Good Morning yes we broke the 5k mark finally (5156) with 1444 units selling in the last week !

Were still in bidding war situations in all properties but not as aggressive on some properties as we saw 2 weeks ago.

Were getting many calls from clients on when to sell and thinking the spring, the only real answer is when we have limited inventory and we do have very limited inventory and as inventory rises this gives buyer more choices and what this means is less money for sellers.

We will keep you posted on the rise of inventory and the changing conditions We secured are investment property in Florida , I’m very excited about this one !

It was looking grim for a while on a weekly basis we got beat by other buyers and no inventory both New Construction or resale was coming out and if resale did come out they where located in undesirable ares or the interiors were in bad shape.

During the process we saw the escalation on pricing just as were experiencing here in Toronto, the particular model I purchased increased 20% in value in 45 days, it was a wild ride learning about different construction methods,, learning about flood zones, pros and cons about purchasing near the beaches vs Downtown core and Commercial airport, running the performa’s with different factors to make sure the property is profitable in both passive income and future appreciation. At the end its a small investment but an exciting one why? Ive never been to Fort Myers or the gulf side of Florida for that matter and for me to get an American mortgage to buy American Real Estate and be paid in American Dollars to own it is a win win for me just there.