What can I buy for 1,000,000

As a full time resident in Cape Coral, Florida I am asked often what is available in Cape Coral and Fort Myers for sale. After searching online many come up confused as to what you can actually purchase and for what price. In this series I will explore homes in all price
categories to give out of area buyers a better idea of the area.

Today we will be visiting homes that can be purchased right around $1,000,000. There are several great options from single family estate homes, to beach houses to oceanfront condos!

So what does 1,000,000 buy in the Cape Coral, Florida and Fort Myers, Florida 2010 real estate market?

Here are a few of my favorite options:

Below you will find many more options for spending $1,000,000 on Southwest Florida real estate.

So, what do you think? Ready to make the investment?

Call Susan Milner at (239) 218-2229 for more information on these, or any other listings in and around Cape Coral & Fort Myers, Florida.

Susan is the broker in charge & owner of Florida Future Realty, Inc.. Florida Future Realty, Inc. is an independent real estate brokerage centrally located in Cape Coral, Florida.

Yours in Success,

The Florida Future Realty, Inc

239-542-8521

inquiry@floridafutureagents.com

Homes still selling in Cape Coral?

Are we still selling homes in Cape Coral? The answer is yes, and in record numbers.  We have been getting so much negative national media attention, that our ideas are clouded with misinformation.

The National Association of Realtors published their polls and it shows that in 2009 with the assistance of realtors, 16,260 homes were sold.  In 2005 when the housing boom began, the record was 12,123

However one significant change is the declining home prices. In 2005 the median home price was 278,200, now in 2009 we were at 90,400. This decline is due to the record number of short sales and foreclosures now flooding the real estate listings.  Sellers are now coming to their senses and listing their homes more realistically, their homes are worth significantly less from what they were selling for 5 years ago.
 

The fact of the matter is that homes are STILL selling.  We may have to navigate through a few detours, from bank negotiations to new lending laws, but properties are moving.

Buyers also need to understand that there are great deals to be had, but when a property is under market value as many of them are, they may sell very quickly and most likely there will be multiple offers.

So when searching for real estate in Cape Coral, we suggest you secure your financing and act quickly when you find the right home at just the right price.  Call one of our agents at Florida Future Realty to assist you with your home buying experience.

Yours in Success,

Florida Future Realty Team

(239)542-8521

inquiry@floridafutureagents.com