Did you read about the Cape Coral and Fort Myers real estate market on Inman News?
http://www.inman.com/news/2011/05/23/10-markets-with-fastest-rising-real-estate-prices
“Two Florida markets saw the highest jumps: median list price in Fort Myers-Cape Coral rose 25.7 percent to $225,000, and the median in Miami rose 8.6 percent to $239,000.
Shreveport-Bossier City, La., followed with an 8.1 percent increase, to $173,000. Fort Myers-Cape Coral and Miami also saw the biggest year-over-year drops in inventory: -25.3 percent and -29.9 percent, respectively.”
What about CNNMoney’s take on the rise in prices in Cape Coral?
http://money.cnn.com/galleries/2011/real_estate/1104/gallery.10_turnaround_towns/6.html
Even Realtor.org had a blurb about the Cape Coral real estate market:
http://www.realtor.org/rmodaily.nsf/pages/News2011050503?OpenDocument
The Gulf Coast Business Review reminded us that our Fort Myers local board of REALTORS announced that Foreclosures are fading in comparison to traditional sales here in the Fort Myers and Cape Coral areas:
http://www.review.net/section/detail/5-18-2011-foreclosures-fade-in-fort-myers/
They also let us know that we may be turning point central:
http://www.review.net/section/detail/5-20-2011-fort-myers-recovery-central/
Want to read other great news coming out of Cape Coral? We are ranked the second safest city in all of Florida:
http://www.news-press.com/article/20110520/CRIME/110519055/Cape-Coral-second-safest-city-Florida
Summer is historically our ‘slowest’ time of the year for Cape Coral real estate sales so if you are looking to make a home purchase in SW Florida come on down this summer and see what we have to offer. I have a strong suspicion that come fall (our typical busy season) we will see more price and inventory adjustments here in the Cape Coral real estate market.
There are so many different unique opportunities right now for buyers of Cape Coral real estate.
Some experts warn that this ‘new’ news may leave Cape Coral home sellers confused about pricing. I’m sure it will confuse some of the sellers in Cape Coral. That is why it is the best idea for Cape Coral sellers to consult with a reliable and honest real estate professional who specializes in Cape Coral real estate. Considering selling your home or property in Cape Coral? Contact us at Florida Future Realty, Inc. to find out if now is the best time for you to sell your Cape Coral real estate. We market our listings internationally & have a solid reputation for selling houses in and around Cape Coral, Florida.
Our Broker, Susan Milner also just created a video update showing the first quarter’s statistics for the Cape Coral real estate market that I’m sure you’ll find interesting:
http://www.youtube.com/watch?v=ZueAR3m9Aiw
Yours in Success,
Florida Future Realty, Inc.
(239) 542-8521