20Jul 2010 by Susan Milner No Comments

Cape Coral Taxes

Buyers, Cape Coral Real Estate, News
Cape Coral residents could possibly get another property tax decrease this year, if the proposed budget is adopted.  The city council has promised along with the decrease in taxes no services will be eliminated, or no layoffs expected.  Cape Coral experienced a 15% decrease last year because of falling home prices.  The home values have continued to drop this year so we are expecting once again, another decrease in taxes. The millage rate could be changed accordingly though. The Cape Coral city council will set a maximum tax rate on July 26th 2010 further tax cuts may be adopted before the final budget decision in September 2010, and become effective October 1, 2010.  We are hopeful that this new budget will help our Cape Coral residents in an unstable economy.…
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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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23Jun 2010 by Susan Milner No Comments

Cape Coral real estate

Cape Coral Real Estate, SW Florida News
Cape Coral, Florida At Florida Future Realty, Inc we are always focusing on how we can make the real estate process more pleasant. This is for our customers and our agents. So we recently revamped our entire office. We changed things up and gave the office a more inviting feel. Agents have more areas to meet with customers and do their work. Customers have a professional yet comfortable location for all of their real estate needs. Below are photos of our new look. Stop by to see us! We are open regular hours Monday-Friday 9am-5pm and by appointment on the weekends! Florida Future Realty, Inc. 2816 Del Prado Blvd. S Unit 2 Cape Coral, FL 33904 (239) 542-8521 Hope to see you soon! Yours in Success, Susan Milner Florida Future…
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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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