Posted on Wednesday, January 18, 2012
William Gibson once said “The future is already here. It is just unevenly distributed.” Nothing could be more true of real estate in the United States. Many areas have pulled out of the real estate slump, some areas have a ways to go.
The good news is we have more markets and more bright spots. We could use some more volume in Naples real estate but our prices and inventories are looking favorable. 2011 was better than 2010 and 2012 is feeling ok so far.
On a national scale there are some positive predictions. For example, CNBC reported five days ago ”The five-year slide in U.S. home prices will end this year, followed by the start of a weak recovery in 2013 … a poll of 23 economists and analysts found a consensus for no change in the S&P/Case-Shiller home price index in 2012, compared with a median 0.3 percent decline that was forecast in the last poll in November.”
Nice predictions but if they are true but look for that uneven future. Some parts of the country are bouncing back, others not so much and the average may be a big zero. What to do? Know a good Realtor – even within a rebounding area like Naples, Florida there are going to be mixed results by area.
There is good news all around. Things are looking brighter than last year especially if these trends and futuristic predictions hold up.
No legal or investment advice or suggestions are being given in this Blog. Actual real estate price and sales results are subject to market forces and are not completely predictable. Please consult a lawyer or investment advisor for such legal and investment advice. 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
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