Question: What is the coolest way to announce a 14.3% reduction in the asking price of your $6.995M Fort Myers Riverfront estate home? Answer: Advertise with a $1M coupon in local and snowbird area newspapers! The home in question is located at 1210 Gasparilla Drive in the York Manor section of Fort Myers and was [...]
[more] →According to Preliminary reports by the Lee County Property Appraiser, property values in Lee County have on average dropped by 25% over the last year. The key driver is that over 80% of our arms length transactions have been distressed sales.
[more] →One of the things that often makes me cringe is reading the bios on other Realtor’s websites. Especially here in Southwest Florida, many open with “originally from________. It is fine to be from somewhere else, but just don’t tell us in your opening sentence. Others tout being a recent graduate of ABC School of Real [...]
[more] →Here is a new scam regarding Chinese drywall. Someone is posting fake notices that an inspection has found Chinese drywall inside of several Cape Coral homes in foreclosure. Most of the homes are due to be auctioned and the theory is that someone is trying to scare off other bidders to get a better deal [...]
[more] →If there is a silver lining in the SW Florida real estate bust, it is that I no longer get stacks of low-ball mail solicitations for vacant lots that I own in Cape Coral. Today, a different sort of Cape Coral vacant lot solicitation was sitting in my mailbox. It was an offer from the [...]
[more] →The auction of 75 units at the Fort Myers riverfront high-rise building, the Riviera, will take place today. The auction is being held off-site at the Harbourside Event Center and starts at 11:00 AM. If you are planning on bidding, you will need a cashiers check for $10,000 per unit. Here is a resource to [...]
[more] →The latest data released by RealtyTrac and reported by NBC2 reveals that foreclosures in the Fort Myers-Cape Coral area were up 31% for the month of April 2009. In April, a staggering one in 57 homes in the Fort Myers-Cape Coral area received a notice of foreclosure. This ratio ranks our region 2nd in the [...]
[more] →The most expensive home to sell in Lee County Florida during April 2009 was a Bonita Bay high-rise condo located at 4931Bonita Bay Boulevard, #1710, Bonita Springs. This Azure Tower condo is 4,240 SF and features 3BR and 4BA. The selling price was $1.925M / $454 SF. Congratulations to selling Realtor Jim McCormick of Premier [...]
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