One of the recreational gems in the Fort Myers area is Lakes Regional Park. This 279-acre park owned and managed by Lee County offers residents a pristine spot to relax and enjoy the great Southwest Florida weather. Young and old alike enjoy the Lakes Park attractions and amenities which include a miniature railroad, fragrance garden, rental boats, walking trails, water playgrounds and so much more.
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Prominent national builder Lennar Corporation has purchased the Reflection Isles community in Fort Myers and is taking major steps to finish this community. Construction is currently underway to build the communities common amenities including a clubhouse, pool and tot lot.
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New casitas are currently under construction at Paseo in Fort Myers. After reading the headline and this first sentence, you are most likely thinking…..what the heck is a casita?? Webster’s Dictionary defines casita as a small house.
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The common theme from our team this past quarter was that buyer expectations were not aligned with the realities of the real estate market here in Fort Myers. Many out-of-town buyers showed up expecting to “steal” a foreclosed or short sale property for a HUGE discount off the asking price. The reality of the market [...]
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The most expensive home to sell in Lee County, Florida during March 2012 was a single-family home located in the John R Dickeys subdivision in Captiva. This 7,203 SF bayfront home is located at 15867 Captiva Drive, Captiva, FL and features 7 BR / 7.5 BA. The selling price was $3.25M / $451 SF, which was 54% of the asking price.
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Our team is seeing a significant growing interest in Fort Myers area active adult communities from baby-boomer aged home buyers. This experience in the trenches echoes a recent Sarasota Herald-Tribune story titled Baby boomers redefine the terms of retirement, about the growing interest in active-adult communities.
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In a report compiled by Trulia, the Fort Myers/Cape Coral MSA led the nation in real estate price increases for the 12-month period ending March 2012. The Trulia report analyzed year-over-year asking prices and our MSA topped the charts with a 14.8% increase in asking prices.
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Short sales can offer real value for buyers of Fort Myers area real estate. Often short sale properties are in good shape as the owner is living in the home and cooperating with the lender. Many of our buyers are finding good value in the short sale sector of the market right now.
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CNN/Money ranked Cape Coral/Fort Myers region as the 3rd fastest growing MSA in the nation for the decade of 2000-2010 with a growth rate of 60.8%. Cape Coral/Fort Myers closely trailed Charlotte (64.6%) and Raleigh (63.4%) for top national growth rates.
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