Real Estate Vu

Aerial Photography and Video Platform Applications

Ron Abboud 1 Aerial Photography and Video Platform Applications 8:31 AM

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<a href="http://www.realestate-vu.com/2015/06/aerial-photography-and-video-platform.html">Aerial Photography and Video Platform Applications</a></h2>
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<ul>
<li>Agriculture </li>
<li>Archaeology </li>
<li>Filmmaking </li>
<li>Photography </li>
<li>Firefighting </li>
<li>Wifi Broadcasting </li>
<li>Wireless connectivity in disaster areas </li>
<li>Autism - helping children with autism better understand there place in this world </li>
<li>Tourism </li>
<li>Conservation </li>
<li>Real Estate
Education </li>
<li>Search & Rescue
Research </li>
<li>Newsgathering </li>
<li>Live telemetry and gps data </li>
<li>For security all communications can be encrypted </li>
</ul>
Enabling autonomous mapping now we can turn 1000's of images into centimeter accurate 2D maps and 3D models very accurately: there are many projects such as construction and civil engineering that need this.<br />
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The <a href="http://vustudios.com/services/create-website-content/for-real-estate-professionals/real-estate-video-production/" target="_blank">cost for aerial photography</a> is $75 per photo with a minimum of 3.<br />
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For more information and details as to who is an <a href="http://vustudios.com/services/create-website-content/for-real-estate-professionals/real-estate-video-production/" target="_blank">aerial photography expert</a> or a <a href="http://vustudios.com/" target="_blank">aerial real estate photographer</a> you can call 239-228-9300<br />
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<b>If you need to find out about a <a href="https://plus.google.com/+RealEstateMLsNaples/about" target="_blank">Naples real estate agent</a> you can contact the Naples Area Board Of Realtors for more information.</b></h4>
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Aerial Photography and Video Platform Applications

Aerial Photography and Video Platform Applications Agriculture Archaeology Filmmaking Photography Firefighting Wifi Broadcas...

$300-$500K Housing Market Gains Momentum in May

Ron Abboud 1 $300-$500K Housing Market Gains Momentum in May 4:56 AM

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<a href="http://www.realestate-vu.com/2015/06/traditional-sales-of-homes-highest-on.html"> $300-$500K Housing Market Gains Momentum in May</a></h2>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVRSE_UJ7pGiEGQUxVWcQFgb-6OScOWym8rK8UFsgGIIaopFeQpXxXVlLcCaZblhLkWVfAzDM0E5TsoqxNr_9k2fCnqR0mjLIpgYmLRx-zeGHARzttTP89F-bwxDyNHjzpP7PFbJAGA6vk/s1600/++%2524300-%2524500K+Housing+Market+Gains+Momentum+in+May+.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVRSE_UJ7pGiEGQUxVWcQFgb-6OScOWym8rK8UFsgGIIaopFeQpXxXVlLcCaZblhLkWVfAzDM0E5TsoqxNr_9k2fCnqR0mjLIpgYmLRx-zeGHARzttTP89F-bwxDyNHjzpP7PFbJAGA6vk/s320/++%2524300-%2524500K+Housing+Market+Gains+Momentum+in+May+.png" width="293" /></a></div>
Naples, Fla. (June 19, 2015) - Historically, many local REALTORS® consider May an "in-between month" as it sits between when seasonal winter residents leave Naples for their homes up north and summer visitors arrive. Yet despite this perception, activity for May in the $300,000 to $500,000 price category of the housing market was on fire with a 30 percent increase (month over month) in overall closed sales from 181 homes in May 2014 to 236 homes in May 2015 according to a report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).<br />
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Many of the homes in the under $300,000 price category have moved into the $300,000-$500,000 price category (bracket creep), a phenomenon that contributes to the increase in inventory levels for single family homes in all price categories above $300,000, all of which increased by double digits.<br />
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NABOR®'s May 2015 Market Report also indicated closed sales for single family homes in the $300,000 to $500,000 price category, while impressive at an increase of 25 percent from 102 single family homes in May 2014 to 127 single family homes in May 2015, was not actually the highest performing price segment. It was closed sales for single family homes in the $1M to $2M price category that experienced the highest increase - 38 percent - from 32 single family homes in May 2014 to 44 single family homes in May 2015. Interestingly, closed sales in the $300,000 to $500,000 condominium market in May were also impressive with an increase of 38 percent from 79 condominiums in the 12-months ending May 2014 to 109 condominiums in the 12-months ending May 2015.<br />
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Homes in the $300,000 to $500,000 price category saw positive double-digit action in overall pending and closed sales (and inventory), yet the overall median closed price did not change. Contributing to this category's median closed pricing stabilization was a 2 percent increase for single-family homes from $380,000 in the 12-months ending May 2014 to $386,000 in the 12-months ending 2015; and a 1 percent decrease in the median closed price for condominiums in the same price category from $370,000 in the 12-months ending May 2014 to $367,000 in the 12-months ending May 2015.<br />
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According to Jeff Jones, NABOR treasurer and Managing Broker at the Naples-Park Shore office of Coldwell Banker®, the May report also indicated that, "historically, the median closed price for homes above $300,000 in May was the lowest since NABOR®'s been tracking statistics [March 2008]." Effectively, the median closed price for homes above $300,000 was $520,000 in the 12-months ending May 2015 compared to $550,000 in the 12-months ending May 2009.<br />
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"In all actuality, prices for homes between $300,000 and $1M are remaining relatively static," said John Steinwand, Broker and Principal at Naples Realty Services, Inc. The May Market Report supported Steinwand's observation as it indicated that the overall median closed price for homes under $300,000 increased 10 percent from $170,000 in the 12-months ending May 2014 to $187,000 in the 12-months ending May 2015; and the overall median closed price for homes $2 million and above increased 11 percent from 2,900,000 in the 12-months ending May 2014 to 3,212,000 in the 12-months ending May 2015.<br />
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<b>If you need to find out about a <a href="https://plus.google.com/+RealEstateMLsNaples/about" target="_blank">Naples real estate agent</a> you can contact the Naples Area Board Of Realtors for more information.</b></h4>
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The NABOR® May 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® May 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:<br />
Overall pending sales decreased 11 percent from 1,096 in May 2014 to 977 in May 2015.<br />
Overall closed sales remained flat for a second month with no increase or decrease reported on a 12-months ending basis.<br />
Closed sales for single family homes in the $300,000 to $500,000 price category increased 22 percent from 1,075 homes in the 12-months ending May 2014 to 1,316 homes in the 12-months ending May 2015.<br />
Closed sales for condominiums in the $300,000 to $500,000 price category increased 33 percent from 691 condominiums in the 12-months ending May 2014 to 922 condominiums in the 12-months ending May 2015<br />
Overall median closed price increased 15 percent from $252,000 in the 12-months ending May 2014 to $289,000 in the 12-months ending May 2015.<br />
Overall inventory decreased 3 percent from 3,919 homes in May 2014 to 3,800 homes in May 2015.<br />
Inventory for single-family homes in the under $300,000 price category decreased 34 percent from 465 single-family homes in May 2014 to 307 single-family homes in May 2015.<br />
Inventory for condominiums in the $2M and above price category increased 83 percent from 30 condominiums in May 2014 to 55 condominiums in May 2015.<br />
Average days on market decreased 21 percent from 95 days in May 2014 to 75 days in May 2015.<br />
As pointed out by Bill Coffey, Broker Manager of Amerivest Realty Naples, there is only a 1.85-month supply of homes under $300,000.<br />
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"Inventory is not going down as much as it once did," noted Mike Hughes, NABOR® president, Vice President and General Manager of Downing-Frye Realty. "The inventory of properties below $300,000 has been reduced quite a bit from several years ago. This market is under tremendous pressure from multiple groups including first time home buyers, retirees and boomerang buyers.<br />
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The dynamics of the Naples market in 2015 are quite different than they were in 2005. We are not seeing the rampant flipping of properties that occurred in 2005. Many of our buyers recently are end users. The financing market today is a lot tougher now than it was in 2005. Roughly 60 to 70 percent of our buyers these days are cash buyers. Also, many of the developers are requiring a larger down payment than they did back in 2005.<br />
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Certainly property values have climbed in the area. With respect to the low-end part of the market, we still have many properties within Naples and there are plenty of these properties on the outskirts of the Naples area too. The bottom line is that the consumer looking for properties below $300,000 still has a wide selection of choices in Southwest Florida."<br />
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Hughes also pointed to similar dynamics affecting other high demand cities like Washington, DC, where most of the affordable homes are located in suburban areas. The projections are for tremendous growth east of Collier Boulevard over the next 20+ years. This area is very desirable for the consumer who wants land and wants to stay in a more affordable budget.<br />
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Homebuyers are fueling the decrease in days on market according to broker analysts, as shown by an overall decrease of 21 percent from 95 days on the market in May of 2014 to 75 days on the market in May of 2015. "It takes a lot less time to sell your house when it's priced right," remarked Brenda Fioretti, Managing Broker at Berkshire Hathaway HomeServices Florida Realty. "And if a buyer finds a home they like, they need to move quickly!"<br />
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To ensure your next sale or purchase in the Naples area is a success contact a REALTOR® on <a href="http://naplesarea.com/" rel="nofollow">Naplesarea.com</a>."<br />
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<strong style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 13.3333330154419px;"><a alt="http://files.ctctcdn.com/85a2c058001/4f26bbc6-e16b-45f9-bf07-ac75ba276456.pdf" href="http://r20.rs6.net/tn.jsp?f=001MnvQrt1KXNGJDLJr8ribcTrXVyo9pgldFojVaSEULRHPtChP_34pSTPGWw81guJGYfnZ8-0rpHM8vyKIHk3R5PCO3QtLVA2X7IJufbD__JE5gcv-13n52zJfbe4dpOzQNA0xFhn4BnE5bLn45AeZAPeWrOhDi_dYtitRn5PwGvKDadN_IgWC6Rc8Zx26tqF7LhFgU5gH8-0UihEqVChB6QUAjAVv1itJ0N8E2cHXQXmqsbdXQnPDtw==&c=LKpWvBpfnpU8Y90jMu3CLo_-hfeyem3NNp6LzBy_pNzNqNJAfqzb9Q==&ch=cZB28zcA53JDwYHyqeFuSik6dLLx_w4ACQQ1VZdJwslpyvpnH2jCRw==" shape="rect" style="color: blue;" target="_blank">View May 2015 Market Statistics</a> </strong><a href="http://files.ctctcdn.com/85a2c058001/4f26bbc6-e16b-45f9-bf07-ac75ba276456.pdf" rel="nofollow">http://files.ctctcdn.com/85a2c058001/4f26bbc6-e16b-45f9-bf07-ac75ba276456.pdf</a><br />
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Contacts: Pat Pitocchi, NABOR® Media Relations Committee Chairman, (239) 398-8650,<br />
        Marcia Albert, NABOR® Director of Marketing, (239) 597-1666<br />
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$300-$500K Housing Market Gains Momentum in May

$300-$500K Housing Market Gains Momentum in May Naples, Fla. (June 19, 2015) - Historically, many local REALTORS® consider May a...

Florida Housing Trust Funds Increased

Ron Abboud 0 Florida Housing Trust Funds Increased 4:49 AM

<h2 style="text-align: center;">
<a href="http://www.realestate-vu.com/2015/06/florida-housing-trust-funds-increased.html">Florida Housing Trust Funds Increased</a></h2>
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TALLAHASSEE, Fla. – June 18, 2015 – Florida lawmakers are poised to vote on the billion-plus state budget tomorrow. This is the only duty required of the Legislature during what's been a three-week special session.<br />
<br />
The House and Senate plan to vote on a new $78.7 billion budget quickly after a review period ends. The Florida Senate will hold a session Friday afternoon to explain and debate the spending plan. House members started a question-and-answer session on the budget this morning.<br />
<br />
Senate President Andy Gardiner, R-Orlando, indicated that he plans to hold a vote on the budget immediately after the 72-hour review period ends at 5:37 p.m. Friday.<br />
<br />
There is good news for low-income Floridians: Lawmakers appropriated $175 million toward the Sadowski Affordable Housing Trust Funds, the highest funding level in eight years.<br />
<br />
The $175 million includes approximately $70 million for the State Apartment Incentive Loan (SAIL) program to rehabilitate existing apartments in need of repair, or to build new units for the elderly and persons with disabilities.<br />
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<b>If you need to find out about a <a href="https://plus.google.com/+RealEstateMLsNaples/about" target="_blank">Naples real estate agent</a> you can contact the Naples Area Board Of Realtors for more information.</b></h4>
Lawmakers also earmarked $101 million for the State Housing Initiatives Partnership (SHIP) program. These monies may be used to provide first-time homeownership with downpayment and closing cost assistance, and to rehabilitate and retrofit housing. Another $4 million was allocated for a competitive challenge grants program to fund housing projects for homeless persons.<br />
<br />
The state budget includes up to $500,000 for the Department of Business and Professional Regulation (DBPR) to prevent, combat and publicize the dangers of unlicensed real estate activity in Florida.<br />
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A major piece of the 20-day special session is a $400 million tax cut package that Gov. Rick Scott signed less than 24 hours after receiving it. The measure will cut sales taxes on back-to-school shopping and lower cell phone bills, among other things.<br />
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Unfortunately, the tax package does not include a reduction in the sales tax on commercial leases.<br />
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<span style="font-size: x-small;">Source Article: <a href="http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=324613" rel="nofollow">http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=324613</a></span><br />
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Florida Housing Trust Funds Increased

Florida Housing Trust Funds Increased TALLAHASSEE, Fla. – June 18, 2015 – Florida lawmakers are poised to vote on the billion-plus state...

Traditional Sales of Homes Highest on Record

Ron Abboud 0 Traditional Sales of Homes Highest on Record 2:45 PM

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<a href="http://www.realestate-vu.com/2015/05/traditional-sales-of-homes-highest-on.html" target="_blank">Traditional Sales of Homes Highest on Record</a></h2>
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Naples, Fla. (May 22, 2015) - What makes a room full of real estate brokers happy? Record-breaking sales! This realization surfaced during a recent meeting where 10 NABOR® brokers reviewed the April 2015 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The report showed that traditional sales comprised 94% of all closed sales as compared to non-traditional sales (foreclosures or short sales).<br />
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Carmen Vasquez, owner/broker U.S. Prime Realty, pointed out that, "April 2015 had 1,095 traditional sales. This is the highest number of traditional sales in a month since we started tracking the NABOR® numbers back in 2009." <br />
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Veteran Broker and Principal at Naples Realty Services, Inc. John Steinwand concurred with Vasquez and illustrated further that, "Not only did April register the highest percentage of traditional sales since 2009, but the data revealed the highest total number of closed sales since July 2009, and the lowest level of distressed property closings in the past six years. Just 10 short sales and 57 foreclosed sales were closed this April versus 330 total distressed sales back in July of 2009."<br />
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April was a remarkable month for the real estate market with notable results in pending sales (properties under contract) of condominiums in the $2 million and above price category, which saw a 58 percent increase from 12 pending sales in April 2014 to 19 pending sales in April 2015. Relative to this increase was an increase in the same category's inventory, which rose by 74 percent from 34 condos in inventory in April 2014 to 59 condos in inventory in April 2015.<br />
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Further, the April 2015 Market Report indicated that overall closed sales had positive gains in all price categories above $300,000 with the $300,000 to $500,000 category capturing the highest gain - 21 percent from 1,787 in the 12-months ending April 2014 to 2,162 in the 12-months ending April 2015.<br />
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The overall median closed price increased 13 percent in April from $250,000 in the 12-months ending April 2014 to $283,000 in the 12-months ending April2015. This was fueled mostly by activity on both ends of the price spectrum. Homes in the $0 to $300,000 price category experienced a 10 percent increase in median home price from $168,000 in the 12-months ending April 2014 to $185,000 in the 12-months ending April 2015, while homes in the $2 million and above price category experienced a 9 percent increase in median home price from $2,900,000 in the 12-months ending April 2014 to $3,175,000 in the 12-months ending April 2015.<br />
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According to Cindy Carroll, SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc., "We can see some real trends when we look at the market with an historic comparison. For example, in the fall of 2013, the median closed price for single-family homes in the $0 to $300,000 price range increased 18 percent. For April 2015, there was only a 9 percent increase from $182,000 in the 12-months ending April 2014 to $199,000 in the 12-months ending April 2015."<br />
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The self-correcting trend became even more apparent when Carroll compared activity from the report by neighborhood, "In July 2014, the median closed price for single-family homes in the Naples Beach area increased 36 percent. In April 2015, this area saw an 11 percent increase. I think the market played catch up between 2013 and 2014 and we are seeing a tempering of it now."<br />
<br />
The NABOR® April 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® April 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:<br />
<br />
<ul>
<li>Overall pending sales decreased 2 percent from 1,231 in April 2014 to 1,210 in April 2015.</li>
<li>Overall closed sales remained flat with no increase or decrease reported on a 12-months ending basis.</li>
<li>Overall closed sales in the $300,000 to $500,000 price category increased 21 percent from 1,787 homes in the 12-months ending April 2014 to 2,162 homes in the 12-months ending April 2015.</li>
<li>Overall median closed price increased 13 percent from $250,000 in the 12-months ending April 2014 to $283,000 in the 12-months ending April 2015.</li>
<li>Overall inventory decreased 3 percent from 4,157 homes in April 2014 to 4,040 homes in April 2015.</li>
<li>Inventory for single-family homes increased 4 percent from 2,206 single-family homes in April 2014 to 2,289 single-family homes in April 2015.</li>
<li>Inventory for condominiums decreased 10 percent from 1,951 condominiums in April 2014 to 1,751 condominiums in April 2015.</li>
<li>Average days on market decreased 28 percent from 99 homes in April 2014 to 71 homes in April 2015. </li>
</ul>
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"Overall, April 2015 had a 5.06-month supply of inventory compared to a 34.78-month supply in April 2007," said Bill Coffey, Broker Manager of Amerivest Realty Naples.<br />
<br />
Many of the brokers who analyzed the April 2015 Market Report had recently returned from the National Association of REALTORS® Legislative Meetings & Trade Expo in Washington, DC, and concurred that sales activity in the Naples area, as also reflected in the report, is in line with the national average.<br />
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However, the April 2015 Market Report by NABOR® showed an 18 percent decline in the days on market to 76 days from 93 days a year ago. Yet according to a REALTOR® Confidence Index report published by Lawrence Yun, Senior Vice President and Chief Economist with the National Association of REALTORS®, the national average in March 2015 was 52 days.<br />
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When you are ready to put your home on the market, look to a REALTOR® for the experience and knowledge you need to determine whether now is the right time to sell your home and ensure your next sale or purchase in the Naples area is a success. Contact a REALTOR® on NaplesArea.com®.<br />
<br />
The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 5,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.<br />
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The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.<br />
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<a href="http://files.ctctcdn.com/85a2c058001/1ebb74c1-6d3e-428a-a491-c737cef145d5.pdf" target="_blank">April Market Statistics</a></div>
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Contacts:<br />
Pat Pitocchi, NABOR® Media Relations Committee Chairman, (239) 398-8650<br />
Marcia Albert, NABOR® Director of Marketing, (239) 597-1666<br />
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Traditional Sales of Homes Highest on Record

Traditional Sales of Homes Highest on Record Naples, Fla. (May 22, 2015) - What makes a room full of real estate brokers happy? Record-...

Real Estate In Southwest Florida Continues To Climb

Kathy Zorn, Broker - Florida Home Realty 0 Real Estate In Southwest Florida Continues To Climb 1:12 PM

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<h2 style="text-align: center;">
<a href="http://www.realestate-vu.com/2015/05/real-estate-in-southwest-florida.html" target="_blank">Real Estate In Southwest Florida Continues To Climb</a></h2>
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The overall median closed price for the region continues to climb over 10% from 2014 over 2015 and consumers for real estate in Southwest Florida continued to purchase according to April statistical data just released for the area.<br />
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Median price for <a href="http://floridahomerealty.com/" target="_blank"><span style="color: blue;">luxury homes</span></a> market $2 million+ was up 9% compared to last April.  Demand continued for price points above $500,000 as closings and pending sales showed strong increases from last year. <br />
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Inventory in the sought after entry level and investor price point of $300,000 and below continued to decline. This deflating inventory influenced the reduction of pending and closed sales for the price point.   Single family and condominium median price however, continues to move up by almost 10% for the region, causing a "market creep" movement of inventory to the next price level. <br />
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Market trends to watch are the single family and condominium homes in the mid market range of $300,000 to $500,000 where inventory is up 15%.   This surprising increase in inventory could be influenced by the "market creep" as inventory in the lower end increases in value as well as sellers seeing equity in their property and listing for sale.   Closed and pending sales in this price point were up 20% compared to April 2014.<br />
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New construction continues to influence price points as well as balance the need for housing in Southwest Florida.  Throughout the region, buyers will find new single family homes generally ranging in price from $400 to $700,000 and carriage or coach home products from $200,000 to $400,000.<br />
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Always consult a Realtor when considering a purchase of real estate in Southwest Florida.  Whether your choice is resale or new construction, <a href="http://floridahomerealty.com/" target="_blank"><span style="color: blue;">Florida Home Realty</span></a> agents have the experience and knowledge of properties that best suit your lifestyle.  Sellers can confidently list their properties with our agents, knowing that they are going to get the best price. <br />
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Real Estate In Southwest Florida Continues To Climb

Real Estate In Southwest Florida Continues To Climb The overall median closed price for the region continues to climb over 10% from 2...

Buyers Shift Focus to Condominium Market 1st Qtr 2015

Ron Abboud 0 Buyers Shift Focus to Condominium Market 2:43 AM

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<h2 style="text-align: center;">
<a href="http://www.realestate-vu.com/2015/04/buyers-shift-focus-to-condominium.html" target="_blank">Buyers Shift Focus to Condominium Market</a></h2>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibI5TMsezYdlnyiIm9U75yhB3fGUURQX6bFwaNOwenFgdxzjM5iKqPZRW80onQrWRJqzFcp247g-UczmlTrZemRurCp9YJt_rp_vNdCx0X4Cv8tmnquJ2GzUEOmHZsPfMpaBVrJ6lPA6I/s1600/NABOR%C2%AE+Market+Report+1st+Qtr+2015.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="122" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibI5TMsezYdlnyiIm9U75yhB3fGUURQX6bFwaNOwenFgdxzjM5iKqPZRW80onQrWRJqzFcp247g-UczmlTrZemRurCp9YJt_rp_vNdCx0X4Cv8tmnquJ2GzUEOmHZsPfMpaBVrJ6lPA6I/s1600/NABOR%C2%AE+Market+Report+1st+Qtr+2015.png" width="320" /></a></div>
Contacts: Pat Pitocchi, NABOR® Media Relations Committee Chairman, (239) 398-8650,<br />
      <br />
Marcia Albert, NABOR® Director of Marketing, (239) 597-1666<br />
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Naples, Fla. (April 17, 2015) - Overall activity in the Naples area real estate market across all price categories remains steady, according to the First Quarter 2015 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Most notable in the report was the $300,000 - $500,000 price category for condominiums in which the overall closed and pending sales increased by double digits in the first quarter of 2015. Statistics show a recent shift in buyer focus from single-family homes to condominiums.<br />
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Broker analysts reviewing the First Quarter 2015 Market Report agree that a new trend may be emerging, as the report showed condominiums outperforming single-family home sales. As such, these analysts predict condominiums will see continued rise in activity moving into summer.<br />
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"Pending and closed sales in the mid-level price range [$300K - $500K] for both March and first quarter outperformed all other areas of the market," said Phil Wood, President & CEO of John R. Wood Properties.  "Perhaps this is reflective of vacation home buyers who want a place to escape the winter weather. Condos are the easiest way for them to do so, since exterior maintenance issues are handled by the associations."<br />
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"The difference in performance between the single-family home market and condo market in the $300,000 -$500,000 price category for the first quarter is quite impressive," said Steve Barker, Advising Broker for Equity Realty. "Pending sales for condominiums in the $300,000 - $500,000 price category increased 53 percent. Yet, while the single family home market is very good, pending sales for single-family homes in this same price category increased only half that, at 26 percent."<br />
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<b>If you need to find out about a <a href="https://plus.google.com/+RealEstateMLsNaples/about" target="_blank">Naples real estate agent</a> you can contact the Naples Area Board Of Realtors for more information.</b></h4>
Supporting analysis presented by Cindy Carroll SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc., at NABOR®'s Economic Summit earlier this month, several brokers including Kathy Zorn, Bill Coffey and Mike Hughes pointed out that the First Quarter 2015 Market Report indicated location as a big factor in home sales activity.<br />
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Hughes remarked that, "the overall median closed price in all geo-specific areas of the county increased double digits compared to the same quarter last year." Zorn added, "in both the Central Naples and South Naples areas, the median closed price rose 17 percent compared to the first quarter of 2014."<br />
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Overall inventory for the $300,000 - $500,000 price category in the first quarter of 2015 increased 14 percent from 934 homes in the first quarter of 2014 to 1,061 homes in the first quarter of 2015. Only the inventory in the over $2 million price category had a larger increase - 18 percent - expanding from 400 homes in the first quarter of 2014 to 471 homes in the first quarter of 2015.<br />
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"The number of people paying cash for their homes remains strong," said Barker, who added, "a stunning 73 percent of all home sales in the first quarter of 2015 were cash-only purchases. Strict lending standards combined with low inventory continue to give the advantage to cash buyers in this housing market."<br />
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"We also see that in March, traditional sales dominated the market at 91 percent," said Bill Poteet, owner and broker at Poteet Properties. "There were 921 traditional sales and only 19 non-traditional [short sale and/or foreclosed] sales." He went on to note that March's market performance is typically a leading indicator of the trend we can expect going in to the summer.<br />
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The NABOR® 1Q 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® 1Q 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: <br />
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<ul>
<li>Overall pending sales increased 3 percent from 3,532 in 1Q 2014 to 3,628 in 1Q 2015.</li>
<li>Pending sales in the single-family home market increased 5 percent from 1,563 single-family homes in 1Q 2014 to 1,634 single-family homes in 1Q 2015.</li>
<li>Pending sales in the condominium market increase 1 percent from 1,969 condominiums in 1Q 2014 to 1,994 condominiums in 1Q 2015.</li>
<li>Overall closed sales decreased 4 percent from 2,409 in 1Q 2014 to 2,312 in 1Q 2015.</li>
<li>Closed sales for single-family homes decreased 13 percent in the $0 - $300,000 price category from 473 single-family homes in 1Q 2014 to 412 single-family homes in the 1Q 2015,</li>
<li>Closed sales for single-family homes increased 14 percent in the $300,000 - $500,000 price category from 264 single-family homes in 1Q 2014 to 300 single-family homes in 1Q 2015.</li>
<li>Overall median closed price increased 13 percent from $265,000 in 1Q 2014 to $300,000 in 1Q 2015.</li>
<li>Overall median closed price for homes over $2 million increased 11 percent from $2,877,000 in 1Q 2014 to $3,200,000 in 1Q 2015.</li>
<li>Median closed price for condominiums in the $2 million and above price category decreased 13 percent from $2,775,000 in 1Q 2014 to $2,405,000 in 1Q 2015.</li>
<li>Overall inventory decreased 3 percent from 4,405 homes in 1Q 2014 to 4,253 homes in 1Q 2015.</li>
<li>Inventory of single-family homes in the $0 - $300,000 price category decreased 28 percent from 537 single-family homes in 1Q 2014 to 385 single-family homes in 1Q 2015.</li>
<li>Inventory of single-family homes in the $500,000 - $1 million price category increased 21 percent from 529 in 1Q 2014 to 640 in 1Q 2015.</li>
<li>Inventory for condominiums in the $2 million and above price category increased 77 percent from 39 in 1Q 2014 to 69 in 1Q 2015.</li>
<li>Average days on market decreased 11 percent from 95 in 1Q 2014 to 85 in 1Q 2015.</li>
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The NABOR® March 2015 Market Report was also released and reflected these overall (single-family and condominium) findings:<br />
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<li>Overall pending sales increased 9 percent from 1,399 homes in March 2014 to 1,520 homes in March 2015.</li>
<li>Overall closed sales increased 3 percent from 981 homes in March 2014 to 1,014 homes in March 2015.</li>
<li>Overall median closed price increased 12 percent from $248,000 in the 12-months ending March 2014 to $278,000 in the 12-months ending March 2015.</li>
<li>Overall median closed price in the $0-$300,000 category increased 9 percent from $165,000 in the 12-months ending March 2014 to $189,000 in the 12-months ending March 2015.</li>
<li>Overall inventory decreased 3 percent from 4,405 homes in March 2014 to 4,253 in March 2015.</li>
<li>Average days on market decreased 16 percent from 94 days in March 2014 to 80 days in March 2015.</li>
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"The statistics show that the lower the price category, the faster the home will sell and the higher the price category, the longer it takes to sell," said Brenda Fioretti, Managing Broker at Berkshire Hathaway HomeServices Florida Realty. "For example, homes in the $0 - $300,000 price range sold in an average of 64 days in the first quarter of 2015, while homes in the over $2 million price category stayed on the market 152 days before they sold."<br />
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The First Quarter 2015 and March 2015 Market Reports reflect exactly what all three economic experts predicted at NABOR®'s 4th annual Economic Summit: that the real estate industry in Florida is very good and will continue to stay very good through 2015.<br />
<br />
<span style="font-size: x-small;">The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 5,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.</span><br />
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<span style="font-size: x-small;">The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.</span><br />
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<strong> <a href="http://r20.rs6.net/tn.jsp?f=001DL7iKqrPkucxRMOvHW3B485BI8BTkUVLTmhxelLygIoJ_LhOE6nknaib22zpQe6J3L2CVAsq4A6dmBfFx_hiIEmFSDF-Won2tshD42KyEvddshbH3PXuBRJXlhYdGTh3ifa5i6VYYk8nOp_rP8d_8xg1jJucPV2YDtxxQo_9_BBg4Q03YV6NuVhjLJP3ihYN_j8Se9JSSbKO1-fMLkSTbyY1I8o_5fS4adHf1nnVtet_D-pWmdVmiw==&c=jU8oZJL07dRutJ-H4z6l6u2yblxRmKBNhh9YmFtNfLOUGBGcM1rnPA==&ch=YCy3ArqDo3Nv1GSawT249K1QXJsvL9qPLj8dGbNgeRiTTrw82xnPew==" shape="rect" style="color: blue;" target="_blank">View March 2015 Market Statistics</a></strong></div>
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<strong style="font-size: 13px;"> <a href="http://r20.rs6.net/tn.jsp?f=001DL7iKqrPkucxRMOvHW3B485BI8BTkUVLTmhxelLygIoJ_LhOE6nknaib22zpQe6JTXY5Ur_vTyUx01LelFRCW7MrmFgM-A3l0Sp3p4j6qK_bOGD59FamKwTYqY5WihPl8yQB_PZMLajFH7Filq8X79dOkGPhqApvN2a20HI_6TEz9aRAP5LHuVxh1yEx5SnvJ4j-KqFsdP9y_M2ZnEZw47RUjedjiCnN2VsDKjS9CGDOlIfubXME2w==&c=jU8oZJL07dRutJ-H4z6l6u2yblxRmKBNhh9YmFtNfLOUGBGcM1rnPA==&ch=YCy3ArqDo3Nv1GSawT249K1QXJsvL9qPLj8dGbNgeRiTTrw82xnPew==" shape="rect" style="color: blue;" target="_blank">View 1Q 2015 Market Statistics</a></strong> </div>
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Buyers Shift Focus to Condominium Market 1st Qtr 2015

Buyers Shift Focus to Condominium Market Contacts: Pat Pitocchi, NABOR® Media Relations Committee Chairman, (239) 398-8650, Ma...

Naples Real Estate Area February 2015 Market Report

Ron Abboud 2 naples real estate market report february 2015 4:39 PM

<h2 style="text-align: center;">
<a href="http://www.realestate-vu.com/2015/03/naples-real-estate-area-february-2015.html" target="_blank">Naples Real Estate Area February 2015 Market Report</a></h2>
<em style="font-family: 'Arial Narrow', 'Arial MT Condensed Light', sans-serif; font-size: 16px;"><img alt="Nabor Market Report" border="0" class="CToWUd a6T" height="109" hspace="5" name="14c37e1344ded331_ACCOUNT.IMAGE.154" src="https://blogger.googleusercontent.com/img/proxy/AVvXsEiPhfhOPPUT8UoXEQQPZnAelm8YJLkRCWKcD-aRyZjDhRkaHYJQexTpq8jvB3J6kq_wYTok7XvdaMzJeOJ8wj_huuVkE-SfXnQxu3hLzoqsJOpwd7A1AfLDool34i6DG79OH8rpTzfw7b-epdnnp9sr4SpITU1ZSDdkRNEhFQ=s0-d-e1-ft" style="cursor: pointer; outline: 0px;" tabindex="0" vspace="5" width="300" /></em><br />
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A service from the Naples Area Board of REALTORS® <br />
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NABOR® Report Indicates Healthy Market Trends Continue<br />
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Contacts: Pat Pitocchi, NABOR® Media Relations Committee Chairman, (239) 398-8650,</div>
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        Marcia Albert, NABOR® Director of Marketing, (239) 597-1666<br />
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Naples, Fla. (March 20, 2015) - An increase in the number of home sales in the over $300,000 price categories, overall rising median closed prices, and an increase in inventory in most price segments were just some of the trends included in NABOR's February 2015 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). But the best news? These trends are expected to continue.</div>
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"We saw year-over-year growth in our overall median closed prices throughout 2014; and with February getting off to a similar start, we expect that trend will continue," Vice President and General Manager of Downing-Frye Realty and NABOR®'s 2015 President Mike Hughes said. "Our inventory remains low yet we ended February with 1,280 sales pending. This indicates a healthy market."</div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcIswA5O_bGfneBYo00kv15eXVk_zcGKRbaCJ4Wz60dERYR2HyMCDelyDIoGadwindbjeencrazVL57ncXP1MeihUv5Il_PGY2eDwyt0XkYwxcWtGE4Z0l47rSfmap62RvFQVzHRdFFjI/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Overall+Market+1.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="201" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcIswA5O_bGfneBYo00kv15eXVk_zcGKRbaCJ4Wz60dERYR2HyMCDelyDIoGadwindbjeencrazVL57ncXP1MeihUv5Il_PGY2eDwyt0XkYwxcWtGE4Z0l47rSfmap62RvFQVzHRdFFjI/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Overall+Market+1.png" width="320" /></a></div>
According to Kathy Zorn, broker/owner of Florida Home Realty, "February's activity revealed that sellers may not be sitting on the fence anymore. It's been 10 years of recovery and many homeowners who've weathered it may be at a place where they feel satisfied their property's value has recovered."</div>
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While overall closed sales activity for single-family homes remained even in February 2015 compared to a year ago, its inventory grew by 6 percent from 2,305 homes in February 2014 to 2,449 homes in February 2015. "I don't think the increase in inventory is necessarily all due to bracket creep," said Zorn. "Homeowners keep an eye on their property values. When they presume their home has rebuilt equity, many will contact a REALTOR® to confirm the increase in value. If the equity is confirmed, they're likely to put their home on the market."<br />
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<b>If you need to find out about a <a href="https://plus.google.com/+RealEstateMLsNaples/about" target="_blank">Naples real estate agent</a> you can contact the Naples Area Board Of Realtors for more information.</b></h4>
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Wes Kunkle, a commercial broker at Kunkle Realty, said the resale market's recovery will likely affect new home construction prices. "The report shows a trend of increased inventory in single-family homes that I believe will begin to put pressure on new home construction prices. We may see a pricing peak in the new home market sooner than later."<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMJG5Xouftt5lLmrlAbhhkhWZpbsKSOhUl6t1bPKWbEOTyBvCIfTpA344T48XgtLLUeBK_h4Kl3-XA_NI84hYB3P8BR41QPYRsc_gcJUtp0jWgOBf_11R7g1GXpPmJxiK79LsRL1AqhyphenhyphenM/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Single+Family+2.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="201" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMJG5Xouftt5lLmrlAbhhkhWZpbsKSOhUl6t1bPKWbEOTyBvCIfTpA344T48XgtLLUeBK_h4Kl3-XA_NI84hYB3P8BR41QPYRsc_gcJUtp0jWgOBf_11R7g1GXpPmJxiK79LsRL1AqhyphenhyphenM/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Single+Family+2.png" width="320" /></a></div>
However, as indicated in the February report, the condominium market is not performing as well as the single-family home market. Closed sales for condominiums decreased 17 percent from 395 in February 2014 to 329 in February 2015. As expected, this decrease may be a result of a 16 percent decrease in condominium inventory, which fell from 2,328 units in February 2014 to 1,957 units in February 2015.<br />
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"Condos are not recovering as well as single-family homes because they are at the whim of certain financing obstacles," said Cindy Carroll, SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc. "Getting a bank to approve a loan on a condo is more difficult because they typically rely on extenuating factors such as the financial health of the homeowners' association, the age and structural state of the building, and a requirement to receive Fannie Mae approval."<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLydjAoJN9VhHDeup0hRIbm5Y6FfL14XELlEv6b49j1QyyR46WZ_qlMOm9Yme3I4i682HtclirBiM-08agffED5IdOEMwFgUiXqFch8ir3w0gGiHUXfVaY5tuvfGJIS4aJfbS38ikvqII/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Condominium+3.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="210" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLydjAoJN9VhHDeup0hRIbm5Y6FfL14XELlEv6b49j1QyyR46WZ_qlMOm9Yme3I4i682HtclirBiM-08agffED5IdOEMwFgUiXqFch8ir3w0gGiHUXfVaY5tuvfGJIS4aJfbS38ikvqII/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Condominium+3.png" width="320" /></a></div>
Despite these obstacles, broker analysts think the condominium market's activity in the last year is an indication of its potential for an increase in value. For example, pending sales for condominiums in the $300,000 - $500,000 price category increased 87 percent from 79 units in February 2014 to 148 units in February 2015 and overall, the median closed price jumped 14 percent during that time period. "We've seen a recovery and stellar activity in the single-family home market. It wouldn't surprise me if condominiums became the new exchange," said Carroll. "And may experience the same type of recovery as the single family home market."<br />
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The NABOR® February 2015 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® February 2015 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: </div>
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<li>Overall pending sales increased 3 percent from 1,244 in February 2014 to 1,280 in February 2015.</li>
<li>Overall closed sales decreased 1 percent from 9,808 in the 12-months ending February 2014 to 9,720 in the 12-months ending February 2015.</li>
<li>Closed sales for single-family homes decreased 1 percent from 4,682 homes in February 2014 to 4,612 homes in February 2015.</li>
<li>Closed sales for condominiums decreased less than a percent from 5,126 condominiums in February 2014 to 5,108 in February 2015.</li>
<li>Overall median closed price increased 12 percent from $245,000 in the 12-months ending February 2014 to $275,000 in the 12-months ending February 2015.</li>
<li>Overall inventory decreased 5 percent from 4,633 homes in February 2014 to 4,406 homes in February 2015.</li>
<li>Inventory for single-family homes increased 6 percent from 2,305 homes in February 2014 to 2,449 homes in February 2015.</li>
<li>Inventory for condominiums decreased 16 percent from 2,328 in February 2014 to 1,957 in February 2015.</li>
<li>Average days on market for February 2015 were 93. </li>
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There are 3,027 homes for sale in the Naples area that are priced above $300,000. This comprises about 66 percent of the market. If you are a homeowner that sat steady while the market recovered, find out whether your home has gained equity by contacting a REALTOR®. A REALTOR® has the experience and knowledge to do provide an accurate market comparison that will help you determine whether now is the right time to sell your home and ensure your next sale or purchase in the Naples area is a success. Contact a REALTOR® on NaplesArea.com®.<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgoHHQYVyyeHPT-ap1iTKJGGGWUsG8uOW23QMjJq5ia-n1yvP20BB6JNDnjRCUwykSquy4ZZ8YSYj6RoQYnXA7NukcHpC-xu5NMZDC8eJBOndhgPxvXKwRk_LNkTZSyh2wQh7Eg_75IwF0/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Graphs+4.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgoHHQYVyyeHPT-ap1iTKJGGGWUsG8uOW23QMjJq5ia-n1yvP20BB6JNDnjRCUwykSquy4ZZ8YSYj6RoQYnXA7NukcHpC-xu5NMZDC8eJBOndhgPxvXKwRk_LNkTZSyh2wQh7Eg_75IwF0/s1600/Feb+2015+Naples+Area+Real+Estate+Market+Statistics+Graphs+4.png" width="320" /></a></div>
The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 5,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.</div>
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The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.<br />
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Other Articles Of Interest:</h4>
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<a href="http://www.realestate-vu.com/2015/03/naples-real-estate-area-february-2015.html" target="_blank">Naples Real Estate Area February 2015 Market Report</a><br />
<a href="http://www.realestate-vu.com/2015/02/naples-real-estate-area-january-2015.html" target="_blank">Naples Real Estate Area January 2015 Market Report</a></div>
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<a href="http://www.realestate-vu.com/2014/10/low-inventory-impacts-market-naples.html" target="_blank">Low Inventory Impacts Market Naples Florida</a></div>
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<a href="http://www.realestate-vu.com/2014/11/real-estate-brokers-business-philosophy.html" target="_blank">Real Estate Brokers Business Philosophy</a></div>
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<a href="http://www.realestate-vu.com/2014/12/naples-real-estate-november-2014-market.html" target="_blank">Naples Real Estate November 2014 Market Report</a></div>
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<a href="http://news.realestatemls.com/2014/12/selling-your-home-clean-repair-purge.html" target="_blank">Selling Your Home Clean Repair Purge</a></div>
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<a href="https://www.youtube.com/watch?v=p6mOr1LlHjk" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Botox Doctors Naples</span></a></div>
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<span style="color: blue; font-family: Times, 'Times New Roman', serif;"><a href="https://www.youtube.com/watch?v=5-nmyzrccbI" target="_blank">Naples Dentists</a></span></div>
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<a href="https://www.youtube.com/watch?v=elN3mg0_aMA" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Real Estate Video Production</span></a></div>
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<a href="https://www.youtube.com/watch?v=gt62VeXVvWc" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Real Estate Marketing</span></a></div>
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<a href="https://www.youtube.com/watch?v=po1DATCau14" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Naples Web Design</span></a></div>
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<a href="https://www.youtube.com/watch?v=fhRNtRCc3Tk" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Digital Marketing Company</span></a></div>
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<a href="https://www.youtube.com/watch?v=r0qBabVGfJk" style="text-decoration: none;" target="_blank"><span style="color: blue; font-family: Times, 'Times New Roman', serif;">Naples Real Estate</span></a></div>
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<span style="font-family: Times, 'Times New Roman', serif;">Other Services Of Interest:</span></h4>
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<span style="font-family: Times, 'Times New Roman', serif;"><a href="http://vustudios.com/" target="_blank">Real Estate & Aerial Drone Photography</a></span></div>
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<span style="font-family: Times, 'Times New Roman', serif;">© 2014 - 2015 all rights reserved</span></div>
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