This Week is Southwest Florida Real Estate

This Week in Southwest Florida Real Estate we’re back in Naples along Vanderbilt Beach Rd where the construction of Vanderbilt Commons has broken ground just west of Vanderbilt Beach Rd and Collier Blvd. This new commercial space, which is owned and operated by Welsh Companies Florida, will include a mix of retail, restaurants, and medical space to accommodate the fast developing area east of I-75. To see other Welsh Companies Florida projects, visit their website at http://welshfl.com.

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We also visit the new construction project at Naples Equestrian Challenge. This will soon become the new equine therapy center that will allow them to help over 200 additional people with special needs in addition to bringing on 4 new therapy horses. To learn more about the Naples Equestrian Challenge including how to become a volunteer or how to donate, visit their website at http://www.naplesequestrianchallenge.org/.

The July market numbers are reviewed and continue to show positive trends in the favor of buyers which leads us to our featured property of the week located at 2895 Tiburon Blvd in Serafina at Tiburon.

For a list of all the open houses in Southwest Florida, across all real estate brokerages, be sure to visit our website at www.Naples.house.

 

Source:  John R. Wood Properties

Visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

 

 

Things to do This Weekend in Southwest Florida

This weekend in Southwest Florida you can hit the theater, pay tribute to Frank Sinatra or Henry Ford, and even get more Pokemon Go action. Harley-Davidson is also promising to double your trouble, and as usual, there’s a long list of open houses from Marco Island to Sanibel Island this weekend.  Check it all out below and make it a great one!

The Naples Pier at Sunset
The Naples Pier at Sunset

FRIDAY

SATURDAY

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A Local Resident

SUNDAY

 

Visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island.

Bonita Bay Club

Visit ‘This Week in Southwest Florida Real Estate’ to learn more about Bonita Bay Club and the newest luxury high-rise Seaglass by clicking on the link below.

Bonita Bay Club
Bonita Bay Club                         http://www.johnrwood.com/swfl-real-estate-tv/ 

 

Seaglass
Seaglass at Bonita Bay

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Redevelopment Heating Up Bonita Springs This Summer

Redevelopment Bonita Springs – Southwest Florida real estate is all about growth and development.  Everywhere you look there is another improvement project underway or new community going up.

Redevelopment Bonita Springs

If you’ve driven through downtown Bonita Springs recently you know that construction efforts along the Old U.S. 41 corridor are no exception. The $18.6 million redevelopment project, which is two years in the making, is actually nearing the midway mark and we aren’t the only ones getting excited about the changes.

Local artists and developers are already lining up with proposals for how they can contribute to what is expected to become a mix of an industrial arts district, commercial space, and new residential real estate opportunities including a 272-unit gated community.  A public kayak launch into the Imperial River will also be included giving residents and visitors full access to the beauty and culture we’ve always known exists in Bonita Springs.

For those of us who are considered locals, or perhaps even the rare native, the renovations bring an exciting outlook for real estate in downtown Bonita Springs which has long taken the back seat to evolving developments on the newer U.S. 41 or Tamiami Trail.

The best part? Developers and city planners are doing everything they can to ensure the small town charm of Bonita stays intact…albeit with a refined style that we’ve all come to expect along the paradise coast.

If you’d like more information on Bonita Springs real estate visit Naples.House for luxury homes for sale in Naples, Bonita Springs, Estero, Sanibel and Captiva Islands, and Marco Island!

John R. Wood: #1 Residential Real Estate Company

John R. Wood: #1 Residential Real Estate Company
John R. Wood: #1 Residential Real Estate Company

When it comes to per agent productivity, John R. Wood Properties sets the bar. RealTrends, the recognized keeper of statistics for the national residential real estate industry since 1988, has named John R. Wood Properties the number one residential real estate company in Florida for per agent productivity and number 18 in the nation for per agent productivity.

Overall, John R. Wood ranked 65 out of 500 brokerages in the nation with total closed sales volume of $2.365 billion.

“Obviously, we knew we were doing well this year, but we didn’t realize how well we were doing against our competition until the RealTrends Report was released,” said Phil Wood, president.  “We know we have the best of the best when it comes to agents and staff and this report has proven it year after year.”

Even more impressive is the fact that many of the competing firms listed as top residential brokerages are affiliates of franchise organizations whereas John R. Wood is an independent, family-owned, and locally-based real estate firm.

The REAL Trends 500 is a leading report that has been ranking the performance of top residential real estate brokerage firms for the last 29 years.  Firms are ranked by both transaction sides and sales volume.  Information collected must be independently verified which is why the the REAL Trends 500 remains the trusted source for information about the performance of real estate firms. For the 2016 REAL Trends Survey firms needed to close a minimum of 1,702 transaction sides in 2015 to place in the top 500.

In addition to these rankings, John R. Wood Properties is Southwest Florida’s oldest major real estate firm representing over 3500 clients annually through its 14 offices from Marco Island to Sanibel and Captiva.

 

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Things to do this weekend in Southwest Florida

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Posted June 3rd

Happy Friday!  We made it through the short week and now it’s time to turn our attention toward weekend events.  The art scene is the big opener for things to do this weekend in Southwest Florida followed by some meditation and perhaps a little quality time with canine friends.  Of course, it  Of course, it wouldn’t be summer without baseball and fireworks so be sure to check out the Miracle game on Saturday.  And what better way to finish up the weekend than with a few belly laughs at the Barbara B. Mann delivered direct from “Weird Al” Yankovic.  We’ve got it all including another line up of over 100 open houses in the area if you want to check out the latest in Southwest Florida real estate.

FRIDAY

SATURDAY

SUNDAY

 

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How to Prepare for Hurricane Season

How to Prepare for Hurricane Season

Hurricane season is officially from June 1 to November 30 and even in paradise we have to prepare for the possibility of more than just afternoon showers.  Now is the time to review the basics of hurricane preparedness to ensure your piece of Southwest Florida real estate, and your family, stays protected.

Screen Shot 2016-06-02 at 8.41.33 AMIf you are a seasonal resident and have returned north for the summer, it’s still a good idea to review these tips.  At the very least, be sure to check on your homeowner’s insurance as well as whether your home meets cu
rrent hurricane building code standards.  You may also want to check out Closing Your Florida Home for the Summer, which offers additional tips on keeping your home safe and secure while you are away.

The 5 Step Hurricane Prep

  1. The first order of business is knowing your home’s vulnerability to storm surge, flooding, and wind, as well as what evacuation zone you live in. Once you know this information you can develop a realistic evacuation plan that includes meet up points with family and the best routes to follow out of town.
  2. Now is also the time to check on your insurance policy. Flooding is not covered by standard homeowner’s insurance, so make sure you have a separate policy for it and keep in mind that there is a 30 day waiting period before flood coverage kicks in.  Don’t delay on getting this coverage activated.
  3. Another step that it pays to get a jump on, is gathering your supplies. Don’t wait until the storm is on its way.  That’s often when many people flock to stores which only results in long lines and empty shelves.  Get a big container ready with supplies you may need to get through the storm like flashlights and a battery powered radio, as well as enough non-perishable food, water, and medicine to last each family member a week – just in case you are left without electricity and water.  Another good back up item to purchase is a portable or solar powered USB charger to keep cell phones up and running and the lines of communication open.
  4. It’s also a good practice to keep a list of emergency contacts including county law enforcement, fire and rescue, hospitals, utility companies, radio and TV stations, and emergency management offices.
  5. Securing the integrity of your home is another key step toward the safety of your family and belongings. Make sure your home is up to current hurricane building code specifications.  You may be surprised at how easy and inexpensive it is to have the proper hardware retrofitted to board up your home and bring it to a higher safety standard that can withstand the winds of a hurricane.We have been fortunate over the last several years but you never know what the hurricane season may bring.  Proper planning and preparation is essential, but our hope is that this hurricane season will pass by as nothing more than another warm Gulfshore breeze.

We have been fortunate over the last several years but you never know what the hurricane season may bring.  Proper planning and preparation is essential, but our hope is that this hurricane season will pass by as nothing more than another warm Gulfshore breeze.

 

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Housing Outlook for 2016: Expect Change

Housing Outlook for 2016: Expect Change   While change is coming to the mortgage market, Freddie Mac says in its 2016 housing forecast that it’s too soon to tell whether marketplace lending is the next Uber or just another flash in the pan.

Home in Quail West
Quail West CC. Home,  Naples FL

“The current generation of marketplace lenders all may fail in the next economic downturn,” says Sean Becketti, Freddie Mac’s chief economist. “Regulators may impose higher standards on marketplace lenders. The cost advantages of marketplace lending may not extend to mortgage lending.”

But Becketti says the new year will undoubtedly bring changes: “Innovation is difficult to stop. New startups will look for ways to improve upon current marketplace lending business models. Large bank lenders may incorporate the most successful of the marketplace lending innovations. It’s difficult to say where all this will lead, but one prediction is indisputable. Expect change.”

Here are five more predictions for 2016 from the mortgage giant:

  1. The 30-year fixed-rate mortgage will likely average below 4.5 percent for 2016 on an annualized basis.
  2. Mortgage rates will gradually move higher posing an affordability challenge. But expect a strengthening labor market and pent-up demand to carry momentum into 2016.
  3. Home prices will likely moderate slightly to 4.4 percent in 2016, driven in part by the reduction in home buyer affordability and reduced demand as a result of Fed tightening.
  4. But industry activity will grow in 2016 despite monetary tightening. Expect total housing starts to increase 16 percent year-over-year and total home sales to increase 3 percent.
  5. While home purchases will increase next year, higher interest rates will reduce the refinance volume pushing overall mortgage originations lower in 2016 than in 2015.

Source: Freddie Mac

 

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Who Gained the Most Equity

This Chart Reveals Who Gained the Most Equity

Naples Sunset
Naples Sunset

The average home seller nets about a 23 percent gain in equity from the time they purchase their property – or about $40,000, according to the National Association of REALTORS®. But a closer look at the data reveals that sellers who purchased their home during certain volatile years tend to fare worse than others.

Home owners who purchased their home eight to 10 years ago—from 2005 to 2007, during the height of the real estate bubble—have earned just $3,000 or 1 percent in equity during that time, says Jessica Lautz, NAR’s managing director of survey research and communication. Those home owners may show the most reluctance to sell their homes, and that may be adding to the inventory shortage in many cities, Lautz says.

Take a closer look at NAR’s latest profile of buyers and sellers report at the breakdown below to see who fares the best in the equity picture:

Tenure in Home        Equity Earned          % Gain in Equity

1 year of less                $31,000                           14
2-3 years                       $30,000                           15
4-5 years                       $35,000                           19
6-7 years                       $31,000                           14
8-10 years                     $  3,000                             1
11-15 years                  $38,000                            23
16-20 years                  $95,000                            63
21 plus years              $138,000                        145
All sellers                    $40,000                            23


Source:  Daily Real Estate News, November 18, 2015

 

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Fine Arts & Culture

Artis – Naples, Fl

Fine Arts & Culture –

 

 

Over the past decade, the arts have transformed Southwest Florida into one of the state’s most cosmopolitan areas.  Audiences delight in our performing arts scene where talented actors, dancers and musicians bring life to Broadway favorites and new plays at Artis-Naples,, the Barbara B. Mann Hall, and intimate community playhouses.  Fine arts lovers will enjoy a host of exceptional galleries and studios.  The galleries are bursting with brilliant renderings of the picturesque local environment, unique wildlife, and breathtaking sunsets.  In addition to the natural selections, you’ll find a wide variety of modernism, cubism, impressionism, and abstract arts.

ARTIS – NAPLES
(239) 597-1900
5833 Pelican Bay Boulevard, Naples
ArtisNaples.org
Artis-Naples is the premier performing arts hall in Southwest Florida.  It is the home to the Naples Philharmonic, an 85-piece chamber rochester; The Naples Philharmonic Chorus, and The Baker Museum.  It hosts more than 400 events a year including world-class dance, opera, classic and popular music, and Broadway musicals.

BARBARA B. MANN
(239) 481-4849
8099 College Pkwy., Fort Myers
BBMannPAH.com
The Barbara B. Mann Performaning Arts Hall offers Broadway touring theater, dance, and musical performances.  IT is located on the campus at Edison Community College.  It offers entertainment of all kinds, from Broadway plays to comedians and musicians.  The Hall is perfect for weddings and receptions!

CALUSA NATURE CENTER AND PLAANETARIUM
(239) 275-3435
3450 Ortiz Avenue, Fort Myers
CalusaNature.org
Calusa Nature Center and Planetarium offers visitors keen insight on Southwest Florida’s natural history. Daily educational programs allow visitors an up0close and personal view of some of the area’s wildlife.e  The stars are always in line for an adventure to the only planetarium south of Bradenton and west of Miami.

CENTER FOR THE ARTS OF BONITA SPRINGS
(239) 495-8989
26100 Old 41 Road, Bonita Springs
ArtCenterBonita.org
The Center for the Arts provides year round programs in many disciplines for all who wish to learn, study or simply appreciate a wide variety of art and cultural events.

COLLIER COUNTY MUSEUM
(239) 252-8476
3301 Tamiami Trail E., Naples
CollierMuseums.com
Learn about mastodons an fierce saber cats, Calusa and Seminole Indians, and the rugged pioneers who settled one of America’s last frontiers at the Collier County Museum.  Visitors will enjoy five acres of native gardens, two early Naples cottages, swamp buggies, and a logging locomotive.

EDISON & FORD WINTER ESTATES
(239) 334-7419
2350 McGregor Blvd., Fort Myers
EdisonFord/WinterEstates.org
In Fort Myers is the winter home of Thomas A. Edison, the inventor of the lightbulb.  He called this home the “Seminole Lodge” and he used it as his winter retreat and workshop.  This site includes the original rubber laboratory and lush botanical gardens containing over a thousand varieties of plants imported from all over th world.  Edison’s close friend, Henry Ford, joined him in Florida, and they soon became next door neighbors.  These two winter estates encompass 17 acres of riverfront, and visitors can enjoy touring the homes and grounds

HOLOCAUST MUSEUM OF SOUTHWEST FLORIDA
(239) 263-9200
4760 Tamiami Trail N., Naples
HolocaustMuseumSWFL.org
To promote respect and understanding by teaching then history and lessons of the Holocaust through collecting artifacts, providing educational programs and activities to students and presenting general public programs highlighting elements of our collection and stories related dot the Holocaust and other genocides.

NAPLES PLAYERS AT SUGDEN COMMUNITY THEATRE
(239) 263-7990
5th Avenue South, Naples
NaplesPlayers.org
This long running community theater troupe presents an average of eight productions a year in one of Florida’s finest community theater facilities.

PALM COTTAGE
(239) 261-8164
137 12th Avenue South, Naples
NaplesHistoricalSociety.org
Palm Cottage in Old Naples is a prime example of a 19th-century south Florida home.  The historically accurate interior contains the simple furnishings of the period.

SOUTHWEST FLORIDA MUSEUM OF HISTORY
(239) 321-7430
2031 Jackson Street, Fort Myers
SWFLMuseumOfHistory.com
The Southwest Florida Museum is one block north of Martin Luther King Jr. Blvd. in historical downtown Fort Myers.  Here you will find the history of the Southwest Florida Palio-Indians, Calusa, Seminoles, Spanish explorers, and early settlers.  An authentic replica of a pioneer “cracker” home in on display as well as an extensive artifacts collection.

THE BAKER MUSEUM
(239) 254-2620
5833 Pelican Bay Boulevard, Naples
ArtisNaples.org
The visual arts center providing in-depth exhibitions of world-class artwork,, includes a three0story 30,000-square foot museum with 15 galleries, a glass dome conservatory, entrance gates by renowned metal artist Albert Paley, spectacular chandeliers, and a Persian ceiling by acclaimed glass artist Dale Chihuly.

VON LIEBIG ARTS CENTER
(239) 262-6517
585 Park Street, Naples
NaplesArt.org
Located adjacent to Cambier Park in Old Naples, the Center features American art from the 1950s forward with various exhibitions, classes, lectures, and special exhibits.  Look for ongoing special events.

 

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