“Naples Housing Market Remains Steady in August”

Naples, Fla. (September 27, 2024) –  The median closed price for homes in Naples during August was $600,000; the same price reported in July 2024 and August 2023. According to the August 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), there were 1,096 price decreases during August. While this is the lowest number of price decreases reported for a month so far in 2024, it does indicate that sellers are continuing to adjust their prices to better reflect today’s housing market. And even though monthly inventory levels have risen compared to 2023 statistics (40.3 percent in August), they have been…

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Why Miami’s Real Estate Market is Booming in 2024

Miami has long been known as a hotspot for luxury living, stunning waterfront views, and vibrant city life. But as we head further into 2024, Miami's real estate market is experiencing unprecedented growth, appealing to investors, new residents, and global buyers alike. Several factors contribute to this boom, from a thriving economy and high demand for luxury properties to Miami's unique appeal as a tax-friendly, tropical paradise. Here’s a look at why Miami’s real estate market continues to be one of the hottest in the nation this year.

1. An Increasing Demand for Luxury and Waterfront Living

One of the strongest driving forces in Miami's market is the appeal of luxury condos, high-rise…

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New Construction vs. Resale Homes: Pros and Cons in Southwest Florida

When buying a home in Southwest Florida—whether it's Naples, Cape Coral, Fort Myers, or Lehigh Acres—one of the key decisions you'll face is whether to purchase a new construction home or a resale property. Each option has its unique advantages and potential drawbacks, and your choice will depend on your personal preferences, lifestyle, and financial goals. Let’s break down the pros and cons of both new construction and resale homes to help guide your decision.

New Construction Homes: The Pros

1. Modern Features and Customization
One of the biggest benefits of buying a new construction home in SWFL is the ability to customize the property to your liking. Builders often offer a…

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How to Choose the Right Neighborhood in Naples for Your Lifestyle

Naples, Florida, is renowned for its stunning beaches, vibrant culture, and luxurious lifestyle. However, with numerous neighborhoods to choose from, finding the perfect fit for your lifestyle can be overwhelming. This guide will help you navigate the essential factors to consider when selecting the right neighborhood in Naples, ensuring your new home aligns with your personal preferences, needs, and aspirations.

1. Identify Your Priorities

Before diving into neighborhood options, take some time to identify your priorities. Consider what’s most important to you, such as:

  • Proximity to Work or School: If you have a job or children in school, living closer to these locations can…

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Investing in Rental Properties in Naples: A Comprehensive Guide

Naples, Florida, is a hotspot not just for vacationers and retirees but also for savvy investors looking to capitalize on its thriving real estate market. With its pristine beaches, high-quality lifestyle, and steady population growth, Naples is an ideal location for investing in rental properties. Whether you’re looking to purchase a vacation rental, a long-term rental, or diversify your portfolio, Naples offers an attractive investment opportunity with the potential for both rental income and property appreciation.

Here’s a comprehensive guide to help you navigate the process of investing in rental properties in Naples.

1. Understanding the Naples Real Estate Market

Before…

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