Cape Coral Foreclosure Problem
I just finished reading an article put out by The Associated Press over at MSNBC about the amount of FORECLOSURES. Looks like our area - Cape Coral / Fort Myers - ranks #1 according to data supplied by RealtyTrac. You can click to read that article here. Why all the foreclosures? I was asked just that last week by a woman who found me on my Cape Coral Real Estate website. She wanted to know why there were so many SHORT SALES and FORECLOSURES in our area. There are a few reasons for it. One reason is that real estate is cyclical. That's right. Real Estate goes up & it goes down. Check the historical data, it is true. Another reason in our area specifically I suppose, everyone got…