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Ever since Britain’s surprise vote to leave the European Union, U.S. homebuyers and homeowners have been reaping an expected benefit- quickly dropping mortgage rates. The cost of the average fixed-rate mortgage is hitting its lowest point in more than three years- and economists expect them to head even lower. On Monday, June 27, the 30-year […]
Activity in the real estate marketplace for the month of May continued to follow a self-correcting path with areas of impressive growth and opportunity, according to the May 2016 MLS Market Report release by the Naples Area Board of REALTORS. iT HIGHLIGHTED INCREASING CONSUMER CONFIDENCE AS SELLERS RETURNED TO THE MARKET, RESULTING IN A 37% […]
APRIL SALES DROP, INVENTORY RISES, PRICES STABLE April brought a continuation of less sales activity that has marked the Naples area market since the beginning of the so-called Winter Sales Season, according to MLS data just released by the Naples Area Board of Realtors. Including both single-family and condominium listings, the month reveals closed […]
According to 1st quarter MLS housing data released by the Naples Area Board of Realtors, home and condominium prices were 8% higher than one year ago, closed sales fell by 19% and there were 33% more existing homes available for purchase. It should be noted that the major factor affecting the marketplace continues to be […]