Cape Coral- Fort Myers -Sanibel Island Florida Homes for Sale : Fort Myers Florida, Chart That Screams ‘List Your Home Today’

Joe Kendall, Realtor with Shore Line Realty a Waterfront and Gated Community Expert in Cape Coral, Fort Myers, Fort Myers Beach, Sanibel Island

Fort Myers Florida, Chart That Screams ‘List Your Home Today’

Fort Myers, Cape Coral  Florida Real Estate Market: Feburary 2016 Report

 

 In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 5.4-month supply. This is considerably lower than the 6-month inventory necessary for a normal market.  Charts That Scream ‘List Your Home Today’ |

 

DEMAND Every month NAR reports on the amount of buyers that are actually out in the market looking for homes, or foot traffic. As seen in the graph below, buyer demand in February significantly outpaced the last six months.

 

Many buyers are being confronted with a very competitive market in which they must compete with other buyers for their dream home (if they even are able to find a home they wish to purchase). Listing your house for sale now will allow you to capitalize on the shortage of homes for sale in the market, which will translate into a better pricing situation.

 

HOME EQUITY Sales of Single Family Homes SALE PRICE rose 11.5% and SALE PRICE  Condos Rose 13.0% Many homeowners underestimate the amount of equity they currently have in their home. According to a recent Fannie Mae study, 37% of homeowners believe that they have more than 20% equity in their home

 

 Homeowners who are undervaluing their home equity may feel trapped in their current home, which may be contributing to the lack of inventory in the market.

 

Bottom Line If you are debating selling your home this year, let me evaluate the equity you have in your home, as well as the opportunities available in your market. Please requset a home valuation by emailing me at Brokerjoe@me.com

 

 Listing and Selling Southwest Florida Homes, Condos Waterfront & Luxury Homes!

 

 

Joe Kendall BROKER "Broker Joe"

Keller Williams Realty Fort Myers & The Islands,

16 years of experience to offer You!

Fort Myers / Fort Myers Beach / Cape Coral / Bonita Springs / Naples/ Sanibel Island 

Search all the homes for sale located in Southwest Florida here

Phone 239-560-0726

Email BrokerJoe@Me.com  

 

Comment balloon 1 commentJoe Kendall Broker • March 22 2016 07:11PM

Comments

It is looking for a great Spring and Summer ahead as we are seeing multi offers and scarcity in many of our price points !

Posted by Michael J. Perry, Lancaster, PA Relo Specialist (KW Elite ) over 2 years ago

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