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Cape Coral, FL Real Estate News

By Mike Kelly
(Sellstate Advantage Realty)
Greetings from beautiful Cape Coral, Florida! The latest numbers are out for our area sales in August and depending on your perspective the news is either good or bad! For Realtors the numbers are great because sales increased by 32% from this time last year! There were 684 sales which translates to 1368 transaction sides. It was reported as the largest year over year increase in Florida! For sellers the news was not so encouraging because the median price dropped to$146,900 from $250,800!! Although there are still 15,000 homes on the market it is encouraging to see the increase in sales and the decrease in inventory!  So what can we take from this? If you are in the market for a home in  Cape Coral or Ft. Myers, Florida now is the time to buy! Homes are selling at 1999 prices! It is a ...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
With the large influx of Canadian and Foreign National buyers from around the world entering our marketplace here in Cape Coral / Fort Myers FL some potential buyers are finding out there are limited or no financing opportunites for foreign buyers. I have great news for you... there are presently lenders in Cape Coral FL, specifically a local bank offering such financing for buyers interested in purchasing second homes, specifically single family residences.  This loan product is not available for vacant land, condominiums, or multi-family investment properties. This loan product requires you to make a 25% down payment and finance the remaining 75% of the purchase price. Other necessary information and required documentation includes: Copy of Passport and Visa International credit repor...
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By Karen Nichols, Beach Realtor - Ft. Myers
(Premier Florida Realty of SWFL)
For those of you who will be in the Fort Myers/Cape Coral area this season and for residents who may not be aware of it, Cape Coral has an absolutely wonderful Art Studio located on Coronado, not from from the Parkway, featuring two find art galleries that display work from top local and Florida artists. Year round classes in a variety of mediims are offered, including oil, acrylic, watercolor, sketching and drawing, photography and jewelry making.  Summer camp is also offered for children.   Cape Coral Arts Studio4533 Cornado Pkwy.Cape Coral, FL 33904239-574-0802
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
There are some amazing deals in the attractive Yacht Club area of Cape Coral.  The properties below are short sales or foreclosues.    A 2/2 with pool, on Canal, Gulf Access, No Bridge:  $259,900 A 3/2 with pool and fireplace, on Canal, Gulf Access, No bridge: $299,900 A 3/2 with pool, on canal. Gulf Acces, No bridges:  $277,800 These are three of the best deals in this particular area. LLoyd NicholsRight Choice Realty LLCRealtorlloydn@aol.com cell: 239-810-2980Fax: 239-463-4826home office: 239-463-5217Active Rain Blog: http://activerain.com/lloydn Website: http://www.mlsouthwestfloridahomes.comWebsite Blog: http://ftmyershomesandgardens.blogspot.com/
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  Joe Kendall, Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, This past weekend I was out with clients from Canada looking at Gulf Access Waterfront Property. These homes are located in the yacht Club area of Cape Coral Florida with a very short boating distance to Sanibel Island and the gulf of Mexico.  This area has been hit very hard with the current mortgage crises with several home owners trying to sell their home and avoiding foreclosure. Many of the Banks are also trying to avoiding expense foreclosure costs by considering selling the homes as a bank Short Sale. There are several bank owned property listed for sale here in Cape Coral Florida The majority of the homes in this area of Cape Coral Florida are bank owned property or homes listed in the Pre...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
Are you looking for a great deal with a Cape Coral Short Sale or a Cape Coral Foreclosure? We can send you a new list each week for your review. Just select from below what you are looking for and we'll do the rest. The list will be sent via email so make sure your email address is correct! Loading... Yours in Success, Susan Milner Florida Future Realty, Inc. (239) 542-8521 Cape Coral Real Estate Email Susan Copyright 2008 Susan Milner
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By Chris Canzano, Billion Dollar Broker - Cape Coral, FL
(Villa Realty Group, Inc.)
The Cape Coral real estate market which is currently plagued by a record number of foreclosures and short sales now has affected the construction industry which employs so many in this area.  Due to the large number of these distressed properties on the market, many of them available bleow the cost of replacement has meant that it is increasingly difficult for builders to build new homes. The question I hear all the time is why would someone contract with a builder to build a home when they can buy a new never lived in home for less money than the cost of construction.  Even if the buyer really wanted to build a new home so they could have it "their way", it is next to impossible to get an appraisal to substantiate the cost of construction these days.  Banks are cutting prices substanti...
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It has been another big month for buyers in Cape Coral, Florida. The deals are unbelievable! The focus is starting to shift from the entry level homes to the larger waterfront pool homes! In our office the client rooms have been filled daily with buyers from all over! We recently have been receiving a large number of inquiries from German and British buyers!! I spoke to an agent today who has been in the business in Southwest Florida for five years. I asked her," How is business?" She looked at me and with a big smile she said,"I have sold more houses in the first nine months of this year than in any year before!" "Wow. you said the market is bad!" Have a great day! Mike Kelly, Sellstate Advantage Realty, Cape Coral, Florida 239-549-9200  
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By Linda Flack, The Villages is where you retire with attitude
(Realty Executives in The Villages)
I am hosting foreclosure videos in Cape Coral and Fort Myers.  In this amazing new market with these low interest rates and low, low prices I want to give the buying public a glimpse of what is out there.  Each week I will have a house or three for you to look through and I am posting them on YouTube.  The first one is http://www.youtube.com/watch?v=i7L0Iv99Vyc.  I had a few others but there was technical difficulties with the wind.  Each week we are selling amazing homes and amazing prices.  Our buyers are so excited.   But, be warned.  The word has spread and these deals usually have multiple offers.  According to the news, the foreclosure numbers are coming down.  That is good news for the economy in SW Florida.
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By Craig Alexander, Cape Coral Real Estate Expert
(Nautical Realty Group)
The Cape Coral real estate market has obviously seen a lot of changes over the past 24 months.  Home sales are increasing due to the fact that prices are LOWER! Buyers are in command and they have been buying! For more information on Cape Coral foreclosures and Cape Coral short sales, download our FREE Report, "How To Successfully Buy Foresclosures and Short Sales" & "The Ten Biggest Mistakes Buyers Make".
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
      Joe Kendall, Realtor with Sandals Realty waterfront and Foreclosure Specialist writes: This Morning I received a call from one of my clients, and he asked me to send him an email of Gulf Access Waterfront Pool Homes Listed under $250,000 listed in Cape Coral Florida. Many of these homes are listed in the Pre-foreclosure Process and are being sold as a Bank Short Sale. There are also bank owned property listed in this report as well. This report was created on09/09/2008 and will only be accessable for 30days from the date of the report. The Real estate market changes here So if you see some thing here that you have some interest Please contact as soon as possible as this report probbly has changed since reading this report just a few weeks later. You can view the report by clicking...
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By Mike Kelly
(Sellstate Advantage Realty)
I can't believe I've been back in Cape Coral, from vacation for one week and still haven't posted an entry on my blog.  I guess my wife that he was wrong, when she said that I could not last without posting an entry on my blog!  Since I'd been back in town, the real estate market has been running me crazy!  Buyers in all price ranges from the entry level prices right up to the Gulf access waterfront homes!  It sure is a welcome change after the last 2 1/2 years!  So let's see what's transpired since I've been gone, well when I left Faye he was threatening to pay us a visit! Then her cousins Gustav and Hanna passed close by but never visited. Then this past weekend we got word that Big Ike was coming to see us! As I write this it appears that Ike is going to head up towards Texas!  Back ...
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By Joni Gordon
(Leisure American Realty/Jakus Realty Team)
    SOLD BY JONI GORDON/LAGACE & WHITT PARTNERS, CENTURY 21 BIRCHWOOD FOR $155,000 Property Type  Residential    Street Address  2306 SW Trafalgar Status  Sold   Sold 08/14/08 Listing # 200836530 2306 SW Trafalgar Pkwy Cape Coral, FL 33991-3080 Listing Price: $159,900   County: Lee         Property Type Residential Property Subtype Single Family GEO Area CC24 - cape c Subdivision Cape Coral     Beds 3 Living Area 1816 Tax Data Baths(FH) 2 (2 0) Price/Sq Ft $85.35     Year Built 2005 Lot Sq Ft(approx) 10672 ((Tax Data)) PID 284423C1060120080     Lot Acres (approx) 0.245 Selling Price $155,000 SP % LP 96.94     Directions Veterans Pkwy to Surfside Blvd. North to Trafalgar. Home on Right. Property Information **GORGEOUS 3/2 POOL HOME** UPGRADES GALORE** Tile all areas except bedrooms and d...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
Joe Kendall, Realtor with Sandals Realty, Waterfront and Foreclosure Specialist writes, Last weekend I was out showing Gulf Access Waterfront Pool Homes in Cape Coral Florida. Several of these homes are in the Pre-Foreclosure process with several listed from $225,000 to $275,000.  Some of these homes are direct sailboat access with a short distance to open water.  Now is the time to buy your vacation home while the inventory is still pretty good for Gulf Access Waterfront Property. Bank Owned Property can also be searched from my web site www.joekendall.listingbook.com,    
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By Chris Canzano, Billion Dollar Broker - Cape Coral, FL
(Villa Realty Group, Inc.)
Cape Coral Foreclosures dropped by 311, almost 13% in the month of August compared to July.  August saw 2,156 Cape Coral foreclosure filings and July saw 2,467 Cape Coral Foreclosures filed.  This is encouraging news as we are starting to head in the right direction.  The real question is will this trend continue. For buyers in the market for a new home who have been sitting on the fence waiting to time the bottom, this just might be the signal you need.  Once the media puts their belssing on it after another couple of months of declines everyone will be rushing out looking to buy a Cape Coral home.  If you are serious about buying a home, now is an excellent time.  Prices and availibility of choices are plentiful. Unsure how to buy a Cape Coral foreclosure or short sale watch my interv...
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By Chris Canzano, Billion Dollar Broker - Cape Coral, FL
(Villa Realty Group, Inc.)
I had the pleasure of being called by Stephanie Whiffen when the local for news station wanted to do a report on Cape Coral Foreclosures and Short Sales.  Below is a copy of the interview.  For a copy of the free report, "How To Successfully Buy Cape Coral Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make" click: FREE REPORT   Click on the video below to watch it. The newest Cape Coral foreclosure numbers for August will be covered in my next posting      
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By Aslan Realty Advisors, LLC, Staying a step ahead with Pride!
CAPE CORAL SEEKS DEVELOPERS   Cape Coral officials have issued two Requests for Proposals, one for a hotel and ice rink adjacent to Sun Splash Family Waterpark and another for an Academic Village and Research Park in the city's northeast section. The city owns the land and will lease the land to developers, who will build and manage the projects. The deadline for the hotel/ice rink proposal is Thursday, Oct. 30; the Academic Village deadline is Tuesday, Dec. 23. For more information, contact Mr. Mike Jackson, Director of the Economic Development Office in Cape Coral: City of Cape CoralEconomic Development DirectorPhone: 239-574-0444Fax: 239-574-0452Email: mjackson@capecoral.net   Name: Paige Rausch Email: Contact Paige Rausch Office Phone:(239) 443-2500 Cell Phone:(239) 691-4321 Fax: (...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  I personally believe Guerrilla Marketing you and your business is all about making a short and to the point statement, getting noticed, leaving a lasting impression. That's the Realtor with the big fish, maybe a dog on his truck ,car or van ? Remember the Super bowl half time ads the last few year's, they try and leave you with one lasting picture to remember?  I recently received a question from a Realtor on activerain.com about my vehicle wrap? I guess she was in a GRI class and they where discussing vehicle wraps. I understand there was some discussions in regards to not to many Realtors have gone forward with having them done? I told her I knew of a few in my area of southwest Florida that have done them but mostly there name and brand.   I was asked about my thoughts? I suggested...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
                                                  Joe Kendall, Realtor with Sandals Realty 239-560-0726 Waterfront & Foreclosure Specialist writes, I was showing gulf access waterfront condos last week and I asked my client if they didn't mind if they would take a picture, so I could share with readers around the country my real estate Blog ( swFloridaRealtorsblog.com ) regarding our tour of gulf access waterfront condos in Cape Coral Florida.    Cape Coral Florida offers some great choices regarding style and location for a gulf access waterfront condo! There are over 100 Gulf Access Waterfront condos priced under $199,000 many are in the Foreclosure Process which maybe sold as a bank short sale or a bank owned property! Several of the condos have community pools!, some are 55 over com...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
        Joe Kendall, Realtor with Sandals Realty a Waterfront and Foreclosure Specialist 239-560-0726 writes, Today I had a client call me and ask me how many Gulf Access Waterfront Pool Homes are currently on the market listed for sale under $300,000 in Cape Coral Florida. As of 10:00pm on August 27 2008 there are 100 homes Gulf Access Waterfront Homes with pools listed for sale with more then 50 % of them are listed in the Pre-Foreclosure process as a bank Short Sale or a Bank Owned Property.           I remember in 1997 We bought our Gulf Access Waterfront Pool Home in Cape Coral Florida and when I looked back then, there where only 21 homes listed for sale within my price range and only 11 of them had a swimming pool. The choices of locations, styles and amenities of the homes for s...
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