Marco Island Real Estate Statistics May 2010

The Marco Island real estate market took a breather in May. After months of consistent growth, the sales volumes showed below-average results with the overall sales volumes dropping just over 10% as compared to May 2009. Keep in mind, first half of 2009 peaked a little later then normal. In addition, the home buyer's tax credit may have been an incentive for more homes to close by April 2010. So, the questions is, will this trend continue?

As you can see from the graph below, Marco Island real estate sales volumes show some consistent fluctuations and is trending up. We would have to believe that these patterns will continue as prices have leveled off and demand is steady. Looking at the June volume so far, we are on track to meet or beat the May numbers.

For all the statistics, click Marco Island Real Estate Statistics May 2010

If you want to take advantage of the great buys in Southwest Florida,

contact The Bartos Group of Assist 2 Sell Buyers & Sellers Real Estate

at 239.394.3040 or visit www.Marco-Naples-Home.com

Vulture funds may lift real-estate market in South Florida - 09/21/2008 - MiamiHerald.com

I've consistently said that when the stock market is struggling that it wouldn't be long before we see the Southwest Florida real estate market pick up. With the bailouts of Freddie Mac and Fannie Mae and AIG, rest assured that some of the money that is in the stock market starts to show up in our real estate market.

As you can see from the graph, we are above average in sales for this year with an upward trend in sales growth. As we finish with our slow season, I would anticipate that we will see more buyers come in October-November to snatch up the pre-season values.

In the article, Victor Lopez, a former Hyatt development executive and current commercial agent, said .''The bottom fishers, if you will, have been standing around the sidelines,'' 'A lot of people out there are saying: `This is our time to get in.' ''

If he's right, it would be one of the clearest signs yet that South Florida's beleaguered real-estate market had bottomed, bringing the region closer to a recovery. If vulture investors are buying, the view goes, it's safer for others to start buying as well.

For the rest of the story, go to
Vulture funds may lift real-estate market in South Florida - 09/21/2008 - MiamiHerald.com