Things are heating up in Southwest Florida in more ways than just the Thermometer.
Real Estate presents great opportunities for fine investments there. The activity has picked up substantially due to the opportunity and buyers who believe that we are at or near the bottom of this market. A friend of mine just purchased a property in Naples that originally listed for $1.2 million for $635K. Updated, remodeled and walking distance from 5th Ave. Cycling even for me. His agent who is experienced in this market estimates that it will be worth $1+ million in the reasonably near future.
Two of the agents in my Market Center have a number of $1 Million + listing under contract in Naples and Bonita Springs. Our Market Center will have its most profitable month in some time. The opportunites are there a knowledgeable buyers are back.
The opportunities are there. You just need to know where to find them or at the very least know an estremely knowledgeable agent to help you find them. The media will catch on about 6 months too late to get the best deals.
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