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

Real Estate Agent with John R. Wood REALTORS

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.  




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


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Please Feel Free to Call, Email or Connect with Garren for additional market information
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 ***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!


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increasing interest rates
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soaring stock market
reduced home inventory

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Michele Cadogan-Cell 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Even though its slow going it does sounds like the economy is moving in the right direction. 

Jul 24, 2013 10:33 PM #1
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Should be interesting to see how rising interest rates effect the housing market.  The red hot market seems to be slightly cooling a little at least in Central Florida.  Inventory is rising again.

Jul 24, 2013 11:29 PM #2
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Florida flag  Featured Article - Florida Real Estate Investors group

Jul 24, 2013 11:35 PM #3
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Garren Grup

REALTOR, ABR, CNE,CDPE, GRI, Naples & Bonita Springs, FL
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