As recently reported in the Naples Area Board of REALTORS® real estate activity update, the overall inventory of homes in Naples has increased 37.3 percent in September 2024 to 4,288 properties for sale from 3,123 properties in September 2023, which benefits home buyers. According to the September 2024 Market Report, which tracks home listings and sales within Collier County (excluding Marco Island), the rise in inventory was met with increased
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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
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%
Read MoreEveryday people ask, "What's going on in the Naples Real Estate market"? This isn't a 'one size fits all' question. As always, each market segment, both geographically as well as price-point has its own set of rules and trends. Earlier today I was showing condos along the beach. When they didn't like anything I had selected for them, they let me know they'd be patient and would wait for a short
Read MoreAnyone who has ever gone away on vacation can attest to the "Law of Murphy" which states something along the line of ..."just book a vacation then see how busy you get a few days before leaving"...Imagine if we all worked at that level of production all the time, think of how much we would all get accomplished! That is exactly how I feel I've been working lately...like there's some kind of crazy feeding frenzy going on! All
Read MoreMARTIN"S COOLING & HEATING, Inc. It is my absolute pleasure to recommend Martin's Cooling and Heating, Inc. We recently hired them to do service work at our own personal residence. All the employees were hard working, personable and skilled. We have hired them many times before, and have referred them to many of our Naples customers over the years. They always do a fabulous job. They are reliable, and set
Read MoreI don't know about you, but I am amazed that it is almost May? I don't know where the season has gone! We have been so busy...between work and kids and grandkids and volunteering and the day-in and day-out routines that somewhere along the way February and March slipped into April without any warning and I now find myself scheduling summer activities...Being a real estate agent in Naples Florida, we
Read MoreWhat's happening in Old Naples? When you open a map of Collier County, and realize that a lot of it even spills over to the reverse side of the map, you can visualize the size of our county. It is the largest county, land-wise, east of the Mississippi River! Then when you isolate the streets that typically outline the neighborhood of Old Naples, you really become aware of what a
Read More"Naples Rises From Florida Housing Swamp as Wealthy Buyers Return to Market" At last, there's some really good news being reported in today's Bloomberg Real Estate News. Read the full story here as Dan Levy puts a positive spin on the Naples Real Estate housing market, while other reporters continue with their gloom and doom! I'd like to commend Dan and his editor Kara Wetzel for taking the time to
Read MoreTo buy or not to buy? That is the question. For the past two days I've been fielding a deluge of calls and emails from my clients and customers concerning the recent article published by CNNMoney. Let me try to clarify...Staff writer Les Christie reports that nearly 20% of Florida homes are vacant. He mentions clearly in the second sentence of his article that he got his information from the
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