There was a surge in new home sales last May, according to the U.S. Commerce Department. This is fantastic news for Naples real estate . New, single family home sales soared by 4.6 percent, said market analysts.
This jump surprised economists. Because of soaring mortgage rates, the market was projected to slow down. Only a slight slowdown is predicted despite the fact that the mortgage rates are expected to continue to rise over the next few months. Now may be the best time to buy a great Naples home .
|