Michael Timmerman
@mtimmerman1Chief Market Intelligence Officer, Residential Community Club data geek, dad, sports car racing enthusiast, wannabe golfer #HousingAnalyst #EconomicConsultant
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@JeffreyOtteau
@AppraiserActive
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Elon Musk and Donald Trump are both billionaires who don't need to work... But they are choosing to work to make this world a better place.
Happy Birthday! Thank you for everything you do!
Happy Birthday to my amazing, beautiful, and talented wife @ErikaDonalds! From college, to parenthood, to politics and beyond- there’s simply no one else I’d rather do life with. I’m extremely blessed to be by your side. I love you!
It's interesting to note that a significant percentage of homeowners have a mortgage rate below 4%. This can be a major disincentive to sell, as it limits the inventory available and keeps pricing high. As a result, many homeowners have decided to rent ou…lnkd.in/eASr29PK
Hurricane Ian devastated Ft. Myers Beach, and it will take years to return to an economically viable community. Recently I drove through the Island to see that virtually ALL 5,566 condominiums are uninhabitable and under repair by many contractors and ins…lnkd.in/eypmg-2K
Life lessons from Steve Jobs. We should all take these words to heart and live life to its fullest. lnkd.in/eM5h862t
Residential housing volume in Southwest Florida was slower than last season. However, pricing continued to increase. The rates of change for sales in the 1st quarter of 2023 have fallen to a more sustainable 3% to 5% YoY. The market dashboards below show…lnkd.in/ey5TGKtp
2022 was a year of transition for Southwest Florida residential real estate. Sales volumes decreased as inventory increased, leading to a more balanced market. Median Pricing continued to increase in 2022, albeit at a slower rate than noted in 2020 and 20…lnkd.in/enH9tNBC
The Case Shiller Home Price Index showed an 8.6% YoY change on Tuesday. This index is based on a repeat sales methodology which, in theory, shows the changes in home pricing over time, assuming no major changes to the improvements. In SW Florida, the stor…lnkd.in/eSVKJp4M
This is a great article that highlights the current sentiment of buyers and sellers in the housing market. One additional factor that impact both is the Master POA annual cost of community management. Over the past five years, the YoY change has ranged fr…lnkd.in/eN8z2PNF
We are beginning to measure Hurricane Ian's impact on SW Florida's residential real estate, especially on the barrier islands. In October 2022, one sale occurred between Sanibel / Captiva Island and Ft Myers Beach. This one sale had a price of $765,000 co…lnkd.in/gZy2v9cu
CLA_Announces a new chapter with the addition of John Schultz, CCM, CCE as the Club Leadership Alliance's new CEO. #privateclubs #golfnews #clubleadershipalliance #cla clubleadershipalliance.com/john-schultz-j…
With 40% of builders reporting an increase in cancellations month-over-month, our follow up question was: can you still resell these homes at a higher price than the original contract? 46% said yes, 11% said no, and 43% said for the most part
Political attacks on me will escalate dramatically in coming months
When club boards are not aligned and their true purpose is unclear, they tend to gravitate to inconsistent, tactical actions and they risk falling prey to personal agendas. Board Orientations: The Formula for Effective Governance hubs.ly/H0WtJ2j0
We see signs of stabilization for clubs around the country after significant declines starting in April. The non-dues revenue trends mirror those we are seeing real estate sales around the country. Read more in our COVID-19 club update. twitter.com/ClubBenchmark/…
COVID-19 Update: Club Industry Shows Signs of Recovery hubs.ly/H0wk4Cm0
Belonging to a club provides a lifestyle that anyone can enjoy. Living in a golf community vs. out is a personal preference, but both offer assurances that members' safety, security, and enjoyment are a top priority. nytimes.com/2020/09/11/rea…
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