As we head into the 2011 season here in Southwest Florida, we just thought we would give you one more look at the most recent home and condo sales data. Basically, it still shows that through October, prices are rising and the inventory continues to fall. The story is true for all price ranges and locations.
The bottom line is you need to be prepared for having less choice when it comes to purchasing a home or condo this season. And, in all likelihood, you’re going to pay a little more for it this year too.
Cape Coral and Ft. Myers Real Estate Sales Data
- Total Sales YTD of 16,400 Homes and Condos vs 17,165 in 2010.
Continue Reading SW Florida Real Estate Sales: October, 2011 Update
Tags: buyers, Florida, markets, real estate, sales
The following is a review of the real estate tax profiles for the Southwest Florida counties of Charlotte, Collier, Lee and Sarasota. The information comes from a report completed by Florida TaxWatch that reviewed local government taxing and spending policies and practices for the year 2010.
Just when inventory levels have hit lows in this area not seen in years, some of the premier Florida developers are poised to begin building again in a very large way in 2012.
Fair Isaac Corporation and data provider CoreLogic announced last week they are collaborating on another new credit score that will focus on sharing more personal consumer information with mortgage lenders next year. FICO scores are the industry standard for determining credit risk on mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration and this move is intended to provide a separate score that will incorporate information from sources like payday loans, evictions and child support payments. Future additions will likely include information on things like the status of utility accounts, rental payment histories and even cell phone account payments.
