Naples mid-year Market Report

The trends evident in 2021 – persistent demand meeting lower inventory leading to fewer sales at higher prices – continued into the early months of 2022, but there was a notable cooling of the market towards the end of the second quarter, as rising mortgage rates and fears of recession, along with a sharp drop in the stock market, contributed to a hesitation amongst buyers. As always, caution should be exercised when looking at small numbers of transactions.

 

And read these recent articles:

Economic commentary
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

May Market Summaries
Naples May Market Summary
Bonita Springs May Market Summary
Sanibel May Market Summary
Fort Myers Beach May Market Summary
Estero May Market Summary
St James City May Market Summary
Estero May Market Summary

  • 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.