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Grandezza Monthly Market Report July 2010
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| Grandezza Featured Homes
Click on Link to View
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20130 Seagrove #2504 – $239,000
Oakwood
20241 Calice Ct #2601 – $272,000
Savona
Villa Grande
20191 Markward- $430,000
20036 Markward – $549,000
Grande Estates
20017 Oak Fairway – $1,000,000
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Grandezza Important (239) Numbers
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Gate House………….498-8895 Guest Automated #..498-2968 Clubhouse………….. 948-3569 Pro Shop……………. 948-2900
Tennis Pro Shop……738-7111
Master Property Mgr.947-4552
Golf Maintenaance…947-6296
Pool Services………..592-5539
Real Estate Service..777-0473
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Grandezza Quick Links
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Advanced MLS Search
Searching for property has never been easier! Click on the link below to view the active listings in that Community.
Click here to view closed sales history – Scroll to Grandezza
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| Links to Michael Burke’s Unique, Exclusive and Superior Marketing Tools that Sell your Home! |
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| Greetings Neighbor! |
State of the Market: Depends who you listen to…If you want the local weather forecast why would you listen to the national weather report? I am bringing you the local real estate forecast for Bonita Springs, Estero and Naples market place. As
Michael Burke
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Southwest Florida inventory goes down, we are seeing price come up. (Click here to view complete article).
All indications and data we have been collecting shows the single family homes have stabilized for the most part. However, the condo market continues to adjust. With that said, we have noticed more condos being shown, pended and closed in the last couple of months. This is a very good sign. If you are buying or selling, you need to be informed to make a proper business decision. To view the latest Market Data on your community, click here.
Price and buyer value continues to biggest factor for potential buyers. Sellers need to make sure they are "IN THE MARKET" -vs- being just "ON THE MARKET" there is a difference. (Click here to see)
Choose Michael Burke as your real estate professional and sit on the side of success.Michael is in the top 1% of all agents in the Bonita Springs / Estero market place. Buyers and sellers do not sit on the side line any longer, call me now free consultation.
Office: 239-498-7600
Cell: 239-777-0473
E Fax: 1-866-890-4452
"Michael is not your traditional realtor"
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| GRANDEZZA BREAKING NEWS |
Florida Development Partners, L.C. has entered into a contract to sell the club to Klaas Golf Group, Inc. and is currently in the early stages of the due diligence period. An announcement from these parties is expected in the near future. The Master HOA is reviewing any situations pertaining to this transaction that might impact any owners or golf club members.
We will make every attempt to keep you informed during this process as information becomes available.
Sincerely,
The Grandezza Master Board of Directors
Editor Comment: After dealing with home sales from Bonita Bay Communities when they were trying to sell their golf course to the home owners, it slowed down sales within those communities until the sale was official. Buyers were concerned about an assessment, however, this is a different type of purchase, a company is purchasing the club, not the home owners….stay tuned!
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Grandezza Market Trends
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View Grandezza Market Report
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| Lee County home prices increase 9 percent in May |
By news-press.com · June 22, 2010
Lee County home sales and median prices since 2002
Sales of existing single-family homes in Lee County remain steady even as median prices continue to climb.
The median price for area homes reached $96,900 in May compared with $88,500 in May 2009 – a 9 percent jump, according to statistics released Tuesday by the Florida Association of Realtors.
Home sales rose 3 percent from 1,417 homes sold in May 2009 to 1,460 homes sold last month.
But sales fell slightly from April’s 1,473 homes sold – 13 more than were sold in May.
The slowdown in home sales was expected with federal tax credit programs such as those for first-time home buyers closing up, said Steve Koffman, a real estate broker with Century 21 Sunbelt in Cape Coral.
But the bounty of foreclosure homes that was available a year ago has already begun to dry up. In May, 847 foreclosure lawsuits were filed in the county: That’s 976 fewer than in the same month a year ago.
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| The Only Oil on Southwest Florida Beaches is Suntan Oil |
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By: D. Michael Burke – News Pres June 12, 2010
The BP oil spill has made big headlines since the April 20th explosion that left one of their offshore rigs gushing oil. Although there has been a lot of discussion on how the oil spill will affect the nearby areas, environmentally as well as economically, here in Southwest Florida we seem to have escaped unscathed: We have no oil on our beaches, and as of this writing there is no indication that we will.
Nevertheless, I know this is a concern for many of you. Prospective buyers and sellers alike are worried about what will happen to property values if the oil touches down on our beaches. To offer some reassurance to my clients, I spoke with a friend of mine, Sharon Merchant, who is running for senate here in Southwest Florida. Sharon has been a community leader and a strong advocate for Southwest Florida for more than two decades, and I knew she would have the most up-to-date information on the spill.
Sharon confirmed that not only is there no oil on our beaches in Southwest Florida, but according to current data and the forecasted spread of the oil, we shouldn’t see any in the future, either.
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| Housing glut slowly absorbed |
By Yvonne Ayala McClellan – June 23, 2010
Sales, median prices for existing homes increase in May
Sales of existing single-family homes in Lee County remain steady even as median prices continue to climb.
The median price for area homes reached $96,900 in May compared with $88,500 in May 2009 – a 9 percent jump, according to statistics released Tuesday by the Florida Association of Realtors.
Home sales rose 3 percent from 1,417 homes sold in May 2009 to 1,460 homes sold last month.
But sales fell slightly from April’s 1,473 homes sold – 13 more than were sold in May.
The slowdown in home sales was expected with federal tax credit programs such as those for first-time home buyers closing up, said Steve Koffman, a real estate broker with Century 21 Sunbelt in Cape Coral.
But the bounty of foreclosure homes that was available a year ago has already begun to dry up. In May, 847 foreclosure lawsuits were filed in the county: That’s 976 fewer than in the same month a year ago.
"Some of the slowdown that you’re seeing is that $60,000 homes don’t look as good today as they did six months ago," Koffman said.
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| Foreclosure sales cheap for a reason |
By DICK HOGAN · news-press.com · June 30, 2010
Thinking of buying a foreclosed home? You’ll get a steep discount – but be careful about exactly what you’re buying.
Irvine, Calif.-based RealtyTrac released a report today saying in the first quarter of 2010, the average foreclosed home in Lee County went for $94,656 – 32 percent less than nondistressed sales. A year earlier, the discount was 40 percent.
Nationwide, the first-quarter average was $171,971 and a 27 percent discount. In Collier County, it was $180,774 and 30 percent.
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In today’s market it takes a lot more than just listing your house on the MLS. D. Michael Burke, Professional Luxury Expert, of Keller Williams Elite Realty has proven to be the industry leader in SW Florida real estate. The combination of KW’s resources and my personal and flexible marketing plan make me, Michael Burke, your best choice when choosing a REALTOR in today’s market.
If you or someone you know is in the market to buy or sell a home in SW Florida, please feel free to contact me to discuss our real estate products and services. "Experience the Luxury Lifestyle"
Sincerely,
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D. Michael Burke, P.A.
Keller Williams Elite Realty
Local: 239-498-7600
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