Cape Coral, FL Real Estate News

By Cape Coral Florida Golf Course and Waterfront Homes
(Gulf Coast Realty Network, Inc.)
Two things caught my eye this week.  First of all, my buyers lost the first three offers they made to multiple offer situations.  Then we wised up and started bidding higher than list with our all-cash offers.  Now we are batting about .500 !  True, we are bottom-feeding, but I am amazed at the number of others who are also bottom-feeding.  Seems like bank-owned properties are attracting five to seven good offers, where a short time ago, that was not happening.  I also notice that many of the very low-priced homes on the MLS are disappearing, even the ones that need significant work.  Fixer-Uppers are in high demand.  This market is beginning to feel different!Second thing I noticed, was that in the MLS today I saw 38 price increases in Cape coral Real Estate!  Now tell me that is not d...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
                        Your Florida home buyers and willing, ready, qualified but you are facing one monster challenge: a large inventory. In Lee County  Southwest Florida as in many parts of the country the inventory is so large that no matter how many "deals" you show, your buyers still think, with good reason that there may be another better deal around the corner.   Fort Myers In Fort Myers/ Cape Coral you may have 120 homes that may fulfill the requirements or preferences of your buyers. We all know the following to narrow down the search but it does not hurt to revise them: square footage: after you have shown a few properties as them what they think of the size.What size home are they living in at the present and is that to large or just right for them?           Pine Island, Bo...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
         3 bed 2 bath Pool Home             Bank Approved Short Sale       Direct Gulf Access Waterfront Property.Joe Kendall, Realtor Waterfront and Foreclosure Specialist with Sandals Realty writes, These are homes that are "Pending Sales" in the process of closing from clients of mine. I can not by law disclose the prices of these homes until they close, then they become public record. I can say that the insurance companies are quoting my buyers replacement costs that are double of the current selling prices,from what they have been telling me!! Now is the time to buy! I specialize in Waterfront and Foreclosure properties weather it is on the listing side of the deal or the buyers side of the transaction, it is all about having an experienced agent working for You. It's not about me,...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
   Joe Kendall, Realtor Waterfront and Foreclosure Specialist with Sandals Realty writes; There are some very good deals for bank owned properties in Cape Coral Florida, if you do your home work and do not mind doing a little work to the property. This Waterfront property , it had been foreclosed by the Bank.  Bank owned property can be a great investment, vacation home or your very own "Piece of Paradise . Now is the time to Buy bank owned property as the banks are looking for offers. This waterfront home sold on April 4 2008 for $122,000 The insurance company, valued the replacement cost of the home at $200,000 Now is the time to buy bank owned property! This home was purchased thru My real estate Services.Are you looking to buy a short sale or bank owned propert?  Talk to me today, Y...
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By Cape Coral Florida Golf Course and Waterfront Homes
(Gulf Coast Realty Network, Inc.)
It's another Beautiful Day in Cape coral, Florida.   We do have one little issue, though, that needs some attention......POTHOLES!   During all of the frantic construction activity earlier this decade, many of our streets were badly damaged by the big trucks hauling dirt in to "build-up" home sites, especially in the areas North of Pine Island Road, where the streets were not very well based to start with.  Forty or fifty loads to a site meant a lot of trips and a lot of potholes.  Now the city is working hard to catch up on the repairs.If you know of a pot-holed street that needs some attention, let's tell the city about it!  I have found them to be very responsive to reasonable requests, so let's talk to them!  I decided to List My Home in January and I'm glad to say that the city has...
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By Scott Lambert, P.A.
(Berkshire Hathaway HomeServices Florida Realty)
FYI, these past few months look like the beginning of something wonderful.  Many great deals are being made in Cape Coral, if you are looking for one of those great opportunities well here it is.  There are now homes being sold under $100K in the area, dry lots are selling below $10K, freshwater lots are selling below $20K, and Gulf Access Lots are selling well below $100K.  Just thought you should know......
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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, Now is the time to Buy in Southwest Florida. Waterfront Homes are Selling. This one is Gone but I have others! Sign up for a free account aand search homes, just like I do. Visit www.joekendall.listingbook.com  today! Now is the time to Buy your place in Paradise! Sold 03/25/08Listing # 2007183211121 SE 13th St Cape Coral, FL 33990-3711Listing Price: $319,900County: Lee Prop TypeResidentialProp Subtype(s)Single FamilyGEO AreaCC14 - Cape CSubdivisionCape CoralBeds3Living Area1889 SellerBaths(FH)2 (2 0)Price/Sq Ft$154.58Year Built1971Lot Sq Ft (approx)11631 ((Tax Data))PID194424C4007430850Lot Acres (approx)0.267DOM356 Directions  Del Prado west on 13th streetProperty Information  CHECK OUT THE VIEW! G...
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By Doug Brown
(Rossman Realty)
You can have access to the Gulf of Mexico from your own backyard!Cape Coral Florida, with more canals than Venice Italy, offers boaters unlimited boating opportunities with unsurpassed convenience. Nestled between the barrier Islands of S.W. Florida, and by the Caloosahatchee river, Cape Coral is surrounded on 3 sides by water, and located near Sanibel, Captiva and Boca Grande Islands.Should your boating adventure take you exploring the white sand and shell filled beaches of the local islands, out into the Gulf of Mexico, or up the river to Lake Okeechobee and across to the East Coast, the boating adventures are endless. And the best part is they can all start from your own backyard!Cape Coral, Florida....a true waterfront wonderland!
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
   The Real Estate market report In Cape Coral from Jan 1 st 2008 to March 14th 2008 is again showing signs of recovery.                                       A full  Cape Coral recovery would mean that about the same numbers of new listings are off set by sold properties and non, we are not there yet by a long shot, However if you look at each section of properties sold you will see clear increases. This is very encouraging. the next few months will show if this promising trend is just a seasonal thing or if it carries on in the Spring of 2008.From 1/14/08 to 2/14/08 we had 77 lots and acreage sold compare to 162 for the period of 2/14/08 to 3/14/08, which is more then double the sold properties. Numbers do not lie.Total dollar value jumped from $2,759,106 to a more impressive $5,512,5...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
Cape Coral Real Estate - 2 for the price of 1? Sort of.We've been getting many calls the past couple of weeks asking us about the 2 for 1 houses available in Cape Coral, Florida. Where are they? Do they exist? Well, yes & no.If you are talking about the prices of homes for sale right now - compared to 2005, then YES, there are a lot of them that are 1/2 price. But if you are referring to homes priced correctly in today's market, then no, 1/2 price houses do NOT exist.Here's an example. We have a 1700 s.f. home listed in NW Cape Coral at the present time. It was built in 2006 but was NEVER lived in. The seller paid just over $250,000 for the home in 2006. Today, we have it listed at $124,000. So, there you have it, half price homes.Another example, we have a 2300 s.f. gulf access pool ho...
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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 Listings111  Back on Market35  Price Increases7  Price Reductions129  Contingents22  Pendings43  Solds25  Expireds28  Inactives35  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 Pearsall239-458-5566colleen@colleenpearsal...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Cape Coral Real Estate Property Tax Rates have decreased steadily over the past ten years. Presently the City of Cape Coral has a total real estate property tax, which includes county, school, and other miscellaneous taxes, that as of today March 24, 2008 average 17.34 per $1,000 of assessed value according to information availabe from the Lee County Property Appraiser. The specific City of Cape Coral portion for the 2007 tax year was 4.9236 per $1,000 of assessed value.  This includes general revenue, debt service, and solid waste taxes. Property tax rates have decreased a total of 48% from 7.3129 in 1998 to 4.9326 per $1,000 of assessed value in 2007.  This is partly to do with the increase in property values over the last ten years also.  Annually local governments calculate what is ...
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By Barbara Klare, Broker Associate, Jones & Co Realty
(Looking For a Real Estate Value in Cape Coral or Fort Myers?)
Coral Lakes Sell Off, Cape Coral FloridaWhere are the buyers? There here and there is no shortage of them. At the Gated community of Coral Lakes (Cape Coral, Florida) more than 100 people lined up seeking rock-bottom prices advertised in the local Lee County paper. Time to buy? I guess the message is clear.116 homes in Coral Lake where available starting Wednesday, March 19th. Prices are for single-family homes at $133,000 and townhouses at $86,000. This is a wonderful a investment. By Friday after noon many were under contract.How is this buying opportunity possible? Real-estate investor O.J. Buigas bought the 116 homes - 82 houses and 34 townhouses - from Miami-based Tousa homes Florida LP, parent company of Engle Homes. Engle filed for bankruptcy in January.Who is really buying? Acco...
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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 Listings77  Back on Market31  Price Increases16  Price Reductions103  Contingents18  Pendings27  Solds19  Expireds20  Inactives34  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 Pearsall239-458-5566colleen@colleenpearsal...
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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 Listings106  Back on Market28  Price Increases9  Price Reductions132  Contingents10  Pendings26  Solds30  Expireds30  Inactives39  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 Pearsall239-458-5566colleen@colleenpearsal...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
              Curious about the median values of home sales, I did some data mining on our home sales in Cape Coral. I used March as the month to compare. Starting in 2002 I measured how many SINGLE FAMILY homes sold, the median price, the days on market & the average LP/SP. Since I'm not a chart expert, here's the data:
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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 Cape Coral Fort Myers Florida writes, Today's knowledgeable home buyer looking for a great value for their money, should strongly consider Cape Coral Florida. Recently Cape Coral Florida has toped the charts across the country with the amount of foreclosure property! Home Buyers Looking for waterfront property focusing on looking for a great deal on waterfront property should strongly consider looking at Cape Coral Florida. Cape Coral Florida features over 300 miles of Gulf Access Waterfront property!We have great gulf access  for the Avid boater from a small pontoon to some of the large cruisers made today and everything in the middle. The very same can be said regards waterfront Property from 1,400 sq. ft. to over 4,000 sq . ft. of luxury liv...
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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 Listings74  Back on Market13  Price Increases10  Price Reductions130  Contingents7  Pendings39  Solds25  Expireds22  Inactives53  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 Pearsall239-458-5566colleen@colleenpearsall...
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(Finacial Destination )
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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 Listings63  Back on Market15  Price Increases7  Price Reductions98  Contingents5  Pendings36  Solds15  Expireds32  Inactives30  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 Pearsall239-458-5566colleen@colleenpearsall.c...
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