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October 2025 Southwest Florida Real Estate Market Update: Momentum Builds as Inventory Rises and Buyers Return in Force

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October 2025 Southwest Florida Real Estate Market Update: Momentum Builds as Inventory Rises and Buyers Return in Force The Royal Palm Coast Realtor® Association (RPCRA) released its October 2025 market statistics covering Lee and Hendry counties (including Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, Bonita Springs, Estero, Sanibel,...Read More
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October 2025 Sanibel & Captiva Islands Real Estate Market Report: A Clear Shift Toward a Balanced (and Still Resilient) Island Market

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October 2025 Sanibel & Captiva Islands Real Estate Market Report: A Clear Shift Toward a Balanced (and Still Resilient) Island Market As the high season approaches on Sanibel and Captiva Islands, the October 2025 data from the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service (MLS) paints a...Read More
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Navigating Condo Financing in Fort Myers Beach: 2026 Outlook

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Buying a condo in Fort Myers Beach in 2025 remains a unique proposition, especially as the area continues its resilient recovery and rebuilding. While the post-storm market offers opportunities for buyers, securing financing requires navigating specialized guidelines.   The Two Biggest Hurdles: Association Health and Insurance   The key challenges...Read More
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September 2025 Southwest Florida Real Estate Market Report: Sanibel Island Homes for Sale, Captiva Luxury Properties, Fort Myers Housing Trends & RPCRA Insights

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September 2025 Southwest Florida Real Estate Market Report: Sanibel Island Homes for Sale, Captiva Luxury Properties, Fort Myers Housing Trends & RPCRA Insights Unlock the latest Sanibel Island real estate market update, Captiva homes for sale statistics, Fort Myers homes for sale trends, and Lee County housing market analysis for...Read More
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Mortgage Applications Increase Last Week

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According to data from the newest Mortgage Bankers Association's Weekly Survey, applications for new mortgage increased by 3.2% this past week. Refinance mortgage applications increased 3% during this period marking a volume 85% lower than this same week last year. Refinance application made up 29.4% of total application volume, which...Read More
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Latest Survey Shows Lower Mortgage Application Numbers

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According to data from the Mortgage Bankers Association's weekly survey, mortgage application volume decreased 1.9% for the week ending December 2nd. Refinance volume actually increased 5% from the previous week, but was still 86% lower than this time last year. Purchase volume was 40% lower now than this same time...Read More
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Mortgage Numbers Dip This Week

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According to the newest survey from the Mortgage Bankers Association, new mortgage application numbers decreased 1.7% this past week. When compared with this time last year mortgage applications saw a 42% decrease year-over-year. This also marked the 10th consecutive week that the average 30-year fixed rate has increased, making it...Read More
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Latest Survey Shows 2% Decrease in Mortgage Applications

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According to the newest weekly survey from the Mortgage Bankers Association, mortgage application volume decreased 2.0% during the week ending October 7th. Refinance applications were down 86% from this time in 2021 and made up 29% of total applications during last week's period. The decrease in application volume comes as...Read More
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Mortgage Applications Down 23% Year-Over-Year

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According to new weekly data from the Mortgage Bankers Association, mortgage application volume dropped 3% compared to the previous week and 23% total year-over-year. 30-year interest rates have hit their highest level since June, causing interest in refinances to drop. Refinance application volume was only 30.7% of total applications this...Read More
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New Survey Shows Another Decrease in Mortgage Applications

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According to a survey from the Mortgage Bankers Assocation, new mortgage application volume decreased 3.7% during the week ending August 26th. Refinance volume was 8% lower this week than last week and 83% lower than this time last year. Mortgage rates were on the rise once again, pulling back interest...Read More
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Buyers Are Taking Their Time

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In today's real estate market, buyers are deciding to take their time and be more picky in their home purchasing plans. The market still points to being a seller's market, but the higher interest rate environment is causing homes that would previously be affordable to exit some buyer's price ranges....Read More
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YOY Home Price Growth Up 14%

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According to the S&P CoreLogic Case Shiller Index, home prices grew 14% year-over-year. Even though the monthly growth rate may be slowing, home price growth is still happening. It is estimated that there is now 10.9 months of inventory based on the last existing home sales report. The National Association...Read More