Equity Realty's Naples Real Estate Blog

Now is definitely the time to sell – and if you live in Naples, you’ll probably be the only one. 

Homes listed for sale nationwide increased by a hefty 4.26% between May and June, according to a new National Housing Trend Report by Realtor.com, as operated by Move, Inc. However, the report shows that Naples is the only city in the country with double digit listing decreases – by a whopping 10.49%.

This is actually somewhat consistent with the national average from June of last year: the number of homes listed for sale was 7.29% higher than it is today.

According to Move, Inc. CEO Steve Burkowitz, the numbers provided by the report are consistent with a positive outlook for the national housing market.

“Sellers are continuing to list homes at a

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The standards for applying for home loans in banks have drastically changed over the past years. Practices and approvals for banks in giving home loans have changed a lot from what it used to be. The reason behind these drastic changes is that many banks were bankrupt or were put in a situation where they need several years in order to recover from a loss due to their carelessness with their home loan approvals and their loan underwriting methods.

The promotions such as No Doc Loans and 100% financing were the major factors that caused several banks to face financial crisis today. Today, banks see to it that they do not do the same mistake resulting in much thorough and strict application requirements and processing when applying for home loans.

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