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 […]
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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.
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, […]
There are a few reasons to be optimistic about the market heading into December, including a welcome decline in mortgage rates. Here’s what you need to know to navigate the market this month: What sellers need to know What buyers need to know: Here’s what experts are saying about the […]
As we head into fall, economic volatility has left buyers and sellers in the housing market feeling some whiplash. Inconsistent mortgage and financial trends can make it difficult to plan ahead for your homebuying or selling journey, but I’m here to help you make sense of things. Here’s what you […]
Rising Mortgage Rates Have Stifled Affordability with July’s Real Estate Market Stats Fort Myers and Cape Coral, FL – The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand, and pricing out a multitude of buyers. Nationally, median household […]
Is now a good time to buy? That’s the big question of the moment—but it’s my job to help you answer it. This month, whether you’re buying or selling, the name of the game is to stay the course. If you find the right house for you and it’s within […]