The Fort Myers-Cape Coral market was ranked 6th nationally for the increases in the median list price of homes in the October to November 2011 time period. Median list prices increased 2.69 percent for the month

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Another day….another report recognizing the growing momentum of the Fort Myers-Cape Coral real estate market. The Trulia Metro Movers Report – Fall 2011 ranked the Fort Myers-Cape Coral 5th nationally in its Metro Movers Index. The Metro Movers Index is the ratio of where Americans are looking to move to vs. move away from for a given market.

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Wow, sure feels good to type “Fort Myers” and “turn-around market” in the same sentence. We are no longer the ugly-duckling poster child for the housing bust……but one of the markets leading the nation’s real estate recovery.

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With median list price increases of 34.56%, Realtor Magazine has named the Fort Myers-Cape Coral market as the top market nationally for real estate price increases for 12-month period ending September 2011.  Southwest Florida dominated the price increase list with Naples and Punta Gorda also in the top five. Price increases have been driven by [...]

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The Montreal Gazette highlights the significant number of Canadians buying property right now in the State of Florida. In the 12-month period from mid-2010 to mid-2011, 10% of all homes sold in Florida were purchased by Canadians.

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UPI reports that seven of the top ten markets with real estate price increases this year are in Florida. Median prices in the Fort Myers market for August where up a whopping 33% over August 2010.

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Average annual temperatures in the mid 80s, hundreds of miles of canals and rock-bottom real estate prices have propelled Cape Coral to the top of CNN Money’s top retirement destinations.  The real estate downturn significantly impacted Cape Coral and now median home prices are under $100,000.  Today’s prices are more than 60% below peak 2006 [...]

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Inman News reports that the Fort Myers market was ranked 9th nationally for the largest drop in housing values over the last 5 years. Our market experienced a 56% loss in value from $289,671 in 2006 to $125,575 in 2001.

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The IV has been pulled and the hospital gown is gone as the Fort Myers real estate market passed a monumental recovery milestone last month. For the first time in over two years, more than half of our sales were conventional transactions rather than distressed short sales or foreclosures.

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