April 2012 SW Florida Real Estate Market Update

The Ellis Team at RE/MAX Realty Group in Fort Myers recently published a video with the latest housing statistics for the Lee County market.  Sale prices are up and inventory is down.

This video goes through pages of graphs and data to illustrate the latest trends in the Fort Myers and Cape Coral real estate markets.

If you'd like to search the MLS, check out our free MLS Search Page

Brett Ellis
RE/MAX Realty Group
7910 Summerlin Lakes Dr
Fort Myers, FL 33907
239-489-4042.

Top 10 Tips to Sell Your Home in Today's Market

We just added a new video for sellers with our Top 10 tips for selling your home in today's market.  Can you guess what the top tips are?  Watch the video to find the answers.

We hope you find these tips useful.  If you need an agent in sunny SW Florida to assist you with buying or selling, feel free to call the Ellis Team at RE/MAX, or visit our website for virtual tours, Search the MLS for Free

Brett Ellis
Ellis Team at RE/MAX Realty Group
7910 Summerlin Lakes Dr
Fort Myers, FL 33907

239-489-4042

Ellis Team Adds Short Sale Specialist as Banks Gear Up For More Short Sales

The Ellis Team recently hired Marisa Morgan, a long time Bank of America Mortgage lender to assist with the banks growing desire to close more short sales instead of foreclosures.  Marisa found herself answering questions from Realtors on how to properly package short sales so the lender would take the offer instead of foreclosing, and she brings that experience to SW Florida and The Ellis Team at RE/MAX in Fort Myers, Florida.

Brett recently wrote an article that will be published in the Fort Myers News Press this weekend entitled Banks Revving Up For More Short Sales. It explains in details the intricacies of a short sale and what to look for in packaging the deal to the lender.  Brett and Marisa also discussed short sales in Cape Coral and Fort Myers on the Future of Real Estate Show entitled "Banks Gearing Up for More Short Sales in Fort Myers, Cape Coral, SW Florida"

A Gem in Reflection Lakes

Looking for great real estate values? Then Lee County is the place to look! Check out this second floor, 3 bedroom, 2 bath Carriage home in beautiful Reflection Lakes. There are upgraded stainless appliances in the kitchen and easy care, wood-like laminate floors in living areas. The Master suite has a luxurious bath with separate shower, tub, dual sinks. To get all the details go here

SW Florida Real Estate Market Update September

This week's Future of Real Estate Video Show focuses on the September 2010 SW Florida Real Estate market. In this report we focus on pending sales as they are an indicator of potential future closings, as well as current available listing inventory and put it in historical perspective.

We've seen many reports lately by those who don't track inventory numbers closely so we decided to clear up some of these discrepancies. We've changed the format and gone to a high definition format. Next time we'll work on making sure the screen captures the entire graph.

The graph covers inventory in Fort Myers, Cape Coral, Lehigh Acres, Bonita Springs, Estero, and all of Lee County Florida real estate.

Visit our website Topagent.com for more information on Lee County real estate, or feel free to search the SW Florida MLS

First Home Blamed for Bringing Michigan Lender Down

Read entire story and links to Fort Myers News Press article regarding SW Florida Builder First Homes and Michigan credit union.

SW Florida was one of the hottest housing markets in the country, and with that came overbuilding by several builders and investors who failed to accurately evaluate the market. This is a classic example of the "What a Bigger Fool WIll Pay" theory until finally the market collapsed under it's own weight. The rebalancing of the SW Florida real estate market is a healthy thing, although we have seen much pain along the way and the First Home crisis is just another example.