Bonita Springs - Estero Market Report

Welcome, please find the most recent Market Update from the Bonita Springs - Estero Board of REALTORS; one of the Local MLS Boards here in SW FL where we help Sellers and Buyers to achieve their REAL ESTATE GOALS.

Bonita Springs - Estero from Barry Hoey PA & Kimberly Zuponcic PA with the Hoey Team Brokered by eXp Realty, in Southwest Florida - Most recent on Top.

June 2019 Report, Bonita Springs and Estero Markets:

 

Pending and Closed Listings Increase as Federal Interest Rates Remain Steady

BONITA SPRINGS, Florida | June 20, 2019According to the Bonita Springs-Estero REALTORS® (BER) Media Committee, there was an increase in pending and closed listings for May 2019 in comparison to May 2018. With the federal interest rate at 2.5 percent, buyers and sellers are seeing a market that is active on both sides. An interest-rate cut further in the year would directly impact adjustable-rate mortgages, according to a June 2019 Florida REALTORS® report. Because of this, we have seen a 4.5 percent increase in pending listings and an 18.2 percent increase in closed listings in May 2019 compared to last year. Although economists predict a cut in the federal rate come 2020, BER real estate experts do not recommend waiting to buy or sell until this happens. “The market is seeing a positive influence currently based on the steady interest rate, waiting for it to lower even further could cause you to miss out on a successful, lucrative transaction now, whether it be a purchase or a sale,” states Ursula Weinkauff, BER board president.

 

“When buyers and sellers are trusting in the stability of the economy, both locally and nationally, we see an increase in transactions. With the federal interest rates predicted to decrease even further, we will see even more of an increase in real estate purchases and sales as 2019 comes to a close and we enter the 2020 busy season,” stated broker/owner and committee chairman, Joe Pavich, Sr.

 

Overall inventory in the Bonita Springs and Estero markets saw a 4.5 percent increase in homes for sale over the last year with the median sales price also increasing at 5.7 percent.

 

The Bonita Springs-Estero REALTORS® May 2019 Report shows these overall findings for both single-family homes and condominiums combined.

 

To ensure your next real estate transaction in the Bonita Springs or Estero market is a success, please email Kim or Barry with the Hoey Team ☘ Brokered by eXp Realty at Barry@SWFLLuxury.Com or, Call/Text the Hoey Team:  (239)-360-5527 with questions or for more info on Bonita-Estero or any other part of SW Florida where we specialize. 

Thanks.

Barry & Kim with the Hoey Team 

Barry Hoey PA, REALTOR®, GRI

Full time Real Estate Broker Associate

 

Kimberly Zuponcic PA, Realtor

Full time Real Estate Sales Associate

 

Buying-Selling-Leasing-Relocation-International

"Your Real Estate Concierge"

Barry@SWFLLuxury.Com

Call/Text the Hoey Team ☘:  (239)-360-5527

eXp Realty

Mid & Southwest Florida

For Agents, Teams, & Brokerageswww.itsTheFutureOfRealEstate.com REALTORS, please let me know if you can join us in person / virtually at one of our upcoming informational 45 minute meetings on how to “Grow Your Business And Add Residual Income”; or to one of our online webinars?

For Agents, Teams, & Brokerageswww.BarryHoey.Com   

 

Search USA:   http://BarryHoey.eXpRealty.com/app.php

 

Search Mid Florida:    www.HoeyTeamMidFlorida.eXpRealty.com

 

Search SW Florida:    www.BarryHoey.eXpRealty.com

Hoey Team  Exclusive Listings; 3D Tours 24/7:    www.SWFLVRE.com 

Hoey Team  Listings & info page:   https://www.facebook.com/BarryHoeyPA/

Member of The Institute for Luxury Home Marketing®

Your Real Estate Resource in Southwest Florida and beyond

New Construction Community Negotiator

"Practicing Professional Standards of Excellence"  

Also; please check out the other Pages; Blogs, and tabs to many other informational Links, Updates & Reports that we have here on our Hoey Team informational website.  

 

"We hope that you find the information useful.  If you have any questions, please do not hesitiate to contact Barry or Kim with the Hoey Team  email us at: Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com or Call/Text the Hoey Team at:  (239)-360-5527 

 

Please Share this Page with anyone who you think the info will help. It’s good for all of us to be informed.

Feel free to refer any family or friends; we are NEVER TOO BUSY not to be able to help; along with your testimonials which we have here on our website, YOUR REFERRALS are the greatest compliment that you can give to us; and you are helping others too.  We appreciate referrals; and we will genuinely help in any way we can. 

Most of our business is referrals by word of mouth from past Sellers and Buyers who we have helped; as well as fellow REALTORS who refer Sellers and Buyers to us also; even within SWFL; please ask for and check out our testimonials if you cannot find them on our website. 

Thanks, Barry & Kim