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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 […]
Going into the festive season, real estate markets seem to favor sellers more this year as more city buyers continue to flock to Southwest Florida. Despite the pandemic’s subsequent ravaging waves, this local housing market records highs of up to 75 daily new buyers. Since house hunting is no longer following conventional real estate rules, […]
The Naples real estate saw a 35.2% rise in total closed sales from 812 in August 2019 to 1,098 closed sales in August 2020. The Naples Area Board of Realtors (NABOR) August housing report highlights that this consistent momentum in closed sales results from Naples’ growing home-buying activities throughout summer this year. Broker analysts attribute […]