Building your own home is a huge undertaking with many costs along the way. To make sure they can meet these expenses in a timely fashion, many homeowners turn to construction loans. These short-term, variable-rate loans are priced at short-term interest rates. Your lender pays the builder on a prearranged schedule as your home is… [Read More]
Archives for February 2020
What do Buyers Want?
What Buyers Want – Do You Agree? I was browsing through a popular mortgage blog a couple days ago and this captured my attention: A recent study conducted by Porch.com revealed the top features buyers across several generations listed as being very important in their home search. Among the top 10 were finished basements,… [Read More]
January 2020 Market Statistics
Inventory in January 2020 had a 26% decrease to 5,761 properties as compared to 7,773 properties in January 2019. Yet overall closed sales has many broker analysts optimistic that continued strong sales activity can be expected through the first quarter. Collier County gained 360 more listings in January 2020 than what was available in December… [Read More]
December 2019 and Year End Market Statistics
According to the Year End Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales here in Collier County (excluding Marco Island), existing home sales through December 2019 are the highest in a decade. Closed sales in 2019 increased 5.6% overall as compared to 2018. The only other… [Read More]