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May 29, 2009 | Posted by: roboblogger

Drastic drop in Lee home values

Full story: Nbc-2.com

LEE COUNTY : Property values have reached historic lows across Southwest Florida, according to preliminary figures just released by local property appraisers.

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Mark Fletcher

East Northport, NY

Judged:

with so many house robberies its not suprising nobody wants to live here

Angel

Cornelius, NC

Judged:

There's been a drastic drop in home values throughout the country. Lee County's just faring worse than most counties because the home values had become so over-inflated over the past years.

Mrs Horning

Lehigh Acres, FL

I have to agree with Angel from NC.
Prices arn't really dropping they where just way over priced in the first place. And to be honset some still are over priced.

Mr Boombostic

United States

prices will revert back to 2000/2001 as the buyers are offering .60 to .70 cents on appraised value now anyway and very little is selling.

The truth

AOL

Home values go down---millage rates go up!

Jim

United States

Judged:

It's a lot nicer in SW FL than Trashport or anywhere on Long Island for that matter.

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