Friday, October 16, 2009

Home Sales in Lee County Buck National Trend -- Almost Double Prior August Results ! And, yikes, 'bidding wars' and "housing bubbles" are back!

The Lee County housing market fell harder and faster than the national average, and is now blowing away the national market on the upswing as well -- year-over-year August sales were almost DOUBLE in this portion of southwest Florida ... (The median price of a house sold was $89,300, off 39 percent from the $146,900 a year earlier. )

Another recent article (see links at end) provides further evidence that the Fort Myers real estate market might be on the mend >> the return of 'bidding wars' !!

If you've been thinking the time is right to make your move, consider staying with us while you shop for your piece of paradise ! We're booked thru April 2010, but offering the period May thru September 2010 at the 'economy blues' rate of just $1100 per month TOTAL ! That includes all utes, the exit clean, AND the 11% Florida taxes !

And here are the links to the full News-Press.com articles ...

Article re Doubled Housing Sales for August '09
Article re Lee County Market First-Timers Find Prices are Right

And how long before this Las Vegas trend emerges in Fort Myers ?? ... Oct 16'09 Business Insider article re "Seriously Folks, The Housing Bubble is Back"


(And, no, I'm not a realtor ! Just like to keep our readers informed, and then maybe they'll stay with us in return !)

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