Analysis of REO Sales Lee County Florida 2016
This is a small part of the presentation. I thought this was worth sharing. It truly shows how the distressed market has changed in just a year.
- This is my work done for me and shared with you.
- All data exported from MLS and trended with Excel.
- Data exported 1/11/2017 at 12:56
What is REO?
- Real estate owned (REO) properties, also known as foreclosures, are homes or propertiesthat are bank-owned.
Here is a “big picture view” of the REO Sales Lee County Florida 2016.
Here is a Bubble chart of those 2 years. Bubble charts are very illuminating in showing trends within a market.
This is an amazing opportunity.
- There is a large demand for investor quality deals and few deals to be had.
- The institutionalized distressed market in and of itself is a bit of a closed society. When this part of the distressed market losses its market share it creates opportunities.
Here is a video on the above post.
Helping you buy, sell and lease.
Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting edge marketing techniques and data driven Real Estate solutions in today’s ever changing environment.
About the Company:
- Steelbridge Realty LLC is a Real Estate Brokerage Company that utilizes cutting edge marketing techniques offering Real Estate Solutions in today’s challenging environment.
- Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
- During the beginning of the housing downturn Steelbridge Realty LLC was the brokerage arm of several private equity entities. We assisted them with asset modeling and market metrics. We also assisted them in the sale and leasing of these assets. Many prominent commercial projects were included in this scope of transactions.
- When the distressed market dried up, Jeff and Cristina Tumbarello bought the other partner out and relocated the firm to North Fort Myers. The firm serves as a boutique style firm catering to its client base and providing North Fort Myers Realty services to the surrounding area.
About Jeff & Cristina Tumbarello:
- We have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.
- We are considered to be a subject matter expert (SME) for sources of data in regards for the current trends in foreclosures, along with overall Real Estate Trends. We have performed market metrics and product modeling for the capital markets and several private equity firms. We also have been a Trainer/Speaker for the Florida Housing Coalition.
You can contact us with the form below or call 239 694 3300 X102