John S. Barrett Recognized for 5 Star Service

Amerivest Realty of Lee Island Coast is please to congratulate John S. Barrett on being recognized as one of Southwest Florida's Five Star Real Estate Agents. GulfShore Life surveyed recent homebuyers, magazine subscribers and industry experts to find the best real estate agents in Southwest Florida. The article further stated that "experts say at least 90 percent of homebuyers rely on real estate agents for advice and guidance. For the complete article please visit Gulfshore Life.

April Home Sales Up 32% From Last Year

The Realtor Association of Greater Fort Myers and the Beach, Inc. reports that a total of 684 existing single family houses were sold in April.

That's a 32 percent increase in the number of single family houses sold compared to last April. In addition, 1176 single family homes are pending, reflecting a 47.2 percent upswing since April, 2007. Most encouraging are the absorption (supply in months) rates as the current absorption rate for single family homes is 9.9 months, well below December, 2007 when there was nearly 23 months of inventory up for sale.

"We're seeing a gradual improvement in the market and are optimistic that with the current interest rates and affordable inventories in the market there is a window of opportunity for many residents who had been unable to afford a home in recent years," said Ron Carpenter, President of the Realtor Association of Greater Fort Myers and the Beach, Inc.

The median sales price is $180,000, up 21 percent from 2003 levels, but down from year ago by 16 percent. Moderately priced inventories are moving as buyers are taking advantage of the lower interest rates and the affordable property values in the market. Based on the 4-month trend, it is anticipated that existing single family home sales will out-pace 2007 sales by 30 percent. "It is apparent that buyers are seeing the value of homes in Southwest Florida and are entering the market at increasing numbers."- Jenny Moorhead, Amerivest Realty of Lee Island Coast


Florida Weekly, May 14, 2008 Digg It

Blog Access/Guidelines

Access Instructions:
To Request Access, click on the following link that will send an email to:
5 Star Support (5Star@AmerivestRealty.com)
Please include your full name, office location, the name of the blog you want access to and the email address the invitation should be sent to. Within 3 business days, you will receive an email from Blogger.com inviting you to participate in the blog you requested, if appropriate.

You must follow the link in that email to be authorized as an author. It will prompt you to login with your Google account, or create a Google account if you don't have one. As you sign up, blogger will begin assisting you in setting up your own blog, you can just exit this mode if you don't want your own blog.

Guidelines
Posts should be news and information about your local real estate market, especially market conditions, statistics, new developments, etc. Feel free to contain links to more content including links to your website and sign your post with your name and contact information.

Amerivest Realty reserves the right to deny access or edit/delete content at it's sole discretion.