This week on Pine Island there were five single family home sales (two of them were bought by my clients!) and one lot sale. There were about 170 single family homes actively listed for sale this week. If the current rate of sales were to stay steady at five sales per week, that would be good. That would mean we would be approaching a more balanced real estate market with 5.5 months worth of "inventory" (ie: homes for sale.) I think real estate prices are stabilizing here. Here are a few photo's I took on my morning bike ride. . .Pine Island is such a great place to live! For more information about Pine Island, Florida Real Estate, contact me, Erika Foye, accredited buyer's agent, at erikafoye@embarqmail.com or http://www.pineislandhomesandland.com/.
