Have you started thinking about your goals for 2012? If buying a home is one of your top ten we have gathered some of our area market statistics from 2011 to help you in making a plan to achieve your dream of home ownership. If you are on the fence about buying, I am here to tell you that prices are rising. Last year the average single family home sold for 130,990. This year it has risen to 149,417. That is more that a 14% increase, and to top it off 97.7% of those homes were sold in 30 days or less. Still waiting to see if the market has hit bottom?
Thinking of selling? Now more than ever is a great time to spruce up your digs and get it listed. Our super busy selling season is here. We are clearing out inventory at a great pace here in Cape Coral FL, don’t miss out on your opportunity; buying or selling we are here to help. Luxury, waterfront, golf course, short sales, and distressed, we want to help you start out your 2012 with the sale or purchase of a home here in SW Florida. Please don’t hesitate to call we look forward to hearing from you!
It appears that after a few trouble years for our local real estate market the clouds are parting and the sun is shining brightly over Cape Coral and Fort Myers Florida. There have been two studies performed by two separate online search giants; Realtor.com and Trulia. They have suggested through their research we (Cape Coral) are poised for a real estate rebound.
Realtor.com has published a Top Ten Turnaround Report. It states that there are “6 Florida cities that were considered good bets for an upswing in sales.” This information was gathered through a formula that was created by analyzing recent price appreciation, changes in inventory, median age of inventory, number of searches through there site (Realtor.com), and area unemployment statistics. In Cape Coral we have experienced an increase in the median home price, smaller amount of inventory, our unemployment rates have stabilized, and we have seen recently; an influx of foreign buyers to our market.
Realtor.com turnaround list (Florida cities only) includes:
Fort Myers-Cape Coral
Trulia has published a similar report, Trulia’s Metro Mover Report.
This report was designed to analyze home searching data. They have looked at the number of people that search for homes is a particular city. This study also includes people interested in rental properties. They then compare it to the number of city residents looking for somewhere else to call home. It’s findings; an area with a high number of searches within the same city and low searched for elsewhere suggests an increase in demand for housing.
Their list is as follows: (Florida cities only)
Fort Lauderdale-Pompano Beach-Deerfield Beach
Cape Coral – Fort Myers
West Palm Beach-Boca Raton-Boynton Beach
If you are on the fence about buying, or looking to make a positive real estate investment, Cape Coral is a great place to do just that. If we can help you with your real estate goals, no matter how big or small, give us a call. We look forward to hearing from you.
Cape Coral Florida in our opinion is a great place to live and raise a family. Cape Coral is considered to be one of the safest cities in Florida with populations over 150,000 according to the Florida Dept of Law Enforcement. There are approximately 167,000 residents in Cape
Coral soaking up the 355 days a year of sunshine.
Cape Coral offers a rich quality of life, affordable home prices, and waterfront living that has attracted now permanent residents. Not only do we offer several golf courses, we have 400 miles of canals and mega-river that will exceed the expectations of any water
Cape Coral is rich in diversity and culture that is celebrated through festivals throughout the year. Oktoberfest, Red-White-and-Boom, and Cape Coral festival of art are just a few that attract thousands.
Florida Future Realty is so proud to be a part of this community, and we are sure you will too.