Home Prices Hold Steady in July

Home Prices Hold Steady in July

While much of America grapples with unfamiliarly high interest rates that have stalemated the resale home market, broker analysts reviewing the July 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), point to data that shows home sales activity in Naples has remained steady for the past year despite several interest rate increases.

Yet, even as cash sales for homes in Naples continue, buyers and sellers are carefully navigating today’s market conditions.

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