One of the greater Fort Myers area real estate statistics that I monitor is the ratio of selling price to listing price. We are currently experiencing very high selling price to listing price ratios, currently at 96% over the last 30 days for residential sales in Lee County. This SP-LP ratio is up from 90% [...]
[more] →Great to see the News-Press give some face time to the Pine Island real estate market. Pine Island offers its residents a very different laid-back lifestyle that is rapidly disappearing across Southwest Florida. There was never much speculation and over-building, and Pine Island foreclosures rarely come on the market. If you are down here visiting [...]
[more] →Florida Weekly dives into the Southwest Florida real estate market with an article titled, Bipolar Housing. Several local real estate pros are interviewed and give their thoughts and opinions on the roller coaster ride that is our housing market. The nation is taking notice of our low prices, Fort Myers foreclosures and Cape Coral foreclosures [...]
[more] →Florida Realtor Magazine interviewed yours truly for a piece on blogging called “High on the Blog.” Hard to believe that I have been posting here for five years. Over this timeframe, the SW Florida market sure has been a roller coaster ride with some very high peaks and some pretty low valleys. I wore out [...]
[more] →The most expensive home to sell in Lee County Florida during February 2009 was a single-family lake-front, gulf-access home located at 522 SW 52nd Street in Cape Coral. This home is located in Southwest Cape Coral in Unit 44-1 and has frontage on one of the Cape Coral’s beloved Eight Lakes. This home is 4,23 [...]
[more] →Cape Coral has been widely recognized as ground zero for the foreclosure crisis. The net-net is that there are many homes going through the foreclosure process and coming back on the market as bank-owned listings. To quickly sell the property, pricing for these properties has often times been well below the market value. Cape Coral [...]
[more] →Wow…….. In the month of February 2009, 78% of the home sales in Lee County were distressed properties. Of the 827 total homes that sold in the Fort Myers area 542 (65%) were foreclosed homes, 107 (13%) were short sales and 181 (22%) were non-distressed transactions. With the ongoing capitulation from many of our nation’s [...]
[more] →Fort Myers MLS Map Search
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