August 25, 2011 by Jed Smith, Managing Director, Quantitative Research · 1 Comment
Filed under: REALTORS® Confidence Index, Renting
Realtors® have been reporting rising rents on a year-over-year basis. In recent years total housing production (single family, multifamily, manufactured housing) has been running in the neighborhood of 600,000 units, while the demand for new space due to housing formations, obsolescence of the existing housing stock, and second homes has been in the neighborhood of 1.35 million units. We are continuing to run a housing deficit.
Currently the housing markets are perceived as slow—both in terms of price and sales. However, unmet demand for new units is building on an ongoing basis, so it appears that there continues to be the potential for rent increases, and some of this increased demand should eat into the foreclosure and shadow inventories in future years. For more information on Sales & Rentals In Naples, Bonita SPrings & Estero contact Emily Antonas of the Paradise Coast Team of Main Street Properties at 239-465-9596 Emily@NaplesNative.net www.NaplesNative.net
Friday, August 26, 2011
Thursday, August 25, 2011
1295 Gulf Shore Blvd #134, Naples, FL | Powered by Postlets
COMMUNITY FEATURES
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RENTAL RATES Available for Nightly, Weekly & Monthly stay, call for rates to book your stay! |
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Posted: Aug 25, 2011, 5:28am PDT |
Tuesday, August 16, 2011
AVAILABLE daily, weekly & long term! This fabulous 1st floor condo Naples rental is located on Gulf Shore Blvd S. less than 1 block from The Naples Pier. You cannot beat this location that is walking distance to Historic 3rd Street South in Old Naples. Enjoy a variety of dining such as Tommy Bahamas, Campiello's along with the well known shopping district Downtown Naples is known for. Wake up to the sea breeze, dip your feet in the warm Gulf waters and of course gaze upon our magnificent sunsets- What else can you possibly need? This Naples rental has 2 bedrooms & 2 full baths. It has been upgraded offering a full kitchen, 16" tile throughout, tile backsplash in kitchen, plenty of windows making it light, bright & airy. The open layout makes it great for a short get away or for a long term rental. AVAILABLE daily, weekly & long term! Once you get here you won't want to leave. $50.00 processing fee. June 1 - September 30, 2011 $400/weekly or $1800/month. Call Emily Cox Antonas of the Paradise Coast Team with Main STreet Properties 239-465-9596 Emily@NaplesNative.net www.NaplesNative.net
SOLD! 9102 Capistrano St Naples FL 34113-UNDER CONTRACT!!
Enjoy one of the most desireable & unique models Ole at Lely Resort offers. This Santa Cruz model offers 3 spacious bedrooms, 2.5 baths and a 2 car garage, but what makes this unique is that it is 1 of only 8 homes that have a rear screened balcony and a front porch. Your balcony overlooks the lush gardens and fabulous resort pool. Calling all chef's, this kitchen has plenty of countertop & cabinet space with a bar area that opens up to the dining room. Only a short distance from Ole's village center with a movie theatre, gorgeous resort style pool, fitness center offering a variety of classes for our fitness buff, ice cream parlor, it's own pub and bistro. lely Resort offers two public gold courses and an excellent location just 15 minutes away from downtown Naples and March Island's beaches. Enjoy Naples the way it was meant to be enjoyed. Call Emily Cox Antonas with the Paradise Coast Team of Main Street Properties at 239-469-9596
Let's go green...here is an interesting article on the new lights bulbs and the actual legislation on them:
Published: August 11, 2011
Panicky home owners fearing the light bulb police will take away their incandescents should chillax.
Panicky home owners fearing the light bulb police will take away their incandescents should chillax. Federal legislation doesn’t ban Edison’s bulb; it just requires that 100-watt incandescent bulbs become roughly 30% more energy efficient by January 2012; 75-watt bulbs in 2013, and 60- and 40-watt bulbs in 2014.
But your pulse should race at the number of light bulb choices currently on the market and the change in terminology on the horizon, says an article in today’s New York Times. CFLs, LEDs, lumens, and watt equivalents — it’s enough to make you shut off the lights and take a nap.
Times reporter Bob Tedeschi grabbed armloads of different bulbs and tested them throughout his house, so you don’t have to. He likes GE Bright from the Start Energy Smart CFL for the kitchen; Philips EcoVantage and SylvaniaSuperSaver for the dining room; and Philips AmbientLED for reading in the living room.
Tedeschi also provides some tips for the light bulb challenged — basically, all of us.
His top tip? Take it slow.
“Don’t shop all at once for every socket in the house,” Tedeschi says. “Lighting technology, particularly for LEDs, is improving rapidly, and prices are dropping steadily, so it makes more sense to replace bulbs as needed.”
What do you think about the new lightbulb standards? Will you ditch your old incandescent bulbs or hoard them? For all your South Florida Real estate needs call Emily Antonas of The Paradise Coast Team of Main Street Properties at239-465-9596 or email Emily@NaplesNative.net to view properties check out www.NaplesNative.net Our firm covers Naples, Bonita Springs, Estero & Ft. Myers Sales, Rentals & Home Watch.
My how things change.... When the foreclosures started hitting the market in Naples, FL you just did not see the multi million dollar homes in the inventory. As time went on even those properties started to show up. Here we are more than half way through 2011 with very few REO's/Bank Repo'/Foreclosures under $200,000 but the Multi-Million Dollar foreclosures are there and PRICED RIGHT!! Here is just one that is simply beautiful, If you are interested in this home or any other please email Sales@NaplesNative.net or call Emily Antonas of the Paradise Coast Team of Main Street Properties
239-465-9596
Hurricane To-Do List
Hurricanes are powerful and dangerous storms; but if you are prepared, you will survive with the least amount of discomfort!
Here are some things you can do at the beginning of the season, to help make your home and family "hurricane resistant"!
- Prepare your survival kit with enough supplies to last you, your family, and pets for at least three days.
- As you purchase items on the list, check them off until your kit is complete. Next to the list, write down where the kit and any separate items are stored. Even if you plan to evacuate, you need to have these supplies with you.
- Write down your FPL account number for faster service: ________________.
- In case of an outage, call 1-800-4-OUTAGE
- Update your homeowners insurance; make sure you are covered for wind and flood damage. If you rent, purchase renter's insurance. Know your deductibles, they may be higher than you think! Get additional tips about your insurance here.
- Find out the elevation of your home and how the surrounding area would flood in a hurricane.
- Videotape or take a written inventory of all your belongings.
- Keep your yard free of debris. Cut down any dead tree limbs. Remove weak, damaged or diseased trees.
- If you do not have pre-installed shutters, measure all windows and doors for plywood covers. Pre-cut the plywood and install anchors.
- Purchase a kit to brace your garage door, especially if your home was built before 1993.
- Drive through your designated hurricane evacuation route. Consider alternative routes as you go.
- Locate the nearest public shelters. Not all shelters will be opened during a hurricane. Be aware of several alternatives.
- Purchase a battery operated weather radio with the tone alert.
- Take a first aid class.
- Make sure your street address is clearly marked on your home.
- Complete your personal hurricane plan
Brought to you by NBC-2 http://www.nbc-2.com/story/10657571/to-do-list
Need-to-Know Info for First-Time Home Owners
Escrow Accounts: What’s the Deal?
Published: October 22, 2010
Does your escrow account ever cross your mind? Probably not. But forgetting to monitor it can lead to lost money and a big headache.
Escrow accounts: lenders love them; you might not
As handy as they are, you’ll find some significant hitches:
- You lock up your money before your tax and insurance payments are due, since your lender is taking the money out each month, often long before the tax payment is actually due.
- Your lender usually doesn’t have to pay you interest on your escrow account—it varies by state.
- Your lender may screw up paying taxes or insurance, and even though it has to fix mistakes, you have to make the time and effort to follow up.
- There may be tax advantages to timing your property tax expenses—but you can’t do that if you’re paying a flat fee in escrow each month.
But your lender may insist on an escrow account because it:
- Helps guarantee your insurance and taxes will be paid.
- Ensures your lender will get the first claim on your house if you default, ahead of the local government.
In fact, your lender may do you the honor of charging you a flat fee for opting out of an escrow account, or it will add 0.25% to 0.5% to the loan amount if you decline to use an escrow account.
How to manage your escrow account
Your lender has to give you an annual escrow account statement and refund any available balance when you sell your house or refinance your mortgage. Check your escrow account statement carefully:
- Make sure everything adds up. "If I have my escrow statement, my property tax bill, and my homeowner insurance declaration page, and everything matches up, then I'm fine," says Debbie Siegel, president of WestchesterMortgage in Newton, Mass.
- Check the size of the escrow account. Lenders are allowed to keep a reserve of no more than two months in payments in most states, and in some situations it’s even less. Your REALTOR® or lawyer can give you the skinny in your case.
- Contact your lender in writing if you find a problem in your escrow account. If your lender missed an insurance payment, it should pay any late fees as long as your mortgage payments are current, according to the U.S. Department of Housing and Urban Development. If your insurance is canceled as result of your lender's late payment, you can sue your lender.
- Know your rights. Your lender must acknowledge your letter within 20 days and try to fix your problem within 60 days. If you're still not satisfied, file a complaint with HUD.
Don’t worry, however, if your escrow account balance is temporarily negative. It’s probably due to a recent increase in your taxes or insurance. Your lender will pay your taxes and insurance, although you will need to reimburse your lender for the shortfall.
A final word: Usually basic home owners insurance will be paid out of an escrow account. If you have extra coverage for your original Matisses, for example, you may need to pay that premium directly to your insurer.
Susan B. Weiner has written on financial topics for Bottom Line/Personal, Financial Planning, Wealth Manager, and other national publications for more than 15 years. She learned firsthand that when your house combines two lots, your escrow account may initially fail to pay the tax bill on the second lot.
**Emily Cox Antonas**
Realtor, SFR
239-465-9596 Direct
239-949-2477 Fax
www.NaplesNative.Net
NAPLES * BONITA SPRINGS * ESTERO
SALES * RENTALS * HOME WATCH
Buyers have many things to consider when buying a home and credit is one of the most important. Below is information brought to you by Emily Cox Antonas, Realtor of the Paradise Coast Team with Mainstreet Properties serving from Naples to Fort Myers. Call 239-465-9596 for all your real estate needs in South Florida. Our team helps buyers, sellers, landlords & tenants.
What Affects Credit Scores? 7 Misconceptions
Published: October 22, 2010
If you’re trying to raise your credit score to get a good rate for a refinance or HELOC, you might be surprised by what affects—or doesn’t affect—your score.
More money improves your credit score
False. Your level or sources of income don’t affect your credit score, although lenders may look at it when making loan decisions, according to the Fair Isaac Corp., the company that issues the commonly used FICO credit scores.
Ownership of several credit cards can hurt your credit score
Mostly false. Having many credit lines isn’t necessarily a bad thing, says credit expert Liz Weston, author of Your Credit Score. Multiple lines give you a favorable debt-to-available-credit ratio. But use them correctly: It’s best to keep any balances below 10% or 20% of the total credit line, she says. Anything more will affect the ratio of debt-to-available-credit, which can decrease your credit score.
Opening and closing credit lines can hurt your credit score
True. New credit applications can decrease your credit score, so be careful about applying for new credit cards or personal loans before applying for a HELOC, second mortgage, automobile loan, or other large line of credit.
Surprise: Closing existing credit lines may also hurt your credit score, since it’ll damage your debt-to-available-credit ratio. A good rule is not to make any credit changes in the months leading up to a major credit request, such as for a HELOC.
Consolidating credit lines will help your credit score
Mostly false. Although it may seem like a good idea to move all your balances to one card, that can actually hurt your credit score, since your debt-to-available-credit ratio will spike on that card, says Weston.
However, credit expert Harrine Freeman says such a slight decline isn’t necessarily a deal-breaker for a loan, especially if the card has a lower interest rate and will allow you to pay off the balance sooner. Your score will increase as soon as that ratio goes down.
Changing jobs can hurt your credit score
Partly true. Taking a new job or losing your job doesn’t affect your credit score. However, if you have a spotty employment history, lenders may hold that against you in making a loan. Dips in income may signal that it could be difficult to pay bills in a timely manner.
Co-signing for others can hurt your credit score
Partly true. Simply co-signing on a loan for someone else may not affect your score, but if that person is late on paying the loan, it’s likely to show up on your report, says Freeman. And that’s a nasty surprise if you didn’t know the person was late.
Judgments and liens aren’t considered in your credit score
False. If you’ve had a judgment or lien filed against you, it’s considered in your payment history, which represents 35% of your score.
Similarly, while most utility companies don’t report payment history to credit bureaus, your account will likely be reported if it is seriously delinquent and referred to a collection agency.
Additional details on how to manage your FICO score are available on the FICO site.
Gwen Moran is a freelance business and finance writer from the Jersey shore. She’s the co-author of The Complete Idiot’s Guide to Business Plans and writes frequently about real estate.
Wednesday, August 10, 2011
I Just Love Some Campiello’s Atmosphere on a Friday Night!
As their site says “Campiello blends a cosmopolitan sense of style with the rustic charm of Italian country cooking. The heart of the restaurant is its open kitchen, where savory meats roast over open fires and fresh pizzas cook in a wood-burning oven. The bar, meanwhile, draws its own attention as a lively, see-and-be-seen gathering spot. Carrying on the tradition of the first Campiello opened in 1995 in Minneapolis’ Uptown neighborhood, you can now visit Campiello located in Eden Prairie, Minnesota, and our Florida location in Naples.”
What they don’t tell you is how you can sit down any time day or night and enjoy a great outdoor dining experience. They also offer live music that is nice to have as well. My personal favorite is the pork, I don’t make it at home very often and why compete when they make it sooooo good!
Affordable Housing in Collier County…It Exist but not easy to find
Affordable Housing Information
Collier County’s Housing, Human and Veteran Services (HHVS) Department includes a vast operation that addresses affordable housing, social services, and veteran services. The affordable housing component of the department seeks to support the Housing Element of the Growth Management Plan.
HHVS works collaboratively with non-profit organizations, governmental agencies, and public-private partnerships to coordinate activities and effectively leverage federal and state grant funds awarded to Collier County.
May 27, 2011 PUBLIC NOTICE: REQUEST FOR PROPOSALS
Collier County Housing, Human and Veteran Services is requesting proposals to undertake eligible State Housing Initiatives Partnership Program (SHIP) projects. Projects must meet the following minimum qualifications to be eligible for consideration: (a) must benefit persons or households earning not greater than 80 percent area median income, (b) must involve rehabilitation or new construction, and (c) must be eligible under sections 420.907-.9079, Fla. Stat.
SHIP funds are available for a variety of activities including acquisition and rehabilitation of existing homes, demolition with new construction, special needs housing, and rental housing rehabilitation.
The application period will begin Friday, May 27, 2011 and will continue through 4:00 p.m. Monday, June 6, 2011. Interested persons may download a copy of the application. The application may be accessed in Word here or in PDF here.
Naples Airport Opens New Terminal
Naples Municipal Airport (APF) serves as the gateway to “paradise” for thousands of passengers each year. The airport is ideally located within minutes of downtown Naples with convenient access to major roads and Interstate 75, and is convenient for visitors, residents and businesses.
Of course, your visit to the airport is a brief one and only a part of your Naples experience. Whether you come for business or pleasure, Naples offers something for everyone.
The City of Naples and Collier County are home to some of Florida’s most beautiful white sand beaches. The area also features fantastic shopping, great dining, beautiful resorts, great fishing and recreational activities.
So the next time you’re planning a vacation or another business trip, let the Naples Municipal Airport serve as your gateway.
Need A Hangar ?
We may have just what you're looking for!! We currently have large T-Hangars available (1445 square feet, with a 47'6" door opening, 38' deep, 14' tall height) for $523.84 per month. We also have a couple of shade hangars available (prices vary).
FEMA New Flood Zone Maps for Collier County
FEMA Flood Insurance Rate Map Appeal Period to Begin
A 90-day appeal period for the recently revised flood insurance rate maps issued by the Federal Emergency Management Agency (FEMA) for Collier County begins Nov. 4. The appeal period is to allow new information to be brought forward that demonstrates that the proposed Base Flood Elevations (BFEs) are scientifically or technically incorrect. During the appeal period, property owners may contest the proposed BFEs as long as the appeals are based on scientific evidence that demonstrates a mapping error. The appeal period will end Feb. 2, 2011.If finalized, the proposed elevations will become the basis for floodplain management and regulation in Collier County. FEMA issued preliminary maps for the county in July. The maps were made public during a series of meetings held in August.
Any property owner or lessee who believes his or her property rights will be adversely affected by the BFE determinations may make an appeal during the 90-day period. Residents in unincorporated Collier County must submit appeals to:
County Manager Leo Ochs
Collier County Government Center
3299 Tamiami Trail E.
Suite 202
Naples, FL 34112-5746
Under FEMA procedures, the county will review and consolidate all appeals received and forward them to FEMA. Residents of the county’s municipalities should submit appeals to the following individuals:
City of Everglades City: The Honorable Sammy Hamilton, Jr., Mayor, City of Everglades City, 207 Broadway, PO Box 110, Everglades City, FL 34139
City of Marco Island: James C. Riviere, City Manager, City of Marco Island, 50 Bald Eagle Drive, Marco Island, FL 34145
City of Naples: The Honorable Bill Barnett, Mayor, City of Naples, 735 Eighth Street South, Naples, FL 34102
Individuals wishing to submit a BFE appeal for their property will need to present scientific evidence prepared by a professional engineer or surveyor demonstrating why the FEMA mapped flood elevation is incorrect. FEMA will consider any appeal that presents scientific or technical data that challenges the information upon which the proposed BFE determinations are based.
The BFEs are the basis for the floodplain management measures that are required by FEMA in order to remain qualified for participation in the National Flood Insurance Program. In addition the BFEs, once finalized, will be used by insurance agents and others to calculate the appropriate flood insurance premium rates.
The proposed map revisions are not effective until a formal process is completed by FEMA that consists of the following steps:
• 90-day appeal period where public can submit present scientific evidence demonstrating why the FEMA mapped flood elevation is incorrect (Nov. 4, 2010 – Feb. 2, 2011)
• Review and resolution of submitted appeals TBD (1)
• Letter of final determination by FEMA TBD (2)
• New Digital Flood Insurance Rate Map (DFIRM) becomes effective for building permits TBD(3)
• New DFIRM becomes effective for flood insurance TBD (3) plus six months
The Board of County Commissioners authorized its staff last week to proceed with preparation of an appeal of the Preliminary DFIRM based upon new topographic information. An appeal will be prepared for two of the 12 basins in the county – Golden Gate Main West and Golden Gate Estates which are based upon the drainage area of the main Golden Gate Canal.
For more information about the FEMA flood insurance rate map program, visit:http://www.fema.gov/hazard/map/firm/shtm
Finding Rentals is Getting Harder & Harder
The calls comes in ” I need to find a rental. I need 3 bedrooms, 2 baths, would like to have a 2 car garage, I have a dog & a cat and I need it asap!” Well that’s getting harder & harder to find since more & more people have lost their home, which has ruined their credit leaving renting as their only option. We’ve changed our website to better assist clients in the rental search.
Some of these rentals go so fast so our clients need to also keep a close eye on the market as well. Now at www.NaplesNative.net we offer a search of All Rentals, Annual Rentals & Seasonal Rentals…Pretty generic but for some folks it gives them plenty to choose from. Then to get down to the specifics we have even narrowed it down to Price so if you need a rental beteen $1500-$1200 for example, then you can see only the ones in that price range. Maybe we have someone only looking to rent in Bonita Springs west of 41 in the 34134 zip code, then we have that search as well. Of course, it’s a matter of having one of our team members help you with the specifics of each home and your needs to find the right one, but at least getting there won’t be touch a tedious process.
We hope to see you on out site and in our office so we can offer great service. Call Emily Cox Antonas 239-465-9596 for more information or to sign up for automated updates and searching capability.
Now offering full property services through our preffered vendor Omega Contracting & Consulting. Serving The Gulf Coast for painting, flooring, repairs, remodeling & new construction. See www.OmegaofSWFL.com
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