SW Florida Real Estate Information

It’s a New Year . . . Can you feel the energy? Do you sense a change in our midst? But other than a feeling, how do you really know? How do you share that with other people—buyers, sellers, neighbors, friends and family. They are the first to ask you—”How’s business?”

Since January of 2008, overall single family home inventory has dropped 27%! Did you know that if all pre-foreclosure and foreclosure inventory were off the market, we would be in the most serious sellers market we’ve ever seen!

And, did you know that Cape Coral homes sales in the 4th quarter of 2008 were up 195% over the 4th quarter of 2007 home sales.

Alright then . . . inventory is down, sales are up, prices are down below replacement cost and interest rates are down to their lowest level since 1981!

“Business is wonderful! Sales are up 195% over last year, our home inventory is down almost 30% from last year, interest rates couldn’t be better. PLUS you can buy property in Cape Coral better than wholesale. Right now prices are below replacement cost! When the inventory is gone—so will these SUPER SALES PRICES!

Think about it this way; the housing market is like finding your favorite “toy” you have wanted for a very long time in the back corner on a clearance table, marked “75% off!” When you buy it—that’s it, there are no more, the sale doesn’t go on forever. When it’s over . . . It’s over!

The Bottom Is NOW!

If our inventory dropped another 30% in the coming year and Realtors sold just as many homes in 2009 that we sold in 2008—we would be out of inventory! This is without the mainstream media even touting a market correction, yet alone an economic correction! This is just doing what we are already doing!