Robert Reardon's Blog

JULY 2008 UPDATE                    Our local Real Estate Market continues to be a buyer's wonderland with a still huge inventory of homes, condos/townhomes, and vacant lots for sale. With interest rates at really affordable levels, we are in a unique time for buyers that won't last forever, it's...

May Update Good news travels fast. Recently a prominent real estate Broker in Fort Myers had a wonderful few weeks. Selling dozens of homes and townhomes in Coral Lakes, a new gated community in north Cape Coral, at what were unheard of prices. Lines of anxious buyers formed outside the sales cen...

A few weeks ago an old friend, and loan officer, Olga Alfonso, stopped by our offices. Excited with her new situation, she has associated with Expert Mortgage Group. Her specialty and what gives her the most job satisfaction, is first time buyers, finding grants, and programs for our entry level ...

Assist-2-Sell Sellers and Buyers Advantage Realty  is encouraged by this week's announcement that six of the nation's largest mortgage lenders will reach out to homeowners most at risk of losing their homes through a new plan known as "Project Lifeline."  The Company is also pleased to see such s...

One of the constants of Real Estate is that market conditions are local. National, regional and statewide market conditions are important and do influence our local market. If potential homebuyers, for example, from other parts of our country cannot sell their home, it directly affects sales loca...

The New Year always brings a sense of optimism, hopes and goods wishes. We may have made our New Year's resolutions to do many things. Are you dieting? Or promising to spend more time with family and friends? Are you making a commitment to stop smoking or exercise regularly? We generally enter th...

                                 With snowbird season just around the corner, many potential home sellers are debating whether to wait until after the holiday season has passed to list their homes. So much time is devoted to friends and family at this time of year. Do homes sell during the holida...

November Update A buyers market continues as inventory levels of both new and existing homes and condos continue to remain high. From a buyers point of view conditions could not be better with a tremendous amount of choices and sellers becoming more accepting of the market forces.From September 2...

Our market is still in flux and downward pressures are still in play. I'm not sure if it's some kind of a single day record but on Monday October 1st, 2007 approximately 660 single family homes listed in the Greater Fort Myers and the Beach Association of Realtors MLS expired. The next day an add...

Our local real estate market and overall economy continues to show signs of eminent recession in this part of Florida. We have not seen any brakes yet on the declining property values and there are more than 1600 homes in pre-foreclosure in this area. Short sales can be the remedy for these prope...