Real Estate Market Update July 2013

Welcome back to my video blog! I’m here in Las Vegas at the Mike Ferry Superstar Retreat where 3,500 of the greatest agents around the world come to talk about the market and new ways to better serve you!

I wanted to tell you some great news; we are currently experiencing one of the most amazing markets in 15 years with the lowest inventory!

So my question to you is: do you know anyone who needs to get their home sold in this amazing market? If you do, call me now at 239.595.8500. Now is the perfect time.

Thanks again for watching!

2013 Naples Listing Report

Hi everyone! We wanted to give you a midyear update on the 2013 market. There have been some very interesting things happening.

If you do a side-by-side comparison of 2013 to 2012, you will find some major differences. As you can see from this first graph, listings have steadily dropped the further into 2013 we get.

Despite the dwindling inventory, though, there has been continued growth in pending sales. This means more and more homes are being purchased and fewer are coming on the market.

The final statistics we wanted to look at today was the number of closed sales. In 2013 we have seen an increase in the number of closing sales.

What does this all mean? These three factors lead to higher prices! The market is starting to rebound from the 30-40% drop in prices we used to see. This is great news for everyone!

If you have more questions or want to know more specifically about your neighborhood, call us immediately at 239.595.8500!