Monday, November 30, 2009

The Hottest Selling Homes in Naples Florida

If you're looking for a new Florida home and haven't visited Marbella Lakes in Naples, you may be missing out on the hottest community around.

With over 123 sales (and more every day) since it opened on February 28th of 2009, there are several reasons why Marbella Lakes is the top selling new community in Southwest Florida.
  • Value - Marbella Lakes has the best new home value in the area. The builder was able to secure the bank owned land and transfer that amazing savings on to the consumer. Buyers are very savvy these days. They drive around the area for weeks and still can't find a better value - because it doesn't exist. According to Patti Fortune, a sales associate at Marbella Lakes, "prices of our Naples homes homes for sale have actually gone up across the board approximately ten thousand since we opened. You simply can't find a better value in new construction so close to the beach anywhere in Naples."
  •  Location - For new homes in this price range the location can't be better. The beach is only six minutes away and you're in a corridor of shopping ranging from Gucci and Saks Fifth Avenue to Target and Macy's.
  • Low Property Taxes - At Marbella Lakes you're ensured you're paying the lowest property taxes possible. Your taxable value is actually equal to your home's market value. This is not the case in many communities affected by inordinately decreasing property values. Property owners in other communities have to either file a complaint with the Clerk of the Value Adjustment Board by September 11th, 2009 or wait until the following year to see how much the Property Appraiser has adjusted your home's value. Why would you want to pay more property taxes or have to fight your way to what you should be paying anyway?

It's been several years since Naples real estate has been this well located at such a great value. The prices at Marbella Lakes start at $199,900 for the Carriage Homes (condos) and $309,900 for single-family homes. There are several Marbella Lakes homes ready to move in now and others in various stages of construction. Or you can choose your lot and build from the ground up in about four months. For more detailed information or to request a brochure go to the web site at www.Marbella-Lakes.com.

Search Just Like a Realtor for Naples Real Estate and find your dream home today.

Monday, November 23, 2009

Naples Home Sales Increase 100% As Inventory Declines

Overall pending home sales increased at least 100 percent in October 2009 compared to October 2008 in each price category under 2 million, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding new construction sales and Marco Island ).

Summer is usually a slow time of year for Naples real estate, but this year there was increased activity from Northern buyers wanting to take advantage of bargain prices for Naples FL homes. There were over twice the number of contracts written this October as compared to last year. This is a significant indicator that Naples is already well into recovery mode.

The properties in the under $300,000 market have led the way in sales for the past few months. However, the market recovery is now working its way up to the higher priced properties. Pending sales in the $300,000 to $500,000 price segment have increased 150 percent from 48 contracts in October 2008 to 120 contracts in October 2009.

Strong demand has already put a dent in higher than normal inventory levels. The available inventory declined 14 percent to 9,347 in October 2009 from 10,815 in October 2008.

Additional signs of strong demand are seen in Naples new construction sales (these are not included in the NABOR statistics above). Marbella Lakes has been the "singlefamily hot spot," according to local broker Ross McIntosh. "The builder has pulled 119 permits so far this year," he said.

And according to Patti Fortune, a sales associate at Marbella Lakes, "prices of our Naples homes homes for sale have actually gone up across the board approximately $10,000.00 since we opened at the end of February 2009. We're seeing increased interest and sales. You simply can't find a better value in new construction so close to the beach anywhere in Naples."

Increased sales, inventory declines and new home sales (and even price increases) all point to a strong recovery for Naples real estate. Buyers who hesitate too long will miss the best opportunity in the last decade to purchase Naples FL homes at bargain prices.