SW Florida Market Update November 2023. The real estate market showed signs of slowing down in November, with median sales prices and closed sales both declining from October. However, active inventory increased and median days on the market decreased, suggesting that the market may be starting to stabilize. Median Sales […]
Yearly Archives: 2023
9 posts
Purchasing a home is a significant step, and the process may seem complex. However, with careful planning and expert guidance, finding your dream home can be an exciting and rewarding experience. Your real estate agent will be your trusted partner throughout the journey, providing support and advocating for your best […]
Are you thrilled with our exceptional service? – Do you know someone who could benefit from the rewards of our service in Southwest Florida? Recommend us to your friends and family, and when they successfully complete a home purchase or sale, we’ll express our gratitude by offering you a special […]
In a recent report released on November 10th, the National Association of Home Builders revealed a concerning trend in the real estate market for the third quarter of 2023. Home affordability has reached its lowest point in the past decade, impacting 37.4% of Americans in metropolitan areas who can afford […]
Owning a home is more financially advantageous than renting as it provides stability, security, and long-term financial benefits. Building equity with each mortgage payment, fixed monthly costs, tax benefits, and the security and stability of not being subject to rent increases or evictions are all benefits of homeownership. Low down payment options are also available, making homeownership more accessible. It may require a larger upfront investment, but the long-term financial benefits make it worth it.
The real estate market in Fort Myers and Lee County has been a hot topic among investors, homebuyers, and sellers. With increasing home prices and a competitive market, understanding the current market trends and predictions is essential for making informed decisions about buying or selling properties. The Fort Myers housing market is somewhat competitive, with homes selling in around 22 days, while Lee County offers a diverse range of properties with affordable options. Both areas are expected to experience growth and development in the coming years, making them attractive destinations for those seeking a new home or investment property. This article provides an overview of the average home prices, competition, inventory of homes for sale, real estate market predictions, and the impact of Airbnb on the Fort Myers housing market.
Mortgage rates are currently low, making it an ideal time for potential buyers to enter the housing market. However, with competition on the rise and inventory expected to increase over the next few months, it's important to act fast. A well-priced, move-in ready home is the most attractive to buyers and could result in bidding wars. On the other hand, sellers can benefit from the current housing market strength, as the pool of buyers may be larger than anticipated. With prices still higher than last year and increasing competition, sellers can receive a good value for their home. Whether buying or selling, Redfin offers a range of services and resources to help individuals achieve their real estate goals.
Explore the unique characteristics of the Fort Myers/Naples real estate market. From the impact of remote working to the housing shortage and rising prices, we examine the causes of change and provide our expert opinion on the current state and future developments of the market. Stay informed and make informed decisions with our analysis
Economists predict the 2023 market will be slower than in previous years, but we’re not expecting a crash. The number of people requesting home tours has exceeded our expectations so far in January, so there may be more buyers out there than you think. In order to attract their offers, […]