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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 […]
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 […]
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 […]
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 […]
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 […]
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