MLS inventory bulging
Buyers rule the day in the current real estate market here in Southwest Florida. The growing inventory has pushed all the leverage to the buyers side of the balance sheet. Just how big has the inventory of available property gotten here in Lee County?
For illustrations sake, let's assume that you are interested in buying a home in Lee County. Also lets assume that you want to look at every property that is currently for sale and have a super-organized, GPS guided uber-agent that can show you a house every 15 minutes. How long would it take to see them all? Assuming a 16 hour day of viewing properties, it would take 282 days. That my friends is a buyers market.