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 | median price
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 [...]
Traditional sales making up more of Southwest Florida’s home sales, agency reports
In June, the percentage of “traditional” sales — those that are neither bank-owned or short sales — made up more than 52 percent of all transactions involving members of the Realtor Association of Greater Fort Myers and the Beach Inc. The higher selling prices for traditional homes are helping to boost the area’s overall median [...]
Median price of Naples homes up 6 percent
Single-family homes are selling locally and their median price is rising. The median closed price increased 6 percent, to $210,000 from $199,000, over the year ending May 2011, according to The Naples Area Board of Realtors press release. In 2011, there are 7,705 unsold properties on the market as opposed to 9,006 last year. “With [...]
NABOR: Home sales up, inventory shrinking in Naples
Homes are selling more quickly and fewer are coming onto the market in the Naples area. As a result, the inventory of homes is shrinking, according to a report by the Naples Area Board of Realtors. In the first quarter, the available inventory shrank more than 8 percent to 8,762 properties, down from 9,557 in [...]
