Naples FL April 2022 Real Estate Market Report The April 2022 Naples Area Market Report has been published and there is some interesting data to share. According to the Naples Area Board of Realtors, the broker analysts which track home listings and sales in Collier County [excluding Marco Island], believe our market has reached a “crossroads” and is making a turn towards a more balanced housing market. A major factor
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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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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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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
Read MoreI 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
Read MoreHere 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 else misses a handshake? We are all talking about how much we miss hugging; but I miss handshakes. Years ago, I attended a class, the instructor was *Steve Oniki, and he shared his view on the importance of a handshake in doing business. My dad taught me, as a young girl, to give a good handshake. “Firm, but don’t break their hand, look them in the eyes, and let
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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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Executive Order 20-112 Phase I of Reopening Florida Guidance: Effective May 4th, 2010 at 12:01 am. All persons in Florida shall continue to limit their personal interactions outside of the home, avoid congregating in large groups, limit all non-essential travel and use all "universal precautions" as recommended by the CDC. Senior citizens and individuals with a significant underlying medical condition are strongly encouraged to #STAYHOME and take all measures to
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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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