Cape Coral Real Estate Home Sales

Buyers, Cape Coral Real Estate
Are we still selling homes in Cape Coral? The answer is yes, and in record numbers.  We have been getting so much negative national media attention, that our ideas are clouded with misinformation. The National Association of Realtors published their polls and it shows that in 2009 with the assistance of realtors, 16,260 homes were sold.  In 2005 when the housing boom began, the record was 12,123 However one significant change is the declining home prices. In 2005 the median home price was 278,200, now in 2009 we were at 90,400. This decline is due to the record number of short sales and foreclosures now flooding the real estate listings.  Sellers are now coming to their senses and listing their homes more realistically, their homes are worth significantly less from…
Read More

Cape Coral Real Estate Compared to Black Friday

Buyers, Cape Coral Real Estate, Cape Coral short sales, Opinion, SW Florida Real Estate
Cape Coral, FL   Real Estate news How our current real estate market relates to Black Friday.   We all know Black Friday. The day after Thanksgiving that so many rush out in the wee hours in the hope of finding that AWESOME deal on some electronic or other great Holiday gift.   We'll compare the glossy store circulars to the real estate websites.   A couple will be lucky & will be able to buy one of the 3 50" flat screen t.v.s for $50. We'll call that an under valued short sale that got lucky. You know the $50,000 home that exists in Cape Coral. You look at the photos online and can't believe your eyes. But you get down here to see that the house needs a lot…
Read More