Archive for July, 2010

Jul
27

Bundled Golf Communities Weekly Update, Naples FL

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No one got the answer on sprinkler heads. There are 14,000 not counting the ones on the golf course. As for the course that robbed us of the most balls, I am waiting for clarification from the owner of Golf Balls Galore on J & C Boulevard, where ( a plug for Larry, the owner) you have access to the finest selection of new and PRE LOVED golf balls in the area. www.GolfBallsGalore.com

I am waiting for a creative bolt of lightning to formulate the next trivia question, so on to business. Heritage Bay will be sold out in 24 months, and as of right now, there are no planned Bundled Golf Courses on the drawing boards. There is no entitled land that will come together at the right density…………..that means that we who own will have a scarce resource down the road.. Summer business has been very slow, and it is all about price at the moment.

Bundled Equity Quarterly Golf Report

Bundled Golf Actives

BUNDLED GOLF REPORT JULY 26,2010
ACTIVE SALES NEW REDUCED CLOSINGS
Cedar Hammock 27 0 0 1 1
Forest Glen 52 2 1 2 0
Heritage Bay 18 -1 0 0 0
Naples Heritage 27 0 3 0 0
Naples Lake 52 0 0 2 0
Vanderbilt C C 32 0 2 0 0
TOTAL 208 1 6 5 1
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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Jul
19

Bundled Golf Courses, Naples FL Weekly Update

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RESULTS Trivia Question last week…….How many sprinkler heads in a bundled community, not counting the ones on the golf course. Nobody was within 3000 of the average. Carry over, golf for 4 (IN SEASON AT HERITAGE BAY)

THIS WEEK’S TRIVIA QUESTION:
At which of the 6 Featured Golf Courses, do the divers (snorkel) pick up the most number of balls? CEDAR HAMMOCK, FOREST GLEN, HERITAGE BAY, NAPLES HERITAGE, NAPLES LAKES, OR VANDERBILT COUNTRY CLUB. This is good for another set of golf for 4. First correct answer, one winner for the week.

Bundled Equity Quarterly Report

BUNDLED GOLF REPORT JULY 20,2010
ACTIVE SALES NEW REDUCED CLOSINGS
Cedar Hammock 28 0 0 1 0
Forest Glen 53 0 0 2 0
Heritage Bay 17 1 0 0 0
Naples Heritage 27 1 1 3 1
Naples Lake 51 1 1 1 0
Vanderbilt C C 32 0 1 2 0
TOTAL 208 3 3 8 1
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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Jul
14

Bundled Golf Weekly Updates for Cedar Hammock, Forest Glen, Heritage Bay, Naples Heritage, Naples Lakes & Vanderbilt Country Club

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State of the golf course communities: These 6 are all very healthy financially, especially when compared to the “private course”. The financial responsibility is shared among the 800 shareholders.

Trivia question. HOW many sprinkler heads does the average bundled golf course have (CLUE IT IS IN THE THOUSANDS). First response within 500 heads gets a round of golf at Heritage Bay (winter time!! for 4 players)

Bundled Golf Active’s Report

BUNDLED GOLF REPORT JULY 13, 2010
ACTIVE SALES NEW REDUCED CLOSINGS
Cedar Hammock 28 0 0 0 0
Forest Glen 53 2 2 3 0
Heritage Bay 21 0 2 0 1
Naples Heritage 26 1 0 3 0
Naples Lake 52 1 1 1 2
Vanderbilt C C 31 -1 0 0 0
TOTAL 211 3 5 8 1
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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Jul
07

Weekly Sales Report and Commentary by Ron Barakett

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Buying a house is still a very bad deal at the upper range of the neighborhood you might be considering, but it does make sense to buy at the relatively bottom end within the community where prices have already fallen into line with salaries and rents. Check whether you should rent or buy in your own area with this NY Times Calculator.
 
Annual Rent / (divided) by Price ) >than 6 times. Example 2 Bedroom 2 Bath condo at 150,000.00 X 6%=$9,000.00 That confirms that these are priced correctly. I thought that was very interesting.
 
BUNDLED GOLF REPORT JULY 6, 2010      
  ACTIVE SALES NEW REDUCED CLOSINGS
           
Cedar Hammock 29 1 1 0 0
           
Forest Glen 56 0 0 3 1
           
Heritage Bay 18 2 3 0 0
           
Naples Heritage 28 1 2 1 0
           
Naples Lake 52 1 2 2 2
           
Vanderbilt C C 31 0 1 2 1
           
TOTAL 214 5 9 8 4
           
Ron "The Bear" Barakett

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Ron@AskTheBear.com

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