Weathering the Shift in The Real Estate Market
Contrary to popular belief, the sky is not falling. The sky, and the weather it is producing is just not predictable. Who ever said people hate change wasn't kidding. I've never seen the likes of folk freezing in terror and not being able to use commons sense to make sound business decisions in real estate. I'm not saying sound as in "hold on you're getting top dollar for your real estate" but sound as in you might need to start thinking "stop-loss" and prevent further devaluation of what you have. Listen, you aren't getting what you paid for it and you're not getting what your neighbor sold for last year. It's time to face the reality of your own situation, whatever that may be.
Real estate 101: It's a market, just like stocks, widgets or hubcaps. Supply vs. Demand. Grow up and start playing with all of your cards or you're going to get pick pocketed. Start looking at it like business or you're getting your ass whooped.
Real estate 102: People make money when there's blood in the streets. Make your money going in. There are deals all over the place and savvy buyers snagging those deals everyone will be talking about in a decade. Yes, you'll hear wouldda, shouldda, couldda stories again. The seeds for those real estate stories are getting planted right now.
Here's a little bonus for you actually reading this far. Hit up this site www.moneyandmarkets.com and subscribe to their newsletter. If you're having difficulty coming to grips with the piercing reality of the economy, investing and the Bonita Springs real estate market, these folks might help put it into perspective.
That being said, here's the latest inventory numbers and absorption rates for the month of February in the year of our Lord, 2009. I'm not particularly religious, I just felt like saying that because I saw it in a Clint Eastwood western a few weeks ago. Everything has been all The Year of Our Lord, and Do You Feel Lucky, Punk for days. I *love* "Squint like Clint" week.
So here's your February 2009 real estate market report for Bonita Springs and Estero Florida. If you can't handle it, don't look. A Man's Got to Know His Limitations. *teehee*
Bonita Springs Estero Real Estate Absorption Rate
Months of Existing Inventory
Bonita Springs and Estero Florida Real Estate Units Sold