Post Wilma speculation

Speculative buying not expected on Marco

After Hurricane Wilma, Marco Island won't experience the flurry of speculative investor buying that characterized the Cape Coral area after last year's devastating Hurricane Charley, real estate agents say.

In addition, two local experts don't believe there will be much fluctuation in the Marco housing market itself.

Bob Clausen, president of the Marco Island Area Association of Realtors, acknowledged that some speculators will eye Marco for possible lowball sales, but said it is unlikely to be a widespread tactic because of the higher pricing on the island.

Real estate agents expect little speculative buying after storm [Naples Daily News]

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