Tagged : home prices

Found 4 blog entries tagged as "home prices".

House prices are rising in Southwest Florida and, thanks to that, Southwest Florida sellers are seeing a rise in the average price of homes since 2015. A rise that’s so high it’s about twice the national average.

RealtyTrac reported that sellers made an average of just over $20k across the nation in 2015. This is an increase of 11%. RealtyTrac, based in Irvine, California reports that this is the largest percentage seen since 2007.

Sellers in Collier County on the other hand made around $50k on average. This is higher than the national percentage and is an increase of 21% compared to when the house was purchased. There was only a 7% gain, which is about $17k, in 2014.

Lee County Sellers also enjoyed a high return. It was around 23% in Lee County

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According to a research group, prices of area homes are about to jump by over 10% in the next year. Area topping the prices of single family homes in Florida is Naples-Macro Island, and what more, there is still a scope of further increment in prices in the area.

If we go by The Cary, N.C based firm's forecast, then the prices in Cape Coral-Fort Myers are also likely to fly off the handle. Ingo Winzer, the president of the firm is optimistic about Southwest Florida as well, mainly due to an upbeat in jobs, particularly in retail and tourism sector. These markets are attracting a lot of investors. On Wednesday, he was quoted saying, "Combine speculative interest with good fundamental economic demand and you have a lot of people who want to buy

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Southwest Florida has witnessed a steady increase in home prices in the post-recession period. However, despite all this progress a report released in April shows that the prices are far away from the peak prices witnessed when the housing industry was experiencing a boom.

RealtyTrac, a research firm based in Irvine Calif says that the home prices in the area (Southwest Florida) were below their peaks by a higher margin than anywhere else in the whole nation. The good news is that they are recovering well like in other parts of Florida.

The Vice President of RealtyTrac, Daren Blomquist says that most areas in Florida have not recovered to the peak prices seen when the housing industry was booming. The median prices for homes in Collier were down by

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Home prices are currently increasing at a double digit-rate in Naples, even though both the pending and closing sales have slowed. However, expensive houses along the beach are still being sold at an increasing rate. When compared to last year's April sales number, realtors concluded that the volume of the estates were decreasing due to rapid sales. This was released on Friday, which showed that an average sales rate increased by over 42 percent causing a home to be sold within 93 days, causing supplies to fall nearly 12 percent to a little over 4 thousand units.

Due to the scarcity of the supplied, it increased the median prices to 12 percent, pushing closing sales to $269,000. Mike Hughes, a real estate broker, commented that all the price points

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