Why is the Southwest Florida Real Estate Market So Hot? | Think Realty

0
166

The real estate market nationwide is seeing unprecedented surges. One of the hottest markets in the US is Southwest Florida. As of November 2021, Southwest Florida is showing 0.3 months of inventory in Collier, Lee and Charlotte counties, which is down 80% of where we should be for a balanced market. This is mostly a result of strong buyer demand, high competition from deep-pocketed institutional investors, builders’ inability to provide new inventory, and a dash of seller reluctance as replacement properties are not as easy to find, thus limiting new resale inventory.

Enormous Demand & Desirability

Whether it’s golfing, boating, fishing, kayaking, or the many other activities to enjoy in the beautiful outdoors of Southwest Florida, we are home to those seeking an enhanced quality of everyday life. This past year has only accelerated that trend as Florida, to many, has been deemed the…

Read more…