michael polly: Summer heat in the real estate market - 07/20/09 06:30 AM
It was 94 today and my pool was 92. Hard to cool off even getting wet. The real estate market in Lee County is experiencing the same heat. Sales are registering a blistering pace with 1742 pending resale homes in Lee County.
Inventory fell to 10,300 single family resale homes. That's … (0 comments)
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michael polly: What do the Fort Myers area and President Obama have in common? - 02/09/09 07:26 PM
Tomorrow President Obama will visit Fort Myers for a townhall meeting. Here he will discuss the economy and our economic outlook. Both President Obama and this area have a long road to recovery ahead.
He is scheduled to visit Lehigh Acres and look at the foreclosure problem faced in this area. … (0 comments)
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michael polly: 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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michael polly: What makes 700 billion problems go away? - 09/23/08 10:00 PM
My rants and raves with a bail out plan.
Three big questions are on everyone's mind today regarding the governments bailout of our financial institutions. 1) After a weekend to crunch options is this the best one? 2) Is it necessary? 3) Will it ultimately work? No one seems to have … (1 comments)
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michael polly: It takes a village to raise a President - 09/23/08 02:17 PM
Wasilla's fame may indicate Sarah Palin's ultimate future
The Jeopardy category for $500 is Famous Hometowns. Alex Trebek reads the following answers: Indianapolis, Indiana; Carthage, Tennessee; and Casper, Wyoming. The contestants now have less than a split second to hit the button, signaling that they know the right answer (in the … (1 comments)
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michael polly: 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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michael polly: 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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michael polly: 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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michael polly: 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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michael polly: 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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michael polly: 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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michael polly: HOT Gated Community Blow Out Sale - 03/18/08 09:33 PM
WHY CHASE BANK SALES AND FORECLOSURES?
In the next couple of weeks we will be releasing a gated community that will be sold at 50-75% discounts to what the developer was selling these homes at. They range in size from 1300 to over 3000 square feet. Loaded with upgrades that are basically … (3 comments)
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michael polly: Maybe it's called Amendment 1 because it's just the beginning - 01/29/08 07:58 PM
Proposal falls short, but is it a good start?
Floridians will have the opportunity Tuesday to give themselves a tax break. Amendment 1 increases the amount of the homestead exemption and initiates portability. A few other goodies were thrown into the proposal as well that will cause us to pay less in … (0 comments)
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michael polly: Fort Myers Beach Sand Sculpting Competiton - 11/08/07 08:22 PM
Fort Myers Beach is hosting a sand sculpting championship this weekend entertaining artists from around the country. Master sculpters will gather to show their talent in the warm sun along the south end of Estero Island. This annual event showcases artists works that will leave you saying that can not be … (1 comments)
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michael polly: Fort Myers boat show - 11/08/07 08:06 PM
Starting today November 11th, 2007, the Fort Myers boat show begins. It is a great time to visit the downtown area and a great time to check out over 800 boats. A little over 100 vendors will present boats of all types and marine products of all types.
The main entrance … (1 comments)
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michael polly: Fully furnished Golf Course Condo - 11/08/07 07:53 PM
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michael polly: Devonwood Estates Home - 11/08/07 07:39 PM
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michael polly: Staging your home - 11/08/07 07:33 PM
Make sure you first impression is your best impression
In a tough real estate market it is even more important to make sure your home is seen at its best. Here are a few tips to help anyone with a home for sale make the most of each opportunity.
#1 Fix things. If … (1 comments)
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michael polly: Lee County Resale Homes and Condo Marketwatch Update W/E Oct 28, 2007 - 10/29/07 08:15 PM
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michael polly: Driving while staring out the rear view mirror - 10/29/07 08:12 PM
by: Michael Polly Lagging indicators keep sellers behind the market You can't see what's coming if your watching what has happened. The National Association of Realtors and the Florida Association of Realtors have released the September sales numbers for the Fort Myers, Cape Coral and surronding Lee County areas. A … (5 comments)
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