Monday, June 27, 2022 / by Mike Shoaff
Naples, FL (June 26, 2022) – Overall home inventory in Collier County was up 59% in May 2022 compared to May 2021, according to a market report from the Naples Area Board of Realtors (NABOR). In addition, pending sales and overall closed sales were down 36% and 25%, respectively, while new listings increased 8%. The median closed price increased 40% from May 2021 to $608,000, with homes staying on the market for an average of 16 days.
“Inventory has been rising since December,” said Mike Shoaff, REALTOR at REMAX in Naples. “By the end of May, our inventory in Naples has nearly doubled since the same time a year ago. And if you include the 889 homes that had a price reduction in May to this inventory mix, then we’re in good shape heading into summer. Price reductions are basically like new listings because the home’s new price point becomes a new opportunity to a larger pool of buyers.”
Though many of the brokers reviewing the repo ...
Monday, May 23, 2022 / by Mike Shoaff
Naples, FL (May 23, 2022) – Overall inventory in Naples during April increased 16.5 percent to 1,668 properties from 1,432 properties in April 2021. Fueled by a swell of new single-family home listings, up 5.7 percent over last year, broker analysts reviewing the April 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are confident the Naples area housing market has reached a crossroad and is making its turn toward a balanced and healthy market.
The overall median closed price in April increased 39.2 percent to $599,000 from $440,000 in April 2021. The uptick reflects the low number of sales in the $300 and below price category. Median closed prices continue to rise in the single-family home market, up 8.7 percent from March, but median closed prices during April in the condominium market decreased 1.1 percent from March.
The NABOR® Ap ...
Thursday, December 2, 2021 / by Mike Shoaff
January 1st is right around the corner and if you have not filed for Homestead Exemption now is the time to start the precess. The deadline for filing for the Homestead Exemption is on March 1st of the tax year. For homeowners who are full-time Florida residents, their property offers several ways to save money. “The homestead exemption keeps taxes down year after year of living within the residence,” says Annabel Ybaceta, director of exemptions with the Collier County Property Appraiser’s office.Many Florida homeowners are familiar with the homestead exemption, which exempts part of a home’s value from taxation. But there are additional exemptions for homeowners who are veterans, seniors, widowed or disabled. According to Ms. Ybaceta, there are approximately 237,000 residential properties in Collier County and about 98,000 of them are homesteaded, which is 41%. That percentage might seem low, but many properties ar ...
Thursday, August 26, 2021 / by Mike Shoaff
It is not just a coastal city with beaches where you keep yourself entertained for a few hours. SWFLA offers much more and a little something for everyone in the family.
So if you are planning a vacation to Naples, Bonita, Estero or Ft. Myers, there are many fun things to do with the kids.
We list a few. And we are sure you will discover a lot more.
~C’MON Children’s Museum
~Bowling at HeadPinz
~Sun N Fun Lagoon
~Eagle Lakes Water Park
~Clam Pass Beach
~Can U Dig It park
~River Park Aquatic Center
~Observation deck at Naples Airport
~Naples Botanical Gardens
~Vineyards splash pad (when they’re open)
~Mackle Park on Marco Island (cool splash pad)
~Naples Train Museum
~Sanibel and Ding Darling
~Farmer Mike's U Pick—Bonita
~Headpinz—one in Naples one in Ft. Myers
Tuesday, August 10, 2021 / by Mike Shoaff
If you’re thinking about buying a house, you’re going to want to choose a top-notch real estate agent on your team. Here’s how to find that star player.You’ve decided that you’re in the perfect position in your life to finally become a homeowner and you’re ready to start searching for your dream house. This is an exciting (but stressful) time and it’s not something that you’ll want to do alone - especially if you’re a first-time buyer.
The key to keeping your cool during your house hunting endeavor is to have a top-notch real estate agent on your team. That agent will walk you through the entire house buying experience and answer any questions you may have.
But, how do you choose a realtor? Well, you’ve come to the right place because we have a few tips for choosing your perfect agent.
1. Know what you want in a realtor and a home
Before you begin your house search, you should take the time to think about what ! ...