Welcome to the Livin The Dream Team Blog

If you're looking for the most up-to-date real estate trends in Marco Island and Naples, you are in the right place. From market trends to local events, and happenings our team is here to help navigate you every step of the way.

May 10, 2022

Ranked: Top Private Schools In Naples, FL

Ranked: Top Private Schools In Naples, FL - Main Picture

Naples Private Schools


 

Naples, Florida is known for its beautiful beaches and sunny weather, but it also has a thriving educational scene. With several excellent private schools, Naples is an ideal place to raise your children. Whether you are looking for exclusive academics or a warm, nurturing environment full of opportunities for growth and exploration, you can find the perfect school in Naples. So, if you are thinking of moving or just want to learn more about the best private schools in Naples, be sure to check out all that this charming coastal city has to offer!

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Posted in Buying a House
April 17, 2022

The 9 Best Neighborhoods In Naples, FL To Live In (2022)

The 9 Best Neighborhoods In Naples, FL To Live In (2022)

Naples, Florida, is a natural gem tucked away on the Gulf of Mexico in Southwest Florida. This area has some of the best neighborhoods in Naples, FL each with spectacular homes, impressive landscaping, and more. Naples, FL is located a mere minutes from high-end shopping and world-class golf courses.

Before you jump on board and begin moving to Naples, FL there are a few things to note about the neighborhood itself. 

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Posted in Buying a House
March 14, 2022

Living On Marco Island Florida: What To Know

Living On Marco Island, FL

Marco Island Florida

If you want to live every day like you are on vacation, then Marco Island Florida is the place for you. Marco Island Florida, is actually a barrier island located off Southwest Florida in the beautiful Gulf of Mexico. It is the largest and only developed land in Florida’s well known Ten Thousand Islands. Joined to the mainland by bridges, just south of the city of Naples it is resort island living with all the amenities of urban living easily accessible just moments away. Who doesn’t want that? 

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Feb. 15, 2022

Top 5 Gated Communities in Naples, FL

Top 5 Gated Communities in Naples, FL

Gated Communities in Naples

Located just off the Gulf of Mexico, Naples is a dream destination for many families and retirees. Known as one of the best places to live in Florida, it’s known for the affluent lifestyle it affords, top-notch shopping options, and luxury estate homes. Naples offers everything you need if you’re looking for the ultimate resort-style living. Some of the nicest neighborhoods in Naples, FL, are the gated communities and all the amenities they offer. No matter what’s on your dream home wishlist, you can find it next to the sandy beaches of Southern Florida. Here are the top five best-gated communities in Naples, FL.

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Posted in Naples Lifestyle
Jan. 18, 2022

Why Naples Florida is a Great Place to Retire

Naples Florida Retiring


When many people think of retiring, the first place that comes to mind is Florida. While there are lots of great reasons why Naples, FL in particular is an ideal location for retirees, even those who aren't interested in living full-time in the sunshine state may want to consider spending their "golden years" here. Whether you're looking for a winter home, a vacation property, or somewhere to spend your retirement years, Naples, Florida is an attractive choice for many reasons.

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Posted in Buying a House
Dec. 29, 2021

2022 Housing Market Insights From the Experts

As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in 2022.

Odeta Kushi, Deputy Chief Economist, First American:

“Consensus forecasts put rates at about 3.7% by the end of next year. So, that’s still historically low, but certainly higher than they are today.”

Danielle Hale, Chief Economist, realtor.com:

“Affordability will increasingly be a challenge as interest rates and prices rise, but remote work may expand search areas and enable younger buyers to find their first homes sooner than they might have otherwise. And with more than 45 million millennials within the prime first-time buying ages of 26-35 heading into 2022, we expect the market to remain competitive.”

Lawrence Yun, Chief Economist, National Association of Realtors (NAR):

“With more housing inventory to hit the market, the intense multiple offers will start to ease. Home prices will continue to rise but at a slower pace.”

George Ratiu, Manager of Economic Research, realtor.com:

“We also expect a growing number of homeowners to bring properties to market, taking some pressure off high prices and offering buyers more options.”

Mark Fleming, Chief Economist, First American:

“Strong demographic demand will continue to act as the wind in the housing market’s sails.”

What Does This Mean for Buyers?

Hope is on the horizon for 2022. You should see your options grow as more homes are listed and some of the peak intensity of buyer competition starts to ease. Just remember, rising rates and prices are a great motivator for you to find the home of your dreams sooner rather than later so you can buy while today’s affordability is still in your favor.

What Does This Mean for Sellers?

Make no mistake – this sellers’ market will remain in 2022 as home prices are projected to continue climbing, just at a more moderate pace. Selling your house while buyer demand is so high will truly put you in the driver’s seat. But don’t wait too long. With more listings projected to become available, your ideal window of opportunity to stand out from the crowd won’t last forever. Work with an agent who knows your local market and current inventory conditions to ensure you have the support you need to make an educated and informed decision about selling in the coming year.

If you’re thinking of buying or selling, 2022 may be your year. Partner with a real estate professional to discuss your goals and the unique opportunities you have in today’s housing market.

Dec. 22, 2021

The Benefits of Putting 20% Down Payment on a Home

If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it 20% of the purchase price, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as 3.5%, it’s important to understand the many perks that come with a 20% down payment.

Here are four reasons why putting 20% down may be a great option if it works within your budget.

1. Your Interest Rate May Be Lower

A 20% down payment vs. a 3-5% down payment shows your lender you’re more financially stable and not a large credit risk. The more confident your lender is in your credit score and your ability to pay your loan, the lower the mortgage interest rate they’ll likely be willing to give you.

2. You’ll End Up Paying Less for Your Home

The larger your down payment, the smaller your loan amount will be for your mortgage. If you’re able to pay 20% of the cost of your new home at the start of the transaction, you’ll only pay interest on the remaining 80%. If you put down 5%, the additional 15% will be added to your loan and will accrue interest over time. This will end up costing you more over the lifetime of your home loan.

3. Your Offer Will Stand Out in a Competitive Market

In a market where many buyers are competing for the same home, sellers often like to see offers come in with 20% or larger down payments. The seller gains the same confidence as the lender in this scenario. You are seen as a stronger buyer with financing that’s more likely to be approved. Therefore, the deal will be more likely to go through.

4. You Won’t Have To Pay Private Mortgage Insurance (PMI)

What is PMI? According to Freddie Mac:

“For homeowners who put less than 20% down, Private Mortgage Insurance or PMI is an added insurance policy for homeowners that protects the lender if you are unable to pay your mortgage.

It is not the same thing as homeowner’s insurance. It’s a monthly fee, rolled into your mortgage payment, that’s required if you make a down payment less than 20%. . . . Once you’ve built equity of 20% in your home, you can cancel your PMI and remove that expense from your monthly payment.”

As mentioned earlier, if you put down less than 20% when buying a home, your lender will see your loan as having more risk. PMI helps them recover their investment in you if you’re unable to pay your loan. This insurance isn’t required if you’re able to put down 20% or more.

Many times, home sellers looking to move up to a larger or more expensive home are able to take the equity they earn from the sale of their house to put 20% down on their next home. With the equity homeowners have today, it creates a great opportunity to put those savings toward a larger down payment on a new home.

If you’re looking to buy a home, consider the benefits of 20% down versus a smaller down payment. Lean on a professional for expert advice to help make your homeownership goals a reality.

Dec. 15, 2021

6 Pet Lover's Tip in Buying a New House

Do you have a pet and planning to buy a new house

Well, if you have dogs, cats, or other pets in your family, keep in mind that you also have to consider needs when you’re looking to buy a house. Your fur babies might seem easygoing, but certain homes, and neighborhoods, are more pet-friendly than others.

Here are six questions to ask yourself or the seller before choosing a new home to make sure that you and your pets can live peacefully. 

1. Are there any local pet laws?

Owning a property in a neighborhood is not a guarantee that your pets will be welcome there. Depending on the number and the breed, there can be restrictions within a Homeowners Association (HOA), condo rules and regulations, and/or the city or state law. Make sure to coordinate before closing any deal.

2. Are the yard and fencing pet-friendly?

Is there a fence? Is it safe for your pets? Is it too low and they can easily go out? If there is none, can you build one for your pets? Again, check and communicate.

3. Is the neighborhood good for pets to roam?

If you like walking with your dog every morning, find a safe place and the dog will be happy to walk. Always consider the location, is it close to the park? Do you need to walk and pass by a busy road? Is it nearby a green space where wild predators can be dangerous for your pets?

4. Does the house have pet-friendly floors?

Our pets like lying on the floor, so make sure it will not create any issue for you and your pets. An expert recommends solid hardwood since it can be refinished when it’s scratched. If you're going to put in new flooring, consider reclaimed or distressed wood, where the scratches will just add to the character. Poured concrete, tile, luxury vinyl, and laminate are some other good flooring options.

And say no to carpet because cats will just claw it and carpets trap stains, fur, and pet smells.

5. Does the house have a pet-friendly floor plan?

If you have a large dog or several dogs or pets, consider the size and the layout of the house. Is it big enough to accommodate your pets? Will they be comfortable?

6. Is the stairs pet-friendly?

If you're looking to get a multi-level home, make sure the stairs are safe with your pets. I bet you don't want to create any hazards for them.

Always remember that pets are also part of the family. Taking their needs into account will be both a smart and kind move. Send us a message to find the best neighborhood for you and your pets. 

 

Dec. 8, 2021

3 Tips for Single Homebuyers

Are you dreaming of having your own home but are a little bit hesitant because you're just on your own, well don't be. By careful planning and with the help of experts you will definitely achieve your dream home.

According to research from Freddie Mac, 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the number of sole-person households has nearly doubled, and that’s a trend that’s expected to continue. 

“Our calculation suggests that there will be an additional 5 million sole-person households in the United States by the next decade. This means 42% of the household growth will be contributed by sole-person households, . . .”

If you fall into this category, here are three tips to help you achieve your homeownership goals.

1. Know Your Credit Score

When you buy a home on your own, you have to qualify for your loan based solely on your own finances and credit history. Investopedia says:

“. . . lenders will be looking at just one credit profile: yours. Needless to say, it has to be in great shape. It is always a good idea to review your credit report beforehand, and this is especially true of solo buyers.”

It's important to know your score so you know your status. If you are uncertain about your standing or if you need to improve it, connect with an expert for advice on your situation.

2. Check Your Down Payment Options

There are different down payment programs you can choose from. Check the options so that you know how much do you need to buy a home

In this step, lean on the pros to determine what you’re eligible for and what’s right for you. Again an expert will be able to guide you regarding this.

3. Think About Your Future Home and Your Needs

Spend some time thinking about what you want. What type of home do you picture yourself in? Do you need it close to your workplace? Do you need a dedicated home office? Do you want to have a garden? A condo? 

If you are undecided, a professional can help you balance what you want and how much you should spend on your monthly housing costs to determine what type of home is right for you.

Buying a home on your doesn't have to be challenging. Always remember that there are experts who can help you every step of the way, you just have to look for that right home buying team.

Our team of experts will be happy to guide you. Just send us a message

 

Dec. 1, 2021

6 Storage Ideas to Hide Your Clutter

Ever wonder why clutter is always coming back even if you disposed of much of your unused stuff? Well, guess what, you didn't let go of most of them.  All those things with sentimental values and those that are essential to the household might be the culprit of the clutter. 

Check these clever solutions that turn everyday items and locations into sneaky storage spots right under your nose.

1. Pegboard For Your Pots and Pans 

The kitchen might be the center of all these clutters. Using vertical storage is the most ideal way to organize your kitchen

Pegboard for your pots and pans can be both functional and beautiful.

2. Bed Storage

Your bed takes up prime real estate in your home. And for all but eight hours of the day, it doesn't serve much of a purpose. Why not put that space to work? Beds with built-in drawers are convenient for in-season clothing, while lift-up mattresses like this Ikea model offer a box-spring-size storage area for items you don't reach for every day.

3. Curate Your Clutter

Sometimes the difference between "clutter" and "collection" is all in the presentation. Your collections are your treasures so treat them right. Arrange them artistically instead of just scattering them around your house.

4. Capitalize on Crevices 

That 6-inch space between your refrigerator and the wall can either be a destination for dust bunnies or the answer to your small-kitchen storage. 

5. Conceal an Eyesore, Create Storage

There are home essentials that are an eyesore. However, you can't just remove and throw them, because again, they are essential. For example the garden hose,  you can use wooden cabinets to hide. The cabinet makes it much more enjoyable to entertain in the surrounding garden area, with cleaning supplies close at hand yet out of sight.

6. Make a Mobile Yard Work Station

It's a condition that can afflict even the most organized garage: Little by little, all those yard and garden tools find their way onto workbenches and the floor, crowding out cars and humans alike. A mobile workstation will be easier to push and pull anywhere, hence all the tools will be back nicely to their storage right away.

Got more tips in concealing all those home clutters? Share it in the comments section. 

Also if you have questions regarding home staging, buying or selling your property or any real estate-related question just send us a message and our team of experts will be happy to help. 

 

 

Posted in Home Improvement, Tips