We knew Naples was number one! But now the whole world knows too! Well, at least U.S. civic leaders.
According to a new report by the U.S. Conference of Mayors, Naples is currently heading the list of cities expected to see the most economic growth in 2016. The report predicts that the Naples economy will grow nearly five percent next year.
Florida overall is doing well in that department, due to the huge upswing in baby boomers retiring to communities in the Sunshine State. In the last few years, it had been oil towns that topped the growth charts, but as the energy boom continues to diminish, so has the related population growth in those areas.
Out of the top 18 predicted economic growth areas, Florida cities showed up in half of the listings, with the Naples-Immokalee-Marco Island area coming in first at 4.9% projected growth. Sebring (4.8%) was a close second, The Villages (4.7%) third, and Cape Coral-Fort Myers (4.5%) a close fourth.
It looks like a great time to consider buying and/or selling real estate in Naples!
