June 2022 Market Update By D. Michael Burke Greetings and welcome to June. Last month, we reported that for-sale home inventory in Lee and Collier counties had risen up month-over-month, and while inventory levels in both counties is still ticking upward, it’s still below 2-months. (A balanced market works out to roughly 6-months’ worth […]
May 2022 – SWFL Real Estate Market Update
May 2022 Market Update By D. Michael Burke In early April, we pointed out that active for-sale inventory in both Lee and Collier counties was down substantially year-over-year. At that point, we reported that February single-family home inventory in Collier and Lee counties was down by 27% and 23%, respectively, from the same reporting period […]
April 2022 – SWFL Real Estate Market Update
April 2022 Market Update By D. Michael Burke The housing market in both Collier and Lee counties continues to remain strong, despite year-over-year declines in home sales. For example, for the month of February, in Collier County, closed sales of single-family homes and condos declined by 25% and 51%, respectively, from the same reporting period […]
March 2022 – SWFL Real Estate Market Update
March 2022 Market Update By D. Michael Burke The real estate market has been operating at a fever pitch over the past three years, with home values, home prices, sales volume, and transaction sides easily breezing past previous records. Despite securing consecutive banner years, many industry members have been anxiously awaiting another housing crash (similar […]
February 2022 – SWFL Real Estate Market Update
February 2022 Market Update By D. Michael Burke Greetings and happy February to everyone! Now that the holidays are behind us (and the houseguests are long gone), you may be wondering if it’s too late to get in on the home-selling action. We’re here to tell you it’s not. Regardless as to whether you’re looking […]
August 2019 Market Update
Happy August everyone! It’s hard to believe that Labor Day Weekend (and dare we say it, the holiday gift-giving season) is just around the corner. Yet despite the fact that the holidays are still several months out, that hasn’t stopped the Federal Reserve from delivering an early gift. On Wednesday, July 31, the Fed announced […]
