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fort myers homes for sale: Wonderful former model home-Fort Myers, FL - 07/17/10 04:12 PM
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fort myers homes for sale: Cape Coral Florida 3 bed + den-Just add family - 07/17/10 12:36 PM
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fort myers homes for sale: Fabulous Florida Home With Pool and Spa - 05/15/10 10:57 AM
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fort myers homes for sale: Beautifully Upgraded Cape Coral Florida Pool Home - 04/24/10 11:22 PM
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fort myers homes for sale: Cape Coral-Fort Myers Second Most Under Valued Market - 03/25/10 09:22 AM
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 … (0 comments)
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fort myers homes for sale: How to Not Pay Too Much for Your Home - 03/23/10 09:47 PM
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 … (3 comments)
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fort myers homes for sale: Outstanding Cape Coral Home Better Than New - 03/18/10 12:13 PM
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fort myers homes for sale: Cape Coral/Fort Myers makes top 10 affordable places to live. - 02/07/10 12:08 AM
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 … (3 comments)
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fort myers homes for sale: Foreign buyers picking up Florida real estate - 01/31/10 12:09 PM
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, … (2 comments)
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fort myers homes for sale: Grant helps Cape Coral buy properties - 01/31/10 11:12 AM
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. … (0 comments)
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fort myers homes for sale: 4156 NE 8th Place, Cape Coral, FL - 01/26/10 12:49 AM
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fort myers homes for sale: 3725 NE 23rd Ave, Cape Coral, FL - 01/26/10 12:46 AM
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fort myers homes for sale: 805 Vogiantzis Parkway, Cape Coral, FL - 01/26/10 12:44 AM
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fort myers homes for sale: FHA Waives 90 Day Rule - 01/17/10 09:35 AM
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 … (1 comments)
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fort myers homes for sale: New Red Sox Stadium Moving Forward - 01/09/10 01:10 PM
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.
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fort myers homes for sale: 19250 Marino Lake Cir #2503 Miromar lakes, FL - 12/28/09 11:09 PM
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fort myers homes for sale: 19711 Marino Lake Cir #1103 Miromar Lakes, FL - 12/28/09 10:37 PM
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fort myers homes for sale: Southwest Florida housing sale - 06/25/09 11:20 AM
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 … (0 comments)
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fort myers homes for sale: Is it REALLY a buyers market? - 05/28/09 09:59 PM
A good question, and the answer depends on who you ask. For the third month in a row, home sales are at a blistering pace.
The number of single-family homes sold in Lee County with the help of a Realtor in April shot up to 1,468, an all-time record, according to statistics released today by the Florida Association of Realtors today.
That number is 81 percent up from April 2008, when 809 homes were sold.
Meanwhile, the median price of a home sold in April was $85,000, down 57 percent from $200,300 a year earlier and about what that … (0 comments)
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fort myers homes for sale: Nothing has changed, except the price! - 05/11/09 01:45 PM
Buyers, you have no doubt heard that sales are moving again in southwest Florida. What an understatement! Sales are moving in a big way. In March of this year, home sales in Lee County accounted for 1,504 transactions versus 564 for March 2008.Now anyone can argue that foreclosures contributed to this. They did! Record low pricing also contributed, so did historically low interest rates, and so did the $8,000 tax credit to homebuyers.But the single biggest contributor was the area itself. It is still sunny, warm, beautiful southwest Florida. It is the same place that people aspire to retire to, that … (0 comments)
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Neil Blair-Bennett
Fort Myers,
FL
More about me…
Hope4HomeBuyers.org
Office Phone: (239) 645-3798
Cell Phone: (239) 645-3798
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Posting listings and commentary on how to buy AND stay in your new home.
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