http://www.naplesnews.com/story/money/real-estate/2016/09/03/southwest-florida-building-boom-boon-buyers/89259640/
Between the election, oil prices, oversupply, & last years mild winter in the north we are seeing a lull in the market which might push prices down and allow you to get great deals or incentives on new construction.
“The new home market in Lee and Collier County has softened along with the rest of the residential market,” said Mike Timmerman, a Naples-based economic adviser to builders. “The supply has increased, and demand has slowed, which is putting pressure on pricing."
But the biggest reason for the market cool down, industry experts agree, is oversupply.
“Builders got too exuberant and built too many houses,” said David Cobb, southern regional director of the new home research group MetroStudy, at a meeting Wednesday of the Collier Building Industry Association in Naples.
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