Four regions in Southwest Florida landed in the Top 20 of the winter ranking of the Emerging Housing Markets Index from The Wall Street Journal and Realtor.com — Naples-Immokalee-Marco Island, North Port-Sarasota-Bradenton, Cape Coral-Fort Myers, and Punta Gorda — underscoring the Gulf Coast’s allure to homeowners and investors both nationwide and abroad.
The Index looks at the largest 300 metropolitan areas in the United States and reviews data in the housing market, economic vitality, and quality of life to determine areas attractive to potential homebuyers and investors.
Florida's West Coast came in strong! The Naples area jumped 64 spots to number 1 from the fall ranking, and the Sarasota area moved up 15 spots to number 2. Punta Gorda came in at number 15 in the winter ranking, up 55 spots, and Cape Coral-Fort Myers ascended 106 spots to number 6.
According to a Jan. 25 article in MarketWatch, “Each housing market is evaluated based on a range of factors related to real estate, economic vitality and quality of life. The emerging markets represent places where home-price growth is expected to be stellar, while also having other attractive amenities.”
No doubt that among those amenities is having access to some of the most beautiful beaches in the country!