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SW FL Real Estate Newsletter October

Posted: October 22, 2009

SW FL REAL ESTATE
JAY BERUBE
As President and CEO of Encompass Realty Group, Jay focuses on delivering the best customer service possible, outstanding communication, and exceeding expectations for all of his clients. Awarded "2nd Place in Sales" in Downing-Frye Realty, Inc. for September 2009, Jay works within both the Sales and Rental Divisions, and is the vision behind Encompass Realty Group.
MARC COMISAR
Marc is one of our Lead Sales Agents, and works as both a listing and selling agent in Lee and Collier Counties. Marc is a firm believer in communication and follow up, and will make sure to get you the property you need. As a seasoned Florida resident, Marc has a wide knowledge base of properties in both counties, and is an invaluable resource in the Real Estate market.
JESSE MCGREEVY
Jesse heads up our Buyer's Division, and is also a Buyer's Specialist that represents only buyers in a real estate transaction. This growing division currently consists of several other agents that specialize in finding clients the best home for the best price! Jesse makes clients his #1 priority, and will do the best he can to make buying or selling a pleasurable experience.
MATTHEW LIGUORI
Matt is a great advocate of customer service, and works hard to provide it to all of his clients. Matt has played an active role in the real estate industry for over ten years, and has been our Lead Rental Specialist in placing tenants into properties. Matt specializes within the Bonita Springs, Estero, and Naples areas.
ADAM RUUD
Adam is one of our Lead Agents, and works within both the Rental and Sales Divisions. Adam has a great knowledge base of properties within Southwest Florida, and currently specializes in the Fort Myers, Estero, and Bonita Springs areas.
RACHAEL PORTER
Rachael works within our Rental Division, and is known for her great customer service. Always one to listen to her clients, Rachael works diligently to find the best properties that meets her clients' needs and lifestyles. Rachael currently specializes in the Naples, Bonita Springs, and Estero areas.
BRIAN FRYE
Brian Frye has been involved in the Real Estate industry over the past ten years, and is a great resource for people looking to relocate to the Naples area. Brian works in both the Sales and Rental Divisions, and specializes in the Naples and Bonita Springs areas.
MATT REED
Matt Reed is one of most recent additions to the Rental Division, and focuses solely on getting his clients the best rental properties available. Matt currently specializes in the Estero, Bonita Springs, and Fort Myers areas, and works hard to provide excellent customer service to his clients.
MINH NGUYEN
Minh Nguyen is a Sales Agent that specializes in high-end Luxury Condominiums and Home Sales in beachfront communities. Minh has been active in the Real Estate industry for over seven years, and a Naples resident for over a decade.
LINDSAY STONITSCH
Lindsay Stonitsch is a native to Missouri, but has lived in Naples for the past 5 years, and has vacationed in Southwest Florida area for over 15 years. As a knowledgeable reference for the Naples area, Lindsay specializes in our Sales Division, and can assist you with any of your Real Estate needs.

HOMEOWNER TIP OF THE MONTH

If your home has a small issue or costly repair, here are a couple of tips to save some time and money:

*For small repairs, consult online sites (even YouTube) for simple procedures or finding how-to videos 

*For larger, or more complicated repairs, make sure to solicit at least 3 estimates from qualified professionals to get the most competitive price.

WHAT?S ON THE WEB ? 
Comprehensive
MLS Search

This easy to use search engine allows you to search by neighborhood, price range, features, etc.
Information About Dining, Shopping, Recreation
Find out about the best places to see and be seen during your downtime in Southwest Florida from Jay and his team.
Learn About Schools
& Business

With a constantly growing and changing Southwest Florida, it is sometimes quite an effort to keep up with everything. Let Jay and his team educate you about some of the areas most important statistics.
DID YOU KNOW?

The Fairmont Turnberry Isle Resort & Club is offering a special "Future Floridian" package to clients who are looking to purchase Florida real estate. Perks include a ?preferred list of Realtors? for guests to consult, a city of Aventura guidebook, GPS to navigate South Florida?s residential communities, and foot massages at the resort spa, along with accommodation.

Also, If they end up buying a home, package holders also receive a Florida welcome gift, a resort stay discount for ?future house guests,? and a $3,000 spending credit with the purchase of a membership at Turnberry Isle Resort & Golf Club.

Rates range in price from $839 - $1389, with a two-night stay minimum.

For details, log on to
www.fairmont.com/turnberryisle 
ALL YOUR REAL ESTATE NEEDS 
PROPERTY MANAGEMENT DISTRESSED PROPERTIES
BUYER SPECIALISTS HIGH-END SALES
LISTING SPECIALISTS RELOCATION DEPARTMENT
Dear Valued Client:

Sales Across Southwest Florida Are Up! In this issue of the Encompass Realty Group Newsletter
, we wanted to relay some statistics and figures recently released by local newspapers from the Port Charlotte and Lee County areas, and Florida Realtors. Taking into account home and condo sales from the beginning of this year through August, here are some uplifting statistics that show Southwest Florida's Real Estate market is gaining steam:

*
Number of homes sold through August 2009: 11,178 
*Number of homes sold in all of 2005: 9,842

*Pending Sales in August 2009: 1,752 homes (up 51.5%)
*Pending Sales in August 2008: 1,157 homes

*Overall Home Sales in August 2009: up 80.7% from last year (Year-to-date: 124.9%)

*Inventory down to a 4-month supply of single-family homes (from a 9-month supply at the beginning of the year)

Statewide figures are also on the upswing:

*Sales of existing homes in Florida: up 28% from last year

*Condo Sales in Florida: up 45% from last year

*August 2009 Home Sales: 13,850 (sales in August of last year: 10,813)

Some reasons for the increases can be attributed to foreclosures, the median home prices going down, and cash only investors flooding the market. Combined with lower than usual mortgage rates, and the first-time homebuyers tax credit, prospective home buyers are finding it easier to purchase a property. Click here to read more on these statistics!

Extending the Homebuyer Tax Credit
With the deadline of Nov. 30th looming closer, realtors are writing to Congress in a concerted effort to extend the first-time homebuyers' tax credit. Click here to read more about why it should be extended, and how it could affect you!

How To Make a Fixer-Upper Work for You!
If you are thinking about purchasing a fixer-upper, there are several things to keep in mind. Click here to read more about some tips and tricks to make a fixer-upper home work to your advantage!

Steps to Take After Being Denied a Mortgage 
Recently denied for a mortgage loan? Click here to read about some alternatives and how to forge the road ahead to a new loan.

The Foreclosure Process 101
Forclosures can seem pretty complicated at times, so here is a great article to read that details what a homeowner 
can expect in dealing with a foreclosed property. Click here for more details and information!

Second Mortgages - Pros and Cons
If you are thinking about taking on a second mortgage, there can be distinctive advantages and disadvantages. Click here to read about the pros and cons, and how a second mortgage could affect you!

Foreclosure Inspections
When purchasing a home for bargain prices, many prospective buyers think that they are getting a great deal. While this may be true, buyers should be aware that spending a little extra money on an in-depth inspection can save them more money - and grief - down the road. Click here to read more about foreclosure inspections!

Unemployment Levels Affect Economy
Recent job loss levels have some wondering if the economy will take longer than expected to recover. Click here to read more details about current unemployment rates, and what economic forecasters are predicting.
Buyer 

Featured Property 

RESALE AT FORECLOSURE PRICING!! Two bedroom, two bathroom unit with 1-car garage conveniently located in Trafalgar Square in Naples, FL. This unit offers spectacular canal views, breakfast bar, dining area, custom kitchen pantry, and LOW FEES! Trafalgar Square is a friendly community located near schools, Golden Gate Community Park, shopping centers, and more!

Price: $128,900 Type: Condo
Sq Feet: 1030 Living Bedrooms: 2

Community: Trafalgar Square

Bathrooms: 2
City: Naples

Seller 
Mortgage Plan Increasing in Force
The program, known as Making Home Affordable, got off to a bumpy start when it was launched in March with homeowners and consumer advocates complaining about the difficulty of reaching lenders, long telephone wait times and documents that were repeatedly lost. But senior administration officials said Thursday that the program is now gaining momentum. Click here to read more about this program, and how it is gaining steam.
Renter 

Financial Reasons To Buy!
There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment. Click here to read more about how buying a home can benefit you!

Featured Rental Property
This is a great 3 bedroom plus Den, 2.5 bath townhome conveniently located in Timberwalk. There is a 1-car attached garage for your convenience, and almost 1700 square feet of living space! Upgrades include granite counter tops, wood cabinetry, ceramic tile flooring, and a beautiful screened in lanai! Timberwalk is a friendly, gated community that offers a Community Pool, Fitness Center, and Children's Play Area, along with close proximity to Gulfcoast Town Center, FGCU, Miromar Outlets, and SWFL International Airport.

Price: $1200/month Type: Townhouse 
Sq Feet: 1,681 Bedrooms: 3 + Den
Community: Timberwalk Baths: 2.5
City: Fort Myers

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