Why Aren’t Home Prices Crashing?

07 Apr

Eileen

1774 0

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing. Even... Read more »

Naples Market Report January 2023

04 Mar

Eileen

168 0

Seller Confidence Returns to Greet Seasonal Demand Naples, Fla. (February 24, 2023) – Evidence of growing confidence in the Naples real estate market revealed itself in January as a wave of new sellers entered the market during the month. New listings in January rose 74.5 percent compared to December 2022, and 3.2 percent to 1,338... Read more »

Why Today’s Housing Market Isn’t Headed for a Crash

20 Feb

Eileen

203 0

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in... Read more »

Want To Sell Your House? Price It Right.

26 Jan

Eileen

162 0

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly... Read more »

Is It Time To Sell Your Second Home?

12 Jan

Eileen

257 0

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares... Read more »

Key Advantages of Buying a Home Today

08 Dec

Eileen

219 0

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising... Read more »

Restoration Hardware & Whole Foods coming to downtown Naples?

26 Oct

Eileen

601 0

There are a host of exciting new development plans for the area surrounding Naples Square in downtown Naples – including maybe a Restoration Hardware Naples location and a Whole Foods Market! Two projects already underway include the AC Marriott hotel located at Goodlette-Frank Rd. & US41 and the new Gulfshore Playhouse, which is located at 1st... Read more »

Naples Market Report September 2022

21 Oct

Eileen

296 0

Hurricane Ian Failed to Upset Naples Housing Market’s Resilience Naples, Fla. (October 21, 2022) – The impact of Hurricane Ian, as witnessed on the last two days of September, is not reflected in the September 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County... Read more »

Should You Still Buy a Home with the Latest News About Inflation?

20 Oct

Eileen

476 0

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb.... Read more »

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

16 Sep

Eileen

321 0

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To... Read more »