The foreclosure activity level remains high in Cape Coral with approximately 2/3 of all homes sold falling into the distressed category. Many are viewing accelerated activity levels as a major positive as we are now well out of the winter season. It has been a three years since real estate activity remained fast-paced after the [...]
[more] →I was just reading a hot debate on Trulia about home price escalation in Cape Coral during 2009. Several individuals tossed out estimates about their view on the percentage that prices have gone up this year in Cape Coral. The fact of the matter is that median home prices in Cape Coral have not materially [...]
[more] →A recent article in the Naples Daily News compares the lifestyle of Miromar Lakes with that of a ocean-front neighborhood. The pristine sandy beaches of Miromar Lakes, free from crowds, parking challenges and the red tide front 700-acres of sparkling lakes. After passing through the gates of Miromar Lakes, one enters a place like no [...]
[more] →Real Estate investing guru author Steve Bergsman has a new book out titled “After the Fall, Opportunities and Strategies for Real Estate Investing in the Coming Decade.” Bergsman takes a look at the current environment for investing across the various sectors in today’s post-fall environment. Our current market action in Southwest Florida is being heavily [...]
[more] →The Concordia community of coach homes in Northeast Cape Coral is back on track as it’s owner, Florida Community Bank is finishing the build-out. Florida Community bank took back the project after foreclosing on the original developer. Currently, the last five buildings at Concordia are under development and the common areas are receiving a much [...]
[more] →With the Watermen-Pinnacle site on Daniels Parkway moving forward for the location of the new Red Sox spring training facility, Red Sox fans might be curious to learn more about the area. Many are already familiar with Daniels Parkway in Fort Myers as it is one of the primary access roads from the airport to [...]
[more] →There has recently been a great deal of euphoria regarding the real estate market here in Southwest Florida. A recent News-Press article titled Southwest Florida sees light at the end of housing tunnel cites recent home sales figures to suggest the worst is behind us. While I agree that the clearing out of inventory at [...]
[more] →One of Florida’s major title insurance companies, Attorneys Title Insurance, announced that they will no longer insure transactions involving a short sale option contract. A short sale option contract is a technique being used by opportunists to buy a short sale from a bank at below market value and then flip to a true buyer [...]
[more] →According to figures recently released by Realty Trac, the Cape Coral – Fort Myers area experienced a drop in the number of foreclosure filings in May 2009. There were 1,803 filings in the region in May 2009, down from 1,902 filings in April 2009. With this drop the Lee County area fell from first to [...]
[more] →Fort Myers MLS Map Search
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