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If you miss the opportunity in the one of the hottest markets in the country it won't come around again. Who is going to spend Christmas in your dream home this year? You or someone else? Cape Coral and Fort Myers are ripe for the picking and the apples are going fast. Interest rates are at an all time low. What ...
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I'm visiting my daughter and her family in St. Louis and I noticed that this is a vibrant city. Lots of industry and diversity keep the economy moving forward. Cape Coral and Fort Myers are tied to the building industry and tourism. The City and County can't get out of it's own way to intice industry into our area. ...
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Homes for Sale under $100,000 in Cape Coral We have customers that are looking in the under $100k price range in Cape Coral. These properties are moving fast and most are in great condition. I have written multiple full price offers for properties to have them overbid by others. That is a good sign for the real estate ...
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This is a crazy market. Cape Coral and Fort Myers Buyers are ecstatic over the deals they are putting together. When you look at the nuts and bolts of the deal they are really amazing. For instance the ability to buy a home for 2/3 and less of actual cost of building it. That is a steal! Prices when inflated equaled ...
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There are a ton of Foreclosures still to come.The on and off again market. Wow, just when you thought we were out of the woods we are back in deep weeds. Just as we think we are stuck in the mud mire, it opens up again. I’m getting a nervous tick. Off again on again. Buy at the bottom. That is the basics ...
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Short Sales are out of control in Cape Coral and Fort Myers I have received one call after another to try to short sale homes and land. It is truly epidemic. I really wish I understood the thinking of the banks and what is reality in dealing with short sales. Taking a short sale is like going to the dentist for a root canal. ...
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June 8, 2008Watch out for the call or mail that “bails you out”.Ok SW Florida the predators are out. If you find yourself in trouble with your mortgage I have a warning for you today. A friend of mine in Cape Coral called me and said she had received an offer from her mortgage holder. The offer had stated that ...
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Building permits in Cape Coral and unincorporated Lee County were up. Lee County had 80 new permits and Cape Coral had 34 permits (more than double last month). This seems to be the beginning of the turn. The sense I get of the market is how people talk about what is happening and what they are doing about it. The buyers are ...
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Rates on 30-year mortgages fall to lowest point in a month
WASHINGTON – May 16, 2008 – Rates on 30-year mortgages edged down this week to their lowest point in a month, This is great news to would-be home buyers.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.01 percent for the ...
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As of today we have 4667 active single family homes on the market in cape coral. Of those 467 are active contingent (probably short sale offers waiting for banks reply). 697 are actually pending waiting to close. If everything would close that's 1164 homes ready to close. In the past 30 days there have been 344 ...
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