Thursday, October 05, 2006

 

Vacation & Investment Property in Cape Coral Rises

Earlier I mentioned the bump we've seen throughout the US economy
regarding the rise in home sales for last month.

What's interesting as I dig deeper and troll the investment clubs throughout
Fort Myers, Cape Coral, and with a few of the best real estate brokers in
Cape Coral, Florida who are the real deal - and not just running some crackpot
shop - is that everyone is seeing a lift in real estate values, purchase and home
sales throughout the area.

For instance, one investor I spoke with who wishes to remain anonymous, just
last month in September bought and closed on 15 properties in Cape Coral with
his partner. A portion of those were assignments to buyers from California and
the East Coast.

But his business is up from having done just 4 properties in July and August.

Brokers are also seeing demand pickup for new construction homes in Cape Coral
because people don't want to wait 2 years or more to get a property built.

Be it for vacation or investment, the predicted trend amongst these investors
and real estate brokers is that property activity in Cape Coral will surge even
more this month as we head toward November. Stay tuned!

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