Blue Skies Ahead In 2015 Real Estate MarketNaples Looking Sunny

Blue Skies Ahead In 2015 Real Estate MarketNaples Looking Sunny

Despite some tumultuous times over the last 5+ years, most indicators point to a positive outlook in 2015. This is not to say that we’ll be living in a perfect world, but timing is everything and times are looking good. According to Freddie Mac, mortgage rates which have hovered around 4% this year will inch up to 5% in 2015 which is still a great offering. Nationally home prices were up 9.3% in 2013 and 4.5% in 2014 and are projected to increase an additional 3% in 2015. New Home Starts are projected to increase by 20%Home sales in 2015 are also forecasted to be up 5% at the national level. The robust Naples area market may well yields results well above the national projections .Re-fi mortgage originations which have recently accounted for more than 50% of all mortgage originations, will come down to a little more than 20%, which will bring overall mortgage originations for single-family dwellings down 8% next year. Overall, it’s a great message and a good time to let me help you find your Ideal Home in the Naples area. Call me at 239-273-4006, email me at or visit my website and learn about my Special Buy and Fly Travel Incentive Program at Fay Mlinarich, PA., Premiere Plus Realty.

Fay Bamond Headshot
Phone: 239-273-4006
Dated: December 3rd 2014
Views: 271
About Fay: Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technologica...

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