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 […]

‘Overvalued’ markets are on the rise in the USA

‘Overvalued’ markets are on the rise in the USA

Markets around the country are showing signs of overvalued residential list prices. CoreLogic, dedicated to providing comprehensive home price trends, reports that their CoreLogic Home Price Index reflects an increase of 7% in September compared with the same period of 2016, informs Mansion Global this week. Miami, FL among overvalued markets, reports CoreLogic Around a […]

34 and under: Millennials drive homeownership rates up to 63.9% in 2017

34 and under: Millennials drive homeownership rates up to 63.9% in 2017

The homeownership rate for the Millennials increased from last quarter’s 34.3% to 35.3% in the third quarter of 2017. It is the highest level since the third quarter of 2015, according to the U.S. Census Bureau. Although not statistically different than previous reports, a significant rising in the national homeownership rate is being noticed by […]

Our NABOR preview – Naples Area 3Q Real Estate Activity

Our NABOR preview – Naples Area 3Q Real Estate Activity

The NABOR Market Report is released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). While the official NABOR 3Q Market Report will not be available until 10/27, the following is a brief synopsis of the Naples Area Real Estate activity from July 1, […]