Judy Schiff Repka, Premiere Plus Realty, Naples, FL

09/10/2024

3/2 condo/carriage home in North Naples reduced to $2,800/month Lakeview with a single car garage. Ready to move in!!

07/27/2024

SALE PENDING -

400 Diamond Cir #402
Naples, FL 34110

$420,000
3/2 condo, garage, back porch, gated and quiet community, clubhouse, small lake, walking path, and pool.

07/27/2024

North Naples Annual Rental Available
3/2 condo, quiet and gated community, clubhouse, lake, and pool.
$3,000/ month

06/13/2024

Brand new listing now on the market. Convenient location, near 75, hospitals, Seed To Table, beaches, Sams, Walmart. you name it!!

VHT Virtual Tour

10/03/2023

CHEERS TO 10 YEARS!! THIS FRIDAY OCTOBER 6th DYLANS IS HAVING AN ANNIVERSARY PARTY! Live music at 4:30 by Keri Moore followed by the Full band of THEM HAMILTON BOYS!! Come join us to celebrate!!

08/17/2023

Next Saturday night at Dylan’s!! It’s our last night open before our remodel! It’s gonna be a good one!

07/20/2023

FYI

07/20/2023

HOME SALES ARE EXPECTED TO PICK UP BY EARLY NEXT YEAR

The weather isn’t the only thing that heats up in the spring and summer. Nationally, it tends to be the busiest time in real estate. But this year, the peak season got off to a slow start, with sales declines in both March and April.1,2 Existing home sales in April were down 3.4% from the previous month—and 23.2% from a year earlier.2

What’s causing this market slowdown? Industry experts attribute it to several factors, including near-record home prices, high mortgage rates, and low inventory.

According to National Association of Realtors (NAR) Chief Economist Lawrence Yun, “Home sales are trying to recover and are highly sensitive to changes in mortgage rates. Yet, at the same time, multiple offers on starter homes are quite common, implying more supply is needed to fully satisfy demand. It’s a unique housing market.”1

However, some industry experts believe the market is poised for a comeback. Forecasters at the Mortgage Bankers Association (MBA) predict that home sales will continue to fall through Q3 before rising in Q4 and throughout next year.3 Analysts at Fannie Mae expect the recovery to take a bit longer, picking up in early 2024.

Meanwhile, home builder confidence is already up, as purchases of new single-family homes surged in March and April to a 13-month high.5 Builder incentives are helping to boost sales: According to the National Association of Home Builders, in May, 54% reported using them to win over budget-conscious buyers.6

What does it mean for you? A slower pace of sales has given buyers some breathing room. If you hated the frenzy of the pandemic-era real estate market, now might be a better time for you to shop for a home. We can help you evaluate your options and make an informed purchase.

If you plan to sell your home, prepare yourself for less foot traffic and a longer sales timeline than you may have found a year ago. It will also be crucial to enlist the help of a skilled agent who knows how to draw in buyers. Reach out for a copy of our multi-step Property Marketing Plan.

07/19/2023

https://judyrepka.myagent.site/home-worth-todays-market/