ULI: 8 Real Estate Trends Emerging from the Pandemic

LAmbiance – Pelican Bay – Naples FL – I saw this article this morning and wanted to share it with you.

Due to COVID-19, the migration from cities to suburbs has accelerated; multifamily developers no longer have amenity wars to attract new residents; and health and wellness movements are emerging in hotels, offices and more.

Source: ULI: 8 Real Estate Trends Emerging from the Pandemic

The September real estate statistis from the Naples Board of Realtors have not been published as of yet. August 2020 statisticsAugust 2020 statistics showed Naples Beach Condos median sales price down 3.2%.

Over the last two weeks I have received several calls inquiring as to how Naples is doing in terms of the pandemic. I tell everyone that I am at a loss to advise anyone because everyone has different comfort levels and/or health issues. Our Governor has recently opened all restaurants and bars to 100% capacity. While unincorporated Collier County has a temporary mask mandate in effect until 10/27/20, the cities of Naples and Marco Island do not have any mask mandates. Governor DeSantis has mandated that no local governments can fine people for not wearing mask. Unincorporated Collier County fines businesses if their patrons don’t wear masks. Before you decide if you want to come to Naples, it’s probably a good idea to check various different sites for Covid information. Here’s a few to get you started:

Florida Department of Health:  https://arcg.is/0Hfi5O

Florida Covid Actions:  https://experience.arcgis.com/experience/7572b118dc3c48d885d1c643c195314e

Worldometers:  https://www.worldometers.info/coronavirus/

Covid-19 Event Risk Planner: https://covid19risk.biosci.gatech.edu/ 

John Hopkins Covid Resource Center: https://coronavirus.jhu.edu/us-map

As I said, these are just some sites to get you started. There’s lots more information out on the web for you to investigate before making your decision.

Downing Frye’s office has moved! Our new office is in the Galleria on Vanderbilt at:

8950 Fontana Del Sol Way Suite 100 – Naples, FL 34109

If you own in L’Ambiance, have you joined our L’Ambiance in Pelican Bay Facebook page yet? It’s a great source to ask questions and to get information. Just click here —> LAmbiance in Pelican Bay. Because I am keeping this a private page, you’ll be asked to answer a couple of questions so I can approve you on the page.

If you are thinking of selling your L’Ambiance unit, please call me before you do any major remodeling. I’d be happy to discuss current market conditions and give you selling tips. I have a list of buyers who are looking for specific units in L’Ambiance. I’d be happy to discuss not only the pricing in L’Ambiance but the pricing for low-rises in Pelican Bay and condos in Naples to see how your unit fits into the equation.

Would you like to subscribe to L’Ambiance updates? E-mail me at Lynn@NaplesBuys.com and I will add you to the subscription list. Please know that I keep our e-mail address private.

Please note that I receive not compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in L’Ambiance in Pelican Bay. Her 43 years of real estate experience and her area expertise have been valuable resources to LAmbiance Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

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