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
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02/18/2007
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
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02/17/2007
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
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02/14/2007
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
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02/13/2007
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
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02/12/2007
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
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02/08/2007
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
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02/07/2007
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?
02/07/2007
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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02/07/2007
We LOVE referrals. If you have a client moving into southwest Florida please consider allowing us the pleasure of assisting them. With over 20+ years of experience in this area we can help guide your most important clients through the home buying or selling process. You may call or email me anytime.
02/06/2007