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Real estate is hot once again. Median home sale prices across the nation are 17% higher than they were just one year ago. Current conditions seem reminiscent of the housing boom before the Great Recession so many homeowners in our region are feeling déjà vu and worry that current conditions represent a housing bubble like we saw in 2007.
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Americans’ grocery shopping habits changed significantly during the COVID-19 pandemic, forcing retailers to find new ways to provide essential goods and services. Half of U.S. consumers now say they purchase at least some of their groceries online. Will traditional grocers expire as consumers continue to shop from the comfort of their home?
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Amazon and others are building hundreds of thousands of square feet of industrial space in our region. Is Southwest Florida getting over-built? CEO & Principal Broker Gary Tasman breaks down the Q1 Industrial Marketbeats report and explains why this trend isn’t likely to slow down any time soon.
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The Southwest Florida commercial real estate market is white-hot, and many property owners are hoping to take advantage of high values by selling their assets. While some buildings and land will be snapped up quickly by eager buyers, other properties are likely to languish on the market for months—or even longer—with little interest from potential investors. Generally speaking, there are four reasons why your commercial property isn’t selling.
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