Monarch Home SalesMonarch Home Sales

Agents: Monarch Home Sales Group

Ginny Nobbe, REALTOR®

239.218.0025
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Weekly Happenings | Southwest Florida

For more information about these events happening in Southwest Florida, please click on the links.

Dec 7 – Sanibel & Captiva Island Luminary Holiday Stroll & Festival, Sanibel Island (5:30pm to 9pm)

Dec 7 – Naples Christmas Walk & Tree Lighting Ceremony, 5th Ave South (5pm to 8pm)

Dec 8 – Bonita Springs Christmas Boat Parade, 5124 Bonita Beach Rd (6pm)

Dec 8 – SWFL Largest Car Show Fundraiser, JetBlue Park at Fenway South (9am to 3pm)

Dec 9 – 2nd Annual Santa on the Sand, Lover’s Key (1pm to 4pm)

Photo Courtesy of FaceBook

Posted by Friends of Lovers Key, Inc. on Monday, October 8, 2018

Posted in: Community Info Tagged: Events, real estate, real estate agent, Southwest Florida, SWFL

New listing in Wildcat Run Golf & Country Club

20110 Golden Panther Lane #4

Offered at $227,000

Rarely available, 2 BR, 2.5 Baths, large 2 car garage, end unit. AC replaced 2016, dishwasher 2018, roof 2018. Light, bright & airy home offers diagonal, tile floor in wet areas, carpet, vaulted ceilings, fireplace, family room & formal dining.Remodeled large kitchen, stainless steel appliances,solid surface counter-tops, pantry, under cabinet lighting. Open up your entertainment space with sliders in LR & Breakfast area. Have your morning coffee in the enclosed lanai, relaxing and enjoying nature with a western, long lake view. Master Bedroom boasts updated bathroom, solid surface counter-top, wood cabinetry, dual sinks, tub, linen closet & glass enclosed shower. Remodeled half bath & guest bedroom has full, remodeled bath. Beautiful Community offers walking, biking, large, fitness center, Tennis courts, 18-hole Arnold Palmer Championship golf course /Golf Pro on staff. Remodeled Club house and Grill Room offers formal & informal dining options. The Village has a large heated Community Pool, Basketball & Tennis courts. Located minutes from shopping, dining, Airport, FGCU, baseball winter stadiums and more! Easy drive to beaches. Golf membership available for separate purchase.

Posted in: Community Info, SWFL Tagged: home buying, home selling, real estate, real estate agent, Southwest Florida, SWFL

Weekly Happenings | Southwest Florida

For more information about these events happening in Southwest Florida, please click on the links.

Nov 30 – Joyful Holidays & Tree Lighting, Gulf Coast Town Center (5pm to 8pm)

Dec 1 – Fort Myers Beach Christmas Boat Parade, Bonita Bill’s Waterfront Cafe (6pm to 8pm)

Dec 1 – Fort Myers Santa Block Party, Downtown Fort Myers (10am to 2pm)

Dec 2 – Santa at the Farm, Southern Fresh Farms (10am to 2pm)

Dec 2 – Koreshan State Park Holiday Bazaar, Koreshan State Park (10am to 4pm)

Photo courtesy of FaceBook.com

Posted by Southern Fresh Farms on Saturday, November 17, 2018

Posted in: Community Info, SWFL Tagged: Events, real estate, real estate agent, Southwest Florida, SWFL

Buyers: Don’t Be Surprised By Closing Costs!

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?

By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.

But what are closing costs anyway?

According to Trulia:

“Closing costs are lender and third-party fees paid at the closing of a real estate transaction, and they can be financed as part of the deal or be paid upfront. They range from 2% to 5% of the purchase price of a home. (For those who buy a $150,000 home, for example, that would amount to between $3,000 and $7,500 in closing fees.)”

Keep in mind that if you are in the market for a home above this price range, your costs could be significantly greater. As mentioned before,

Closing costs are typically between 2% and 5% of your purchase price.

Trulia continues to give great advice, saying that:

“…understanding and educating yourself about these costs before settlement day arrives might help you avoid any headaches at the end of the deal.”

Bottom Line

Speak with your lender and agent early and often to determine how much you’ll be responsible for at closing. Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.

Article provided by KeepingCurrentMatters.com

Posted in: Community Info, Lending Advice, Real Estate Tips, SWFL Tagged: home buying, real estate, real estate agent, Southwest Florida, SWFL

Females Are Making It A Priority To Invest In Real Estate!

Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it!

In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In 2017, 60% of millennial women listed as the primary borrowers on mortgages were single.

According to the 2018 Home Buyer and Seller Generational Trends Report by the National Association of Realtors, one in five homebuyers in the U.S. were single females (most of them part of the baby boomer generation) as you can see in the graph below:

Females Are Making It a Priority to Invest in Real Estate! | Keeping Current Matters

This does not come as a surprise since 50.8% of the U.S. population is female and 15.6% of them are 65 years and over, according to the Census Bureau.

What are the reasons for this demographic’s booming interest in homeownership?

Bankrate published an article with what they believe to be some of the reasons:

  • Divorce rate: Known as the “Gray Divorce,” the divorce rate has doubled for those ages 50 and over and tripled for those ages 65 and over.
  • Average life expectancy: For women it’s 81, four years longer than men.
  • To build home equity: Women want to build equity through their home. As mentioned by Bankrate, “some are hoping to escape rising rents, some might be downsizing or looking for a new start,” especially those going through a gray divorce.

Are they only downsizing and buying small homes?

Not really; The Institute of Luxury Home Marketing recently stated that:

“The number of female billionaires grew faster globally in 2017 than the number of male billionaires. This redistribution of wealth has seen an impact on luxury real estate both in its purchase and design attributes – and obviously, this is important for realtors to recognize when relating to their clients.”

Bottom Line

Whether you are a millennial who wants to buy a starter home, a billionaire looking for that luxury home you’ve always wanted, or maybe even someone who just went through a gray divorce, contact a local real estate professional who can help you create your real estate portfolio and start investing your money in real estate today!

Article provided by KeepingCurrentMatters.com

Posted in: Community Info, Real Estate Tips, SWFL Tagged: home buying, real estate, real estate agent, Southwest Florida, SWFL

Weekly Happenings | Southwest Florida

For more information about these events happening in Southwest Florida, please click on the links.

Nov 23 – Holiday Nights Tree Lighting Ceremony, Edison & Ford Winter Estates (6pm to 6:45pm)

Nov 23 to 25 – Christmas Craft Show, Fleamasters Fleamarket (Times vary)

Nov 24 – Fort Myers Arts & Crafts Festival, Gulf Coast Towncenter (10am to 5pm)

Nov 24 – Holiday on the Bay, Village Shops on Venetian Bay (5pm to 8pm)

Nov 25 – Downtown Car Cruise-In, River District Alliance (12pm to 4pm)

Photo Courtesy of FaceBook.com

Posted by Edison & Ford Winter Estates on Wednesday, November 14, 2018

 

Posted in: Community Info, SWFL Tagged: Events, real estate, real estate agent, Southwest Florida, SWFL

7 Reasons To List Your House For Sale This Holiday Season

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Here are seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is minimal competition for you as a seller right now. Inventory of homes for sale traditionally slows in the late fall, early winter. Let’s take a look at listing inventory as compared to the same time last year:

7 Reasons to List Your House for Sale This Holiday Season | Keeping Current Matters

 

  1. The desire to own a home doesn’t stop when the holidays come. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching!
  2. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights which will lessen the demand for your house in 2019.

Bottom Line 

Waiting until after the holidays to sell your home probably doesn’t make sense.

Article provided by KeepingCurrentMatters.com

Posted in: Real Estate Tips, SWFL Tagged: home buying, home selling, real estate, real estate agent, Southwest Florida, SWFL

Are Homeowners Renovating To Sell Or To Stay?

Over the past few years, two trends have emerged in the housing market:

  1. Home renovations have shot up
  2. Inventory of homes available for sale on the market has dropped

A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of Realtors, we are currently at a 4.4-month supply.

This low inventory environment has many current homeowners worried that they would be unable to find a home to buy if they were to list and sell their current houses, which is causing many homeowners to instead renovate their homes in an attempt to fit their needs.

According to Home Advisor, homeowners spent an average of $6,649 on home improvements over the last 12 months. If that number seems high, it also includes homeowners who recently bought fixer-uppers.

A new study from Zillow asked the question,

“Given a choice between spending a fixed amount of money on a down payment for a new home or fixing up their current home, what would you do?”

Seventy-six percent of those surveyed said that they would rather renovate their current homes than move. The results are broken down by generation below.

Are Homeowners Renovating to Sell or to Stay? | Keeping Current Matters

More and more studies are coming out about the intention that many Americans have to ‘age in place’ (or retire in the area in which they live). Among retirees, 91% would prefer to renovate than spend their available funds on a down payment on a new home.

If their current house fits their needs as far as space and accessibility are concerned, then a renovation could make sense. But if renovations will end up changing the identity of the home and impacting resale value, then the renovations may end up costing them more in the long run.

With home prices increasing steadily for the last 6.5 years, homeowners have naturally gained equity that they may not even be aware of. Listing your house for sale in this low-competition environment could net you more money than your renovations otherwise would.

Bottom Line

If you are one of the many homeowners who is thinking about remodeling instead of selling, sit down with a local real estate professional who can help you make the right decision for you based on the demand for your house in today’s market.

Article provided by KeepingCurrentMatters.com

Posted in: Real Estate Tips, SWFL Tagged: home buying, home selling, real estate, real estate agent, Southwest Florida, SWFL

Weekly Happenings | Southwest Florida

For more information about these events happening in Southwest Florida, please click on the links.

Nov 16 – Coconut Point Tree Lighting, Coconut Point Mall (6pm to 8pm)

Nov 17 – The 25th Annual Taste of Bonita, Riverside Park (11:30am to 9pm)

Nov 17 – Lee Health Inspiring Health 5K, Lee Health Coconut Point (7:30am to 9am)

Nov 17 – Nature Trail Hike, Koreshan State Park (10am to 11:30am)

Nov 18 – Shy Wolf Day, CGT Kayaks Bonita (9am to 1pm)

Photo provided by FaceBook.com

Posted by Koreshan State Park on Tuesday, September 25, 2018

Posted in: Community Info, SWFL Tagged: Events, real estate, real estate agent, Southwest Florida, SWFL

75% Of Renters Have Been Misinformed

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream – owning a home.

In 2008, the housing market crashed and home values fell by as much as 60% in certain markets. This was the major trigger to the Great Recession we experienced from 2008 to 2010. To come back from that recession, mortgage interest rates were pushed down to levels that were never seen before.

For the last ten years, you could purchase a home at a dramatically discounted price and attain a mortgage at a historically low mortgage rate.

Affordability skyrocketed.

Now that home values have returned to where they should be, and mortgage rates are beginning to increase, it is less affordable to own a home than it was over the last ten years.

However, what is not being reported is that it is MORE AFFORDABLE to own a home today than at any other time since 1985 (when data was first collected on this point).

If you take out the years after the crash, affordability today is greater than it has been at almost any time in American history.

This has not been adequately reported which has led to many Americans believing that they cannot currently afford a home.

As an example, the latest edition of Freddie Mac’s Research: Profile of Today’s Renter reveals that 75% of renters now believe it is more affordable to rent than to own their own homes. This percentage is the highest ever recorded. The challenge is that this belief is incorrect. Study after study has proven that in today’s market, it is less expensive to own a home than it is to rent a home in the United States.

Thankfully, some are starting to see this situation and accurately report on it. The National Association of Realtors, in their 2019 Housing Forecast, mentions this concern:

“While the U.S. is experiencing historically normal levels of affordability, potential buyers may be staying out of the market because of perceived problems with affordability.”

Bottom Line

If you are one of the many renters who would like to own their own homes, talk to a local real estate professional to find out if homeownership is affordable for you right now.

Article provided by KeepingCurrentMatters.com

Posted in: Community Info, Real Estate Tips, SWFL Tagged: home buying, real estate, real estate agent, Southwest Florida, SWFL

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Properties

20078 Eagle Stone DR $658,000

20078 Eagle Stone DR ESTERO, Florida

4 Beds 3 Baths 3,078 SqFt 0.237 Acres

10205 Avonleigh DR $510,000

10205 Avonleigh DR BONITA SPRINGS, Florida

4 Beds 4 Baths 2,963 SqFt 0.285 Acres

21620 Bella Terra BLVD $425,000

21620 Bella Terra BLVD ESTERO, Florida

4 Beds 5 Baths 2,913 SqFt 0.207 Acres

20489 Foxworth CIR $385,000

20489 Foxworth CIR ESTERO, Florida

3 Beds 3 Baths 2,330 SqFt 0.195 Acres

20454 Foxworth CIR $349,000

20454 Foxworth CIR ESTERO, Florida

2 Beds 3 Baths 2,327 SqFt 0.347 Acres

20446 Foxworth CIR $340,000

20446 Foxworth CIR ESTERO, Florida

2 Beds 2 Baths 2,184 SqFt 0.175 Acres

20099 Ballylee CT $339,000

20099 Ballylee CT ESTERO, Florida

2 Beds 2 Baths 1,858 SqFt 0.133 Acres

27991 Largay WAY A201 $239,000

27991 Largay WAY A201 BONITA SPRINGS, Florida

3 Beds 3 Baths 1,127 SqFt

20110 Golden Panther DR 4 $227,000

20110 Golden Panther DR 4 ESTERO, Florida

2 Beds 3 Baths 1,830 SqFt 0.197 Acres

9756 Treasure Cay LN $150,000

9756 Treasure Cay LN BONITA SPRINGS, Florida

0.268 Acres

Desoto BLVD S $60,000

Desoto BLVD S NAPLES, Florida

2.340 Acres

Desoto BLVD S $35,000

Desoto BLVD S NAPLES, Florida

1.170 Acres

3211 45th ST W $5,000

3211 45th ST W LEHIGH ACRES, Florida

0.250 Acres

Monarch Home Sales Group

The Monarch Sales Group is a full-service, real estate team representing buyers and sellers in the Southwest Florida area. Their outstanding reputation ensures that each transaction is handled with discretion and provides clientele with an enjoyable experience and a seamless, stress-free transaction.

 

 

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Monarch Home Sales Group
(239) 218.0025
26381 S. Tamiami Trail
#300
Bonita Springs, FL 34134
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