It’s Independence Day here in SW Florida and across the great United States so it’s time to celebrate. What a great country we live in. Local sellers are rejoicing as well as new reports show more homeowners celebrate their independence from their underwater mortgage.

For years homeowners were trapped in their home because they owed too much money to sell it. Inventory is limited across the country because of it. In fact, it’s causing an affordability crisis in many lower end neighborhoods because they are 3 times more likely to be underwater as homes in the top third. Buyers are having a hard time finding an affordable home in these areas.

More Homeowners Celebrate Their Independence From Their Home

Here in SW Florida we have an inventory shortage. The good news is many that were underwater could sell now when they choose to. They are no longer trapped in a home they don’t need or a mortgage that’s tough to afford.

More Homeowners Celebrate Their Independence From Their Home

As you can see from the Home Prices graph media sale prices have increased 145.48% since January 2011. That’s just what the doctor ordered for many sellers. Our prices were over-valued but they fell too far and too fast. Our market has healed and the economy is doing better in Florida than the rest of the country.

We wrote last year that one of the final steps to a healing housing market would be an increase in financed sales. We’ve written on this many times. If you really care to research search the term cash sales on our Blog.

Cash Sales in SW Florida

Cash sales are at their lowest point since the downturn. This means an infusion of capital and confidence has come back into the market. Cash buyers were never going to propel this market to a normal healthy level. Cash buyers were limited, and many wanted a good deal when the market was down. They didn’t want to overpay.

Today it’s different. With inventory so low sometimes cash is King, but the difference is they have to pay market value even with cash to compete against all the other buyers. Several years ago we had multiple offers, but only because they were basement prices. Today we have multiple offers from end users who want the property to enjoy, not just flip.

Banks have become more confident in home values, appraisals, and lending again. Banks were gun-shy too, but now real estate is seen as a solid investment. Depending on how things turn out with Greece, Puerto Rico, and the Euro, hard assets may become king again and there may be a flight from stocks to real estate again.

If you’d like to search for your piece of paradise here in SW Florida check out It has all the listings and it’s fun and easy to search. You can even find out how much your home is worth there too.

Making a move is a complicated process. Talking to a Realtor who understands the process and what it takes to sell a home so you can buy another one is Gold. We are experienced and we can help you. It’s just communication and working through your needs and finding solutions.

If you’d like to speak with us, call us at 239-489-4042 or send us an email You can always use our website too and we can get back in touch with you.

Enjoy your weekend and celebrate your Independence, both as a country and possibly as a homeowner.

We have a new way to search the MLS we think you’re going to like.  To search the entire MLS go to

We have some additional pages you might like.

We’ve added popular neighborhoods, gated communities, luxury waterfront high rise condominiums and more.  Here are a few neighborhoods you can check out:

We have many more so head on over and check them out.

Client Detail with Addl Pics Report

Listings as of 05/29/07 at 10:44am
Active 01/15/07 Listing # 200704785 6910 Deep Lagoon Ln Fort Myers, FL 33919-6154 Listing Price: $525,000
County: Lee

Prop Type Residential Prop Subtype(s) Single Family
GEO Area FM09 – town + Subdivision Town + River
Building Des Split Bedrooms
Beds 3 Living Area 2429 Tax Data
Baths(FH) 3 (2 1) Price/Sq Ft 216.14
Waterfront Yes
Year Built 1986 Lot Sq Ft (approx) 14680 ((Tax Data))
PID 20452423000000280 Lot Acres (approx) 0.337

Directions  Take Cypress Lake Dr, make L at McGregor Blvd. Turn R at S Town and River Dr. Turn L at Deep Lagoon Ln.
Property Information  Welcome to beautiful Town & River Estates! Located just off McGregor Blvd this much sought after community feels like home. This custom home is like no other: situated on an oversized lot with an immense tiled lanai you’ll appreciate the self-cleaning heated pool and spa over-looking a long lakeview. Inside there is more to marvel at with cherry hardwood floors and spanish-tiled floors; island kitchen with tiled countertops and tons of cabinets; living room, family room, and a formal dining room that could seat 12! You will also appreciate the vaulted ceilings, ample storage and linen closets, oversized garage, french doors to the lanai, and more than can be described here. Show this first and you will be pleased!

Status Type Resale Property Zoning Rs-1
Building # 0 Unit Floor 1
Total Floors 1 Den No
Furnished Unfurnished Ownership Desc. Single Family
Approx Total Area 4881 Lot Size- Frontage 105
Lot Size- Back 105 Lot Size- Left 140
Lot Size- Right 140 Pets No Approval Needed
Elevator None Cable Available Yes
Garage Attached # Garage Spaces 2.00
Legal Unit N/A Construction Stucco Siding, Wood Frame
Parking 2+ Spaces, Driveway, Paved Parking Community Type Other/See Remarks
Amenities None Cooling Ceiling Fans, Central Air
Restrictions Deeded Roof Tile
Exterior Features Deck, Patio, Storage, Sprinkler Auto Irrigation City
Security Alarm Monitored Flooring Carpet, Tile, Wood, Other/See Remarks
Water Central, Filter Waterfront Descrip. Lake, Seawall
Rear Exposure E Windows Single Hung
Sewer Central Heat Central Electric
Boat/Water Access None View Lake
Kitchen Island, Pantry Private Pool Yes
Pool Description Below Ground, Concrete, Equipment Stays, Heated Solar, Screened, Self Cleaning Interior Features Cable Prewire, Cathedral Ceiling, Custom Mirrors, French Door, Laundry Tub, Pantry, Pull Down Stairs, Skylight, Smoke Detectors, Vaulted Ceiling, Walk-in Closet, Window Coverings, Surround Sound Wired
Master Bath Descrip Dual Sinks, Shower Only Private Spa Yes
Spa Description Below Ground, Equipment Stays Equip/Appliance Incl Auto Garage Door, Dishwasher, Disposal, Microwave, Range, Refrigerator/Ice, Smoke Detector
Guest House No Num of Ceiling Fans 6
Dining Description Breakfast Room, Formal Approval Info Other/See Remarks
Possession At Closing Maintenance Includes None
Terms Buyer Finance/Cash

Presented By: Sande L Ellis RE/MAX Realty Group
Primary: 239-489-4042
7910 Summerlin Lakes Dr
Fort Myers, FL 33907
May 2007 Web Page:
Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved.

Tomorrow local hispanics from all over SW FLorida plan to march in protest of the new immigration bill going through Congress.  The bill is hung up now on technicalities but is expected to be voted on after the Easter break.  Hispanics are a large part of our economy and their presence matters a great deal in SW Florida.

Here are details on the parade route.  Police are planning on opposition to the march.  Read News Press Story on Opposition.  The immigration march has been heavily publicized.

Many local Hispanic businesses are actually shutting down for the day.  The impact from such a shutdown is yet to be known.