If you have not been keeping up with the local news, you may not be aware that several large, luxury hotel chains are buying up property in Naples, Florida to build luxury residences. This speaks volumes to the success and lucrativeness of the Naples real estate market. Since 2020, the market has seen unbelievable growth. […]
Rosewood Hotels & Resorts is set to develop 5.25 acres and nearly 500 feet of beachfront land for luxury residences in Naples, Florida. This will be the brand’s second standalone residential project in Florida, following the development of Lido Key in Sarasota, Florida. Heading up project development is the Naples-based Ronto Group. They have developed […]
April Report Shows Market Resurgence Continues Naples, Fla. – Closed sales during April in the Naples housing market increased 12.8% to 1,158 properties in April 2019 from 1,027 properties in April 2018. Broker analysts reviewing the April 2019 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and […]
Realistic Home Values Led to Strong Sales in March According to the March 2019 Naples Market Report, the median closed price of homes decreased 5.6 percent to $340,000 in March 2019 from $360,000 in March 2018. Broker analysts reviewing the report clarified that the median closed price decrease was due, in part, to an increase […]