The Naples real estate market is heating up for summer. Pending sales in the Naples real estate market increased by 10 percent in May compared with May of last year, the Naples Area Board of Realtors announced Friday in its monthly report on property transactions. “The market seems to be on track right now,” Cindy Carroll [...]
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April home prices continued trend of monthly median price increases
The Naples real estate market is seeing several signs of further improvement as the inventory of homes continues to decrease and median prices increased for the fifth consecutive month, the Naples Area Board of Realtors announced Friday. Brenda Fioretti, NABOR’s media relations committee chairwoman and a managing broker for Prudential Florida Realty in Naples, said [...]
In Recovery? Local, national experts say Collier real estate market on the rebound
New normal. Reset button. Return of common sense. Talk to real estate insiders and experts about the market in Southwest Florida and these terms are bound to come up. “The downturn we saw … it was unprecedented,” said Bill Poteet, president of the Naples Area Board of Realtors. “Up until then, Naples real estate had [...]
Naples home prices to appreciate by 10 percent this year, economist predicts
Naples homeowners can expect as much as a 10 percent increase in the value of their homes by the end of the year, a national economist told a packed house of Realtors at an economic summit held Friday in North Naples. In fact, all the speakers at the 2012 Economic Summit were optimistic about the [...]
Homes over $500,000 selling, local inventory shrinking
Realtors in the Naples real estate market are seeing a higher demand for higher priced homes. In February, 116 homes and condos sold for $500,000 or more. That compared to 98 in the same month a year ago, according to a monthly report by the Naples Area Board of Realtors The report tracks sales made [...]
