Featured Articles:

 
Property taxes seem high? Fight back: If property taxes seem unusually high on a property, look for ways to trim them.Here are three things that could lead to a change in an assessment: Click here for more>> Drayton Woods Has Country Club Setting: Drayton Woods is anything but a grassy area shaded by trees. It's Toll Brothers' latest development project. Click here for more>>
Tax Holiday Set For Appliances: Customers throughout Florida won't have to pay a sales tax when they buy energy-efficient appliances that cost up to $1,500 starting Thursday and continuing through Oct. 11. Click here for more>>
Big Plans, Big Questions: 22,000-acre Big Cypress - twice the size of Naples - is planned as a self-sustaining community surrounded by a nature preserve. Click here for more>>
City to determine development strategy for protected lands: The changes could mean up to 600 homes where there should be four. Click here for more>> Public, officials discuss future development of Immokalee: Multiple minds think better than one. And even more so when it's about their own redevelopment. Click here for more>>

Tip of the Month:

The buyers are out there, but they are cautious! As the market has continued to stagnate, prices have held fairly steady for most areas but we are in the midst of a stalemate. Sellers have taken a while to catch up with the market but I am now seeing some motivation appear. Buyers are still out there waiting for the deals and thinking the prices will drop further but we are only in a correction period to bring our market back to a state of normalcy. How long will the buyers market last is the question and if I had a crystal ball I could be rich. The point is this buyer's market is perceived and is relative to the wild price appreciation of the last year. Current price decreases will not last forever and with sellers becoming more motivated, NOW is the time to pick up some prime properties for at or under market value. If you are a buyer, I caution you not to wait too long to make that offer because THERE IS NO TIME LIKE THE PRESENT!

Helpful Resources:

Bank of America - Latest equity research on Ft. Myers, Orlando, Miami, Tampa and Charlotte, NC

Collier County Website

Lee County Website

Mortgage Rates:

Loan Type Today Last Week
30 yr fixed mtg 5.80% 5.80%
15 yr fixed mtg 5.50% 5.50%
5/1 ARM 5.51% 5.52%
30 yr fixed jumbo mtg 6.11% 6.11%
5/1 jumbo ARM 5.70% 5.69%

Click here for more at BankRate.com>>


Jessica Russo
Broker/Owner
Cell: 239-849-0012

JessicaRusso
@Comcast.Net

www.advancedrealty
solutions.net

Featured Listing:

Beautiful 3/2 Residence with Direct Gulf Access
17821 Rebecca Avenue, Fort Myers Beach
$625,000

• Direct, unrestricted access to gulf within 10 minutes from this Old Florida style stilt home in quiet neighborhood. Water views front and back. 30' dock.
• Beach address without beach traffic!
• Totally renovated kitchen with new cabinets, granite & stainless appliances.
• Updated baths, new flooring, new carpet, lighting fixtures. All neutral colors.
• Newly painted in & out. New landscaping and irrigation.

Click here for more details