Buyer’s market or seller’s market in Cape Coral Real estate

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The number of foreclosure has hit the its lowest level. Today, when I checked those bank owned properties for Cape Coral, there were only 214 units. For your information, there were 1085 in December 2010. And that’s most likely why we see more interest in the non distressed market, often with multiple offers.

All is all, there are 1774 properties for sale in Cape Coral and we have experienced 451 sales in the last 30 days. That’s mean we have about 3 months inventory out there, making it a seller’s market now. And if you add the fact that multiple offers occur more often now, buyers have a harder time to have their dream home under contract. That is exactly what my french speaking buyers from France experienced. They use to make a search online for ” maisons a vendre a Cape Coral “, find me there, give me a call to begin the search and get very frustrated after looking around for a few weeks, seeing nothing good is available anymore.

Cape Coral luxury foreclosure

Cape Coral luxury foreclosure

The thing is, today, if you plan to buy a property here, be prepared. Get your financing handy, bank letter, pre-approval. And once you see a property you like, make that offers good enough to have the seller put his signature on your contract. Unfortunately, if you don’t act quickly, chances are the property will be pending before you realize it. Prices are still the lowest in the nation here, especially if you compare the amenities that Cape Coral is offering with cities in the middle of Tennessee for example. Not only the weather is more attractive, let’s face it, but also the proximity of the water, with the gulf of Mexico and the beaches.

So, in my opinion, 2012 shows the switch from a buyer’s market where sellers were waiting for a single offer to show how low was the price offered to a seller’s market where the buyers are competing so ferociously to have a chance to buy that property at often a price above the asking price.

If you are entering the market for selling or buying a property in the Cape, give me a call or send me an email. There is still time to find your dream house at an excellent price, but don’t delay.

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Comments (0) Mar 25 2012

Cape Coral est la ville ou le prix immobilier augmente le plus aux USA

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La très sérieuse section immobilière de Yahoo nous a révélé il y a de ca à peu près deux mois que Cape Coral est la ville dont le prix immobilier augmente le plus dans tout les Etats-Unis. Ceci est évidement une excellente nouvelle pour nous les habitants mais aussi pour les investisseurs qui travaillent avec moi, dont une grande partie venant de France.

Maison a vendre a Cape Coral en Floride

Maison a vendre a Cape Coral en Floride

Cette augmentation est de 12,1% sur les 12 derniers mois, faisant de Cape Coral la ville numéro 1 devant Bridgeport-Stamford dans le Connecticut qui voit une hausse de 10% sur les 12 mois passés. Mais le prix moyen reste toujours abordable puisqu’il se situe vers les 100.000 dollars pour une maison standard de 3 chambres avec 2 salles-de-bain.

Donc, les investisseurs et autres peuvent encore prendre le train en marche, il est encore temps. J’espère que vous avez déjà acheté ici  à Cape Coral durant les 12 derniers. Et sinon, il est encore temps. N’hésitez pas à me contacter.Il semble bien que la reprise immobiliere a Cape Coral montre le bout de son nez pendant que le continent Européen a beaucoup de difficultés. Profitez que l’Euro est toujours assez fort face au dollar et vous aurez fait un excellent placement immobilier aux Etats-Unis qui sont un pays solide globalement.

Pour ceux qui sont interesses, voici le lien vers cet article de Yahoo Real Estate

N’oubliez pas de vous adherer a la page Facebook des francophones de Cape Coral

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Comments (0) Mar 13 2012

Cape Coral is the highest rising home prices

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The very serious Real Estate section of Yahoo has brought something very interesting a couple of months ago, and a very good news for people who bought a home in Cape Coral in the past 12 months. And not only in the Cape Coral real estate but also all around, like Lehigh Acres or Fort Myers. The good news is that Cape Coral is the highest rising home prices in the U.S.!

Price differences show an increase of 12.1% for the last 12 months far ahead from Bridgeport-Stamford in Connecticut, but with still a median price of$100,000 for a typical 3 bedrooms 2 bathrooms house. But the number of foreclosure is still important with 1 foreclosure for every 92 homes. That alone will probably decrease the price rise into the single digit. It will remain steady in my opinion though because the median price is still the lowest nationwide, but steady because more and more people see a perfect place to retire when they think about the sunshine state.

Cape Coral italian style foreclosure for sale

Cape Coral italian style foreclosure for sale

The city of Cape Coral show only a 4 months’ supply of properties, which has to rise prices and demand. Lehigh Acres has only a 1 month’s supply and the rumor about how secure is the city is decreasing as well. People begin to realize that crimes in Lehigh Acres were made by A/C, pool and water system professionals in search of free parts by stealing A/C, pool equipment and water system equipment from abandoned foreclosed houses there. Those foreclosure having disappearing rapidly, those parts are no longer available and crimes rate has melted like snow under the sun.

So, this is an excellent news for our community and I really hope you bought within the last 12 months. If not, and if you still want to take the running fast train to real estate wealth, feel free to give me a call at 239-240-7346 or send me an email at info@1capecoral.com.

Here is the link to that Yahoo Real Estate article.

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Comments (0) Mar 13 2012

Shrimp festival at Fort Myers Beach

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My wife and I were spending great quality time last week-end during the shrimp festival in Fort Myers Beach. We were with our 18 month old grand daughter and I think that was her first time she saw the beach and the water there.
The city was crowded with people and also with students who came down for spring break. The ambiance was hot and noisy :-)
At first, we were redirect to park on vacant lot before the bridge. The police closed down the bridge because of the parade. Of course, there was a guy taking advantage of tourist asking for 5 bucks for parking. He was maybe a neighbor trying some few quick bucks.
So we went crossing the bridge walking, which was OK, it’s not that long and you get nice view from the top of it. Once there, we were trapped in the middle of the parade. That was really nice. My wife got several pearl pendents, especially from those 6-pack firefighters dancing on their char :-)
Then we headed to the shrimp festival place where we ordered the $10 shrimp menu served for and by the lions club. We got some nice well cooked shrimps, and some were just huge, with some slaw. Bottle of water were at $1.
After a nice meal, we went to the pier. Our grand daughter could appreciate the water view and a couple of pelicans sleeping right there, on the spot where fishermen clean their catch of the day.Fort Myers Beach pelican The beach had quite a lot of beach bums that week-end. Not only because it is high season for vacationers, but also and mainly because of the nice weather we have here in winter. I took a picture of the beach to show you how it was. So, make sure to make plan for your next vacation here in Fort Myers Beach. You’ll be glad you did.Beach at Fort Myers Beach And you plan to buy a nice little home In Fort Myers Beach for your holidays and renting it in between your stays to help to pay the mortgage or the expenses, feel free to contact me through www.1capecoral.com or by calling me at 239-240-7346.

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Comments (0) Mar 12 2012

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