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  • When is the right time?

    Having spent part of my career in the Investment Banking Business I often would see on any downturn in the market the flood of people that would put in their sell orders and on any up turn they were also putting in the buy orders. Now if you consider that as a good philosophy for investment you must subscribe to the “buy high and sell ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on January 26, 2009
  • May Rules change the Landscape of Lending

    The new lending rules have really put a damper on foreign nationals purchasing property. With the falling dollar, the foreign markets were a tantalizing market with the opportunities that existed with low prices and the difference in currency. However, as usual we have taken a positive and put a damper on it.  The new rules, if you are in ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on May 10, 2008
  • The Housing Crisis Is Over

    It is articles like the following from the Wall Street Journal that should get more attention from those interested in the Truth! The Housing Crisis Is OverBy CYRIL MOULLE-BERTEAUX The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on May 7, 2008
  • The Best Opportunity in 35 Years

    With all the press and pundits talking about the doom and gloom scenario, they for some reason have failed to view the glass as half full. It is often said that the best teacher is history, so here is a brief history lesson. It was back in 1973 when interest rates were about the same as they are today. That was considered a buyers market then, ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on May 6, 2008
  • Home Sales Market Update

     Real Estate although painted with a broad brush by the press has always been a local market. It is impossible to make a claim that the Real Estate Market is up or down unless we explain that we are talking about more down areas than up areas in general or we address a specific market. It is too broad to even state that the Southern Florida ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on April 9, 2008
  • The Economy and Real Estate Today

    Our educational system is woefully short in the education of how our economy works and survives and stands as one of the strongest in the free world. Although our dollar was once the bench mark of the monetary system its current shortfalls are not predicated on the capitalistic system that is still the strongest and most resilient system that ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on April 29, 2007
  • SW Florida Market Report April 2007 (Update April 2007)

    With the first quarter of 2007 now in the history books those that had been making all sorts of dire predictions of a market crash and bursting bubbles have  been proven to be more alarmist than prophets. When good fundamentals are in place investments will rise and fall but seem to always find a level that returns them to normalcy. This is ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on April 9, 2007
  • March 2007 Market Conditions

    In Southwest Florida the days of multiple offers and lotteries for properties ended about two years ago. I am kind of happy and also sad about it. I am happy because we have turned to a much more normal market and the flippers are gone. I am sad because a dog with a note in his mouth could sell anything and commissions during that period were ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on March 15, 2007
  • Market Watch 2007 News Press

    Market Watch News Press Coverage (2/21-07) This February event attended by several thousand people was less than what they expected.The two main speakers Frank D’Alessandro and Denny Grimes delivered less than anything earth shattering in their message. FD was someone the News Press relies on for the inside scoop on the commercial ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on February 28, 2007
  • Flipper Leaves Florida

    Flipper Leaves Florida No it’s not the dolphin, it’s the property flippers, those investors hoping to turn a quick profit on the buying and turn around sale of real estate.  Speculators in the past often realized huge profits in a very short time during the hot market 12-18 months ago.  The stabilization of the current ...
    Posted to Fort Myers No Spin Zone (Weblog) by 11345 on December 18, 2006