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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary
RECENT BLOG POSTS
  The median price of existing single family home sales in the Greater Fort Myers area hovered at $100,000 an increase of 9.9% from May 2010. The median price does represent a decrease of 2.9% month over month.             Median Price by City 2009 2010 2011 Fort Myers $ 110,050 $ 115,000 $ 126,0...
06/13/2011
U.S. Economy at a Glance: Perspective from the Bureau of Economic Analysis Accounts BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture o...
06/11/2011
ECONOMIC RECOVERY WIDESPREAD ACROSS STATES IN 2010  Advance 2010 and Revised 2007–2009 GDP-by-State Statistics June 2011 Advance 2010 and Revised 2007–2009 GDP-by-State Statistics Real gross domestic product (GDP) increased in 48 states and the District of Columbia in 2010, according to new stat...
06/11/2011
Defying all the talk of a potential Social-Media bubble, Morgan Stanley AM has bought 2% of LinkedIn for approximately $147M. In a filing released on Thursday afternoon, the asset management arm of Morgan Stanley disclosed that it had purchased 2,044,717 shares, or 22.7 percent, of LinkedIn Class...
06/10/2011
        Current Economic Conditions                              by Federal Reserve                           June 2011                                 Real Estate and ConstructionResidential real estate activity improved since the last report. Most Districts noted an increase in home sales and c...
06/10/2011
  Employment in the nonfarm private business sector rose 38,000 from April to May on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today.  The estimated change of employment from March 2011 to April 2011 was revised down slightly to 177,000 from th...
06/02/2011
Consumer confidence among Floridians remained flat in May at 68. Among the five components two declined, one increased and two remained unchanged.  1.   Perceptions of personal finances now compared to a year ago fell four points to 52. 2.   Perceptions of personal finances a year from now incre...
06/02/2011
Date                              Amount           Party 1                                    Party 2  10.  5/23/2011          $2,400,000      FIRST BANK                     LOVE A CHILD HOLDING LLC 9.   5/23/2011          $2,500,000      BARNES THOMAS C           JOHNSON MERCEDES TRUSTEE  8.   5...
05/31/2011
  Since the GSEs were seized by the government in late 2008, they have completed modifications on 849,000 mortgages. The sale of these assets is one option being discussed as part of the agency’s strategy to shrink Fannie Mae  and Freddie Mac portfolios. Edward DeMarco, acting director of the Fed...
05/31/2011
Regional and state unemployment rates were generally little changed or slightly lower in April. Thirty nine states recorded unemployment rate decreases, three states and the District of Columbia registered rate increases, and eight states had no rate change, the U.S. Bureau of Labor Statistics re...
05/31/2011