Evabalilk.com

The Perfect Tech Experience

Real Estate

Fort Myers FL Homes – Has the Market Bottomed Out?

If you rewind time to 2005, you will have found very few homes for sale in Fort Myers, FL. At the time, this area was home to the busiest real estate market in the country. Unbeknownst to anyone at the time, it was about to undergo a decline of historic proportions. The market was artificially inflated due to unreasonable speculation, and prices had gotten out of control. That was four years ago, now fast forward to today’s market.

Unrealistic speculation gave way to declining prices that eventually led to foreclosures resulting in the lowest prices for homes for sale in Fort Myers FL in over 10 years. What results is a once-in-a-lifetime opportunity to own a full-time, vacation, or retirement property that makes sense. At a time when many have seen unprecedented impacts on retirement accounts, the idea of ​​living the kind of retirement once planned may seem unrealizable. Many have seen this unprecedented turn of events and don’t know what to make of it. The fact is that people who are in a position to act in this crazy Fort Myers real estate market will reap great rewards.

Think about it this way. The area has a lot to offer. Golfing, boating, kayaking, fishing and hunting are just a few examples of the active lifestyle that is available 365 days a year. If you love nature and the outdoors, it’s hard to deny that Southwest Florida is truly a piece of paradise. The beautiful beaches and the warm Gulf of Mexico will always be a huge draw to the area. The savvy investor or individual homebuyer will find that the Fort Myers FL housing market is heating up in a very good way. Home values ​​are starting to consolidate, but are still a fraction of the cost of new construction. The time to act is now. Has the market really bottomed out? Many experts hope so. It’s only now that people are really starting to seize the opportunity to buy homes at these unprecedented prices.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *