Wednesday, September 28, 2016
SWFL REIA MONTHLY LUNCHEONS
When: 10/6/16 Presenter: Mike McBride Mike began investing in real estate in 1999 and has been involved in mobile homes, buy and hold rentals, vacant land, rehabbing, and wholesaling. Topic: Lessons learned from wholesaling and rehabbing.
http://bit.ly/1EhTXyi
Thursday, September 22, 2016
Tuesday, September 20, 2016
Tonight! SWFL REIA GENERAL MEETING
Topic: HOW EXPERTS PREDICT REAL ESTATE MARKETS ! For the past 2 years I’ve been working on a secret manuscript – a manifesto. It contains reliable and proven information about how experts accurately predict what real estate markets will do, to position themselves for massive profits. Presenter: Stu Silver
http://bit.ly/1O9l2WL
Sunday, September 18, 2016
Friday, September 16, 2016
greater fort myers mlsFn6
Watch on YouTube here: greater fort myers mlsFn6
Via https://www.youtube.com/channel/UCcZImr64sN4bR4BB_JA82vg/videos
Thursday, September 15, 2016
Wednesday, September 14, 2016
Housing mistakes of the past for 2016 for Naples
Watch on YouTube here: Housing mistakes of the past for 2016 for Naples
Via Get It Dunn Channel
The post Housing mistakes of the past for 2016 for Naples appeared first on Steelbridge Realty LLC located in North Fort Myers.
Housing mistakes of the past for 2016 for Naples
Watch on YouTube here: Housing mistakes of the past for 2016 for Naples
Via Get It Dunn Channel
The post Housing mistakes of the past for 2016 for Naples appeared first on Steelbridge Realty LLC located in North Fort Myers.
Tuesday, September 13, 2016
North Fort Myers Real Estate Market Overview
Here is our North Fort Myers Real Estate Market Overview September 2016
Pricing is still trending up!
Year over Year | |||
North Fort Myers 2015 versus 2016 | |||
Lee County | |||
all data from MLS thru 9/13/2016 | |||
2015 | 2016 | DIFF | |
Volume | $111,601,765 | $125,360,914 | 12.33% |
Counts | 733 | 750 | 2.32% |
Average | $ 152,253 | $167,148 | 9.78% |
Median | $ 133,400 | $145,500 | 9.07% |
SQFT | 1,525 | 1,518 | -0.44% |
cash | 426 | 394 | -7.51% |
Cash % | 58.12% | 52.53% | -9.61% |
REO | 105 | 53 | -49.52% |
REO % | 14.32% | 7.07% | -50.67% |
SS | 9 | 10 | 11.11% |
SS % | 1.23% | 1.33% | 8.59% |
Distressed | 15.55% | 8.40% | -45.99% |
GA | 110 | 108 | -1.82% |
GA % | 15.01% | 14.40% | -4.04% |
Waterfront | 203 | 210 | 3.45% |
Waterfront % | 27.69% | 28.00% | 1.10% |
Year Built | 1986 | 1986 |
A Glossary for our North Fort Myers Real Estate Market Overview
REO= Bank Owned
SS= Short Sale
GA= Gulf Access
Notes:
- We have an increase in volume and sales counts. That is a really good thing! Due to this demand you also have both average and median pricing rising. Rising prices help owners with a higher basis gain entry to the market. This reduces the negative equity within the market. Negative equity – when a home owners has an outstanding mortgage bigger than the value of the home. If they sold their house, they would still owe money from the initial mortgage
- The Average price shows the upper end of the market moving.
- The median price shows the bottom of the market rising as well.
Some information on the North Fort Myers Real Estate Market Overview distressed market:
Lis Pendens:
August 2016: 101 Mortgage related Lis Pendens.
July 2016: 105 Mortgage related Lis Pendens.
August 2016: 127 Mortgage related Lis Pendens.
Certificates of Title:
August 2016: 133 Certificates of Title were conveyed.
July 2016: 120 Certificates of Title were conveyed.
August 2015: 152 Certificates of Title were conveyed
Notes:
More of the same.
We had a SLIGHT month over month and year over year decrease in Mortgage Related Lis Pendens Filings.
The top ten Lis Pendens filers represent 62.38 percent of the filings.
Wells Fargo was number 1 in filings. BOA was number 2
There slight increase in certificate of title conveyances.
Note: All Data exported from the MLS or http://www.leeclerk.org
North Fort Myers is a census-designated place (CDP) in Lee County, Florida, United States. The population was 36,609 at the 2010 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area.
Call 239 694 3300 or click here if you have any questions or we can help you with something real estate related.
The post North Fort Myers Real Estate Market Overview appeared first on Steelbridge Realty LLC located in North Fort Myers.
Thursday, September 1, 2016
SWFL REIA GENERAL MEETING, Networking and Education
SWFL REIA General Meeting Tues 9/20/2016, 6:00 PM HOW EXPERTS PREDICT REAL ESTATE MARKETS ! For the past 2 years I’ve been working on a secret manuscript – a manifesto. It contains reliable and proven information about how experts accurately predict what real estate markets will do, to position themselves for massive profits.
http://bit.ly/1O9l2WL