Sanibel Real Estate Blog: New-home sales climb

The AP has just reported that Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years. Thank you to low mortgage rates!

New-home sales jumped 12.4 % last month- the best jump since October 2007. The demand has eclipsed the pace of construction, just 4.3 months of supply is on the market nationwide, down from 5.2 months  last year at this time.

If you are looking for a new home in the Fort Myers or Sanibel area, we can provide all of the info  that you need. If you are interested Sanibel real estate resales(not much new on Sanibel!) , check out our website at or give Chuck a call anytime at 239-849-3396 with Sanibel real estate help. Kimberley has the info on new home sales in Ft. Myers, so if brand new floats your boat, give her a call anytime at 239-935-9235.


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