Here is a graph displaying the average number of closed sales per month for the past 4 years [February 1st, 2007 through January 31st, 2011] in Naples, per our local *Sunshine Multiple Listing System. Since this graph indicates closed sales it is interesting to note the peaks which occur each year shortly after our winter season. The number of listings that sold peaked at over 400 closed sales per month
Read MoreChip & I have been working non-stop since the first week of January. This is the time of year when we make hay because the sun is shining---and it's not shining in other parts of the country, which is pretty obvious by the number of leads we are fielding each day from the snowy north. Inquiries are up across the board. The flurries fall and the phone starts to ring!
Read MoreSeason is here! There is no denying it. The "out of state plates" are cruising along the Naples streets...in addition to more street traffic, our Internet traffic is up substantially...Rental inquiries: UP! ...Buyer inquires: UP!...Showings on listings: UP!...Offers on listings: UP!...Pending sales: UP! (click on chart below to enlarge which tracks pendings for the past 4 years). PENDINGS are always the best barometer for determining the current real estate climate.
Read MoreIs it possible that I am calculating the August real estate sales data? --Hard to believe it is already the 1st of September. Holiday decorations are already adorning the stores...kids are back in school...football pre-season has begun...We're working on our 2011 business plan and marketing budget! Where has 2010 gone? Never mind that...where did the entire decade go? Typically, this is the quietest time of year in Naples--August figures reflect that. Pendings are down approximately
Read MoreI thought this was interesting enough to share....384 real estate markets across the United States are being tracked by CNNmoney.com. Check out the predictions for your city/area by clicking on this LINK. For detailed information about Naples Real Estate please call me or my partner, Chip Harris today! 239-370-0574 Thanks and make it a great day!
Read MoreThe headline reads, "Economists: Slow recovery on tap", but when you read further, much of today's front page article in USA Today is much more promising than not...Although 63% of the economists say the recovery is slow and gradual, Two-thirds say existing home sales have hit bottom! Bill Cheney, chief economist at MFC Global Investment said that since both the housing and car markets fell so sharply, both have the
Read MoreI've written a lot of posts about the size of the net that Coldwell Banker casts to ensure our listings are exposed to the most prospective buyers around the world...Just this week at The Tech Tour that I attended in Estero I learned that Harris Peppe Wells listings are posted on over 350 websites. I can't imagine any other brand with that kind of dominance on the Internet! Chip &
Read MorePending home sales are at their highest point since 2005! It has always been my contention that the best barometer to judge the "temperature" of the market is by studying pending sales. In a report recently released by the Naples Area Board of Realtors, January 2009 showed the highest number of sales pending since 2005. This is a key indicator of buyer activity. The first quarter of 2009 came and
Read MoreThings really picked up the first week of November. Showings are up, sign calls are up, Internet leads are up...even morale is up. I thought I'd share a few more stats with those readers who have called and asked questions about specific neighborhoods and the market in general. In the first week of November 2007 the local multiple listing system reported 98 residential properties going under contract (also known as
Read MoreOctober, which is typically a big listing month, saw a 7% decrease in listings taken when compared to last October. New listings this year totaled 1,696, in October 2007 new listings totaled 1,818. This information is based on data derived from the Naples Multiple Listing System known as SunshineMLS, and only Residential listings in Naples were used for the results. The really good news is our "Pending" sales were way
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