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Archive for the ‘Buying in Pelican Bay’ Category


Pelican Bay – Naples, FL – Have you been considering purchasing a condo in Pelican Bay?  No matter where you may decide to ultimately purchase, it is a good idea to research the community you wish to live.  You might want to talk to the residents.  You definitely want to read over the condominium documents and study other data before you buy.

The Florida Association of Realtors has come up with 20 questions to ask when buying a condo.  These are great questions to check as you embark on your condo search.  Click on the link below to bring up the questions and print them out.

20 Questions to Ask when Buying Condo

Your Realtor should be able to help you obtain the answers to any of your questions.  Here’s a sunset photo for you to enjoy while you think about a purchase in Pelican Bay.

Looking to buy in Pelican Bay? Click here: HOME FOR SALE. Enter zip code 34108 and your search criteria.

If you are thinking of selling your Pelican Bay home, please give me a call at 239-594-2780 or email me at Lynn@NaplesBuys.com.  I’d be happy to discuss all the latest statistics and explain what they may mean to you.

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

Do you have some photos of Pelican Bay you would enjoy sharing? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment on this post? Just click on the ADD COMMENT link at the end of this entry.

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 Pelican Bay 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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Pelican Bay – Naples, FL – I ran across this article today and wanted to share it with you.  Based on the amount of traffic that I have seen all summer long, I would guess that more people are moving here full time.

When moving out of state, the devil is in the details.Source: 4 Tips to Consider When Moving to a New State

Pelican Bay is truly an amazing place to live. If you are thinking about owning a second home in Pelican Bay, call me. I’d be delighted to help you find your place in paradise.

Thinking of selling a home in Pelican Bay? Call or e-mail me at 239-594-2780 or Lynn@NaplesBuys.com  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? Click here: HOME FOR SALE.

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

Do you have some photos of Pelican Bay you would enjoy sharing? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment on this post? Just click on the ADD COMMENT link at the end of this entry.

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 37 years of real estate experience and her area expertise have been valuable resources to Pelican Bay 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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Pelican Bay – Naples, FL – I ran across this excellent article about choosing a vacation home that I thought might be helpful for buyers.  Of course, I LOVE Pelican Bay.  When my husband and I made our vacation home purchase it was in Pelican Bay.  Every buyer has different requirements.  Read on for some good advice……….

Looking to pick up a vacation home in your favorite city? Here are a few things you and your family should consider first.

Source: How to Choose the Perfect City for Your Vacation Home – http://blog.rismedia.com/2015/how-to-choose-the-perfect-city-for-your-vacation-home/

Thinking of selling a home in Pelican Bay? Call or e-mail me at 239-594-2780 or Lynn@NaplesBuys.com  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? Click here: HOME FOR SALE.

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

Do you have some photos of Pelican Bay you would enjoy sharing? Are you a member of FaceBook? Login in and join the Florida Beaches and Spectacular Sunsets. You can post photos, videos and experiences about Pelican Bay on this page.

Care to comment about this post? Just click on the ADD COMMENT link at the end of this entry.

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 37 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Website | Twitter | FaceBook

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Pelican Bay – Naples, FL – I ran across this excellent article that shows statistics comparing vacation home sales and investment home sale transactions from 2013 to 2014.  I find it interesting that vacation home sale transactions rose 57.4% in 2014, while investment home sale transactions decreased 7.4%.  Read on…..

Vacation home sales rose to record high in 2014.

Thinking of selling a home in Pelican Bay?  Call or e-mail me at 239-594-2780 or .  I’d be happy to discuss how much your home is worth in today’s market.

Looking to buy in Pelican Bay? Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES. If you are planning on selling your Pelican Bay home, I would be happy to give you a candid assessment of the Pelican Bay real estate market.

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

Do you have some photos of Pelican Bay you would enjoy sharing? If you are a member of FaceBook, you can login in and join the Florida Beaches and Spectacular Sunsets to posts photos, videos and experiences about Pelican Bay.

Care to comment about this post? Just click on the ADD COMMENT link at the end of this entry.

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 37 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Website | Twitter | FaceBook

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I ran across this article today and thought you might find it interesting.

ORLANDO, Fla. – Jan. 15, 2015 – What does a ‘typical’ Fla. home buyer or seller look like?

While a single description doesn’t apply to every buyer and seller, the latest Florida 2014 Profile of Home Buyers and Sellers, compiled by the National Association of Realtors® (NAR) research staff and released by Florida Realtors provides some insights.

Florida 2014 highlights

Home buyer characteristics

  • 24 percent of home buyers were first-time buyers in Florida, compared to a national level of 33 percent
  • 14 percent of buyers purchased a multi-generational home because older children moved back, to save money or to take care of aging parents
  • The typical buyer was 54-years-old; the typical first-time buyer was 33; and the typical repeat buyer was 59
  • 67 percent of buyers were married

Characteristics of homes purchased

  • New home purchases continue to drag at a share of 18 percent
  • 81 percent of buyers purchased a detached single-family home
  • 21 percent of buyers over the age of 50 bought a home in senior-related housing

The home search process

  • 40 percent of home buyers nationally started their home search online; 12 percent relied on the Internet for information about the process
  • 91 percent of Florida buyers used the Internet in some way during the home search process, but only 12 percent used a mobile device – noticeably less than the 50 percent nationally who used a mobile device
  • 97 percent of Florida buyers view real estate agents as a source of useful information
  • The typical home buyer searched for 10 weeks and viewed 10 homes
  • 87 percent of Florida buyers were at least somewhat satisfied with the process

Home buying and real estate professionals

  • 85 percent of buyers purchased their home through a real estate agent or broker
  • 35 percent of buyers found their agent through a referral from a friend or family member; 10 percent used an agent they had used before
  • 54 percent of recent Florida buyers only interviewed one agent before choosing representation
  • 89 percent of buyers would use their agent again or recommend them to others

Financing the home purchase

  • 77 percent of Florida buyers financed their home purchase – less than the 88 percent who did so nationally
  • 25 percent of buyers said the mortgage application and approval process was somewhat more difficult than expected; 24 percent said it was much more difficult than expected
  • In Florida, 82 percent of buyers believe their home is a good financial investment

Home sellers and the selling experience

  • The typical seller lived in their home for 11 years
  • 87 percent of sellers were assisted by a real estate agent
  • In Florida, sellers typically sold their homes for 97 percent of the listing price, though 50 percent reduced their asking price at least once
  • 15 percent of sellers had to delay their home sale because the value of their home was worth less than their mortgage
  • 29 percent of sellers offered incentives to attract buyers – most often assistance with home warranty policies and closing costs

Home selling and real estate professionals

  • 35 percent of Florida sellers using a real estate agent relied on a referral from friends or family; 21 percent used an agent they worked with previously
  • 65 percent of home sellers only contacted one agent before selecting one
  • 92 percent of sellers reported that their home was listed or advertised on a multiple listing (MLS) website
  • Among sellers who used an agent, 81 percent said they would definitely (68 percent) or probably (13 percent) use that real estate agent again or recommend him or her to others

For-Sale-by-Owner (FSBO) sellers

  • 12 percent of Florida home sellers sold their home without the assistance of a real estate agent. Of those sellers, 33 percent already knew the buyer
  • 8 percent of Florida FSBO sellers who did not already know the buyer sold after the buyer contacted them
  • 50 percent of Florida FSBO sellers said they went the independent route because they did not want to pay a fee or commission

The complete Florida 2014 Profile of Home Buyers and Sellers can be downloaded from Florida Realtors website.

© 2015 Florida Realtors®

Reprinted with permission Florida Realtors. All rights reserved.

If 2015 has a move in store for you, give me a call 239-594-2780 or E-mail me.  I would be happy to discuss what all the above means in trying to buy or sell a home in Pelican Bay.

Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES. If you are planning on selling your Pelican Bay home, I would be happy to give you a candid assessment of the Pelican Bay real estate market.

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

Do you have some photos of Pelican Bay you would enjoy sharing? If you are a member of FaceBook, you can login in and join the Florida Beaches and Spectacular Sunsets to posts photos, videos and experiences about Pelican Bay.

Care to comment about living in Pelican Bay? Just click on the ADD COMMENT link at the end of this entry.

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 36 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Website | Twitter | FaceBook

 

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WASHINGTON – Jan. 5, 2015 – After a slowdown in the market this year, housing analysts and economists have high hopes for 2015. The real estate market is expected to build momentum across the board next year, mostly due to a strengthening economy.

Positive trends

Millennial force: Overall, employment is on the rise, but jobs for Millennials – particularly those aged 25 to 29, has risen by 3 percent – one percentage point above the nationwide rate. According to some forecasts, Millennials are expected to drive two-thirds of household formations over the next five years. The forecasted addition of 2.5 million jobs next year, as well as an increase in household formation, will likely drive more first-time homebuyers into homeownership, according to realtor.com projections.

Home prices stabilize: The double-digit price increases in 2013 have slowed, and stable growth was the trend in 2014. As investors retreated from the market, so have the rapid home price increases. Prices are expected to continue edging upward in 2015, with realtor.com predicting a 4.5 percent price gain.

“After two years of abnormally high levels of home-price appreciation in 2012 and 2013, price increases moderated throughout 2014,” realtor.com notes in its 2014 Housing Review. “We are now experiencing increases in home prices consistent with long-term historical performance.”

Mortgage rates rising: Interest rates over the past few months have been dipping below 4 percent, lowering the borrowing costs of homebuyers and refinancing homeowners. However, don’t expect the low rates to stick around much longer. Mortgage rates are predicted to rise this year. Freddie Mac projects mortgage rates will likely average 4.6 percent but inch up to 5 percent by the end of 2015.

Return of the 3 percent downpayment: New programs with lower downpayments are popping up to help more buyers break into homeownership. In early December, Freddie Mac and Fannie Mae announced conventional loan downpayment programs that will allow qualified first-time buyers to secure a fixed-rate mortgage with a 3 percent down payment. Prior to that, they needed at least 5 percent.

Also, “there are many states as well as national programs, which offer grants that range from 1 to 5 percent to be used for a downpayment or closing costs,” writes Damian Maldonado, co-founder of American Financing Corp., at CNBC. “These easing loan standards will allow more first-time buyers to enter the market.”

Housing affordability declines: Affordability for homes, based on home-price appreciation and rising mortgage interest rates, will likely fall by 5 percent to 10 percent in 2015, according to realtor.com forecasts. However, the decline in affordability could be offset by an increase in salaries for many households. “When considering historical norms, housing affordability will continue to remain strong next year,” realtor.com notes in its report.

New-home sales rebound: Single-family new-home starts barely budged in 2014 compared to 2013, and new-home sales remain far from normal levels. But that could finally turn around in 2015. New-home sales are expected to rise 25 percent as single-family construction picks up traction in 2015. The National Association of Realtors  projects single-family housing starts will rise to 820,000 in 2015, though that number is still below the 1 million historical average.

In the latest new-home report, sales dipped 1.6 percent in November, but builders remain optimistic. “As the labor market and broader economy continue to strengthen, we can expect the housing sector to gain momentum heading into next year,” says David Crowe, chief economist for the National Association of Home Builders.

Foreclosures recede to pre-recession levels: The number of foreclosures is expected to continue to fall in 2015, but expect them to still be elevated in some pockets across the country – particularly in judicial states, such as Florida, where foreclosures must wind through the courts.

Foreclosure filings declined for much of 2014. From January through November, foreclosure filings fell about 172 percent compared to the same period one-year prior, according to RealtyTrac data.

The only uptick has been in foreclosure auctions, which are up 5 percent in November 2014, compared to one year earlier. Foreclosures will likely fall to pre-crisis levels in 2015, Blomquist predicts.

Drop in oil prices will boost housing: Oil prices have plunged 45 percent since June, which could inadvertently provide a lift to the housing market. “Households in the U.S. spend more than $1,800 on energy-related costs annually, and 22 percent of that energy consumption is due to residential real estate,” according to CoreLogic’s 2015 Housing Outlook. “So while the drop in oil prices typically has been linked to a reduction in driving-related expenses, it clearly also reduced energy-related expenses for residential real estate.”

Rent rises to outpace home-value growth: An increase in rental costs in 2015 will likely outpace annual home-price gains. Expect the rental market to remain a “landlord’s market” in 2015, with vacancy rates expected to stay below 5 percent, according to the NAR. That should lead to demand pushing rents up even higher and keeping them above inflation, notes NAR Chief Economist Lawrence Yun. Apartment rents are projected to increase 4 percent once 2014 numbers are released, and 4.1 percent in 2015.

Stronger economy leads to greater confidence: A stronger economy will likely increase housing demand in 2015. “Overall, the economy finally appears to be gaining enough momentum to help provide the support that the housing market (needs) for a stronger recovery,” Sam Khater, deputy chief economist at CoreLogic, notes in the company’s 2015 Housing Outlook. As proof, he cites the “combination of stronger employment growth and especially Millennial job growth.”

“Moreover, the recent drop in oil prices cannot be overstated, because not only does it directly lower the transportation and home energy costs for households, but it also improves consumer confidence,” Khater adds. “And confident consumers are more likely to spend money on big ticket items, which is sweet music to the ears of the real estate market.”

Source: Melissa Dittmann Tracey, REALTOR® Magazine

© 2014 Florida Realtors®

Reprinted with permission. Florida Realtors®. All rights reserved.

If 2015 has a move in store for you, give me a call 239-594-2780 or E-mail me.  I would be happy to discuss what all the above means in trying to buy or sell a home in Pelican Bay.

Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES. If you are planning on selling your Pelican Bay home, I would be happy to give you a candid assessment of the Pelican Bay real estate market.

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

Do you have some photos of Pelican Bay you would enjoy sharing? If you are a member of FaceBook, you can login in and join the Florida Beaches and Spectacular Sunsets to posts photos, videos and experiences about Pelican Bay.

Care to comment about living in Pelican Bay? Just click on the ADD COMMENT link at the end of this entry.

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 36 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at MailTo:Lynn@NaplesBuys.comor call 239-594-2780.

YouTube | Linkedin | Website | Twitter | FaceBook

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Pelican Bay – Naples, FL – I ran across this article that talks about 9 items to consider when purchasing a vacation home. As Pelican Bay is a wonderful place to own, I thought you might find this article interesting if you are just starting to think about owning a vacation home.

Vacation Home Primer.

If you would like help going over the these suggestions, I’m always here to help!

Want to see what homes are selling for in Pelican Bay? Click here: HOME SALES. If you are planning on selling your Pelican Bay home, I would be happy to give you a candid assessment of the Pelican Bay real estate market.

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

Do you have some photos of Pelican Bay you would enjoy sharing? If you are a member of FaceBook, you can login in and join the Florida Beaches and Spectacular Sunsets to posts photos, videos and experiences about Pelican Bay.

Care to comment about living in Pelican Bay? Just click on the ADD COMMENT link at the end of this entry.

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 36 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.

YouTube | Linkedin | Website | Twitter | FaceBook

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