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” […]