New and Second Home Sales Surge in Florida

By Robert Nardi – Broker/Owner

Home Sales Surge in FloridaWe’ve collectively come to realize that things are not going to go back to ‘normal’ any time soon. With th effects of COVID-19 still pressing on our lifestyle choices and demands, many potential home buyers are no longer waiting for change, but instead have accepted that the ‘new way’ we live makes home buying more attractive than ever before and being in a warm, sunny, state like Florida is appealing for multiple reasons.

The interest rate has been extremely low, and although researchers predict an increase, that will still be nominal compared to years past. Home inventory’s are also still quite low; throughout the entire country, with approximately only 500,000 homes available, but that number is expected to increase as well. Many homeowners that have been on the fence about selling are ready to do so now. The reason or motive behind selling are unique to each individual, of course, but they are typically due to making a notable profit on home sales, moving into a larger, more spacious home, or for seniors, downsizing or moving into a senior community.

Supply and demand is expected to even out more in 2021 than we saw in 2020, for the sheer fact that people realize that working and spending time at home is not going to change much. Even though we are expected to see a significant amount of people getting the vaccine by the year’s end, we still have a ways to go to see real change, which could take years. Despite this optimistic look, we as a country and the world are going to see the virtual opportunities arise and the true staying power of technological advances.

Bidding wars are still presumed to grow, so if you are interested in buying, you need to be prepared to purchase. You must know your price range, and it’s optimal to have preapproval for your loan or funding. If you see a home you love, you don’t want to miss out.

If you are interested in buying or selling, it’s imperative that you seek out a realtor that knows the area, the comps in your area of interest, and one that can leverage potential buyers with specific needs and desires.

The great news is that sellers are becoming more and more interested in selling their homes for multiple reasons at all price levels. If you need or want to move, Nardi Realty can find you the perfect opportunity for your new home that suits your specific needs. The most crucial tip these days is to be prepared to buy. Know what you’re approved for and have funds available for your deposit.

We don’t know how long this boom will last, but Nardi Realty is here for you to help you make these decisions now before there is a change in the market.

Call Nardi Realty at 239.293.3592 to find out more about your home valuation and more.

If you are someone interested in selling or buying a home for ANY reason, Robert Nardi of Nardi Realty is the premier expert in the Naples area.

Robert L. Nardi, Licensed Broker and REALTOR®
Robert has been involved with technology for over 35 years. He is originally from Cleveland, Ohio where he graduated Summa Cum Laude from Baldwin-Wallace College in Berea, Ohio where he majored in Business with an emphasis in Accounting. He worked for a major law firm, Jones Day for many years where he managed the Firm’s technology help desk and was a guest speaker at numerous Customer Service & Support functions across the country.

After leaving Cleveland, he moved to Minneapolis, Minnesota where he took over the Directorship of Client and Administrative Services for the technology consulting firm, Perfect Access Speer.

Warmer weather began calling him and he settled in Naples, Florida. He loves everything about the Naples community, Florida, Real Estate, and life in general.

After working with CENTURY 21 for over 5 years, where he was ranked a top producer, he realized there was a need for a boutique firm that treats each customer like their only customer. There were special customers & properties that need “one on one” attention. Therefore, he created Nardi Realty to fill that gap.

From 2011 to today, he serves on the Grievance Committee for the Naples Area Board of REALTORS®. During these years he was Vice-Chair and Chair of this committee. In the past, he was Treasurer of the Women’s Councils of REALTORS® and still performs audits of this organization on a yearly basis. He was on the Naples International Film Festival board of directors.

With his in-depth knowledge of real estate in Southwest Florida, customer service, and technology expertise, he and his firm, Nardi Realty, can offer customers superior service and therefore, superior results. And the results are in! In the past 3 years, he has personally sold over $40 million in properties!

Nardi Realty
3400 Tamiami Trail N., Suite 103
Naples, FL 34103

Cell: 239.293.3592
Robert@NardiRealty.com
www.NardiRealty.com
www.BuyNaples.net

 

 

 

 

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