Cook Naples

Happy Memorial Day!!

Southwest Florida Market Perspective:
Closed sales during August were sluggish, with 1,646 sales reported for the month. However, the number of homes for sale in Southwest Florida fell 4% since July, marking four consecutive month-over-month declines in listing inventory. As a result, months of supply tightened slightly to reflect a balanced market in Southwest Florida. View full report below

Monthly Market Report - August 2024 Read Monthly Market Report - August 2024 by John R. Wood Properties on Issuu and browse thousands of other publications on our platform. Start here!

"Jennie is a very personable, knowledgeable, and professional salesperson. Her passion of real estate and determination in matching the customers needs to a specific property is welcoming. Jennie is patient, kind, and very thorough. She identified a potential issue regarding Chinese drywall and utilized her network of colleagues at John R. Wood to ensure we were making the proper investment. Jennie went above and beyond making our purchase stress-free and swift. She exceeded our expectations at every level!" ~ Mick & Jean F.

https://www.floridarealtors.org/news-media/news-articles/2023/12/average-long-term-mortgage-rates-dip-9th-straight-week

Average Long-Term Mortgage Rates Dip for 9th Straight Week Freddie Mac says mortgage rates slid to the lowest level since May, “economy remains on firm ground with solid growth.”

Wishing you all a very Happy, Healthy & Prosperous New Year!

https://www.floridarealtors.org/news-media/news-articles/2023/12/nars-chief-economist-forecasts-471m-existing-home-sales-2024

NAR’s Chief Economist Forecasts 4.71M Existing-Home Sales in 2024 Lawrence Yun also said the housing market will improve for buyers next year.

Just Listed!

2 bed, 2 bath in Naples VIEW DETAILS

JUST LISTED - The Strada at Mercato - $1,295,000
Uncomplicate your life when you live in luxury at The Strada at Mercato! This turnkey condo requires nothing but your clothes. Whether shopping at Whole Foods or dining at any of the 10 restaurants, its all just a short walk away. This unit has the best view in Mercato! Enjoy people watching, shopping or just a walk. Mercato has a great schedule of concerts, holiday celebrations, activities, Marketplace shopping and more. Click the link for full details & additional photos.
https://www.cooknaples.com/p/9115-Strada-Pl-Naples-FL-34108/dmgid_164538039?oid=73100008&

Lower Rates May Not Help S. Fla. Buyers

Lower Rates May Not Help S. Fla. Buyers Demand is so strong that high mortgage rates haven’t lowered home prices. And while “waiting for a lower rate” sounds good, it could make buyer demand even stronger.

https://www.floridarealtors.org/news-media/news-articles/2023/08/nar-2q-report-price-gains-60-metro-areas

NAR 2Q Report: Price Gains in 60% of Metro Areas Overall, though, U.S. home prices dropped 2.4% year-to-year because total declines outweighed increases. Still, 5% of markets saw double-digit price increases.

20 Ways to Save Money on Homeowners’ Insurance

20 Ways to Save Money on Homeowners’ Insurance Most money-saving tips have a secondary side effect, such as increasing out-of-pocket costs after a disaster or no coverage at all for something you may need.

‘Rolling Recession,’ ‘Richcession’ or No Recession?

‘Rolling Recession,’ ‘Richcession’ or No Recession? More economists now think the U.S. will avoid a recession, in part because the downturn affects high-earning workers more and it isn’t affecting all industries.