Michael, Peter & Joani's Blog

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Homebuyers Go On Naples Shopping Spree

Report Shows Inventory Declines 5.3 Percent

 

NAPLES, Fla.-January 16, 2009- Sales continue to increase as December marks eleven consecutive months of market improvement, 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).

 

The available inventory decreased to 10,851 in December 2008 compared to 11,456 in December 2007.

 

Over the last 12 months, 5.3 percent of the available inventory has depleted, indicating that the properties that are priced right are being picked off. Inventory is not building up exponentially.

 

The average days a property was on the market decreased 23 percent to 156 in December 2008 compared to 203 days on the market in December 2007.

 

For the 12 months ending, December, 2008, overall sales have increased 33 percent. This increase leaves fewer properties to choose from, which is why we are seeing a drop in the average days on the market.

 

The 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 analysis:

 

Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 100 percent, with 519 pending in December 2008 compared to 259 in December 2007.

 

Overall pending home sales for properties less than $300,000 saw a 304 percent increase with 384 pending in December 2008 compared to 95 in December 2007.

 

Single-family pending home sales increased 158 percent overall, with 323 in December 2008 compared to 125 in December 2007.

 

Overall condo pending sales increased 46 percent, with 196 in December 2008 versus 134 in December 2007; and pending condo sales under $300,000 increased 165 percent with 151 in December 2008 compared to 57 in December 2007.

 

Season arrived early for single family homes under $300,000 as pending sales increased 513 percent. This shows that choice properties that are priced right are quickly disappearing.

 

For the 12 months ending in December, 2008, sales in the price range under $300,000 increased 86 percent. For all of 2008, we have seen a monthly percentage increase of at least 30 percent, reflecting that buyers are motivated.

 

To view the entire December report, click here.

2 comments • Michael, Peter & Joani Kikkert • February 03 2009 03:13PM

Naples Sunshine Becomes Affordable

NAPLES SUNSHINE BECOMES AFFORDABLE, BUT FOR HOW LONG?

Report Shows Median Sales Price Down 25 percent

NAPLES, Fla.-December 12, 2008-Overall pending sales, which are a key indicator of buyer activity, continues to increase and the average days on the market decreases 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).

 

The Average Days on the Market decreased 20 percent from 211 DOM in November 2007 to 169 in November 2008.

 

The significant decrease in the average days on the market for properties under $300,000 indicates that choice properties are being sold at a swift pace, which is a key change.

 

There are great opportunities in every geographic area. The median sold price in several areas has decreased to under $300,000.

 

The median sales price decreased 25 percent over the last 12 months ending November, 2008, due to the flurry of activity in sales of the under $300,000 price category. The decrease can be attributed to developer incentives, sellers realistically pricing properties, and foreclosures.

 

For the 12 months ending November, 2008, the median sold price for properties over $300,000 increased 1 percent to $565,000 compared to $558,000 for the 12 months ending November, 2007.

 

Year over year, in the over $300,000 price category, the median sold price has increased 1 percent. This indicates that this price segment has stabilized.

 

The report which 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 analysis:

 

  • Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 54 percent, with 473 in November 2008 compared to 308 in November 2007.

  • Overall pending home sales for properties less than $300,000 saw a 198 percent increase with 340 in November 2008 compared to 114 in November 2007.

  • Single-family pending home sales increased 87 percent overall, with 288 in November 2008 compared to 154 in November 2007; Pending sales of single-family properties of less than $300,000 were 208 in November 2008 compared to 45 in November 2007, a 362 percent increase.

  • Overall condo pending sales increased 20 percent, with 185 in November 2008 versus 154 in November 2007; and pending condo sales under $300,000 increased 91 percent with 132 in November 2008 compared to 69 in November 2007.

The temporary reduction in interest rates combined with current home pricing could be a catalyst for an extremely busy season.

 

To view the entire November report, click here.

0 comments • Michael, Peter & Joani Kikkert • December 20 2008 01:34PM

Naples Florida Is Undervalued

Tumbling home prices have overshot, and many regions are now undervalued, according to a report from IHS Global Insight and National City Corp.

 

Nationwide home prices fell by a 6.9 percent seasonally adjusted annualized pace in the third quarter, faster than the 5.6 percent drop in the second quarter, due to foreclosure sales and tougher lending standards. Buyers need more than a pulse to get a loan, they have to qualify for a loan and prove it.

 

Five quarters of declines have caused the U. S. housing market to become broadly undervalued by about 5.7 percent in the quarter. Overvaluation peaked at 15.8 percent in mid 2006. Only three regions — St. George, Utah; Atlantic City, N. J.; and Bend, Ore. — appear to be extremely overvalued, the study said. On the flip side, regions like Las Vegas that saw the greatest gains during the housing boom are among those suffering the most now.

 

The Federal Reserve’s plan to buy up to $600 billion in mortgage-backed securities and other debt could help ease financing tightness, but probably not until next year, says Jeannine Cataldi, senior economist with IHS Global Insight. “Until the excess [home] inventory is absorbed, we could see prices fall,” Cataldi says.

 

The study considered interest rates, household incomes, population densities and historic data to determine fair values.

 

Click on the map below for a link the interactive home valuation report.

 

Modesto, CA $164,063 -23.6% Austin,TX $181,634 -9.0%

Naples, FL $245,023 -19.7% Santa Fe,NM $295,223 9.1%

Las Vegas, NV $191,529 -18.8% Olympia, WA $255,601 18.0%

Des Moines, IA $127,158 -11.1% Atlantic City, NJ $247,743 43.0%

 

Sources: Global Insight, National City Corp.

 

 

 

 

0 comments • Michael, Peter & Joani Kikkert • December 20 2008 01:02PM

HOME PRICES OVER $300,000 HAVE STABILIZED

HOME PRICES OVER $300,000 HAVE STABILIZED

Report Shows Strong Pending Sales

 

NAPLES, FL - November 2008 - Over the past 12 months the median sold price for properties over $300,000 has increased and the upward trend continues, 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).

 

The median price of homes valued over $300,000 increased 1 percent over the past 12 months, indicating that prices have stabilized in that category.  Homes valued under $300,000 have been influenced by foreclosures and short sales decreasing the median price in that category by 17 percent over the last 12 months.

 

For the 12 months ending October, 2008, the median sold price for properties over $300,000 increased 1 percent to $566,000 compared to $558,000 for the 12 months ending October, 2007.

 

The average days a property is on the market has decreased for single family homes and condominiums, demonstrating that buyers are motivated and that there is still a strong interest in the market.  Buyers who were pushed out of the market back in 2004 and 2005 are getting off the fence and moving forward to own.

 

The report which 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 analysis:

 

·         Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 83 percent, with 464 in October 2008 compared to 254 in October 2007.

 

·         Overall pending home sales for properties less than $300,000 saw a 255 percent increase with 337 in October 2008 compared to 95 in October 2007.

 

·         Overall home sales increased 40 percent with 363 in October 2008 compared to 259 in October 2007.

 

·         Single-family pending home sales increased 134 percent overall, with 313 in October 2008 compared to 134 in October 2007; Pending sales of single-family properties of less than $300,000 were 230 in October 2008 compared to 28 in October 2007, a 721 percent increase.

 

·         Single-family home sales increased 65 percent overall, with 205 in October 2008 compared to 124 in October 2007.

 

·         Overall condo sales increased 17 percent, with 158 in October 2008 versus 135 sales in October 2007; and pending condo sales under $300,000 increased 60 percent with 107 in October 2008 compared to 67 in October 2007.

 

Pending sales are continuing to increase in the under $300,000 category, as homes continue to be priced reasonably.

 

To view the entire October report, click here.

0 comments • Michael, Peter & Joani Kikkert • December 02 2008 09:31AM

Realtor.com traffic surges in July

LOS ANGELES - Aug

LOS ANGELES - Aug. 28, 2008 - Is this the real estate turnaround?

On the heels of an increase in Florida home sales, a spike in new home sales and an upswing in consumer confidence, traffic to Realtor.com went up significantly in July with month-over-month increases in both traffic (29 percent) and time spent on site (26 percent) on Realtor.com, the official consumer Web site of the National Association of Realtors. Year-over-year page views on Realtor.com and the Move Network increased by 22 percent and 11 percent, respectively, as consumers spent more time searching properties in popular and unexpected metro areas than they did this time last year.

Local markets in July experiencing the largest year-over-year percentage increases in consumer searches on Realtor.com included Stockton-Lodi, Calif. (140.9 percent), Las Vegas, Nev. (93.9 percent), Fort Myers-Cape Coral, Fla. (69.5 percent), Detroit, Mich. (51.8 percent) and Washington, DC-MD-VA-WV, VA (49.1 percent). Click here for the full list.

Lorna Borenstein, president of Move, Inc., the oversight company for Realtor.com, says that year-over-year traffic on Realtor.com increased by 9.5 percent, despite the fact that traffic within the real estate category declined by 1 percent, and consumers spent 24.7 percent more time in July on Realtor.com than on the next closest competitor.

Realtor.com currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents.

Realtor.com Year over Year percentage increases in consumer searches in some of the markets serviced by Prudential Florida Realty:

Ft Myers - 69.5%
Naples - 66.2%
Miami-Dade - 56.7%
Sarasota-Bradenton - 44.7%
Fort Lauderdale - 44%
West Palm Beach/Boca Raton - 41.5%
Punta Gorda - 40.2%
Ft. Pierce-Port St. Lucie - 34%
Tampa-St. Pete - 28%
Orlando - 20%
Pensacola - 20%

0 comments • Michael, Peter & Joani Kikkert • September 05 2008 11:49AM

Report Shows Strong Pending Sales and Reduction in Overall Inventory

NABOR REPORTS UPWARD TREND LINE CONTINUES

Report Shows Strong Pending Sales and Reduction in Overall Inventory


NAPLES, Fla.-August 14, 2008-July sees positive signs in multiple market indicators, with lower priced property sales doubling from last year, while all other price segments showed small increases in the median price (The “median price” means half of the sales were above that price and half were below) 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).


Overall pending sales, which are a key indicator of buyer activity, increased 75 percent in July 2008 compared to July 2007. This increase was seen in both the condo market, up 48 percent from last year, and the single-family home market, where pending sales increased 19 percent in July 2008 versus July 2007. Every geographic area saw a positive increase in transactions, closed and pending sales.


Pending sales are up, inventory is down, and median sales prices are beginning to level out.


Statistics compiled by NABOR show overall inventory has decreased by 5 percent with 10,640 in July 2008 compared to 11,190 in July 2007.


With the market activity of the $300,000 and below category and overall pending sales increasing dramatically, now is the time to buy in the Naples market.


The report which provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges and geographic segmentation also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:


  • Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 75 percent, with 480 in July 2008 compared to 274 in July 2007.

  • Overall pending home sales for properties less than $300,000 saw a 208 percent increase with 302 in July 2008 compared to 98 in July 2007, and properties priced in the $500-$1 million rose 15 percent with 62 in July 2008 versus 54 in July 2007.

  • Overall home sales were 361 in July 2008 compared to 275 in July 2007, a 31 percent increase

  • Single-family home sales increased 22 percent overall, with 188 in July 2008 compared to 154 in July 2007; Pending sales of single-family properties of less than $300,000 were 174 in July 2008 compared to 30 in July 2007, a 480 percent increase

  • Overall condo sales increased 43 percent, with 173 in July 2008 versus 121 sales in July 2007; and pending condo sales under $300,000 increases 88 percent with 128 in July 2008 compared to 68 in July 2007.


  • The overall median sales price decreased 29 percent from the same month last year.


The new housing stimulus package as it supports Fannie Mae and Freddie Mac is positive and it provides a number of incentives for buyer groups, which accounts for the pending sales increase in all geographic areas.


We have hit the bottom of home sales prices in some categories and in other categories we are bouncing up as the market continues to recover.


You can view the entire July report here.

0 comments • Michael, Peter & Joani Kikkert • August 20 2008 04:09PM

SALES UP, INVENTORY DOWN FOR FIFTH CONSECUTIVE MONTH

SALES UP, INVENTORY DOWN FOR FIFTH CONSECUTIVE MONTH

June 2008 Pending Sales 63 Percent Higher Than June 2007

 

Now is a great time to buy, and more people are agreeing 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).

 

“For the fifth consecutive month, we are seeing the number of pending sales increasing and the available inventory decreasing. We are seeing this trend across the broad spectrum, not just in specific price points or geographic areas,” said Arlene Carozza, NABOR president and Realtor. “Overall, pending sales activity is up 63 percent over last year, with some areas well over 150 percent.”

 

In the June report, compiled by NABOR, overall sales have increased nine percent and inventory has decreased by seven percent.

 

There is an increased interest in homes which is creating a large increase of showings. Properties that are priced right are quickly disappearing.

 

The report, which provides annual comparisons of single-family home and condo sales (via the Sunshine Multiple Listing Service), price ranges and geographic segmentation, also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

 

·        Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 60 percent, with 484 in June 2008 compared to 301 in June 2007.

 

·        Overall market sales for June 2008 in the $0-$300K category are up 58 percent with median sold price down 15 percent, compared to June 2007. Overall inventory is down seven percent.

 

·        For single-family homes priced up to $300,000, there are 172 pending sales, up 537 percent over June 2007, when there were 27 pending sales. In the same category, sales are up to 113, a 253 percent increase over the 32 sold in June 2007.

 

·        Pricing for single-family homes from $1 - $2 million increased by nearly eight percent.

 

·        Overall condominium pending sales for June 2008 increased 43 percent to 197, compared to 138 in June 2007. Comparing pending sales from June 2007 and June 2008, condominiums priced up to $300,000, there is a 59 percent increase, while condominiums priced from $500,000 to $1 million are up 38 percent. For condominiums priced from $1 - $2 million, pending sales are up 30 percent from June 2007. Overall condominium inventory is down 13 percent.

 

The buyers who have been waiting are moving forward to own.

 

Click here to see the June statistics.

 

 

- Michael

1 comment • Michael, Peter & Joani Kikkert • July 22 2008 01:58PM

Short Sale or Foreclosure?

Everyone likes getting a great deal buying real estate

Everyone likes getting a great deal buying real estate. While looking around, you have heard about a short sale and a foreclosure. What's the difference? A big one and it's important to know before moving forward.

 

A short sale means that the seller will not net enough from the sale to pay off the mortgage. There could be a difference of $20,000 or more and the seller must work this out with the lender. If you put an offer on a short sale, the lender makes the decision to either accept or reject the offer and they are slow to respond.

 

Buyers who have made offers on a short sale have waited 60 or more days without hearing that their offer is either accepted or rejected. Why are the lenders slow to respond? They are waiting for a better offer to come in. Why hurry when the homeowner is maintaining the property? As a matter of fact, offers above list price have been rejected. Meanwhile, the buyer looses out on another opportunity because they are waiting for an answer. Unless you have lots and lots of time, don't bother with a short sale.

 

The lender owns a foreclosure. These are often referred to as bank owned or REO's. They are similar to a normal transaction allowing you to close in 60 days or maybe less, which is a big advantage over a short sale. Why are the banks so eager to close? The bank is paying to maintain the home. They also know their bottom line.

 

You can expect the procedure to purchase a foreclosure to be different than a conventional purchase. In a conventional sale, the buyer usually gets pre-qualified for a mortgage if that applies. A deposit (earnest money) is submitted with the offer. When the terms of the sale are worked out between the buyer and seller, the buyer proceeds to get a mortgage if that applies. The deadline for the mortgage application and approval is defined in the purchase agreement. If the buyer is not able to get the mortgage, the earnest money is returned to the buyer.

 

When you purchase a foreclosure, you must be pre-approved for your mortgage, if that applies, before submitting the offer. The approval does not have to be through the lender that owns the home. You can submit the approval letter from the lender you are using. If you are paying cash, there is a very good chance that you will have to show proof of funds. Keep in mind that the lender wants to make sure that they have a solid deal and you'll still need to submit earnest money with the offer.

 

In a conventional sale, the seller may fill out a “Sellers Disclosure” to disclose any defects that they are aware of. The buyer has the option to have an inspection. If any deficiencies are found, the buyer can request that the seller either makes the necessary repairs or request a credit at closing for the repairs. If the seller does not honor the buyer's request, the purchase agreement is dead and the buyer gets their earnest money back.

 

The lenders do not fill out a “Sellers Disclosure” on a foreclosure and the home is sold “as is”. You can pay for an inspection to make an informed buying decision, but the lender will not make any repairs or give credit at closing for the repairs.

 

Lastly, some banks may not disclose if the home presently has any offers or if any offers have been made at all.

 

Before you consider owning a foreclosure, firm up the financing or obtain proof of funds, do an inspection to make an informed buying decision and allow up to 60 days for closing. There are a lot of great deals out there and they won't last forever.

 

You can see the foreclosures on our web site, www.cnaples.com. You can also click here for details.

 

I welcome your questions or comments. I would love to hear from you.

 

- Michael

3 comments • Michael, Peter & Joani Kikkert • July 16 2008 04:16PM

Naples FL - Pending Home Sales Up 85 Percent in May

FOURTH CONSECUTIVE MONTH OF MARKET IMPROVEMENT

Summer home sales are off to a great start, 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).


Not only are the numbers impressive for post-season sales, but also more significantly, this is the fourth consecutive month of increased market activity. The single-family home market is off-the-charts with an 85 percent increase in pending sales and an 18 percent increase in homes sold during May.


The statistics compiled by NABOR shows that home prices are stabilizing and inventory is diminishing in Collier County, which are key factors in a market rebound. The dramatic increase in overall pending sales is a positive sign that the “buy now” message is being heard.


The flippers and speculators who were looking to make a lot of money in a short period of time fueled the price spike we saw back in 2005. The pricing pushed a lot of legitimate buyers out of the market. Some were also tired of competing with multiple buyers for the same home only to lose and own nothing. This created a lot of pent up buyers who have returned to own.


The numbers a sign that the prices and inventory currently available will not be here next season. Even though we get a lot of snowbirds in Naples every season, none of them buy while they are here. They often decide to buy a day or two before they return up north. However, they will return during the summer and end up owning a place of their own for next season. We also get a lot of European visitors during the summer who also own end up buying a home of their own. The buyers who stay on the fence will regret the decision to wait.


The report provides annual comparisons of single-family home and condo sales (through the Sunshine Multiple Listing Service), price ranges and geographic segmentation. It also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:


  • Overall pending home sales in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 37 percent, with 578 in May 2008 compared to 421 in May 2007.


  • Overall pending home sales for properties priced between $300,000 – $500,000 increased 97 percent year-to-date, and properties priced more than $2 million saw a 52 percent increase with 35 in May 2008 versus 23 the same month in 2007.


  • Overall homes sales were 476 in May 2008 compared to 451 in May 2007, a six percent increase; overall homes sales of less than $300,000 increased 39 percent with 231 in May2008 compared to 166 in the same month 2007.


  • Single-family home sales increased 18 percent overall, with 233 in May 2008 compared to 197 in May 2007; single-family home sales in the less than $300,000 category saw a110 percent increase with 84 in May 2008 compared to 40 in May 2007.


  • Pending sales of single-family properties of less than $300,000 were 156 in May 2008 compared to 30 in April 2007, a 420 percent increase.


  • Overall condo sales decreased four percent, with 243 sales in May 2008 versus 254 sales in May 2007; however, pending condo sales increased two percent with 244 in May 2008 compared to 240 in May 2007.


You can click here to view the May report.


I understand that all buyers are not able to move forward right now. Some of you have another home to sell before you can move forward on a purchase down here and that’s okay. I wish you lots of success with a quick sale.


For those of you who are able to move forward right now, some of you are still thinking “I’ll wait”. Maybe you’ve been listening to that depressing propaganda from the drive by media called “news”. The media doesn’t know anything about real estate. If you cooperate with the drive by media, you live a defeated life. Maybe you’ve been listening to your friends who don’t know anything about real estate either. One of the lines you’ve probably heard is “prices are still going to drop”. If that were true, we wouldn’t have the amount of sales we saw in May.


Interest rates are still low and there’s no sign that there will be additional cuts. Prices are very affordable and the present inventory allows you to get the home you want. It’s a matter of best choice today versus what’s left tomorrow. Wouldn’t you rather be a day early than a day late?



- Michael Kikkert

0 comments • Michael, Peter & Joani Kikkert • July 02 2008 02:14PM

Naples FL - NABOR Reports Highest Pending Sales in 31 Months

 

Pending sales in the Naples area during March increased for the second consecutive month – resulting in the greatest market activity in the past 31 months – 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).

Overall pending sales, which are a key indicator of buyer activity, increased 7 percent year-to-date in March, following a 10.6 year-to-date increase in February, which marked the end of a 28-month downward trend. This year-to-date increase was seen in both the condo market, which was up 6 percent, and the single-family home market, where pending sales increased 9 percent.

“This is the best March we’ve experienced in three years,” confirmed Arlene Carozza, NABOR President and Realtor®, noting that properties under $300,000 are leading this upward trend. “There is no doubt that lower-priced properties account for the majority of sales, but this is indicative of overall market improvement.” Carozza stated.

The report, which provides annual comparisons of single-family home and condo sales (via the SunshineMLS), price ranges and geographic segmentation, also includes an overall market summary. The statistics are presented in chart format, along with the following analysis:

Overall pending home sales under $300,000 in the greater Naples Area, which includes Naples Beach, North Naples, Central Naples, South Naples, East Naples, Immokalee and Ave Maria, increased 69 percent, with 294 in March 2008 compared to 174 in March 2007.

Overall homes sales were 388 in March 2008 compared to 440 in March 2007, a 12 percent decrease.

Overall condo sales decreased slightly with 237 sold in March 2008 compared to 244 in March 2007; and condo sales under $300,000 increased 12 percent with 131 in March 2008 compared to 117 in March 2007.

Single-family home sales decreased 23 percent overall, with 151 in March 2008 compared to 196 in March 2007, but sales in the less than $300,000 category saw a 33 percent increase with 56 in March 2008 compared to 42 in March 2007.

While the overall median sales price is still down, the gap is closing.  The median sale prices are gradually rising and increased 8.4 percent year-to-date in the $300,000-$500,000 price range.  If this trend continues, we will look back in a few months realizing the market hit bottom.

Even though the population swells with snowbirds during the winter months, the ones who rent often decide to own something a day or two before they return up north.  Most of the first time buyers prefer a condominium because there is no outside area to maintain.  Some buy a villa style home, which is a single-family home in a community where the association maintains the outside of the home for the owners.  Regardless of what the seasonal residents are looking for, they will return during the summer and buy something.

To view the entire March report, click here.

- Michael Kikkert

0 comments • Michael, Peter & Joani Kikkert • June 18 2008 02:33PM