July 2012 Villagio Estero Records 3 Closed Sales

Dominic Pallini Closes 3 units in Villagio in Estero in the month of July 2012

1)3/den unit — 203020 Estero Garden Circle # 202 Listed at $159,900 — Selling Price $155,000

2)2/den unit  –  20261 Estero Garden Circle # 208 Listed at $159,900  – Selling Price $152,000

3)2/2     unit   –  20260 Estero garden Circle # 107 Listed at $139,900  — Selling Price  $135,000

 

No BS , Just Results

Call Dominic Today to sell your property !   239-949-2117  DPNaples@gmail.com

Housing Market Recovery — It’s Happening !!!

8 Signs Housing Is on the Mend

DAILY REAL ESTATE NEWS | MONDAY, AUGUST 06, 2012

Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears.

  1. Housing prices are on the rise across the country.
  2. Foreclosures have slowed. Analysts suggest that as the supply of distressed homes slows, buyers will be forced into higher-price properties too.
  3. Inventories of for-sale homes on the market are decreasing. In fact, inventories of for-sale homes have dropped 24 percent from a year ago.
  4. Mortgage rates are at ultra record level lows, for those who can qualify
  5. Housing starts rose 6.9 percent in June. Also, existing-home sales were up 4.5 percent higher in June compared to one year ago.
  6. Home building stocks are on the rise.
  7. For investors who are buying homes, rents are soaring, allowing them to cash in on their investments. Rental prices are at a 10-year high as medium units rent for $710 a month.
  8. Home affordability is at record highs for the median income family, due to falling home values and super low mortgage rates. In fact, a recent study found that it is cheaper to buy a home than rent in basically ever major city in the U.S. For those who buy, you can save the cost of renting by owning the home for five years or less.

But while the signs point to a housing market on the mend, some Americans still remain hesitant. Many Americans are still underwater on their mortgage, owing more on their home than it is currently worth. Also, the economy continues to weigh on the recovery, particularly a dampening employment outlook, which analysts see as tied to housing.

Still, The Wall Street Journal concludes in a recent article that if you take into account all the positive signs lately in the housing market, “housing presents an attractive long-term investment that should hold steady or even have upside surprise in the short term.”

Source: “Finally, It Is Time to Buy a House,” The Wall Street Journal (Aug. 1, 2012)

Villagio Estero Condos — Record Breaking Month — 4 Closed Sales in July

Villagio Estero Condos

Villagio in Estero Wins Gold in July 2012

Villagio Estero Condos

4 Closed sales in July for Villagio in Estero. 3 are the highest priced closed sales in 5 years .

20320 Estero Garden Circle  3/den – 1828 sq. ft. Sold for $155,000

20261 Estero Garden Circle  2/den – 1667 sq.ft. Sold for  $152,000

20260 Estero Garden Circle  2/2 – 1192 sq.ft  Sold for $135,000

All sold by Dominic Pallini  — Amerivest Realty of Naples

Visit the Villagio Website for Floor Plans and Active listings at Villagio

www.villagio-condos.com     or  Contact Dominic  for additional information @

239-949-2117  or Dpnaples@gmail.com

About Dominic Pallini Amerivest Realty Naples Florida

Hard Working — Motivated — Real Estate Professional in Naples Florida . Your Personal Connection To Paradise !

Naples Area Market Report for July 2012

Naples, FL (July 20, 2012) – The overall housing inventory levels are the lowest they have been in six years. Inventory declined at least 12 percent in each price category from the second quarter of 2011 which had 7,208 properties compared to the second quarter of 2012 with 6,310 available properties, according to a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island).

 

“We are finding that in many cases properly priced properties are selling quicker, and some are generating multiple offers. This is causing price increases in some segments of our market,”.

 

“We are seeing the gap between the list price and sale price narrowing in most market sectors,” said Cindy Carroll of Carroll & Carroll Real Estate Appraisers. “While a 10 to 12 percent discount off the list price was the norm 12 to 18 months ago, 5 percent to 7 percent (and less) is the current trend.  This results from the continuing decrease in inventory and reflects sellers holding firm on their asking price.  Buyers are realizing that the pool of available properties that meet their individual criteria is limited.”

 

The second quarter report provides comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary. An overall summary combines the statistics for both single family and condominium properties.

 

The statistics are presented in chart format, along with the following statistics for second quarter 2012 compared to second quarter 2011:  Overall closed sales increased 4 percent from      2,700 sales in the second quarter 2011 to 2,817 sales in the second      quarter 2012. The overall average DOM      (Days on the Market) decreased 2 percent from 188 days in the second      quarter 2011 to 185 days in the second quarter 2012. Overall pending sales      remained relatively the same for the second quarter 2012 with 2,877 pending      sales compared to 2,879 pending sales in the second quarter 2011. Naples Beach Area overall closed      sales increased 15 percent from 568 closed sales in the second quarter      2011 to 654 closed sales in the second quarter 2012.

 

The June report provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges, geographic segmentation and includes an overall market summary.

The statistics are presented in chart format, along with the following statistics for June 2012: The overall median closed      price increased 9 percent from $175,000 in June 2011 to $190,000 for the      12-month ending June 2012. Pending sales increased 11      percent from 1,297 to 1,440 in the $300,000 to $500,000 category and 16      percent from 910 to 1,057 in the $500,000 to $1 million category for the      12-month period ending June 2012. Overall closed sales      increased 12 percent in the $500,000 to $1 million category and 10 percent      in the $1 million to $2 million category for the 12-month period ending June      2012.

“The real estate market continues to clear.  Prices haven’t done much but inventory is down, and this is progress from an economic standpoint,” said Dr. Shelton Weeks, Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University.

 

“Days on market continue to trend downward, especially in the $500,000 to $1 million market which shows a 37 percent decrease from 216 days on the market in June 2011 to 136 days on the market in June 2012,”

“Compared to June 2011, median closed prices are down 4 percent in the condominium market for the over $300,000 price category, but they are positive in the single family home category, having increased 2 percent in the over $300,000 price category from June 2011 to June 2012

Make Home Buying Easier With These Smart Phone APPS

1.) Mortgage Calculator Pro – Within seconds, you can calculate your would-be monthly mortgage payment. This app lets you factor in insurance, property tax, and monthly fees such as the HOA costs, so you can determine the accurate monthly payment on your new potential home.

2.) Dictionary of Real Estate Terms – Unless you eat, sleep and breathe real estate, it’s nearly impossible to know what every real estate term means. The Dictionary of Real Estate Terms allows you to input words such as “abstraction approach,” so your eyes can look a little less blank when it comes time for contracts, negotiations and closings.

3.) Around Me – A house is only as good as the neighborhood where it’s located. The Around Me app lets you quickly find information on the location of the local necessities, by providing you with the distance to the nearest restaurants, pharmacies, movie theatres, hospitals, banks, etc.

4.) Wikihood – This app gives you full disclosure on what’s really going on in the neighborhood you’re considering as your new home. The app will automatically pull up the Wikipedia articles related to the geographic location of the phone to give you an inside look at schools, historical info, public transportation options.

5.) Walk Score – This app is especially great for city dwellers. Walk Score tells you what parts of the neighborhood are most walkable and the walking directions to your desired location. It uses GPS, so you don’t need to enter in any addresses. Walk Score rates each neighborhood up to 100, so the higher the score, the more walkable the neighborhood.

6.) Houzz – Once you’ve done the hard work of finding the house, now comes time for the fun part of decorating (well, this is subjective). The Houzz app for iPhone and iPad is a comprehensive source of design and decorating inspiration that includes over 350,000 original photos from design pros, the ability to sort by room, style and more, and the ability to save your favorite photos to your own idea books.

While these apps can’t buy your house for you, they will help to eliminate much of the confusion that buyers often face. Have you used any apps that turned out to be a lifesaver when navigating through the home buying process? Share with us!

To view the original article, visit the HomeFinder.com

 Published by  Retechnology — Reposted by Dominic Pallini Amerivest Realty of Naples

Villagio Cafe Sample Menu — Cafe Open 7am to 9:30pm Daily

Villagio is a very unique community with a Town Center . In the town center there is a Cafe , Sports Bar and a 54 seat movie theater. Click on the link to see a sample menu.

Villagio Menu

Villagio 3/den unit Just Listed — Dominic Pallini — Amerivest Realty

Click the link to view the video

Beautiful Villagio 3/den unit 1828 sq. ft. 159,900

 

WOW what a nice 3/den unit ! The den could be considered a 4th bedroom, a closet and door has been added to this room.Wood stairs have also been added to the entrance staircase .Granite countertops andTile flooring  in Kitchen, Living areas and Baths make this home extra special.The  master quarters have a Dual sink vanity  with a seperate tiled shower and large soaking tub.A single car attached garage is also included with this home. The community of Villagio features a town center with, a coffee shop, sports bar, movie theater, gym, clubhouse and library. The community also offers, tennis courts and two pools. Villagio a great place to call home

4-26-2012 Villagio At Estero Rentals

Just listed  :

1/den unit — 1170 sq. ft  for $900    per month available immediatly

2/den unit  – 1667 sq. ft. for $ 1050 per month Available May 1

Available  May 20,2012 –   3/den  1828 sq. ft.  $1200. per month

ALL UNITS ARE UNFURNISHED

 

Please note Villagio Rules and Regulations :

No Pets for Tenants

660 or higher credit score

$500. Villagio Security Deposit in Addition to an Owner Security Deposit

$100. Application Fee Per Applicant

$50. Trash fee per applicant

$40 Bar Code fee per automobile

Please contact me Dominic Pallini –  Amerivest Realty  – 239-949-2117 or DPNaples@gmail.com

 

Villagio Rental — Awesome 1/den For Rent — Dominic Pallini — Amerivest

Nice 1/den condo for rent in Beautiful Villagio. This unit has Granite counters with cherry cabinets in the kitchen, The  master bath has a tile floor with granite counter top and shower / tub. Villagio amenities include a town center with a coffee shop,sports bar , 54 seat movie theater, community room, library and a well equipt gym. Make your move to Villagio today !

$900. per month Contact Dominic Pallini 239-949-2117

Villagio Rental ! 2 bed 2 bath $950 per mo.

Villagio Estero 2 bed 2 bath rental . Tile in the kitchen , living room and baths. Nice lake view off the lanai. This home is clean and ready for your move in !!

THE_VENICE_AT_VILLAGIO