Wednesday, May 29, 2013
Season is Not Over!
Naples Housing Market Remains HOT Heading Into Summer!
Naples Real Estate saw record breaking increases this season. Now, here we are, nearing the end of May, and we are still pretty busy. I had two buyer's over the weekend, both had been here during the winter...they came back to buy! The summer promises to be just as active, as stated in the attached article from this week's press release in The Naples Daily News. Click here to read the story: Naples Bullish On Summer Real Estate Market. The Naples Area Board of Realtors referred to the housing market as experiencing a "trifecta factor": 1. Low Inventory 2. Days-On-Market Average Decreasing 3. Median Home Prices Increasing.
To view the entire report, please go to: NaplesArea.com
Naples has traditionally been a seasonal market...All indicators favor strong demand over the next few months. Even our rental agents are seeing an increase in summer reservations. I've had several calls myself from North Easterners, who normally vacation on the Jersey Shore, looking for alternative destinations. All price points are being effected by the "trifecta factor", entry level condominiums on up to the most exclusive Previews luxury residences. As always, even Naples real estate is local, so if you are looking for a specific community, please call on the team of professionals at NaplesRealEstate.com to assist you. 239-370-0574
Thank you, and make it a great day!
The Naples Real Estate Blogger