Prices rise as inventory shrinks

Rising prices and shrinking inventory couldn't cool home sales in Southwest Florida last month.

Sales of residential real estate in June maintained what could be another record-setting pace, with deals rivaling the numbers put up during the pre-recession boom, according to data released [...]

Authentic Florida

Discover Secluded Secret Islands Many of Southwest Florida’s barrier islands, spanning the coast from Marco north to Manasota Key, deliver seclusion — without the three-hour tour or that dunderhead Gilligan. The best are those accessible only by boat, chartered ferry excursions and, in some cases, a helicopter or [...]

Cash Buyers Cash on the table remains the preferred method of payment for home buyers in Southwest Florida. Florida ranked second in the U.S. with 47.6 percent of all-cash sales, second to New Jersey's 48 percent. Naples-Marco Island led the nation with 56 percent of cash sales, while Miami was third at 53.4 percent, Ocala fourth at 49.9 [...]

Rising Housing Prices Southwest Florida is among a growing number of metropolitan areas where the cost of housing — both to rent or buy — is approaching record highs. A strong turnaround in home sales and a suppressed stock of real estate listings has lifted prices to their highest level since the boom of the mid-2000s, while rents are [...]