Vote Early, Vote Often

You don’t have to wait until Election Day to cast your vote in this year’s election. You can stop by any of voting locations listed and get your voting done early without the long lines and traffic on November 7th. Here are some of the local voting places:

  • Supervisor of Elections, 3301 Tamiami Trail East, Naples
  • Naples City Hall, 735 8th Street South, Naples
  • Naples Regional Library, 650 Central Avenue, Naples
  • Library Headquarters, 2385 Orange Blossom Drive, Naples
  • Golden Gate Library, 4898 Coronado Parkway, Naples
  • Marco Island Library, 210 South Heathwood Drive, Marco Island
  • Immokalee Library, 417 North First Street, Immokalee
  • Everglades City Hall, 206 S. Copeland Ave Unit #B, Everglades City

Pine Woods Condo for sale in Naples for $344,000

This spacious 3 bedroom/2.5 bath condo off of Airport Road, in Central Naples, lives like a single family home or villa. Large rooms, stone fireplace, long lanai overlooking the lake and just a few steps to the community pool are some of the highlights of this first floor unit. The kitchen has updated appliances including flat-top stove, microwave, refrigertor and dishwasher. Need a garage, this units got it! The location is hard to beat, close to great restaurants, shopping and golf, this condo is centrally located for all that you would like to experience of the Naples lifestyle, not to mention only 3 miles to the beach. To see more photos visit our website by clicking this link for Pine Woods condo, call Ruth at 239-777-7007 for more details or email her directly at ruth@ruthbethem.com. This unit has been reduced and is available immediately.

House Market Report for September

I like to read as many articles as I can on the  prevailing real estate market, the different opinions on what has happened in the last year, what the experts predict for the forthcoming season and the year ahead of us. This is part of an article recently on the NAR website.

The National Association of Realtors® reported that existing-home sales eased last month, as did the number of homes available for sale which indicts the housing market is stabilizing. Total existing-home sales dipped 1.9 % to 6.18 million units compared to 6.30 million in the August and 14% below last September which was the 3rd strongest month on record.
David Lereah, chief economist for the National Association of Realtors, suggested the stabilizing sales should build confidence in the housing market and said “Considering that existing-home sales are based on closed transactions, this is a lagging indicator and the worst is behind us as far as a market correction – this is likely the trough for sales. When consumers recognize that home sales are stabilizing, we’ll see the buyers who’ve been on the sidelines get back into the market and sales will be at more normal levels in the wake of the unsustainable boom that we saw last year.”

Interest rates are holding in the respectable range. The National average for a 30 year fixed was 6.40 last month, down from 6.52 in August and compared to 5.77 in September of last year. These are still very attractive rates.
We are seeing in the Naples real estate market an early increase in activity the last few weeks and this is a real good indicator of what we call “the season” which begins in January and carries through until May. It is still definitely a buyers market with a large inventory to choose from as well as some great buys on properties that have been reduced to reflect the new market. Buyers are in for a treat when they arrive this year to pick out their retirement and vacation properties.

The Stanley Cup Comes To Naples

Stanley Cup

Wow, what a treat. Ruth and I experienced the great privilege of being in the company of the Stanley Cup last night  at the country club of Imperial Golf Estates. It turns out the owner of the 2006 Stanley Cup Champion Carolina Hurricanes, Thomas Thewes, has a winter home in Naples here at Imperial G.E. and made arrangements for the community to see the Cup.
Mr. Thewes is a co-owner of three hockey teams. In addition to the Hurricanes, he also has an interest in the Plymouth Whalers and the Florida Everblades who play their games at the Germain Arena here in Estero. Thewes is the co-founder of Compuware, a global software provider.
Each player and front-office member gets 24 hours with the Stanley Cup to do whatever that person pleases. Some players have taken the Cup fishing, tied it to a golf cart or taken it back to their hometown. The Hockey Hall of Fame in Toronto provide escorts that accompany the Stanley Cup wherever it goes. The Cup has seen many miles of travel from across the United States and Canada, overseas and trips to the White House. The Hockey Hall of Fame and the National Hockey League work closely with airlines, border personnel, local police departments, security companies, the team, the player, his family and sometimes an agent in order to make Stanley Cup dreams come true.
When talking to a member of the Cup’s official escort team, Ruth learned that the Stanley Cup is 114 years old. We were honored to be in it’s company. 

Greenspan Speaks Up On The Housing Market

I received this article from Realtor Magazine and thought it was interesting.

Former Federal Reserve Chair Alan Greenspan told the Commercial Finance Association yesterday that housing prospects are looking up. “Most of the negatives in housing are probably behind us. The fourth quarter should be reasonably good, certainly better than the third quarter.” Greenspan who retired in January and who has been quiet up until now, also told the group, “There are early signs of stabilization, but it [the slowdown] is not over.”
He said construction of new homes continues to outpace sales, but, in a good sign, buyers were “beginning to dig into the inventories of unsold new homes.”
Reuters News, Alister Bull (10/26/2006)

There are positive signs of the market turning here in Naples. Our central office of Downing-Frye Realty has shown an increase in both showings and contracts this month. Visitors and snowbirds from up north are arriving a little earlier this year and that is always good for the local economy. Restaurants, tourist attractions are doing well and the real estate market usually follows in stride. We are getting a lot of increased traffic on our RuthBethem.com website and that also is a good indicator that people are looking again and are getting ready to enter the market. Bottom line is that people want to live in Naples, Florida.