Pelican Bay March 2009, Closed Sale information: Homes $1,000,000 and up.
Active 431
Pending 49
Closed 7
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Thursday, April 2, 2009
Wednesday, March 4, 2009
Pelican Bay Waterfront Real Estate - Closed Sale Report
Pelican Bay February 2009, Closed Sale information: Homes $1,000,000 and up.
Active 416
Pending 35
Closed 2
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Active 416
Pending 35
Closed 2
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Saturday, February 28, 2009
Home trends point to ‘manageable’ spaces
With 77 million Americans born between 1946 and 1964, it is no wonder that builders and developers look to this generation of baby boomers as trend-setters in the housing market. So when Hanley Wood, a leading edge business media and information firm, and DYG research firm, surveyed home-owning baby boomers to find out what they want in their homes, builders were eager to apply the information.
The Hanley Wood survey, published in part in Big Builder Magazine, indicated that 58 percent of those surveyed wanted to move to a smaller home. More than a third wanted to remodel or move in order to have a single-story home. Instead of a single, large home in one location, 44 percent of those surveyed indicated that they would prefer a second home and split the square footage between two houses, prompting many national builders to reintroduce the vacation home — a smaller, lower-priced home. The detached, single-family home was the preferred housing type for 72 percent of those surveyed.
Source: naplesnews.com
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
The Hanley Wood survey, published in part in Big Builder Magazine, indicated that 58 percent of those surveyed wanted to move to a smaller home. More than a third wanted to remodel or move in order to have a single-story home. Instead of a single, large home in one location, 44 percent of those surveyed indicated that they would prefer a second home and split the square footage between two houses, prompting many national builders to reintroduce the vacation home — a smaller, lower-priced home. The detached, single-family home was the preferred housing type for 72 percent of those surveyed.
Source: naplesnews.com
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Friday, February 6, 2009
Pelican Bay Waterfront Real Estate - Closed Sale Info
Pelican Bay January 2009, Closed Sale information: Homes $1,000,000 and up.
Active 418
Pending 18
Closed 3
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Active 418
Pending 18
Closed 3
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Saturday, January 24, 2009
Existing-Home Sales Show Surprising Gain
Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate of 4.74 million units in December. The number compares to a downwardly revised pace of 4.45 million units in November, but 3.5 percent below the 4.91 million-unit pace in December 2007.
For all of 2008, there were about 4.9 million existing-home sales -- 13.1 percent below the 5.65 million transactions recorded in 2007. This is the lowest volume since 1997 when there were 4,371,000 sales.
Total housing inventory at the end of December fell 11.7 percent to 3.68 million existing homes available for sale, which represents a 9.3-month supply at the current sales pace, down from a 11.2-month supply in November.
“We’ve added 25 million people to our population over the past decade and housing affordability conditions are the best we’ve seen since 1973, but household formation is much lower than expected,” he said. “Consequently, there is a pent-up demand which could be unleashed with the right stimulus, including a non-repayable home buyer tax credit. The Obama administration and Congress need to move fast to stimulate a spring sales upturn which will help to stabilize home prices and set the foundation for a sustainable economic recovery.” -Lawrence Yun, NAR chief economist
Source: Realtor.org
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate of 4.74 million units in December. The number compares to a downwardly revised pace of 4.45 million units in November, but 3.5 percent below the 4.91 million-unit pace in December 2007.
For all of 2008, there were about 4.9 million existing-home sales -- 13.1 percent below the 5.65 million transactions recorded in 2007. This is the lowest volume since 1997 when there were 4,371,000 sales.
Total housing inventory at the end of December fell 11.7 percent to 3.68 million existing homes available for sale, which represents a 9.3-month supply at the current sales pace, down from a 11.2-month supply in November.
“We’ve added 25 million people to our population over the past decade and housing affordability conditions are the best we’ve seen since 1973, but household formation is much lower than expected,” he said. “Consequently, there is a pent-up demand which could be unleashed with the right stimulus, including a non-repayable home buyer tax credit. The Obama administration and Congress need to move fast to stimulate a spring sales upturn which will help to stabilize home prices and set the foundation for a sustainable economic recovery.” -Lawrence Yun, NAR chief economist
Source: Realtor.org
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Friday, January 2, 2009
Pelican Bay Waterfront Real Estate - Closed Sale Info
Pelican Bay December 2008, Closed Sale information: Homes $1,000,000 and up.
Active 161
Pending 2
Closed 4
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Active 161
Pending 2
Closed 4
Source: SunshineMLS, Inc.
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Sunday, December 28, 2008
Pending Home Sales Holding In Stable Range
Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®.
The Pending Home Sales Index,¹ a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly revised reading of 89.5 in September, and is 1.0 percent below October 2007 when it was 89.8.
Lawrence Yun, NAR chief economist, said a review of the past year is instructive. “Despite the turmoil in the economy, the overall level of pending home sales has been remarkably stable over the past year, holding in a generally narrow range,” he said. “We did see a spike in August when mortgage conditions temporarily improved, which underscores two things – there is a pent-up demand, and access to safe, affordable mortgages will bring more buyers into the market.”
Conditions remain uneven around the country, but some areas that are showing healthy gains in pending home sales from a year ago include many Florida and California markets, Providence, R.I.; Lansing, Mich.; Oklahoma City; and Las Vegas. ²
Yun expects growth in the U.S. gross domestic product (GDP) to contract through the first half of 2009, then stabilize and expand in latter part of the year – lifted by a home sales recovery. “Given the critical role of housing in an economic recovery, we’re confident sufficient stimulus will be offered to bring more buyers to the market,” he said.
Looking at middle-ground assumptions, existing-home sales are forecast to total 4.96 million this year, and then increase to 5.19 million in 2009 and 5.55 million in 2010.
New-home sales for 2008 should total 486,000 this year, decline to 393,000 in 2009 and then grow to 446,000 in 2010. Housing starts, including multifamily units, are projected at 934,000 units in 2008 and 731,000 next year before rising to 772,000 in 2010.
Source: realtor.org
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
The Pending Home Sales Index,¹ a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly revised reading of 89.5 in September, and is 1.0 percent below October 2007 when it was 89.8.
Lawrence Yun, NAR chief economist, said a review of the past year is instructive. “Despite the turmoil in the economy, the overall level of pending home sales has been remarkably stable over the past year, holding in a generally narrow range,” he said. “We did see a spike in August when mortgage conditions temporarily improved, which underscores two things – there is a pent-up demand, and access to safe, affordable mortgages will bring more buyers into the market.”
Conditions remain uneven around the country, but some areas that are showing healthy gains in pending home sales from a year ago include many Florida and California markets, Providence, R.I.; Lansing, Mich.; Oklahoma City; and Las Vegas. ²
Yun expects growth in the U.S. gross domestic product (GDP) to contract through the first half of 2009, then stabilize and expand in latter part of the year – lifted by a home sales recovery. “Given the critical role of housing in an economic recovery, we’re confident sufficient stimulus will be offered to bring more buyers to the market,” he said.
Looking at middle-ground assumptions, existing-home sales are forecast to total 4.96 million this year, and then increase to 5.19 million in 2009 and 5.55 million in 2010.
New-home sales for 2008 should total 486,000 this year, decline to 393,000 in 2009 and then grow to 446,000 in 2010. Housing starts, including multifamily units, are projected at 934,000 units in 2008 and 731,000 next year before rising to 772,000 in 2010.
Source: realtor.org
Search Pelican Bay Luxury Beachfront Homes for sale
Contact Larry & Mary Catherine White, Naples Luxury Beachfront Specialists
Info@NaplesLuxuryEstates.com
Subscribe to:
Posts (Atom)
