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Lee County Real Estate Back to a Normal Market

Web Admin - Friday, February 24, 2012

Lee County Real Estate has seen it’s trials and tribulations. We have been battling foreclosures and prices spiraling out of control since 2005. Banks have been reluctant to lend money while the economy has taken a plunge leaving many Lee County residents without jobs. However, things are looking better for the real estate market moving into 2012 

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Lee County Real Estate bucks National Trend for October

Web Admin - Friday, November 25, 2011

Lee County real estate prices rose 15 percent from a year earlier, rising from $89,100 to $102,100, according to statistics released Monday by Florida Realtors, while distressed sales dropped to 440 compared to 1,146 last October. Nationally though, prices dropped 4.7% from last October and sales rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October from a downwardly revised 4.90 million in September, and are 13.5 percent above the 4.38 million unit level in October 2010  according National Association of Realtors®. 

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