December 2007

ARE THE BUYERS PLAYING A WAIT AND SEE GAME?

Tuesday, December 18th, 2007 at 5:01pm. 96 Views, 0 Comments.

It seems as if the many buyers are playing a waiting game in the greater Naples Real Estate Market today and I’m not too sure what they are waiting for. I get the impression that they perceive the market will go lower and with the great amount of inventory that we currently have will be there for quite some time to come.

As far as the market going lower, who really knows. I tell clients that if I could definitively put my finger on it and accurately predict the outcome, we wouldn’t be having this conversation. I would be down in Port Royal enjoying cocktails on my 150 foot yacht and we wouldn’t be having this conversation! With regard to the large inventory that we have now being around for quite some time, I would suspect that they are right, it will be…

IT'S A GREAT TIME TO BE A BUYER!

Friday, December 7th, 2007 at 11:19am. 100 Views, 0 Comments.

Whether you’re a first time buyer having rented for years or whether you are seasoned professional, it is a great time to be a buyer in the Naples, Florida market! All indicators are excellent with interest rates at the lowest point in quite some time. 

But buyers must get over the fear that the market is going lower and take advantage of some of the fantastic deals that are out there. They need to be made aware that they aren’t buying for the short term and that their investment will be a solid one, provided that they receive good guidance from their real estate professional.

The real issue for buyers in this market is that while they sit on the fence pondering whether the market is going lower, Canadians and Europeans are coming to town and quietly…

CHANGING THE PRICING PHILOSOPHY

Sunday, December 2nd, 2007 at 4:53pm. 105 Views, 0 Comments.

The buyers are certainly out there looking, although they seem to be taking their time about writing offers even though the product is perceived as a value. For the sellers, it can be quite frustrating, since they have either reduced their price to get it to where it really needs to be or they have priced the property correctly from the onset.

I’m of the philosophy the it is useless to entertain taking a listing unless it is priced correctly right out of the gate. In my opinion, priced correctly means pricing the property so that it has no competition in the community, which generally makes it the lowest priced property by far.

Although sellers are usually reluctant to entertain that, I try convince them that it is far better, in today’s highly…