Just a quick note to say that while we are still seeing price decreases, we are starting to see some random price increases. AND lot sales have picked up a bit! We still have some great deals, especially for the end user who wants to make Marco their long-term home/investment. I'm encouraging my hold-outs to buy this summer. There are a variety of short-sales, foreclosures as well as unemcumbered properties to choose from-a great chance to get on the water or near the beach for 2003 prices.
We are seeing some high end houses being sold in the last month-including one that closed for 7.75 million! 26 houses have changed hands on Marco Island in May-this summer is the right time to buy, as prices are better for buyers than they have been in years. Something you need to be aware of though: not every property for sale is distressed.
That said, we do have experience with short sales, and can explain the ropes! Short sales require you to be well qualified, and PATIENT. Lenders unfortunately have HUGE backlogs of foreclosures and buyers are at the mercy of these extended time tables. If you want to buy something quickly, there are plenty of great properties on Marco Island that aren't distressed.
Another problem created by current economic strains are being felt by animal shelters-many pets are being surrendered because the owners either can't afford to keep them or are moving and their pets can't go along. If you have the ability to adopt, please do! You may also want to consider donating time or money to these organizations that work diligently to find homes for these pets in need. We adopted our beautiful Vizsla from a breed rescue here in Florida, and she has been a wonderful addition to our family!
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We list and sell on Marco Island in Collier County, Florida! We also list and sell in Isles of Capri, Goodland, Naples and Golden Gate Estates.
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