Browsing Posts In: naples real estate

The Southwest Florida housing market closed 2017 with robust results, according to end of year market reports recently released. Real estate sales and overall housing market conditions as a whole are based on many factors. In 2017, the area saw above average employment rates, low inflation, record stock market activity, and increased consumer confidence. Looking into 2018, there are additional factors that will attract buyers to the Southwest Florida area, including tax reform and continued […]

2017 brought a significant amount of political, economic, and natural-disaster-related happenings and many of these events resulted in some type of impact to the housing market in Southwest Florida. There was an increase in new home building permits issued, which is a welcomed relief for an industry that continues to function with shortages in for sale inventory. Pending sales, closed sales and home prices for the region have all shown increases for 2017. Hurricane Irma […]

The latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider, home prices are actually more in reach now than they were in the late 1990s. Interest rates have decreased 40 basis points over the last six months, but the majority of the possible savings is counterbalanced by the fast and increasing rate of home price appreciation across the country. “Rising home prices continue to offset the majority of would-be […]

Those who own homes throughout the Naples, Florida area have responded quickly to evaluate and repair damages to their homes caused by Hurricane Irma in September. According to the October 2017 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the Naples area housing market closed October on an encouraging note with closed sales up by 1 percent over last October. […]

A slight drop in mortgage loan rates is credited for an increased number of mortgage applications, after the number of applications had seen decreases over the prior month. The second week of October saw a 3.6 percent increase in total mortgage application volume, according to the Mortgage Bankers Association. Applications to refinance a home loan increased by 3 percent, though the overall volume is still lower than it was at the same time last year. […]