1 Trillion dollar economy: Florida turns its largest GDP milestone yet

1 Trillion dollar economy: Florida turns its largest GDP milestone yet

The Florida Chamber Foundation’s Chief Economist Dr. Jerry Parrish, who forecasted this milestone early this year, has announced that the 1 Trillion dollar economy milestone was achieved this month of July. “Becoming a $1 trillion economy means Florida is continuing to grow and create jobs, keeping unemployment lower than the national average, and creating economic […]

Decreasing numbers in Naples, FL Housing Market as seen in realtor.com —July 12, 2018

Decreasing numbers in Naples, FL Housing Market as seen in realtor.com —July 12, 2018

The Naples, FL Housing Market numbers—as reported by realtor.com—keep reflecting significant changes. Within the data for this middle of July, the median listing price steps down to $389,000 (from $ $393,000 in our last month report) out of 8,057 homes for sale (a substantial change from 8,597 last month and 9,201 homes available for sale […]

NABOR report: Naples housing activity yields solid market

The Naples Area Board of REALTORS® (NABOR®) May report—published last week—highlights a Naples housing activity yielding a solid market, signaling the highest monthly closed sales since May 2017. “In 2017, May’s sales increased 23 percent over sales in May 2016,” details NABOR. This is indicating that May, for the last 14-month period, has become the […]

Significant changes on the Naples, FL Housing Market as seen in realtor.com —June 15, 2018

Significant changes on the Naples, FL Housing Market as seen in realtor.com —June 15, 2018

The Naples, FL Housing Market numbers—as reported by realtor.com—are suggesting a significant change in several aspects. The median listing price jumps down to $393,000 (from $400K a month ago) out of 8,597 homes for sale (a substantial change from 9,201 homes available for sale a month ago). The median listing price index keeps decreasing steadily, […]

NAR reports shrinking existing home sales in April 2018

NAR reports shrinking existing home sales in April 2018

The National Association of Realtors, NAR, is reporting this week that existing home sales were down by 2.5 percent in April, compared with March 2018. This marks a change of direction compared with prior months when sales were up. The reason? Lawrence Yun, the NAR chief economist, explains that this “Spring’s staggeringly low inventory levels” […]

3.2% decline in existing home sales NAR reports

3.2% decline in existing home sales NAR reports

The NAR—National Association of Realtors—reported a significant decline in sales of existing homes seemingly due to price increases for the second month in a row in January 2018. Sales went down 3.2% from December 2017. Also, the number rises to 4.8% in a year-over-year comparison, which is the sharpest decline since August 2014, highlights the […]