Posted on Wednesday, December 07, 2011
I am always a little skeptical of claims like “once in a life time” or “historic lows” as a means to entice buyers into moving. You should be too. Only you know when the time to buy Naples real estate is right for you and your family.
Naples real estate price behavior is just one part of the buying equation. Sure prices are rising again and as our research has shown inventories are low (shorter supply with similar demand tends to drive prices up) and these massive bank owned property inventories have not been dumped on the Naples real estate market (yet, if ever, at least all at once). I held an open house yesterday on a TUESDAY and had good walk in traffic so buyers are out there – during the week – and they are warming up for season. The Naples market is looking good to many these days.
We read in Money Magazine this issue a good and balanced article regarding recent price trends in Naples, Florida, saying “ … even if you’re a decade or more away from quitting time, you may be thinking about buying a retirement home right now.The prices for condos in popular retirement areas like Napa, Calif., and Naples, Fla., have come down 44% or more since the boom, substantially more than the average 32% that home prices have fallen nationwide, according to the latest data.”
Sure Naples real estate prices are down from the past and recent trends look good, but the other side of the buying equation is you. Is the timing right? If you are not moving to Naples full-time do you really want another property to maintain (yes even small condos have maintenance costs – HOA fees, appliances go bad …)? How often are you going to use the place anyway? Would renting work for a while to make sure you like the lifestyle and a particular location in Naples? Can you afford it? Who wants to be house poor anyway?
Nan and I work to make sure our customers are pleased with their decisions. Our test of a successful Naples real estate purchase is asking if the customer in the years ahead will be happy with their decision and will they want to hang out, go fishing, or come over for dinner. It is not about driving sales or meeting some revenue objective. Business for us is about helping others.
So have a look around with us. Learn about the Naples lifestyle and real estate options. Get excited about an improving Naples real estate market in what we think is a paradise-like living area – but make sure all this is right for you. The Naples Best Address is all about you – the address you feel fits you best.
Have a great day today and give us call or email to share your thoughts.
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No legal or investment advice or suggestions are being given in this Blog. Actual real estate price and sales results are subject to market forces and are not completely predictable. Please consult a lawyer or investment advisor for such legal and investment advice. The writings of this Blog are intended for the sole use of our clients.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA
REALTOR
Mobile: 239.595.3921
Email: mark.c.goebel@gmail.com
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