The Real Deal
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
Getting mail as a kid was always fun, especially the cards from relatives that you hardly remember, but look forward to hearing from on your birthday and at Christmas. There would be that nanosecond pause, just before you ripped the card open, as you imagined how much loot was on the inside.I don...
04/12/2007
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According to the Commerce Department who reported Monday that sales of single-family homes dropped 3.9 percent last month to a seasonally adjusted annual rate of 848,000 units, the slowest pace in nearly seven years. The decline followed a 15.8 percent plunge in January, the biggest one-month dec...
03/26/2007
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We over half way through our "season", the time of year when all businesses expect to flourish with a rush of flocking customers escaping the winter weather up north. For Home and Condo sales these are important metrics on how the year will go. So far we are pleased that levels have maintained a ...
03/16/2007
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There are 5178 homes for sale and of these 51% sit at the original asking price. 49% have been reduced in price by an average of $45,000 or just under 12% from the original listing price. Since many homes are relisted now several times before they sell this may be a bit skewed. Still I think it s...
03/13/2007
In order to get an idea of where the buyers are I looked at the 60 listings that are currently pending and this is how they breakdown. This is from the MLS hotsheet which summarizes the last 3 days or so. They breakdown as follows for single family existing home sales for Lee County Florida.75% o...
03/07/2007
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This is a great group of people. A good event for any one interested in real estate investments and making money.Michael Polly FUTURE WEALTH CLUB PRESENTSCAPE CORAL KICK OFF CELEBRATION !Wensday March 14th at 5:30 PMThe Cape Coral Yacht ClubGrand Ball Room5819 Driftwood PkwyGuest Speaker:Resident...
03/05/2007
If you purchased a home last year during 2006 it is now time to file for your homestead exemption. To qualify you must be a Florida resident and live in the home as of January 1. The Lee County property appraiser website has all of the details and forms necessary to file. http://www.leepa.org/Exe...
03/05/2007
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The News Press reported yesterday that Bonita Springs based WCI Communities had a rough 4th quarter. They got over 270 orders, but, they got over 260 cancellations or homes back into the system. At a net sales ratio of 10+ it will take a while for them to get rid of the inventory they have. Remem...
03/01/2007
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Sometimes the cold hard truth is hard to take. Especially when it means a seller may be upside down and have to bring money to close. I can't tell you how many times lately when we've ask potential sellers in an interview, "What is most important to you". The reply was honestly. True sellers in t...
02/26/2007
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It seems that as the Lee County real estate market hunts for support some areas are getting closer. Waterfront gulf access homes in particular are looking very attractive. It is important to quantify waterefront homes and know things like idle time to open water, mean low tide depth, canal width,...
02/26/2007
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Lee County Florida's Real Estate Market
The ins and outs of sticking your toes in the sand when the sun is beating down in December. Finding just the right home or condo in Fort Myers or Cape Coral. Helping people understand to to buy and deal with foreclosures, bank owned REO properties and short sales. Opportunites exist and The Real Deal is my attempt to give you my perspective from the heart of our real estate world here in south west Florida.