marketwatch: Pulling the Wool Over Our Eyes - 10/01/08 09:22 PM
Sheep, Comptrollers and Rum provide much needed relief to wallstreet. My reasons why the new and improved bailout plan is our new hope. A chance for a new beginning and will save our homes and economy from impending doom.1. Increase in limit on cover over of rum excise tax to Pureto … (4 comments)
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marketwatch: Residential Market Watch: Chance to buy newer home at low cost fading - 09/02/08 10:16 AM
By Michael Polly
Tropical Storm Fay has come and gone, but the rain it dumped on Lee County lingers. The ground is saturated and some streets are flooded. As much as we needed the rain, we are anxious for the way things used to be, like being able to walk to … (0 comments)
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marketwatch: Has help really arrived for 1st time homebuyers? - 08/01/08 03:51 PM
This past Wednesday, July 30, President Bush signed the recently-passed housing legislation (H.R. 3221) into law.
The new first-time homebuyer tax credit went into effect immediately upon the President's signature. What is all means to for everyone is still being questioned. Many hope the credit will convert "Just looking, thanks" home browsers into purchasers. This … (0 comments)
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marketwatch: Selling in this market doesn't happen without pain - 05/09/08 10:17 AM
Sellers can minimize discomfort by selling sooner
"Denny, you have had our home listed for two months and it's still not sold. Don't you think we need to come up with some creative marketing ideas?" These were the words from one of my sellers this week.
Being a curious cuss, I … (0 comments)
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marketwatch: Residential Market Improves - In Spite of What You May Read - 04/29/08 06:58 AM
I head up our research department and let me tell you I was glad Denny wrote this article. It is hard explaining the differences buyers and sellers when they read so much different information. It is our job to try and keep our clients ahead of the market and the investment we make in our data … (2 comments)
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marketwatch: Tops and Bottoms - 04/02/08 08:50 PM
The news today that foreclosures may have peaked spawned the headlines "Lee's housing market bottoms out."
Working in the industry and studying the market intently I often sit back and wonder what this means. Correctly put I believe that it should say Lee's housing market may have hit the TOP of the … (0 comments)
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marketwatch: Good News for our Market - 03/24/08 11:40 AM
Where are the buyers?
That question has been asked a lot over the last 2 years. Well, the answer is in and the buyers really did not go anywhere. The market and pricing left the buyers but the buyers didn't leave the market. Last Wednesday Coral Lakes, a gated community with nice … (3 comments)
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marketwatch: Prices will fall before they rise in most segements - 07/11/07 09:24 PM
From our most recent market data this is the most recent News-Press article posted:
Inventory, foreclosures force market down.
Whoever said that honesty is the best policy never had his wife ask him if her new dress made her look fat. Talk about a no-win situation. First of all, guys, she already knows … (4 comments)
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marketwatch: Weekly Market Activity Report W/E 06/17/2007 - 06/18/07 09:27 PM
Denny Grimes and Company Market Update W/E 06/17/2007
Sales continue to be well below the levels set last year for the same time period. During the first few weeks of June 237 homes have gone under contract of those, 76% have been in the under $300,000 price range and 90% under the … (2 comments)
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marketwatch: June Single Family Activity - 06/18/07 09:19 PM
Here we are 18 days into June, let's see how we are shaking out. There have been 237 single family resale homes go pending. Of those 76% have been priced below $300,000. Another 34 were below $400,000 and $33 where above $400,000. That means that 90% of the sales so far … (0 comments)
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marketwatch: Where do we go from here? - 06/17/07 09:38 PM
I am sure we will dwell on this issue from time to time for a few years to come. Where do we go from here?
Inventory is softening for the summer which is our usual trend. Sales are in the mid 500's for the past month which puts us at or just … (1 comments)
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marketwatch: Fence sitters, wake up! Some markets have bottomed - 05/22/07 07:54 PM
One of the most-asked questions in town, other than how Paris Hilton will look in stripes, would have to be "Is our market improving?" It's a fair question, but I have a feeling that many people expect our downturn to be over as quickly as one of our summer thunderstorms. Our … (2 comments)
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marketwatch: If you yell FORE in Lee County it may now have a different meaning. - 05/14/07 07:12 AM
You could say the market is booming again. Well, actually the foreclosure marketing is what I am referring to. Every day now you read a sad story of how someone took out the false equity they had, banks allowed it, and now the couple is in foreclosure because they can't afford … (0 comments)
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marketwatch: Market Perspective outside the area - 04/22/07 09:00 PM
K found this article to be very to the point and heart of our local market today. Comments from Mike Morgan - Tampa, FL Realtor
Quote of the Week - Last week Boo Yaa [Cramer] said the homebuilders were toxic. This week he's "adamant homebuilders can't be owned." He's right, but he … (0 comments)
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marketwatch: MarketWatch 2007 Recap of Lee County, Fort Myers / Cape Coral / Lehigh Acres - 02/21/07 07:52 PM
It was a hard message to deliver yet was 100% the truth. Sellers have to realize and take to heart that values go up and down. If you want and need to sell you have to accept the value that 'today' not yesterday or tomorrow wiill set. That was the message along … (0 comments)
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marketwatch: Lee County Inventory Single Family Homes - 01/08/07 08:56 PM
I have been working feverishly to collect the necessary data for our MarketWatch booklet and presentation. Even though we track this data daily I like to recapture the data and I also grab Collier and some information on active listings just to enhance the information presented.
When I pulled the inventory … (0 comments)
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