The Estero real estate market for the month of March is showing improvement, but still not showing the strength as exhibited by the Naples real estate market. The buyer’s market continues and it is weaker than last year. HOMES: Homes available for sale, as of March 31 – totaled 303. Of this total 61 were [...]
Estero Real Estate Home Market Update – May
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The statistics presented and discussed below are global in nature for the Estero area and do not represent the more important micro-market views which can vary greatly. The Estero real estate market for homes is starting to show signs of stabilizing in many aspects and prospective buyers should be aware of the positive changes. Listings: [...]
Estero Homes for Sale – Inventory
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The available homes for sale in the Estero area saw a drop in the number of homes for sale as of the close of business on April 30. The current number of homes for sale was 471. This represents a drop in the inventory of 57 homes. The decline represents of about 11 percent. In [...]
Estero Real Estate Condo Market Update – March
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Listings: The new listings for the month of March 2009 were 64 condos in the Estero area. The number of condos listed in March 2008 was 55. The increase of new listings of condos was 16 percent. In March 2007, the new listings were 71, representing a drop of 7 condos or decline of 10 [...]
Home Valuation Changes
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Home Valuation Code of Conduct Changes Effective May 1, 2009 The Federal Housing Financing Agency’s Home Valuation Code of Conduct (Code, or HVCC) will be effective on May 1, 2009, and will require that the lender order the appraisal. The intent of the Code is to help ensure that borrowers, homebuyers and secondary mortgage market [...]