4 of 5 Consumers Believe in the Housing Bubble

LAmbiance – Pelican Bay – Naples FL – I read the article below this morning in one of my trade e-magazines and wanted to share it with you. It talks about real estate prices. I thought about my last blog posting when I read it. Just click on the link below to read the article.

Article: 4 of 5 Consumers Believe in the Housing Bubble

 

 

 

 

 

 

 

 

Will you be celebrating Valentine’s Day this year in LAmbiance? I’m hoping to enjoy sunset at the beach and have Chef Wilber make me a nice dinner. Wherever you are this Valentine’s Day, I hope you have a wonderful day.

LAmbiance is in need of volunteers for the directors positions in Gardens I and Gardens II. If you are interested in becoming a director, please call Eagle Property Management at 239-596-5567 by February 11th. NOTE: If we cannot find volunteers for the job, Gardens I and Gardens II might have to pay for an outside person to fill the position.

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.

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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Sunshine Shunned: Snowbirds Hesitant about Florida Return

Lambiance  – Pelican Bay – Naples, FL – The link below will take you to an interesting article about Florida’s snowbirds.

Source: Sunshine Shunned: Snowbirds Hesitant about Florida Return

I’ve recently heard of 3 families cancelling vacations to Florida and a few snowbirds holding off their trips to their Florida residences until the Covid numbers come down. It will be interesting to see what happens this season.

LAmbiance’s units are desirable to many people. Last week we had a second floor garden home come on the market. It was under contract within 3 days. As of today there are no units for sale in LAmbiance. There are only 22 places for sale in all of Pelican Bay.

Since the beginning of the year LAmbiance has had 8 sales. If you click here, the link will take you to a list of those sales.  https://matrix.swflamls.com/Matrix/Public/Portal.aspx?p=DE-99347885-537&k=190465XHFL8&eml=THlubkhXaWxiZXJAZ21haWwuY29t#1

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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Canada to Reopen Its Borders on Aug. 9

LAmbiance – Pelican Bay – Naples, FL – I read the article below this morning and wanted to share it with you.

Source: Canada to Reopen Its Borders on Aug. 9

After reading the article, I was left wondering what is going to happen once the U.S. opens its borders and people start to look to buy. As of this morning there were only 35 active listings in all of Pelican Bay! Does anyone remember when I blogged about low-rises having 110 active listings?

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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House Cleaning on Our LAmbiance Blog

 

LAmbiance – Pelican Bay – Naples, FL – Today I focused on cleaning up our LAmbiance blog.  It has been a long time since I have checked the links on our site to get rid of ones that didn’t work anymore and make sure the ones that remained worked.  I also determined I had to get our SEARCH FOR A HOME page up and going.  You’ll note that on the right hand side of our blog there is now a link that reads SEARCH FOR A HOME right above a thumbnail photo of a sunset.  When you click on SEARCH FOR A HOME you go to a page with a link to help you in your search.

I would appreciate it if you could take a moment and try the search feature and give me some feedback.  Did you find it easy to use?  Were you able to find the information you wanted?  Would you suggest any changes to my instruction page?  Your comments are very welcome and I look forward to hearing from you.  Please feel free to call me at 239-594-2780 or e-mail me you suggestions to Lynn@NaplesBuys.com

You’ll note that I tried to visually clear up the right hand side bar to make it easier to find information. If there is something else you’d like to see on that side bar, please let me know. Eventually I want to get up some good links for hurricane information. Once again, your suggestions are welcome.

Thank you all for any comments and suggestions you want to share!

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 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.com or call 239-594-2780.

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Tax reform may hit middle-class, second homebuyers hardest

LAmbiance – Pelican Bay – Naples, FL –  Every day I read information from my trade magazines.  This morning I ran across this article which gave me reason to pause.

Source: Tax reform may hit middle-class, second homebuyers hardest

According to this article by Reuters, the new tax changes may hurt resale values in the second home market. This article predicts that prices could decline by about 10% in some markets with the coastal areas being the most vulnerable according to Zillow.

While I still have a crystal ball on my desk, it is always cloudy.

2018 will be an interesting year for real estate in Pelican Bay.  As of today, we have 46 low-rise listings on the market.  Anyone remember the days we had 130 low-rise listings on the market?  In the last 12.5 months, we had 110 low-rise listing sell. The largest majority of those sales fell between 400K-599,999K.   We currently have enough low-rise inventory to last 5.2 months, which is below the “normal” market of 6 months.

Because of the low inventory, you would think that we’d be seeing sales prices increase.  When I checked the average sale price of low-rises in Pelican Bay in 2016 it came in at $589,451.00.  The average sale price of low-rises in Pelican Bay in 2017 came in at $573,286.00; a decrease in price from 2016!

It will be interesting to see how the season of 2018 plays out. As always, pricing will be the key to getting your home sold.  I have a feeling the days of being aggressive on pricing are waning. These new tax changes may play a negative part in the second home market.  I’ll be monitoring the prices and keeping you posted on what I see happening in the market.

If you own in LAmbiance, have you joined our LAmbiance in Pelican Bay Facebook page yet?  To do so just click here —> LAmbaince in Pelican Bay. Because I am keeping this a private page you’ll be asked to answer a couple of questions to be approved for the page.

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 at Lynn@NaplesBuys.com or call 239-594-2780.

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