Last May showed a surge in new home sales, based on data from the United States Commerce Department. For Naples real estate , this is fantastic news. According to real estate analysts, new, single family home sales rose by 4.6 percent.
This boost shocked economists. Because of rising mortgage rates, the market was expected to slow down. Only a minimal slowdown is predicted despite the fact that the mortgage rates are expected to continue to rise over the following few months. Now might be the best time to buy a great Naples home .
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