Naples, Florida August, 2013
Naples Real Estate, Investor Reports
Naples, Florida Real Estate Investors Search for Scarce Last Minute Deals before the 2014 Vacation Rental Season
In preparation for the upcoming 2014 vacation rental season, real estate investors eye Naples, Florida in search of the few remaining profitable rental properties left on the market from the previous 2013 season. Overall, prices continue to climb each month, as the inventory of local property remains significantly lower than the demand.
Real estate investors scramble to snatch up hard to find needles in the Naples property haystack. The 2013 vacation rental season in Naples, Florida bounced back from previous years with strong performances in both rentals and sales. The local property inventories were depleted and have yet to match the increasing demand. Prices continue to rise each month, while investors haggle for the limited, profit generating rental condos and houses before the upcoming 2014 season.
The market has also experienced an increase in Canadian real estate buyers due to weakening markets in Canada, warm weather, tax incentives, and the strength of the Canadian dollar in recent years.
“Investors need the numbers to work for them financially in order to commit and turn a profit. The deals are still out there, although they becoming more difficult to find. Time is running out for those seeking to secure a purchase and have it ready for the upcoming 2014 season.”
Vito Bauer – Principal Realtor “Trusted Source for Homes in Southwest Florida”
Cell: (239) 777-7080, email: Vito.Bauer@BauerInternationalGroup.com
BAUER INTERNATIONAL GROUP – YOUR LUXURY NAPLES FLORIDA HOME DESTINATION
CALL VITO FOR PRIVATE, CONFIDENTIAL AND FREE REAL ESTATE CONSULTATION
Cell: (239) 777-7080