Posted on Monday, March 19, 2012
What a difference a year and a half makes. Prices are up, volumes are picking up and inventory is low – all the makings of a continued resurgence in the Naples real estate market. A lot of this you may know already from online reports and writing in the NaplesBestAddresses.com blog but let me share a few “on the ground” observations.
Yesterday at our Windstar on Naples Bay open house event where many open houses were held and marketed together there was a real uptick in buyer interest. These community wide open houses were held in past years but this year there was at least a doubling of foot traffic. In one water front home there were two to three buyer groups non-stop from 1pm-4pm. This put a dent in my plans to run a twitter broadcast on the event but the prior marketing was really working and took me away from my laptop.
If the foot traffic (and offers by the way) are any indication of real estate confidence, then confidence was certainly up yesterday in Naples real estate.
Florida Realtors found similar facts as reported last week … “Americans more confident in housing recovery.” According to their review of a Prudential Real Estate survey, 60 percent of potential homebuyers and sellers polled in February were positive about the housing market outlook and 70 percent expected residential values to improve over the next two years. ” Confidence as well as facts make the economic world turnaround and this report is certainly positive.
We will continue to report local Naples real estate thoughts and lifestyles and yesterday sure was a positive vote for the real estate recovery. Look for our March month end wrap up in a couple of weeks and we will see if the facts support this “confident feeling.”
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No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA REALTOR Coldwell Banker 5th Avenue South Mobile: 239.595.3921 Email: firstname.lastname@example.org NaplesBestAddresses.com Facebook: NaplesBestAddresses Twitter @mcgoebel Naples Best Addresseses – Where The Best Address in Naples Real Estate Is Yours