Everything you need to know about naples homes for sale,marco island houses,condos, real estate, subdivisions,collier county, relocation, downing-frye realty inc
More foreclosures are on the way and with more foreclosures comes more inventory. The first wave of foreclosures is getting cleaned off the books. The second wave has started and will continue in full force for the next 12 to 18 months. Foreclosure inventory is expected to increase again and in the same numbers as the first round of foreclosures did over the past 3 years–or more! As inventory increases, the immutable laws of supply and demand influence the marketplace.
We are going to see a continued trend in the market wherein the predominance of sales will be foreclosures and distressed properties. This information is great for Buyers because there is less emotion and attachment to properties when they are being liquidated.
All of this presents quite the dilemma for the real estate industry. You have a market that requires agents to be skilled liquidators and knowledgeable about foreclosures and short sales. CAUTION — The majority of real estate agents have no idea how to make their way through the foreclosure process.
If you are looking to take advantage of the wealth of opportunities in this market, call or email me. Since 1988, I have a successful history of handling foreclosures and short sales in the South Forida area. My market is Naples, Florida.
Give me a call and let’s liquidate some property or find you that perfect home to live in or investment property in one of the most beautiful cities in Florida, Naples. And we will do it at a great price!
Retiring to Florida doesn’t have to necessarily mean taking up residence in a bland community where there is nothing to do. Seize the day and add Naples to your list of ideal places to retire in Florida.
The current mortgage crisis has created never-to-be-repeated opportunities to once again grab the chance of retiring to this lovely area. The video below highlights some of the reasons why you want to be here too.
A new home community, Cordoba, is offering a fly-and-buy program giving you a perfect chance to see and feel the Cordoba lifestyle.
They have adjusted their prices to reflect the current market as well as adjusted their base pricing and lot premiums. The new pricing was obtained by aggressively re-bidding the construction of their homes which resulted in a dramatic cost reduction. The objective was stimulate sales and pass along as much savings as possible to their customers.
The reaction to the new pricing has been fantastic. They just finalized a new build contract on one of their premium lake lots and signed 4 additional pending contracts within the last 3 weeks. Currently, they are in serious discussion with several other buyers. Sales are certainly heating up.
Their floorplans are very exciting. With the location being just 15 minutes to Marco Island beaches and 15 minutes to Olde Naples downtown area, and just 15 minutes to major highways connecting all of South Florida, the location can’t be beat.
Cordoba is a gated community.
Please let me know if you would be interested in the Fly and Buy Program. If you register to travel to Naples and purchase at Cordoba, you will be reimbursed up to $1000 for domestic travel and $1,500 for International travel.
Lori
This is a reprint of an article that I thought you might find very interesting:
America’s most overvalued cities
By Les Christie, staff writer for CNN
NEW YORK (CNNMoney.com) — Don’t say we didn’t warn you.
In January 2006, CNNMoney published a ranking of 299 U.S. housing markets, showing where home prices were most overvalued. Little was undervalued: Real estate was white-hot and prices were at or near what later proved to be their tops.
A total of 213 cities were overpriced, and Naples, Fla., was deemed the most insane, with 84% of homes valued over a fair market price, according to statistics compiled by National City Corp. and IHS Global Insight.
That finding so rankled the Naples Chamber of Commerce and area real estate agents that they hired economists to dispute the evaluation, according to Richard DeKaser, the real estate consultant who engineered the report for National City.
What a difference four years makes.
Today, Naples real estate sells at a 29% discount and the median home price is just $165,500, down from more than $390,000, according to the newly released 2010 report compiled by IHS Global Insight and PNC Financial Services (PNC, Fortune 500) (which bought National City).
Nationwide, just 87 markets are considered overvalued, and Naples is now the 15th most undervalued area. Nearly all markets — 242 of 330 — are considered priced below fair market.
Any discussion of high profile, residential real estate would be incomplete without mentioning Lori Bender and her talented support team. But what makes her different?
Testimonials “My clients appreciate the fact that I am a seasoned negotiator and have a thorough knowledge of contracting. They know that I can handle challenging real estate transactions and have a proven history of resolving serious buyer and seller issues. When a problem pops up (and it often does), 99.9% of the time I know what the solution is. As you know, that level of knowledge can only be gained through experience — by being immersed in the real estate profession for many years and through thousands of transactions.” Lori’s more than 20 years as a real estate Broker and working full-time handling the purchase and sale of luxury homes (plus the expertise and talent of her superior support team), means that her clients receive service that is said to be unparalleled in the Naples and Marco Island real estate markets. Her clients enjoy best-in-industry service, state-of-the-art marketing, and the most pleasant real estate experience of their life. But you want to know something personal about Lori, right? Okay, here it is… A few years ago I was lucky enough to be privileged with being the main caregiver for two seniors in my life. Many of you share that experience with me. With all its challenges, that journey encouraged me to write a book about caring for the elderly at home. If you would like to know more about that, go to:www.CaringForTheElderlyAtHome.com When looking to join a real estate company in the Naples area, there was no question that Lori was going to the best. That was Downing-Frye Realty. The Downing-Frye name has been a part of Naples since the early 1960’s. With over 600 agents, it is the largest in the area. Every year since 2003, Downing-Frye has been voted Best Real Estate company by the Naples Daily News readers. This means a lot. Downing-Frye has earned the respect of the community and works hard to maintain it.
When looking to join a real estate company in the Naples area, there was no question that Lori was going to the best. That was Downing-Frye Realty. The Downing-Frye name has been a part of Naples since the early 1960’s. With over 600 agents, it is the largest in the area. Every year since 2003, Downing-Frye has been voted Best Real Estate company by the Naples Daily News readers. This means a lot. Downing-Frye has earned the respect of the community and works hard to maintain it.
Lori Bender REALTOR®
Downing-Frye Realty,INC.
3411 Tamiami Trail
Naples Fla-34103
Cell-239-234-0387
Fax-239-304-9918 E-mail me http://www.loribender.com
