05Feb 2010 by Susan Milner No Comments

Lee County Homestead Exemption

Buyers, SW Florida Real Estate
Lee County Homestead Exemption Laws Over 1,000 people move to Florida every day according to dmv.org.   Not only are families relocating from other states but they are also moving from other countries.  Is this because of the beautiful sand beaches, warm sunny weather, or miles of green golf courses?  It may just be because of the generous tax laws offered to Florida residents. The law states that Florida residents are eligible for a 25,000 exemption on the assessed value of their home.  Those with an assessed value of more than 50,000 are eligible for an additional 25,000 exemption, depending on the value of their property. The exemption can only be applied to non-school taxes, and the property must be worth at minimum 75,000 to be eligible for the entire exemption…
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26Jan 2010 by Susan Milner No Comments

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…
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22Jan 2010 by Susan Milner No Comments

Sandoval in Cape Coral Florida

Cape Coral Communities, Cape Coral Real Estate
Sandoval is a great community located in central Cape Coral. With a resort style community, fishing pier, dog park, volleyball court & walking trails you'll never run out of activities to keep yourself busy.  Homes from single family to carriage & villa homes are available in this beautiful Cape Coral community. Just click below to view through currently offered condo & villa listings in Sandoval.
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23Sep 2009 by Susan Milner

Chinese Drywall found in Cape Coral & Fort Myers houses

Buyers, Cape Coral Real Estate, Cape Coral short sales, Fort Myers Real Estate, Fort Myers short sales, SW Florida News, SW Florida Real Estate
[caption id="attachment_174" align="alignright" width="300" caption="cape coral real estate"][/caption]Chinese Drywall in and around Cape Coral, Ft. Myers and Lehigh Acres is something to be aware of Over the past couple of years we’ve been hearing more and more about Chinese Drywall in SW Florida. Our office focuses mostly in Cape Coral & Fort Myers real estate. There are many homes & communities that have been affected by Chinese Drywall. Most of these homes were built between the years of 2003-2008 but there have been some instances found dating back as early as 1998. During those periods, our housing/building boom, drywall was imported into the United States that was manufactured in China & much of it contained potentially toxic materials. If you are considering purchasing a home in our area that was…
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03Sep 2009 by Susan Milner

Lee County real estate market statistics

Buyers, Cape Coral Real Estate, SW Florida Real Estate
Welcome to September. I can't believe we're 2/3 through 2008 already. This year seemed to FLY by. It has proved to be a very historical year so far for real estate here in SW Florida. With unprecedented foreclosures and short sales in Lee County, the values definitely continued to decline. Sales went up over the year however. I'd like to share with you statistics I pulled up today. From January - August residential sales (not including multi-family or land) in Lee County by the year. 2009: 13,505 * 2008: 7,252 2007: 5,414 2006: 8,052 2005: 10,896 * 2004: 9,351 * 2005 was our peak year for values & volumes prior to 2009 which clearly shows nearly 125% more sales than in 2005! I also calculated the median sales price to…
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