“Mortgage rates have hit another record low due to a late summer slowdown in the economic recovery,” said Sam Khater, Freddie Mac’s Chief Economist. “These low rates have ignited robust purchase demand activity, which is up twenty-five percent from a year ago and has been growing at double digit rates ...
Continue ReadingThe great news is that buyers are back! According to the NABOR Market Report released earlier this fall, “buyer activity began to rise in October with a remarkable 23.7 percent increase in overall pending sales (homes under contract) to 987 pending sales during October 2019 compared to 798 pending sales ...
Continue ReadingMARKET UPDATE AUGUST 30, 2019 Love Naples Realty, Naples, FL “According to First American Financial Corp home affordability is increasing despite rising prices. Their data, which they’ve named “real house prices,” is a metric that measures home prices adjusted for other economic factors. Their home-price index shows that, all things considered, ...
Continue ReadingNaples, Fla. (May 25, 2018) – According to the April 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), Collier County enjoys a 7.76 month supply of inventory compared to a 4-month supply nationally. This is great news for ...
Continue Reading