Most vacation buyers want income – not family getaways

LAmbiance – Pelican Bay – Naples Florida – I ran across this interesting article this morning while reading my trade e-magazines. This article gives the reader a good idea of the trends in second homes.

Source: Most vacation buyers want income – not family getaways

As I read this article I thought about all the buyers I’ve sold in Pelican Bay.  A large portion of these buyers are not ready to retire yet and want to be able to rent out their units, when they are not enjoying their residence, to help defray their holding costs. The property values in Pelican Bay are such that an investor would have to put a huge amount of money down to make the rental income numbers work. A purchaser would need to look at the rate his/her investment is currently earning versus the projected amount of appreciation a property could earn. Pelican Bay has very little inventory currently on the market. As of today there are only 31 low-rise condos on the market in Pelican Bay.

I am also seeing a number of Pelican Bay residents who used to rent out their units deciding not to rent them anymore as they are now using their units. This is causing a lack of rental properties which will, I believe, trigger higher rental prices.

What will happen to our property values in the 2019 season? I would think we would see property values rising due to lack of inventory but what I am currently seeing are more price reductions in the active listings. The over 1 million dollar market is smoking hot while the 500K to 1M market seems to be languishing.

I hope you all had a pleasant summer. LAmbiance looks forward to the return of its Northern residents.

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 Wiber via e-mail at Lynn@NaplesBuys.comor call 239-594-2780.

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LAmbiance Website

LAmbiance – Pelican Bay – Naples FL –  Many thanks to the members of our LAmbiance website committee, EJ Eckert, Whit Turner, Richard Reich and Don Wilber for putting together our new Lambiance community website!  This website is just chock full of all sorts of information you may need from any recent notices to residents and board contact information.  Looking for a form?  You’ll find it on this site.  What committees do we have here in LAmbiance?  The information is on the site. Need a copy of the rules and regulations?  You’ll find them on this site.  Need association documents?  You’ll find those on this site also!  Does your Realtor need condo documents?  There is a specific sign up for Realtors on this page so they will only be able to access association documents.

I snapped a photo of my desktop screen so you could see what the site looks like on-line.

New LAmbiance Website. https://lambiancenaples.com/registration

Because our 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

For many years, neighbors have wanted a neighborhood directory.  What is nice about this new site is that neighbors can list their contact information in the neighborhood directory.  Don’t want to be listed?  You can choose NOT to be listed or choose what information in your profile you want listed when you register. You can even post a photo of yourself in your profile! In the upper right hand corner of the site, you’ll even find a link to our LAmbiance Facebook page.  Just click on the white f to be taken to the Facebook site.

Would you like to give feedback on our site?  Once you are registered, you can click on the CONTACT US button on the site. Where it has SEND TO, click on the drop down menu and select WEBSITE QUESTIONS.  You can also comment at the bottom of this blog post and I will make sure the website committee receives your comments.  Your comments and suggestions are always appreciated!

What’s happening in the real estate market?  I’m saving my thoughts for another blog entry as it is just too much to type.

Hope you are all having a wonderful summer!

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 Wiber via e-mail at Lynn@NaplesBuys.comor call 239-594-2780.

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Lake LAmbiance

LAmbiance – Pelican Bay – Naples, FL – While Hurricane Harvey spared Naples, we still received a fair amount of rain from the storm.  Several areas in Naples had flooded streets. While I was out and about on Friday, I snapped these photos of our LAmbiance lake.  Some LAmbiance residents are never in town during rainy season.  These residents only see our lake in dry season when the water level is low.  Here’s what our lake looked like on Friday.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I recently created a neighborhood group page on Facebook for LAmbiance.  If you are a Facebook member, you can join the group by going to: https://www.facebook.com/groups/LambianceinPelicanBay  The purpose of this group is to help promote neighborhood interaction by answering questions and giving personal recommendations for goods, services, establishments to visit and things to do around LAmbiance and Naples. Group members will also be able to post photos and videos they feel might be of interest to everyone. I have made the group page a closed group so only members of the page will be able to see what other people post.  I would like to see this site turn into a source of information for LAmbiance Residents from LAmbiance Residents.  Have a great workmen you’d like to recommend?  Visited a restaurant you enjoyed?  Have a doctor/dentist you’d like to recommend?  Want to share an event happening in the area?  You can post all this on our LAmbiance in Pelican Bay Facebook page.Take a moment to join and share a comment.

If you are thinking about selling your L’Ambiance unit, please call me before you decide to 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 LAmbiance.  I’d be happy to discuss not only the pricing in LAmbiance but the pricing for low-rises in Pelican Bay and low-rises in Naples to see how your unit fits into the equation.

Would you like to subscribe to LAmbiance updates? E-mail me atLynn@NaplesBuys.com and I will add you to the subscription list. Please know that I will keep your e-mail address private.

Please note that I receive no compensation for mention of any businesses or events.

About the author:

Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 39 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 atLynn@NaplesBuys.com or call 239-594-2780.

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