Posted on March 21, 2014 - 08:21 AM
by Tom Demogenes
Double digit gains in their homes are giving borrowers more equity as well as more confidence in the real estate market, but declinging affordability is hurting potential buyers. In addition to rising prices, higher interest rates are also moderating the housing market recovery.
Tom: Locally, we are not seeing any signs of slowdown. To the contrary, it seems that many people from up north, who are finally "above water" and/or are reaching retirement age, are moving here or buying vacation homes. 2014 is shaping up to be the strongest year (regarding prices) since the Great Recession.
Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.
Copyright 2019 Multiple Listing Service of Greater Fort Myers and the Beach, Inc.; All rights reserved. The data relating to real estate for sale on this web site is the copyrighted and proprietary database of the Multiple Listing Service of Greater Fort Myers and the Beach, Inc. The properties displayed may not be all of the properties in the MLS\' database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than Luxury Waterfront Team are marked with BR logo and include the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; buyers are advised to verify facts before making the decision to purchase a property. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Information provided is for consumer\'s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for \'scraping\' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-20.