Spring is upon us and not only do we have to turn the clocks forward, Debbie is celebrating a milestone birthday.
Figuring the picture of us with the champagne (Debbie's fave!) is appropriate!
So, while we take the month in with trepidation, we are enjoying every single day as you don't know that tomorrow brings in this crazy world.
And, if we may...thought we would make this newsletter a little more personal with a splash of some of Debbie's favorite things...
As always, nice chatting with you!
Low Inventory & High Demand Continues to Push Home Prices Up in January
A 34.5 percent increase in new listings sparked 19,277 more showings during January compared to new listings and showings reported in December 2021. While an increase in new listings demonstrates a solid start for the real estate market this year, low inventory continues to harness the market’s potential. As a result of tight inventory, January sales activity could not meet the level of sales activity reported in January 2021. Historically, month to month sales activity during season ascends through April. But according to broker analysts reviewing the January 2022 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), a 74.9 percent decrease in inventory for January to 1,122 homes from 4,474 homes in January 2021 will not provide the same level of sales transactions that occurred last season.
In the spirit of St Paddy's day. Wear your green and enjoy the revelry of the 40th annual Naples St. Patrick's Day Parade, followed by an all-day celebration with live music at Sugden Plaza on Fifth Avenue South.
Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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