fort myers home sales: Differing opinions create confusion - Lee County Home Condo Sales
- 10/29/07 01:09 PM
Third-quarter data indicates market direction What word best describes your feelings about our residential market? Would it be depressed, confused, excited, frustrated, optimistic or pessimistic? You may have experienced most, if not all, of these feelings depending on who you listen to or what your favorite media source is dishing out on that particular day. You may even experience opinion swings of 180 degrees, all in the same day.Can this be possible? Yes. It can happen because we are constantly bombarded with contradictory information and differing opinions, some of which are mutually exclusive. For example, in the past several weeks, one expert … (0 comments)
fort myers home sales: New Home Sales
- 07/31/07 12:40 PM
I just ran across this article on Home Builders that speaks volumes to what we are seeing in our marketplace. Builders are drastically slashing prices on existing inventory and there are some great deals to be had. It also makes a direct point on the downward pressure on our existing home prices. Land continues to fall in value and there is less and less interest in new construction starts. Bloody Week in July The last week has been an apocalyptic one for the home building industry, as you can see from the stories below. Public companies posted more than $2 billion in combined … (0 comments)
fort myers home sales: New Home Sales and Buyers Agency
- 03/26/07 02:18 PM
According to the Commerce Department who reported Monday that sales of single-family homes dropped 3.9 percent last month to a seasonally adjusted annual rate of 848,000 units, the slowest pace in nearly seven years. The decline followed a 15.8 percent plunge in January, the biggest one-month decline in 13 years. The weakness in sales was accompanied by a drop in prices with the median price of a new home falling to $250,000 in February, down 0.3 percent from a year ago. We are starting to feel this in our local markets as builders complete what was permited and started during the … (0 comments)
Lee County Florida's Real Estate Market
The ins and outs of sticking your toes in the sand when the sun is beating down in December. Finding just the right home or condo in Fort Myers or Cape Coral. Helping people understand to to buy and deal with foreclosures, bank owned REO properties and short sales. Opportunites exist and The Real Deal is my attempt to give you my perspective from the heart of our real estate world here in south west Florida.
Third-quarter data indicates market direction
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