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 might be interested to learn how those recent changes have impacted your property values and what your options are right now.

Our team has noted remarkable appreciation in the market here in Lee and Collier County, and your plans to sell that may have put on hold in the past may be much more viable now. We are seeing a major increase in buyer activity right now and there is a very low inventory of properties for sale in our market – in fact, 70% less than this time last year.

If you’re content with your current ownership position, that is fantastic, as you’re in a great place as an owner of a Southwest Florida residential property right now. However, if you’ve been thinking about the possibility of turning your real estate investment into something more liquid, or if you feel that now might be the right time to cash in on your equity, I would be happy to help. I can even direct you to lenders to help refinance at a very low rate.

The good news is that there are so many options out there currently for Southwest Florida residential property owners. Would you like to have a brief conversation about what your plans are for the near future in terms of holding or potentially listing your property? It doesn’t cost you a thing to understand the current market and your options.

Let’s chat! Just give us a call at 239-498-7600. We look forward to hearing from you.