Naples & Bonita Beachfront

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Housing Market is Moving Stock Market, Jobs, Rates & New Construction!

Naples, Bonita Springs & Ft. Myers Beach

 

Some intriguing news coming from several different sources and their effect on the market and the economy, both locally, statewide & Nationally. 

 

The Latest Housing Reports on Homes & Condos in the Naples, Bonita Springs & Estero Market - HERE for Home Data.

 

Hertz is Relocating their Corporate Headquarters to Estero near Coconut Point. Hertz World Headquarters moving to Estero, adjacent to Fountain Lakes , with 700 jobs paying an average of $102,000. What effect u think that will have on home-prices? - Hertz News Article from USAToday.  

 

NaplesNews.com - MEDIAN HOME PRICES INCREASE 17 PERCENT IN MARCH 2013 

 

I heard the chief-economist, Lawrence Yun of the National Association of Realtors speak the other day in Washington in a room filled with industry leaders (builders, developers and Realtors) in public policy.  The nation as a whole has a shortage of inventory and the projections of the effect that building is having on the economy is driving jobs, the stock market and supporting the large deficits of the Federal Government.  They expect that trend to continue for the next 5 years, with the expectation in Florida for prices to increase between 4-8%.  All 50 states have positive projections over the next 12 months for the first time in more than 6 years.  The major headwinds three speakers saw that could possibly derail the economy are the Federal Government eliminating the Home interest deduction and raising down-payment requirements for first-time home buyers.

 

If you want to see all the historical and forecast projections, here is the link to the slides in his presentation - http://static.coreapps.net/nar_midyear13/handouts/4e192e9c59124284346d21d3f5bfca85_378.pdf .

 

Rise in Interest Rates in the last 24 Hours reduced Purchasing Power by 5% -  CNBC, Growing Home Prices.

 

If I can assist you in any way I am happy to do so.  Have a great week!

 

The Grup-Link Properties Group is where you'll find the market knowledge, negotiation skills and technology needed to efficiently and effectively deliver the results you need!


-Garren Grup & Nina Link

Naples Condos, Homes & Automated updates at www.ViewAllNaplesHomes.com 

Bonita Springs Properties & Automated updates at www.BonitaSpringsHomeSearcher.com

 

For more information, connect with Garren:

Follow Garren Grup on Twitter @BuyUpNaplesBefriend Garren Grup on FacebookGarren's E-mail FormGarren's Profile on ActiveRain Real EstateAdd Garren Grup as a Connection on LinkedINConnect with Garren Grup on PlaxoConnect with Garren Grup on Plaxo

Please Feel Free to Call, Email or Connect with Garren for additional market information
or Search for Homes & Condo properties at http://www.Garren4Homes.com

Buyers, Check out the newest Home Search website
I have launched with a larger picture format to help you
Find and View ALL Homes in Naples, Bonita Springs, Estero & Fort Myers Beach Areas

Click to see a Map of Pelican Bay Properties For Sale

 ***Profiles of New Construction Developments & Homes in the Naples & Bonita Springs Area Here

Garren Grup is a Real Estate Consultant, REALTOR®, ABR, GRI, CNE, CDPE, SFR, CREN. Noteworthy Results in Luxury properties, Golf course homes, beachfront and vacation escapes!

 
3 commentsGarren Grup • July 24 2013 08:08PM
Housing Market is Moving Stock Market, Jobs, Rates & New Construction!
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Southwest Florida Real Estate News Garren Grup John R. Wood, Realtors 239-289-8619 Garren@BuyUpNaples. com www. BuyUpNaples. com Click Below For the 2012 Year-End Housing… more
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Southwest Florida Real Estate News Garren Grup John R. Wood, Realtors 239-289-8619Garren@BuyUpNaples. com www. BuyUpNaples. com Click Below For the 2012 Year-End Housing… more
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