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Weekly Bundled Golf Communities Report
Trivia:
The recent housing report showed a 27% decrease in house resale nationally. Two parts.
- Was this unit based or $ volume based? 1 dozen golf balls to the first winner
- Based on these facts, why am I so busy? No prize on this one
Winners and losers for the week.
Forest Glen is beginning to digest the inventory as they reinvent themselves as Bundled Golf for the more accomplished golfers.
Cedar Hammock is seeing a rise in inventory, due mostly to the steady increase in list price as well as selling price. This will be auto leveling. I guess there are golf scrambles at all courses for the weekend.
| BUNDLED GOLF REPORT AUGUST 29,2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 37 | 1 | 4 | 0 | 0 |
| Forest Glen | 51 | 1 | 2 | 0 | 0 |
| Heritage Bay | 22 | 1 | 4 | 0 | 0 |
| Naples Heritage | 27 | 0 | 0 | 0 | 0 |
| Naples Lake | 51 | 1 | 2 | 2 | 0 |
| Vanderbilt C C | 30 | 0 | 1 | 2 | 0 |
| TOTAL | 218 | 4 | 13 | 4 | 0 |
MLS of Naples
Bundled Golf Communities Report, Naples FL
Trivia for this week. 2 correct answers required.
- HOW MANY VACATION DAYS WERE TAKEN BY G.W. BUSH?
- WHICH MODERN DAY PRESIDENT TOOK THE LEAST NUMBER OF VACATION DAYS?
The folks who are here mostly year ’round are starting to come back from the familial visits and reunions, The 8 monthers will be starting to trickle by for Labor Day. Interest rates are down, as are prices. It is a wonderful time to buy here in Naples. That is of course a double edged sword!
Bundled Golf Communities Active Report
| BUNDLED GOLF REPORT AUGUST 22,2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 33 | 0 | 3 | 2 | 1 |
| Forest Glen | 54 | 1 | 3 | 1 | 0 |
| Heritage Bay | 22 | 1 | 1 | 1 | 0 |
| Naples Heritage | 27 | 1 | 0 | 1 | 0 |
| Naples Lakes | 53 | 0 | 0 | 4 | 0 |
| Vanderbilt C C | 29 | 1 | 1 | 2 | 0 |
| TOTAL | 218 | 4 | 8 | 11 | 1 |
MLS of Naples
Bundled Golf Communities, Naples FL
This is week 33 for 2010. Time just keeps marching on, doesn’t it?
Trivia question: Which of these courses has the most play?
Prize for the first correct answer, one sleeve of Monogrammed Nike Ignite Golf Balls (Bear Logo)
Bundled Golf Communities Active Listings
Bundled Equity Quarterly Report
| BUNDLED GOLF REPORT AUGUST 15,2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 30 | 0 | 2 | 2 | 0 |
| Forest Glen | 52 | 0 | 1 | 1 | 0 |
| Heritage Bay | 21 | 3 | 2 | 0 | 0 |
| Naples Heritage | 28 | -1 | 1 | 1 | 0 |
| Naples Lake | 54 | 0 | 0 | 3 | 0 |
| Vanderbilt C C | 30 | 0 | 0 | 0 | 0 |
| TOTAL | 215 | 2 | 6 | 3 | 0 |
MLS of Naples
Bundled Golf in Naples FL- Babcock Pistol and Rifle Range
Our golf courses are being groomed and readied for the beginning of another season, traffic appears to have increased at Costco (people starting to trickle back from summer trips?). Sales are steady at a very moderate rate, dictated by lower prices. Inventory is static, except at Naples Lakes, which seems to be creeping slowly upwards.
Of trivial interest. A number of my readers are trying to get a mid week outing to Babcock Ranch to use the pistol and rifle range, and have asked me to conduct a straw poll, the idea is to get a caravan together and make a day of it. Let me know if you might be interested.
Bundled Equity Quarterly Golf Report
| BUNDLED GOLF REPORT AUGUST 8,2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 28 | 0 | 0 | 1 | 0 |
| Forest Glen | 51 | 0 | 1 | 0 | 1 |
| Heritage Bay | 23 | 3 | 0 | 0 | 0 |
| Naples Heritage | 26 | 2 | 1 | 0 | 0 |
| Naples Lake | 56 | 0 | 2 | 2 | 1 |
| Vanderbilt C C | 32 | 0 | 0 | 0 | 1 |
| TOTAL | 216 | 5 | 4 | 3 | 3 |
Please contact me if I can be of any assistance with your real estate needs. Have a great week!
Ron "The Bear" BarakettMLS of Naples
Weekly Update, Bundled Golf Communities Naples FL
The reason I am tardy with this week’s report is a little boy called Andrew Terrebonne from New Orleans. My grandson is from the Nations energy rich Louisiana. He runs on Everready++ batteries. Alas he and the family have left, and I am catching up on some sleep, but also feel the big void created by departing family.
Real Estate has slowed up a bit during the summer. It is still a buyer’s market, however we are reaching a point of selective short inventory. Depending on what floor your lobby is on, we may have reached a bottomed. Condos at $150,000, incremental increases for size, density (Carriage vs. Condo, Coach vs. Carriage). Your lobby is where on the pricing curve you are. Selling a condo at $175,000 (base unit first floor) means you are under downward pressure. That being said, here is the summary for the week.
| BUNDLED GOLF REPORT AUGUST 2,2010 | |||||
| ACTIVE | SALES | NEW | REDUCED | CLOSINGS | |
| Cedar Hammock | 27 | 0 | 1 | 0 | 0 |
| Forest Glen | 51 | 0 | 1 | 0 | 0 |
| Heritage Bay | 23 | 1 | 0 | 0 | 0 |
| Naples Heritage | 27 | -1 | 1 | 0 | 0 |
| Naples Lake | 54 | 0 | 0 | 1 | 1 |
| Vanderbilt C C | 32 | 1 | 1 | 0 | 0 |
| TOTAL | 214 | 1 | 4 | 1 | 1 |
MLS of Naples
Bundled Golf Communities Weekly Update, Naples FL
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 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 |
MLS of Naples
Bundled Golf Courses, Naples FL Weekly Update
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 |
MLS of Naples
Bundled Golf Weekly Updates for Cedar Hammock, Forest Glen, Heritage Bay, Naples Heritage, Naples Lakes & Vanderbilt Country Club
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 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 |
MLS of Naples
Weekly Sales Report and Commentary by Ron Barakett
| 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 |
MLS of Naples
Bundled Golf for the Week, Plus Other Newsworthy Items
Last week was the first missed report in 3 years, thanks to a Canadian flu bug. I was away for a week, and came across some food for thought.
There is more to using the English language than just words it is the underlying culture. DO NOT PRESS #1 for English. Canada has chosen to be a mosaic; the USA has always been a Melting Pot. There is a direct parallel to the immigration debate in Arizona. Read on Quebec separatists.
Inventory seems to be building again in Forest Glen and Naples Lakes, which will put additional pressure downwards on pricing. The rest of the communities have stayed right at par, the basic units 2 bedroom 2 bathroom condominiums right at $150,000, with premiums for dens, ends, and upper floors.
Bundled Equity Quarterly Report
|
BUNDLED GOLF REPORT JUNE 21, 2010 |
|||||
|
ACTIVE |
SALES |
NEW |
REDUCED |
CLOSINGS |
|
|
28 |
2 |
1 |
1 |
0 |
|
|
59 |
1 |
2 |
1 |
2 |
|
|
15 |
1 |
3 |
1 |
0 |
|
|
29 |
0 |
1 |
3 |
0 |
|
|
53 |
0 |
1 |
2 |
0 |
|
|
32 |
0 |
1 |
2 |
1 |
|
| Vanderbilt CC Changes | |||||
|
TOTAL |
216 |
4 |
9 |
10 |
3 |
MLS of Naples




Naples, FL