Tune in each week to The Future of Real Estate locally on AM 1240 in Lee and Charlotte Counties covering Fort Myers, Cape Coral, Punta Gorda, Port Charlotte, Estero, Bonita Springs, and Collier County AM 1270 covering Naples and Marco Island.
 
Each week we present our featured listings and talk about real estate issues affecting you.  The show is hosted by The Ellis Team at RE/MAX Realty Group in Fort Myers Florida in SW Florida, Top Agents in real estate.
If you’ like your question answered on the show, post a comment here.

We have updated our latest Housing Statistics for Fort Myers Cape Coral real estate, and for SW Florida Real Estate.  Latest charts show number of homes closed 2006 Vs. 2005 by month, and sale prices 2006 Vs. 2005 by month, as well as a breakdown of all major Florida cities.

This page is a one-stop shop for all SW Florida real estate value statistics.  If you have any questions regarding values in SW Florida real estate, please contact us.

Mortgage rates have dropped for the 5th straight week, to a national average of 6.15 percent. This was down from 6.21 percent the week prior. Recent economic news points to low inflation in the near-term which is causing the bond market to act favorably.

Because of this, the mortgage market has reacted and lowered rates, which is good news for home buyers right now in the Lee County Florida real estate market looking to purchase a home.

Lower borrowing costs help offset some of the higher housing prices we’ve seen the last few years, and it’s all about affordability. While we have no shortage of people who can afford to live here, it’s nice for the home buyers who are on the fence and barely able to afford to buy. Those are the people that really need the help, and lower borrowing caosts help them the most. It would be adviseable for anyone one the fence to purchase now before both mortgage costs and prices get out of reach.