Purchase Mortgage Applications Continue to Inch Up

Purchase index vs 30 year fixed - mortgagenewsdaily.com

BY: JANN SWANSON www.mortgagenewsdaily.com Apr 5 2017, 7:45AM The volume of purchase mortgages continued to increase during the week ended March 31, but steadily shrinking refinance numbers once again pulled overall volume down. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan application activity, declined for … Continue reading

Naples Cay Penthouse Sells at Record Price

Naples Cay, Naples Florida high-rise condominiums

NAPLES PENTHOUSE CONDO FETCHES RECORD PRICE LAURA LAYDEN An exclusive top floor condo in Naples Cay has sold for a record price. Spanning nearly 11,700 square feet under air and overlooking the Gulf of Mexico, the penthouse at Seasons has fetched the highest price paid for a condo in Naples … Continue reading

Housing inventory up, prices steady in February

waterfront homes in Naples, Florida

Collier Realtors group: Pending sales climb 10% LIZ FREEMAN The inventory of properties for sale in Collier County increased in February and prices held steady, a sign that buyers have more options, according to the latest real estate report. At the same time, overall pending sales in February jumped 10 … Continue reading

NABOR Market Report: More Buyers Choose Conventional Mortgages

homes for sale in Naples, Florida - NABOR Market Report logo

More Buyers Choose Conventional Mortgage Loans to Purchase Their Home Naples, Fla. (November 18, 2016) – Over 44 percent of homes purchased in October used conventional financing methods (e.g., mortgages), according to a report released by the Naples Area Board of REALTORS® (NABOR®) that detailed activity in the greater Naples … Continue reading

Home prices increase in third quarter, hit new peak

Isabella 2-story new construction home by London Bay Homes, at Mediterra, Naples. photo: mediterranapleslp.com

Home prices: West still holds most expensive markets November 3, 2016 | Kelsey Ramírez Lack of inventory once again pushed against home prices, causing them to accelerate faster in the third quarter, according to the most recent quarterly report from the National Association of Realtors. The median existing single-family home price … Continue reading

Florida Home Prices Rise in September

Quail West Naples Florida homes

RISMEDIA, Monday, October 24, 2016— Regional Spotlight—Florida’s housing market reported increased median prices, more new listings and fewer all-cash closed sales in September, according to the latest housing data from Florida Realtors®. Tight inventory continues to impact the state’s housing market, notes Florida Realtors® Chief Economist Brad O’Connor. Closed sales … Continue reading

NABOR Market Report: 3Q Prices Hold Steady – Inventory Rising

homes for sale in Naples, Florida - NABOR Market Report logo

Naples, Fla. (October 20, 2016) – The Naples Area Board of REALTORS® (NABOR®) released its Third Quarter 2016 Market Report, which tracks home listings and sales within Collier County (excluding Marco Island), and it showed overall inventory increased 40 percent with little change in median closed prices. In fact, as … Continue reading

Southwest Florida needs to build more new homes

Southwest Florida needs to build more homes

Collier, Lee are lacking homes JUNE FLETCHER | Naples Daily News Southwest Florida needs to build more new homes to meet local job creation, a new report said. After analyzing employment and permits, the National Association of Realtors concluded that there’s a shortfall of 13,609 new single-family homes in Cape … Continue reading

NABOR Market Report: Summer Activity Indicates Promising Season

homes for sale in Naples, Florida - NABOR Market Report logo

Naples, Fla. (September 16, 2016) – The housing market’s momentum continues to remain strong heading into fall. Upon reviewing the August 2016 NABOR Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), NABOR® broker analysts cited … Continue reading

“Zombie” Vacant Homes continue decline

Contemporary two story home, light green siding, palm tree in the yard

Vacant homes in foreclosure decrease in Collier and Lee JUNE FLETCHER | Naples News The zombies are almost all vanquished in Southwest Florida. A new report by Attom Data Solutions shows the number of vacant homes in the foreclosure process — known as zombie homes — fell to 13 in … Continue reading