lee county market report: Did we hit the bottom yet? - 06/26/09 08:00 PM
The Lee County Market Report is changing. The market is seeing its first rise in average prices sold. Many Lee County real estate analysts also believe that we have hit the bottom of this free fall. Prices were up over 3% in May compare to April of 2009, If we continue to have a steady rises in average price sold in the next 90-100 days, then we will know that its not just a fluke.
If we have not yet hot bottom yet, we must be very very close! For example sales rose about 70% from over 800 sold properties in May 2008 to over … (5 comments)
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lee county market report: 24 hour market watch in Lee County, are we bottoming up? - 02/17/09 10:33 PM
Real Estate Agents, Brokers, Investors, first time buyers, and these who are relocating to Lee County, in Fort Myers & The Beach, Cape Coral, Estero and Bonita Springs have different ways of looking at where the market is going. In the last year sales in Lee County have gone up over 130%.That is not a surprise considering we have the dubious title of leading the country in foreclosures and short sales.Yes, buyers are coming here in large numbers and want the deals for 60% to 50% on the dollar. Fort Myers and Cape Coral have a terrific choice of low priced homes.
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