There was a surge in new home sales last May, based on information from the U.S. Commerce Department. For Naples real estate , this is great news. New, single family home sales rose by 4.6 percent, according to analysts.
This increase stunned economists who were estimating the market would slow, due to soaring mortgage rates. Only a slight slowdown is projected even though the mortgage rates are expected to keep rising over the following few months. There hasn't been a better time to buy a great Naples home .
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