The engine is on, but what is driving the home buyers into Naples, FL? According to Trulia, the polar vortex, bringing record-breaking low temperatures to large swaths of the country, is prompting more house hunters to search for homes in warm-weather climates.
With every 10-degree drop below 41 degrees Fahrenheit, web home searches in metros with warmer climates rose 4.4 percent, and searches for homes in warm vacation spots surged 5.5 percent. Plus, many other reports continue to promote Naples as one of the fastest growing areas in the Southeast.
The following metros from the Trulia study topped the list for home searches in the weeks of Dec and Jan:
• Miami: home searches rose 7.3% for every 10-degree drop in temperatures
• Phoenix: +6.9%
• Jacksonville, Fla.: +6.4%
• Orange County, Calif.: + 6.4%
• Lakeland-Winter Haven, Fla.: +6.3%
• Sacramento, Calif.: +6.2%
• New Orleans: +6.2%
Vacation areas – where vacation homes account for 25 percent of the housing stock – got the biggest boost in traffic as temperatures plunged. The vacation areas with the biggest increases in home-search traffic were along Florida’s coast, the study found. Data from realtor.com supports Trulia’s findings.
For exceptional service in Naples, Florida, please call me, Frank Petras, at (239) 595-2221 or visit www.FrankPetras.com.
As a REALTOR in Naples, Florida with a very impressive international client list, I am known for my incomparable market knowledge, exceptional customer service, superior negotiating skills, high-end global targeted marketing and tremendous results. I have an unrivaled reputation as a luxury property specialist. I have earned local and national recognition for marketing and selling multimillion dollar luxury waterfront and golf course estates and other fine properties in Naples, Bonita Springs, Estero and the surrounding areas.
Source: JAN 2014 The Wall Street Journal
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