We are now going into our 3rd month of 2017, last year, predictions were made as to what would happen with a new President 2017. Certainly down here in Naples there appeared to be somewhat of a slow down in the final months of 2016 in an air of uncertainty. We now have a new government and overall the promises of our new President are good for sales with restrictions being lifted off businesses.
No doubt that 2016 was a rocky year, it mostly is just before an election, but Zillow stated that home prices increased overall by 4.8 percent in 2016, they further predicted that 2017 home prices would likely increase by 3.6 percent, a little less than 2016 but still on a steady rise since the market of 2006.
Changes in the Real Estate Market in Naples…