Starter-home market cools, buyers gain leverage

With the starter-home market cooling, I'm seeing more opportunities open up for buyers—think more affordable listings, price reductions, and less of those intense bidding wars. This shift has led to a 5.4% drop in sales for starter homes, while luxury sales have actually increased by 6.2%. Even with mortgage rates hovering around 6.8%, there’s a bit more breathing room for buyers to make thoughtful decisions without rushing. Having guided many clients through the ups and downs of the Naples and Southwest Florida market, I know how these trends can shape your options—whether you’re searching for your first home, a community gem, or a waterfront retreat. Now could be a great time to explore what’s available and make a confident move toward your next chapter in Florida.

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