The newspapers say there is "Blood in the Streets!" The evening news says,"It is a terrible market!" The 11 o'clock news says,"Foreclosures are at record numbers!" There may be some truth to these, but as someone who is on the front lines, we are busier than we have been in a few years! There are unbelievable deals down here in Cape Coral and Ft. Myers! Prices are down to where they were in 2002 and people who were priced out of the market just a few years ago, are now able to buy!
The banks have tightened up the requirements for a mortgage, but we are writing contracts everyday for first time homebuyers as well as Baby Boomers! Just this week alone we had two properties with multiple offers, one home had 11 offers!
Inventory although still at an all time high, is declining! The deals are still there but they won't be forever! Price will once again escalate and as I told someone this morning, "You never know you are at the bottom until you miss it!" So if you are still thinking about buying in "Paradise" now is the time to buy! Whether you are looking for a waterfront home or condo or it is that first home, give us a call today! Let one of our agents find a DEAL for you!
If you would like to get access to the Multiple Listing Service and search for yourself just go to www,mikekelly.listingbook.com and request a buyers account! You will love it! You can also go to www.sellstateadvatage.com and check out our listings!
Mike Kelly, Broker/Owner Sellstate Advantage Realty, Cape Coral, Florida 239-549-9200
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