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Cape Coral, FL Real Estate News

By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  Currently there are over 100 homes within the foreclosure / Bank Short Sale process under $100,000 dollars listed for sale in our local Mls Listing Service. These homes are located in Cape Coral Florida, they have been built from 2005 to 2007 many have upgraded cabinets, some may even have a swimming pool. Now is the time to Buy Florida! I provide all my Clients looking to purchase a home here in southwest Florida, access to the local Mls service thru my name. This service is free all you have to do is set-up your very own account with a password you create. Where in the united States can you buy a home built within the last 3 years for under $100,000 with lot included? Real estate investors should take notice! Anyone that has looked for a vacation home in Florida should consider buyi...
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By Jackie Maurer
(Century 21 Sunbelt)
Short Sales  The new fad of Real Estate.  Many agents find them necessary to bail there sinking clients out of a bad situation.   On the other hand many agents run for the hills at the shear mention of a short sale.  So how do you handle a market laden with them?  No two short sales are alike, therefore each must be researched, and negotiated on an individual basis.  I tell my buyers to think of each short sale as it's own personality.  Each with it's own set of character flaws.   When it comes to listing short sales it is imperative to research not only how much is owed on the property in relation to the true current value of the market but also just how many liens are on the property.  If the seller is seriously upside down and have used the home as an ATM machine at some point......I...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
Today we were a sponsor at the Red, White and Boom here in Cape Coral, Florida. First of all, let me say that this year's event was SOOO Much better than last years. Well besides the flash rain we had. We were able to meet so many new people today. It was a lot of fun. We had candy for the kids, fans for everyone and we even had a raffle for a digital camera - we'll be choosing a winner on Monday! We had some people stop in and ask us about short sales and foreclosures. We also had some people stop by to ask for help in finding a great deal as well. The fans were a HUGE hit. Especially BEFORE the rain. We'll have to bring these to the next outside event we sponsor for sure. In the summer in Florida it is not unusual to be a muggy 90-95 degrees. Fans are a great thing to have :) If you w...
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By Michael Urbinato, Guidance..Action..Results!
(Platinum Elite Realty, LLC)
Boy oh boy....am I excited to see this happening...and "no money down" sounds fishy....lil bit! HOWEVER...NOW .... HERE in Cape Coral...I just put up a rental listing for a 3/2.   It's got large bed rooms, but a cramped kitchen, no pool, and no enclosed porch area.   It's $1000 a month.      I've got folks BUYING 3/2's with pools and granite counter tops for 120k preapproved going thru FHA with thier payments at 716 a month + 48.50 for Mortgage Insurance....NO MONEY DOWN using a gifting program/seller contribution!   With taxes and insurance around 200 a month, they're still spending LESS than they would if they paid $1000 in rent! Its not always the case everytime, there are 3/2s for rent for 800 dollars, but not with pools!! You have a job and decent credit, maybe a car note or credit...
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By Mike Kelly
(Sellstate Advantage Realty)
I just wanted to take a few minutes to wish all of our agents, clients, associates and friends a happy and safe 4th of July weekend! I am sure many of you will be at the Cape Coral, Red, White and BOOM extravaganza and I will try to get some pictures to share with those of you who won't be lucky enough to see it! Enjoy the weekend, whatever you are doing and please just take a short moment or so to reflect and to remember all of those who have made the sacrifice for us so we can live in the greatest country in the world! Sure we have some challenges ahead as a country, but I know one thing for sure we will make the right choices, so we all can live together as a free nation! Enjoy your weekend and "God Bless America!" Mike Kelly, Broker/Owner, Sellstate Advantage Realty, Cape Coral, Flo...
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By Mike Kelly
(Sellstate Advantage Realty)
Living in Cape Coral, Florida and having most of my family up north I get a lot of emails from them daily! I guess it is how we communicate in today's world! Many of them are funny and I share them with everyone from time to time. Others are hysterical but not suitable for this forum! This one however I must share! I do not know who to credit with putting this together but thank you whoever you are!! I am sure they will not mind that I shared it with you! What Love means to a 4-8 year old . . Slow down for three minutes to read this.  It is so worth it. Touching words from the mouth of babes. A group of professional people posed this question to a group of 4 to 8 year-olds, 'What does love mean?' The answers they got were broader and deeper than anyone could have imagined . See what you...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
    I provide a free consultation to home owners in southwest Florida. (Cape Coral, Fort Myers , Lehigh Acres, Bonita Springs and Sanibel Island) Helping people avoid loosing their home to foreclosure. I will listen to your situation, I will discuss in detail your options, suggest who you may want to talk to and explain in detail the short sale process from what discussions you may what to have with your lender for getting approved for a short sale. I will explain the requirements your lenders may request from you for a short sale, and explain the process from start to finish. I have written a lot of information over the past year regarding Foreclosures and Short Sales on my real estate blog, I understand it is not an easy thing to discuss, but not putting it off for another day waiting...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
    I was at the yacht club in Cape Coral Florida this morning having a cup of coffee and I noticed the Sailing school that teaches young kids how to operate a sailboat ! Today, I did have my camera in the truck and took these pictures to share with my blog readers. You have never been to the Cape Coral Yacht club? I invite you to come down and enjoy the atmosphere here, have lunch at J.C.'S at the base of the Fishing Pier, or bring your fishing pole and give it a try! ( best fishing is on an incoming tide) Down forget your sun screen !     
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By Linda Flack, The Villages is where you retire with attitude
(Realty Executives in The Villages)
Market sales of homes by the numbers in Cape Coral.  These numbers are the past 30 days of information from the MLS.  337 single family homes closed  719 under contract  48 under contract but contingent upon some other factor before closing (probably will close)  458 active contingent short sales  (a small chance of closing)       But, these are real buyers wanting a home.                                              4512 active homes on the market in Cape Coral   What does this mean? Well, I think the market is moving along nicely but we have a ways to go.  It's a buyer's market. There are still a lot of foreclosures to hit the market. Any one who has any money should buy as fast as they can to capitalize on these prices.  It won't happen again in our life time. 
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By Colleen Pearsall
(Pearsall Properties Inc)
Here is the 24 hour report for activity in the Cape Coral Real Estate market according to the MLS. This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics. For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/   New Listings 85   Back on Market 15   Price Increases 16   Price Reductions 120   Contingents 10   Pendings 30   Solds 27   Expireds 18   Inactives 73   SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation. BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new listings!   Colleen Pearsall 239-458-...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
The Cape Coral and Fort Myers area real estate market has had a large influx of Bank Owned, REO, Foreclosure properties available For Sale.  The banks that own these properties are pricing them competitively to sell within 30 to 90 days.  With this pricing many of these properties are selling quite quickly with multiple offers on the table for the REO Managers to review. However many other Cape Coral and Fort Myers Bank Owned REO Foreclosure properties are sitting stagnant month after month racking up the days on market! These properties could be liquidated and taken off of the books of the banks if they were listed with the same professionalism that a listing agent would offer their traditional seller. REO Managers take a look at how your listings are being displayed on the web and in ...
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By Colleen Pearsall
(Pearsall Properties Inc)
  Here is the 24 hour report for activity in the Cape Coral Real Estate market according to the MLS. This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics. For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/   New Listings 86   Back on Market 14   Price Increases 7   Price Reductions 115   Contingents 12   Pendings 55   Solds 19   Expireds 15   Inactives 18     SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation. BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new listings!   Colleen Pearsall 239-4...
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By Mike Kelly
(Sellstate Advantage Realty)
Since January it has been like old times for Realtors in Cape Coral and the rest of Southwest Florida! Buyers have been taking advantage of the low prices and we have been working from dawn to dusk to keep up! This has been a welcome return after a long 26 months or so without anyone to talk to! However, we need to remember that we do need to recharge our batteries from time to time! Time off is important and we all need it! After doing my monthly Agent Support Sessions in Cape Coral, Jacksonville, Atlantic City and Watchung, NJ this passed week, I am ready for some time for myself! I am in NY visiting my children and grandchildren and my son will be getting married on Friday evening! It will be a great week and I have been looking forward to it for some time now! I am like everyone els...
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By Mike Kelly
(Sellstate Advantage Realty)
I left beatuful Cape Coral, Florida on Monday and I miss it already! I have been on the road for 4 days now and after 4 flights and 3 nights in different hotels I am to say the least- a little worn out! After dealing with airport personnel and being surprised that I had to pay for my luggage because their policies have changed, my patience have been stretched to the limit! In both Jacksonville, Florida and in Northfield, NJ I was fortunate enough to meet with some very creative and productive real estate agents at our monthly agent support sessions! It makes all the travel headaches seem worth it! I am currently in Watchung,NJ at the new Sellstate Access office and today I was reminded what it is like to sit in traffic! It took me 1 hour to go 14 miles down the Garden State Parkway and ...
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By Colleen Pearsall
(Pearsall Properties Inc)
  Here is the 24 hour report for activity in the Cape Coral Real Estate market according to the MLS. This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics. For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/ New Listings 77   Back on Market 22   Price Increases 8   Price Reductions 130   Contingents 16   Pendings 37   Solds 18   Expireds 23   Inactives 16   SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation. BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new listings!   Colleen Pearsall 239-458-5...
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By Colleen Pearsall
(Pearsall Properties Inc)
  Here is the 24 hour report for activity in the Cape Coral Real Estate market according to the MLS. This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics. For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/ New Listings 73   Back on Market 13   Price Increases 5   Price Reductions 154   Contingents 5   Pendings 28   Solds 31   Expireds 20   Inactives 18    SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation. BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new listings!   Colleen Pearsall 239-458-5...
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By Mike Kelly
(Sellstate Advantage Realty)
 Imagine waking up one day and finding that your dream of building your retirement home a lot you purchased years ago was gone! Someone had already built their home on your lot and they were living in it! In fact the original builder had already sold it to someone else! I know what you are thinking, that this is not possible, right? Well I am starting to think that anything is possible in beautiful Cape Coral! Here is the story as it appeared in our local paper!       Your browser's security settings are preventing some features from appearing. See instructions for fixing the problem. House dreams turn to nightmare in Cape Coral By Brian Liberatore • bliberatore@news-press.com • June 13, 2008 Print this page E-mail this article Share this article: Del.icio.us Facebook Digg Reddit Newsvi...
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By Colleen Pearsall
(Pearsall Properties Inc)
  Here is the 24 hour report for activity in the Cape Coral Real Estate market according to the MLS. This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics. For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/ New Listings 78   Back on Market 19   Price Increases 6   Price Reductions 118   Contingents 16   Pendings 33   Solds 23   Expireds 15   Inactives 19     SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation. BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new listings!   Colleen Pearsall 239-458...
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By Peggy Milner
(Florida Future Realty, Inc.)
YES SHORT SALES ARE ON THE RISE IN CAPE CORAL, FLORIDA.   TODAY I CHECKED THE SOLDS. SINGLE FAMILY HOMES THAT WERE SHORT SALES IN CAPE CORAL FOR 2008.  HERE IS THE LIST OF SINGLE FAMILY HOMES THAT SOLD VIA SHORT SALES. JAN 08        18 SOLD FEB 08        21  SOLD MAR 08        32 SOLD APR 08         56 SOLD MAY 08         49 SOLD JUN 16 08      20 SOLD OUR OFFICE FLORIDA FUTURE REALTY, INC., HAS SOLD MORE THAN OUR SHARE OF THE SHORT SALES. PLEASE FEEL FREE TO CONTACT ME FOR YOUR REAL ESTATE NEEDS. PEGGY MILNER PMILNER@COMCAST.NET SEARCH HOMES AT WWW.PEGGYMILNER.COM
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Cape Coral Florida and other cities in our regions have become a prime opportunity for those looking to purchase Bank Owned REO Foreclosure properties at very reasonable prices. Single Family Homes starting at $49,000 $30,000 Condos starting at $47,900 $29,000 Income Producing Duplex (and larger) starting at $84,900  $60,000 The prices obviously increase from that price range.  This is something to keep in mind when bidding on these properties.  We have noticed that some of the asset managers have had the REALTOR® set the listing prices low to draw an increased interest in the property.  Now we have seen just the opposite too.  These are properties with listing prices slightly higher than the rest of the properties on the market.  Many of these properties will encounter higher days on m...
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