Record-low mortgage rates and extreme inventory shortages have been the main drives sustaining the high demand for housing experienced throughout the U.S. throughout the pandemic period. Despite the Naples housing market being exceptionally resilient during this period, affordability continues to be a big concern. The low mortgage rates helped increase savings, strengthen job markets, and make...

Housing markets throughout the nation have remained hot since 2020, mainly due to the effects of the Coronavirus pandemic. Demand essentially exceeded supply, resulting in a hyper-competitive housing market in Naples with more than half of properties selling above list price. How fast homes sold and price appreciated staggered a bit, as significant savings and low mortgage rates supercharged basic housing...

Real estate markets in Southwest Florida have particularly been strong throughout the year. Home price values continue to escalateas inventories struggle to catch up with demand. It is in favour of sellers, and many are still getting top dollar. The Naples housing market suffered major setbacks from the pandemic. Still, it was able to quickly bounce back in early summer last year with a continuous...

Many markets across the world are still adapting to the new normal, courtesy of the coronavirus pandemic. Readjustments are inevitable and might take some time, depending on the industry in question. Various housing markets have seen different kinds of shifts for the last year, resulting in record-breaking averages. In Naples, everything happening at the moment often doesn't match what you would expect...

Real estate markets throughout the Sunshine state started the year in high gear. The Florida Realtors January report highlights closed sales, inflated median prices, more pending inventory, and inflamed new pending sales as the main reasons behind the growing momentum. Besides this aggressive trend, other market factors such as record-low interest rates, the ever-rising buyer demand, and a general...

Residential housing markets throughout South Florida are still experiencing steep property price increments. No wonder Naples reportedly reached a record-breaking $52 million property-sale record recently. With several luxury property sales goings for top dollar throughout Southwest Florida, real estate specialists now caution that this might not be a one-off trend moving forward. According to the latest...

According to data from the recently released annual report by the Naples Area Board of Realtors (NABOR), the residential real estate throughout Collier County scooped a whopping $18.2 billion in 2020. Considering that closed volumes increased by a year-over-year turnover of 41% amidst the pandemic, this housing market should continue performing remarkably well through the first half of 2021. Despite the...

The Naples housing market has proven to be exceptionally resilient to the effects of the pandemic. Characterized by low buying negotiation power, shrinking inventories is still one of its marked traits. Home buying increased in July 2020 and resulted in an over 57% spike in pending home sales for that month. According to the Naples Board of Realtors (NABOR), the total closed home sales in July rose by a...

The commercial housing market in SW Florida is more desirable than any other real estate in the country. Real estate data trends in the region suggest that the main contributors to this enviable position include the availability of vast lands for future constructions, lower tax rates for doing business, new road constructions, and a growing population. Commercial real estate market reports predict that...

The approval of COVID-19 vaccines and the announcements of vaccination dates throughout Southwest Florida are signs that the local housing market will make a return this year. This recovery is expected to spark the local economy by deleting some of the pandemic's effects. Both home sales and prices escalated at a very torrid pace in the last quarter of 2020 throughout Southwest Florida. Demand here has...