- Artificial List Prices Affecting the SW Florida Real Estate Market August 26, 2010A few years ago we reported that listing agents were listing homes at ridiculously low prices to create buying interest simply because the home was being sold as a short sale. This is a bad practice for several reasons, and yet we’re seeing it continue today. This past week I noticed two different homes, each located [...]Brett Ellis
- Lee County Florida Sheriff Answers Questions about Arizona Immigration Law and More August 23, 2010We interviewed Lee County Florida Sheriff Mike Scott on this week’s show. Sheriff Scott answered tough questions on Arizona’s controversial immigration law, how his officers conduct traffic stops and how they handle possible illigal immigrants. We also asked Sheriff Scott his thoughts on terrorism, border control, patrolling SW Floridas’s waterways, the manatee, red light cameras, [...]Brett Ellis
- Distressed Sales on the Rise in SW Florida August 20, 2010We just pulled up sales numbers for Lee County for July 2010 and we see a trend continuing that began about 4 months ago in many areas. Except for Cape Coral, the percentage of sales that are distressed is rising throughout the county. Cape Coral has remained relatively steady at about 62% of all single [...]Brett Ellis
- Where are Prices Headed August 13, 2010This is the question most often asked, by both buyers and sellers. The truth is nobody knows for sure, but the market usually leaves clues. Sometimes the market leaves strong clues a kindergartner can figure out, and sometimes they’re more obscure only a tea leaf reader might understand. So what clues is the market leaving right [...]Brett Ellis
- Social Media Update – Ellis Team August 9, 2010Increasingly more and more consumers are finding us and working with our agents from social media. Here is an update on some of our social media efforts and where you can find us. Back on June 21, 2010 we wrote a blog article about our recent videos and our SW Florida Real Estate Video Channel which [...]Brett Ellis
- Spotlight on Whiskey Creek August 8, 2010Whiskey Creek is one of Ft Myers long standing prestigious communities established back in the early 80’s era. Before Whiskey Creek, the prestigious areas of Fort Myers were off McGregor, Ft Myers Villas, and Tanglewood to name a few. Back in the 60’s and 70’s smaller homes were prevalent with shag carpets and lime green [...]Brett Ellis
- 2nd Qtr SW Florida Real Estate Sales 2nd Best on Record July 30, 2010As we’ve been telling you in these articles, we expect sales to trend downward once official numbers were released, and that is the case. We still have some pretty good numbers though, and as you can see by the chart, the 2nd quarter of 2010 is the 2nd highest on record. 2009 was the highest [...]Brett Ellis
- State of the Southwest Florida Real Estate Market July 26, 2010It’s been a little while since we released the official SW Florida Real Estate Current Market Index. This index accurately predicts the near term forward direction of the local real estate market by analyzing current market activity against inventory levels and assigning a value. A lower index level indicates a hotter the market, and a [...]Brett Ellis
- Spotlight on Reflection Lakes July 15, 2010In addition to providing data on the SW Florida real estate market, we thought it would be nice to highlight some local Lee County communities and explore what is happening in that neighborhood today. This week we’ll focus on Reflection Lakes. Reflection Lakes is conveniently located in south Fort Myers and boasts scenic lakes, special nature [...]Brett Ellis
- Health Care Tax on Real Estate Sales? June 28, 2010Maybe you’ve received the e-mail making the rounds these days which states “Under the new health care bill – did you know that all real estate transactions are now subject to a 3.8% sales tax?” Of course I was alarmed because a tax on real estate would be just one more blow to the economy, [...]Brett Ellis
