Naples and Collier County Bucking the Trend of Rising Foreclosures

If you’ve been keeping up with national real estate news, you might have seen headlines about rising foreclosure rates across Florida. Lately, I’ve been getting calls from buyers and investors asking, “Where are these foreclosures happening in Naples?” Here’s the good news: Naples and Collier County aren’t seeing these increases. While some parts of Florida are experiencing higher foreclosure rates, our area is actually trending in the opposite direction 

What the Data Says

A recent report from Attom, a real estate analytics firm, showed a mix of foreclosure activity nationwide. In November, foreclosure filings—things like default notices, scheduled auctions, or bank repossessions—dropped by 9% compared to last year. That’s great news overall. But Florida stood out as one of the few states where filings went up, alongside Nevada and Connecticut. Statewide, Florida had one foreclosure filing for every 3,047 housing units in November, higher than the national average of one in every 4,795 units. Miami even had the fourth-highest foreclosure rate in the U.S., with one filing for every 2,551 housing units. So, what about closer to home? Collier County and Naples are bucking this trend. Our foreclosure rates actually dropped both month-over-month and year-over-year, even as some other parts of Florida, like Charlotte County, saw dramatic increases.

Why Is Collier County Different?

Naples and Collier County are unique. Our real estate market is driven by a strong mix of cash buyers, second-home owners, and retirees who aren’t as impacted by rising interest rates or economic shifts. We also tend to see less speculative buying compared to other Florida markets. These factors help keep foreclosure rates low in our area.

What This Means for Buyers and Sellers

If you’re a buyer or investor hoping to scoop up a foreclosure deal in Naples, you might be out of luck—for now. The Naples market continues to be strong and stable, with limited distressed properties available.
For homeowners, this is a reassuring sign. Even with shifts in the national economy, Collier County’s housing market remains resilient.

Final Thoughts

While Florida’s foreclosure rates are making headlines, it’s important to dig deeper and look at local trends. Naples and Collier County are holding steady, showing that not all of Florida is experiencing the same challenges. If you’re curious about the local market or want to explore opportunities in Naples real estate, contact me today. For more details on buying or selling real estate in Naples, Florida, contact Naples Florida Realtor Mike Shoaff. I’m here to help you navigate the market with confidence.