Existing Single-Family Home Sales: SW Florida Coastal Counties Experience a Mixed Bag of Results

Nicholas NolanMarket Trends Leave a Comment

The housing market has been on a roller-coaster ride in recent times, with the effects of the pandemic being felt in every industry. The real estate market, in particular, has experienced its share of ups and downs, with some areas seeing a decline in sales, while others have witnessed an increase. According to the latest data released on March 21st, 2023, the coastal counties (Lee, Collier, Charlotte) had a total of 1,681 single-family home sales in February 2023. This represents a decrease of 21 percent from February 2022 but is up 19 percent from January 2023. Among the coastal counties, …

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Home prices up for first time in eight months – February 2023

Nicholas NolanHome Buying, Market Trends Leave a Comment

The Black Knight Home Price Index reported that February’s decrease in 30-year interest rates resulted in an increase in home prices, halting seven consecutive months of negative growth. This increase was noted in 39 of the 50 largest markets in the United States, marking a significant shift in home price trends. Black Knight’s daily transaction information showed that the purchase market increased as borrowers took advantage of the limited inventory caused by low-interest rates, leading to an uptick in home prices. However, the U.S. annualized home price growth rate continued to slide, falling to 1.94% in February. Despite the widespread …

The Best Time of Year to Buy or Sell a Home in South Florida?

Nicholas NolanMarket Trends, SW Florida Real Estate

In South Florida, the real estate market typically experiences its busiest season during the winter months, particularly from November to April. This is the time when many people from colder climates come to visit or spend their winter in South Florida, which increases the demand for homes. Therefore, if you are looking to sell your home in South Florida, listing it during the winter months may increase your chances of finding a buyer quickly and at a higher price. On the other hand, if you are looking to buy a home in South Florida, the best time may be during …

Hurricane Ian 2022 Radar Map


Nicholas NolanHome Buying, Market Trends, SW Florida Real Estate

As most know, Southwest Florida has been significantly impacted by Hurricane Ian. People nation wide have been watching the news during/post Hurricane Ian and the devastation & loss is heartbreaking. We know you are feeling it too so we wanted to reach out and say, we are here, we are rebuilding and as always available to help and serve those who need us. Families have lost everything but our community is strong and the compassion and generosity we are seeing is a very bright light in a very dark moment. Our primary focus right now beyond helping those in immediate need …

Top 10 Home Trends for 2021

Nicholas NolanMarket Trends

These top 10 trends will not only add comfort but might even add extra value to your home. 1. Zoom Room A Zillow survey found a desire for a home with a dedicated office tops the list of reasons why Americans working from home say they would consider a move if they were to continue working remotely at least occasionally. Check out the 12 best Zoom Meeting Accessories 2. “HOMECATION” AMENITIES Pool was the top Zillow keyword search term in 2020. Waterfront and dock also landed in the top 10. Additionally, homeowners want to create a luxury experience at home, …