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Naples Real Estate Update

Posted on April 22, 2022

For the first time in months, we are seeing days where the “new listings” outnumber the “pending” listings…Not every day, and not by much, but it is step in the direction of having a higher overall inventory…Time will tell. Year-over-year, in last month’s report, we saw a decrease in inventory of 72 %. In this market report we see overall inventory down 24 % year-over-year. In my last monthly report,

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Naples Florida Real Estate Update

Posted on March 28, 2022

Naples Real Estate February 2022 Update Comparing housing statistics for the Naples area, February 2022 to February 2021, we find a decrease in inventory of 72%. New listings in February 2022 totaled 1,261 compared to a year ago, 1,467. Additionally, the average days on the market is down from 73 to 23. The Median closed Sale price is up 38% from $400,000 to $550,000 year-over-year. We believe prices are beginning

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Naples Real Estate Update

Posted on February 25, 2022

According to a report, published by the Naples Area Board of Realtors in January, the demand for the Naples Lifestyle “eclipsed all expectations” and contributed to many home-sales records in 2021. The year ended with a 25.8% increase overall in the number of closed sales and over a 20% increase in the median closed sale price, year-over-year, in the Naples market. Here are a few findings worth sharing to help

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Collier County Museums

Posted on June 04, 2021

Do you want to know what I think is one of the best deals in town? Did you know that Collier County Museums offer five diverse locations where you can explore the history of Southwest Florida? Did you know the entrance fee to each museum is FREE?! Yes, free admission, free education programs, free lectures, free exhibits! So whether you are interested in learning more about the past at the

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Market Update

Posted on April 15, 2021

We have heard conflicting stories about a “bubble” bursting in the Florida real estate market...Much of this market is being driven by demand, which we don’t think will stop anytime soon. Florida is seeing an influx of new permanent residents from the NE and Midwest, as usual, but additionally Californians are migrating to the Sunshine State. We've had several sales pend "sight unseen"! Our market is hot and we don't

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Most Frequently Asked Question…

Posted on January 27, 2021

Lately, one of the most frequently asked question I've been receiving from clients who are thinking about selling is, "But if I sell, where am I going to go?" This is a common dilemma in a rising market. On one hand, you want to take advantage of the "Seller's Market", with median closed sale prices up over 18% year-over-year...but, unless you are looking to downsize or relocate somewhere else in

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The Lessons of 2020…?

Posted on December 30, 2020

I have always preferred to look at life's challenges as lessons not obstacles...failures as opportunities to learn. Who else can join me in looking for the bright spots in 2020? There are some...I promise... This crazy year is one we will never forget...we have all been effected one way or another; known many who survived the pandemic, while some did not....Businesses that thrived [think commercial cleaners and face-mask manufacturers] and

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Naples Market Update

Posted on November 24, 2020

Here are some interesting statistics recently published by the Naples Area Board of Realtors. All data is based on overall MLS inventory and compares October 2019 to October 2020: Inventory across the board is down 34% Overall "pendings" increased a record 73% Median closed price is up 17% to $385,000 Overall closed sales for the month increased 65% Days on the Market have decreased 12% to 92 DOM Over 30%

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Who is Ready for Phase 2 ?

Posted on June 05, 2020

Florida Gov. Ron DeSantis said Wednesday that Florida will be moving into a second phase of reopening. The order will take effect today, Friday June 5th. Governor DeSantis made his announcement at Universal Orlando Resort, which opened to passholders on Wednesday and Thursday, and opened to the public today. The phase two reopening does not include Broward, Miami-Dade and Palm Beach counties, which has had the highest concentration of CoVid-19

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According to NAR Sellers Are Not Panicking

Posted on April 26, 2020

As Reported in today’s HomeActions Newsletter: Nearly 3 in 4 Realtors® This Week Report Sellers Haven’t Lowered Listing Prices to Attract Buyers, Suggesting Calmness and "No Panic Selling by Homeowners." WASHINGTON (April 23, 2020) – Nearly 3 in 4 Realtors® currently working with sellers this week – 74% – reported their clients haven’t reduced listing prices to attract buyers, according to a new survey from the National Association of Realtors®.

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