Let's Talk Hot Off The Press

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Let's Talk Hot Off The Press...

 

Michelle DeNomme REALTOR, GRI BHHS Florida Realty... 

FGCU Southwest Florida Economic Real Estate Outlook June 2024

https://bhhsmarketingresource.com/p/5f5ce4f27d14dbe02ff0d2625e9c9308?mcpreview=1

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Shelton Weeks, Lucas professor of real estate and director 

of the Lucas Institute for Real Estate Development and 

Finance, is asked a lot by students whether they should 

rent or buy. 

https://www.gulfshorebusiness.com/expert-buying-or-renting-depends-on-your-situation

Let's Talk Hot Off The Press... Home Values Remain Strong  and Expands in March    Contact me today for the Full Report...  Naples, Fla. (April 26, 2024) – Positive shifts and trends in the  Naples area housing market during March continued to attract  buyers and sellers. The March 2024 Market Report by the Naples  Area Board of REALTORS® (NABOR®), which tracks home listings  and sales within Collier County (excluding Marco Island), reported  a 67.6 percent increase in inventory to 5,283 properties from 3,153  properties in March 2023. While home prices continue to appreciate  steadily, up 6 percent in March to $649,000 from $612,000 in March 2023,  there were also 2,667 price decreases during March, the highest number  of decreased reported in over five years. According to broker analysts,  these decreases are not placing downward pressure on prices; they are an indication that sellers are taking steps to stay competitive.

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January Market Report Shows Very Suitable Climate 

for Seasonal Sales...

Naples, Fla. (March 1, 2024) – Data in the January 2024 Market 

Report showed invigorated confidence in the Naples area housing 

market for both sellers and buyers. Overall inventory continued to 

climb for the sixth straight month resulting in a 58.8 percent increase 

in homes for sale in January or 4,639 properties from 2,921 in January 2023. 

Fueled by a 29.1 percent increase in new listings year over year, January 

showings doubled compared to showings reported in December 2023. 

The first month of the year also saw serious sellers taking action to capture 

increased buyer attention with 1,804 price decreases, a 122.7 percent increase 

compared to December’s 810 price decreases.

“I’m getting more requests for pre-listing appraisals,” said Cindy Carroll 

of Carroll & Carroll Appraisers & Consultants, LLC. “This indicates to 

me that new sellers are taking their REALTOR®’s advice to heart and 

doing the work necessary to determine the value of their home in today’s market.”

For the full report please feel free to reach out to me by e-mail at Michelle@NaplesHomeSweetHome.com.

Let's Talk HOT off the Press!

Contact me today for the full Report by calling 239.404.7787