Greg Snow - Southwest Florida Real Estate Expert provides real estate services to Cape Coral, Fort Myers, Sanibel and Captiva Islands

  When buying a home, there are many potential obstacles to finding the right one and then closing on it. If it is an REO or foreclosure, add in negelected property and disinclined asset or loss mitigators and you have "Bam! Let's kick it up a notch". Better be cooking with all the right ingredients to get your home. The two very best assets you have are being patient and being courteous. Buyers and their agents brand themselves as losers in the pursuit of a successful closing by "copping an attitude", making unrealistic demands on the REO agent, low bidding on a "new" property on the market, or basically NOT understanding how the process works.

Yesterday, our January housing stats for Lee County Florida were released to the media which included the good news that our current inventory levels are 4.2 months, down from 21.5 months a year ago. Unfortunately, this message was lost as one of the media outlets used a statistic not released by the Association, but attributed to us, focusing on the decline in the median single family home price vs. the height of the market.

 This update means we are selling in Lee County.

Next blog on DO's and DO NOT's on buying in our market