Is This Your Situation: I’m a Home Buyer/Seller Navigating Multiple Offers When you are searching for a home in a seller’s market, the seller holds all of the chips. There are usually not many other options, as inventory is very tight. Thus, every interested buyer in your area is looking at the same small… [Read More]
Blog
Buying A Home Sight Unseen
Is This Your Situation: Considering Buying a Home Sight-Unseen? It may sound like a huge risk to invest thousands of dollars in a home that you haven’t seen yet, but many buyers from out of state or overseas purchase homes sight-unseen. If you are looking to relocate, invest or simply want to jump on… [Read More]
These Loans Help You Buy A Home Before You Sell The One You Have
Building your own home is a huge undertaking with many costs along the way. To make sure they can meet these expenses in a timely fashion, many homeowners turn to construction loans. These short-term, variable-rate loans are priced at short-term interest rates. Your lender pays the builder on a prearranged schedule as your home is… [Read More]
What do Buyers Want?
What Buyers Want – Do You Agree? I was browsing through a popular mortgage blog a couple days ago and this captured my attention: A recent study conducted by Porch.com revealed the top features buyers across several generations listed as being very important in their home search. Among the top 10 were finished basements,… [Read More]
Looking for the Best Home in Your Budget
You’re neither rich nor poor, and you’re ready to buy your first home. You look around—all those homes on the market, but they all seem priced out of reach. Cheer up. You’re not alone. With some solid real estate counseling and some help from your lender and/or sellers and others, you can not only get… [Read More]
How Can I Package My Home to Impress Buyers?
After a full day of house hunting, even the hardiest shopper has difficulty remembering each home they visited. A selling display featuring your property’s benefits is a great way to be sure your home stands out. We’ve used the following marketing strategies to successfully sell many homes. They could work for you to! Creativity Counts… [Read More]
Wondering if a Fixer-Upper is a Good Investment
Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in competitive markets and rising in… [Read More]
A Newly Empty Nest? 5 Changes Your Kid Free-Home Needs
The house you raised your family in has seen a lot — a lot of love and laughter and maybe a little turmoil. Now that your home is officially kid-free, it is in dire need of some enhancements so you can make a smooth transition from being a full-time parent to having a less hands-on… [Read More]
Staging Your Home for a Rapid Sale
We’ve all done it. Taking a Sunday to go out and look at homes for sale, checking in to see the latest style trends, how our home stacks up to the competition and checking out how the seller has ‘staged’ or ‘showcased’ the home. Home showcasing is not about remodeling, fixing up or making your… [Read More]
5 Bathroom Makeover Projects Under $500
Is your bathroom a little outdated and in need of a serious makeover? This may be your situation, but you don’t have the time or money to do a complete bathroom remodel right now. Check out these small bathroom renovation projects to get you started if you’re on a budget. Here’s what you can freshen… [Read More]
Are You Making Any of These 5 Organizing Mistakes?
We all want to keep our homes organized. That’s a no-brainer. But many people struggle to keep their home that way. This is because there are some common behaviors that could be making it difficult for you to stay organized. Are you making any of these five home organization mistakes? Not Sorting by Function Lots… [Read More]
Preparing Your Home for a Photo Shoot
Preparing your home for it’s photo shoot is just as important as preparing your family for your annual portrait. It requires just as much work! Here is a simple guideline to get you started. In today’s real estate market the majority of home purchasers begin their search online, often beginning on their smart phones. The… [Read More]
Cane Toads in Naples, FL
Also known as Bufo Toads or Giant Toads these critters are a real pest. This is the largest of the frogs and toads found in Florida. The toad is not native to the United States. It was originally released in sugar cane fields to help control “white grub” larvae. It became established in southern Florida… [Read More]
April 2018 Market Statistics
We are looking at a what should be a very strong summer market in 2018. As of April 2018, Collier County enjoyed around 7.75 months of inventory compared to a 4 month supply of inventory nationwide. There will be plenty of choices for summer buyers this year. The growth in inventory has been across all… [Read More]
February 2018 Real Estate Market Report
The 2018 Season continues to be strong in Naples! Home Sales overall increased 10% as compared to February 2017. The trend towards a higher overall median price continues as well, this year the median price was $364,000 versus $333,000 in 2017. This was of course due to the increase of closed sales for homes priced… [Read More]
What is a CDD (Community Development District)?
A CDD is a way for a developer to create a new community and pass on the costs of infrastructure, roads, sewers, utility systems to the home buyers. It guarantees to the homebuyers that the infrastructure will be consistently maintained as well as being installed to the highest standard levels throughout the whole community. Generally… [Read More]
Rising Interest Rates – How they affect Buyers
Mortgage interest rates are expected to go up this year. In fact they could go up at least three times if the Federal Reserve raise its short term interest rates. Anytime the mortgage interest rates go up, a group of buyers can no longer afford the home they want. They may be forced to purchase… [Read More]
Beyond the Inspection, what to consider when purchasing a vacation home in Florida
When purchasing a home anywhere it’s important to do an inspection. You need to make sure of the basics; that the home is solidly built, no leaks are occurring or if they have occurred they need to have been remediated by the seller and that the electric systems are working in the home. Upon reading… [Read More]
Resale Vs. New Construction
It’s “Season” here in Naples, FL. Folks from Northern climes (the proverbial Snow Birds) fly down to enjoy the winter season in our Sub Tropical climate. This is traditionally the time when folks selling their home will place it on the market, knowing that the snowbirds will start to think Naples is a beautiful place… [Read More]
2017 Tax Reform Law
Whenever Washington creates a new bill that becomes law, we need to take some time to interpret what are the benefits of that new law. The National Association of REALTORS® has put together a useful summary to help you understand how the new law affects homeowners.. Here are some excerpts directly from that summary about… [Read More]
Real Estate Market Post Hurricane Irma
In order to determine Hurricane Irma’s impact on the Naples, FL real estate market, we need to compare the 4th quarter 2016; to the 4th quarter of 2017. Essentially, we have wait for the 4th quarter to be over. In the meantime, we are able to review the pending sales since Irma’s arrival on September… [Read More]
Naples Post Hurricane Irma
Early September 2017 as Hurricane Irma was barreling towards Florida, we were faced with a difficult question. Do we remain here in Naples and ride out the storm, or do we evacuate to points North? In the end we decided to evacuate to Birmingham Alabama. We were welcomed very warmly and had a great experience… [Read More]
The Benefits of Coldwell Banker Online Marketing
Today 92% of home buyers begin their search online or on mobile apps. Coldwell Banker uses strategic digital marketing to provide powerful exposure for your home and help capture the attention of online buyers. Your home will be found on 725 websites reaching 16 million potential buyers worldwide. The inSight report shows a Seller how many… [Read More]
Mortgage Rates for 2017
The election is having a profound effect in the housing market. While the stock market has had a surge, long term US mortgage rates are ticking upward. The interest rate for a 30 year fixed rate mortgage will average 4.2% in 2017. The bond market has been headed in a downward direction. When bond prices… [Read More]
Before you renovate your home!
Before you renovate your home, consult with your Realtor. Or you may be spending too much. Recently, I met with clients who just finished a renovation on a 1970’s “investment” home. Once completed, they intended to sell. Makes sense right, “reap your rewards”, The issue: their renovation cost + purchase price exceeded the homes value… [Read More]
How much is my home worth?
Call your Realtor and ask! Tell them about your home, email a list of updates, improvements and photographs. Ask them to create a CMA – Comparative Market Analysis of your home based on the real estate market in your neighborhood. The most informative CMA’s will include information about Active, Pending, Closed, Withdrawn and Expired listings;… [Read More]
My neighbor gave their house away!
Chances are… they didn’t. I’d suggest calling your Realtor, asking them to explain what happened. How long was the home on the market? What was the original list price? How many price reductions did they have? What was the list to sales price ratio? And more importantly; what have other homes in your neighborhood been… [Read More]
How to sell your home fast
Be pro-active! Evaluate your home and do the repairs you’ve been putting off, de-clutter by organizing shelves, table tops, closets, pantry and cabinets. Invest in inexpensive updates; door knobs and or pulls, analyze your lighting (track lighting dates a home), are your faucets the shiny brass ones from the 90’s? What about your shower heads,… [Read More]
Insist on professional photography!
Studies reveal 80% of ALL buyers start their search online, and most of them use their phones, shrinking your “open concept kitchen “into a 2×3 inch photo. Make it shine by insisting on high quality professional photography, using a wide angle lens and take the photo from multiple angles. Here’s another hint, the more photographs… [Read More]
Rain or shine, first impression is key!
The first impression of your home happens without your knowing about it. It is when buyers drive or walk by. It’s important to update the landscaping, pressure wash the exterior including the driveway and add colorful plants. Remove the dead ones, prune or replace the shrubs and add fresh mulch. Does the exterior need color?… [Read More]
It’s my home not a product!
Wrong, when you’re selling your home it becomes a product. You have ventured into a partnership with your Realtor on selling your property against the other properties in your neighborhood. The quest becomes how to sell before your neighbor sells. Thinking of waiting for your neighbors home to sell before you list your home? That’s… [Read More]
Don’t insult me with your low ball offer!
It may not be as low as you thought considering the carrying costs until you receive another offer. Add together you mortgage + taxes + insurance + utilities + association dues + household reserves and divide by 12. Ask your Realtor to provide the absorption rate for your neighborhood, then multiple that by your monthly… [Read More]