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Michael Thompson's Blog (5)

Top subprime servicers as of March 31st 2009

Added by Michael Thompson on October 6, 2009 at 6:46pm — No Comments

Fla. highrise has 32 stories, but just 1 tenant (Downtown Fort Myers)

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… Continue

Added by Michael Thompson on August 2, 2009 at 11:16am — 2 Comments

Lee County, FL. Values / Market Outlook

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:… Continue

Added by Michael Thompson on July 8, 2009 at 9:30pm — 2 Comments

Real Estate Joke of the Month!

What is the difference between a Picnic Table and a Realtor?

A: The Picnic Table can support a family of 4!

Added by Michael Thompson on June 29, 2009 at 1:07pm — 5 Comments

Shady, Unethical, Ignorant Real Estate Agents

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… Continue

Added by Michael Thompson on June 28, 2009 at 12:33pm — 12 Comments

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