reo: "The Bottom" In Cape Coral, Florida?
- 10/06/08 10:01 AM
I hear this question daily in Cape Coral,"Have you hit bottom yet?" I guess that is the million dollar question! Well here is a little insight, today on the MLS I found a home in Cape Coral for less than $50,000! That is right- LESS THAN $50,000! Wow!! The lot that that home is on probably sold for more than $50,000 a few years ago! I heard that someone sold a lot 3 years ago for $79,000 and they recently sold the lot again for $85,000! The difference- this time the lot had a 3 bedroom, 2 bath, 2 car garage … (2 comments)
reo: Waiting for Acceptance!
- 05/06/08 07:21 AM
We have a new issue that is causing stress to many agents in our marketplace. They have buyers who are ready, willing and able to buy and they are putting offers on homes. Many of these homes are short sales and it is not uncommon to wait 8 and in some cases even 12 weeks for an answer! The buyers have their heart and soul set on this home and are calling their agent daily to find out if they have gotten an answer! In most cases the only way an agent finds out his client offer was not accepted is … (0 comments)
I hear this question daily in Cape Coral,"Have you hit bottom yet?" I guess that is the million dollar question! Well here is a little insight, today on the MLS I found a home in Cape Coral for less than $50,000! That is right- LESS THAN $50,000! Wow!! The lot that that home is on probably sold for more than $50,000 a few years ago! I heard that someone sold a lot 3 years ago for $79,000 and they recently sold the lot again for $85,000! The difference- this time the lot had a 3 bedroom, 2 bath, 2 car garage … (2 comments)
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