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Dan Skelly Real Estate Agent in Colorado and Florida Discusses His Two Markets

Markets in Colorado and Florida are starting the spring in the seller’s favor due to lower inventory. The Real Estate Market: From Mountains to Manatees the Market is Good


Evergreen, Colorado, USA – WEBWIRE

I work 2 pretty different markets, Naples Florida and Evergreen [Denver] Colorado and both markets are starting the spring season strong for sellers ~ Dan Skelly Broker/Owner/Agent Orson Hill realty

In an exciting revelation, Dan Skelly, the esteemed Broker/Owner/Agent of Orson Hill Realty, shares, “I have the privilege of working in two distinct markets, Naples, Florida, and Evergreen, Colorado. Both are ushering in the spring season with a robust start for sellers.” The real estate market across the United States is demonstrating an encouraging upward trend, with the Cape Coral-Fort Myers, Naples-Immokalee-Marco Island, and Denver-Aurora-Lakewood housing markets leading the charge.

The Cape Coral-Fort Myers housing market has been a beacon of positive price growth over the past three years. The median home price currently stands at an impressive $372,667. This market’s strength is largely due to the majority of buyers having access to government-backed financing. The local National Association of Realtors (NAR) leadership, under the guidance of Eric Sain, has played a pivotal role in this growth. Housing equity gains in this region range from $151,900 to $472,030, with the FHA loan limit set at $414,300. Despite a slight deceleration in price growth, the gains over the last three years have sustained the trend of positive growth post-recession.

The Naples-Immokalee-Marco Island, FL housing market has also been a hotbed of positive price growth in the last three years. The current median home price is a staggering $1,089,300. However, limited access to government-backed financing in this market has somewhat hampered home sales. The 7-year housing equity gain stands at $368,000, while the 3-year and 9-year housing equity gains are $485,000 and $672,750, respectively. The FHA loan limit is $387,000, and the conforming loan limit is $175,767.

The Denver-Aurora-Lakewood housing market, nestled in NAR region 11, has witnessed a price increase from a year ago, albeit with a slowing growth rate. The current median home price is $372,667, with a 1-year appreciation of 3.6%. Housing equity gains range from $151,900 to $360,700. Not all buyers have access to government-backed financing in this market. The FHA loan limit is $787,750, and the conforming loan limit is $175,767.

These markets are a testament to the diversity and strength of the real estate market across the country. From the majestic mountains of Denver to the graceful manatees of Florida, the market is demonstrating resilience and growth, offering a plethora of opportunities for buyers and sellers alike. As Dan Skelly, Broker/Owner/Agent of Orson Hill Realty, succinctly puts it: “Both markets are starting the spring season strong for sellers.”

For more information, please refer to the detailed reports linked above. This press release provides a snapshot of the current state of the real estate market in these regions, but the situation is dynamic and subject to change. Potential buyers and sellers are advised to consult with a real estate professional to understand the specifics of their local market.

Contact: Dan Skelly Broker/Owner/Agent Orson Hill Realty Evergreen, Colorado, USA


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