November 2021 Market Update By D. Michael Burke Greetings, salutations, and happy early Thanksgiving. Now that we’re in the final stretch of the year, you might be wondering if the market is still hot. We’re here to tell you it is- and it’s purely a matter of supply and demand. Not only are median home prices in […]
October 2021 – SWFL Real Estate Market Update
October 2021 Market Update By D. Michael Burke Welcome to the 4th quarter of the year! In previous months we’ve talked about home sales prices, inventory levels, and consumer demand, but this month we wanted to highlight something different- notably, that the US is in the midst of a significant housing shortage. Let us explain. A recent […]
September 2021 – SWFL Real Estate Market Update
Septemebr 2021 Market Update By D. Michael Burke Happy pre-Labor Day everyone! It’s almost hard to believe that we’re entering the final months of the year. For this month, we wanted to discuss some recent shifts in the real estate market. Notably, if you’ve been thinking about selling your home but you’ve been reluctant to […]
August 2021 – SWFL Real Estate Market Update
August 2021 Market Update By D. Michael Burke Happy August everyone– we hope you’ve been enjoying your summer! As we’ve noted in the past several months, single-family re-sale homes in the Southwest Florida real estate market are still a hot commodity. Buyers are still actively competing with one another- and in some cases, bidding wars […]
July 2021 – SWFL Real Estate Market Update
July 2021 Market Update By D. Michael Burke Have you been thinking about the real estate market in Southwest Florida? Or perhaps you own a residential property in Southwest Florida and are wondering how the current market and recent changes have impacted your property values. If you’re open to having a conversation, I think you […]
June 2021 – SWFL Real Estate Market Update
June 2021 Market Update By D. Michael Burke Happy June everyone! It’s hard to believe that Memorial Day is behind us already, and that July 4th is literally just around the corner! Now that summer is officially here, perhaps you’ve been thinking about upgrading your home in advance of listing it this summer. Before you […]
May 2021 – SWFL Real Estate Market Update
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 […]