November 14, 2011 in Blog by admin

Cold Weather in Chicagoland Turns Thoughts to Naples, FL

Fall is definitely here with the rain, cool weather and thoughts of winter around the corner. For many of us who are ready to take the next step – retirement or those of us that are just tired of the cold and snow a change of location might be in order.

Now that I have my Real Estate Broker license in Florida and access to the Naples area MLS I wanted to find out what is on the market/ Currently close to 6,000 active listings are available in the Greater Naples area.

A lot of variety with a broad range of prices to entice almost everyone. Whether looking for a simple home under $100K or your dream home in the millions the Naples area has enough inventory but multiple offers are starting to be common in the lower price points and prices are stabilizing and increasing. According to Realtor.com:

7. Naples, Fla.
Average list price: $713,087
Year-over-year increase: 15.13%

According to Realtor.com Florida has 10 out of 15 ciities that are seeing price increases so now is the time to make the move.

Under $100K – 3 bedrom 1 bath or 2 – 59 listings – short sales, TLC, foreclosures, some with pools even in various parts of Naples area.

Sure, these are not in the “gated golf communities” that Naples is famous for but many are on large lots of 1 acre and yes they need work but for those that are willing to do the work you can move and enjoy sunshine instead of cold and snow!

Some of the subdivisions represented are: Avalon Estates, Arrowhead Reserve, Naples Manor, Trail Acres, Golden Gate Estates, Golden Gate City, Jubilation and Shadowlawn to name a few. Under 1300 sq. ft on average.

$101K to $200K – 3 bedroom 1 or 2 bath – 177 listings – More variety – large square footage

$201 to $300K – 3 Bedrooms,w 1/2 baths – 177 listings – Variety, large square footage.

$301 to $500K – 3,4,5+ Bedrooms, 1/2+ baths – 516 listings – Many in gated communities with tons of amenities but along with the amenities come Quarterly association fees and restrictions. With subdivisions such as: Banyan Woods, Olde Cypress, Lake Placid, Wilshire Lakes, Island Walk, Imperial Golf Estates and similar lifestyle subdivisions.

$501K to 1M – 3, 4, 5, or more bedrooms – 1, 2 or more baths – 459

Location, Location – these homes are closer to the beach, in exclusive or old Naples subdivisions with the space and workmanship that the price range commands with large square footage, some are even totally furnished.

With 613 listings in the million plus category you can find an equivalent home from your Gold Coast, North Shore, Barrington or Naperville residence. From the $28M “Casita De La Playa” on 1.5 acres on the Gulf of Mexico, to the $1,050,000 5 bedroom home in Coquina Sands. With this much selection you are bound to find a home that appeals to your dreams of a Naples summer home or your final dream home.

Start your search here.

Before you know it Chiagoland will be knee deep in snow while further south they will be enjying the sun and beach that the Naples Florida area is famous for. So what are you waiting for? Contact your personal connection to the Sunshine State! Same number for both states – 630-251-0059!

Evelyn Santiago

Naples Broker Realty – FL

Dynamic Real Estate Network, Inc. – IL

November 14, 2011 in Blog by admin

Oswego IL October 2011 Market Activity

The winds are howling and leaves are almost off the trees as one of the colder nights in Chicagoland begins. Looking back at another month of home sales in Oswego the numbers tell the story.

In the single family detached homes there are currently 219 active listings, 14 new listings less than 7 days old with 15 price changes, 66 homes in contingent stage and 10 pending a closing date. In October 31 homes were sold. Year to date 262 homes have been sold. Out of that number 61 were foreclosures and 32 were short sales. In 2010 we had sold 242 homes so we are ahead of the game this year!

In the attached single family category we have 66 active listings, 2 new listings, 25 price changes, 26 contingent with 8 sold homes in October. 91 homes have been sold year to date with 34 foreclosures, 20 short sales and 1 corporate own. By the same time 2010 we had sold 105 attached homes so we are also ahead in the attached homes.

If you are planning to buy or sell your home this year in the Oswego, Montgomery, Yorkville or Aurora IL  and surrounding areas, remember that I am here ready to assist you reach your real estate goals!