Info: Free admission to the Naples Zoo!

The official name is Naples Zoo at Caribbean Gardens. It’s one of the best small zoos anywhere — and Collier County residents get free admission on the first Saturday of every month. The full story on how that happened is here.

All you need is a photo ID that shows a Collier County (or Naples City) address. But one need not be a full-time resident to qualify: if you actually live in Michigan but own property here, you are good to go. Just bring your photo ID and a utility or cable bill that shows a local address! Continue reading Info: Free admission to the Naples Zoo!

Info: Population trends

What do Connecticut, Illinois, Mississippi, New York, Pennsylvania, Vermont, West Virginia, Wyoming,  Alabama, California, Hawaii, Kansas, Louisiana, Maryland, Massachusetts, New Jersey, North Dakota, Oklahoma and Virginia have in common? The first seven, listed alphabetically, lost population. The remaining eleven showed anemic growth that was below the national average of seven-tenths of one percent annually.

Florida, Idaho, Nevada, and Washington state are the fastest growing, all at rates over double that national average.

Source: © Copyright 2017 The Herald-Dispatch, Tim Henderson. All rights reserved.

 

Living: at the junction of luxury and privacy

Naples abounds in luxurious living potential: from Gulfside mansions in Port Royal and Aqualane Shores to high-rise condos with spectacular views, the choices are vast.

Search the MLS and you’ll find over 150 active listings with prices north of $5M — with 4 over $40M! And that doesn’t count the so-called ‘pocket listings’ that many firms keep out of the online sites. Continue reading Living: at the junction of luxury and privacy

Info: The co$t of entry in this resort town

As a certified Resort and Second Home Property Specialist, I’m in daily contact with some component of the new home industry because, frankly, I truly believe there can be significant upside to brand new construction over that associated with the resale market. Now, blanket statements never apply universally and I readily admit one should weigh both options as part of the due diligence associated with any sizable transaction. The new construction market does have some very attractive aspects that most buyers of second home properties should at the least seek to have weighed and evaluated by qualified professional advisors. Continue reading Info: The co$t of entry in this resort town

Info: More on the rental market

Attempting to put a number on the cost of renting is akin to establishing the length of a piece of string. However, there are generalized conclusions available from poking around the MLS, speaking with agents who specialize in the rental market, and becoming familiar with the numerous large apartment complexes coming out of the ground and opening for business.

Some of the latter are offering large (up to 2,000 square feet,) well-equipped units at about $1.35 per foot per month for a full year lease. (Longer leases are not legal in Florida.) The supply of brand new units, plus the attractive rates offered to get the occupancy rate up quickly, will likely put downward pressure on existing rentals of all types, private and commercial alike. I would expect to find a dollar a foot or even less for some newly-vacated properties. Continue reading Info: More on the rental market

Info: NABOR study reveals now is a good time for buyers.

The Naples Area Board of Realtors® recently crunched the numbers on nearly 56,000 residential real estate transactions, taking a look at the original list price/final sale price ratios in each of the 12 months of 2016.

While these averages of averages rarely produce conclusive information on specific future transactions, this report did show significant patterns that are worth passing on.

From a buyer’s perspective, the months of January, February, March, October, and November seem to offer the best chance of getting a favorable offer accepted: with homes selling for close to 80% of list. The study shows that in the seven other months of 2016, the final price on listed properties was closer to 90% of the original price point.

The MLS shows 1,312 homes for sale at one million dollars and over. That’s about a 16 month inventory, given that there were 952 sales in the same price grouping in all of 2016.

That’s a decent buyer’s market, especially going into a three-month period in which the lowest priced offers have the best chance of going to closing. Call me if you’d like the inside word on a particular property or neighborhood.