Bonita Springs and Estero Real Estate Market just keeps getting better

You just can't argue with data. Reduced, rock-bottom home prices (but not for long) have driven a buying frenzy. Why does that not sound right given what you hear on the nationwide media everyday? Simple. The nationwide media is reporting on the average for the nation and with the economy, in general and without question, suffering negative real estate news bolsters the position.

Regardless the nationwide picture, real estate is local, supply and demand economics are the easiest to understand. There was an oversupply. During a recent sale meeting someone mentioned not having enough inventory on hand.

Using a round number for combined inventory and an absorption rate of 719 properties per month, all the inventory will be sold in ten months!

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