Serving the Naples, Bonita Springs & Fort Myers Beach Areas

Development:  Hidden Lake Villas at Park Shore

Call Ellie today with any of your real estate questions or to schedule a showing of one of these beautiful homes. . . . . . . .  239-776-5077

Development:  Martinique at Tarpon Cove

Downing-Frye Realty

Development:  Bermuda Bay I - Bay Forest

Development:  Emerald Bay

Development:  Park Shore Resort

Development:  Bermuda Cove at Wiggins Bay

Development:  Emerald Bay

Development:  Bermuda Bay I at Bay Forest

Benefits of purchasing a home now vs. waiting

Buying Up in a Down Market

-  The difference in value between these two homes is smaller after the market falls

-  A buyer is closer to affording the next home now then at the market's peak.

Example:  Current home down 30% from $400,000 to $280,000.  The next home is also down 30%.

According to NAR the average value of a new destination home is 50% more than the

current home.  In this example, the destination home also decreased in value by

30% from $600,000 to $420,000.

Net Gain by moving up

The net difference is $200,000 at the peak of the market but only $140,000, at the

drop.  The buyer of the destination home is $60,000 closer to affording the home now

then at the peak of the market.

If you look only at the 30% loss on your home, then you'll miss the hidden benefit of this market.  Instead of looking at your isolated sale, you must look at the entire transaction from your home to the next home.  Had you sold at the peak of the market, you would've also purchased at the peak of the market.

Featured Homes