Southwest Florida real estate. Fort Myers Florida real estate market report notes by Joe Kendall, Realtor and Author with Sandals Realty. here is just a quick view of the real estate market in Fort Myers Florida. I have compiled all the New listings in November and Solds and I would like to share this information with you.
At the end of November, our inventory of homes on the market sat at 4115 houses for sale or under contract. This was down 78 homes from the end of October. There where 
548 homes which sold in November, 470 homes come on the market to replace the 548 that where sold. You hear often of "The number of months supply”. just look at the sales for the month vs. inventory, we have 5.5 months supply ?
We are down 1100 for the year or about 100 homes per month currently. One of the reasons for this is the continued release of bank owned foreclosed properties. The number of pending foreclosures still numbers over 15,000 in Lee County Florida and these are projected to be released in the first few months of 2010.
So hang in there with me, If you are serious buyer ? ( not a tire kicker ! ) Your chance will be coming to own your southwest Florida home soon in the first Quarter of 2010. Getting your Best Price and Terms is really not that far away ! Let my years of Experience ( 10) work for you !
Have your Financing in place BEFORE YOU LOOK ! Getting a mortgage is a lot harder then you might think. I have had a client recently with a 780 credit score turned down, because the bank did not feel comfortable with his employment of 20 years ! You need to be in a position to act if you find a home you like, there is a great chance many others like it too! Because of today's real estate market so like I tell all my clients Do your home work, shop around for your best Financing terms and be ready to go !
You can search all the listings in southwest Florida from my web site by clicking here
Joe Kendall, Realtor Sandals Realty
Waterfront & Foreclosure Specialist
Phone 239-560-0726 Fax 239-236-0422
Discover Southwest Florida www.ViewSwFlorida.com
Search Homes in Southwest Florida www.JoeKendall.listingbook.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com
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