which recouped 86.7 percent of costs, followed by wood decks at 81.8 percent, midrange vinyl siding at 80.7 percent, and upscale foam-backed vinyl siding at 80.4 percent.
“Because today’s buyers have much more to choose from in the way of inventory, any home for sale must make a positive first impression,” said National Association of Realtors® President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “As a trusted source for real estate information, Realtors® understand what attracts and motivates their buyer clients, which is why the results of this year’s Cost vs. Value report underscore the importance of curb appeal in the buyer’s eye.”
In addition to wood decks and siding, window replacements and kitchen remodels also returned a relatively high percentage of remodeling costs on a national basis. All types of window replacements – upscale and midrange wood and upscale and midscale vinyl – returned more than 76 percent of costs. A major midrange kitchen remodel returned 76.0 percent of project costs, while a minor midrange kitchen remodel returned 79.5 percent of costs.
On a national level, bathroom remodels, while still a relatively good investment, do not return as high a percentage as in previous years. A midrange bathroom remodel was estimated to return 74.4 percent on resale, comparable to a midrange attic-to-bedroom conversion, at 73.6 percent of costs recouped, and a midrange basement remodel, at 72.7 percent of costs recouped.
As in last year’s report, the least profitable remodeling projects in terms of resale value were home office remodels, sunroom additions, and back-up power generators, returning only 54.4 percent, 56.6 percent, and 57.1 percent, respectively, of project costs.
McMillan explained that the resale value of any given remodeling project depends on a variety of factors. “A home’s overall condition, availability and condition of surrounding properties, location, and regional economic climate are all factors that will influence the value of any remodeling project,” he said. “That’s why it’s important to consult with professionals like Realtors® in your area when you want to enhance the value of your home. Realtors® see hundreds, if not thousands, of homes every year with their buyer clients and can provide valuable insight into what projects and improvements will make a difference with buyers in your area.”
Source: realtor.org
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
Monday, December 1, 2008
Naples Heritage Community Closed Sales
Naples Heritage Golf Course Homes November 2008, Closed Sale information
42 Active
1 Pending
Source: SunshineMLS, Inc.
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
42 Active
1 Pending
Source: SunshineMLS, Inc.
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
Friday, November 28, 2008
NABOR report shows prices over $300,000 have stabilized
Over the past 12 months, the median sold price for properties over $300,000 has increased and the upward trend continues, according to a report released by the Naples Area Board of Realtors, which tracks home listings and sales within Collier County (excluding Marco Island).
"In the category of homes valued over $300,000, the median sold price increased 1 percent in the past 12 months, indicating that prices have stabilized in that category. In the under-$300,000 category, foreclosures and short sales continue to influence home prices as the median sold price decreased 17 percent," according to Phil Wood, managing broker of John R. Wood Realtors. For the 12 months ending October 2008, the median sold price for properties over $300,000 increased 1 percent to $566,000, compared to $558,000 for the 12 months ending October 2007.
The report shows the average days a property is on the market has decreased for single-family homes and condominiums.
The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges and geographic segmentation. It also includes an overall market summary. Source: Florida Weekly
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"In the category of homes valued over $300,000, the median sold price increased 1 percent in the past 12 months, indicating that prices have stabilized in that category. In the under-$300,000 category, foreclosures and short sales continue to influence home prices as the median sold price decreased 17 percent," according to Phil Wood, managing broker of John R. Wood Realtors. For the 12 months ending October 2008, the median sold price for properties over $300,000 increased 1 percent to $566,000, compared to $558,000 for the 12 months ending October 2007.
The report shows the average days a property is on the market has decreased for single-family homes and condominiums.
The report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges and geographic segmentation. It also includes an overall market summary. Source: Florida Weekly
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
Tuesday, November 4, 2008
Naples Heritage Real Estate - October Closed Sales
Naples Heritage Golf Course Homes October 2008, Closed Sale information
39 Active
1 Pending
Source: SunshineMLS, Inc.
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
39 Active
1 Pending
Source: SunshineMLS, Inc.
Search Naples Heritage Golf Course Homes for Sale
Contact Sarah Hoag Naples Heritage Golf Course Real Estate Specialist
Sarah@SarahHoag.com
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