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

 Expansion of our diversity in employment opportunites, continual improvement in quality of public education, maintaining a clean water supply, and absorbing over supply of real estate will manifest into a rebuilt local economy, attracting higher paying jobs, new start-up firms, and allow for enjoyment of all our special attractions here in southwest Florida. Bulding permitsd have dropped from a high of 22,200 in 2005 to only 1211 in 2008(www.lee-county.com), exisiting sales of single family homes increased from 5920 in 2007 to over 10,500 in 2008 (aided by swarm of foreclosures and short sales). We are close to a 50 % drop in prices in Lee County from 4th quarter of 2007 to 4th quarter of 2008. Charlotte County about a 38% drop. These numbers exceed the drops in Las Vegas, Phoenix, and San Francisco, all in the mid 30's %.

Once again, we have many visitors here for our great weather (80's), spring baseball training, (Boston Red Sox, Minnesota Twins here and Tampa Bay Rays in Charlotte), superb golf courses, pristine beaches, social and church groups, arts and crafts, and the opportunity to buy real estate at values many felt would never occur. Vacation and second homes make great financial sense. First time buyers get an eight thousand dollar tax credit. Mortgage rates are under 5%. There are many affordable choices. Let's get our mojo moving.