Saturday, May 23 2009
After 10 days with rain dominating all or part of the day - it is great to see the sun shining again on Sanibel Island. And the outlook for the weekend is sunny! This is true both actually and metaphorically.
It is true that it has been raining for most of the past 10 days - we desperately needed the rain so we are grateful. An unusually early 'tropical wave' and stalled low pressure system were the cause.
What is also true is that the sun is shining on Sanibel Island Real Estate at this time. There have been many people visiting here and bringing their check books. Contracts are being written and properties are selling again. It seems as though the cloud has lifted slightly and the folks that have always wanted to own on Sanibel Island are coming back. May 2009 (through the 22nd) are outpacing the previous 4 months. We have had 16 homes and condos close already and the number of properties under contract is growing. With the prices as relatively low as they are and the interest rates being at such low rates, it is truly a great time to buy.