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Naples Area Market Report - June 2021

Frenzy Fades to a Simmer as Inventory Dips Going into Summer

Naples, FL (July 23, 2021) – With less than a one month supply of inventory available, the Naples area housing market experienced a 14.5 percent decrease in overall pending sales in June to 1,256 pending sales from 1,469 pending sales in June 2020. Low inventory levels in June also contributed to a 7 percent decrease in showings for the month. This simmering of activity has broker analysts who reviewed the June 2021 Market Report released by the Naples Area Board of REALTORS^® (NABOR^®), which tracks home listings and sales within Collier County (excluding Marco Island), certain that the wild housing market frenzy that began about a year ago – peaking in March – is now decelerating and being replaced with a new level of activity that reflects improved market equity for sellers and sustained buyer interest from people seeking permanent residency.

Contact me today for the full report by sending an e-mail to...

Michelle@NaplesHomeSweetHome.com

 

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Increased Demand in February Shows 

Homebuyers Recognize a Great Value...

Naples, FL (March 24, 2021) – The February 2021 Market Report, 

released by the Naples Area Board of REALTORS^® (NABOR^®), which

 tracks home listings and sales within Collier County (excluding Marco 

Island), marks the last month of comparative activity 

before the pandemic shuttered the global economy in March 2020. 

That said, overall closed sales of existing homes in Naples for 

February increased 62 percent to 1,307 closed sales from 807 

closed sales in February 2020.

Contact me today to receive the full report...

Michelle@NaplesHomeSweetHome.com

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Here's your weekly look at what's happening 

with rate movement. the economy and a housing 

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Hot Off the Press Today from  Prosperity Home Mortgage, LLC.. As part of my continued service to you, I'd like to provide the most up-to-date interest rates at Prosperity Home Mortgage, LLC..  Rates will vary for every borrower, so contact me today for a customized quote!

The above scenarios assume a $350,000 sale price ($1.5M on a Jumbo)  on a purchase transaction with 25% down, a 740 FICO score and a 45  day rate lock. Rates are as of business day prior to the date listed above.  Interest rate and annual percentage rate (APR) are based on current  market conditions as of 3/11/2021, are for informational purposes only,  are subject to change without notice and may be subject to pricing add-ons  related to property type, loan amount, loan-to-value, credit score and  other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are  financed, the loan, APR and payment amounts will be higher. If the  down payment is less than 20%, mortgage insurance may be required  and could increase the monthly payment and APR. Contact us for  details. Additional loan programs may be available. Accuracy is not  guaranteed and all products may not be available in all borrower's  geographical areas and are based on their individual situation.  This is not a credit decision or a commitment to lend. Contact Tammy today... tammy.arrington@phmloans.com  Tammy Arrington Cell # 239-940-7985 Mortgage Consultant NMLS # 367773 6700 Daniels Parkway Suite 4 Fort Myers, FL 33912

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Contact me today for the full report at Michelle@NaplesHomeSweetHome for you free copy...:0)