Brett Ellis

Industry insiders Brett Ellis of the Ellis Team at RE/MAX Realty Group in Fort Myers Florida and Adrian Jacobs from Countrywide Home Loans recently produced a short video on effectively dealing with the banks on short sales. The video explains what the banks look for in a short sale, how to qualify the seller, why a pre-approval is important, why a lien search is a good idea, and the advantages of working with a CDPE (Certified Distressed Property Expert). To read more visit our Tips on Short Sales Video or view the video directly.

We also outline how to buy bank foreclosures in Cape Coral and Fort Myers.

The Ellis Team SW Florida real estate State of the Market Report was released this past week, and in it were some startling observations. Two areas of the county, Central Fort Myers and Bonita Springs - Estero saw average price increases in 2008.

Overall single family inventory was down over 15%, and the months supply of inventory dropped 42.66% down from 30.57 months of supply last year to 17.53 this year. Visit our 2009 State of the Market page to download the full report, or read our Top Agent Blog for more detailed information on markets such as Estero, Bonita Springs, Fort Myers, Fort Myers Beach, Sanibel and Captiva islands, Cape Coral, Lehigh Acres and all of SW Florida.