Cape Coral / Lee County Florida - Bottom is GONE!!!!!

I wanted to share some surprising figures with you to shed light on our real estate market. Many buyers still remain on the fence about pulling the trigger. I urge you to read this email - we are down to inventory levels of 9 months. Most of the offers I am placing are up against multiple offers and my buyers have been beaten out of many homes because they have either low balled the offer or did not get in quickly enough. The investors are back and are blowing through our inventory.

Interest rates are going to rise in the months to come and lenders are tightening their guidelines - do not miss your opportunity. I have personally closed over 30 transactions this year and the time to buy is NOW. We had a 1% price increase last month and all indications are showing that now is the time to buy.

The information below is based on MLS data and does not include sales from builders and developers -

IN APRIL, LEE CO HAD ITS BEST MONTH IN 22 MONTHS! (not all sales are posted)

CLOSINGS ARE UP 279 PERCENT!!

Inventory of unsold home plunges to 9 months. Did you blink and miss the bottom of the market?

You know you reached bottom when

Unit sales increase

Homes on the market decrease

Fewer price concessions

Homes are affordable

News Press Existing home sales rise in Lee County.

Prices INCREASED 1% in March.

1783 Pending Contracts for residential properties in Lee County.

April 13,2008 Sales of home strongly accelerating!

Ignore the headlines, here are the real facts! Straight from the MLS.

Cape Coral

19% of all Cape Coral home have an ACCEPTED offer!

Homes on the market have dropped 9% since December 15th.

Cape sales are actually better than Lee County

Lee County

13% of all of Lee County Homes have an ACCEPTED offer!

Re-published with permission.