Cape Coral Florida Real Estate Deals

Talk about "Now's the Time To Buy!"

The deals get better in a "down" market, and when everyone's
selling, you should be buying...but you don't have to take my word
for it...here's the proof folks.

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Overall mortgage application volume last week jumped to its highest level since October 2005 as lower interest rates inspired a surge in refinancing and new purchases, the Mortgage Bankers Association reported today.

The market composite index, which measures total home loan volume, rose to 721.2 last week, up 11.4 percent on a seasonally adjusted basis from 647.6 the week before. Separately, the seasonally adjusted refinance index increased by 15.8 percent to 2,304.4 from 1,989.7 the previous week, and is now at its highest level since September 2005. The purchase index hit an 11-month high, rising 8.7 percent to 463.8 last week from 426.6 one week earlier.

Read the latest news here from Inman at

http://www.inman.com/inmannews.aspx?ID=60094

Exciting news out of Cape Coral Florida for area homeowners,
for buyers, and for investors. In October 2006, global distributor
Exel Inc., created a deal to occupy more than 38,400 ft.² of space
in a new industrial building in Cape Coral.

The company, which is a sister company of industry giant DHL
and is part of the Deutsche Post World Net group, is expected to move
into the building at 71 Mid Cape Terrace soon. The building was
completed early last year and will be used primarily for office and
warehouse space for the new company.

The new move is likely to bring new jobs to the area, something that
may well bolster property prices in the area even further in the years
to come. The new building and new deal suggests a new interest in the
area for business owners. Some residents are already predicting that
Cape Coral will continue to grow exponentially as the business
community in this new building and in other parts of the city will attract
even more affluence and more residents to the area.

Investors who have been thinking about investing in Cape Coral, should
consider investing soon. Once the Exel Inc business space is established
and jobs in the area increase, housing prices are expected to rise.

This makes right now the ideal time to buy. Currently, Cape Coral real
estate is plentiful and offered at good prices. However, the current
trend may not continue, so getting in on the ground floor now may be
the best option.

With a new business in the area, business rentals may be more in demand
and the buyers and renters may have more money to spend on property
in the near future as well. Investors who want to buy low-cost homes now
and rent or sell them later to prosperous new residents in the area stand
to make a tidy profit.

Plus, this is not the only beneficial news coming from the Cape Coral area.

Only last month, improvements to the yacht club gave further evidence
that the area is improving rapidly in terms of economic growth and wealth
building. Is it any wonder that experts predict that Cape Coral Florida real
estate could be about to boom?