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THE BOEGLIN TEAM
Jim, Jan and Grif
The Boeglin Team
    Years of Experience: 7

Direct: Jim 239-287-6241 Jan 239-287-6414

Office: 239-992-0059



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Coldwell Banker
8200 Health Center Blvd Ste 101
Bonita Springs, FL
239-992-0059


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Archive for February 2011

SEEING THROUGH NEW EYES

Monday, February 21st, 2011

A lot has changed in the Bonita Springs/Estero/Naples area since we first bought a home in Hacienda Village in 1981.  Bonita Beach Road was 2 lanes; Page Field was the local airport; I75 stopped in Tampa; and cattle roamed the fields up and down US41. 

Jan and I moved here permanently in 2001, and we never take our new home for granted.  We continue to appreciate the climate, the beaches, the bike paths, the golf courses, etc.  This season, we have hosted 5 different sets of house guests from “up North” who are trying to escape the harsh winter of 2011.  In addition, we are working with buyers from Illinois, Indiana, Michigan, Ohio, Pennsylvania, New Jersey, the East Coast of Florida, and Ontario, Canada.  We get to see our area through their eyes as well.

What our guests/buyers appreciate are sometimes things we tend to overlook, such as the “newness” of everything here.  Nearly everything has been built in the past 25 or so years, including the airport, roads, neighborhoods, churches, restaurants, hospitals, office buildings, schools, parks, golf courses, and retail malls.  Northerners are constantly amazed at the landscaped parkways, palm-lined streets, and lush vegetation in and around the communities.

As recently as 10 years ago, I felt more comfortable having bypass surgery in Indiana rather than Florida.  Today, I am totally impressed with the medical community that has been attracted to our area.  The medical community has come a long way in a short time, bringing some of the best and the brightest to live and work here.  I know of many situations in which “snowbirds” have opted for the doctors and hospitals in Southwest Florida rather than returning to the frigid North.

This season has reminded me why we moved here 10 years ago.  The Bonita/Estero/Naples area is a great place to call home.  

SHIFT IN BUYERS’ ATTITUDES?

Monday, February 21st, 2011

It is still early in the year, but many Realtors (ourselves included) are reporting a significant shift in process.  Buyers are getting serious about buying a home.

Last year there were many buyers who were “just looking”.  There was no sense of urgency, but more of a “maybe next year” attitude.  Well, next year is here and offers are coming in at a quickening pace.  There is now a general sense that the time is right to buy a home in Southwest Florida.

What has changed?  I can think of a few factors that may be pushing buyers over the edge, including:

  • A slowing of the distress sales (short sales and foreclosures) coming on the market;
  • Financial stability for some of the neighborhood clubs and golf courses;
  • An improving national economy with increased consumer confidence;
  • An incredibly strong stock market that has recovered most of its losses of the past few years;
  • The threat of rising interest rates in the mortgage market;
  • The availability of credit for qualified customers;
  • A decreasing inventory of desirable homes on the market;
  • Stable prices that are showing a hint of upward pressure;
  • and A challenging winter “up North” that reminds folks of the benefits of our area.

After more than 5 years of misery in the real estate market, early 2011 has been a breath of fresh air for homeowners and anyone affected by the residential real estate industry in Southwest Florida.  We can only hope that this respite is the beginning of an era of stability and growth in our housing market. 

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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