Location: West of Hwy 41 on Vanderbilt Drive, N Naples Welcome to your coastal retreat in the serene community of Bay Forest! This ground floor end unit in Bermuda Bay 1 – 15405 Cedarwood Ln, unit 101 -offers convenience and tranquility. With 2 bedrooms plus a den and 2 bathrooms, this home is perfect for those seeking comfort and space. The private courtyard and direct access from the deeded carport make everyday living a breeze – no more lugging groceries through parking lots! New tile roof (2021), brand new A/C, boardwalk construction about to start (seller will pay assessment).
Contact me today – 617.834.8205 – for a private viewing!
And go HERE for a video and more photos!
The private courtyard and direct access from the deeded carport make everyday living a breeze – no more lugging groceries through parking lots!
Enjoy the new tile roof and brand new A/C system for worry-free living.
Situated on 150 acres of natural beauty, Bay Forest provides a peaceful setting bordering the backwaters of the Gulf. Delnor Wiggins and Barefoot beaches are just a few miles away, while Southwest Florida International Airport is a convenient 30-minute drive.
Residents of Bay Forest enjoy over two miles of walking paths, including a new $4.5 million boardwalk about to be under construction (seller will pay assessment), which will extend through mangrove preserves and into the Gulf.
Tennis and pickleball enthusiasts will appreciate the resurfaced courts. The clubhouse serves as the hub for social events and indoor activities, featuring spacious rooms, a fully equipped kitchen, bar, library, gym, and more. Don’t miss this opportunity to experience the beauty and diversity of Southwest Florida living at Bermuda Bay 1.
Contact me today for a private viewing!
And go HERE for a video and photos!
The recent pullback in mortgage rates is spurring more homeowners to put their homes up for sale, though the increases so far have been too modest to return the housing market’s inventory of available properties back to pre-pandemic levels.
The number of active listings, a tally of U.S. homes on the market that excludes those pending a finalized sale, climbed 4.9% to 714,176 in December from a year earlier, the biggest annual increase since June, according to data released this week by Realtor.com.
A big part of the increase was due to a 9.1% jump in new listings, or properties that made their market debut in December, which posted an annual increase for the second time after 17 months of declines.
As is typically the case, active listings declined in December from the previous month, falling 5.5%. But the drop was less than the typical decline of 6.8% to 13.2%, Realtor.com said.
While the pickup in home listings is a welcome development for prospective homebuyers, the housing market remains constrained with for-sale inventory still well below pre-pandemic levels.
Consider that active listings were down 30.9% in December compared to the same month in 2019, while new listings were down nearly 12%.
Housing economists expect that the average rate will continue to decline this year, though forecasts generally see it moving no lower than 6%.
That may not be enough to motivate many homeowners to sell, given that some two-thirds of U.S. homes have a mortgage with a rate under 4% and more than 90% have a rate below 6%.
That means the upcoming spring homebuying season is likely to favor sellers as homebuyers compete for a relatively limited number of homes for sale. (Florida Realtors)
- Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor