Where Have All the Houses Gone?

22 Feb

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In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage... Read more »

Turn to an Expert for the Best Advice, Not Perfect Advice

08 Feb

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As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like... Read more »

Why Moving May Be Just the Boost You Need

27 Jan

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As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise since the U.S. Census Bureau reported... Read more »

Naples Area Market Report

24 Jan

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Housing Market Demand Continues to Outpace Inventory in December Naples, Fla. (January 22, 2020) – 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... Read more »

What Experts Are Saying about the 2021 Job Market

24 Jan

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Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at the Wall Street Journal (WSJ), explains: “The economy... Read more »

Homeowner Equity Increases an Astonishing $1 Trillion

27 Dec

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In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: U.S. homeowners with mortgages have seen their equity increase by a total of $1... Read more »

Naples Area November Market Report

20 Dec

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November Home Activity Shows Buyers were Trying to Beat the Pack Naples, Fla. (December 20, 2019) – An increase in traffic on roads and beaches, and in restaurants, hotels, and open houses during November was reflected in a 27 percent increase in overall pending sales (homes under contract), and a 46 percent increase in showings for... Read more »

How Remote Work Can Power Your Vacation Home Sale

07 Dec

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This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home is a positive factor in demand for vacation homes.” Buyers are taking advantage of the fact that working from home might be someplace other... Read more »

Learn One New Thing

02 Dec

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At Gallant Real Estate, we have a mantra: learn one new thing. As committed life long learners, we understand that being open to opportunities to learn helps us continue to grow and it makes life more interesting. Our broker, Deb Gallant, will often ask us “what did you learn today?” She sincerely wants to know... Read more »

With Home Values Surging, Is it Still Affordable to Buy Right Now?

02 Dec

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Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new... Read more »