The November 2009 Credit Suisse Monthly Survey of Realtors confirms what we are currently seeing in the Fort Myers market.
Pre-retirement baby-boomers are taking a serious look for a second home in Southwest Florida. Our highly discounted prices are very enticing and the continued strength of the stock market this year are two of the key drivers for this class of buyer. Most of the buyers in this category are paying cash. This opens the market up to deeply discounted condo projects that are currently not finance-able with conventional mortgages.
Here is an excerpt from the Credit Suisse report:
Here is a resource to view Fort Myers real estate including all the currently available active listings. There are interesting bargains to be had across all housing types and pricing levels.