Bargain Hunters: Head To Fort Myers!
I've probably gotten fifty phone calls from people in the last couple of years who want me to find them a real estate bargain -- then, they'll buy.
Well, if you're looking for a great deal on a residential property, spend a few days looking around in Fort Myers. The Florida city about halfway between Sarasota and Naples has recently suffered a huge drop in real estate prices.
According to the National Association of Realtors and as reported in the St. Petersburg Times, Fort Myers has experienced a 53-percent drop in home prices from the first quater of 2009 to the end of the second quarter. That's a huge loss in only six months. In fact, it is the largest loss in value in the entire U.S.A.
Well, if you're looking for a great deal on a residential property, spend a few days looking around in Fort Myers. The Florida city about halfway between Sarasota and Naples has recently suffered a huge drop in real estate prices.
According to the National Association of Realtors and as reported in the St. Petersburg Times, Fort Myers has experienced a 53-percent drop in home prices from the first quater of 2009 to the end of the second quarter. That's a huge loss in only six months. In fact, it is the largest loss in value in the entire U.S.A.
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posted by Terry Ward at 3:45 AM
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