August Home Sales Strong as Prices Hold Steady



Naples, Fla. (September 20, 2019) – Closed sales of homes in Collier County increased 7.4 percent in August, but overall inventory fell 17.8 percent to 4,917 properties compared to 5,980 in August 2018, according to the August 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). This reduction in inventory – which included 616 homes that were either terminated, expired or withdrawn from the Southwest Florida MLS in August – resulted in a six-month supply of inventory for Collier County at the end of August. We know that traditionally, inventory will begin to creep up in September, October and November as many sellers try to get a jump on the competition that might list their properties closer to our winter season. But the pre-season months (September through November) can be a great time for buyers a ...

August Home Sales Strong as Prices Hold Steady



Naples, Fla. (September 20, 2019) – Closed sales of homes in Collier County increased 7.4 percent in August, but overall inventory fell 17.8 percent to 4,917 properties compared to 5,980 in August 2018, according to the August 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). This reduction in inventory – which included 616 homes that were either terminated, expired or withdrawn from the Southwest Florida MLS in August – resulted in a six-month supply of inventory for Collier County at the end of August. We know that traditionally, inventory will begin to creep up in September, October and November as many sellers try to get a jump on the competition that might list their properties closer to our winter season. But the pre-season months (September through November) can be a great time for buyers a ...

Moving to Naples , Naples Closing Costs with Robert Woessner
Understanding your closing costs is the final step of this 6-step series on how to buy a house. As with any business transaction, there are costs of doing business when buying a new home.  Your closing costs are in addition to your down payment.  This is something you should anticipate ahead of time so that you are not surprised at the closing table.
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Closing costs will vary from city to city, but overall this can give you a good idea of  the typical closing costs to expect.  Make sure you take note of these and ask your agent or lender to give you some good rough estimates before you put an offer on a house.
Closing Costs To Expect In Naples
1.)   Home Inspection!  When you buy a house you will get a home inspection completed to confirm what you are buying is in working order. The home inspection will be performed by a licensed professi/ ...

Naples, Fla. (August 23, 2019) - Heightened showing activity in June led to a spike in July's closed sales, which increased 7.1 percent to 829 closed sales compared to 774 closed sales during July 2018. And despite a 14.8 percent reduction in overall inventory compared to last July, overall median closed prices have not increased, according to the July 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).
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Twenty-six percent of the homes on the market during July had price reductions. The number-one reason a home lingers on the market is that it is priced too high. Those price reductions seemed to bring more buyers into the market.
 
The July 2019 ShowingTime report, a monthly supplemental report that's now being run alongside the monthly Market Reports, indicated thm ...

June Market Report Shows Strong Showing Activity
Naples, Fla. (July 19, 2019) – Naples was recently voted the number one southern “boomtown”, which might be one reason showings were up during June. The June 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), revealed that 500 potential buyers were shown homes for sale in the Naples area every day during June. Closed sales in the Naples area during June decreased 10.3 percent compared to closed sales in June 2018, but closed sales since January have only decreased .7 percent. In fact, closed sales over the last 12 months are up in all price categories below $1 million. Now is the time to enter the market. Even though inventory in June dropped almost 12 percent, values are holding steady and the reduced competition provides great opportunities for sellers. Despite the inventory decrease “there is m ...