There’s more good news about coming to Southwest Florida, and this one applies whether you’re a local or a visitor. It seems flying in and out of Southwest Florida International Airport is a high-flying experience.
First opened to the public about 30 years ago, Southwest Florida International Airport, also known as RSW, continues to meet the needs of countless travelers in and out of the Fort Myers area. Once conceived as an alternative to the existing local airfield of Page Field, RSW has now grown into the nation’s third largest airport when taking into account land size alone.
Southwest Florida International Airport, known as RSW, scored a tie for first place among the best airports in the country in the medium-sized airport category, according to a J.D. Power airport satisfaction study released last month. It tied for first place with Dallas Love Field.
Optimism is everywhere in Southwest Florida these days, the economy is back in a big way as evidence of the growth is everywhere!
Who doesn’t want to escape this icy cold winter? Aren’t we all tired of shoveling snow and seeing daily temperatures dip below freezing? The Collier County Tourism Bureau is raising billboards in Chicago, Minnesota and other cold climate areas to call attention to sunny Southwest Florida and lure tourists to Naples and Fort Myers for a winter getaway.
I wish that I had a dollar for every time that I get asked, what will the owner take for that property? The best way to answer this question is to take a look at the average selling price to listing price ratio of all homes sold in the Fort Myers area in the last year. In 2013, homes in Lee County on average sold for 96% of asking price
Hard to believe, but we just don’t have enough real estate inventory to satisfy the demand of all the buyers currently in the market here in Fort Myers. In many of our gated communities, much of the realistically priced inventory has been snapped up by eager buyers.
On average it cost just over $27,000 more to purchase a home in the Fort Myers area in 2012 than it did in 2011 with average selling prices increasing from $153,021 to $180,082. This increase of 17.6% in the average selling price is among the highest in the nation for the 2011 – 2012 time period.
I wish that I had a dollar for every time that I get asked, what will the owner take for that property? I usually pause, rub my hands over my virtual crystal ball and proclaim once again that over the last three years over 50,000 properties have sold in Lee County and the average selling price is 94% of asking price.
The common theme from our team this past quarter was that buyer expectations were not aligned with the realities of the real estate market here in Fort Myers. Many out-of-town buyers showed up expecting to “steal” a foreclosed or short sale property for a HUGE discount off the asking price.[…]
CNN/Money ranked Cape Coral/Fort Myers region as the 3rd fastest growing MSA in the nation for the decade of 2000-2010 with a growth rate of 60.8%. Cape Coral/Fort Myers closely trailed Charlotte (64.6%) and Raleigh (63.4%) for top national growth rates.
On average it cost just over $21,000 more to purchase a home in the Fort Myers area in 2011 than it did in 2009 with average selling prices increasing from $132,068 to $153,021. This increase of 15.87% in the average selling price is among the highest in the nation for the 2009 – 2011 time period.