Jeffrey Tumbarello's (jctumfl) Blog

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Services for Real Estate Pros - South West Florida Real Estate Investment Association

ARCHIVED BLOG POSTS

2008 

While the rest of the world crashes, we are increasing in sales!   This data is a courtesy of one of our Corp Sponsors. All of our Corp Sponsors can be found at http://www.swflreia.com/businessdirectory.html If you are an investor these are the people you should be doing business with. If you hav...
09/22/2008
On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. All insured non-brokered deposi...
09/22/2008
Number of deeds conveyed by the clerk of the court via foreclosure action 1210 Number of Mortgage related Lis Pendens 2156   The trend is changing. The deeds being conveyed is starting to gain momentum.     Notes Lis Pendens Filings   •         We had a reduction from July to August. The key to w...
09/22/2008
Get to know your farm market like the back of your hand. You should have the value pegged. That way you will not work on deals that will not make you money. The key is to quickly kill the bad deals to focus on the right ones. Then when you know your market. How will you get paid? Its really boils...
09/22/2008
A Basic Understanding of Real Estate CyclesI am sharing my own research which, I use for my own selfish reasons I do not hold my self out as an expert. I am just a Real Estate guy, trying to feed his children! In support of the statement above, I will readily change any and all beliefs, I have, w...
09/22/2008
Lee County Lis Pendens for the Month of July 2008, 2467, up 3 percent from the 2,390 foreclosures in June. In July 2007, there were 1,045 foreclosures.Foreclosures are doing what they're doing, but the good news is that people are buying foreclosures, so at least there is a demand for these.The 3...
09/22/2008
First things first, most days I get some sort of prediction from someone about the state of the housing market. I have found that most of these are either driven by an agenda or by emotion. There is too much speculation as to what tomorrow may bring, when today is here, right in front of you. We ...
09/22/2008
Summer is supposed to be the slow time here in SWFL  looked up July YOY last night This is for Cape Coral SFR sales, 7/1 -7/23 07 versus 08 2007 102 sales money in motion 28,968,595 Avg sale 284,006 Median sale 239,500 2008 227 sales Money in motion 41,136,410 Avg Sale 181,218 Median sale  142,30...
09/22/2008
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Jeffrey Tumbarello

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