Cape Coral Real Estate - Nothing is selling in THIS Market!!!!!
By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
Cape Coral real estate, not selling? HA HA. I just did a comparison for Single Family home sales for the first quarter of 2007 vs. the first quarter of 2008. I didn't address condos or vacant land. Just Single Family Homes in Cape Coral. (Read this or just go look at the pictures if you are visual)Here's what I found:NO, none, zip, zero homes sold in Cape Coral from Jan 1, 2007-March 30, 2007 Under $100,000!!!!Guess what though? That same time frame in 2008 we had 42 single family homes sell for under $100,000 - that is GREAT news for first time home buyers and investors. One actually sold for as low as $42,000 - seriously, I couldn't believe it either. It needed some work but STILL - WOW! In this first quarter of 2007, MOST (70%) of the sales were in the $2...
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