Tight Inventory and Increased Demand By D. Michael Burke Happy May, everyone! As we head into summer, the residential real estate market is still very active, but inventory is still very, very tight. If you’ve been thinking about selling but you’ve been unsure as to whether now is the right time to do it, the […]
April 2021 – SWFL Real Estate Market Update
Happy April, everyone! For this month we’ll just cut to the chase. If you’ve been thinking about selling a house or condo, you’ll want to get in while the market is still hot. Why? Because recent data indicates that lack of for-sale properties coupled with the springtime buying rush, is leading to all-out bidding wars. […]
March 2021 – SWFL Real Estate Market Update
Greetings, and welcome to the third month of 2021! For this month, we wanted to cut right to the chase—if you’ve been thinking about selling your home, now is the time to do it. Why? Because as of the last week of February, there were only 4,864 active listings on the MLS—which is the lowest […]
South Florida Real Estate is Booming!
If you’ve looked at the temperature gradient maps of the continental U.S. over the past few weeks, it’s not hard to see one main reason why Miami and South Florida’s real estate markets are on fire. Locked down and snowed under in Brooklyn, NY on February 18th, 2021 LIGHTROCKET VIA GETTY IMAGES With partial lock […]
February 2021 – SWFL Real Estate Market Update
Homebuying Sentiment Remains Strong Greetings! Can you believe that it’s already February?! Groundhog Day is over and 2020 is solidly behind us. If you’re among the many people who have been thinking about buying or selling a home this year—but you wanted to wait until the holidays had ended, now is a great time to […]
January 2021 – SWFL Real Estate Market Update
Recapping the 2020 SWFL Real Estate Market Happy New Year! We hope that everyone had a safe and happy holiday season. Now that the calendar page has finally turned, I think it’s safe to say we’re all happy that 2020 is finally behind us. Speaking from a real estate perspective, 2020 was an interesting […]
December 2020 – SWFL Real Estate Market Update
Single-family Home Sales, Home Prices Up Notably Year Over Year Greetings, Neighbors! I think we can all agree that 2020 has felt like it would never end (all things considered)—but now, 2021 is just a few weeks away. If you’ve been thinking about listing your home, but you’ve been reluctant to do it until […]
November 2020 – SWFL Real Estate Market Update
Buyer demand is strong, but sellers need to price their homes right We’re less than 2 months away from the end of the year and the SWFL real estate market is as strong as ever. For example, local data from September shows that pending sales have risen by an astounding 80.2% year-over-year, and that […]
October 2020 – Real Estate Market Update
October 2020: If you’re wanting to sell, this is the time to sell! Greetings and salutations! It’s hard to believe we’re entering the final stretch of 2020, but here we are. (It’s also hard to believe that Thanksgiving is right around the corner!) This month, we’re just going to dive right into it. If […]
Midtown in Bonita, a new development, approved in Bonita Springs
A new commercial and residential development called Midtown at Bonita gained approval from the Bonita Springs City Council at a Sept. 2 public meeting. Midtown would be built on 67 acres to the east of Interstate 75, on the northwest corner of Bonita Beach Road and Bonita Grande Drive. The community can have up to […]