Naples, FL (February 25, 2022) – A 34.5 percent increase in new listings sparked 19,277 more showings during January compared to new listings and showings reported in December 2021. While an increase in new listings demonstrates a solid start for the real estate market this Continue Reading
Over the past two years, homebuyers have been leaving busy cities that are cramped and where the standard of living, including taxes, is very high. With more flexible work and education arrangements due to the pandemic, people are not geographically bound to their offices Continue Reading
Naples, FL (January 27, 2022) – Demand for the Naples lifestyle eclipsed all expectations and helped to break several home-sales records in 2021. The year ended with a 25.8 percent increase in overall closed sales and a 20.3 percent increase in median closed price (year over Continue Reading
Contributed by: Brett Carter, Fidelity Direct Mortgage Since January 1, 2022, interest rates have jumped more than 1.0%. Ongoing concerns regarding inflation are driving the market and pushing COVID-19 concerns aside. Last week the Fed announced they are going Continue Reading
Naples, FL (December 22, 2021) – Pre-season buyers descended on the Naples real estate market in November pushing the area’s overall inventory down 76.1 percent to 1,198 homes from 5,006 homes in November 2020. Demand for the Naples lifestyle during November also influenced Continue Reading
Contributed by: Brett Carter, Fidelity Direct Mortgage 20% in 2022? Gas Prices are up. Inflation is up. Interest rates are on the rise. Is this 1979 and Interest Rates are going to 20%? (Yes, they really were 20% I bought my first house in 1980 and my Continue Reading
Contributed by: Brett Carter, Fidelity Direct Mortgage Zoom Meetings, Remote Work, Virtual Office, Remote Learning. For almost two years our world has been completely consumed by the COVID-19 pandemic and its impact on our daily lives. While we have made Continue Reading
As you may already know, the FEMA Risk Rating 2.0 program went into effect on October 1, 2021. Through Risk Rating 2.0, the National Flood Insurance Program (NFIP) is looking to create a more stable flood program. 2.0 provides more equitable rates by leveraging technology Continue Reading
Contributed by: Brett Carter, Fidelity Direct Mortgage This past week was all about the Fed. The Federal Open Market Committee (FOMC) aka “The Fed” held their highly anticipated meeting Wednesday November 3, 2021. The Market was anticipating changes to the Federal Continue Reading
