Jan. 9, 2025

The Discounts in Today's Southwest Florida real estate market are not advertised.


Southwest Florida Waterfront Homes

The Discounts in Today's Southwest Florida real estate market are not advertised...they are found!

 

Trying to decide whether it makes more sense to buy a home now or wait? There’s a lot to consider, from what’s happening in the market to your changing needs. But generally speaking, aiming to time the market isn’t a good strategy – there are too many factors at play for that to even be possible.

That’s why experts usually say time in the market is better than timing the market.

In other words, if you want to buy a home and you’re able to make the numbers work, doing it sooner rather than later is usually worth it. Scott Meadows explains why: 

“ buying now in Southwest Florida means you can negotiate a better price for a more desirable home or condo while inventory is stronger than it has been over the past several years".

Here’s some data to break this down so you can really see the benefit of buying now versus later – if you’re able to. Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices over the next five years. In the latest release, experts are projecting home prices will continue to rise through at least 2029 – just at a slower, more normal pace than they did over the past few years (see the graph below):

a graph of a number of green rectanglesBut what does that really mean for you? To give these numbers context, the graph below uses a typical home value to show how it could appreciate over the next few years using those HPES projections (see graph below). This is what you could start to earn in equity if you buy a home in early 2025. 

a graph of growth of a houseIn this example, let’s say you go ahead and buy a $400,000 home this January. Based on the expert forecasts from the HPES, you could gain more than $83,000 in household wealth over the next five years, not to mention the deals and money savings that can be had in a seller competitive market. That’s not a small number, I recently saved a client $650,000 on a home listed for $2,500,000.00. With approximately $350K in updates and improvements this home will be worth $3,900,000.00, this year 2025, the transaction closed December 2024. This deal wasn't advertised, it was found

There's no better time than now!

This is just one example, no matter the price range of home or condo that you are interested, there's no better time than now to find the home you're looking for!

Southwest Florida has had a pent up buyer demand since 2021. If you're looking to buy a home in Southwest Florida, working with a seasoned Buyers agent that has served real estate clients for over 30 years is number one. Scott Meadows explains why:

“ Warren Buffets investment philosophy is that the profit is made in the purchase". This has been proven by me, time and time again. Every negotiation that I pursue is presented with this philosophy in mind, you can negotiate a better price for a more desirable home or condo while inventory is stronger than it has been for the past several years".

You could wait. But if you’re just waiting it out to perfectly time the market, you’re missing out on current buyer opportunity. The more seller's competing means a better deal to the buyer, if you know where to look, I find the motivated sellers.

Bottom Line

If you’re torn between buying now or waiting, don’t forget that it’s time in the market, not timing the market that truly matters. Get the home or condo of your dreams at a better price today while inventory is better than it was. We are predicting a robust buyers market in Southwest Florida for 2025. Scott Meadows - Broker Associate - 239.220.1157

Jan. 7, 2025

Naples Area Real Estate Market Listing Count Jan 2025

Naples Area Real Estate Market Listing Count January 2025

Naples Area Real Estate Market Listing Count 2025

Jan. 6, 2025

Waterfront Homes for Sale in Naples, Florida

Naples Waterfront Homes for Sale

Search Naples Waterfront Homes

Whether you’re in the market for a cozy cottage, an amenity-rich condo or a sprawling single-family home close to the sand and water, you’re sure to find a rich selection of properties to choose from in Naples. This desirable city has plenty of enticing options for new buyers to consider, no matter whether you’re more interested in waterfront or beachfront homes in Naples, Florida. 

If you hope to be close to the beach but don’t want to give up the convenience of the city, Olde Naples is a fantastic location to begin your home search. Luxury waterfront homes in this part of Florida may start under the $1 million mark, but you will also find some sprawling estates easily priced in the multi-million dollar range in Naples.

Widely considered one of Florida’s most desirable places to call home, Olde Naples enjoys a prime location close to the beach, but also close to some of the region’s other admirable destinations. It’s no wonder that some of Florida’s most elegant waterfront homes were first built in this part of the state. Since that time, some of the homes have been replaced by even more gracious home designs, while additional waterfront estate, homes and condos have also joined the area.

These days, buyers searching for waterfront homes in Naples, FL and are treated to everything from charming single-family homes, cottages to townhomes, condos and, of course, some custom beachfront estates at the very top of the market. While some of these luxury waterfront homes in Naples are certainly impressive, there are some original homes in the Naples area for buyers to choose from, as well.  

Some of these have been remodeled or refreshed in recent years to offer more of the options that buyers are currently searching for. Others provide new and prospective owners with just the right amount of inspiration to remake the property into something appealing for a new generation of homebuyers. That’s why Naples is such a fantastic location for those interested in a more comfortable single-family home or even a grand estate, topped off by some of the latest and most luxurious features and finishes.

The neighborhood of Coquina Sands is one such community offering waterfront home in Naples, Florida. Buyers can choose from single-family homes, condos or grand estate homes in this part of the city. Those interested in waterfront homes and beachfront condos are also sure to enjoy the appeal of taking their home search to The Moorings. This highly desirable community includes a rich selection of home designs, with easy access to boating. As one of the city’s original subdivisions, The Moorings remains one of the most highly sought after communities in all of Naples even today.

The search for Naples Beach waterfront real estate not only reveals the luxury of beautiful homes and communities, but also an enticing location. Just imagine the allure of waking up and admiring the views looking out over the sand and water each and every day. With Naples Beach waterfront real estate, you don’t have to wait for a vacation or the weekend to enjoy the allure of visiting paradise, you’ve already immersed yourself in a waterfront or beachfront location that makes it easy to hit the sand and water whenever you choose. Whether you spend all of your free time out on the sand or you’re able to watch the sun rise and set from this magical location on a daily basis, Naples real estate affords the opportunity to indulge in a truly exceptional lifestyle.

While waterfront real estate in Naples, Florida is certainly desirable, there are also some other options for buyers to choose from, including some opportunities for beachfront homes in Naples, Florida. Hundreds of homes are afforded the luxury of sitting on the waterfront in Naples, in part due to the miles upon miles of Gulf access in this part of Florida, but also due to Bay access and some deep-water canals. The Naples waterfront community of Aqualane Shores is one such community known for its luxury homes and its deep-water canals, and it proves to be a great option for buyers searching in this part of the state.

The charm of the area is hard to surpass, as is the location. Just imagine the opportunity of building the home of your dreams overlooking the beach and the waterfront. Some of the priciest real estate on Naples, FL is brand new construction. The multi-million dollar homes overlook the sand and water, with some of the most luxurious private inclusions. Built for grand living and entertaining, the homes are designed to admire the views.

If your budget isn’t quite as grand as some of the Naples Beach beachfront real estate on the market, you will also find some cozier floor plans and even some condos. Some of these properties are within an easy walk of the beach and water, but also close to the restaurants, cafes and boutique shops in locations such as 5th Avenue South. Apart from the beach and the waterfront, upscale shopping and dining is another draw for those considering making a move to Naples, as is other outdoor recreation like fishing and golf.

A favorite of retirees, Naples continues to attract those interested in the appeal and convenience of living close to everything you want and desire, including a beach and boating lifestyle. Whether you’re searching for a waterfront home, a condo in Naples or a beachfront home, you’re sure to find plenty of desirable options to choose from in the area.

 

Jan. 2, 2025

Placida/Cape Haze Real Estate Market Report

Placida/Cape Haze Real Estate Market Report

Stay up to date on the current real estate market trends with Placida, Cape Haze Real Estate Market Reports. You'll see up to the minute active listings as they become available, also real estate listings that are currently pending and the most recent sales that have occurred in Placida and Cape Haze. This will give you the advantage when negotiating the best price for your future Placida, Cape Haze Florida Home.  

 

Jan. 2, 2025

New Year, New Southwest Florida Home: How to Make it Happen 2025


Placida, Cape Haze Homes for SalePlacida, Cape Haze Homes for Sale

This is the time when a lot of people take a moment to reflect and set their goals for this year. And as you picture what you want your 2025 to look like, one thing that may pop into your mind is the vision of you in a new home. But how do you get there? And where do you start?

Here’s some advice that can help you get the ball rolling.

Focus on Your Why

To lay the foundation, you need to focus on your why. While the dollars and cents are important, so is the driving force behind your desire to move. Maybe you need more space for a growing family, want to sell so you can downsize, or are finally ready to buy your first home. Whatever your reason, it’s important to keep it front and center.

Your why is what helps you stay focused. Share your motivation with your agent and they’ll use their expertise to help support that goal, no matter what the market looks like. With a great agent by your side, you’ll have someone to guide you, problem-solve, and keep you moving forward until you can check that goal off your to-do list.

Get Clear on What You Need

Then it’s time to figure out what your next home needs to have. How many bedrooms do you need? If you don’t have a designated home office, is that a deal-breaker? What about a big fenced-in backyard? Knowing your must-haves and nice-to-haves makes the search a lot smoother.

Since affordability is still tight, it’s important to have a clear idea of your essential items upfront. Maybe you can flex a bit on location, if it’s got everything else you’re looking for. Go over those essential items with your agent and they’ll help you focus on the homes that check the boxes that matter most while staying within your price range.

Know Your Numbers

Before you jump in, take a look at your finances. How much have you saved? What monthly payment feels comfortable? Getting clear on your budget early will help you know what’s possible.

The best way to do this is by partnering with trusted real estate professionals, like a local agent and a lender. They’ll help you:

  • Plan for your down payment and look into down payment assistance programs
  • Understand the equity you have in your current home and how you can use it to fuel your next move if you’re selling
  • Get pre-approved for a mortgage so you know what you can borrow

Lean on a Pro To Guide You

It can be hard to know where to start, but you don’t have to do it alone. A real estate agent knows what you need to do to get ready to buy or sell, how to navigate the process, and can answer your questions every step of the way. As Bankrate puts it:

“. . . now more than ever, it’s smart to lean on the guidance of an experienced local real estate agent. If you want to enter the housing market in 2025, whether as a buyer or a seller, let a pro lead the way for you.”

Remember, buying or selling is a big milestone and a great goal for this year. With the right expert on your team, you’ll feel confident and ready to take on the market.

Bottom Line

If buying or selling a home is part of your goals for 2025, now’s the time to get started. Focus on your why, know what you need, and connect with trusted pros to make it happen. Let’s team up and make this the year you accomplish your real estate resolutions. Scott Meadows - 239.220.1157

Dec. 29, 2024

Southwest Florida New Construction Homes for Sale


New Construction Homes for Sale Southwest Florida
New Construction Homes for Sale Southwest Florida

Planning to buy a home soon? Why not go for something brand-new? Because data shows a lot more buyers are seeing the appeal of new home construction these days – and you may find out it’s what you want too.

The National Association of Realtors (NAR), explains that newly built homes accounted for 15% of all homes sold last year. That’s a significant increase, and is actually the highest percentage in 17 years (see graph below):

a graph of blue barsTo get a closer look at why so many people are opting for a brand-new home, NAR surveyed recent buyers. And here are the top reasons why new builds gained so much popularity (see graph below):

a graph of blue squares Avoiding Renovations or Problems with Plumbing or Electricity (42%)

According to buyers, the number one benefit is the peace of mind that comes with getting brand-new everything. Because let’s face it, buying a home right now is pricey. And with inflation also putting a pinch on your wallet, you want to do everything you can to cut down on any additional costs. Enter new builds.

A home that was just built is less likely to have unexpected repairs, and that means less maintenance you’ll need to budget for upfront. Plus, since many builders include warranties on their homes, that’s an added layer of protection for your wallet on some of the home’s major systems.

Ability To Choose and Customize Design Features (27%)

You may also get the chance to personalize parts of the build to your unique tastes. That can be as small as which knobs go on the cabinets and which light fixture goes in the dining room to as big as floor plans and siding color. So, if you’re not finding a home you like, it may be time to build one.

The Amenities of New Home Construction Communities (25%)

Many new developments also offer amenities like parks, pools, fitness centers, and community spaces. These features could help you feel more connected to your neighborhood and can be a great perk for your lifestyle.

Lack of Inventory of Previously Owned Homes (15%)

Since the supply of existing homes (homes that were previously lived in) is still lower than the norm, more people are asking their agents if they can see what builders have available – and builders aren’t disappointing. Right now, new builds make up a larger portion of the homes available for sale than the norm. So, checking out these homes can really open up your pool of options. And don’t worry – builders are not overbuilding. They’re just catching up after years of underbuilding.

Energy Efficiency (14%)

Not to mention, newly built homes usually have the latest energy-efficient materials and technologies. This not only feels good, but can also lead to lower utility bills and a reduced environmental footprint. In a U.S. News Real Estate interview with Kevin Morrow, Senior Program Manager at the National Association of Home Builders (NAHB), this topic came up:

“The more energy-efficient mechanics of the house also help reduce utility bills for new home buyers . . . Newly-constructed homes often include green systems and appliances—like high efficiency stoves, refrigerators, washing machines, water heaters, furnaces, or air conditioning units—that homes built years ago might not.”

Smart Home Features (11%)

And last on this list is the integration of smart technologies. Tech-savvy buyers often want the latest and greatest advancements – and new home construction usually delivers.

The Importance of Using Your Own Agent

Newly built homes are becoming a top pick for buyers these days, and it’s easy to see why. If you’re feeling motivated to see what’s out there, just remember you need to have your own real estate agent.

Builder contracts often have some complex terms and complicated fine print. If you bring your own agent, you’ll have someone to advocate for you, make sure you’re getting quality construction, and guide you through the process from start to finish. 

Bottom Line

Imagine skipping the hassle of renovations and having the freedom to pick out the exact design features you want. If this sounds good to you, let’s connect to make sure you’ve got your own agent to help you negotiate with the builder so you can buy a new home with confidence. Scott Meadows - Broker Associate - 239.220.1157

Dec. 25, 2024

All I want for Christmas is a Florida Custom Home


Florida Custom Homes
Start Building your Storm Resilient Custom Florida Home Today!

 

There’s no doubt that owning a home comes with significant financial benefits. And this time of year is a great time to reflect on the other reasons why owning a home is so meaningful.

A house is more than four walls and a roof – it’s a place where memories are made, connections are built, and life happens.

From the sense of accomplishment that comes with owning your own home to the joy of creating a space that’s uniquely yours, the emotional connections we have to our homes can be just as important as the financial ones.

Here are some of the things that turn a house into a happy home.

1. It’s an Accomplishment You Can Be Proud Of

Buying a home is a significant milestone, whether it’s your first or your fifth. You’ve worked hard to make it happen and achieving this goal is a reason to celebrate. There’s nothing quite like stepping through the door of a home that’s yours and knowing you’ve accomplished something truly special.

2. It’s a Place You Can Call Your Own

Compared to renting, owning a home can give you a much greater sense of security and privacy. It’s your own place – not your landlord’s – and that just feels different. No one else has the keys but you and that gives you your own personal safe place to retreat to at the end of a long day.

3. It’s a Space That’s Yours To Customize

Owning a home means you have the freedom to personalize it however you like. While there can be HOA guidelines you may have to follow depending on where you buy, you can still make it a reflection of your style and create a space that feels just right for you. As Freddie Mac explains:

“As the homeowner, you have the freedom to adopt a pet, paint the walls any color you choose, renovate your kitchen, and more. You can customize your own space without approval from landlords.”

4. It’s a Foundation for Building a Sense of Community

Homeownership often means putting down roots in a neighborhood and becoming a part of the local community. According to groups like Habitat for Humanity, owning a home increases your interest in getting involved with your neighbors and local organizations. Whether it’s through joining a neighborhood group, volunteering, or simply getting to know the people next door, a home is a great foundation for building meaningful connections.

Bottom Line

Owning a home is about so much more than financial benefits – it’s about the pride, well-being, and sense of belonging it can bring. When you’re ready to take the next step toward buying a home. Scott Meadows 239.220.1157

Dec. 12, 2024

The Top 2 Reasons To Look at New Construction Homes in Florida


Florida New Construction HomesThe Top 2 reasons to look at New Construction Homes in Florida

 Florida New Construction Home Market Report

When planning a move, a new construction home in Florida might not be the first thing that comes to mind. But with more new construction homes on the market in Florida and across the United States, builders are focusing cost saving and affordable options, this type of home may just be the key to crossing the homebuying finish line.

Here's why a new construction home in Florida is worth considering – and how we can help you find one that meets your needs and your budget, no matter if it's a Luxury Waterfront Home or a more affordable single-family home.

1. More New Construction Homes in Florida and the U.S. Are Available Right Now

First, let’s break down the types of homes on the market. A newly built home is a house that was just built or is under construction. On the other hand, an existing home is one a homeowner has already lived in.

Right now, the number of existing homes for sale is still low. And, if you’re struggling to find something you like because there aren’t that many existing homes for sale, opening up your search to include brand-new homes could really expand your options. That’s because there are more new construction homes available right now than in a typical year (see graph below):

a graph of blue lines and white textFrom 1983 to 2019, new construction homes made up only 13% of the total inventory of homes for sale. Today, that number newly constructed homes have climbed to 28.8%, according to the most recent data.

And as Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), notes:

“Even though existing home sales have been stuck at low levels, new construction home sales look to mark one of its best annual performance in 15 years . . . The new construction home inventory has been consistently rising with homebuilders getting active and making up around 1/3 of total inventory.” 

While the uptick in new home construction is encouraging, rest assured that builders aren’t overdoing it, they’re just making up for over a decade of underbuilding. There are still way more buyers than there are homes on the market. But the good news for you is this increase in newly built homes means more options for your search.

2. New Construction Homes Are Becoming Less Expensive with Buyer Incentives

Still skeptical if a new build is right for you or if they’re even in your budget? The average cost of newly built homes has actually come down from a year ago.

Why is that? Builders know affordability is top of mind for homebuyers right now. So they’re focusing their efforts on building more affordable homes they can offer at lower price points and are more likely to sell. As Realtor.com says:

“Builders are increasingly bringing more affordable new construction homes to the market, so buyers may find more new construction homes that fit their budget.” 

Something to keep in mind: buying a new construction home isn’t the same as buying an existing one. Builder contracts have different fine print. So be sure to partner with a local agent who knows the market, builder reputations, and what to look for in those contracts.

Bottom Line

Depending on your needs and budget, a new build might be the opportunity you’ve been waiting for to bring your homebuying vision to life. If you’re interested in a new construction home, just reach out. I stay informed to the newest construction home communities and builders giving incentives to buyers to purchase their homes. Scott Meadows - Broker Associate - Premiere Plus Realty - 239.220.1157

Dec. 9, 2024

Should You Sell Your House As-Is or Make Repairs?


Bonita Springs Homes for Sale

recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead (see chart below):

a pie chart with text on itIf you’re feeling stressed because you don’t have the time, budget, or resources to tackle any repairs or updates, you may be tempted to sell your house as-is, too. But before you decide to go this route, here’s what you need to know.

What Does Selling As-Is Really Mean?

Selling as-is means you won’t make any repairs before the sale, and you won’t negotiate fixes after a buyer’s inspection. And this sends a signal to potential buyers that what they see is what they get.

If you’re eager to sell but money or time is tight, this can be a relief because it’s that much less you'll have to worry about. But there are a few trade-offs you’ll have to be willing to make. This visual breaks down some of the pros and cons:

a screenshot of a blue and white screenTypically, a home that’s updated sells for more because buyers are often willing to pay a premium for something that’s move-in ready. That’s why you may find not as many buyers will look at your house if you sell it in its current condition. And less interest from buyers could mean fewer offers, taking longer to sell, and ultimately, a lower price. Basically, while it’s easier for you, the final sale price might be less than you’d get if you invested in repairs and upgrades.

That doesn’t mean your house won’t sell – it just means it may not sell for as much as it would in top condition.

Here’s the good news though. In today’s market, as many as 56% of buyers surveyed would be willing to buy a home that needs some work. That’s because affordability is still a challenge, and while there are more homes for sale right now, inventory is lower than the norm. So, you might find there are a few more buyers who may be willing to take on the work themselves.

How an Agent Can Help

So, how do you make sure you’re making the right decision for your move? The key is working with a pro.

good agent will help you weigh your options by showing you what comparable homes in your area have sold for, what updates your neighbors are making, and guide you in setting a fair price no matter what you decide. That helps you anticipate what your house may sell for either way – and that can be a key factor in your final decision.

Once you’ve picked which route you’re going to go and the asking price is set, your agent will market your house to maximize its appeal. And if you decide to sell as-is, they’ll call attention to the best features, like the location, size, and more, so it’s easy for buyers to see the potential, not just projects.

Bottom Line

Selling a home without making any repairs is possible in today’s market, but it does have some trade-offs. To make sure you’re considering all your options and making the best choice possible, let's have a conversation.

Dec. 9, 2024

Bonita Springs Real Estate Market Report

Bonita Springs Real Estate Market Report

Bonita Springs Real Estate Market Report

Stay up to date on the current real estate market trends with Bonita Springs Real Estate Market Reports. You'll see up to the minute active listings as they become available, also real estate listings that are currently pending and the most recent sales that have occurred in Bonita Springs. This will give you the advantage when negotiating the best price for your future Bonita Springs home.