Just as we were getting ready to dump some tea from the Midpoint Bridge over our continued frustration with banks delaying short sale approvals……..the fairy princess of short sales has come to Southwest Florida and is approving these deals in droves!
We have a file draw full of short sale offers that we have made for clients, some stretching well back into 2009. In recent days, banks have started aggressively working many of these offers
[more] →For many visitors to the Fort Myers area, Summerlin Road is among the first road traveled as it offers the most direct route from RSW to the popular tourist destinations of Sanibel, Captiva and Fort Myers Beach. From my point of view this is truly beneficial for the area as Summerlin Road is lined with both protected natural beauty as well as a number of highly-regarded residential developments.
Summerlin Road is primary north-south corridor in Fort Myers running from Colonial Boulevard in the north to McGregor Boulevard in the south. A February 2009 Lee County DOT traffic study estimated that on average 31,200 vehicles a day were using Summerlin Road near the intersection of Winkler Road.
[more] →TripAdvisor named Sanibel as one of its Travelers’ Choice 2010 winners in the beach & sun category. A TripAdvisor award is the real deal as winners are derived from millions of real and unbiased reviews and opinions on the TripAdvisor website.
Sanibel has almost completely erased the damage caused by Hurricaine Charley and is back firing on all cylinders as a world-class destination.
[more] →Have you ever looked at Sanibel condos and passed because the prices were outside of your comfort zone? It just might be time to take another look as prices have compressed in the Sanibel condo market.
At present, there are nine condos listed for sale with asking prices below $300,000. Six of these are 2 BR units with a minimum of 750 SF of living space.
[more] →One of the most succinct ways to summarize our real estate market in Southwest Florida is that right now it is a good time to be a buyer and a challenging time to be a seller.
A Forbes study ranks the Cape Coral-Fort Myers market at -8% for home-equity-to-home-value, the second worst in the nation. This current underwater position is a dramatic a shift from the 68% home-equity-to-home-value that Southwest Floridians enjoyed in 2006.
[more] →The most expensive home to sell in Lee County, Florida during April 2010 was a gulf front Captiva estate home located in Captiva Village. This F A Lanes Bayview neighborhood home located at 15017 Binder Drive in Captiva is 3,929 SF and features 3 BR and 3.5 BA.
[more] →The opportunity to purchase a significantly discounted bank-owned property in Cape Coral is still available for those seeking a primary residence or second home. The majority of the Cape Coral foreclosure inventory consists of single-family homes. Both waterfront and off-water options are currently available.
[more] →The City of Cape Coral has implemented a program requiring a mortgagee initializing a foreclosure action to register with the city and maintain the property. The fee to register a property with the city is $150.
Properties in non-compliance are subject to fines of up to $1000 a day. This program has proven effective at forcing mortgagee’s to make improvements to foreclosed properties and keep them moving towards a sale.
[more] →Fort Myers MLS Map Search
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