Welcome to Paradise!
All-Cash Buyers Surge to Decade High

Naples and the Cape Coral-Fort Myers areas are among the top 10 metros in the United States with the highest concentration of cash buyers in 2023, the National Association of Realtors® found. …continue

Pending Home Sales Receded 4.9% in January

NAR: Pending sales were down 8.8% year-over-year. Chief Economist Yun noted that “consumers are showing extra sensitivity to changes in mortgage rates.” …continue

Fla.’s Jan. Housing: Median Prices, New Listings Up

Florida Realtors: Fla.’s single-family median price up 3.8% ($405K), condo median up 3.2% ($320K). New listings and inventory levels up in both property categories. …continue

Builder Confidence Higher in February

NAHB’s monthly index climbed four points to 48 in February off improved buyer traffic and possible future rate cuts. …continue

Residents, Jobs Helped Fla.’s 2023 Housing Market

Fla. Realtors chief economist: “Florida weathered the storm” of higher interest rates and ongoing inflation making 2023, a “rough year for residential real estate.” …continue