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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 that continuing price increases may be the chief reason for the falling sales. Add higher […]
The national Conference Board Consumer Confidence Index declined in February and appears to be stuck in March. The Index last month was at 92.2, down from 97.8 in January. MLS home closings in Southwest Florida have been weak since the start of the winter “selling season”, and more and more price reductions are being seen […]