Southwest Florida is " Ground Zero" of the Foreclosure Crisis * Live Broadcast !

By
Real Estate Agent with Keller Williams Realty of Fort Myers & The Islands Broker BK3099912

 

                        

Joe Kendall Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, I have  discussed over the last 12 months a lot of information regarding foreclosures and bank short sales.I have provided information and the process on helping home owners what direction to take in working with banks and mortgage companies to avoid foreclosure proceedings. I have talked about the process of buying bank owned property, the importance of home inspections and your approach on making offers on bank short sales.

  

Southwest Florida real estate market has seen better days that is for sure,we are in a area in 2003 through 2005 where one of the fast growing areas in all of the United States ! We have come from a huge building Boom to now a real estate bust ! As people where buying, building and refinancing at a unbelievable rate. Here is a recent live broadcast on NBC Today's Show about Lee County Florida as the "Hot Zone" in this Country of the mortgage melt down !    

 I remember going to get my taxes done this year and my tax accountant was asking me about the real estate market at the time he told me he was amazed how many people where treating "their home like a bank" and piling on refinancing and home lines of credit like there was no tomorrow ! it was not a matter of if ? But a matter of time when this was going to come to a screaming halt!

The good news is for home buyers that have come and visited southwest Florida over the past 10 years and could not afford to buy a home or condo in southwest Florida for one reason or another, Well affordability has returned and the variety, locations and your choices on construction is endless! If you are thinking about your future and thinking that sunny southwest Florida is for you?  Then now is the time to act! Get in on the Hot prices as soon the word well get out and everyone from around the country will be focused on southwest Florida and trust me the cycle will slowly start again.

Search Thousands of Homes in the Foreclosure Process at www.joekendall.listingbook.com  

Joe Kendall, Realtor Sandals Realty
Phone 239-560-0726 Fax 239-236-0422
Discover southwest Florida www.ViewSwFlorida.com
Search Homes in Southwest Florida www.JoeKendall.listingbook.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com

  

   

Posted by

 

 Listing and Selling Southwest Florida Homes, Condos Waterfront & Luxury Homes!

 

 

Joe Kendall BROKER "Broker Joe"

Keller Williams Realty Fort Myers & The Islands,

16 years of experience to offer You!

Fort Myers / Fort Myers Beach / Cape Coral / Bonita Springs / Naples/ Sanibel Island 

Search all the homes for sale located in Southwest Florida here

Phone 239-560-0726

Email BrokerJoe@Me.com  

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Florida Lee County
Groups:
All Things Florida
Cape Coral Florida Real Estate
Posts to Localism
Anything Southwest Florida Area
Addicted to Active Rain
Tags:
lee county
bank owned
foreclosure
avoid foreclosure
bank short sale
florida
live broadcast
mortgage crisis
todays show

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
215,890
Gail MacMillan
Titusville, FL

Hi Joe - I can't believe the reporter from Today Show said properties are selling at prices from 10 years ago.  Do you agree with this?  I know we both have been saying prices have rolled back to 2003 in our areas - but 1998???  Brevard County has NOT gone back to 1998 prices, what about you?

Gail MacMillan

Sep 29, 2008 01:43 AM #1
Rainmaker
542,932
Joe Kendall Broker
Keller Williams Realty of Fort Myers & The Islands - Fort Myers, FL
It's Always best to talk to "Broker Joe"

Gail,

Our prices are getting so low, I just don,t know what to say anymore ! I was out with a young couple and they put an offer in on a house that was a 2 bed , 2 bath home listed for $59,000 !

Oct 07, 2008 02:10 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
542,932

Joe Kendall Broker

It's Always best to talk to "Broker Joe"
Request a list Waterfront Homes and Lots here
*
*
*
*
Spam prevention