Tuesday, January 1, 2013

Falling Real Estate in Fort Myers FL

Realty in Fort Myers FL is starting to turn to a seller's market, as the inventory of properties has visited 30 percent lately, driving a 21 percent boost in the typical sale price. The number of these properties which are distressed is reducing, as well.

This comes after a several years of disheartened rates and rampant foreclosures. In fact Fort Myers was placed 7th among the top 9 markets with rising real estate values. Current house purchasers have actually had the lowest default rates ever

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