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 driven more by repeat buyers with dual incomes. The survey also found that nearly 90% […]

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 from 2,128 in October 2014 to 2,210 this past October. My observations also reveal a […]

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 during the last Recession. The steepest rent hikes have happened in Cape Coral/Fort Myers, Florida, […]


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