NAPLES GOLF GUY BLOG

Homebuying Affordability

Taking Advantage of Homebuying Affordability in Today’s Market

Homebuying AffordabilityHow can you take advantage of homebuying affordability in today’s real estate market? Everyone is ready to buy a home at a different time in their lives, and a health crisis or not, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase.

There are three main factors that go into determining how affordable homes are for buyers:

  1. Mortgage Rates
  2. Mortgage Payments as a Percentage of Income
  3. Home Prices

The National Association of Realtors (NAR), produces a Housing Affordability Index, which takes these three factors into account and determines an overall affordability score for housing. According to NAR, the index:

“…measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.”

Their methodology states:

“To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20 percent down payment.”

So, the higher the index, the more affordable it is to purchase a home. Here’s a graph of the index going back to 1990:

Homebuying Affordability Index

The green bar represents today’s affordability. We can see that homes are more affordable now than they have been at any point since the housing crash when distressed properties (foreclosures and short sales) dominated the market. Those properties were sold at large discounts not seen before in the housing market.

Why are homes so affordable today?

Although there are three factors that drive the overall equation, the one that’s playing the largest part in today’s homebuying affordability is historically low mortgage rates. Based on this primary factor, we can see that it is more affordable to buy a home today than at any time in the last seven years.

If you’re considering purchasing your first home or moving up to the one you’ve always hoped for, it’s important to understand how affordability plays into the overall cost of your home. With that in mind, buying while mortgage rates are as low as they are now may save you quite a bit of money over the life of your home loan.

So, If you feel ready to buy, purchasing a home this season may save you significantly over time based on historic affordability trends. Let’s connect today to determine if now is the right time for you to make your move.

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyNaples Luxury Real Estate Agent The above information above was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero or Fort Myers, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 7th, 2020, Posted by NaplesGolfGuy

 

May Home Sales in Naples

May Home Sales in Naples For The Week of The 11th

Luxury Naples Homes For SaleThe latest real estate reports confirm May Home Sales in Naples for the week of the 11th show there were 191 Naples Homes Sold versus 213 homes sales during the previous week.

North Naples finished the week in the top spot with 30 real estate transactions compared to 47 sales during the prior week. Of the 30 sales, 10 percent were vacant lots, 30 percent were single family homes and 60 percent were condos.

The City of Naples moved into the second position with 27 homes sold up from 17 sales during the week of May 4th. Real estate sales were made up of 52 percent single family homes and 48 percent condos.

Finally, East Naples slid to the third position with 23 real estate transactions versus 43 real estate transactions during the previous week.  East Naples home sales consisted of 9 percent vacant lots, 26 percent single family homes and 65 percent were condos.

In summary, the Naples Florida real estate transactions review for the week of May 11th show properties sold were broken down as follows: 64 condos, 85 single family homes, 40 vacant lots and 2 mobile homes sold throughout Collier County.

Naples Luxury Home Sales Report

Luxury May Home Sales in NaplesTwenty-Three Naples luxury homes sold during the week. Luxury home prices ranged from $1,170,000 to $10,500,000.

  • $1,000,000 – $1,999,999 price range – 20 homes sold
  • $2,000,000 – $2,999,999 price range – 0 homes sold
  • $3,000,000 – $4,999,999 price range – 0 homes sold
  • $5,999,000 – $9,999,999 price range – 2 homes sold
  • 10,000,000 plus – 1 home sold

April Naples Real Estate Transactions – Organized by zip code:

City of Naples

  • Luxury Properties34102 – 10 properties sold (7 single family homes and 3 condos)
  • 34103 – 9 properties sold (4 single family homes and 5 condos)
  • 34105 – 8 properties sold (3 single family homes and 5 condos)

North Naples

  • 34109 – 11 properties sold (2 vacant lots, 4 single family homes and 5 condos)
  • 34110 – 4 properties sold (2 single family homes and 2 condos)
  • 34119 – 15 properties sold  (1 vacant lot, 12 single family homes and 2 condos)

Estate SalesEast Naples

  • 34104 – 5 properties sold (1 vacant lot, 1 single family home and 3 condos)
  • 34112 – 12 properties sold (4 single family homes and 8 condos)
  • 34113 – 6 properties sold (1 vacant lot, 1 single family home and 4 condos)

Ave Maria and Immokalee

  • 34142 – 7 properties sold (4 vacant lots and 3 single family homes)

Barefoot Beach

  • Naples month end sales in barefoot beach34134 – 1 property sold (1 condo)

Big Cypress

  • 34117 – 7 properties sold (5 vacant lots and 2 single family homes)

Coco River

  • 34108 – 12 properties sold (5 single family homes and 7 condos)

golf homesCorkscrew

  • 34120 –  36 properties sold (2 mobile homes, 15 vacant lots, 17 single family homes and 2 condos)

Eastern Collier County

  • 34114 – 17 properties sold (8 vacant lot, 5 single family homes and 4 condos)
  • 34116 – 7 properties sold (1 vacant lot, 5 single family homes and 1 condo)

Everglades

  • 34139 – 2 properties sold (2 condos)

May Home Sales in Naples and Marco IslandGoodland

  • 34140 – 2 properties sold (2 single family homes)

Marco Island

  • 34145 – 20 properties sold (2 vacant lots, 8 single family homes and 10 condos)

May Home Sales in Naples:

Collier County Real Estate Transactions Week of May 11th 2020

Naples Golf Guy Monthly Newsletter

Luxury Golf Community Real Estate Trends

Begin Your Southwest Florida Property Search

Luxury GolfSo, if you’re ready to begin your search for your southwest Florida Luxury home or condo, explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and we’ll help you navigate more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties and communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling Your Home?

If you are thinking about selling a home in Bonita Springs, Estero, Naples or Fort Myers we recommend you work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyNaples Luxury Real Estate Agent The above information above was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero or Fort Myers, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 6th, 2020, Posted by NaplesGolfGuy

Treviso Bay Single Family Home

Treviso Bay Singe Family Home Contract Pending!

Congratulations to a fantastic couple from Connecticut who just went to contract on this Treviso Bay Single Family Home! This large single family home is located in one of the best bundled golf communities in Naples.

Treviso Bay Single Family Home – 9222 Vento Ln. Naples, FL 34113 – List Price $619,000

Treviso Bay Single Family Homes for sale in Naples FL

 

More About TPC Treviso Bay’s Golf Club

Treviso Bay NaplesTreviso Bay is a private golf community with an 18-hole championship golf course.  It’s the only TPC course in Southwest Florida!  The golf course was designed by well-known golf course designer Arthur Hills and opened in 2018.  The course offers wide-open fairways with challenging greens.  Also, there are 6 sets of tees to cater to all levels of golfers.  Finally, the clubhouse at the golf course was recently completed and overlooks the 9th and 18th greens of the golf course.

Treviso Bay Real Estate

The community is surrounded by condos, coach homes and single-family homes.  Prices range from $225,000 to $2,795,000.  And, it is one of the few golf course communities that offer both new construction as well as re-sale homes.  So, no matter the type of golf home you may be looking for, Treviso Bay has something for everyone.  Additionally, a 15,000 square foot amenity center is located at the center of the community and available for use by all residents.

View Single Family Homes for Sale

View Condos for Sale

Begin Your Own Property Search:

So, if you’re ready to begin your search for your dream home or condo in Treviso Bay or another SWFL community, I encourage you to explore our website to find information about communities in Southwest Florida.  If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 plus different golf communities in our area.  If you prefer a more direct approach, I will provide a list of properties that meet your criteria and/or communities that meet your needs.

Bottom Line:

naples golf communitiesIf you are buying a home in a golf community, you will find it’s more complex than a typical home purchase.  As you can probably imagine, there are significant differences between golf communities.  There are many different fee structures, membership options, pet restrictions, demographics and many other details that apply to the SWFL golf communities.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost to you to have an agent represent you. In fact, I may be able to help you save money and negotiate for extras which the builder may not let you know about.

If you’re looking for information about a specific community in Bonita Springs, Estero or Naples, please contact me and I will prepare a custom market report for you.  I will provide the market information and insights to help make sure you select your dream home!

Lastly, I will handle all contract negotiations for your property from offer to close!

About Matthew Klinowski, PA


Naples Golf GuyThe above information about this Treviso Bay Single Family Home was provided by Matt Klinowski, an expert in Southwest Florida real estate.  When you are ready to buy or sell a property in Naples, Bonita Springs, Estero or Fort Myers, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 5th, 2020 Posted by Matt

Positano Place Open House

Positano Place Open House Sunday June 14th 12-4 PM

Visit our Positano Place open house this Sunday, July 5th, from 12-4 PM. This fabulous Naples Condo is an end-unit that is bright, sunny and move in ready. A fantastic opportunity to purchase an investment property with seasonal or annual rental income. Or perhaps a vacation home for you and your family.

Conveniently located less than 5 miles to the beach and just minutes to Mercato and Downtown Naples. Safety precautions will be in place for your convenience.

Positano Place Open House – 12940 Positano Cir. #307, Naples FL 34105

 

Positano Place Open House Sunday

More About This Positano Place Condo For Sale:

This Monaco floor plan is open and spacious. The condo has crown molding in the living areas, premium stainless steel kitchen appliances, gray contemporary cabinetry, stunning back splash, and modern fixtures. Also, it was recently updated with gray wood composite cork flooring and carpet in the bedrooms. Most notably, this model is the only one that includes a 2-CAR DETACHED GARAGE in the community as well as an additional assigned parking spot.Positano Two Car Garage

  • Three Bedrooms
  • Two Bathrooms
  • 1,323 Square Feet
  • Two Car Garage
  • Built in 2006
  • Partially furnished

Finally, residents have access to a Clubhouse with resort-style pool and spa, fitness center, billiards room, business center, media room, indoor/outdoor kitchens, playground, car wash and BBQ areas.

For more information about this property, contact Mike Pepple at 239-777-8870 or email Mike@NaplesGolfGuy.com

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyThe above information was provided by Naples Golf Guy, Matt Klinowski PA, on behalf of teammate Mike Pepple. We are experts in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero, or Ft. Myers contact us. With almost 20 years of experience, we can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

Contact Matt:  Mike@NaplesGolfGuy.com

or at 239-777-8870

July 3rd, 2020 Posted by NaplesGolfGuy

Economic Turn Around

When Will There Be An Economic Turn Around?

Experts project an economic turn around is in sight, and real estate is positioned to lead the way. Let’s connect to discuss how this rebound impacts our local housing market.

When Will The Economic Turn Around Start?

  • According to a recent WSJ survey, over 92 percent of economists believe the economy is already in a recovery or we will be in Q3
  • More than 80 percent of economists believe it will be a ‘V’ recovery

SWFL Summer Real Estate Sales Update:

Naples Golf Guy Monthly Newsletter

Luxury Golf Community Real Estate Trends

Begin Your Southwest Florida Property Search

Economic Turn Around will be spurred by home salesSo, if you’re ready to begin your search for your southwest Florida Luxury home or condo, explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and we’ll help you navigate more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties and communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling Your Home?

If you are thinking about selling a home in Bonita Springs, Estero, Naples or Fort Myers we recommend you work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyThe above information about an economic turn around was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero, or Ft. Myers contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 3rd, 2020 Posted by NaplesGolfGuy

Where Are Buyers Moving

Are Buyers Moving To Less Populated Areas?

buyers moving from the city to less populated areasThe pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open floor plan seems to be fading as people are finding a need for more privacy while working from home.

Recently, news.com released a report that revealed how buyers’ views of listings are leaning heavily to more suburban and rural properties. Here are the year-over-year percentage increases in views per property type:

  • Urban – 7%
  • Suburban – 13%
  • Rural – 16%

Luxury Naples Homes For SaleIn the report, Javier Vivas, Director of Economic Research for realtor.com, gives these numbers some context:

“This migration to the suburbs is not a new trend, but it has become more pronounced. After several months of shelter-in-place orders, the desire to have more space and the potential for more people to work remotely are likely two of the factors contributing to the popularity of the burbs.”

Realtor Magazine also just reported that the desire to move is strongest in our city markets:

“Nearly 30% of respondents living in a high-density urban area say that the pandemic is prompting them to want to move by the end of the year…This is more than double the rate of those living in rural parts of the country, where residents are much more likely to stay put rather than to relocate.”

New Construction Also Seeing a Surge in Views

Buyers Moving into luxury new construction homesSince the pandemic has altered how consumers think about floor plans, builders are anticipating how future homes will change. In a recent press release by Zillow, it was explained that:

  • Builders believe as people spend more time at home during the pandemic, buyers are realizing which features of their homes are working and not working.
  • Homebuilders predict open-concept floor plans will be a thing of the past, as people now value more walls, doors, and overall privacy.
  • New construction, which offers the chance to personalize home features, saw its listing page views grow by 73% over last May.

Are you looking for a new construction home in a golf community? There are several Southwest Florida golf communities building new homes such as Esplanade, Mediterra and Grey Oaks. Contact me today to review a full list of golf communities building new homes.

Do I need a Realtor if I’m Buying A New Construction Home?

Buyers Moving into Luxury Second Homes

Buyers moving into luxury vacation homesIt appears the health crisis is impacting the luxury market too. In an article released last week titled, Luxury Buyers Return to Market in Force, Danielle Hale, Chief Economist for realtor.com reported:

“Stay at home orders and social distancing have put a new value on the extra space. We’re seeing this in the luxury market as well, which could mean there is renewed interest from high-end buyers to find a second-home that is within driving distance from their primary residence.

Much like the suburbs are gaining favor with home shoppers, second home markets are seeing increased interest from luxury buyers…Views of luxury properties accelerated 56% in The Hamptons, 28% in Palm Springs and 24% in Greenwich compared to January trends.”

It appears that the percentage of buyers moving away from many American cities is increasing. Some of these moves will be permanent, while others will be temporary (such as a getaway to a second home). In either case, many consumers are on the move. Real estate professionals are ready and willing to help in any way they can.

Find a Larger Home With More Space In Luxury Golf Communities

Naples Golf Guy will help you find a new construction home in a golf communityLook for an agent who specializes in the type of community or properties you are interested in purchasing. If you are considering a Southwest Florida Golf Community, there are more than 150 different golf communities to chose from. How do you know which one is right for you and your family?  Find a specialist who has the knowledge and experience about golf community real estate to help you navigate the various clubs, courses, membership options, amenities and location that will best match your lifestyles.

“Luxury Lifestyle” has different meanings for different people. What does it mean to you? Golf course communities in our area have enhanced their amenities to provide members with the ultimate luxury experience. From wellness centers to pickleball and everything in between. We will help you identify the best communities to visit.

Let’s connect to discuss your options.

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyThe above information about buyers moving was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero, or Ft. Myers contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 2nd, 2020 Posted by NaplesGolfGuy

Summer Real Estate Sales

Southwest Florida Summer Real Estate Sales

Summer Real Estate SalesThe latest Southwest Florida Summer Real Estate Sales Report for the week of the June 13th confirmed there were 122 properties sold in the area, which was down from 175 property sales during the prior week.

Southern Fort Myers remained in the top spot with 52 property sales compared to 71 during the previous week. Transactions were as follows: 37 percent vacant lots, 13 percent were condos and 44 percent were single family homes. The other properties sold were a multi-family unit and a commercial unit.

Estero moved into the second position with 39 home sales versus 48 real estate transactions during the week of June 6th. Real Estate sales were split between multiple property types. Of the 39 home sales, 49 percent were vacant lots, 18 percent were condos and 26 percent were single family homes. The other Estero properties sold were mobile homes and a commercial unit.

Bonita Springs fell to the third place with 30 real estate transactions down from 53 transactions the week before. Of the 30 real estate sales, 17 percent vacant lots, 40 percent were condos and 40 percent were single family homes. The remaining Bonita property sold was a mobile home.

In review, based on the real estate transactions report for the week of the 13th, property sales were broken down by the following types in Southwest Florida: 26 condos, 46 single family homes, 43 vacant lots, 3 mobile homes, 3 commercial units and 1 multi-family unit.

Lee County Home SalesSummer Real Estate Sales Report – Organized by zip code

Bonita Springs

  • 34134 – 12 properties sold (1 mobile home, 5 single family homes and 6 condos)
  • 34135 – 18 properties sold (5 vacant lots, 7 single family homes and 6 condos)

Southern Fort Myers

  • summer real estate sales in bonita springs fl33912 – 12 properties sold (1 commercial unit, 8 single family homes and 3 condos)
  • 33913 – 29 properties sold (1 commercial unit, 18 vacant lots, 6 single family homes and 4 condos)
  • 33967 – 11 properties sold (1 multi-family unit, 1 vacant lot and 9 single family homes)

Estero

  • 33928 – 37 properties sold (1 commercial unit, 2 mobile homes, 19 vacant lots, 9 single family homes and 6 condos)
  • 33967 – 1 property sold (1 single family home)
  • 34135 – 1 property sold (1 condo)

Summer real estate sales for Miromar LakesMiromar Lakes

  • 33913 – 1 property sold (1 single family home)

SWFL Summer Real Estate Sales Update:

Lee County Real Estate Transactions Week of June 13th 2020

Naples Golf Guy Monthly Newsletter

Luxury Golf Community Real Estate Trends

Begin Your Southwest Florida Property Search

So, if you’re ready to begin your search for your southwest Florida Luxury home or condo, explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and we’ll help you navigate more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties and communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling Your Home?

If you are thinking about selling a home in Bonita Springs, Estero, Naples or Fort Myers we recommend you work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you are looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home, pet-friendly or dream home, call or text 239-370-0892 or email  Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyThe above summer real estate sales report was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero, or Ft. Myers contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 1st, 2020 Posted by NaplesGolfGuy

Housing Market Rebound

A Historic Housing Market Rebound

Housing Market ReboundAre we in the midst of a historic housing market rebound? Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important?

According to NAR, the Pending Home Sales Index (PHS) is:

“A leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.”

In real estate, pending home sales is a key indicator in determining the strength of the housing market. As mentioned before, it measures how many existing homes went into contract in a specific month. When a buyer goes through the steps to purchase a home, the final one is the closing. On average, that happens about two months after the contract is signed, depending on how fast or slow the process takes in each state.

Why is this rebound important?

With the COVID-19 pandemic and a shutdown of the economy, we saw a steep two-month decline in the number of houses that went into contract. In May, however, that number increased dramatically (See graph below):

Pending Home Sale Show Housing Market Rebound

This jump means buyers are back in the market and purchasing homes right now. Lawrence Yun, Chief Economist at NAR mentioned:

“This has been a spectacular recovery for contract signings and goes to show the resiliency of American consumers and their evergreen desire for homeownership…This bounce back also speaks to how the housing sector could lead the way for a broader economic recovery.”

But in order to continue with this trend, we need more houses for sale on the market. Yun continues to say:

“More listings are continuously appearing as the economy reopens, helping with inventory choices…Still, more home construction is needed to counter the persistent underproduction of homes over the past decade.”

As we move through the year, we’ll see an increase in the number of houses being built. This will help combat a small portion of the inventory deficit. The lack of overall inventory, however, is still a challenge, and it is creating an opportunity for homeowners who are ready to sell. As the graph below shows, during the last 12 months, the supply of homes for sale has been decreasing year-over-year and is not keeping up with the demand from homebuyers.

Housing Supply YOY May 2020

So, if you decided not to sell this spring due to the health crisis, maybe it’s time to jump back into the market while buyers are actively looking for homes. Let’s connect today to determine your best move forward.

Selling Your Home? Work with an Experienced Naples Luxury Realtor

In today’s rapidly changing market, it’s critical to make sure you have a digital game plan and an effective online marketing strategy when selling your home, especially if you are selling a luxury home. One of the ways your agent can help with this is to make sure your listing photos and virtual tours stand out from the crowd, truly giving buyers a detailed and thorough view of your home.

So, if you’re ready to move forward, virtual practices may help you win big when you’re ready to sell. While abiding by state and local regulations is a top priority, we can help make your sale happen. We know exactly what today’s buyers need, and how to put the necessary digital steps in place. For example, according to the same survey, when asked to select what technology would be most helpful when deciding on a new home, here’s what today’s homebuyers said, in order of preference:

  • Buying Your Dream HomeVirtual tour of the home
  • Accurate and detailed listing information
  • Detailed neighborhood information
  • High-quality listing photos
  • Agent-led video chat
  • Paperless transactions

So, if you are contemplating selling a home in Bonita Springs, Estero, Naples or Fort Myers, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price.

Now more than ever, an agents presence on the internet is critical to selling your home. Let’s connect to talk about how we would leverage new real estate technology such as virtual tours and high end photography, e-mail marketing, social media marketing and much more.

Finally, if you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Should I Use a Realtor or Sell on My Own?


Naples Golf GuyThe above information about the housing market rebound was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate. If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs, Estero or Fort Myers who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, vacation home, golf home or dream home, contact us today.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

July 1st, 2020, Posted by NaplesGolfGuy

New Construction Home

Will A New Construction Home Be Available to Buy This Year?

new construction home for sale in naples flAre you trying to decide on a new construction home versus a resale? In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way, builder confidence is increasing.

According to the National Association of Home Builders (NAHB): 

“New home sales jumped in May, as housing demand was supported by low interest rates, a renewed household focus on housing, and rising demand in lower-density markets. Census and HUD estimated new home sales in May at a 676,000 seasonally adjusted annual pace, a 17% gain over April.” 

In addition, builder confidence is also rising, opening up opportunity for newly constructed homes in the market. The NAHB also notes:

“In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading above 50 indicates a positive market.”

As noted above, this upward trend is supported by builders reporting an increase in demand for single-family homes in suburban neighborhoods with lower-density populations, a result of the COVID-19 health crisis.

Moreover, the most recent Monthly New Residential Construction Report from the U.S. Census indicates that authorized building permits for new residential construction increased by 14.4% month-over-month from April to May, and housing starts were also up 4.3% over the same time period. (See graph below):

building permits and housing starts

Although housing permits and starts are both considerably lower than they were at this time last year, indicating the new construction market is still working on building its way back up, the trends are moving in the right direction when it comes to having an impact on the U.S. economy. They’re also poised to create the much-needed new homes for Americans to purchase in a time when inventory is so scarce.

Dean Mon, Chairman of the NAHB notes:

“As the nation reopens, housing is well-positioned to lead the economy forward…Inventory is tight, mortgage applications are increasing, interest rates are low and confidence is rising. And buyer traffic more than doubled in one month even as builders report growing online and phone inquiries stemming from the outbreak.”

The gap between homes to buy and the high demand from purchasers may be narrowed by new construction, and the data shows that these homes are on their way into the housing market.

So, if you’ve debated whether or not to sell your house this year because you’re not sure where to move, a newly-built home – designed to your specific liking – may be your answer.

So, with new residential construction right around the corner, you can feel confident about selling your house and having a place to move into. Maybe it’s time to finally design the home you’ve always wanted. Let’s connect today to discuss selling your house while demand from eager buyers is high.

Find a Real Estate Expert Who Specializes in Golf Community Real Estate

Naples Golf Guy will help you find a new construction home in a golf communityLook for an agent who specializes in the type of community or properties you are interested in purchasing. If you are considering a Southwest Florida Golf Community, there are more than 150 golf course communities to chose from. How do you know which one is right for you and your family?  Find a specialist who has the knowledge and experience about golf community real estate to help you navigate the various clubs, courses, membership options, amenities and location that will best match your lifestyles.

“Luxury Lifestyle” has different meanings for different people. What does it mean to you? Golf course communities in our area have enhanced their amenities to provide members with the ultimate luxury experience. From wellness centers to pickleball and everything in between. We will help you identify the best communities to visit.

Are you looking for a new construction home in a golf community? There are several Southwest Florida golf communities building new homes such as Esplanade, Mediterra and Grey Oaks. Contact me today to review a full list of golf communities building new homes.

Do I need a Realtor if I’m Buying A New Construction Home?

Selling Your Home? Work with an Experienced Naples Luxury Realtor

In today’s rapidly changing market, it’s critical to make sure you have a digital game plan and an effective online marketing strategy when selling your home, especially if you are selling a luxury home. One of the ways your agent can help with this is to make sure your listing photos and virtual tours stand out from the crowd, truly giving buyers a detailed and thorough view of your home.

So, if you’re ready to move forward, virtual practices may help you win big when you’re ready to sell. While abiding by state and local regulations is a top priority, we can help make your sale happen. We know exactly what today’s buyers need, and how to put the necessary digital steps in place. For example, according to the same survey, when asked to select what technology would be Luxury Naples Homes For Salemost helpful when deciding on a new home, here’s what today’s homebuyers said, in order of preference:

  • Virtual tour of the home
  • Accurate and detailed listing information
  • Detailed neighborhood information
  • High-quality listing photos
  • Agent-led video chat
  • Paperless transactions

So, if you are contemplating selling a home in Bonita Springs, Estero, Naples or Fort Myers, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price.

Now more than ever, an agents presence on the internet is critical to selling your home. Let’s connect to talk about how we would leverage new real estate technology such as virtual tours and high end photography, e-mail marketing, social media marketing and much more.

Finally, if you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Should I Use a Realtor or Sell on My Own?


Naples Golf GuyThe above information about buying a new construction home was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate. If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs, Estero or Fort Myers who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, vacation home, golf home or dream home, contact us today.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

June 30th, 2020, Posted by NaplesGolfGuy

May Naples Real Estate Transactions

May Naples Real Estate Transactions For The Week of The 4th

May Naples Real Estate TransactionsThe latest reports show May Naples Real Estate Transactions for the week of the 4th there were 213 Naples Homes Sold versus 278 homes sales during the previous week.

North Naples finished the week in the top spot with 47 real estate transactions compared to 56 sales during the prior week. Of the 47 sales, 13 percent were vacant lots, 38 percent were single family homes and 49 percent were condos.

East Naples moved into the second position with 43 real estate transactions versus 69 real estate transactions during the previous week.  East Naples home sales consisted of 5 percent vacant lots, 37 percent single family homes and 56 percent were condos. The reaming property sold were mobile home.

And finally, the City of Naples finished the week with 17 homes sold down from 31 sales during the week of April 27th. Real estate sales were made up of 24 percent single family homes and 76 percent condos.

In summary, the Naples Florida real estate transactions review for the week of May 4th show properties sold were broken down as follows: 90 condos, 70 single family homes, 51 vacant lots and 2 mobile homes sold throughout Collier County.

Naples Luxury Home Sales Report

May Naples Real Estate Transactions for Luxury HomesThirteen Naples luxury homes sold during the week. Luxury home prices ranged from $1,022,500 to $3,395,000.

  • $1,000,000 – $1,999,999 price range – 8 homes sold
  • $2,000,000 – $2,999,999 price range – 4 homes sold
  • $3,000,000 – $4,999,999 price range – 1 home sold
  • $5,999,000 – $9,999,999 price range – 0 homes sold
  • 10,000,000 plus – 0 homes sold

April Naples Real Estate Transactions – Organized by zip code:

Naples SunsetCity of Naples

  • 34102 – 10 properties sold (3 single family homes and 7 condos)
  • 34103 – 5 properties sold (1 single family home and 4 condos)
  • 34105 – 2 properties sold (2 condos)

North Naples

  • 34109 – 15 properties sold (4 vacant lots, 7 single family homes and 4 condos)
  • 34110 – 14 properties sold (2 single family homes and 12 condos)
  • 34119 – 18 properties sold  (2 vacant lots, 9 single family homes and 7 condos)

Luxury GolfEast Naples

  • 34104 – 9 properties sold (1 mobile home, 3 single family homes and 5 condos)
  • 34112 – 14 properties sold (2 single family homes and 12 condos)
  • 34113 – 20 properties sold (2 vacant lots, 11 single family homes and 7 condos)

Ave Maria and Immokalee

  • 34142 – 5 properties sold (2 vacant lots and 3 single family homes)

Barefoot Beach

  • Naples month end sales in barefoot beach34134 – 1 property sold (1 condo)

Big Cypress

  • 34117 – 6 properties sold (4 vacant lots and 2 single family homes)

Chokoloskee

  • 34138 – 1 property sold (1 vacant lot)

Coco River

  • The 30 Best Small Cities in America34108 – 12 properties sold (1 vacant lot, 3 single family homes and 8 condos)

Corkscrew

  • 34120 –  37 properties sold (20 vacant lots, 11 single family homes and 6 condos)

Eastern Collier County

  • 34114 – 22 properties sold (1 mobile home, 10 vacant lots, 4 single family homes and 7 condos)
  • 34116 – 8 properties sold (1 vacant lot, 5 single family homes and 2 condos)

Everglades

  • Marco Island34139 – 1 property sold (1 condo)

Marco Island

  • 34145 – 13 properties sold (4 vacant lots, 4 single family homes and 5 condos)

Naples April Real Estate Transactions and Latest Reports:

Collier County Real Estate Transactions Week of May 4th 2020

Naples Golf Guy Monthly Newsletter – New!

Luxury Golf Community Real Estate Trends

Begin Your Naples Property Search

Talis ParkAlso, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

Or, if you are considering selling a home in Bonita Springs, Estero, Naples or Fort Myers, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs, Estero or Fort Myers who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, vacation home, golf home or dream home, call us or text us at 239-370-0892 or email Matt at Matt@NaplesGolfGuy.com

About Naples Golf Guy


Naples Golf GuyNaples Luxury Real Estate Agent The above information about the latest April Naples real estate transactions was provided by Naples Golf Guy, Matt Klinowski PA, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero or Fort Myers, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

June 25th, 2020, Posted by NaplesGolfGuy