Naples FL. Real Estate Market Report Jan 2013
2012 MEDIAN CLOSED PRICE INCREASED 17 PERCENT
Where: Naples, FL. (Collier County)
When: January 2013
Fabulous news keeps coming from one of the prettiest places in the world. Naples, FL.'s housing market is setting the standard. With the most recent Naples Area Board of Realtors' report, we are seeing the median price for home sales increasing 17% in 2012.
This is obviously fantastic news. I remember just last April, reporting that Dr. Lawrence Yun, Chief Economist of the National Association of REALTORS®, predicted a 10 percent increase in the overall median price by the end of 2012. Many were skeptical when I told them this news. And I have to admit, I was optimistic, but seeing where we had been in recent times, 10% seemed to be a lot... We have seen the momentum starting to build, kept the faith, and joined with Buyers and Sellers on this endeavor of happiness making. It is a pleasure to report that the Naples real estate market improved beyond expectations for 2012. And now 2013 has started off with a bang. Many foreign investors are wanting a part of the action and a piece of this sunny paradise. We see it everyday here in the Naples area. My business on RightMove Overseas is really buzzing as those who dream of a tropical climate with the character and luxury of Naples are seeing the great affordability before prices rebound even more.
Another real estate industry article shows Naples as being in the top 10 Best Housing Markets through 2016. This is great news for everyone in the area, AND those that have been tip toeing the fence as to whether to pack their swim suit, golf clubs, sunglasses and become a proud new home owner in the sun.
We are looking forward to welcoming you, talk to you soon!
By Phillip M. Rigsby
By Phillip M. Rigsby
Click here for the Latest NABOR Market Report
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