Real Estate, Florida, Cape Coral, Fort Myers
Real Estate Market Watch Cape Coral, North Fort Myers, Fort Myers, Lee County Florida,sold and active properties
Real Estate in Florida
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In my last Blogs I was talking about that the Real Estate Market in Southwest Florida will recover faster than expected. The market is on a turning point right now. We are seeing multiple offers on good priced properties. We did not have this since quiet a while. Buyers and Investors are seeing their chance to get into the market with the prices still low and the inventory still high enough. Chances are very high to find the right property to a very good price right now.

If you are a seller and want to sell your property fast, one way to do so is to price it right, drive thru your neighborhood and look at properties currently for sale, look at those properties and compare it to the property you are trying to sell. Then put yourself in the buyer's shoes. Which property would you pick? This will show you fairly quick what you as a seller need to do, to convince the buyer to buy your property and not the one down the street.

If you are a buyer/Investor, now is the time to buy, Interest rates are still low, prices are still down. But Invetory is decreasing and prices will increase. In 2004 that almost happened over night, here also everybody expected the Market to take off but nobody expected it to happen that fast and that high. I am not saying that that will happen again and this time probalby not that fast either. But I would not take the chance to miss out if it would.

2008-04-20 03:51:36 GMT
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