Every homebuyer is different but it turns out baby boomers do have more than a few things in common when it comes to what they want out of a home. According to a 2015 survey by the National Association of Home Builders of recent and prospective homebuyers, a whopping 63-percent of baby boomers prefer a single-family home.
Forbes Magazine has provided a major boost of confidence to the recovering but still bruised ego of Lee County by naming its two largest cites as top place to retire for 2012. It is quite remarkable that Forbes used two of its top 25 spots on Fort Myers and Cape Coral, joining Pensacola as the only three markets in Florida to make the top 25 list.
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[…]
The Cape Coral-Fort Myers area was ranked fourth nationally as a retirement destination in a study just released by Portfolio.com. Our region was second in Florida only trailing Bradenton-Sarasota in the Sunshine State. This designation is a significant coup for our battered real estate market as it validates the overwhelming sense of value many are seeing in the market.
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:
The November 2009 Credit Suisse Monthly Survey of Realtors confirms what we are currently seeing in the Fort Myers market. Pre-retirement baby-boomers are taking a serious look for a second home in Southwest Florida. Our highly discounted prices are very enticing and the continued strength of the stock market this[…]