Naples Vibe Realty
04/02/2025
๐ฅ๐๐ก๐ง๐๐ ๐ ๐๐ฅ๐๐๐ง -๐ช๐ง๐??
I started my real estate career managing rental properties in 2019.
๐ฐ ๐
๐ ๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐ค ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐๐.
Itโs never a dull moment, I love the hustle, I love helping people, I love making deals happen. ๐ฐ
It was so fun ๐คฉ there was a time I didnโt even need to list a property to rent it.
I always tell people that real estate is cyclical and itโs ok, you just need to ride out a wave ๐ We had a really really high wave and now we are in a downward wave (is that a thing?)
What. The. HeckโโWhat happened to our SWFL rental market??? It was rocking and rolling!
๐ฆ๐จ๐ฃ๐ฃ๐๐ฌ ๐๐ก๐ ๐๐๐ ๐๐ก๐ ! Itโs what drives prices for a lot of things!
Everyone jumped on the โinvestment propertyโ train in 2021 when money was cheap to borrow. Or they had extra money in the bank. Money is supposed to make your money, right? Right. But we canโt control the market!
So supply is highโฆlike Snoop dog high!!
People bought investment properties. People bought a house bc at the time we were literally running out of inventory and some thought it was the last chance to get a home in SWFL. They bought with intentions of moving next year, year after, some dayโฆwho knows. They just bought.
Now the dust has settled, Covid is over and ๐๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฏ๐ฎ๐ฐ๐ธ ๐๐ผ ๐ฎ๐ฌ๐ญ๐ต level of demand. Exceptโฆ๐บ๐ผ๐ฟ๐ฒ rental inventory.
Plus the sale market is stale. Canโt sell your house? Or donโt want to โgive it awayโ bc you bought at the peak of the market?
Or you decided you are not ready to move to SWFL? Youโre not using that second home as much as you thought you would?
So you decide to rent it out! Ok well you and everyone else ๐ฉ
๐ฆ๐ผ ๐ป๐ผ๐ ๐๐ฒ ๐ต๐ฎ๐๐ฒ ๐บ๐ผ๐ฟ๐ฒ ๐๐๐ฝ๐ฝ๐น๐ โฌ๏ธ , ๐น๐ฒ๐๐ โฌ๏ธ ๐ฑ๐ฒ๐บ๐ฎ๐ป๐ฑ.
BUTโฆinsurance is up. HOA fees are up. Taxes are up bc property values went up.
And yet rental prices are downโฆbcโฆ..low demand high supply.
What can you do??
Wellโฆdonโt panic. ๐ฅ๐๐๐๐ซ!
Call me. Letโs talk and come up with a plan.
Real Estate is cyclicalโฆletโs ride out this wave ๐ together.
239 300 7006
[email protected]
03/10/2024
New listing!
Priced to sell! Great for anyone looking for a flip.
Great neighborhood ๐๐๐ฅ๐๐ฆ๐๐๐ฅ๐ ๐๐๐๐๐ฆ
Low HOA $431/๐ฌ๐๐๐ฅ
๐๐๐ข๐ฆ๐ ๐ง๐ข ๐๐ข๐ช๐ก๐ง๐ข๐ช๐ก ๐ก๐๐ฃ๐๐๐ฆ
Pool
2 car garage
3 bedrooms, 2 baths
Corner lot
Backyard and screened in lanai
https://www.zillow.com/homedetails/691-Melville-Ct-Naples-FL-34104/43741177_zpid/
Naples Vibe Realty
Elina Maranz
Maya Maranz
Steven Maranz
239 300 7006
691 Melville Ct, Naples, FL 34104 | MLS #224022927 | Zillow This 2144 square feet Single Family home has 3 bedrooms and 2 bathrooms. It is located at 691 Melville Ct, Naples, FL.
Check out this beauty at the Hamilton Place -
Being offered FULLY FURNISHED!
Former model
Loads of upgrades
Great location in thee center of Naples!
$825,000
Naples Vibe Realty
239 300 7006
Elina Maranz
Broker/Owner
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