We’re off to a great start in the Naples housing market for 2023!! There are 384 new listings in our MLS in the past week. This showcases that our inventory is growing. It’s important to be aware of the insurance needs specific to a Florida home. The first point is to review your insurance coverage… [Read More]
Multiple Offer Home Buying
Is This Your Situation: I’m a Home Buyer/Seller Navigating Multiple Offers When you are searching for a home in a seller’s market, the seller holds all of the chips. There are usually not many other options, as inventory is very tight. Thus, every interested buyer in your area is looking at the same small… [Read More]
Buying A Home Sight Unseen
Is This Your Situation: Considering Buying a Home Sight-Unseen? It may sound like a huge risk to invest thousands of dollars in a home that you haven’t seen yet, but many buyers from out of state or overseas purchase homes sight-unseen. If you are looking to relocate, invest or simply want to jump on… [Read More]
February Market Report
Overall Closed Sales of homes in Collier County of existing homes increased 62% to 1,307 up from 807 Closed Sales in February 2020. Analysts were not surprised, Buyers were getting under contract on homes almost as soon as they became Active onto the market. Inventory fee 68.8% to 2,224 in February 2021 as compared to… [Read More]
January 2021 Market Report
January was a bang of a beginning for the real estate market in Naples with a 38.5% increase in overall Pending Sales at 2,210 up from 1,359 from the previous year. Closed Sales in the month increased 49.7% to 1,109 from 741 in January 2020, with only 2.6 months of real estate inventory available by… [Read More]
December 2020 Market Report
Pending home sales in the Naples area jumped 88.6% to 1,535 Pending Sales from 814 in December 2019. There was a 65% increase in showings during December which averaged out to 10 showings per listing. Inventory is still very low, not meeting Buyer demand. Available homes decreased 49.1% to 3,140 homes as compared to 6,163… [Read More]
November 2020 Market Report
Strong demand is creating increases in close prices of homes here in Naples. There are multiple factors driving this: Buyers coming from out of state, Buyers locally taking advantage of low interest rates and upgrading their homes. Closed sales for the overall market increased 58.8% as compared to November 2019. There were 36,508 showings for… [Read More]
October 2020 Market Report
Buyers looking to get a jump on the Naples winter season are seeing that the reduced inventory, increase in multiple bids and the number of Closed Sales showcase the strong demand for homes in Naples. Close Sales increased 65.2% in October 2020 as compared to October 2019. Overall market inventory decreased 33.8%, Pending Sales increased… [Read More]
September 2020 Market Report
Naples Realtors were very busy in September 2020. Closed Sales increased 52.9% to 1,096 Closed Sales compared to 717 Closed Sales in September 2019. This is a departure from the normal seasonality of the Naples real estate market. September is usually a quiet month for Realtors. “I believe that the pandemic pushed some people to… [Read More]
August 2020 Market Report
August home sales continued to surge upwards in our Naples market. This summer’s Closed Sales have eclipsed the ‘season’ Closed Sales numbers. There was a 35.2% increase in overall Closed Sales, with Buyers preference for single family homes tilting the scales with an increase in 76.4%. “Increased Buyer demand is helping to move some of… [Read More]
July 2020 Market Report
The Naples real estate market continued full steam ahead during the month of July. Pending Sales increased 57.3% when compared to July 2019. The demand for homes, especially single family homes, has surged due to buyers seeking to leave the colder more densely populated areas of the county for the wonderful, low density, coastal lifestyle… [Read More]
June 2020 Market Report
The Naples real estate market shows its strength once again in the June 2020 activity. Pending Sales of single family homes increased 89% to 835 Pending Sales as compared to 454 Pending Sales in June 2019. Pending Sales of condominiums increased 38.7% to 634 compared to 457 in June 2019. While the pandemic did cause… [Read More]
May 2020 Naples Market Report
As Florida entered Phase-2 of the Covid-19 pandemic regulations, pent up demand for home purchases reflected in an increase in showings of 244%. Prices held stable in spite of the Covid-19 impact. The year to date median closed price increase by 2.3%. Inventory decreased 27.2% as compared to May 2019 however there was a 6.5%… [Read More]
April 2020 Naples Market Activity
Covid-19 slowed the real estate market as anticipated during Florida’s stay-at-home orders though real estate was deemed an essential service. Realtors® focused on implementing new strategies to comply with self-distancing practices for the welfare and safety of their staff, clients and the community. Media Closed Sale prices increased .3% in April to $340,000 from $339,000… [Read More]
March 2020 Naples Market Statistics
The Naples real estate market is not immune to the impact the Covid-19 pandemic has wrought in many industries. While home sales dropped, home prices remained steady. The stay-at-home order took effect in the middle of March, which reflects that activity was strong for the first two weeks of the month, while the second half… [Read More]
February 2020 Naples Market Statistics
The Naples market continues to be strong with an increase of 29% to 789 Closed Sales as compared to February 2019. Though this month began with the recommendations to practice self distancing, the housing market continues to show the desirability of a home in Naples, FL. Many Realtors® are working from home and using ‘virtual’… [Read More]
These Loans Help You Buy A Home Before You Sell The One You Have
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]
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]
Looking for the Best Home in Your Budget
You’re neither rich nor poor, and you’re ready to buy your first home. You look around—all those homes on the market, but they all seem priced out of reach. Cheer up. You’re not alone. With some solid real estate counseling and some help from your lender and/or sellers and others, you can not only get… [Read More]
November 2019 Market Statistics
November 2019 saw an increase of 27% in the pending sales (homes under contract) and a 46% increase in the number of showing of active properties as compared to November 2018. This reflects in more buyers coming to town, experiencing our beaches, our restaurants and events and deciding to purchase before the traditional high season… [Read More]
October 2019 Market Statistics
Real Estate activity began to rise in October with a significant 23.7% increase in overall pending sales. This brought the total to 987 homes under contract in 2019 as compared to 798 homes under contract in October 2018. There was a surge in home showings and price reductions slowed. Our own listings saw an increased… [Read More]
How Can I Package My Home to Impress Buyers?
After a full day of house hunting, even the hardiest shopper has difficulty remembering each home they visited. A selling display featuring your property’s benefits is a great way to be sure your home stands out. We’ve used the following marketing strategies to successfully sell many homes. They could work for you to! Creativity Counts… [Read More]
September 2019 Market Statistics
The Naples area market enjoyed a 7% increase in overall closed homes sales for the 3rd month in a row. This suggests that Collier County is becoming less of a seasonal destination for residents and second home buyers. Showings in September 2019 were up 31% as compared to September 2018. This led to a 13.7%… [Read More]
August 2019 Market Statistics
Sales of homes in Collier County increased 7.4% in August 2019 as inventory fell 17.8% to 4,917 properties compared to 5,980 in August 2018. This showcases a six month supply of ‘inventory’ for Collier County. Inventory, traditionally, begins to creep up in September, October and November as many sellers try to get a jump start… [Read More]
July 2019 Market Statistics
The rise in showing activity in June led to an uptick in the closed sales in July, which increased 7.1% to 829 closed sales compared to 774 closed sales in July 2018. Despite a 14.8% decrease in home inventory, the overall median closed prices have not increased, according to the Naples Area Board of Realtors®… [Read More]
Wondering if a Fixer-Upper is a Good Investment
Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in competitive markets and rising in… [Read More]
June 2019 Market Statistics
The June 2019 Market Report released by the Naples Area Board of Realtors® (NABOR®) revealed that 500 potential buyers were shown homes every day in Collier County (excluding Marco Island). Naples was recently voted the number one “boomtown”. While there is still 6.9 months of inventory available in Naples, above the Florida statewide average of… [Read More]
May 2019 Market Statistics
May 2019 real estate figures show that there has been a shift in the market from high-end homes near the beach to homes under $500,000 further east away from the Gulf of Mexico. Closed sales overall in May 2019 numbered 1,165 as compared to 1,061 in May 2018, an increase of 9.8%. Closed sales were… [Read More]
A Newly Empty Nest? 5 Changes Your Kid Free-Home Needs
The house you raised your family in has seen a lot — a lot of love and laughter and maybe a little turmoil. Now that your home is officially kid-free, it is in dire need of some enhancements so you can make a smooth transition from being a full-time parent to having a less hands-on… [Read More]
April 2019 Market Statistics
Closed sales during April in the Naples area increased 12.8% from 1,027 properties in April 2018 to 1.158 properties in April 2019. These reflect strong sales in both the single family and condominium markets. “Sales were up 17% in April over March, and March’s sales were higher than February. I believe we have reason to… [Read More]
Staging Your Home for a Rapid Sale
We’ve all done it. Taking a Sunday to go out and look at homes for sale, checking in to see the latest style trends, how our home stacks up to the competition and checking out how the seller has ‘staged’ or ‘showcased’ the home. Home showcasing is not about remodeling, fixing up or making your… [Read More]
5 Bathroom Makeover Projects Under $500
Is your bathroom a little outdated and in need of a serious makeover? This may be your situation, but you don’t have the time or money to do a complete bathroom remodel right now. Check out these small bathroom renovation projects to get you started if you’re on a budget. Here’s what you can freshen… [Read More]
Are You Making Any of These 5 Organizing Mistakes?
We all want to keep our homes organized. That’s a no-brainer. But many people struggle to keep their home that way. This is because there are some common behaviors that could be making it difficult for you to stay organized. Are you making any of these five home organization mistakes? Not Sorting by Function Lots… [Read More]
March 2019 Market Statistics
The median closed price of homes decreased 5.6% from $360,000 in March 2018 to $340,000 in March 2019. This was due in large part to an increase in the amount of inventory in our area. An increase in the number of closed sales for homes priced under $500,000 occurred during the last year. The overall… [Read More]
February 2019 Market Statistics
The housing market inventory increased 7% in February 2019. 7,442 homes as compared to 6,912 in February 2018. A 4% decrease in the overall median closed price was recorded from 2018 to 2019. $335,000.00 in February 2019 as compared to $350,000.00 in February 2018. Home buyers appear to be carefully evaluating their options as there… [Read More]
Preparing Your Home for a Photo Shoot
Preparing your home for it’s photo shoot is just as important as preparing your family for your annual portrait. It requires just as much work! Here is a simple guideline to get you started. In today’s real estate market the majority of home purchasers begin their search online, often beginning on their smart phones. The… [Read More]
January 2019 Market Statistics
The Real Estate Market in Naples is going strong! Inventory levels increased from 7605 from January 2018 to 8154 homes for sales in January 2019. Buyers are happy to hear that the median price of homes sales increased 1% from January 2018 to January 2019. The stock market falling in December 2018 may have contributed… [Read More]
December 2018 Naples Market Statistics
Naples closed out the 2018 market with impressive statistics in all areas of the market. An 11% increase in total closed sales and a 14% increase in inventory compared to 2017. Prices held steady in 2018 with only a 3% increase in the median closed price. Homes over $1million drove the market in 2018, especially… [Read More]
November 2018 Naples Housing Market
Closed Sales in November increased 12% in homes priced under $1million compared to November 2017. Every price category has increased by double digits. Homes under $300,000 showed the most impressive activity, where Sales increased 30% as compared to 2017. We haven’t seen this level of inventory going into season in six years, according to Jeff… [Read More]
October 2018 Market still strong
Closed sales of homes grew 20%, from 561 in October 2018 to 674 October 2018. The inventory jumped 20% as well to 5,992 homes for sale, the highest October inventory level since 2012…good news for Buyers. Single family home inventory grew by 79% for those priced under $300,000. This jump in inventory reflects the region’s… [Read More]
Strong Third Quarter in 2018
Closed Sales in 3rd quarter 2018 are 229 units over Closed Sales in 2017. The Pending homes are 339 higher than 3rd Quarter 2017. The overall inventory is up by 4% with Pending Sales up by 20%. The Days on Market has been reduced by 1% to an average of 98 days. Closed Sales overall… [Read More]
August Market continues to show Naples Strength in Housing
According to the Naples Area Board of Realtors (NABOR) Closed Sales of properties increased 5% in August 2018 (719 homes compared to 685 in August 2017). Closed Sales in August 2018 experienced a 21% increase specifically in the condominium market, which was the driving force in the August 2018 overall increase. Inventory rose by 2%,… [Read More]
July Naples Housing Market shows strength compared with USA average.
According to the National Association of REALTORS July market report, existing home sales in American decreased for the third straight month as a result of the severe housing shortage that is not releasing its grip on the nation’s housing market. Home sales in the Naples area were up 8% in July. The Naples Area Board… [Read More]
Strong Second Quarter 2018
Closed Sales increased 2% over Second Quarter 2017. In the $2million and above single family home market, Closed Sales rose 25% as compared to Second Quarter 2017! Luxury homes demand will remain high in Naples! The available homes inventory remained constant between 2nd Quarter 2017 and 2nd Quarter 2018, with just 24 homes difference between… [Read More]
MAY 2018 Naples Real Esate Market Activity
May remains a standout month in the market activity in Naples for the second year in a row. Closed sales in May 2018 were 1024 compared to 1027 in May 2017. Properties priced between $300,000 and $500,000 increased 21% over May 2017, while homes priced under $300,000 were one number short of sales in May… [Read More]
Cane Toads in Naples, FL
Also known as Bufo Toads or Giant Toads these critters are a real pest. This is the largest of the frogs and toads found in Florida. The toad is not native to the United States. It was originally released in sugar cane fields to help control “white grub” larvae. It became established in southern Florida… [Read More]
April 2018 Market Statistics
We are looking at a what should be a very strong summer market in 2018. As of April 2018, Collier County enjoyed around 7.75 months of inventory compared to a 4 month supply of inventory nationwide. There will be plenty of choices for summer buyers this year. The growth in inventory has been across all… [Read More]
1st Quarter 2018 Market Report
1st Quarter 2018 shows strong market activity to kick off a strong year. Closed Sales in March ended on an high note. Pending Sales increased 3% to 3177, as compared to 3097 for end of 1st Quarter 2017. As was quoted in the Napes Area Board of Realtors report: “The NABOR® First Quarter 2018 Market… [Read More]
February 2018 Real Estate Market Report
The 2018 Season continues to be strong in Naples! Home Sales overall increased 10% as compared to February 2017. The trend towards a higher overall median price continues as well, this year the median price was $364,000 versus $333,000 in 2017. This was of course due to the increase of closed sales for homes priced… [Read More]
What is a CDD (Community Development District)?
A CDD is a way for a developer to create a new community and pass on the costs of infrastructure, roads, sewers, utility systems to the home buyers. It guarantees to the homebuyers that the infrastructure will be consistently maintained as well as being installed to the highest standard levels throughout the whole community. Generally… [Read More]
Rising Interest Rates – How they affect Buyers
Mortgage interest rates are expected to go up this year. In fact they could go up at least three times if the Federal Reserve raise its short term interest rates. Anytime the mortgage interest rates go up, a group of buyers can no longer afford the home they want. They may be forced to purchase… [Read More]
January 2018 Real Estate Market Report
Home Sales in Collier County rose 11% in January to 671 homes sold from 603 homes sold in January 2017. Luxury homes, priced over $1million, had a 123% increase over the number closed in January 2017. One explanation could be that people were waiting to figure out the meaning behind the new tax laws, and… [Read More]
Beyond the Inspection, what to consider when purchasing a vacation home in Florida
When purchasing a home anywhere it’s important to do an inspection. You need to make sure of the basics; that the home is solidly built, no leaks are occurring or if they have occurred they need to have been remediated by the seller and that the electric systems are working in the home. Upon reading… [Read More]
Resale Vs. New Construction
It’s “Season” here in Naples, FL. Folks from Northern climes (the proverbial Snow Birds) fly down to enjoy the winter season in our Sub Tropical climate. This is traditionally the time when folks selling their home will place it on the market, knowing that the snowbirds will start to think Naples is a beautiful place… [Read More]
2017 Tax Reform Law
Whenever Washington creates a new bill that becomes law, we need to take some time to interpret what are the benefits of that new law. The National Association of REALTORS® has put together a useful summary to help you understand how the new law affects homeowners.. Here are some excerpts directly from that summary about… [Read More]
Naples Real Estate Market Showed Resilience and Strength in 2017
Naples, Fla. (January 19, 2018) – Home sales increased 4 percent in 2017 and the median closed price increased 3 percent, according to the Year End 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The report also showed heightened… [Read More]
November Housing Market Returns to Normal
Naples, Fla. (December 15, 2017) – Home sales in the Naples area increased 3 percent in November year over year, according to the November 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The report also showed heightened activity in… [Read More]
October Housing Market Rebounds After Hurricane Irma
Naples, Fla. (November 17, 2017) – The evidence that a hurricane hit the Naples area in September became less visible in October because residents were quick to address damages to their property and our county and utility service providers worked overtime to get the area back to normal as quickly as possible. The Naples area… [Read More]
Market Shows Resilience at the End of Third Quarter
Naples, Fla. (October 27, 2017) – The Naples area housing market maintained positive traction during the Third Quarter of 2017 despite enduring a hurricane that impeded activity for three weeks in September. According to the September 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which track home listings and sales within… [Read More]
August Home Sales Show Increased Consumer Confidence
Naples, Fla. (September 29, 2017) – August proved to be an outstanding month for the Naples area housing market with more pending and closed sales than last August. Broker analysts reviewing the August 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which track home listings and sales within Collier County (excluding… [Read More]
July Homes Sales Hit the Sweet Spot
Naples, Fla. (August 25, 2017) – REALTORS® in Naples sold more existing homes in July (682) than they did in January (603) or February (613), a statistical reality that busts an old myth that home sales stall in the summer. In fact, overall closed sales in the market’s sweet spot (homes priced between $300,000 and… [Read More]
2nd Quarter 2017 Market Report Shows Homes Sales Activity Hotter than 2Q 2016
Naples, Fla. (July 21, 2017) – Record-breaking rain fall during June did not dampen buyer interest in the Naples housing market as evidenced in the Second Quarter and June 2017 Market Reports released by the Naples Area Board of REALTORS® (NABOR®), which track home listings and sales within Collier County (excluding Marco Island). The 2Q… [Read More]
May Market Report Shines for Naples
Naples, Fla. (June 16, 2017) – Overall closed sales of homes in May shined brighter than any other month previously reported in 2017, with an impressive 23 percent increase to 1,027 closed sales in May 2017 from 838 closed sales in May 2016. Likewise, overall pending sales (homes under contract) also outperformed activity reported in… [Read More]
April Market Report Shows Strong End-Of-Season Activity
Naples, Fla. (May 26, 2017) – Inventory decreased for the second consecutive month and prices continued to remain stable in April, setting into motion a burst in end-of-season sales for homes in the market’s sweet spot – the $300,000 to $500,000 price category. Activity in that price category for both single-family and condominium homes in… [Read More]
NABOR Market Report Posts Solid First Quarter
Naples, Fla. (April 14, 2017) – It was a busy season for REALTORS® working in Naples as evidenced in the First Quarter 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). As predicted by broker analysts at the beginning of… [Read More]
February Market Report Shows More Choices & Better Prices
Naples, Fla. (March 17, 2017) – Overall inventory rose yet prices remained stable in February according to broker analysts who reviewed the February 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island) using the Southwest Florida MLS. Overall pending sales… [Read More]
January Home Sales Strong
Naples, Fla. (February 17, 2017) – The new year rebounded with a strong gust of activity in the Collier County real estate market. Increases in overall pending sales (homes under contract), overall closed sales and overall inventory indicate a strong season ahead. Broker analysts who reviewed the January 2017 Market Report, which tracks home listings… [Read More]
Naples Area Real Estate Inventory Outpaced Sales in 2016
Naples, Fla. (January 20, 2017) – Broker analysts who analyzed the Annual, 4th Quarter and December 2016 Market Reports released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island) concluded that the local real estate market performed well in 2016 despite several unpredictable market… [Read More]
Local Real Estate Brokers Predict Strong Season
Naples, Fla. (December 16, 2016) – Consistent with historic activity in Southwest Florida, pending and closed sales in the greater Naples housing market continue to increase as the winter season approaches. The November 2016 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding… [Read More]
More Buyers Choose Conventional Mortgage Loans to Purchase their Home
Naples, Fla. (November 18, 2016) – Over 44 percent of homes purchased in October used conventional financing methods (e.g., mortgages), according to a report released by the Naples Area Board of REALTORS® (NABOR®) that detailed activity in the greater Naples housing market during October 2016. The October 2016 Market Report, which tracks home listings and… [Read More]
3rd Quarter Prices Hold Steady with Inventory on the Rise
Naples, Fla. (October 20, 2016) – The Naples Area Board of REALTORS® (NABOR®) released its Third Quarter 2016 Market Report, which tracks home listings and sales within Collier County (excluding Marco Island), and it showed overall inventory increased 40 percent with little change in median closed prices. In fact, as reflected in the report, the… [Read More]
Summer Activity Indicates Promising Season
Summer Activity Indicates Promising Season Naples, Fla. (September 16, 2016) – The housing market’s momentum continues to remain strong heading into fall. Upon reviewing the August 2016 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), NABOR® broker analysts cited several… [Read More]
Brokers See a Steady Summer Season
Naples, Fla. (August 19, 2016) – The July 2016 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), showed performance as expected during a traditional summer season. The inventory increase to 4,801 homes is welcome news to homebuyers following record-low inventory… [Read More]
Experts Report 2Q 2016 Real Estate Market Remains Balanced
CATEGORIES 2Q 2016 2Q 2015 CHANGE Total homes under contract (pending sales) 2,541 2,843 -11% Total closed sales 2,662 3,109 -14% Median closed price $325,000 $318,000 2% Total active listings (inventory) 4,983 3,698 35% Average days on market 76 75 1% Single-family closed sales 1,263 1,388 -9% Single-family median closed price $421,000 $399,000 6% Single-family… [Read More]
Buyers Will Find More Homes for Sale this Summer
the NABOR® May 2016 Market Report includes: Overall pending sales in the $300,000 to $500,000 price segment increased 1 percent to 258 in May 2016 from 256 in May 2015. Overall pending sales for single-family homes in the East Naples geographic area (34114, 34117, 34120, 34137) increased 14 percent to 129 in May 2016… [Read More]
April Report Shows Real Estate Market in a Sweet Spot with more Choices & Steady Prices
The NABOR® April 2016 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® April 2016 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: • Overall pending sales decreased 10 percent… [Read More]
First Quarter Inventory is Reason to Smile
The NABOR® First Quarter 2016 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® First Quarter 2016 sales statistics are presented in chart format, including these overall (single-family and condominium) findings: • Overall pending sales decreased… [Read More]
Real Estate Market Post Hurricane Irma
In order to determine Hurricane Irma’s impact on the Naples, FL real estate market, we need to compare the 4th quarter 2016; to the 4th quarter of 2017. Essentially, we have wait for the 4th quarter to be over. In the meantime, we are able to review the pending sales since Irma’s arrival on September… [Read More]
Naples Post Hurricane Irma
Early September 2017 as Hurricane Irma was barreling towards Florida, we were faced with a difficult question. Do we remain here in Naples and ride out the storm, or do we evacuate to points North? In the end we decided to evacuate to Birmingham Alabama. We were welcomed very warmly and had a great experience… [Read More]
The Benefits of Coldwell Banker Online Marketing
Today 92% of home buyers begin their search online or on mobile apps. Coldwell Banker uses strategic digital marketing to provide powerful exposure for your home and help capture the attention of online buyers. Your home will be found on 725 websites reaching 16 million potential buyers worldwide. The inSight report shows a Seller how many… [Read More]
Mortgage Rates for 2017
The election is having a profound effect in the housing market. While the stock market has had a surge, long term US mortgage rates are ticking upward. The interest rate for a 30 year fixed rate mortgage will average 4.2% in 2017. The bond market has been headed in a downward direction. When bond prices… [Read More]