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
Hello from Naples! Rae and Fred have completed downsizing in Kensington. Rae sold their home in Kensington in less than 24 hours for more than asking price…more evidence of how strong a seller’s market Naples is experiencing. Rae and Fred bought a Coach Home in Kensington. They have already moved in and completed several improvements including fresh paint and a flooring update. Granddaughter Natalie surprised her mother, Nicola and arrived home from school for Easter
Hello from Naples! The big news from last month actually didn’t take place in Naples but in Memphis, TN. Nicola and Jeff dropped daughter Natalie off at Rhodes College for the second semester of her Freshman year. Jeff and Natalie drove from Naples to Memphis in Natalie’s Mini Cooper in one day long day while Nicola flew to Memphis and rented a big SUV. Since Natalie’s car would not hold a lot of dorm supplies,
The Naples Area Board of Realtors 2020 Market Report: Housing Market Soars in 2020 Despite the Pandemic
Category: Blog
Naples, FL (February 10, 2021) – Like many industries, the Naples area real estate market was tested in 2020 when the COVID-19 pandemic hit and shuttered businesses in every community. Fortunately, real estate professionals obtained essential-service designation from the state. The effects of the pandemic negatively impacted the housing market during March and April, two months that historically have been the best months for home sales during the year. As lockdown restrictions began to loosen,
The Naples Area Board of Realtors December 2020 Market Report…Housing Market Demand Continues to Outpace Inventory in December
Category: Blog
Naples, FL (January 22, 2021) – Eager homebuyers did not waste any time in December as shown by pending sales for homes in the Naples area which leaped 88.6 percent to 1,535 pending sales (homes under contract) from 814 pending sales in December 2019. This spike in buyer interest was also reflected in the 65 percent increase in showings during December, which amounted to an average of 10 showings per listing. According to the December