Naples movers want you to know that if you are looking to move to the Southwest region of Florida, Naples real estate is hot and selling fast! Nationally, the economy is doing well, and it can be shown through the rise in real estate. Florida is a prime location for real estate and low mortgage rates right now, but Naples real estate is sizzling!

The 2015 Annual Naples Area Board of Realtors (NABOR) Economic Summit was held at the Naples Grande Beach Resort earlier this month; where the committee reviews the state of the local housing market and how it is impacted by global, state, and regional influences. Over 400 were in attendance this year and, according to Vice President and Manager of the residential division of Naples-based Carroll and Carroll Real Estate Appraisers and Consultants Cindy Carroll, the summit revealed a stabilization of the real estate market across the board in Naples; even surpassing peak 2005 levels.

“Neighborhoods broken down by ZIP codes seem to make a lot more sense than when it’s broken down by price range,” she said. “It’s about location, not price range, it’s how close you are to the beach, which drives your value.”

Carrolls further went on to mention that condos have not had as much of a jump as single-family homes.

John Tuccillo, the chief economist at Florida Realtors and the former chief economist at the National Association of Realtors explained that, “There is a very close correlation, between million-dollar-plus home sales in Florida and the Dow (Dow Jones Industrial Average), so it’s kind of an indicator or where home sales are going to do. In addition, transportation and infrastructure investments in Southwest Florida could help spur economic development, leading to a stronger local economy and higher home sale prices”, Tuccillo said.

So if your family is looking to move to Naples, now is the perfect time to do so, and jump on the houses quick because they are selling exceptionally fast!