14Jul 2010 by Susan Milner No Comments

Cape Coral home prices

Buyers, Cape Coral Real Estate
Here in Cape Coral FL, we have many homes for sale, whether it is a traditional sale due to relocation, upgrading, or downsizing, or the many being sold due to foreclosure, or short sale.   Has the economy influenced the rate at which homes are selling, as portrayed by the media? Or, are more people buying because home prices continue to be discounted, and offered much more economically than in past years?  Here are the statistics below: Homes priced from $0 to $150,000 1st and 2nd quarter of 09' combined, the number of sold properties were 3,159. 1st and 2nd quarter of 10' combined, the number of sold properties were 2,778. Homes priced from $150,000 and above 1st and 2nd quarter of 09' combined, the number of sold properties were 868.…
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08Jul 2010 by Susan Milner No Comments

Home Buyer Tax Credit Extended

Buyers, News
Congress just passed yet again another extension to the first time and repeat home buyer tax credits.  The tax credits allow up to 8,000 to new home buyers and up to 6,500 to repeat home buyers. The former bill stated that a valid contract must be entered into by April 30, 2010 and closed on or before June 30, 2010. The new bill allows for a little breathing room to buyers who are involved with the arduous process of short sales and banked owned foreclosures, there are many of these properties available in today's market and are offered at a discounted rates which makes them a desirable.  These types of transactions are known to take quite a bit longer than traditional real estate sales transactions to complete. This new bill…
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22Jun 2010 by Susan Milner No Comments

Cape Coral real estate inventory

Buyers, Cape Coral Real Estate, Real Estate Market, Sellers
Cape Coral's real estate market has been less than predictable in recent years; we have had our share of ups and downs.  As real estate professionals there are ways to track the markets progress and predict the changes to come.  This prediction comes in the form of absorption rate.   The absorption rate is the rate in which the market absorbs and eliminates inventory. We have broken down Cape Coral price brackets and what it means to buyers and sellers. Homes in Cape Coral with a price ranging from $0 to $150,000 have turned over 4.5 times in the past 12 months and currently, we have 2.6 months of inventory available in that specific price range. Homes in the price range of $150,000 to $200,000 have turned over 2.3 times in…
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08Jun 2010 by Susan Milner No Comments

Cape Coral Chinese Drywall Issues

Buyers, Cape Coral Real Estate, News
Government Guidelines For The Remediation Of Chinese Drywall Many Cape Coral homes have been deemed "Chinese Drywall homes" and unfortunately that comes with a stigma.  Most buyers are scared away from the thought of purchasing a home affected with this mainly because of the unknown.  We have learned a lot about them in recent months and there continues to be more information on how and what is necessary to correct the problems and make the home just like new. Fortunately, the government has also stepped in and created a task force that studied the effects Chinese drywall has on each individual component of the home.  It is now mandated and guidelines were created for removal and remediation.  This allows home owner the security of knowing the job was done correctly.…
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08Jun 2010 by Susan Milner No Comments

Cape Coral First Home

Buyers, Cape Coral Real Estate, Opinion
Get Started Saving For Your Dream Home How to save money seems to be on everyone's mind these days, we all strive to hold on to every last penny and make it stretch as far as it will go.  We have come up with some helpful and creative ways to help you and your family stay on budget, so you will be able to afford that dream home much more quickly. Here are 20 tips to get you closer to making that down payment on your home 1. Wash your laundry with cold water in place of hot. 2. Hang your clothes outside to dry 3. Turn the thermostat up in the fridge 4. Fix leaky faucets 5. Pack your lunch 6. Use rechargeable batteries 7. Grow your own fruits…
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