Housing Market is Mixed Bag

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Confusing day for anyone reading up on the Southwest Florida housing market…….

The News-Press reports that Lee second in foreclosures in Florida during September, with one in every 72 homes is facing foreclosure. On the other hand, WINK News reports that Home Sales Hit All Time High.

What does it all mean? Well from my perspective, things are so bad they are good. That is unless you are sitting on an under-valued, over-mortgaged home, care about your credit rating and are worried about how much your taxes are going up to pay for this mess.

On the other hand, if you are a buyer looking to get in on the bonanza……..check out our Cape Coral foreclosure listings. There are deals to be had right now for qualified buyers.

Lee second in foreclosures in Florida during September [News-Press]
Home sales hit all time high [WINK News]

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