We're Willing to Accept These Minor Tremors as We Move Into a Traditionally More Active Time of Year. Sales by Type in Naples Florida.

Minor fluctuations have been occurring since the beginning of Summer with both the Short Sale and REO marketplaces.  When we look at the past year since the last reporting we see a 1.49% positive deviation in the traditional segment, an increase of .05% within short sales and a 1.54% decrease in REO activity.  Watching the traditional wedge of the pie increase, however slight, is always a good sign.  Slowly we turn, inch by inch, step by step...

On the monthly outlook, the REO and Short Sale inventory is perceived as the better value at this time and is what Buyers are and were seeking.  Know that that mode of thinking is not always the best case scenario here.  Buyers may miss an excellent value by pursuing only foreclosed and or distressed properties.  I am encouraged to see the 60% threshold being maintained through this time period though, another small sign of stability in our market which would be fabulous to maintain.    

 Please review the previous report here!