NAPLES GOLF GUY BLOG

5 Reasons Why Millennials Buy a Home

Do you have children or grandchildren and you are wondering why millennials buy a home? Or perhaps you wish they were looking to buy a home because they are still living at your home! Here are 5 reasons why millennials usually buy a property.

Begin Your Naples Property Search

So, if you’re ready to begin your search for your Naples home, or a southwest Florida Luxury home or condo, we encourage you to explore our website to find information about communities in the area. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Bottom Line:

If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs or Estero who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 19th, 2019, Posted by Naples Golf Guy

Price Reduced on Key Royal Condo

Lowest Priced Key Royal Condo in Naples

If you are looking for a Vacation Home, First Home or Investment property, here is a fantastic Key Royal Condo being sold turnkey furnished! This unit is the lowest priced unit in Key Royal and is move in ready! Located at 8287 Key Royal Lane, Naples Florida. Fully remodeled, bright with a view of the lake and club from every window. Tile and wood floors, vaulted ceilings, great natural light, laundry room, huge closets, and covered parking space just steps away. Current owners have taken excellent care of this unit, one look and you’ll see!

8287 Key Roayl Lane, Naples FL 34119 – $147,000 (Price Reduced)

More About This Naples Investment Property:

Key Royal Condominiums
8287 Key Royal Lane #1532, Naples Florida
2 bedrooms
1 and a half bathrooms
1010 total square feet
Built 2004

Property Search:

So, are you ready to begin your search for your own Naples Investment Property or another Southwest Florida Luxury dream home or condo? We encourage you to explore our website to find information about communities in the area. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling Your Home?

If you are looking to sell a home in Bonita Springs, Estero or Naples, we encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities. Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 19th, 2019 Posted by Naples Golf Guy

Buyer Demand Surging as Spring Market Begins

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.

However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available).

Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months.

Why the increase in demand? Increased buying power.

According to the National Association of Realtors’ Economists’ Outlook Blog, purchasing a home has become more affordable, which has led to increased demand.

“Due to the combination of falling home prices and mortgage rates, the income needed to make an affordable mortgage payment (mortgage no more than 25% of income) on a median-priced home with 10% down payment and 30-year fixed rate mortgage decreased from $60,425 in June 2018 to $53,783 as of February 2019, and the difference of $6,642 represents a gain in buying power because one can afford a home purchase at a lower level of income.”

Bottom Line

It appears the spring buyers’ market is going to be much stronger than many had projected. Whether you are selling or buying, this is important news.

*The methodology behind the indices:

The ShowingTime Showing Index

“The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.”

The National Association of REALTORS® Buyer Traffic Index

“In a monthly survey of REALTORS®, NAR asks respondents ‘Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?’ NAR compiles the responses into an index, where an index above 50 indicates that more respondents reported “stronger” traffic than “weaker” traffic.”

Begin Your Naples Property Search

Lastly, we will handle all contract negotiations for your property from offer to close!

Bottom Line:

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 18th, 2019, Posted by Naples Golf Guy

Are Low Interest Rates Here to Stay?

Are low interest rates going to continue? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!

This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,

“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”

To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Mac believe rates will be by the end of 2019.

So, if you plan on buying a home this year, let’s get together to start your home search to ensure you can lock in these historically low rates today!

More Naples Real Estate News:

Naples Golf Guy Monthly Market Report

Luxury Golf Community Trends

Naples Real Estate Update

Begin Your Naples Property Search

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

It is a very good time to sell. If you are looking to sell a home in Bonita Springs, Estero, Naples or Ft. Meyers we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities. Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 17th, 2019, Posted by Naples Golf Guy

Is It A Good Time To Sell

Homeowners: Now Is A Good Time To Sell Your House

How do you know if it is a good time to sell? Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.

As we can see in the following table, the number of people who moved last year is half of what the rate was in the 1980s.

This does not come as a surprise, as tenure length (the number of years someone owns a home before moving again) among existing homeowners has increased. It has risen from an average of 6 years from 1985 to 2008, up to 9.5 years over the last few years. This is shown in the graph below:

As we can see, there is a pent-up seller demand!

What led to this change in behavior? Falling prices during the housing crisis led to many homeowners having negative equity in their home, meaning they owed more on their mortgage than the home was worth. Others were able to secure a low-interest rate on their mortgage and have not been quick to obtain a new mortgage with a higher rate.

Will this trend continue?

Recently NAR reported that “69% of people believe now is a good time to sell a home.”

With a strong economy, low-interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move up to the home of their dreams!

There is a great opportunity for sellers to take advantage of the current real estate market before new inventory comes to market. If you are considering selling your house or would like to know your options, let’s get together today to help you understand the possibilities available to you!

More Naples Real Estate News:

Naples Golf Guy Monthly Market Report

Luxury Golf Community Trends

Naples Real Estate Update

Begin Your Naples Property Search

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

Bottom Line:

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 16th, 2019, Posted by Naples Golf Guy

Naples Real Estate News

The latest Naples Real Estate News for real estate transactions during the week of February 18th show there were 212 Properties Sold in the Naples area. East Naples took over the top spot for the most real estate transactions for the week. There were 45 properties sold. North Naples was a close second with 41 sales. And finally, the city of Naples rounded out the week with 18 property transactions.

So, of the 45 real estate sales in East Naples, 9 percent were vacant lots, 31 percent were single family homes and 58 percent were condos. Additionally, there was one mobile home sold. Also, in North Naples, of the 41 transactions closed, 17 percent were vacant lots, 32 percent were condos and 51 percent were single family homes. Last but not least, of the 18 Naples properties sold in the City, 44 percent were single family homes and 56 percent were condos.

In review, the latest Naples Real Estate News for properties sold during the week of the 18th show sales were broken down as follows: 78 single family homes, 88 condos, 45 vacant lots and 1 mobile home sold in Collier County.

Naples Real Estate News for the week of Feb. 18th by zip code:

City of Naples

34102 – 7 properties sold (6 single family home and 1 condo)
34103 – 7 properties sold (1 single family home and 6 condos)
34105 – 4 properties sold (1 single family home and 3 condos)

North Naples

34109 – 14 properties sold (4 vacant lots, 5 single family homes and 5 condos)
34110 – 12 properties sold (7 single family homes and 5 condos)
34119 – 15 properties sold (3 vacant lots, 9 single family homes and 3 condos)

East Naples

34104 – 12 properties sold (2 single family homes and 10 condos)
34112 – 22 properties sold (1 mobile home, 2 vacant lots, 8 single family homes and 11 condos)
34113 – 11 properties sold (2 vacant lots, 4 single family homes and 5 condos)

Ave Maria and Immokalee

34142 – 6 properties sold (3 vacant lots and 3 single family homes)

Barefoot Beach

34134 – 6 properties sold (6 condos)

Big Cypress

34117 – 5 properties sold (2 vacant lots and 3 single family homes)

Coco River

34108 – 10 properties sold (3 single family homes and 7 condos)

Corkscrew

34120 – 24 properties sold (17 vacant lots, 6 single family homes and 1 condo)

Eastern Collier County

34114 – 27 properties sold (10 vacant lots, 7 single family homes and 10 condos)

Chokoloskee

34138 – 1 property sold (1 condo)

Marco Island

34145 – 20 properties sold (2 vacant lots, 7 single family homes and 11 condos)

Collier County Real Estate Transactions Week of Feb. 18th 2019

More Naples Real Estate News:

Naples Golf Guy Monthly Market Report

Luxury Golf Community Trends

Naples Real Estate Update

Begin Your Naples Property Search

Lastly, we will handle all contract negotiations for your property from offer to close!

Considering Selling your home?

If you are looking to sell a home in Bonita Springs, Estero or Naples, we encourage you to work with a Professional Real Estate Agent or REALTOR® who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities. Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 16th, 2019, Posted by Matt

3 Questions You Need To Ask Before Buying A Home

If you are thinking about buying a home, there are a couple of key questions to ask before buying your dream home. You are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Questions to ask before buying a home to help determine if now is a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This is truly the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a study by realtor.com found that “73% said buying in a good school district was “important” in their search.”

This report supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the top four reasons Americans buy a home have nothing to do with money. The actual reasons are:

A good place to raise children and provide them with a good education
A place where you and your family feel safe
More space for you and your family
Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the median price of homes sold in February (the latest data available) was $249,500. This is up 3.6% from last year. The increase also marks the 84th consecutive month with year-over-year gains.

Looking at home prices year over year, CoreLogic is forecasting an increase of 4.6%. In other words, a home that costs you $250,000 today will cost you an additional $11,500 if you wait until next year to buy it.

What does that mean to you?

Simply put, with prices increasing, it may cost you more if you wait until next year to buy. Your down payment will also need to be higher in order to account for the higher price of the home you wish to buy.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long-term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates.

Freddie Mac, Fannie Mae, the Mortgage Bankers Association and NAR have all projected that mortgage interest rates will increase over the next twelve months, as you can see in the chart below:

Only you and your family will know for certain if now is the right time to purchase a home. Be sure to know which questions to ask before buying your next home or condo and they will help you make the right decision.

Begin Your Own Property Search:

So, if you’re ready to begin your search for your own Luxury Home or your dream home or condo in Southwest Florida, we encourage you to explore our website to find information about communities in Southwest Florida. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours. There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Bottom Line:

If you are buying a home in a golf community, you will find it’s more complex than a typical home purchase. As you can probably imagine, there are significant differences between golf communities. There are many different fee structures, membership options, pet restrictions, demographics and many other details that apply to the SWFL golf communities.

If you’re looking for information about a specific community in Bonita Springs, Estero, Naples or Ft. Myers, please contact me and I will prepare a custom market report for you. We will provide the market information and insights to help make sure you select your dream home!

Lastly, we will handle all contract negotiations for your property from offer to close!

About Naples Golf Guy

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 15th, 2019 Posted by Matt

Does an Economic Slowdown Impact Home Values?

Would an Economic Slowdown Impact Home Values?

Don’t let fear of an economic slowdown prevent you from buying or selling a home! Let’s get together to talk about the changes in the market so you can make the best decision for you and your family.

According to historical data, home prices still appreciated 3 of the last 5 economic slowdowns. Additionally, based on what experts are saying, an economic slowdown should NOT have a negative impact on home prices. If you are concerned about an economic slowdown and the impact on your home’s value or your ability to purchase a home, let’s get together to talk about your home and community.

Begin Your Own Property Search:

Bottom Line:

Lastly, we will handle all contract negotiations for your property from offer to close!

About Matthew Klinowski, PA

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 13th, 2019 Posted by Matt

Home Value Appreciation Stops Falling, Begins to Stabilize

The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer.

In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting to sense that home values are beginning to stabilize and that we may see appreciation beginning to accelerate again:

“About 3,000 REALTORS® who responded to NAR’s February 2019 REALTORS Confidence Index Survey had more optimistic— although modest— home price growth expectations over the next 12 months. Respondents expect home prices to typically increase by 1.9 percent nationally, up from 1.4 percent in the January survey.”

The thinking that home appreciation has bottomed-out was also confirmed in two additional housing reports recently released:

CoreLogic Home Price Index – The analysts at CoreLogic increased their projection for home appreciation for the next twelve months to 4.7% as compared to the 4.6% they projected in their previous report.

The Home Price Expectation Survey – In the 2019 first quarter survey, the nationwide panel of over one hundred economists, real estate experts, and investment & market strategists increased their projection for home value growth in 2019 to 4.3% compared to the 3.8% increase they had projected in the fourth quarter of 2018.

Bottom Line

Agents working the business every day, one of the premier data companies in the real estate space, and one hundred housing experts all agree: home price appreciation has ended its decline and looks to be stabilizing… and may even accelerate.

Begin Your Own Property Search:

So, if you’re ready to begin your search for your own Luxury Home or your dream home or condo in SWFL, we encourage you to explore our website to find information about communities in Southwest Florida. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Bottom Line:

Lastly, we will handle all contract negotiations for your property from offer to close!

About Matthew Klinowski, PA

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 11th, 2019 Posted by Matt

Lely Resort Home Price Reduced by Motivated Sellers

Motivated Sellers – Lely Resort Home Reduced $75,000

These owners are motivated sellers and have made a major price reduction of $75,000 for this Lely Resort Dream Home in Naples, Florida. This incredible luxury home is located in one of only two Naples Golf Communities with three golf courses. Contact me today for a tour of this 4 bedroom plus Den and 4.5 bathroom home before it’s snapped up by another buyer! This luxury golf home is the lowest priced property on Bryons way in the exclusive Classics Plantation Estates neighborhood. So, if you are looking for the ultimate luxury lifestyle that is impossible to beat at a phenomenal price, you must see this home!

7405 Byrons Way, Naples, FL 34113 – $974,900

More About This Lely Resort Dream Home Home Priced to Sell by Motivated Sellers!

This luxury Naples home is one of the few Brilliant Riviera II floor plans with a Southwest rear exposure. Most importantly, the fabulous golf course view provides the perfect setting to experience the ultimate luxury lifestyle right in your own home!

Picture yourself on the lanai relaxing with a beverage after a round of golf. Or perhaps lounging in the sun by the pool and spa on a large lanai which is perfect for entertaining

This home features upgraded kitchen cabinets, granite counters throughout and stainless appliances. Additionally, soaring tray ceilings, tile on the diagonal, three car garage, storm rated windows, pocketing sliders for indoor-outdoor living and walk-in shower in the master bathroom. Also, all bedrooms have their own private bathrooms! And, this Naples Luxury Home sits on a 1/3 acre providing plenty of space between you and your neighbors. Overall, the floor plan is perfectly laid out to suit your lifestyle. To see this home in person, stop by the open house Today or contact me to schedule a private tour.

More about Lely Resort

Lely Resort is conveniently located close to access to Marco Island and downtown 5th Avenue South. Most notably, this luxury golf community was named Community of the Year in 2017 and offers its residents an amenity package like no other via The Player’s Club. And, it is one of two clubs in Naples with three championship golf courses! Live like you’re on vacation with two resort-style pools and lap pool, Tiki bar, and grill, formal dining as well, state of the art exercise facilities, a full-service spa, pickle ball, bocce ball, 13 Har-Tru tennis courts and most other things you could imagine! Oh wait, it’s one of the only communities in Naples with its very own dog park! Words can’t describe, but there’s a reason they call it Lely Resort! Read more about Lely Resort…

Begin Your Own Property Search:

So, if you’re ready to begin your search for your ow Lely Resort Dream Home or another Luxury Single Family Home in Naples or perhaps your dream home or condo in SWFL, we encourage you to explore our website to find information about communities in Southwest Florida. If golf is your game, we specialize in golf community real estate and would be happy to help you navigate the more than 150 different golf communities in our area. If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Bottom Line:

If you’re looking for information about a specific community in Bonita Springs, Estero or Naples, please contact me and I will prepare a custom market report for you. We will provide the market information and insights to help make sure you select your dream home!

Lastly, we will handle all contract negotiations for your property from offer to close!

About Matthew Klinowski, PA

Contact Matt: Matt@NaplesGolfGuy.com

or at 239-370-0892

April 11th, 2019 Posted by Matt

SWFL Golf Community Real Estate Experts

NAPLES GOLF GUY BLOG

5 Reasons Why Millennials Buy a Home

Begin Your Naples Property Search

Bottom Line:

Lowest Priced Key Royal Condo in Naples

8287 Key Roayl Lane, Naples FL 34119 – $147,000 (Price Reduced)

More About This Naples Investment Property:

Property Search:

Considering Selling Your Home?

Bottom Line:

Buyer Demand Surging as Spring Market Begins

Why the increase in demand? Increased buying power.

Bottom Line

The ShowingTime Showing Index

The National Association of REALTORS® Buyer Traffic Index

Begin Your Naples Property Search

Bottom Line:

Are Low Interest Rates Here to Stay?

More Naples Real Estate News:

Begin Your Naples Property Search

Considering Selling your home?

Bottom Line:

Homeowners: Now Is A Good Time To Sell Your House

As we can see, there is a pent-up seller demand!

Will this trend continue?

More Naples Real Estate News:

Begin Your Naples Property Search

Considering Selling your home?

Bottom Line:

Naples Real Estate News

Naples Real Estate News for the week of Feb. 18th by zip code:

More Naples Real Estate News:

Begin Your Naples Property Search

Considering Selling your home?

Bottom Line:

3 Questions You Need To Ask Before Buying A Home

Questions to ask before buying a home to help determine if now is a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

2. Where are home values headed?

What does that mean to you?

3. Where are mortgage interest rates headed?

More Articles About Southwest Florida Estate:

Begin Your Own Property Search:

Bottom Line:

About Naples Golf Guy

More Articles About Southwest Florida Estate:

Begin Your Own Property Search:

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About Matthew Klinowski, PA

Home Value Appreciation Stops Falling, Begins to Stabilize

Bottom Line

More Articles About Southwest Florida Estate:

Begin Your Own Property Search:

Bottom Line:

About Matthew Klinowski, PA

Motivated Sellers – Lely Resort Home Reduced $75,000

7405 Byrons Way, Naples, FL 34113 – $974,900

More About This Lely Resort Dream Home Home Priced to Sell by Motivated Sellers!

More about Lely Resort

More Articles About Southwest Florida Estate:

Begin Your Own Property Search:

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About Matthew Klinowski, PA

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