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Welcome to Schultz Home Team'sMarco Island, Naples and Hideaway Beach Real Estate Website

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Buying up in a down market:  This is the best time to move into that beach front condo or water direct property you’ve always wanted. Even though the value of your property is not what it once was, neither is the price of the property you will purchase. Waiting for prices to recover before you move will actually cost you more as the spread between the two properties widens.

Marco Island, 4th Quarter 2012 Real Estate Market Update

There were 97 more condo sales, 21 more home sales, and 28 more lot sales in 2011 compared to the same period in 2010. On average, prices appear to be holding fairly steady for now and the flow of new foreclosures and short sales has slowed. If we can avoid any external shocks, it looks to be a good season ahead!

Marco Island Inventory levels are down 15% from this time last year and the total number of pending sales are up 3% compared to last year with 110 properties under contract compared to 107 on January 1, 2011. While the total is up 3%, pending home sales are down 2% pending condo sales are down 17% and pending lot sales are up 200%. 45 of these pending sales are either foreclosures or short sales which is 41% of all pending sales. There were 78 closings on Marco Island properties in the last month and 35 net new pending sales accounting for the decrease in total pending units from 153 last month to 110 currently.

Click the following link to view my 4th Quarter 2011 Analysis:http://www.marcohomeinfo.com/<WBR>4thQuarter2011RealEstateMarket<WBR>Analysis.pdf


Marco Island, 3rd Quarter 2011 Real Estate Market Update

 

Marco Island Inventory levels are down 12% from this time last year and the total number of pending sales are down 2% compared to last year with 120 properties under contract compared to 123 on October 1, 2010. While the total is down 2%, pending home sales are down 19% pending condo sales are up 27% and pending lot sales are up 8%. 64 of these pending sales are either foreclosures or short sales which is 53% of all pending sales. There were 60 closings on Marco Island properties in the last month and 35 net new pending sales accounting for the decrease in total pending units from 145 last month to 120 currently.

There were 83 more condo sales, 27 more home sales, and 24 more lot sales in 2011 compared to the same period in 2010. On average, prices appear to be holding fairly steady for now and the flow of new foreclosures and short sales has slowed. If we can avoid any external shocks, it looks to be a good season ahead!

Click the following link to view my 3rd Quarter 2011 Analysis: VIEW REPORT


Marco Island, 2nd Quarter 2011 Real Estate Market Update

There were 68 more unit sales in the first half of 2011 compared to the same period in 2010. High-end properties did very well this quarter lifting the average price of a water direct home by 28%. With fewer properties coming to market and the increase in units sold, the inventory continues to shrink. Based on my analysis, the bottom in prices was set last fall during the BP oil scare and we have been steadily improving ever since.

Marco Island Inventory levels are down 12% from this time last year and are at the lowest level since early 2005 while pending sales are up 11% compared to last year with 153 properties under contract compared to 138 on July 1, 2010. 74 of these pending sales are either foreclosures or short sales which is 48% of all pending sales. There were 79 closings on Marco Island properties in the last month and 35 net new pending sales accounting for the decrease in total pending units from 197 last month to 153 currently.

 

Click the following link to view my 2nd Quarter 2011 Analysis: http://www.marcohomeinfo.com/<WBR>2ndQuarter2011RealEstateMarket<WBR>Analysis.pdf



Marco Island Florida Real Estate, 1st Quarter 2011 Market Update

There is a lot more GREEN on the report this quarter than I have seen in years! High end condos and homes did very well with many sales recorded in the over $1,000,000 category. Both volume and prices are up in most categories and as of right now, the bottom looks to be in!

Marco Island Inventory levels are down 6% from this time last year while pending sales are up 4% compared to last year with 221 properties under contract compared to 213 on April 1, 2010. 75 of these pending sales are either foreclosures or short sales which is 38% of all pending sales. There were 75 closings on Marco Island properties in the last month and 112 net new pending sales accounting for the increase in total pending units from 184 last month to 221 currently.

Click the following link to view my 1st Quarter 2011 Analysis:  http://www.marcohomeinfo.com/1stQuarter2011RealEstateMarketAnalysis.pdf

It has been my experience that a well priced property foreclosure or short sale will go under contract in less than 1 week. So if you want to buy a deal I recommend you work with someone with great market knowledge and the experience needed to give you the edge. As a Certified Distressed Property Expert, I have successfully closed over 47 short sale / foreclosure transactions since 2007.

As always, If you have any questions about Marco Island or the Real Estate market here, I am available to personally assist you in your search. Just send an email or give me a call and I will be happy to help.


Marco Island Florida Real Estate, 4th Quarter 2010 Market Update


I can't predict the future, and I don't know the exact date and time of the market bottom, but I can say that with prices at turn of the century levels, there hasn't been a better time to buy property on Marco Island in the last decade!  When we look back at this period sometime in the future, are you going to say that you wish you would have taken advantage of the opportunity to own a piece of paradise at these prices?

Marco Island Inventory levels are up 2% from this time last year while pending sales are down 26% compared to last year with 107 properties under contract compared to 144 on January 1, 2010.  52 of these pending sales are either foreclosures or short sales which is 49% of all pending sales.  There were 75 closings on Marco Island properties in the last month and 38 net new pending sales accounting for the decrease in total pending units from 144 last month to 107 currently.

There were 56 Foreclosed Homes Sold in 2010 on Marco Island that were recoreded in the MLS.  Click the following link to view:

http://www.marcoforeclosuresandshortsales.com/HomesSold2010.htm

There were 38 Foreclosed Condos Sold in 2010 on Marco Island that were recoreded in the MLS.  Click the following link to view:

http://www.marcoforeclosuresandshortsales.com/CondosSold2010.htm

Click the following link to view my 4th Quarter 2010 Analysis: http://www.marcohomeinfo.com/4thQuarter2010RealEstateMarketAnalysis.pdf

Marco Island Florida Real Estate, 3rd Quarter 2010 Market Update

Unit sales fell dramatically this quarter compared to the first half of 2010, but the total compared to 2009 is still well ahead.  There have been 49 more condos, 20 more homes, and 3 more lots sold in 2010 as compared to the same period last year .  A portion of the decline in sales can be attributed to the lack of contracts early in the quarter due to the Gulf oil spill and the fears surrounding the uncertainty of that event. 

Marco Island Inventory levels are down less than 1% from this time last year while pending sales are down 25% compared to last year with 123 properties under contract compared to 163 on October 1, 2009.  64 of these pending sales are either foreclosures or short sales.  There were 43 closings on Marco Island properties last month and 28 net new pending sales accounting for the decrease in total pending units from 138 on September 1 to 123 currently.

Click the following link to view my 3rd Quarter 2010 Analysis: http://www.marcohomeinfo.com/3rdQuarter2010RealEstateMarketAnalysis.pdf


Marco Island Florida Real Estate, 2nd Quarter 2010 Market Update

Unit sales continued to pickup through the quarter with 70 more condos, 16 more homes, and 7 more lots sold in 2010 as compared to the same period last year .  Home and condo prices have stabilized for now and I will be looking for follow through in the coming months to see if prices hold.  

Marco Island Inventory levels are down 4% from this time last year while pending sales are down 10% compared to last year with 138 properties under contract compared to 153 on July 1, 2009. 84 of these pending sales are either foreclosures or short sales.  There were 78 closings on Marco Island properties for June compared to 34 net new pending sales accounting for the reduction in total pending units from 182 on June 1 to 138 currently.Marco Island Inventory levels are down 4% from this time last year while pending sales are down 10% compared to last year with 138 properties under contract compared to 153 on July 1, 2009. 84 of these pending sales are either foreclosures or short sales.  There were 78 closings on Marco Island properties for June compared to 34 net new pending sales accounting for the reduction in total pending units from 182 on June 1 to 138 currently.

Sale have dropped off sharply in the off season and the number of  foreclosures on the market has doubled to 30 compared to 15 just 3 months ago.  It looks like pace of new foreclosure units comming to market is continuing, but the drop in sales has led to the increased number currently on the market.

Part of the sales decline can be attributed to the Deep Water Horizon oil blowout in the gulf, as potential clients are apprehensive about making a commitment to real estate given the uncertainty of the durration and potential long term impact to the Gulf.  Fortunately, it has been estimated that there is less than a 1% chance of the oil hitting our beach!  See this link for a full report:
http://www.noaanews.noaa.gov/stories2010/PDFs/long_term_oil_outlook_report_july2_2010.pdf


Click the following link to view my 2nd Quarter Analysis: http://www.marcohomeinfo.com/2ndQuarter2010RealEstateMarketAnalysis.pdf


Marco Island Florida Real Estate, 1st Quarter 2010 Market Update


Unit sales continued to pickup through the quarter with 36 more condos, 17 more homes, and 6 more lots sold in 2010 as compared to the same period last year .  Marco Island Inventory levels are down 18% from this time last year while pending sales are up 70% from last year with 213 properties under contract compared to 132 on April 1, 2009. Home and condo prices have stabilized for now and I will be looking for follow through in the coming months when season is behind us to see if prices hold.  

If sales continue into the off season and the number of new short sales and foreclosure are limited we may have a platform for future price gains.  Time will tell.

Click the following link to view my 1st Quarter Analysis:

http://www.marcohomeinfo.com/1stQuarter2010RealEstateMarketAnalysis.pdf


Marco Island Florida Real Estate, 4th Quarter 2009 Market Update

There was a nice surge in the volume of 4th quarter closings that pushed the total units sold to an increase over last year with the largest increase being recorded in the water indirect home category with 28 more units sold in 2009 than in 2008.  Home and condo prices have stabilized for now and should remain level through season.  Lot prices have experienced the most pressure but may have also found a bottom.

Marco Island Inventory levels decrease slightly this month with over 150 properties comming off the market at the end of the year.  I expect many of these to come back on this month with new listings or price adjustments.  Pending sales are up 129% from last year with 144 properties under contract compared to 63 in January 2009.  Short sales and foreclosures dominate new sales with 71% of homes, 55% of condos, and 58% of lots classified as a “distressed sale”. This trend should continue through 2010 with great  buying opportunities available for those ready to jump in. 

Click the following link to view my 4th Quarter Analysis: http://www.marcohomeinfo.com/4thQuarter2009RealEstateMarketAnalysis.pdf


Marco Island Florida Real Estate, 3rd Quarter 2009 Market Update

Marco Island Inventory levels are down 11% and pending sales are up 70% from year ago levels . There is steady buyer activity on the foreclosure and short sale front representing 50% of all pending sales. In the water direct homes category (WD), 63% or 19 of the 30 pending sales are short sales.  It has been my experience that only 50% of short sales with convert to actual closed sales.  The most interesting statistic that has been uncovered in the report is the jump in lots sales.  There are currently 14 pending lot sales compared to 10 last month and 5 from a year ago.

While the inventory report from the first of the month showed that pending sales are up 70% from year ago levels, the 3rd quater sales analysis shows there was only 16 more homes closed in 2009 compared to the same period in 2008 representing a 12% increase.  Also, there were 29 fewer condos sold in 2009 compared to 2008 representing a 15% decline.  This statistic illustrates the vast difference between closed sales and pending sales and then impact pending short sales are having on the numbers. 

Click the following link to view my 3rd Quarter Analysis: http://www.marcohomeinfo.com/3rdQuarter2009RealEstateMarketAnalysis.pdf


Marco Island Florida Real Estate, 2nd Quarter 2009 Market Update

The big story from Marco this quarter has to be the continued decline in available inventory and stabilization of water front home prices.  Home inventory is down 10% from this time last year while pending sales are up nearly 50%.  Looking further at this information I found that 50% of the pending sales are for foreclosures and short sales, while this represented only 25% of the closings.  This is caused by 2 things; the first is that a good number of short sales never close and the other is that it takes longer for these types of sales to actually close.

Activity continues at a brisk pace with many first time Marco buyers wanting to take advantage of the 1/2 off sale.  There has been a steady flow of foreclosed properties hitting the market, but most of them are getting put under contract in less than a week.  If have to be nimble to take advantage of these opportunities and if you have any interest in foreclosure please send me an email and I can put you on my watch list.
Click the following link to view my 2nd Quarter Analysis:

http://www.marcohomeinfo.com/2ndQuarter2009RealEstateMarketAnalysis.pdf



Marco Island Florida Real Estate, 1st Quarter 2009 Market Update

Closings for the 1st quarter 2009 trailed the same period in 2008 by 20 units. January was the big drag on the quarter because of the drop in contracts written in at the end of 2008. March recovered to year ago levels and pending sales are up 81% from last year. Prices appear to be leveling out with a slow down in new foreclosures and short sales hitting the market. Click this link to view my 1st quarter report:

http://www.marcohomeinfo.com/1stQuarter2009RealEstateMarketAnalysis.pdf

 

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Need local real estate information? We've summarized much of what is important about the Marco Island, Naples and Hideaway Beach real estate market in this site.  

Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job.  

Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible.  

Buying and selling a home is one of the biggest events in your life. As top Marco Island, Naples and Hideaway Beach real estate agents, we have the experience and track record you are looking for. Please let us help.  

Welcome to Frank Schultz Premier Plus Realty. We are one of Marco Island’s premier real estate agents. Whether you’re buying or selling, we are here to help get the most out of your experience. 

Are you looking for a home in paradise? Welcome to Marco Island Florida. Marco Island is located on the beautiful Gulf of Mexico in Southwest Florida. With being the largest of Florida’s Ten Thousand Islands, Marco Island is one of the best places to live or own a second or vacation home. We have many Marco Island FL properties for sale. Visit our MLS listing to enter exactly what you are looking for.  

With interest rates at a record lows and home prices at affordable levels, right now is the best time to invest in real estate. Whether you are a first time home buyer or a person looking for a great investment, Frank Schultz Premier Plus Realty can find the perfect home for you. 

Search through our Marco Island homes for sale to find the perfect home for you. If you’re not sure where to begin, call today to speak with an experienced real estate agent to help narrow your search. 

Is your family outgrowing your existing home? Frank Schultz Premier Plus Realty can help sell your current home for the price you deserve in a timely manner, ensuring you can upgrade your existing home to the house you will retire in as quickly as possible. Our expert knowledge of Marco Island will ensure that your real estate transaction will be as smooth as possible. 

When it comes to investing in real estate, there is no better place than Florida. Frank Schultz Premier Plus Realty specializes in foreclosed and distressed homes and can find the perfect investment property in Marco Island. With current market situations we can find you a property with 50% plus in equity. 

On our website, you can find great home listings, community and neighborhood information. We specialize in hands on personalized service to make your home buying experience a great one. If your plan is to relocate to Marco Island, call us today to speak about how we can help in your real estate investment. 


- Schultz Home Team 

Marco Island FL Real Estate | Marco Island Real Estate | Marco Island Homes for Sale | Marco Island Properties for Sale | Real Estate for Sale Marco Island
 




Real Estate Tips
Bargain Properties >Affordable Real Estate

Are you still writing those checks to your landlord every month to keep a roof over your head, but not accumulating any home equity? If you are still renting because you think you still need a fortune to get into your own home, you should investigate today's real estate market.

Interest rates are still relatively low, which means that mortgage loans are affordable, with payments potentially in the range of your current monthly rent. Qualifying for a loan was never easier, especially since lenders have increased in large numbers and are competing for your business. Even if you couldn't qualify to buy a home just a few years ago, you may be able to qualify today. There are a number of government programs and mortgage packages which require small down payments, in the three to five percent range--and that is not even talking about the tax advantages! Think about it the next time you write a rent check.

See All Tips In The "Bargain Properties" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What famous American building was originally built in 1792, burned and rebuilt 1814-1818 and restored in 1952?

A 
The White House in Washington, D.C., modeled after an Irish palace, is a sumptuous example of post-colonial architecture.
See More Real Estate Trivia >


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Schultz Home Team, REALTOR®, real estate agent and broker for Marco Island, Naples and Hideaway Beach, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Schultz Home Team
Premiere Plus Realty

235 N Collier Blvd
Marco Island, FL 34145
239-821-3839
Fax: 305-503-8574
SchultzHomeTeam@NUMBER1EXPERT.com

The internet is a great place to start searching for your Next Home, but nothing can replace the benefits you get when you work directly with a professional Realtor that has experience and in depth market knowledge. If you have any questions about Marco Island or the Real Estate market here, I am available to personally assist you in your search. Just send an email or give me a call and I will be happy to help.


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