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Lee County Florida Snow Bird Season?

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Real Estate Agent with Royal Shell Real Estate, Inc. 3012141

We over half way through our "season", the time of year when all businesses expect to flourish with a rush of flocking customers escaping the winter weather up north. For Home and Condo sales these are important metrics on how the year will go. So far we are pleased that levels have maintained a steady pace. 

It looks like we slipped a year between Jan - Feb in single family home sales. Pending homes for January were 641, inline with 2001 while the 670 pending homes in February fell to a month to month level of 2000.

The flock of snow birds are not diving after the live swimming fish, they are scooping up the floaters on the top that are belly up. I've had two agents today call about listings - 2 questions, how long has it been on the market (why can't they just look this up), the second question is "How motivated is the seller?" Will they entertain an reduced offer ?

Like the SPAM you get in your email, you wonder why someone sends it, it must work sometimes otherwise they would just get discouraged and quit. Well these silly questions must be getting serious answers and that appears all that buyers are looking for. I had another call from a referral from TN, he is a doctor there and had heard that our prices had fallen. He wanted something direct access, no bridges for 350K.... What a nice gulf access home was selling for in 2000-2001?

Sam Walton said "There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else." - They also control when they will spend it and while we see continued interest it is the interest we saw 6-7 years ago. Denny said it at MarketWatch, we can not take our demand for granted. 

We hope to see this level of sales consistently improve. 

Michael Polly

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