March 2023 Newsletter - We are still Lucky!

March 2023 Newsletter - We are still Lucky!

 

For all of your Real Estate needs around the globe, I've got you covered!

 

March 2023 Newsletter

   

Market Update

 

Our local inventory continues to grow. This is great news for Buyers looking to buy because they have more selection and for Sellers looking to sell, they have a lot of equity to protect in most cases and can cash out with some nice returns.

 

Days on market still hovers around 50 Days on Market give or take the area. Some parts of our community and some price points remain in higher demand than others. Overall, we have low inventory levels compared to pre-COVID numbers.

 

Interest rates have also slipped for the third straight week encouraging more buyers to re-enter the marketplace. This is good news for Buyers as their buying power has improved and they are able to qualify for more home given that the payments may be lower given the lower rates. We expect to continue to see a trend in the rates lowering with projections to 4% before year end.

 

 

Awards and Elite Recognition

 

The first quarter is always an exciting time for agents receiving recognition for the previous year’s performance. Although, I am focused on serving clients looking to buy and sell now, it is lovely to be recognized for my efforts in the 2022 market. Thank you to all my past, current, and prospective clients for allowing me the honor of being a part of one of your largest investments in life, your Home.

 

 

I truly love what I get to do and 2022 was another great year. I am excited to be named to the Florida 100, an elite list of the top Coldwell Banker agents in the state of Florida. Also, I will be presented the 2022 International President’s Premier award in May. What I am really excited about it, is this was the first time I was named the top Individual producing agent out of the 252 of agents in our Fifth Avenue office. How exciting! So, do me a favor, if you know someone looking to buy or sell, tell them to work with a pro who knows what they are doing, has the track record to show for it, and loves serving their clients beyond the transaction.

 

   

St. Patrick's Day Parade 🍀

 

Thank you to all who joined us for the St. Patrick’s Day Parade watch party. It was a great parade and a lot of fun seeing you all there.

 

     

 

Also, a special “Thank you” to those that came out to Dorona on March 15ht in support of the Women’s Foundation of Collier County. It was a pleasure to be your Startender and serve up a few drinks to generate support and awareness for the ongoing needs of women and girls in Collier County.

 

     
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Copyright (C) 2022 Lori Fowler | Naples Luxury. All rights reserved.

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Lori Fowler | Naples Luxury
550 5th Avenue South
Naples, FL 34102

M - 239.877.3800

O - 239.262.7131

 

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