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Posts from the ‘cape coral homes’ Category

Flipkey (Tripadvisor) Names Cape Coral Top Vacation Destination

FlipKey™, the leading vacation rental website, has revealed the top 13 vacation rental destinations for 2013 based on FlipKey traveler demand to-date, and Florida tops the list. Cape Coral FL is seventh, with nearby Naples, Marco Island, and Siesta Key also on the list.

Here’s the entire list: http://www.prweb.com/releases/2013/1/prweb10285935.htm

Investors Business Daily: Luxury Home Buyers Turns Up

“Sales of all homes in Southwest Florida priced $1 million to $2 million rose 13% for the 12 months ended in April, says the Naples Area Board of Realtors. Luxury homes and condos on or near the beach are the hot sellers in Naples, which at the high end is a second-home market.”

Read the full IBD Article here: Investors Business Daily, Luxury Home Buyers .

Cape Coral – Fort Myers Homes Rise 14%

Cape Coral Real Estate and Fort Myers Real Estate Top the Nation in Gains

As Cape Coral – Fort Myers goes, so goes the real estate market? Southwest Florida, in particular the twin cities of Cape Coral and Fort Myers home markets, was the first to boom in the early 2000’s, the first to bust in the mid 2000’s and now in the twenty-teens the first to climb back into a recovering, healthy market. We’ve said it a thousand times and will say it again: all real estate is local. What is happening in Las Vegas, Seattle, or Destin is far different from the price points, inventory, and selling trends here in Southwest Florida.

Prices are still ridiculously cheap compared to the boom times the first part of this century, but there are no more declines and there are far fewer distressed properties on the market. Inventory is dramatically reduced, home builders are buying up land and building again, and the commercial market in Cape Coral is seeing gains as well. All of this is leading to incremental price increases indicative of a healthy, growing market (but not booming, thankfully) that is win-win for both buyer and seller.

This graph that we posted in 2006 has born true: at the time, we could not predict when the rational growth would emerge, but now it’s crystal clear that we are in that rational growth phase.

Here are the best, and worst, performing cities as reported by the AP and Trulia. Six out of the top ten are in Florida and none of the bottom ten are in Florida:

  1. Cape Coral-Fort Myers, Fla.: 14.8%
  2. Miami: 14.1%
  3. Phoenix: 13.2%
  4. Pittsburgh: 9.2%
  5. Little Rock, Ark.: 6.7%
  6. Orlando: 6.3%
  7. North Port-Bradenton-Sarasota, Fla.: 6.2%
  8. Palm Bay-Melbourne-Titusville, Fla.: 6.1%
  9. West Palm Beach, Fla.: 5.8%
  10. Warren-Troy-Farmington Hills, Mich.: 5.6%

- – – – – – – – – – – – – – – -

  1. Tacoma, Wash.: -11.9%
  2. Seattle: -9.1%
  3. Sacramento, Calif.: -8.3%
  4. Las Vegas: -7.7%
  5. Wilmington, Del.: -7.7%
  6. Columbia, S.C.: -7.3%
  7. Cleveland: -6.9%
  8. Fresno, Calif.: -6.8%
  9. Milwaukee: -6.7%
  10. Allentown, Pa.: -6.7%

Austin TX “Hearts” Cape Coral FL Real Estate

Cape Coral and the Recovery of Dreams

Nationally syndicated writer Scott Burns writes in the Austin Statesman about his newly found love – Cape Coral Florida’s real estate opportunity in his article “Cape Coral and the Recovery of Dreams.”

Today, after an improbable development, Cape Coral is every person’s dream of Florida, retirement and the good life — sunshine, water, fishing, 400 miles of canals and more sunshine. Not to mention golf.

And much of it is at a price people who actually work for a living can afford. …with the notable exception of cities like Detroit, you could sell your home almost anywhere in the country, move to Cape Coral and pocket some money.

His article also highlights the popularity of Cape Coral for international real estate buyers:

According to the Lee County Visitors Bureau, nearly half a million international visitors came to the area in 2010, with more expected when the count is done for 2011. Many come from such places as Canada, the United Kingdom, Germany, Austria and Switzerland.

They come to vacation — and they come to buy with ready cash.

… more than 80 percent of foreign investors paid cash for their Cape Coral property. It isn’t difficult to understand. If you’ve ever been to Hamburg or Berlin during the winter, you know why the grass is so much greener in Florida that they will come here and pay cash.

We agree with just about everything in Mr. Burns’ article but we take a bit of an exception to the “sacrifices” he notes. We respond:

  • Upscale shopping is just a 15 minute drive – a small price to pay for owning a home in waterfront paradise.
  • Not enough Mercedes? Hmmm. We judge “season” not by the change in weather, but by the number of Benz’, Ferrarris, and Porches we see at any given stoplight on any given day (and a few gleaming Rolls here and there too).
  • No anchovy sandwiches? We’re not 100% sure that’s true (and not terribly interested in fact-checking that one), but that’s okay, we can live with that.

This is just one of many articles recent extolling the recovery of Cape Coral’s real estate market and the Southwest Florida market and lifestyle. See related news: TripAdvisor, Frommers,  Yahoo Real Estate, Bankrate, and CNN Money (to name just a few).

Want to learn more about Cape Coral real estate? Visit these links for in-depth information:

And check out these waterfront resort communities with condos and single family homes for sale in the Southwest Cape Coral area.

Cape Coral Real Estate On the Rise

Yahoo Real Estate posted the top five cities with rising prices today. “Sales in this appealing area, with its 400 miles of waterways and access to the Gulf of Mexico beaches, islands and fishing grounds, are steady (and traditionally rise with the arrival of winter snowbirds).”

Learn about Cape Coral and view Cape Coral Real Estate Listings here.

View the entire Yahoo / Kiplinger article here.

 

Taylor Morrison Buys Remainder of Sandoval Lots

Sandoval – Cape Coral Gated Community is Selling

Sandoval was the first master-planned, gated community in Cape Coral and has remained one of the top-selling communities in Southwest Florida since its introduction, with ­120 new home sales in 2011 alone. There are 577 homesites remaining, or about a third of the overall total for the 524-acre community.

Resales of Sandoval existing homes and townhomes are also brisk. View MLS details on current Sandoval Listings here.

Steve Kempton, president of Taylor Morrison West Florida, said the homebuilder expects the brisk sales pace at Sandoval to continue. “Sandoval consistently accounts for about 50 percent of all building permits in the city of Cape Coral,” Kempton said. “Even as other areas slowed, Sandoval continued offering a price point and value that are enhanced by the amenities in the community. Families can’t find this package anywhere else.”

Chix-n-Stix Fishing Tournament at Tarpon Point – March 23-24

Tarpon Point Resort Offers Discounts To Tournament Goers

Chix-N-Stix Ladies Fishing Tournament has turned into a series due to the high demand from lady anglers for more fun throughout the year and is holding another tournament this spring at Tarpon Point in Cape Coral. This is the only ladies fishing tournament of its caliber in Southwest Florida.

This popular ladies-only fishing tournament is fun-filled and more about female camaraderie than it is about competition — The Resort at MarinaVillage adds all the style, comfort, and service these lady anglers need.

On Saturday, the ladies gather their teams, board their boats (some cast their reels off docks or piers) and troll for Lady Fish (of course) to fill up their buckets. Proceeds from sales of the catch benefit Oasis Charter Fishing School.

Read more about the March 23 – 24, 2012 tournament here and here.

Upscale Cape Coral Tarpon Point Resort and Marina Sold

The luxury resort in Cape Coral, Tarpon Point Resort and Marina, was sold to a luxury hotel firm based in Arkansas last week. The new owners, Freeman & Hasselwander Resort Properties LLC, are keeping things pretty much status quo, with Sunstream staying on as the resort managers.

The sale included the commercial properties including the Nauti Mermaid Grill and Bar, the Marker 92 gourmet restaurant, the shops along the marina, and the marina itself.

Cape Coral – Fort Myers on 2 National Trend Lists

Cape Coral real estate and Fort Myers real estate continue to buck national trends

Cape Coral and Fort Myers were highlighted in two national studies – one from Realtor.com and one from Trulia – both suggest that our marked is in rebound if not already past that point.

Realtor.com’s placed Cape Coral and Fort Myers third in their list, citing:.

Fort MyersCape Coral: Median prices in Fort Myers-Cape Coral have increased year-over-year, foreclosures are down, inventory is lower and foreign buyers are attracted to the area’s real estate prices.

Trulia placed Cape Coral real estate and Fort Myers real estate as fifth in its list of the most searched listings.

From Florida Association of Realtors, Realtor.com, and Trulia.com.

10 Cities Where List Prices Are Rising the Most | Realtor Magazine

10 Cities Where List Prices Are Rising the Most

Daily Real Estate News |

Which cities are seeing median list prices increase the most? Nationally, median list prices have risen 1.60 percent to $190,000, according to year-over-year listing data from September 2011 by Realtor.com, based on 146 markets.

Yet, in some cities, median list prices in that time frame have risen more than 20 percent. Florida cities, in particular, are continuing to see some of the largest rebounds in list prices.

Here are the 10 cities that have seen the largest percentage increases in median list prices based on year-over-year data from September:

1. Fort Myers-Cape Coral, Fla.

Year-over-year median list price increase: 34.46%

Median list price: $215,000

2. Miami, Fla.

Year-over-year median list price increase: 25.63%

Median list price: $250,000 Read more

Gulf Access Cape Coral Pool Home For Sale

SageRealtor Group Presents… Cape Coral Florida Waterfront Home

Move in Ready, Minutes to the Big Water

This beautifully updated pool home, with Southern Rear Exposure is ready to move in and enjoy this season’s winter in your new home in paradise.

This delightful 3 bed, 2 bath, 2 car gar home is tucked away in a quiet neighborhood with curb appeal galore. You are welcomed with an inviting trellised entryway and then will find…

(1) real hardwood floors in the main areas
(2) new carpet in the bedrooms
(3) Gorgeous landscaping and curbing
(4) Barrel Tile Roof
(5) Dock with 8500 lb lift and Canopy
(6) new A/C and storm shutters, updated plumbing, water heater, and pool pump
(7) great appliances
(8) and may extras such as an Outdoor shower with Hot Water, NEW Fence, and Central Vacuum
(9) only 1 bridge to big water down the San Carlos canal
(10) a Peaceful view with an extra wide 100′ canal.

Make this YOUR special hideaway waterfront home!

This slideshow requires JavaScript.

Visit this link for full details on this Cape Coral pool home.

Home Prices On the Rise in Southwest Florida

From the News-Press, October 22 2011

Home prices spiked up 17 percent in Lee County in September compared to a year earlier, even as the flood of distressed sales ebbed.

The median price of an existing single-family home sold in Lee County in September jumped to $110,600, according to statistics released Thursday by Florida Realtors.

There were 1,127 single-family homes sold in September, up 2 percent from 1,102 a year earlier, said the group’s report, which counts sales completed with the assistance of a Realtor.

The Naples Area Board of Realtors provides its data to the Florida Realtors, but doesn’t allow them to be publicly available. A separate release issued by the board said the median price in September was $169,000, up from $161,000 a year earlier. There were 491 sales in September, compared to 513 in September 2010.

In another report also released Thursday by the National Association of Realtors, the number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years.

Traditional sales “are picking up the slack,” he said. “Our market has almost flip-flopped” since 2008 when 70 percent of sales were distressed. Now only 20 percent are — 13 percent short sales and 7 percent sales by banks that took a property back in foreclosure.

The inventory of unsold homes has also contributed to a stronger market, Grimes said: only 800 houses are available for sale now, down from 4,200 three years ago.

Real estate agent Cheryl Turner of John R. Wood Realtors in Naples said the stronger prices there are due to an increased confidence by would-be retirees that the worst is over for the national economy and the local real estate market.

“What I’m seeing is people in their 50s, but thinking when they’re ready to retire the markets going to have recovered,” she said. “They’re still in a position to pay for it while the market is down. They can get a foot in the door before the market recovers.”

The national association said that home sales fell 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s below the 6 million that economists say is consistent with a healthy housing market.

The Associated Press contributed to this report.

25 Best Places to Retire – Cape Coral, Fla. (#2) – CNN Money

25 Best Places to Retire Cape Coral, Fla. #2 of 25

Cape Coral, Fla. is paradise for water lovers. Photo at right is taken from the condos at Tarpon Point Marina in Cape Coral.

Population: 154,300
% over 50: 38%
Top state income tax: None
Cost of living index: 96

Lots of Florida towns have seen dramatic price drops, of course, but Cape Coral has something else going for it: It’s paradise for water lovers. The town is sliced with 400 miles of canals, half of which have access to the Gulf of Mexico, about 20 minutes away by boat.

Home prices here, for example, have fallen more than 60% since the 2006 peak. For homebuyers, that means a lot of bang for the buck: A newly renovated three-bedroom, 1,800-square-foot house with a pool was recently bought here for $145,000.

View Cape Coral waterfront homes for sale now
or
Search MLS for Cape Coral homes and condos for sale.

Learn more about Cape Coral Florida
and
Learn about Cape Coral’s waterfront paradise and find out about Cape Coral’s saltwater canals, freshwater canals, and other great information for boaters.

via 25 Best Places to Retire – Cape Coral, Fla. (2) – CNNMoney.

Tarpon Point Condos are Selling Fast

The Tarpon Point tower condos, “Tarpon Landings,” at the Marina Village Resort in Cape Coral are selling at a brisk pace this summer. About 5 per week are going under contract and there are approximately 50 units left. The condos are bank-owned and are being sold as individual units (not a bulk sale or auction).

All condos in Tarpon Landings are over 2800 square feet and have balconies front and back. The front lanai has expansive views of the Tarpon Marina, Sanibel, Fort Myers, the Gulf of Mexico and Caloosahatchee River. The higher floor units as expected offer the best views. There is also a sales incentive for those that purchase one of the units priced $450K or above – get a free pool side cabana (valued at $40,000).

Most of the condos for sale are not listed in the MLS, although a few are. Contact us to request a price list, floor plans, and find out which units are still available. Click “More” to view photos.

Read more

SageRealtor.com In the News Today

In the News-Press Thursday June 29. 2011.

SageRealtor.com Waterfront Expert - Cape Coral - News-Press

Median Home Price Up 11% – Cape Coral – Fort Myers Real Estate

SOLD! Direct Sailboat Access Condo – Southwest Cape Coral

Bob and his family from Toronto are now the proud owners of this waterfront condo in Southwest Cape Coral FL. Closing on their vacation condo was a couple of days ago and they are here enjoying dips in the pool, the views and sunsets.

Market Watch – Cape Coral Home Sales Strong – April 2011

As we have experienced first hand, Cape Coral Homes are Selling. This is especially true of high-demand properties, most particularly waterfront homes and condos. Where inventory is low and where there is high-demand (such as Cape Harbour and Southwest Cape Coral Gulf Access homes), the tides are turning. Sellers that have priced to the market can get their asking price.

SOLD! Cape Coral Pool Home – Direct Access

Jim and Julie of Michigan will someday retire to Cape Coral FL in this beautiful Gulf Access Pool Home. And, we welcome them as our new neighbors! We Congratule the sellers, Bob and Pat, and the buyers on this win-win for all. We will terribly miss Bob and Pat as our neighbors, but they will still be “in the hood” in a marina community nearby, so we will survive.

Coming soon, Jim and Julie will be offering this vacation home for seasonal rental. More details on that later!

SOLD! Wonderful Sandoval Home – Cape Coral FL

Congratulations to Tim and Chris of Ohio in their purchase of this vacatioon home! Beautiful lake view home in the gated community of Sandoval in Cape Coral.

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