Grandezza is a really nice community. While prices have adjusted in a downward fashion at this point remember that historically real estate is a market just like everything else that is bought and sold. Right now we are in a downward adjustment - the market will go back up - it's just going to take time - Estero is a hot bed of new development and it's vicinity to the airport and malls make it a great location !!!
Yes, unfortunately the market here is still showing signs of decline. I hope you bought your condo to enjoy the great lifestyle here. Hang in, the market will eventually improve and in the long term, you should do ok.
Keller Williams World Class Realty