Nationally, the home-buying season was a bust. March through August are typically the peak buying months in most of the country. But this time, Americans bought fewer new homes in that stretch than in any other six-month period since record-keeping began a half-century ago. And sales of previously occupied homes didn’t fare much better. They [...]
Tag Archives | housing market
Despite housing market, Save Our Homes property owners see assessments rise
When property values were skyrocketing, the state helped keep the tax burden low for Florida property owners living in their homes. Now it is asking for help in return. While some property owners in Collier and Lee counties saw an assessment decrease when preliminary tax notices were sent out this month, property owners with a [...]
Gloomy housing forecast challenged
The Naples area will see the sharpest decline in home prices in the nation next year, according to a report released recently by financial services company Fiserv Inc. That’s a conclusion that is drawing sharp disagreement from other analysts — but all concerned acknowledge that the area’s unusual demographics and diverse housing market make it [...]
According to Zillow Naples is just about back to historic norms!
Since March 2007, NABOR’s inventory has been reduced by over 5,000 units. In April of 2007, NABOR started tracking the months of inventory. In the first month of tracking, April 2007, NABOR reported 34.78 months of inventory. Since the first month of tracking, the inventory has been reduced substantially over the years and demand has [...]
Pending area home sales increase 36 percent, NABOR reports
Buyers are turning up the heat on the Naples housing market. In January, pending sales – or the number of new contracts written – increased nearly 36 percent to 1,101. That compared to 810 contracts in the same month last year, according to a monthly report by the Naples Area Board of Realtors. “The strong [...]
