Fiddler's Creek January 2009 Statistics
330 - Active
12 - Pending
4 - Closed
Source: SunshineMLS, Inc.
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Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Friday, February 6, 2009
Saturday, January 24, 2009
Elegant Home Tour
About 200 members of the Woman’s Club of Marco Island converged on Fiddler’s Creek Jan. 16 on their annual tour of area elegant homes. It is the club’s largest fundraiser, and money raised goes towards scholarships for promising Marco Island students. The morning tour of four luxury homes was rounded off with a luncheon at the Fiddler’s Creek Clubhouse and a fashion show presented by Kay’s on the Beach of Marco Island
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View Fiddler's Creek Luxury Golf Homes for Sale
Friday, January 2, 2009
Fiddler's Creek Naples FL - Closed Sale Report
Fiddler's Creek December 2008 Statistics
325 - Active
7 - Pending
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
325 - Active
7 - Pending
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Sunday, December 28, 2008
The Future for Home Prices
Americans still see real estate as their best shot at wealth. It may be wishful thinking.
Over the past few years, Americans have had a brutal lesson in the risks of real estate.
Many Americans still see real estate as their best shot at wealth. In survey after survey, people expect prices to bounce back -- in some cases, as soon as six months from now.
Down the Road
And longer term? Over the next 10 to 20 years, housing economists expect prices will rise again -- but, on average, probably not nearly as much as they've averaged over the past decade. That isn't to say that some places won't experience booms (and busts). But, the experts say, you should generally expect house prices to rise just a bit more than inflation and roughly in line with household income.
Karl Case, an economics professor at Wellesley College whose name adorns the S&P Case-Shiller home-price indexes, has studied U.S. house prices going back to the 1890s. Over the long run, he says, home prices tend to increase on average at an inflation-adjusted rate of 2.5% to 3% a year, about the same as per capita income. He thinks that long-run pattern is likely to continue, despite the recent choppiness.
Other experts make similarly modest predictions. William Wheaton, a professor of economics and real estate at the Massachusetts Institute of Technology, says he expects house prices to increase at a rate roughly one percentage point higher than inflation over the long term. Celia Chen, director of housing economics at Moody's Economy.com, a research firm, expects house prices to increase an average of around 4% a year over the next couple of decades.
Some experts say it's a bad idea to count on your home rising in value at all. People should think of their own homes mainly as places to live, not as investments, advises Kenneth Rosen, chairman of the Fisher Center for Real Estate at the University of California, Berkeley. Sure, home mortgages provide tax benefits, and most homes appreciate in value over the long run, he says, but there is always risk.
For all of those forecasts, many Americans are undaunted. Consider three surveys, all from October.
In a poll of 2,000 adults, real-estate-data provider Zillow.com found that 61% believed the value of their home would either remain level or rise over the next six months. Another survey of more than 1,000 homeowners, sponsored by real-estate-services firm Realogy Corp., found that 91% thought that owning a home was the best long-term investment they could make. And an online survey of 5,000 people commissioned by Citigroup found that just 32% believed it was a good time to invest in stocks -- but 51% said it was a good time to buy a home.
Source: wsj.com
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Over the past few years, Americans have had a brutal lesson in the risks of real estate.
Many Americans still see real estate as their best shot at wealth. In survey after survey, people expect prices to bounce back -- in some cases, as soon as six months from now.
Down the Road
And longer term? Over the next 10 to 20 years, housing economists expect prices will rise again -- but, on average, probably not nearly as much as they've averaged over the past decade. That isn't to say that some places won't experience booms (and busts). But, the experts say, you should generally expect house prices to rise just a bit more than inflation and roughly in line with household income.
Karl Case, an economics professor at Wellesley College whose name adorns the S&P Case-Shiller home-price indexes, has studied U.S. house prices going back to the 1890s. Over the long run, he says, home prices tend to increase on average at an inflation-adjusted rate of 2.5% to 3% a year, about the same as per capita income. He thinks that long-run pattern is likely to continue, despite the recent choppiness.
Other experts make similarly modest predictions. William Wheaton, a professor of economics and real estate at the Massachusetts Institute of Technology, says he expects house prices to increase at a rate roughly one percentage point higher than inflation over the long term. Celia Chen, director of housing economics at Moody's Economy.com, a research firm, expects house prices to increase an average of around 4% a year over the next couple of decades.
Some experts say it's a bad idea to count on your home rising in value at all. People should think of their own homes mainly as places to live, not as investments, advises Kenneth Rosen, chairman of the Fisher Center for Real Estate at the University of California, Berkeley. Sure, home mortgages provide tax benefits, and most homes appreciate in value over the long run, he says, but there is always risk.
For all of those forecasts, many Americans are undaunted. Consider three surveys, all from October.
In a poll of 2,000 adults, real-estate-data provider Zillow.com found that 61% believed the value of their home would either remain level or rise over the next six months. Another survey of more than 1,000 homeowners, sponsored by real-estate-services firm Realogy Corp., found that 91% thought that owning a home was the best long-term investment they could make. And an online survey of 5,000 people commissioned by Citigroup found that just 32% believed it was a good time to invest in stocks -- but 51% said it was a good time to buy a home.
Source: wsj.com
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Monday, December 1, 2008
Fiddler's Creek Naples FL - Closed Sale Report
Fiddler's Creek November 2008 Statistics
330 - Active
5 - Pending
1 - Closed
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
330 - Active
5 - Pending
1 - Closed
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Friday, November 28, 2008
Florida Association of Realtors report indicates home sales up in third quarter
According to the latest housing statistics from the Florida Association of Realtors, sales of existing single-family homes in Florida rose 5 percent in third quarter 2008 compared to the same period last year. A total of 33,203 existing homes sold statewide in the third quarter this year; during the same period last year, 31,558 existing homes sold statewide.
FAR reports the statewide existinghome median sales price was $185,400 in the third quarter; a year ago, it was $233,200 for a decrease of 20 percent. In 2003, the third-quarter statewide median sales price was $163,700, which reflects an increase of about 13.3 percent over the five-year period. The median is a typical market price where half the homes sold for more, half for less.
To gain insight into Florida's real estate industry trends, the University of Florida's Bergstrom Center for Real Estate Studies conducts a quarterly survey of industry executives, market research economists, real estate scholars and other experts. Based on the third quarter 2008 survey, the investment outlook for various types of properties remains steady.
"People who have responded to our surveys have not lost their faith in Florida as a place to be and a place to invest," Wayne Archer, director of the center, said. "We have 40 pages of comments… and although the dominant theme is the disruption of financing, perhaps the second theme, as one person put it, is people being on the sidelines with full pads and helmets just waiting to jump back in."
Source: Florida Weekly
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Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
FAR reports the statewide existinghome median sales price was $185,400 in the third quarter; a year ago, it was $233,200 for a decrease of 20 percent. In 2003, the third-quarter statewide median sales price was $163,700, which reflects an increase of about 13.3 percent over the five-year period. The median is a typical market price where half the homes sold for more, half for less.
To gain insight into Florida's real estate industry trends, the University of Florida's Bergstrom Center for Real Estate Studies conducts a quarterly survey of industry executives, market research economists, real estate scholars and other experts. Based on the third quarter 2008 survey, the investment outlook for various types of properties remains steady.
"People who have responded to our surveys have not lost their faith in Florida as a place to be and a place to invest," Wayne Archer, director of the center, said. "We have 40 pages of comments… and although the dominant theme is the disruption of financing, perhaps the second theme, as one person put it, is people being on the sidelines with full pads and helmets just waiting to jump back in."
Source: Florida Weekly
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
Tuesday, November 4, 2008
Fiddler's Creek Naples FL - Closed Sale Report
Fiddler's Creek October 2008 Statistics
308 - Active
1 - Pending
1 - Closed
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
308 - Active
1 - Pending
1 - Closed
Source: SunshineMLS, Inc.
View Fiddler's Creek Luxury Golf Course Homes for Sale
Contact Dvorah Eder, Fiddler's Creek Specialist
DvorahEder@msn.com
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