13243 WEDGEFIELD DRIVE Open House Today 11:30-2
SPARKLING GOLF COURSE AND LAKE VIEWS FROM THIS 2 BED + DEN (with closet so could be 3 BED), 2 BATH VILLA in SOUGHT AFTER WEDGEFIELD VILLAS in IMPERIAL GOLF ESTATES
Listed at $560,000
Go HERE to view photos and video, or call Andrew Oliver on 617.834.8205 to arrange a private viewing.
And read these articles:
Florida News
Insurance Reform : Premiums still rising sharply
Naples Mid-year 2023 Market Stats
(more…)
Naples Mid-year 2023 Market Stats
And read these articles:
Florida News
Insurance Reform : Premiums still rising sharply (more…)
Open House TODAY: 13243 Wedgefield Drive In Imperial Golf Estate
As you enter through the private courtyard and double front doors you are greeted by a cheerful and sunlit living room boasting soaring ceilings, where you can relish in breathtaking views of the golf course and serene lake. 🏡☀️
Wake up to the melodic sounds of morning doves and catch glimpses of majestic eagles soaring overhead or deer passing by. In the evenings, unwind on your lanai or in the living room, and witness the mesmerizing beauty of vibrant sunsets that will leave you in awe. 🦅🦌🌇
With two bedrooms and a versatile den/bedroom option (complete with a closet), this home offers the perfect layout to accommodate both you and your guests. The oversized two-car garage includes convenient built-in storage, ensuring ample space for all your belongings. 🛏️📚🚗
Indulge in the upgraded features, including sleek quartz counters in the kitchen, luxurious walk-in showers in both bathrooms, and impact windows throughout the living room and bedrooms, providing added safety and tranquility. 💎🚿🪟
Located within the highly sought-after Wedgefield Villas, nestled within Imperial Golf Estates, this 28-unit community offers a lifestyle that surpasses expectations. Please note that membership to Imperial Golf Estates is separate from home ownership. 🏘️⛳
Situated in the desirable North Naples area, you’ll enjoy proximity to pristine beaches, a plethora of dining options, and shopping delights at Mercato. Additionally, the convenience of a short drive to Southwest Florida International Airport ensures easy travel for your getaways. ✨🌴🛫
Don’t miss the opportunity to make this your dream home in paradise. Caome to today’s Open House from 1-4 pm or contact me today to schedule a viewing and embark on a new chapter of luxurious living in North Naples!
Andrew Oliver 617.834.8205
#LuxuryLiving #NaplesRealEstate #GolfCourseViews #LakefrontLiving #SunsetParadise
And read these articles:
Florida News
Insurance Reform : Premiums still rising sharply (more…)
Collier County property values up 20% in last year
Despite the destructive force of Hurricane Ian, property values in Collier County have not only held steady but have actually increased significantly. According to the county’s tax roll data released on July 1, property values have risen by 20% since last year, reaching a total of $222.5 billion, up from $185.3 billion in 2022.
Several factors have contributed to the rise in property values in 2023. High construction costs, increasing land values, a tight inventory, and higher sale prices have all played a significant role in this upward trend, as reported by the Collier County Property Appraiser’s Office.
Concerns that Hurricane Ian would negatively impact property values have been proven unfounded. (more…)
Naples Single Family Market Summary YTD May
Overall in Naples, the median price of Single Famly homes sold in the first 5 months of 2023 increased 4% on a 25% decrease in sales. As usual, there were variations by area.
In July I will publish a report showing the breakdown by Quarters and also showing a longer-term view as in my Q1 statistics.
And read these articles:
Florida News
5 things people don’t know about Naples
How to protect your house from title fraud
News from District 2
Q1 Market Stats (more…)
Naples Villa Market Summary YTD 2023
Overall in Naples, the median price of Villas sold in the first 5 months of 2023 was steady on a 28% decrease in sales, with variations from area to area.
In July I will publish reports showing the breakdown by Quarters and also showing a longer-term view as in my Q1 statistics.
And read these articles:
Florida News
5 things people don’t know about Naples
How to protect your house from title fraud
News from District 2
Q1 Market Stats (more…)
Naples May Market Summary
A more detailed analysis will be published shortly.
And read these articles:
Florida News
5 things people don’t know about Naples
News from District 2
Q1 Market Stats
Naples a top city for corporate headquarters post-pandemic
Naples grabs No. 1 spot on this ‘Best Places to Live’ list
Collier County : news from District 2 Commissioner
District 2 in North Naples spans from Pine Ridge Road to Bonita Beach Road at the Collier-Lee county line.
Click District 2 Update to read the latest newsletter.
Features include new business openings; new residential construction; affordable housing plans; storm risk management; July 4 plans – and much more. (more…)
5 things people don’t know about Naples
Rich Native American History: Naples has a rich Native American history that predates European settlement. The Calusa tribe, known for their sophisticated shell mound constructions and fishing techniques, inhabited the region for thousands of years before contact with Europeans. The remnants of their civilization can still be found in archaeological sites and shell mounds around the area.
Secret Mangrove Tunnels: Naples is home to a network of secret mangrove tunnels that can be explored by kayak or paddleboard. These hidden waterways wind through dense mangrove forests, offering a unique and adventurous way to experience the natural beauty of the area. Many visitors and even some locals are unaware of these hidden gems, making it a special find for those who stumble upon them.
Ancient Fossil Discoveries: Naples is a treasure trove for fossil enthusiasts. The region’s ancient limestone deposits have yielded remarkable fossil discoveries, including those of prehistoric sharks, giant sloths, and mastodons. The Naples area is particularly famous for its well-preserved shells and shark teeth that can be found on the beaches and in the surrounding waters.
The Birthplace of Swamp Buggy Racing: Naples is the birthplace of a unique motorsport called “swamp buggy racing.” In the early 20th century, hunters and fishermen needed a way to navigate the swampy terrain, so they modified their vehicles to tackle the challenging conditions. Over time, these modifications led to the development of a competitive racing sport that has become a local tradition. Naples hosts the annual Swamp Buggy Races, where drivers compete on a specially constructed track filled with mud, water, and obstacles.
A Haven for Birdwatchers: Naples is a paradise for birdwatchers, with a diverse range of avian species that inhabit the area. The city is home to several important birding sites, including the Corkscrew Swamp Sanctuary, which provides a protected habitat for numerous rare and migratory bird species. From majestic bald eagles to vibrant roseate spoonbills, birdwatchers can find a wealth of feathered friends to observe and photograph in the Naples area.
And read these articles:
Florida News
Q1 Market Stats
Naples a top city for corporate headquarters post-pandemic
Naples grabs No. 1 spot on this ‘Best Places to Live’ list (more…)
First Quarter Market Stats
Here are the Q1 stats (and 3-year history) for areas:
Naples Q1 2023 Stats
Bonita Springs_Q1 2023 Stats
and communities:
Bay Forest Q1 2023 Stats
Bonita Bay Q1 2023 Stats
Imperial Golf Estates Q1 2023 Stats
Island Walk Q1 2023 Stats
Pelican Bay_Q1 2023 Stats
Pelican Marsh Q1 2023 Stats
And read these articles:
What drives Mortgage Rates in one chart
Lies, Damned Lies and Inflation “Statistics”*
HOW AND WHEN WILL HOUSING REBOUND?
Why Mortgage rates Will Fall
Florida lawmakers eye property insurance reforms
Over the past year, state lawmakers have made changes on paper through several attempts to cure Florida’s property insurance crisis. But a homeowner in Florida who opens their annual renewal and sees their premium has increased, or finds out their carrier has suddenly dropped them, may not have noticed anything different.
State Sen. Jim Boyd, R-Bradenton, noted during the first of last year’s special sessions to address insurance that relief from any measures taken by lawmakers wouldn’t be realized for at least another 18 months. That session took place in May 2022.
Since then, two hurricanes hit the state. Lawmakers then held a second special session on insurance in December. Six property insurance companies were declared insolvent last year. Citizens Property Insurance Corp., the state-run “insurer of last resort,” continues to grow with more than 1 million policies.
And now the annual, 60-day regular legislative session is underway. The session is largely where party-line battles are taking center stage, but not insurance. And those homeowners with delayed or unfulfilled property damage claims may find their legal recourses slashed, owing to legislation approved in the special sessions to limit what the insurance industry and lawmakers said was too much litigation over property insurance claims and disputes between homeowners and their insurers.
The story remains the same as it was a year ago: it’s lawyers, contractors and public adjusters versus lawmakers and insurance companies. (more…)
Naples a top city for corporate headquarters post-pandemic
Move over New York and Chicago. Step aside San Francisco.A new study names Naples as a top city for corporate headquarters post-pandemic. Additionally Naples grabs No. 1 spot on this ‘Best Places to Live’ list
The Boyd Co., a corporate site selection consultant based in Princeton, New Jersey, conducted the national study.
The results reflect the “new normal” of remote work and the growing “fiscal and quality of life challenges” in more traditional hubs for head offices, such as “The Big Apple.”
The study included an examination of annual operating expenses and a review of state tax structures.
The cost analysis is based on operating a new, top tier Class A, 75,000-square-foot corporate headquarters, with 200 administrative support workers, from top to bottom.
The estimated outlay in Naples: Roughly $19.2 million a year.That compared to more than $21.1 million in Everett, Washington, the most expensive to operate in, and less than $17.8 million in East Brainerd, Tennessee, the cheapest – among the top cities named in the study.
Asked if the study is confined to city limits, John Boyd, principal of The Boyd Co., said it’s not, with labor pools, support services and real estate options extending beyond those boundaries.For Naples, that means “you should assume the wider Collier County.”
The study factored in all major geographically-variable cost factors considered critical to the corporate site selection process, including labor, real estate, construction, utilities, taxes and travel.(Naples Daily News)
And read these articles:
What drives Mortgage Rates in one chart
Lies, Damned Lies and Inflation “Statistics”*
HOW AND WHEN WILL HOUSING REBOUND? (more…)
Naples grabs No. 1 spot on this ‘Best Places to Live’ list
People who live in Naples already know it. But every now and then it’s good to get a reminder that the popular Southwest Florida city, known for everything from great golf to great health care, is a fantastic place to live.
According to Schoolaroo, a nonprofit educational research company and scholarship website engine, Naples is the No. 1 place to live in the United States.
This study compared 151 cities across 47 metrics distributed in 9 key relevant categories: Crime & Safety, Affordability, Economy, Quality of life, Leisure and entertainment, Health care, Education, Employment, and Infrastructure.
Naples scored top overall rankings in health care (number of hospitals) and leisure and entertainment. Also in the Top 10 were education (3) for highest number of public schools, crime and safety (4) and economy (9). (Naples Daily News).
And read these articles:
Naples a top city for corporate headquarters post-pandemic
What drives Mortgage Rates in one chart
Lies, Damned Lies and Inflation “Statistics”*
HOW AND WHEN WILL HOUSING REBOUND? (more…)
Naples Area January Market Video Report
Here is a short video to accompany the graphic. Note that this is an overview – contact me for more specific area or community updates.
Mot mentioned in the video: the median Single Family sale price increased 6% to $715,000, and the median Condo price increased 13.5% to $482,500.
Pending sales rebounded as the new year began. In fact, pending sales in January were remarkably higher than pending sales not only in December (682), but also compared to January 2019 (660) and January 2020 (892). Though compared to last January’s phenomenal sales activity, pending sales this January decreased 20.5 percent to 1,092 pending sales from 1,373 pending sales in January 2022.
And read these articles:
What drives Mortgage Rates in one chart
Lies, Damned Lies and Inflation “Statistics”*
HOW AND WHEN WILL HOUSING REBOUND?
Why Mortgage rates Will Fall
Buyers Undeterred in Ian’s Hardest-Hit Areas
Home Prices After Ian? Probably Going Up
How have home prices behaved after previous major Hurricanes?
How to protect your house from title fraud
Expansion Plans for Fort Myers Airport
Guide to Buying and Selling in Southwest Florida
Market Summaries
The story in 2022 was that prices continued to rise, while sale dropped sharply
Bonita Springs 2022 Housing Market Report
Florida Market Update in 4 minutes
Sales Resemble Pre-Pandemic — But Not Pricing & Inventory
- Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
Andrew.Oliver@Compass.com
m 617.834.8205
New Listing in StoneCreek, North Naples
My real estate team, the Feins Group, has a listing in StoneCreek in North Naples hitting the market this week. You can view professional photos, take the virtual 3D-walkthrough tour, and read all about the features here
