July 29, 2016 Posted by Matt

Good interest rate news for those considering buying a home in the near future.  The Federal Reserve kept its key interest rate unchanged this past week.  However, due to the labor market beating expectations, The Fed left the door open to increase rates in September.

However, if employment remains week during July and August, there’s a good chance The Fed will not change rates this fall.

When you are ready to purchase a home, keep in mind interest rates will have a big impact on how much you can afford.  The lower the rate the more you can afford.

Bottom Line:

Rates are expected to remain stable between now and September so it’s a great time to purchase a new or second home!

About Matt Klinowski
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Bonita Springs Market Report – June 2016

Single-Family home sales in Bonita Springs saw a double digit decrease in closed sales during the month of June according to the latest report issued by the Bonita Springs-Estero Association of Realtors (B.E.A.R). However, pending sales saw a huge increase up 75.5 percent when compared to June of last year.  At the same time, active inventory more than doubled during June of 2016 when compared to June of 2015. The increase in inventory of single family homes is good news for buyers who will now have more to choose from.

Bonita Springs Single Family Home Sales June 2016

Similar to single family homes sales, Condo sales in Bonita Springs saw a double digit decrease during the month of June when compared to June of last year.  Closed sales were down 28.3 percent from 99 units in June of 2015 down to 71 units is June of this year.  Pending sales saw a significant increase up 34.9 percent.  During the same time period, active inventory increased a staggering 84.9 percent which is great news for buyers.  Those considering purchasing a condo in Bonita Springs now have far more properties to choose from.

Bonita Springs Condo Sales June 2016

View Full Bonita Springs Market Report

When you are ready to start searching for a home in Bonita Springs or Naples, let me be your guide!  For Bonita Springs home sales in a specific community, contact me for a free market report – 239-370-0892.

About Matt Klinowski
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Lely Resort – 7817 Hawthorne Dr. – $437,090 – New Construction

Condo

3 Beds, 3 Baths

2,230 Sq. Ft.

Built 2016

Private & Public Naples Golf Community – 3 Golf Courses

(More about Lely) – (Lely Single Family Homes) – (Lely Condos)

Bonita National – Model – $419,000 – New Construction

Single Family Home

3 Beds, 3 Baths

2,061 Sq. Ft.

Built 2016

Private Bundled Bonita Springs Golf Community

(More about Bonita National) – (Bonita National Family Homes) – (Bonita National Condos)

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The market remains balanced according to the latest market update released by Naples Area Board of REALTORS (NABOR).  The second quarter of 2016 shows overall pending and closed sales are down when comparing 2015 to 2016.  Prices have remained stable with a slight increase in the median closed price during Q2.

Second Quarter Highlights:

For those considering selling, now is a great time to get the ball rolling.  With median prices still increasing and days on market holding steady you’ll want to get your property ready to go on the market within the next month as we head into season.

View Full 2016 Q2 Market Report

In addition to the second quarter review, NABOR® also released its June 2016 Market Report for overall sales for June of 2016 compared to June 2015.  Similar to Q2, the market remains balanced during that time period.  The following highlights include information for both single-family homes and condos in the greater Naples area.

June Year-Over-Year Highlights:

• Pending Sales were down 18 percent from 882 in June of 2015 to 720 in 2016
• Closed Sales fell 5 percent from 875 in June of 2015 to 832 in June of this year.
• Overall Median Closed Price stayed the same at $315,000
• Active Inventory increased 35 percent from 3,698 in 2015 up to 4,983 in 2016
• Average days on market increased 12percent this June versus last June
• Single-Family Closed Sales decreased 4percent from 431 properties down to 412 homes.
• Single-Family Median Closed Price increased 1 percent from $397,000 to $400,000
• Single-Family Inventory increased 25 percent up from 2,133 in June 2015 to 2,674 in 2016
• Condo Closed sales declined 5 percent from 444 units to 420 units this June.
• Condo Median Closed Price decreased 7 percent from $260,000 down to $243,000
• Condo Inventory increase 48 percent from 1,565 last June up to 2,309 this June.

June Market Trends:

View June 2016 NABOR Market Statistics

Bottom Line:

The Naples Real Estate market remains balanced which is a sign of healthy market.  When you are ready to begin your search for homes in Naples Florida or are considering selling, let me be your guide!

About Matt Klinowski
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Lee and Collier Foreclosures Down

Foreclosures have declined in both Lee and Collier Counties for the first half of the year.  According to the latest report by Realty-Trac, a California based research firm, foreclosures in Collier County fell 32 percent from 944 foreclosures in 2015 down to 642 in 2016.  The Collier County report includes properties in Naples, Immokalee, Marco Island and the Greater Naples metro area.  Only 1 in 311 of all properties in Collier were in some stage of foreclosure during the first half of the year.

In Lee County, which includes Bonita Springs, Cape Coral and Fort Myers, 2,390 properties were in foreclosure during the first 6 months of the year.  This represents a 22 percent decline from last year when there were 3,069 properties in foreclosure.

Lee and Collier Foreclosures Down:

Top 5 Foreclosure Counties in Florida:

1. Okeechobee
2. Baker
3. Gilchrist
4. Pasco
5. Hernando

At this point, the foreclosure activity in both Lee and Collier Counties is at pre-recession levels.

Nationwide, 1 in every 1,398 properties are in the foreclosure process.  Florida still remains near the top of the list with 1 in every 764 homes in some sort of foreclosure state.

Top 5 Foreclosure States:

1. New Jersey
2. Maryland
3. Florida
4. Delaware
5. Illinois

Although there are fewer foreclosures to choose from in the Southwest Florida area, there are still good deals to be had. When you are ready to begin your property search, let me be your guide!

About Matt Klinowski
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July 25, 2016 Posted by Matt

Bonita National Homes show spectacular views of the golf course!  Bonita National is a new bundled golf community in Bonita Springs Florida.  A bundled golf community is a community in which the golf dues are incorporated into the homeowners association fees which are paid monthly or quarterly.  The good news is there is no upfront initiation fee.

The 18 hole championship golf course was designed by Gordon Lewis. The course has seven sets of tees which range from 4,500 to more than 7,000 yards.  No matter what skill level you are, there is a tee box which will cater to players of all skill levels.

In addition to an excellent golf course, this Bonita Golf Community also includes state of the art practice facilities. An aqua driving range provides golfers with multiple options for practicing a wide variety of shots.  The practice area also includes a practice bunker, chipping green and  putting green.

Looking for a spectacular view of the golf course? This Bonita National home could be yours.  Maybe you are considering a golf community for the amenities available however you do not necessarily want a full golf membership. Bonita National offers homes with both golf and social membership.

All new construction homes built in Bonita National will be completed by Lennar Homes. Single-Family homes with golf memberships included are available in the following options:

• Florence Series
• Irsina Series
• Grazia Series

Homes available with a social membership include:

• Florence Series
• Grazia Series
• Vina Series

When buyers mention they are ready to purchase a new construction home, a question I’m often asked is, “should I use a realtor?” Or, “do I need to use a realtor?” Here’s your answer….

To schedule a private tour of Bonita National Homes or other Bonita Springs golf communities let me be your guide. Or perhaps you are interested in a golf community in Naples or Estero?  I can help provide the advantages and disadvantages of each community to help you identify the best golf community for you and your family.  With over  100 golf courses in southwest Florida, it can be a challenge to determine which community is right for you.  When you ready to start looking at properties I would be happy to guide.

About Matt Klinowski
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July 24, 2016 Posted by Matt

To hit your wedge shots more accurately, stand closer to the ball than normal.  When you are hitting a shot with a pitching wedge or sand wedge, your swing should be more upright.  You want to approach the ball from a steeper angle than you would with your longer clubs.  To hit a good wedge shot, hinge your hands as you swing the club back.  Then come down on the back of the ball. If you keep you swing compact, you will hit solid shots and be more accurate. Head to the driving range and stand closer to the ball when practicing your wedge shots until you feel comfortable over the golf ball.

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July 23, 2016 Posted by Matt

When you hit your drive left and then it hooks even further to the left you are hitting a pull hook.  The biggest problem with a pull hook is you are probably finding yourself in trouble off the tee. Unfortunately, you tend to find a lot of water and out-of-bounds when you hit this type of shot.  A pull hook usually occurs when your upper body is faster than your lower body.  A good way to fix this issue is to begin to shift your weight to your left side before you unwind your shoulders and start your downswing.  If you can clear your hips before you get to impact you will eliminate that dreaded shot and you will improve your scores significantly!

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Naples Beach Hotel Golf Club

The Naples Beach Hotel Golf Club is one of the few public golf courses in Naples, Florida.  The golf course was originally designed by Ron Carl in the 1920s.  Recently, the club partnered with Jack Nicklaus to redesign the course.  Renovations are expected to be completed during the fall of 2016.

The Naples Beach Hotel and Golf Club is the only hotel and golf course located west of US 41 in Naples.  In addition to a great golf course, the hotel is located right on the Gulf of Mexico.  The hotel boasts breathtaking views of our beautiful Naples Beaches right outside your hotel room.

In addition to great golf and fantastic beaches, club amenities also include a state of the art fitness center and spa.

If you are looking for a little tennis while you’re visiting the hotel, guests have access to six hydro-grid courts.

A fully stocked tennis shop offers all the necessary resources one would need to enjoy a relaxing game of tennis.

No matter what your interest, the Naples Beach Hotel Golf Club offers a wide variety of amenities to cater to all guests.

Naples Real Estate

Although this Naples golf community isn’t a gated golf community, it is centrally located in Naples.  For individuals looking for the downtown Naples Lifestyle, luxury homes line the streets surrounding the golf course.

Whether you are looking for a fully remodeled home or a teardown, I can help provide you with information to help navigate the opportunities available in the downtown area.

When you are ready to take a look at property in downtown Naples, let me be your guide!

Contact me today for a tour of downtown Naples homes or condos.

About Matt Klinowski

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July 15, 2016 Posted by Matt

How you handle deep greens may affect your golf scores if you’re not careful.  Golf courses with deep greens may have a three-club difference between the front of the green and the back of the green.  If you are using sprinkler heads to gauge your distance, the yardage is to the middle of the green.  If it’s a big green, you may need to take one more club than normal if the pin is in the back and one less than normal if the pin is in the front.  If you make these adjustments on deep greens you will hit your shots closer to the hole and ultimate position yourself for a better score on the hole.

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