The ins and outs of the Lee County Florida's Real Estate Market - Fort Myers, Cape Coral, Lehigh Acres and the beaches and islands of Lee County.
RECENT BLOG POSTS
This article ran over almost one year ago.I don't think any could predict the level of inventory we see today. The build up in resale and new home has put a vise on our market. Read this article and you'll see that everyone thought it was a short time frame before recovery. The truth is most mark...
Housing Data Housing starts plunged 14.3%. it's what you would expect." But maybe that's not quite true. The lowest estimates were for about 6% above what the actual number came in at (a 1.4 million starts pace, down from 1.6 million). The number of homes that are under construction declined, the...
Information can be dangerous and when the public is presented with the information in the media can be deadly. Wayne Archer, UF Professor spoke on NBC 2 and said the market had hit bottom for the single family market but not the condo market. His source was a survey of 300 real estate people. Be ...
The headlines today in the News-Press read "Riverfront high-rise faces suit". A grass roots group wants to challenge if the project should be built because of its impact. The River District is going to be a wonderful place when the city figures out that the downtown area has to be more than a pas...
Demand and inventory have had an inverse relationship in all areas of the county. Fort Myers Beach is no exception. I have a house on Fort Myers Beach that we split time between there and our home off McGregor Blvd. What I see is that the price levels on some of he beach inventory has reached to ...
The more I search for properties the more deals I find. Homes that are now discount 2-3 years in time. When I first moved to Lee County after vacationing here for 10 years, we purchased a home my wife and I could both agree on. It had to be new, in a nice community and "close" to the water. River...
The Florida Assocation of Realtors posted they latest on doubling the homestead exemption. You can read the entire article here: http://www.floridarealtors.org/NewsAndEvents/n1-020707.cfm This along with the portability of taxes will have a great impact on move up buyers. People who already live ...
What makes a good market good. A few years ago sellers loved the market. Today buyers love the market. A bad market is only bad for one half. Why is it a bad market when buyers, those creating demand are the ones who benefit. When sellers benefit from the market it is a good market. Hummmmm?
I talked with a representative from DR Horton today about a new community they are building off of Winkler. When we asked what was number one objection they heard, the answer was "I have a home to sell". While some traditional buyers of exisiting resale homes have taken advantage of the discounts...
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