Giving Hope4HomeBuyers

Wonderful former model home-Fort Myers, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 17 Jul 2010 16:12:57 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | (239) 244-1495

9883 Blue Stone Cir, Fort Myers, FL

Superb former model home with pool!

4BR/3BA Single Family House

offered at $294,900

Year Built	2004
Sq Footage	3,036
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	8,498 sqft
HOA/Maint	$0 per month

DESCRIPTION

This fabulous Berkshire Grand home show like a model, quite simply because it is! This the former model home in the wonderful family neighborhood of Stoneybrook at Gateway. In addition to its' superior location, this home features 4 full bedrooms, 2.5 baths, a den, and a media/entertainment room. With all the upgrades you would expect in a model home, this one doesn't disappoint. It even comes furnished! Granite counters, til floors, faux paint, tasteful accents, and a fabulous pool. This is not a short sale (so no waiting!) and not a foreclosure (so home is in show condition!) Clubhouse, fitness center, playground, skating and so much more!

Stoneybrook at Gateway is a great family-oriented, fully-gated and guarded community offering excellent amenities and is conveniently located to Southwest International Airport. Stoneybrook is also close to beaches, shopping, fine dining and much more.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Walk-in closet	- Hardwood floor
- Tile floor	- Family room	- Living room
- Bonus/Rec room	- Office/Den	- Dining room
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Stainless steel appliances	- Washer	- Dryer
- Laundry area - inside	- Balcony, Deck, or Patio	- Swimming pool

COMMUNITY FEATURES

- Clubhouse	- Fitness center	- Swimming pool(s)
- Playground	- Gated property

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

(239) 244-1495

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 17, 2010, 11:52am PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Cape Coral Florida 3 bed + den-Just add family

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 17 Jul 2010 12:36:36 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | (239) 244-1495

640 NE 1st Ave, Cape Coral, FL

Fabulous 3 bed + den...Just needs a loving owner!

3BR/2BA Single Family House

offered at $89,900

Year Built	2005
Sq Footage	1,788
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	Unspecified
Lot Size	10,001 sqft
HOA/Maint	$0 per month

DESCRIPTION

Don't miss this bank owned 3 bedroom + den, 2 bath CBS with attached 2 car garage. This home has an open and bright floor plan, great for entertaining. This home offers double sinks and separate tub and shower in the master bathroom. A screened lanai overlooks backyard. A few minor touchups will make this a terrific family home.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Office/Den	- Laundry area - inside

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

(239) 244-1495

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 17, 2010, 8:15am PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Fabulous Florida Home With Pool and Spa

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 15 May 2010 10:57:41 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

403 NW 9th St, Cape Coral, FL

Beautifully Upgraded Home with Pool & Spa

3BR/2BA Single Family House

offered at $149,900

Year Built	2003
Sq Footage	1,993
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	10,001 sqft
HOA/Maint	$0 per month

DESCRIPTION

Don't miss this gorgeous pool home in NW Cape Coral. It has extensive upgrades including granite countertops in the kitchen and bathrooms, brand new carpet throughout, brand new appliances, brand new pool cage, pool and spa with painted pool deck, fresh landscaping, and brand new paint throughout. The master bathroom has been completely reconfigured and has dual vanities with granite countertops. It has an oversize tub and a separate shower. They are both upgraded with oversized tile. This house will sell quickly. Please call for your tour today.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Family room	- Office/Den
- Dining room	- Breakfast nook	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Granite countertop

COMMUNITY FEATURES

- Garage parking

- Swimming pool(s)

- Sauna/Spa

ADDITIONAL PHOTOS

Front	Guest Bath
Master Bath	Kitchen
Great Room	Pool & Spa

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: May 14, 2010, 11:11am PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Beautifully Upgraded Cape Coral Florida Pool Home

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 24 Apr 2010 23:22:34 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

2936 NW 25th Ln, Cape Coral, FL

The new standard in remodeled homes.

3BR/2+1BA Single Family House

offered at $164,900

Year Built	2006
Sq Footage	2,019
Bedrooms	3
Bathrooms	2 full, 1 partial
Floors	1
Parking	2 Car garage
Lot Size	11,042 sqft
HOA/Maint	$0 per month

DESCRIPTION

Echelon Construction sets the new standard in remodeling homes. This is a new home from the walls in, with numerous upgrades in this 2000+ sq ft home.

Warm two tone paint lends to the feeling of a rich decor. Heavy pad carpet in the bedrooms creates a soft feeling under your feet in the mornings. Separate gaden tub, dual vanities, and walk in tiled shower are just some of the features of the roomy master bathroom.

The kitchen, complete with all appliances, overlooks a spacious great room and offers a splendid view of the pool area. Adorned with granite counters and wood cabinets, this kitchen offers a grand space for meal preparation.

The den offers versatility as a fourth bedroom, home office, or media room. As a bonus feature, there is an open work area that makes for a perfect student office.

The home is located on a large corner lot with tasteful landscaping. The home is minutes from grocery and other shopping, all the popular restaurants are within easy reach. The boutique art galleries of Matlacha are close by.

This is a home not to be missed.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Office/Den	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Granite countertop	- Laundry area - inside
- Swimming pool

OTHER SPECIAL FEATURES

- Granite kitchen & bath counters

- Separate student desk area

- Pool with water feature

- Two tone paint

- Tile flooring

- Upgraded carpet in bedrooms

ADDITIONAL PHOTOS

Street view	Kitchen 2
kitchen	master bath
Great room	Pool area

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Apr 24, 2010, 7:43pm PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Better than new 4 bedroom home 2233 NW 7th St cape Coral, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Tue, 13 Apr 2010 17:46:13 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

2233 NW 7th St, Cape Coral, FL

Granite counters in kitchen and bath, 2 tone paint. No short sale, no foreclosure, no chinese drywall!

4BR/2BA Single Family House

offered at $109,900

Year Built	2006
Sq Footage	1,717
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	10,001 sqft
HOA/Maint	$0 per month

DESCRIPTION

Don't miss this beautifully rehabbed home from Echelon Construction. This is not a foreclosure or short sale. If you have a picky buyer or someone who wants a turnkey house that looks brand new, this is it. With almost 1800 square feet this charming 4 bedroom home has been painted inside and out. The great room and den are upgraded with oversized tile. The bedrooms all have brand new carpet. Both bathrooms are appointed with granite countertops. The guest bath has a brand new shower/tub with upgraded tile. The master bath has a large walk in shower with upgraded tile. The kitchen and baths offer stunning granite countertops. The A/C also has an ultraviolet black light attached to the handler that scrubs the air flow 24/7 and kills over 99% of the bacteria in the air.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Granite countertop	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Apr 13, 2010, 2:21pm PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

The new benchmark in Cape Coral Homes

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 10 Apr 2010 23:15:22 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

430 NW 1st Ave, Cape Coral, FL

Not an REO or Short Sale. Answers in less than an hour!

3BR/2BA Single Family House

offered at $109,800

Year Built	2006
Sq Footage	1,777
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	10,018 sqft
HOA/Maint	$0 per month

DESCRIPTION

Don't miss this beautifully rehabbed home from Echelon Construction. This is not a foreclosure or short sale. If you have a picky buyer or someone who wants a turnkey house that looks brand new, this is it. With almost 1800 square feet this charming 3 bedroom plus den home has been painted inside and out. The great room and den are upgraded with oversized tile. The bedrooms all have brand new carpet. Both bathrooms are appointed with granite countertops. The guest bath has a brand new shower/tub with upgraded tile. The master bath has a large soaking tub and a separate shower with upgraded tile. The kitchen offers stunning granite countertops and upgraded appliances. The A/C also has an ultraviolet black light attached to the handler that scrubs the air flow 24/7 and kills over 99% of the bacteria in the air. This home doesn't have Chinese Drywall.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Granite countertop	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Photo 6	Photo 1
Photo 2	Photo 3
Photo 4	Photo 5

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Apr 6, 2010, 10:03am PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Cape Coral-Fort Myers Second Most Under Valued Market

Neil Blair-Bennett (Hope4HomeBuyers.org) — Thu, 25 Mar 2010 09:22:01 -0700

The Cape Coral-Fort Myers area is the second most undervalued residential real estate market in the country, according to a new research report

That means this is a good time for investors looking to buy land, experts say.

"Is land undervalued?" asked Fort Myers-based real estate broker RandyThibaut of Land Solutions. "Yes and no. Land prices for residential development land has bottomed out, it can't get much lower. But not commercial property."

Douglas Hannah, a partner in Fort Myers-based Silverleaf Capital Group LLC, which puts together deals for investors, said a lack of demand has caused prices to fall sharply since the boom ended late in 2005.

"Because it was overvalued (in the boom), it's really swung back," Hannah said. "We just bought some freshwater lots for 10 grand apiece that would have been 150 grand four years ago. They're down more than 90 percent. Are they worth 10 grand today? Maybe they are, maybe they're not, but because there's an oversupply of homes, there's no market for them here.

There are a lot of local opportunities now, Hannah said. We're aggressively bullish on real estate in Southwest Florida right now," he said.

Lee County's homes, with a median price of $112,800, were selling for 40.5 percent under value in the fourth quarter of 2009, down from being overvalued by 31.5 percent at $236,200 four years earlier, the report by financial consulting company IHS Global Insight states. Las Vegas, Nev., was No. 1, undervalued by 45.3 percent at $123,000 compared to being overvalued by 35.3 percent at $287,000 four years earlier.

But Michael Timmerman, a Naples-based senior associate with Fishkind & Associates, an Orlando-based economic consulting firm, said he doesn't agree that Lee County's property values are that much out of whack. The Global Insight survey, released Friday, looks at too short a time frame to be accurate, he said. "From the point of view of overall fundamentals, if you look at 1980 to today, we're probably about where we should be, maybe a little below that," Timmerman said. "It's all in the eye of the beholder."

He was also skeptical about another, contradictory survey released this week by Money Magazine predicting that Cape Coral-Fort Myers home values will fall 5.6 percent in the coming year. The report predicts the Naples area will fall 10 percent. People generally are better off not making decisions based on how they think home values will change, Timmerman said.

"Real estate is for use, your home, your office," he said. "That's how real estate should be viewed."

Source:News-Press 3-25-2010

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

How to Not Pay Too Much for Your Home

Neil Blair-Bennett (Hope4HomeBuyers.org) — Tue, 23 Mar 2010 21:47:43 -0700

Whether you are buying your first home, or your fifth, the process of buying a home is a detailed, time-consuming venture. At the same time, it’s an emotional period laden with difficult choices. You want to ensure that the home you purchase meets your family’s needs now, and in the future.

Each of these decisions often involves money. When you consider all that money represents, you’ll want to ensure that you don’t pay too much. This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process. These include such things as knowing what you want before you begin shopping, taking your time to shop, choosing the right realtor, and remaining objective while viewing potential homes. With this information, you’ll be closer to finding your ideal home.

1. Before you shop, develop a needs vs. wants list
Everyone has a picture of an ideal home. This would include all the features you not only need, but have long desired. However, when it comes time to buying a home, the desires cost more. While it’s nice to think about having a beautifully landscaped backyard, or a solarium, perhaps even some built-in appliances, these are usually considered luxury items, which can add considerably to the price of your home.

That’s why it’s a good idea to develop a needs and wants lists. With this list, begin with items you really need like adequate space, garage and number of bedrooms. For most people, basic needs should be considered first. After that, you could consider additional desires, if you can manage these benefits financially.

With such a list in your hands, you’re less likely to be caught up in the excitement of the pursuit. You’ll have a good idea of what you want, within you price range, and if you can afford those additional items.

2. Get pre-approved prior to shopping
Visit your financial or lending institution prior to home buying. Quickly, you’ll know the amount of mortgage you’ll receive. Be sure to get a mortgage commitment in writing. Most importantly, you’ll tell sellers that you are a serious prospect. Depending upon market conditions, a seller may lean towards an unconditional offer. You’ll have less negotiating power if you have to wait for mortgage approval.

Banks and financial institutions have developed many programs especially for home buyers, be that first-time buyers or those with equity in their homes. When you review your needs and objectives with a lending officer, you’ll be one step closer to purchasing your home.

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Outstanding Cape Coral Home Better Than New

Neil Blair-Bennett (Hope4HomeBuyers.org) — Thu, 18 Mar 2010 12:13:37 -0700

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

1308 NE 9th Place, Cape Coral, FL

Gorgeous Home with Tons of Upgrades

3BR/2BA Single Family House

offered at $109,900

Year Built	2005
Sq Footage	1,777
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	10,001 sqft
HOA/Maint	$0 per month

DESCRIPTION

Don't miss this beautifully rehabbed home from Echelon Construction. This is not a foreclosure or short sale. If you have a picky buyer or someone who wants a turnkey house that looks brand new, this is it. With almost 1800 square feet this charming 3 bedroom plus den home has been painted inside and out. The great room and den are upgraded with oversized tile. The bedrooms all have brand new carpet. Both bathrooms are appointed with granite countertops. The guest bath has a brand new shower/tub with upgraded tile. The master bath has a large soaking tub and a separate shower with upgraded tile. The kitchen offers stunning granite countertops and upgraded appliances. The A/C also has an ultraviolet black light attached to the handler that scrubs the air flow 24/7 and kills over 99% of the bacteria in the air. This home previously had Chinese drywall and has been fully remediated.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Living room	- Office/Den
- Breakfast nook	- Dishwasher	- Refrigerator
- Stove/Oven	- Granite countertop	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Front	Living Room
Master Bath	Kitchen
Kitchen 2	Master Bedroom

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Mar 16, 2010, 6:12pm PDT

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Private financing to replace banks?

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 21 Feb 2010 00:41:56 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

843 NE 7th Ave, Cape Coral, FL

Better Than New! Easy Qualifying! Bankruptcy/Foreclosure Accepted-Primary and Investors! Fully Furnished and Upgraded!

4BR/2BA Single Family House

offered at $149,900

Year Built	2007
Sq Footage	1,734
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	10,624 sqft
HOA/Maint	$0 per month

DESCRIPTION

The recent market dive affected many people. For a lot of people circumstances went beyond their control. Now many will have to wait 3-7 years to ever realize the dream of homeownership again.

Thanks to a new program, this is not necessary. You can purchase a home with damaged credit with as little as 10% down. Imagine a better than new home, fully upgraded AND furnished that can be moved in to within 10 days!

Our homes are 1700+ sq ft of living space, 3 and 4 bedrooms available with beautiful upgrades. Don't waste time with turn downs, call us for immediate attention.

Homes will soon be available for showing as they are currently being upgraded to our "Better Than New" standard.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Front

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 18, 2010, 7:58am PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Private financing to replace banks?

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 21 Feb 2010 00:41:47 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

843 NE 7th Ave, Cape Coral, FL

Better Than New! Easy Qualifying! Bankruptcy/Foreclosure Accepted-Primary and Investors! Fully Furnished and Upgraded!

4BR/2BA Single Family House

offered at $149,900

Year Built	2007
Sq Footage	1,734
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	10,624 sqft
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Front

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 18, 2010, 7:58am PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Cape Coral/Fort Myers makes top 10 affordable places to live.

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 07 Feb 2010 00:08:20 -0800

The Cape Coral/Fort Myers area was recently recognized as being one of the top 10 most affordable housing markets in the world, according to an international survey.

The survey originated from Demographia Inc., which ranked Cape Coral/Fort Myers seventh in the world.

Lee County was behind some of the most economically depressed areas in the nation, including Detroit, Flint and Lansing, Mich.

According to Realtor statistics, the median home price in the greater Lee County area was between $89,000 – $90,000 in December 2009.

A total of 1,340 homes were sold in that month, an improvement of more than 300 homes from December 2008.

Realtors on both sides of the bridge are not surprised by where Cape Coral and Fort Myers ranked on that list.

They say now is the time to buy, especially if you’re someone who’s looking to stay in the new home for three to five years.

“It’s extremely affordable right now,” said Christie Knight, president of the Realtor Association of Greater Fort Myers. “We strongly believe our momentum will increase because of the extended tax credit for first-time home-buyers, and because interest rates are historically low. We feel very confident.”

The inventory of existing homes has decreased year over year, and Realtors are feeling optimistic about 2010.

Most feel the bottom has already been hit, and there isn’t anywhere to go but up, though a new round of foreclosures is expected to hit the market sometime soon.

Paula Hellenbrand of Encore Realty and a former president for the Cape Coral Association of Realtors said the number of foreclosures is deceiving, and that many of those properties are “evaporated” before they ever hit the market.

She added that now is the time for first-time home-buyers to seek out that dream home, as not only has the tax credit been extended, but companies like Fannie May are instituting 15-day waiting periods for owner occupied properties so home-buyers are in direct competition with investors looking to flip properties quickly.

“Our inventory is at a healthy level,” she said.

Source: Cape Coral Daily Breeze

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Foreign buyers picking up Florida real estate

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 31 Jan 2010 12:09:20 -0800

Much of the recent increase in Florida home sales can be attributed to foreign buyers. These investors are cash buyers and can usually only purchase homes because of this; otherwise they are excluded from financing because of their nationality.

“Sixty percent of our buyers are foreign,” said Joe Milton, president and chief executive of J. Milton & Associates in Coral Gables. Milton wants to see more financing options for foreigners, as he predicts that real estate investment will increase even more if this happens.
“International buyers are activating this market and reactivating sales,” said Jenny Huertas, the international sales director for Condo Vultures, a Bal Harbour brokerage and consultancy company.

Buyers from all over the world are being lured to invest in the United States now that prices have reached a level that they can afford; an opportunity that perhaps hasn’t been available in previous years. Gabriela Guinmaraes, a partner with Integra Solutions, a Florida real estate consultancy that works with Brazilian nationals, says, “Investors are aware that assets have never before been so depreciated in a country like America.”

For the first time in 30 years, it is actually cheaper to purchase housing in Florida than it is in some Latin American cities says Walter Defortuna, chairman of Fortune International Realty.

As many areas in Central Florida worth only half of what they once were, property is being acquired rather quickly, with the weak dollar also helping to boost investment.
“The Swiss, Spanish, groups from Italy and England who already own some stuff down here are seeing it as a good time to buy, leveraging the economy and the currency effect,” said Mike Lapointe, vice president of Baybridge Capital Advisors in Miami.

Although the recession has been a global phenomenon, and foreign investors have been dwindling slightly, they are still more active in the sector than domestic buyers

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Grant helps Cape Coral buy properties

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 31 Jan 2010 11:12:55 -0800

Now with help from a $7.2 million federal grant, the city of Cape Coral plans to save 28 homes that would otherwise sit and rot away. The city has purchased about a third of the 28 houses with agreements on the others. City officials said they hope the plan will keep abandoned property from dragging down neighborhoods’ values and stave off blight before it is too late.

The city will rehabilitate and sell the houses to qualified homebuyers for zero profit. The city bought a property on Southwest 1st Street for $35,000, with plans to invest about $40,000 into its rehabilitation. It will sell for $75,000 or the assessed value – whichever is lower.

The money comes from the $4 billion 2008 Neighborhood Stabilization Program authorized by former President George W. Bush.

Part of the money will also go to down payment assistance for about 32 home buyers, who meet credit and income qualifications.

A prospective buyer will need a good credit score and a steady income, albeit a salary that puts them in the low- to moderate-level income bracket. They will also be required to stay in the home as their primary residence for at least five years, assuring the home’s owners will have the means and incentive to keep the property in good shape.

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

4156 NE 8th Place, Cape Coral, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Tue, 26 Jan 2010 00:49:21 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

4156 NE 8th Place, Cape Coral, FL

Brand New Home/Preconstruction

4BR/2BA Single Family House

offered at $114,700

Year Built	2010
Sq Footage	1,755
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	Unspecified
Parking	2 Car garage
Lot Size	10,890 sqft
HOA/Maint	$0 per month

DESCRIPTION

How would you like to have a brand new house that doesn’t have Chinese Drywall or need to be rehabbed? With $1000 down and approved credit you can; in as little as 100 days. We have over 45 home and lot packages in Cape Coral that can be built in less than 4 months. If you don’t like this address or floor plan please contact us for a list of home sites and floor plans. Our homes range in size from 1610 square feet to 3000 square feet. They are priced from $114,700. Our homes are all equipped with a full appliance package and have a One year builder warranty and 10 year Bonded Builder Warranty. Prices are never going to be this low again. Please call or email us for more information.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Family room	- Breakfast nook	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Laundry area - inside	- Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Rendering

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Jan 24, 2010, 4:13pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

3725 NE 23rd Ave, Cape Coral, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Tue, 26 Jan 2010 00:46:51 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

3725 NE 23rd Ave, Cape Coral, FL

Brand New Home/Preconstruction

4BR/2BA Single Family House

offered at $114,700

Year Built	2010
Sq Footage	1,755
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	10,890 sqft
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Family room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Laundry area - inside
- Yard

ADDITIONAL PHOTOS

Rendering

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Jan 24, 2010, 4:11pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

805 Vogiantzis Parkway, Cape Coral, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Tue, 26 Jan 2010 00:44:10 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

805 Vogiantzis Parkway, Cape Coral, FL

Brand New Home-Pre Construction

4BR/2BA Single Family House

offered at $114,700

Year Built	2010
Sq Footage	1,755
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	10,890 sqft
HOA/Maint	$0 per month

DESCRIPTION

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Family room	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Laundry area - inside	- Yard

ADDITIONAL PHOTOS

Rendering

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Jan 24, 2010, 4:34pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

FHA Waives 90 Day Rule

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sun, 17 Jan 2010 09:35:36 -0800

In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties.

"As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential homebuyers," said Donovan. "FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization."

With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.

"This change in policy is temporary and will have very strict conditions and guidelines to assure that predatory practices are not allowed," Donovan said.

In today's market, FHA research finds that acquiring, rehabilitating and the reselling these properties to prospective homeowners often takes less than 90 days. Prohibiting the use of FHA mortgage insurance for a subsequent resale within 90 days of acquisition adversely impacts the willingness of sellers to allow contracts from potential FHA buyers because they must consider holding costs and the risk of vandalism associated with allowing a property to sit vacant over a 90-day period of time.

The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow homes to resell as quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities.

"FHA borrowers, because of the restrictions we are now lifting, have often been shut out from buying affordable properties," said FHA Commissioner David H. Stevens. "This action will enable our borrowers, especially first-time buyers, to take advantage of this opportunity."

The waiver will take effect on February 1, 2010 and is effective for one year, unless otherwise extended or withdrawn by the FHA Commissioner. To protect FHA borrowers against predatory practices of "flipping" where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions:

All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction.
In cases in which the sales price of the property is 20 percent or more above the seller's acquisition cost, the waiver will only apply if the lender meets specific conditions.
The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program.

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

New Red Sox Stadium Moving Forward

Neil Blair-Bennett (Hope4HomeBuyers.org) — Sat, 09 Jan 2010 13:10:56 -0800

Don't panic all you traditionalists, they're not destroying Fenway! The newspring training home for the Red Sox in Fort Myers, Florida is looking to begin turning dirt this summer.

The Lee County Hearing Examiner’s office reviewed information that will re-zone the Daniels Parkway site from commercial planned development to mixed use planned development.

Look for eastern Lee County to become a hotbed of real estate activity as the development will impact the area for more than just the spring.

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

1733 S Gator Cir Cape Coral, FL 33909

Neil Blair-Bennett (Hope4HomeBuyers.org) — Thu, 31 Dec 2009 00:09:26 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

1733 S Gator Cir, Cape Coral, FL

Amazing quality, low price

4BR/3BA Single Family House

offered at $149,000

Year Built	2009
Sq Footage	2,078
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	.25 acres
HOA/Maint	$0 per month

DESCRIPTION

This is not a Short Sale or Foreclosure. Luxury Home. Very open and spacious floor plan. Granite counter tops, Wood Cabinets. Marble tile on Master Bath. Sprinkler System. Must see.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dining room	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Granite countertop	- Stainless steel appliances
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio

ADDITIONAL PHOTOS

Photo 2	Photo 1
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 30, 2009, 8:58pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

19250 Marino Lake Cir #2503 Miromar lakes, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Mon, 28 Dec 2009 23:09:36 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

Marino Lake Cir #2503, Miromar Lakes, FL

FABULOUS HOME FOR AN AMAZING PRICE!

4BR/3BA Condo

offered at $295,000

Year Built	2006
Sq Footage	2,686
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	Unspecified
HOA/Maint	$0 per month

DESCRIPTION

FABULOUS BRAND NEW HOME FOR AN AMAZING PRICE! Call today to schedule your private showing of this absolutely gorgeous 4 bedroom, 3 bath coach home in San Marino at Miromar Lakes! Offering nearly 2700 sq ft under air, great room with stunning lake views, formal dining, wonderfully sized bedrooms, and attached 2 car garage! Stunning kitchen with granite countertops, island and pantry. Master suite features lake views, garden tub with separate shower, double vanities, and expansive closet.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Family room	- Bonus/Rec room
- Office/Den	- Dining room	- Breakfast nook
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Granite countertop	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio

COMMUNITY FEATURES

- Garage parking	- Guest parking	- Clubhouse
- Fitness center	- Swimming pool(s)	- Sauna/Spa
- Lake	- Gated property	- Elevator

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 28, 2009, 7:53pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

19711 Marino Lake Cir #1103 Miromar Lakes, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Mon, 28 Dec 2009 22:37:47 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

19711 Marino Lake Circle, Fort Myers, FL

FABULOUS HOME FOR AN AMAZING PRICE!

3BR/3BA Condo

offered at $295,000

Year Built	2007
Sq Footage	2,686
Bedrooms	3
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	.1 acres
HOA/Maint	$0 per month

DESCRIPTION

FABULOUS BRAND NEW HOME FOR AN AMAZING PRICE! Call today to schedule your private showing of this absolutely gorgeous 3 bedroom, 3 bath coach home in San Marino at Miromar Lakes! Offering nearly 2700 sq ft under air, great room with stunning lake views, formal dining, wonderfully sized bedrooms, and attached 2 car garage! Stunning kitchen with granite countertops, island and pantry. Master suite features lake views, garden tub with separate shower, double vanities, and expansive closet.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Family room	- Bonus/Rec room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Washer	- Dryer	- Laundry area - inside

COMMUNITY FEATURES

- Guest parking	- Clubhouse	- Fitness center
- Swimming pool(s)	- Gated property

ADDITIONAL PHOTOS

Photo 5	Photo 1
Photo 1	Photo 2
Photo 4	Photo 6

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 28, 2009, 7:25pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

5328 Bywood St Lehigh Acres, FL

Neil Blair-Bennett (Hope4HomeBuyers.org) — Mon, 28 Dec 2009 21:39:03 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

5328 Bywood St, Fort Myers, FL

Nice Home Close to Everything-2100 sq ft of living space

4BR/2BA Single Family House

offered at $89,900

Year Built	2007
Sq Footage	2,068
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	.28 acres
HOA/Maint	$0 per month

DESCRIPTION

This Amazing 4 bedroom 2 bath + den home by Castle Builders boasts nearly 2100 sq feet of living area. Home on 1/3 acre corner lot!!!.

Extremely flexible floor plan, open & airy with rounded bead edges, gorgeous foyer with double door entry, dual walk-in closets, master sitting area, & well appointed master bathroom... There are tray ceilings accented with oversized crown molding in the den & master bedroom. The upgrades include: solid surface countertops, raised panel cabinets, arched windows, & an under truss lanai. The home has beautiful 18 tile throughout the entire house except for the bedrooms...One of the bathrooms is a pool bath with access from the lanai or interior hallway. This is a short sale and subject to existing lenders approval which could result in delays. The home sets up perfectly to add a pool.

Call for a personal showing today...

Buyer(s) understands & need to be informed this home is priced for a short sale. All offers are subject to 3rd party lender approval. Listed price may change up or down based on banks approval. The listed price is not the responsibility of the seller, agent, or broker.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dining room	- Refrigerator
- Stove/Oven	- Washer	- Dryer

ADDITIONAL PHOTOS

Front	Photo 1
Photo 2	Photo 3
Photo 4

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 28, 2009, 6:26pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Beautiful 2000 sq ft home in SW Florida

Neil Blair-Bennett (Hope4HomeBuyers.org) — Mon, 28 Dec 2009 16:32:43 -0800

Neil Blair-Bennett & Israel Emory | Hope4HomeBuyers.org | 239 645-3798 239-292-2499

1112 Carl Ave, Lehigh Acres, FL

Nice 4 Bedroom Home Close to Everything

4BR/2BA Single Family House

offered at $89,900

Year Built	2007
Sq Footage	2,068
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	.3 acres
HOA/Maint	$0 per month

DESCRIPTION

This Amazing 4 bedroom 2 bath + den home by Castle Builders boasts nearly 2100 sq feet of living area. Home on 1/3 acre corner lot!!!...Extremely flexible floor plan, open & airy with rounded bead edges, gorgeous foyer with double door entry, dual walk-in closets, master sitting area, & well appointed master bathroom... There are tray ceilings accented with oversized crown molding in the den & master bedroom. The upgrades include: solid surface countertops, raised panel cabinets, arched windows, & an under truss lanai. The home has beautiful 18 tile throughout the entire house except for the bedrooms...One of the bathrooms is a pool bath with access from the lanai or interior hallway. This is a short sale and subject to existing lenders approval which could result in delays. The home sets up perfectly to add a pool. Call for a personal showing today...

Buyer(s) understands & need to be informed this home is priced for a short sale. All offers are subject to 3rd party lender approval.

Listed price may change up or down based on banks approval. The listed price is not the responsibility of the seller, agent, or broker.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Family room	- Office/Den
- Breakfast nook	- Dishwasher	- Refrigerator
- Microwave	- Laundry area - inside	- Yard

COMMUNITY FEATURES

- Garage parking

ADDITIONAL PHOTOS

Front View	Photo 1
Photo 2	great room
Large Corner Lot	Master Bathroom

Contact info:

Neil Blair-Bennett & Israel Emory

Hope4HomeBuyers.org

239 645-3798 239-292-2499

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 28, 2009, 1:00pm PST

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798

Southwest Florida housing sale

Neil Blair-Bennett (Hope4HomeBuyers.org) — Thu, 25 Jun 2009 11:20:21 -0700

Thanksgiving sales, Labor day sales, Christmas sales, are all times that we think of for record shopping activity. But there is a different kind of sale going on in southwest Florida. May sales of existing single-family homes in Lee County continued at a near-record pace while prices spiked up, according to statistics released Tuesday by the Florida Association of Realtors.

The median price rose to $88,500, up 3.5 percent or $3,000 from April’s $85,500. But prices remained less than half what they were after the precipitous drop of the past year — the median was $212,400 in May 2008.

Some area agents expect the median price to continue rising as more mid- to high-end homes come on the market.

There were 1,417 existing houses sold with the assistance of a Realtor — down from April’s record 1,468 but up sharply from the 823 sold in May 2008, according to the association.

In most of those homes the seller was under financial pressure to sell relatively quickly.A breakdown for the Florida association’s statistics wasn’t available, but the Realtor Association of Greater Fort Myers and the Beach showed 62 percent were sold by lenders that had taken the house back in foreclosure and then resold it.

Another 14 percent were “short sales” in which the lender agreed to reduce its mortgage so a house could be sold for a lower price.

In a separate report also released Tuesday, the National Association of Realtors said U.S. home sales rose 2.4 percent last month to a seasonally adjusted annual rate of 4.77 million, from a downwardly revised pace of 4.66 million in April.

The increase in Lee County prices may have come because rock-bottom prices for low-end homes in Cape Coral and Lehigh Acres have spurred bidding wars for those homes.

Hope4HomeBuyers.org is committed to helping people find homes at the proper price. Hope4HomeBuyers.org will utilize a network of professionals in the finance, inspection, insurance, and management worlds to get people in to their homes and to enjoy them comfortably.

Use the Florida custom home search to find your next home.

Neil G. Blair-Bennett
Director of Acquisitions SW Florida
NationalREORelief.com
Managing Broker
OwnaCondo.com & Bankreos.com

Hope4Homebuyers.org
(239) 645-3798