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Southwest Florida Real Market Update, With Angela Lutzi Dellatorè

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Editor's Note: Bonita Springs real estate expert Angela Lutzi Dellatorè of the Dellatorè Group talks about the latest in the Southwestern Florida market.

Now that Summer is close to ending, what do you see as the takeaways from the last six months? 

I never would have predicted such a strong market back in April, when everything came to a screeching halt. The market is stronger than ever with extremely low-interest rates driving buyers into the market. "Work" as we know it, has also changed. Everyone's dream is to retire in Florida. We have seen those people who are still years away from retirement buying homes on the west coast of Florida. The majority of those buyers are looking for larger homes with in-home office space. Why work from gloomy, gray New York City all winter long when you can work from home and take your lunch break on the beach!

Angela Lutzi Dellatorè & Scott Dellatorè 2Photo Credit: Robb Thiel

What activities can be done around this time in Bonita Springs?

Restaurants, boating, beachcombing, driving the coast, strolling up and down the picturesque streets of Downtown Naples, Fort Myers, and Bonita Springs, HOME SHOPPING!

Is there an area from which buyers are relocating to your market?

We are seeing many more Northeasterners than ever before. We typically see a ton of Midwesterners.  People from the Northeast are doing their research and choosing the West Coast of Florida because you can get so much more for your money on this coast.  You can also find more undeveloped land and larger living spaces than in other coastal areas of Florida. And then there is the WEATHER! It's a laid back area with so much to do!!

Angela Lutzi Dellatorè & Scott DellatorèPhoto Credit: LaCasa Tours

How has your market been doing so far this year compared to this time last year?

We have doubled our sales volume from this time last year.

 

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