Forbes magazine recently ranked Captiva Island as one of the most expensive zip codes in the US. No argument here from the peanut gallery as it is close to $2M for a decent single-family home on Captiva these days. One bedroom Captiva condos in South Seas developments like Bayside Villas or Tennis Villas start in [...]

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I was just reviewing stats for my web site, www.greaterftmyers.com to see what pages buyers have been looking at over the last 30 days. As has been the case for the past several quarters, Fort Myers foreclosures, Fort Myers short sales, Cape Coral foreclosures and Cape Coral short sales topped the list. There certainly is [...]

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Excelling Realtors

On October 28, 2008 By

A recent Washington Post article titled, Working Harder For Every Sale, chronicles several Realtors going the extra mile to sell a clients home. I applaud the creativity and initiative put forth by these excelling realtors. Recent statistics from the National Association of Realtors suggest that 82% of all real estate purchases begin on-line. If you [...]

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Fort Myers $7M Homes

On October 25, 2008 By

Let’s imagine for a moment that you are doing some fall cleaning and under the mattress you find some Google stock certificates left over from the dot.com boom that are now worth $7M…….Now what? How about buying a home in Southwest Florida! There are a several options choose from in the $7M range with the [...]

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Confusing day for anyone reading up on the Southwest Florida housing market……. The News-Press reports that Lee second in foreclosures in Florida during September, with one in every 72 homes is facing foreclosure. On the other hand, WINK News reports that Home Sales Hit All Time High. What does it all mean? Well from my [...]

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NBC2 featured a story on the deals that are currently available for Cape Coral gulf access homes. Cape Coral neighborhoods with affordable gulf access homes include the Yacht Club area and the Gold Coast. In some instances, out-of-town buyers are scooping up these homes sight unseen….

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Brookwood Financial Partners of Salem, MA acquired 279 vacant lots in the planned Northeast Cape Coral gated community of Bella Vida. The sale included 116 town-home lots and 163 single-family lots. With a total acquisition price of $4,890,250, the per lot average price is $17,527. Bella Vida was developed by D.R Horton. Other D.R. Horton [...]

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Living in an urban setting where life goes on without jumping in the car several times a day can be very rewarding. I had this experience in my late twenties living in Downtown Boston. Walking to work, jogging along the river and trying new ethnic restaurants…..what could be better! Unlike some of our older livable [...]

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Cape Coral Income Property

On October 16, 2008 By

A word of caution is in order for Cape Coral investors looking to acquire income generating residential property. Currently we have a major over-supply of rental properties on the market and a shortage of tenants. This clip from NBC2 highlights the current problem:

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