Market returning to normal – well, mostly

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After the extremely strong market post COVID it is instructive to take a slightly longer-term look.

These 3 charts are very much big picture for the entire Naples region and include all types of property. They do show, however, that sales and new listings have reverted to the norm, while prices overall are some 65% higher.

And read these recent articles:

Economic commentary
No, the Federal Reserve does not control mortgage rates
Federal Reserve tries to rewrite history
Has Inflation Peaked?
Have Mortgage Rates peaked?
 Are we already in a Recession?
 Federal Reserve in Fantasyland: Implications for Housing Market
How far Behind the Curve is the Federal Reserve?
 Will the Federal Reserve show chutzpah today?
 Why are Mortgage Rates so high?

Other
How to protect your house from title fraud
Florida Lawmakers Pass Insurance, Condo Reforms
Florida Regulator: Insurers Can Offer Roof Deductibles
Expansion Plans for Fort Myers Airport
Guide to Buying and Selling in Southwest Florida

Market Summaries
Naples mid-year Market Report
Sales Resemble Pre-Pandemic — But Not Pricing & Inventory

  • Andrew Oliver, M.B.E., M.B.A.
    Real Estate Advisor
    Andrew.Oliver@Compass.com
    www.TheFeinsGroup.com
    www.OliverReportsFL.com
    m: 617.834.8205
    ———-
    800 Laurel Oak Drive, Suite 400, Naples, FL 34108
    ———-
    Licensed in Massachusetts
    www.OliverReportsMA.com

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or Andrew.Oliver@Compass.com.

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