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Naples-Marco Island significantly beat out the Miami-West Palm area, again, while North Port-Sarasota-Bradenton was third, Cape Coral-Fort Myers remained in the top 10 at sixth and Punta Gorda was at number 12.
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Bonita and Estero made huge gains in terms of market values. Fort Myers Beach and Sanibel saw significant losses.
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The state this week pushed back against a challenge to a new law that restricts people from China and six other countries from owning property in Florida, disputing arguments that it is unconstitutional and discriminates based on “race and national origin.”
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Of the top five spots, the Naples-Immokalee-Marco Island area reported a median home price of $810,000; Miami-Fort Lauderdale-West Palm Beach was at $610,000; North Port-Sarasota-Bradenton was at $513,000; Cape Coral-Fort Myers reported in at $445,000, and the Crestview-Fort Walton Beach-Destin was at $441,500.
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A new Community Development Block Grant (CDBG) Homeownership Assistance Program is available to provide down payment assistance to those with qualifying income.
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The U.S. dollar is strong against the Canadian dollar and the Euro. It's a financial situation that's good for Americans traveling abroad but a worry for…