Sales of previously occupied homes fell for the fourth straight month in May as soaring prices and a limited number of available properties discouraged many would-be buyers. Existing home sales dropped 0.9% last month from April to a seasonally-adjusted annual rate of 5.8 million units, the National Association of Realtors said Tuesday. The string of […]
U.S. home prices rose in February at the fastest pace in nearly seven years as strong demand for housing collided with a tight supply of homes on the market. The February S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 11.9% from a year earlier, the biggest gain since March 2014. The index had […]
New year, new neighbors. And those new neighbors are driving up the prices of homes. Josh Marzucco, CEO of Marzucco Real Estate, said it is a good time to be in the real estate business in Southwest Florida. “Things just kind of went crazy from March until now,” Marzucco said. His buyers are coming from […]
A mixture of falling home prices, low-interest rates, below three percent to be exact, and the famous sunshine are all contributing to the rise in home sales in Collier County. This is good news for consumers and realtors alike. “Homes that have been on the market for years without any attention or direction are suddenly […]