We just wanted to reach out to you to say we are here for you. These are certainly challenging times for all of us. Most importantly, take time to take care of yourself, your family and
We Are Here For You
We just wanted to reach out to you to say we are here for you. These are certainly challenging times for all of us. Most importantly, take time to take care of yourself, your family and your community.
The last few weeks have been unlike anything we have seen in our lifetime. My heart goes out to anyone who has been impacted by the virus, either directly or indirectly. My wife's sister is an ER Nurse in Texas, and we worry about her every day, every shift. We also have many friends who are physicians in Naples, and they are concerned about the virus and the effects that the virus will have on our community’s health as well as the global economic ramifications. The health care professionals are constantly on our minds. We are so grateful for all that they do.
A number of people have asked what we are seeing in the real estate market. As far as real estate goes, we are still seeing new properties come on the market and a good amount of properties are actually going under contract each day. This might surprise you, but our MLS tracks new listings and pending sales and the data is there. Showing activity for listings has dramatically decreased, but some people are still looking.
We personally feel that unless someone needs to look at properties right now, it’s best to postpone “in person” showings for the healthy and safety of everyone. In the meantime, people can utilize virtual tours and 3D tours to view properties. We are trying to stay positive during this time, and we find that virtually connecting with others has really helped.
Below is the February 2020 data from the Naples Area Board of Realtors (NABOR) which tracks sales and listings in Collier County (excluding Marco Island). Based on the data, the Naples market is still strong, with a 29% decrease of inventory over last February and increases in closed sales and a 6% decrease in days on market. While the real estate market in Southwest Florida is strong, we do expect a slow down in the short term. However, Southwest Florida is a prime destination - our great weather beaches, safety, amenities and of course tax advantages over high tax states make it highly desirable. All of these are important factors as to why people want to live here have not changed and will continue to be a draw in the future.
We expect that this summer will be busy. Now is a great time to prepare for your next transaction by doing your research and checking out listings online. Feel free to contact us at any time at 239-298-3555 with questions about the market, neighborhoods or communities here in SW Florida. Most importantly, stay alert and stay safe during this challenging period.
Rowan Samuel has lived many lives. Originally from Zimbabwe (Rhodesia), he and his family immigrated to the U.S. in 1980 to escape the brutal Mugabe regime - they lost everything when they came to Am....