Linda Flack & Associates

I'm visiting my daughter and her family in St. Louis and I noticed that this is a vibrant city.  Lots of industry and diversity keep the economy moving forward.  Cape Coral and Fort Myers are tied to the building industry and tourism.  The City and County can't get out of it's own way to intice industry into our area. ...

Homes for Sale under $100,000 in Cape Coral We have customers that are looking in the under $100k price range in Cape Coral.  These properties are moving fast and most are in great condition.  I have written multiple full price offers for properties to have them overbid by others. That is a good sign for the real estate ...

Last week I had the pleasure of attending the Miami Board International Convention.  I was delighted with the enthusiasm and attitude of the Board members and Realtors that I met. They were the ultimate professionals with an eye to the future. I connected with international agents for Russia, England, France Brazil, Costa Rica. They are ...

Market sales of homes by the numbers in Cape Coral. These numbers are the past 30 days of information from the MLS. 337 single family homes closed 719 under contract 48 under contract but contingent upon some other factor before closing (probably will close) 458 active contingent short sales  (a small chance of ...

There are a ton of Foreclosures still to come.The on and off again market.  Wow, just when you thought we were out of the woods we are back in deep weeds.  Just as we think we are stuck in the mud mire, it opens up again.  I’m getting a nervous tick. Off again on again.  Buy at the bottom.  That is the basics ...

Short Sales are out of control in Cape Coral and Fort Myers I have received one call after another to try to short sale homes and land.  It is truly epidemic.  I really wish I understood the thinking of the banks and what is reality in dealing with short sales.  Taking a short sale is like going to the dentist for a root canal. ...

June 8, 2008Watch out for  the call or mail that “bails you out”.Ok SW Florida the predators are out.  If you find yourself in trouble with your mortgage I have a warning for you today.  A friend of mine in Cape Coral called me and said she had received an offer from her mortgage holder.  The offer had stated that ...

Rates on 30-year mortgages fall to lowest point in a month WASHINGTON – May 16, 2008 – Rates on 30-year mortgages edged down this week to their lowest point in a month, This is great news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.01 percent for the ...

Auctions; are you a novice?  Then you shouldn't be bidding.  I heard about a recently that there was a real estate auction in Fort Myers at Harbourside.  I also heard that property went for more than it is worth.  Auctions are renowned for that.  You had better know your product and know for certain what leans are ...

According to the Newspress Lee County spiked to 2160 foreclosures in April.  Does that sound like a buying opportunity to you?  It does to me.  These homes typically are in great shape.  The previous owners have left these homes in pristene shape (for the most part).  They are all being sold as is with right to ...