Naples, Florida is a paradise and will remain as one of the most desirable cities to live in the U.S.
Buyers: Inventory levels remain incredibly high (Increased pending sales and lots of listings, specially bank owned). Foreclosures (Bank owned and Short Sales) will remain high through next year increasing our inventory and sales. Developers and sellers (competing with foreclosures is tough) are reducing prices and offering different types of buying programs and incentives (You just have to know how to ask for them). Listen up Buyers BUY NOW ALL THIS FORECLOSURES have made this market into a buyers market. Now you can find some excellent deals!!! So take advantage of this market and sit down with your realtor (me) to analyze your next purchase. Remember your return on the investment is made at point of purchase not when selling. Real Estate cycles have their ups and downs and if you are thinking about buying- Now is the time.
FIRST HOME BUYERS- MUST BUY NOW WITH LOW INTEREST RATES AND INCREDIBLE PRICES PLUS RIGHT AFTER YOUR PURCHASE SPEAK TO YOUR CPA TO GET YOUR IRS MONEY ONLY FOR FIRST HOME BUYERS UP TO $8,000 BACK JUST EXTENDED UNTIL MAY 1ST, 2010.
Sellers: If you have to sell, the most important factor is pricing your property fairly and realistically. Realize this key issue before you enter the market not 6 months later. Forget about your friend that sold in 2007 or 2008 for more than what you are asking today (2009)!! Look at your competition as well as visiting your neighbors' open houses and see what buyers are looking at. Buyer's first impressions are very important, so think about giving your home a make-over. Offer incentives. Besides pricing your property a bit lower than your competition, think about contributing towards the buyers closing costs, paying buyer's discount points for a lower mortgage rate, moving allowances and/or flexibility on move-in date.
Perhaps the greatest influencer in getting your home sold is entering the market with a home that's priced correctly. Over-priced homes won't get favorable attention; they lose out to the ones that are reasonably priced. All sellers are looking for the highest price for their home. That's why some sellers want to start at the highest point, maybe even asking a higher price than what they really believe they can get -- the continued readjustment of price can be a humbling ride down to finding the reasonable price to sell the home. Still dropping the price sounds like an okay strategy, some sellers think. Here's the problem, especially in today's current market conditions where numerous sellers are competing for fewer buyers -- adjusting price down may come too late and cost the seller less in gain than if the home were priced correctly from the start.
Location Characteristics: Naples is the crown jewel of Southwest Florida -- nestled on the sun drenched beaches of the Gulf of Mexico. Naples is known for world class shopping, dining and abundant, challenging golf courses. It is also, only steps away from island seclusion or the untamed tropical wilderness of The Everglades. Boasting one of the nation's best sandboxes and calmest seas, Naples makes a splash with water lovers and recreationists. Friendly parks beckon sports enthusiasts and picnickers with lovely green spaces and recreational facilities.
