Affordable homes are again available and nearly everything is selling!

 AFFORDABLE HOMES, BONITA SPRINGS, ESTERO, FORT MYERS BEACH, HOME SALES UP IN 2008, HOMES SELLING BELOW APPRAISAL, INCREASING PRICES, NAPLES, REVERSAL OF FORTUNE AND THE FLIP SIDE OF FORECLOSURESI've been reporting for months that there are great values to be had here in many of Florida's most sought after locations... Naples, Bonita Springs, Estero and Fort Myers.  Not just good or even great values but truly spectacular home buying opportunities!

What led me to this conclusion is the fact that many, if not most properties are below replacement cost.  Even if you could find a comparable location in terms of proximity to the beach, Fort Myers International Airport (RSW), shopping, dining and access to the gorgeous rivers, estuaries and bays that lead out to the warm waters of the Gulf of Mexico the cost to duplicate these properties would be significantly higher than both the current list price and eventual sales price!

This evening on NBC Nightly News with Brian Williams they aired a piece by Michelle Kosinski appropriately titled "Reversal of Fortune". Michelle, in looking at some of the prices wondered if the prices she was seeing were typos?  That's exactly what everyone thought 3 years ago... for the exact opposite reason! Three years ago the demand in the market was so red hot that it drove prices well beyond the affordability of even above average buyers that were purchasing for the long term or as a second(winter or vacation) home.

 View the video "The Flip side of Foreclosures, Affordable Homes" at the link Here.

 

 See the current, historical and sales numbers by price point... Here (for August) or come back for a future link to our September numbers which I will be posting shortly. 

September Market Report - Updated... Here

*Use the links below to view listings in a specific city or create your own Here.*

 

 Garren Grup, REALTOR®, GRI...

Noteworthy Results in NaplesBonita Springs, Estero & Fort Myers!

Paradise awaits in Southwest Florida, Coconut Point, The Brooks, Bonita Bay, The Quarry, Miromar Lakes, Shadow Wood Preserve, The Colony at Pelican Landing, Pelican Bay, The Dunes, Bonita Beach, Barefoot Beach, Mirasol, Rapallo in Bonita Springs, Naples, Estero, Fort Myers Beach!

 
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Garren Grup, REALTOR, CDPE, GRI… Naples & Bonita Springs, FL

Naples, FL

More about me…

John R. Wood REALTORS

Address: 26269 S. Tamiami Trail , 34134

Office Phone: (239) 289-8619

Cell Phone: (239) 289-8619

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This forum offers me another opportunity to enhance the lifestyle that is Southwest Florida. Naples, Bonita Springs & Estero offers exquisite waterfront, beachfront and golf course living for everyone through an incredible variety of homes, condos and communities. I hope you find the photos, editorial and area event posts throughout Collier & Lee County Florida useful.  Please don't hesitate to contact me for info about the area or any of my blog posts!

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