Jon Blaze Cape Coral Realtor

Are you a current active buyer in the Cape Coral/Fort Myers Real Estate Market who is currently trying to purchase a home and having difficulty locking in a home? Maybe you have looked at 10 to 20 or more homes and made offers on at least 5 or more of these and have yet to be able to secure even 1 of the home from your offers? If you are like many other buyers out there looking to purchase your first home or possibly a second or vacation home you probably have heard from your agent that the bank has chosen another buyers offer and you must now start the search process all over again and submit more offers to possibly only hear again from your agent the bank is requesting Highest & Best or they have accepted another buyers offer. The reason you are hearing these phrases is due to the current market conditions at this time in the Cape Coral/Fort Myers Real Estate Market. Yes, we are in a Buyers Market, but this is not your typical buyers market. The media has been promoting what great bargains and prices are at here for the last 12 months that many, many, many buyer and investors have been coming here and purchasing homes. So many that the competition has increased which has caused the demand to increase to purchase a home that houses are coming onto the market and buyers are getting into bidding wars to purchase. There are a lot of investors that are coming to town and purchasing homes with CASH and quick or short closes. This is creating a competition and many of the investors are winning the bids for homes over the private individuals looking to purchase homes because of their methods of making an offer, Location, Price Point as well as Condition of the home and offer. If you are struggling with these current issues then I hear your pain. I can help you to win your next bid on a home that you are interested in... If you are interested, please log into my listing book account by clicking on the link below and I will be happy to start talking to you and emailing you daily reports of homes that meet the criteria you are looking for in your new home as well as help you to finally secure your new home.

Listing Book

Local News Station Report about Real Estate Market

Article by News Station

Are you like everyone else out there wondering what the Real Estate Market is doing, trying to time the market for the best buy or deal? What is a great deal, would you know it if I placed 5 of them on the desk in front of you and said pick the best deal? Right now in SW Florida and especially Cape Coral and Lee County there are plenty of great deals out there and many, many buyers are scooping them up as soon as they hit the market. With the number of short sales and Foreclosures on the rise many home buyers (first time, 2nd home or investment) are finding the deals. They are buying homes at 50% to 60% discounts from what these homes were selling for prior to the even the peak or rise in the market 2004 to 2005. Plus they are also buying these homes at below replacement cost to build a brand new home. Many of these homes are less than 3 yrs old. Has the Real Estate Market hit bottom? I can not answer that for certain, I am sure in some areas of the Country and even Cape Coral sure, but overall probably not. I feel we are close but if I could predict the Peaks (highs) and Valleys (bottoms) of the Real Estate Market or any market (Stock, Commodities, etc..) I wouldn't be sitting here writing this, I would be sitting in my large office at the top of my skyscraper building in one of 10 countries taking care of my fortunes. What I am trying to say is if you are in the market place to purchase a new or first home, 2nd home or investment homes then now is the time to start looking and buying before all the great deals are gone and you are left looking at all the leftovers. No one likes being late to the party and having nothing left on the buffet table or the cheese with the water molecules on it from being out all night. If you don't want to be that person stuck with no good food then let's get looking, shopping and making offers today!! We won't know when the bottom of the market is until the bottom hits and we are 3 to 6 months later... Think about it, all the reports, charts and information that consulting firms and companies based their data on is what has already happened, so if you are waiting out there for NAR (National Association of Realtors) or some other company or news station to tell you that the bottom has hit then you will miss the bottom. They can only report on what data they get from past transactions. As the number of sales rise each month, guess what, number of homes in inventory begins to decrease. Sure we have a lot of inventory, but not enough that are those GREAT DEALS that you and every other person is out there looking for. If you don't believe me, maybe watching this video below will convince you that others are feeling the bottom is near or that the homes they are buying are that GREAT DEAL and worth the purchase now at 50% to 60% off. If you are interested in receiving information and even being able to search the database of short sale or foreclosure homes in Cape Coral, FL or Lee County Florida call me: (239) 770-6880 or send me an email: jon@villarealty.com and I will be happy to give you FREE access to a database of these homes and others.

There were 2,156 foreclosures filed compared to a record 2,467 in July, a fall of 13 percent.

What does this mean, have we seen the bottom of the market? I don't think so but we are or must be getting close. Where else can you buy a nice less than 3 year old 3 bedroom 2 bath 1,200 plus sq. foot home in tropical location for under $80,000? I think this means we are seeing less homes being foreclosed on because some banks are willing to work with the buyers and offers being made. They are seeing into the future and realizing if they don't release the inventory of short sales now, they will be in bigger trouble down the road. So let's clear the inventory while there are buyers and allow banks to lend more money to other buyers that are able and have the credit worthiness to purchase!! We won't know the bottom of the market has hit until 3 to 6 months after we hit bottom!!