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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...
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. |
