About Fort Myers' Stoneybrook At Gateway

Fort Myers Florida, Stoneybrook at Gateway offers great gated community lifestyles at Foreclosure Prices !

This morning I was out pre-viewing some foreclosure property in Stoneybrook located in Gateway a community just with in minutes of southwest Florida International airport . Stoneybrook has lots of amenities including pool, fitness center, tennis,golf, baseball field, soccer fields and an in line skating park. There is something for everyone here in the gated community of Stoneybrook ! The grand kids, the children even the child at heart has something to do here in stoneybrook.

The foreclosure market in southwest Florida has hit this development hard as well, this morning there where 12 homes listed as bank owned property listed from $121,000 up to a 5 bedroom 3 bath home for $202,000 Now is the time to take a serious look at the lifestyle of Stoneybrook at foreclosure prices !

Call today for a cmplete list of bank owned foreclosures located in Stoneybrook !

Joe Kendall, Realtor Sandals Realty
Waterfront & Foreclosure Specialist
Phone 239-560-0726 Fax 239-236-0422
Discover Southwest Florida www.ViewSwFlorida.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com

There is a heavy groundswell of support to make permanent the homebuyers $7,500 tax credit that was introduced as part of Stimulus Package 2008.

Support is also there to expand the credit to all homebuyers as long as it for a primary residence. Further impetus is for the tax credit to become a grant rather than the low interest forgiveable loan that it started out being.

If all home buyers become eligible for a tax credit without a repayment feature, it could result in an additional 555,000 home sales, enough to meaningfully draw down excess housing inventory, the NATIONAL ASSOCIATION OF REALTORS® says.

An evaluation of options for a home buyer tax credit by NAR shows wide ranging implications and benefits. A full credit to all buyers means an additional 2.22 million households would meet the income requirements for purchasing a home, but only one in four of those households would actually make a purchase.

Under the current $7,500 first-time home buyer tax credit, which must be repaid over 15 years, 264,000 households meet the purchase requirements. Using the same assumptions, with plans to hold their home for a median 10 years, it would mean only 66,000 additional sales.

Analysis of other options shows that if only first-time buyers are eligible and the repayment feature is dropped, it could mean an additional 202,000 home sales. If extended to all home buyers but the repayment feature is retained, the gain would be 181,000 home sales.

These projections could have a far reaching impact on many local markets. Lee County, Florida is one of those markets. Home prices have tumbled and affordable is now the name of the game. Single family homes are selling far below replacement cost and duplexes are one of the single best current investments.

Log on to Hope4HomeBuyers.org and see some of the best deals in the nation.

Are you waiting for the rock bottom pricing before buying a new home? Are you waiting for interest rates to be lowered again? Here are some indicators that you may have been on the fence a little too long.

First, interest rates. To help bolster the economy, the Fed last month lowered a key interest rate by one-quarter percentage point to 2 percent. However, it signaled that may be the last reduction for some time. The Fed is hoping that its powerful rate cuts along with the government stimulus package of tax rebates will help lift the economy out of its funk in the second half of this year.

Secondly, sales are on the increase at a very steady pace. Fort Myers-Cape Coral posted the highest growth in the state-up 41% over last year. And with the average median price now below the statewide average, look for pricing to stay level for now and begin to increase by the 3rd quarter of this year. See the report below.

When it comes to buying or selling any property or a home, two types of ideas may come to the mind. Whether you should appoint an agent for selling your property or should you do it yourself depends on your personal aptitude. If you do it yourself, you are doing it the FSBO way. In FSBO, the idea of negotiating may be intimidating. Negotiating skills are something we all possess, but the onus is on negotiating effectively so that neither you nor your buyer looses. Buyers can move away due to the seller's inflexibility, everything can down hill from there, and truly this should not happen. Sellers should enter into reasonable negotiations.

The best deal is that which both buyer and seller feel like the winners.
Buyers and sellers are not always focused on same points to same degree. For one party price might be more important, and the time to the other. Sometimes negotiation is just to balance things out. Besides negotiation, FSBO is also about obtaining leads. In fact, lead generation is the most difficult facet in real estate FSBO because no lead means no clients. Various methods can be practiced for gaining leads like through your friends and acquaintances and asking for recommendations and referrals.

Personal contacts also can fetch you leads. Through personal contacts, you may have to personally visit prospective buyers. Stay a while, have a little chat with them, know them and let them to know you. You can also use direct or Mass mailing and send your brochure or sales letter to your mailing list. The strategy here should be: avoid describing your skills even offer them with a probable solution according to their interests or worries. Some modern methods may also fuel it as Emails. Send prospects with brochures with offers of an e-book, or subscribing to your weekly newsletter. Newsletters can be a useful method for generating and keeping leads. In the era of internet what can be better than the websites. It guarantees a twenty four hour prospect connection. Be sure to add the informative facts of yourself, display your property listings and provide customer tips. Now, when you get a lead, contact the client with enthusiasm. To keep it you should constantly put yourself in the situation of that client. Please never put your client on hold and take action immediately.

The southwest Florida real estate market is showing signs of becoming healthy again, particularly in certain regions. One of those regions is the Gateway area of Fort Myers. Gateway seems to be a well insulated market for several reasons. It is an excellent of mature and new communities, it has an excellent proximity to both the Fort Myers and Naples job markets, it is easily accessible to major shopping and new schools and is well poised for growth.

Here is a snapshot of one of the top neighborhoods in Gateway, Stoneybrook at Gateway.

New Listings

Recent Sales

For more complete information on Stoneybrook at Gateway (YES, I am a resident) or other real estate related matters contact me at Neil@themoneytrein.com or visit themoneytrein.com or call me (239) 823-7704