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Vivante Monthly Vivante Review, 1st November, 2024. There haven’t been any pendings or sales since July. There are 21 active listings currently, 13 in Boca and 8 in Bella. There were two new listings during October, they are 99311 (2,106sf) listed at $479,000 and 8934 (2,338sf) at $640,000. As you’ve read in my Monthly Reviews recently, I’ve been thinking that prices are […]
Vivante Monthly Vivante Review, 1st October, 2024. There were no pendings nor sales recorded in September. There are 23 active listings currently, 13 in Boca and 10 in Bella. There is little activity in our market. There have been 24 price reductions in the current 23 active listings, several of them a multitude of times. There were three new listings in Vivante […]
Vivante Monthly Vivante Review, 1st September, 2024. There were no new pendings and no sales recorded in August. There are 22 active listings currently, 13 in Boca and 9 in Bella. Activity in our market still remains deeply lethargic. There have been 19 price reductions on the current 22 actives, which is lower than last month – due in part to two […]
Be Aware National Association of Realtor’s Settlement as a Result of the Sitzer-Burnett Class Action Law Suit. As part of the National Association of Realtors’ (NAR) settlement, from 17th August, 2024, we have a new library of agreements and contracts for both sellers and buyers. So let me try to throw some light on the changes so you, as a client, can begin to understand what’s happening. But first, please note well:- […]
Vivante Monthly Vivante Review, 1st August, 2024. There was one closing in July, 9433 (1,698sf) sold for $419,000, but there were no new pendings. That sale at $247 per square foot is positioned fairly closely to the averages for both Boca ($225psf) and Bella ($254psf). There were three new listings, 9442 (1,915sf) was listed at $425,000 ($222psf), 9925 (1,698sf) at $435,000 ($256psf) […]
Vivante Monthly Vivante Review, 1st July, 2024. In general, the market for properties in SW Florida is not favourable to sellers and buyers. Both sides are affected by interest rates. There were no sales in June, but there were two new listings, 8534 (2,338sf) was listed at $750,000 and 8742 (also 2,338sf) was re-listed at $785,000 (see the third paragraph) – for […]
Vivante Monthly Vivante Review, 1st June, 2024. There were seven new listings in May; 9934 (1,485sf) at $322,000, 8531 (2,398sf) at $849,000, 8925 (2,338sf) at $799,000, 9022 (1,803sf) at $475,000, 9433 (1,698sf) at $448,000, 9744 (1,485sf) at $357,000 and 9325, (2,338sf) at $675,000. There were three sales in May, 8742 (2,338sf) sold for $630,000 (12% below original list), 9637 (2,106sf) raised $375,000 […]
Vivante Monthly Vivante Review, 1st May, 2024. There are two pending listings, 8742 (2,338sf) was listed at $679,990 (originally $718,000) and is slated to close today, and 9637 (2,106sf) was listed at $399,990 (originally $575,000) and should close on 5th June. There were five new listings in April; 99415 (1,698sf) at $449,000, 9944 (1,485sf) at $389,900, 9824 (1,485sf) at $397,000, 9026 (1,595sf) […]
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Be Aware National Association of Realtors Class Action Settlement Here are two articles of interest about the media’s misinterpretation of the recent settlement. Please read and call me for further explanation on what it will mean to real estate brokers’ compensation in the immediate future. CBR Headlines & Reality 15 Apr 2024 Herald Tribune on NAR Settlement 3 Apr 2024
Vivante Monthly Vivante Review, 1st April, 2024. Two listings went pending in March, 8742 (2,338sf) was listed at $679,990 (originally $718,000) and is slated to close on 1st May, and 9637 (2,106sf) was listed at $399,990 (originally $575,000) and should close on 5th June. Both were substantially reduced as you can see and found buyers; they are about and looking for bargains. […]
Be Aware Artificial Intelligence and Real Estate, 29th March, 2024. Artificial Intelligence is with us. It will bring many benefits but may also bring danger. Our worldly authorities are searching for ways to mitigate against damaging and malicious misuse. I have read recently that AI is already being used to imitate and interrupt realtor to client communications, appearing to be the normal course of business. […]
Be Aware Property Deed Fraud, 7th March, 2024. Property Deed Fraud is growing in Florida and state and county officers are urging property owners to protect themselves. There’s been a big spike in this type if fraud here in Florida because interest in real estate in the Sunshine State is growing and so popular that fraudulent activity has increased alongside. You may have […]
Vivante Monthly Vivante Review, 1st March, 2024. There were no new listings in February but one listing went pending, 9637 (2,106sf) was listed at $399,990 and is slated to close on 25th March. Two sales were recorded in February; 8545 (2,338sf) closed at $625,000 ($267psf) and 9025 (2,538sf) closed at $600,000 ($236psf). Just these two sales have materially affected the averages as […]
Vivante Monthly Vivante Review, 1st February, 2024. There were two new listings in January taking the total to 16, or 5% of the 342 units here. 98412 (1,915sf) is listed at $490,000 and 8936 (2,398sf) at $815,000. Good news, one listing went pending; 9025 (2,538sf) was listed at $630,000 and is slated to close on 26th February. No sales were recorded in […]
Vivante Monthly Vivante Review, 1st January, 2024. There were three new listings in December; 9931 (1,915sf) is listed at $549,000, 9844  (1,485sf) at $424,000 and 98210 (1,485sf) at $425,000. As has been the case for a half year now, pendings and sales are non-existent. In addition, there are now fairly regular price reductions, three in December; 9844 by $15,000 (-3½%), 9025 by […]
Vivante Monthly Vivante Review, 1st December, 2023. There were two new listings in November; 8742 (2,338sf) was listed at $718,000 and 99412 (1,915sf) is active at $500,000. There are zero pendings again and there were no closings in November – the last sale was 9639 (1,698sf) which closed at $460,000 on 9th June, nearly 6 months ago. The National Association of Realtors’ […]
Vivante Monthly Vivante Review, 1st November, 2023. At last, some movement, although, unfortunately, only new listings. There were four in October, 9736 (1,485sf) is priced at $479,000 ($300psf), 9727 (1,698sf) is priced at $478,900 ($282psf), 9742 (1,915sf) is priced at $524,900 ($274psf) and 8934 (2,338sf) is listed at $775,000 ($331psf). There are zero pendings again and there were no closings in October […]
Vivante Monthly Vivante Review, 1st October, 2023. Once upon a time there lived a small, humble grey mouse – he lived in a church: he was very quiet and slept for months at a time because nothing much was happening in his world. One day, however, he woke to discover the church had a new roof and all the draughty doors and windows were […]
Vivante Monthly Vivante Review, 1st September, 2023. There were no new listings in August – traditionally on of the quieter months anyway, but this year interest in Vivante is comatose. Neither were there any sales and no listings are pending closure, the third month in a row. One listing expired, 8934, (2,338sf) was listed at $715,000 and one has been reduced, 98217 […]
Vivante Monthly Vivante Review, 1st August, 2023. Once again there was only one new listing in July – 9637 (2,106sf) came to the market at $575,000. There were no sales in July and there are no listings pending closure. Vivante is still extraordinarily quiet so I really don’t have much to add; instead, let’s take a look at the larger picture of […]

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