The latest Brookings Institute State of Metropolitan America Report has some very interesting data regarding the Cape Coral-Fort Myers Metropolitan Statistical Area (MSA). This area is categorized as a Mid-Sized Magnet with similar characteristics (high growth, low diversity, low education) as cities including: Baton Rouge, LA; Boise, ID; Greenville, SC; Jacksonville, FL; Little Rock, AR and Oklahoma City, OK.
Some of the key indicators about the Cape Coral – Lee County including our ranking out of the top 100 MSAs:
[more] →Canadian buyers are very active in the real estate market here in Southwest Florida. At this time, approximately 7% of our website traffic originates in Canada and over 10% of our transaction in the last year have been with Canadian buyers.
[more] →Long popular on the West Coast, creating a zen area in a home or yard is catching on in Southwest Florida. The Zen movement has Buddhist roots emanating from China and utilizes meditation to attain enlightenment.
[more] →ABC-7 reports that a German shepherd named Snoop is being trained to identify Chinese drywall.
[more] →The Realtor Association of Fort Myers and the Beach released November 2009 home sales numbers which highlight significantly increased levels of activity in our market. These figures reinforce the sentiment of our team which has been extremely busy with second home buyers looking to take advantage of our reduced home prices. Highlights from the November [...]
[more] →The Bradenton Herald reports that Chinese drywall saga is entering a crucial phase: Within the next few weeks, officials expect to determine how much of a fire hazard, if any, the contaminated product poses. They’ll also have a better idea of how much the drywall contaminates the air inside affected homes. A federal judge is [...]
[more] →The Sarasota Herald Tribune reports on short sale flipping fraud that is becoming more prevalent here in Southwest Florida. In a nutshell, real estate professionals and investors are teaming up to by undervalued distressed properties from banks and then immediately flipping the property to a new buyer at a hefty increase. The short sale flippers [...]
[more] →The NY Times has an informative article about seller expectations and the consequences of listing a home for sale at an unrealistic price point. In our market, distressed properties are the baseline which are setting the pricing bar across most communities and sectors. If you are selling in a community that has short sale or [...]
[more] →With the Loonie at parity with the US Dollar and across the board price reductions, many Canadians are now considering an investment in Southwest Florida real estate. The Canadian Press reports that the currency equality is very enticing but shouldn’t be the key driver in your decision to buy real estate in Florida. Some of [...]
[more] →Fort Myers MLS Map Search
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