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BUYERS BALK AT RISING PROPERTY PRICES

February MLS (Multiple Listing System) report from the Naples Area Board of REALTORS shows a rather dramatic drop in Closed and Pending Sales of both single-family and condominium properties in the Naples area. Upon a closer look, it is evident…

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2015 PROFILE OF HOME BUYERS AND SELLERS

The share of first-time buyers declined for the 3rd consecutive year, to its lowest point in nearly 3 decades according to an Annual Survey released by the National Association of REALTORS (NAR). Overall, home sales strengthened, but the uptick was…

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MORE SINGLE FAMILY HOMES AVAILABLE

Inventory rose 4% in the single-family home resale market during October according to a Market Report issued by the Naples Area Board of REALTORS. Unlike the condominium market, where the overall inventory level dropped 7%, existing single-family home availability rose…

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CAPE AND FORT MYERS RENTALS LEAD NATION

Rent prices have been rising across the country, especially in the South and West according to a report issued by RentRange. The report found the biggest increases actually were in the areas when the housing market was the most depressed…

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FSBO SELLERS’ COSTLY MISTAKE

Half of all homeowners (48%) who decide to sell their own home without Realtor representation believe it will take a little extra work but be worth it because they’ll save money on commissions and closing fees. But research find that…

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HOME LOAN BORROWERS NOT AFFECTED

While The Federal Reserve finally did increase interest rates by a quarter-percent this week, the increase it does not appear to have had much affect in the housing market. Perhaps history will be repeated: In the early 2000s, after the…

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