Real Estate News

Top Lee County Home Sales – October 2009

The most expensive home to sell in Lee County Florida during October 2009 was a Bonita Beach gulf-front single-family home located at 27030 Hickory Boulevard, Bonita Springs.  This Bonita Beach home is 1,801 SF and features 3 BR and 3 BA on a .3-acre beachfront lot.

The selling price was $1.545M / $857 SF.  Congratulations to selling [...]

Canadians Eying Fort Myers Real Estate

With the Loonie at parity with the US Dollar and across the board price reductions, many Canadians are now considering an investment in Southwest Florida real estate.  The Canadian Press reports that the currency equality is very enticing but shouldn’t be the key driver in your decision to buy real estate in Florida.  Some of [...]

Only 23% of Short Sales Ever Close

According to a recent USA Today article, only 23% of short sale deals actually ever close. This figure came from a February 2009 survey by Campbell Communications of 1,300 Realtors. More than 90% of the agents cited slow responses from the lender as the reason that short sales were lost.

These figures certainly jive [...]