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All Time Low for Mortgage Rates

“Mortgage rates have hit another record low due to a late summer slowdown in the economic recovery,” said Sam Khater, Freddie Mac’s Chief Economist. “These low rates have ignited robust purchase demand activity, which is up twenty-five percent from a year ago and has been growing at double digit rates ...

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Will Home Prices Drop Due To A Coronavirus Recession?

While none of us have a crystal ball - here are some key highlights to remember: Many economists agree that the U.S. is entering a recession. The coronavirus has caused a global economic slowdown. But home prices don’t always drop during a recession. Home prices in the U.S. might just ...

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What You Really Want to Know about the Naples Market

The great news is that buyers are back! According to the NABOR Market Report released earlier this fall, "buyer activity began to rise in October with a remarkable 23.7 percent increase in overall pending sales (homes under contract) to 987 pending sales during October 2019 compared to 798 pending sales in ...

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Market Update August 30 2019

MARKET UPDATE AUGUST 30, 2019 Love Naples Realty, Naples, FL "According to First American Financial Corp home affordability is increasing despite rising prices. Their data, which they’ve named “real house prices,” is a metric that measures home prices adjusted for other economic factors. Their home-price index shows that, all things considered, home prices ...

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