Michael Thompson's Blog (5)

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By CHRISTINE ARMARIO, Associated Press Writer Christine Armario, Associated Press Writer – Sat Aug 1, 3:37 pm ET FORT MYERS, Fla. – The Vangelakos' southwest Florida condominium has marble floors, a large pool overlooking a river and modern furnishings that speak of affluence and luxury. What they don't have in the 32-story building is a single neighbor. The New Jersey family of five purchased their unit four years ago, when Fort Myers was in the midst of a housing boom and any hints of an imp… Continue

Lee County, FL. Property Values: Lee County, FL. 2007: $96.4 Billion 2008: $84.5 Billion 2009: $63.5 Billion 2008-2009 % Change: -24.8% Cape Coral, FL 2007: $21 Billion 2008: $15.7 Billion 2009: $10.4 Billion 2008-2009 % Change: -33.5% Lehigh Acres, FL 2007: $7.19 Billion 2008: $6.36 2009: $3.37 2008-2009% Change: -46.9% Fort Myers, FL 2007: $7 Billion 2008: $6.8 Billion 2009: $5.2 Billion 2008-2009 % Change: -23.4… Continue

What is the difference between a Picnic Table and a Realtor? A: The Picnic Table can support a family of 4! Continue

I am so tired of having to deal with incompetent realtors, unfortunately, this will never go away. My favorite thing is when I represent a buyer and send an offer over to the listing agent and then get this response: "Well, that is unacceptable, ridiculous offer. The property is listed for $199,000 and your buyers are offering $180K??? That's 20% below asking price, this isn't going to work" WOW - Didn't know you were the seller Mrs. Listing Agent. Didn't know you graduated #1 in Math either… Continue