How Cape Coral & Ft Myers Real Estate is bucking Florida trends.

How Cape Coral Real Estate is bucking the trends in Florida.

While the rest of Florida sees a decline in home prices,
Cape Coral and Fort Myers Florida seems to bucking the trend.
Why?
1. Demographics show it is a desirable place to live due to low crime.
2. Our weather is very comfortable and lowers the cost of heating to almost nill.
3. 400 miles of canals to view makes this a boater dream.
4. Prices are the lowest in any county I have found for Saltwater canal homes.
5. You can now buy new cheaper than having a home built.
Will it last?
Prices have already gone way up on Saltwater canal pool homes. Pool homes have also risen substantially.
The bad! Or Good?
If you have at least 25% to put down on a condominium you are going to be able to steal a condominium.
Why? How?
The insurance companies that insure the loans have pulled out. Buyers now must have 25% to put down plus closing costs to avoid PMI.
The bad; sellers will have few buyers to attract.
The good; buyers with cash are able to get a steal if there is not a loan in place which must be satisfied or it becomes a short sale.
Contact me for more information.
Joseph Beauvais 239-770-0686
Email: Jb@sunnyspotrealty.net
Cape Coral Real Estate Search thousands of Cape Coral, Bonita Springs, Naples & Ft Myers homes for sale with our Free MLS Search. We have the Largest list of homes for sale in Lee County.
a short sale.

Contact me for more information.
Joseph Beauvais 239-770-0686

Email Jb@sunnyspotrealty.net

Cape Coral Real Estate

Search thousands of Cape Coral, Bonita Springs, Naples & Ft Myers homes for sale with our Free MLS Search. We have the Largest list of homes for sale in Lee County.