Prediction: Lots of International Buyers Over the Next Year

LAmbiance – Pelican Bay – Naples FL – I keep wondering what’s going to happen to our real estate prices once the U.S. opens its borders to foreign travelers. The article in the link below is a prediction of what international buyers will do.

Source: Prediction: Lots of International Buyers Over the Next Year

There is so little inventory, adding more buyers to the mix can only decrease the inventory even more. The principle of “supply vs demand” leads me to think the prices could go higher. Currently there are no units for sale in LAmbiance and only 32 units for sale in all of Pelican Bay.

I found it interesting that international buyers were purchasing by using Zoom, FaceTime, and WhatsApp to view properties. I’ve used Skype in the past to show properties and I LOVE the new apps available to day to communicate with my buyers and sellers.  It would have been nice to have some of this technology when I started out in the business.

LAmbiance is a beautiful place to live. My husband Don and I try to enjoy the beaches in Pelican Bay all summer long. Hopefully you are in town and can enjoy them too.

It’s definitely a Seller’s market. If you are thinking of selling, you can be aggressive with your price. There are so few listings and so much demand your property should sell quickly.

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.

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.

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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Florida’s 2018 profile of international real estate activity

LAmbiance – Pelican Bay – Naples FL – In the course of reading my trade e-magazines I ran across this article with loads of statistics on international buyers. The statistics show that international real estate activity in Florida from August of 2017 – July of 2018 has decreased. The article attributes this decline to low inventory and rising property values.

Source: Florida’s 2018 profile of international real estate activity

Our area did not see the red tide fiasco hit us until around August of 2018. The Ft. Myers/Cape Coral area fought red tide months before it hit us.  It will be interesting to see how next years statistics will fall out.

As of today we have a 5.10 month inventory of low-rise units for sale in Pelican Bay.  A “normal” market is one that is considered to have a 6 month inventory of listings. Prices have fallen a bit and I do think we are currently in a market that is adjusting itself.  As of today, L’Ambiance has 3 active listings.

Have you signed up for our new L’Ambiance Community website?  Because our new LAmbiance site is a secure site, registration is required. Shortly after you submit your registration, you will receive an email with login instructions. You will then be able to choose a password, login and browse the member-only sections of the site.The registration link is: https://lambiancenaples.com/registration

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.comand 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 40 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.comor call 239-594-2780.

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