Cape Coral Florida Real Estate Deals

Loan Applications Hit 14 Month High!

2006-12-13T12:30:00.000-08:00

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

New Cape Coral Prosperity Headed for Florida

2006-12-08T15:17:00.000-08:00

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?

New Cape Coral , Florida Project Offers Great News For Homebuyers and Investors

2006-11-10T10:47:00.000-08:00

On Monday, November 6, 2006, work crews began work on Florida ’s Cape Coral Yacht Club. The renovations are expected to create a new, expanded park. In the renovation process, several abandoned real estate properties were demolished in order to make way for the improved club. Already, residents in the area are excited by the changes, which promise a larger beach, safer streets, and even a new restaurant.

It’s not just residents in the Cape Coral , Florida area who can benefit from the new improvements. Investors and homebuyers can also expect that the new Yacht Club improvements can improve real estate and land values. Although the yacht club project has not yet edged land prices up, the new improvements do mean that the area’s real estate can enjoy higher values very soon.

For homebuyers, the new Yacht Club will mean better real estate values as well as a more pleasant neighborhood to live in. Any homebuyer interested in Florida property can now buy land in Cape Coral in order to enjoy a beautiful new park and larger beach. Plus, the new improvements at the club will mean new facilities that residents can enjoy. With a new Yacht Club, residents of the area can enjoy the prized Florida weather in the beautiful new Cape Coral .

For investors, the new Cape Coral Yacht Club in Florida can mean ever bigger news. With the upgrading, the real estate in the area may increase in value in the next few months or years, so that entrepreneurs who invest in Cape Coral today can expect their Florida land to grow in resale value. Plus, the new improvements are expected to bring in new tourism dollars, so that anyone investing in land in the area can build investment real estate properties that cater to the expected influx of visitors who will be bringing their money to the region.

Whether you are an investor or homebuyer, the new improvements in Cape Coral , Florida can only mean big news. Whatever your reasons for buying real estate, though, don’t delay. Once the improvements are completed, land prices in the Florida town of Cape Coral may rise suddenly

U.S. Pop'n hits 300 Million - Florida Real Estate to Soar

2006-10-17T15:04:00.000-07:00

It's official!

As reported in today's Rocky Mountain News, America's
300 MILLIONth citizen was born early this morning.

Quite an astounding fact when you consider that in 1900,
the country's population was 76,094,000.

Which over the course of just one hundred years blossomed
to exactly 281,421,906. But in just 6 years, America's added
another 29 MILLION people to its bottomline.

That's 29 Million more mouths that need food & water, and
bodies that need clothing and shelter.

What's more, by 2030, America's population is expected to
hit 370 Million people.

Just where are they going to live?

If you're investing in real estate, then I hope they're living in
your properties.

America's population growth is accelerating at break neck
speed, which along with the world's population, is putting
much greater demand on land, property, and earth's natural
resources.

If you're not investing now, then don't let this freight train
pass you by. Because if you do, 30 years from now you'll be
saying to yourself, "I should have bought Florida real estate 30
years ago"

Now is the time to stop that from happening, and buy fabulous
property in Florida at below market values

Think about it. With the baby boomers moving in, and sharp
rise in population (which grows faster every moment that passes),
Florida's environment and its real estate will be in much higher
demand.

Look, 3 months or even 3 yeras from now you can be nothing more
than a little bit older, and pay more, or you can take advantage of
property values at below even today's prices. You decide. You have
nothing to fear, because these properties are certified and brand new.

So click here now and view the remaining Florida real estate for sale in our
database at unbeatable prices.

Some Real Estate Markets are Booming in the U.S.

2006-10-13T19:18:00.000-07:00

While some real estate markets decline throughout the States, there
are others that are booming.

This is even acknowledged by large and respected media outlets.

For instance, although markets (like California), are dropping Nationally,
the "overall outlook seems reasonable: 7 percent appreciation for 2006." - Fortune Magazine.

Do you know where to look? Checked out...you guessed it...Cape Coral?
If not, now's the time you should.

Will Cape Coral Florida Real Estate Survive the slowdown?

2006-10-11T13:02:00.000-07:00

If you are an investor or home buyer, you may not want to write off
Cape Coral Florida real estate just yet. For a while now, the media has
been reporting on the demise of the Florida real estate market.

In many newspapers, the pullback on what was once a white hot Florida
real estate market is big news. The market is climbing with a 32% appreciation
and Cape Coral Florida is still ranked in the top five in growth for cities with
populations over 100,000.

Although the Cape Coral Florida real estate market has had a slow summer,
September saw the best sales in four months.

This, and the fact that more boomers and younger families are moving into
the area may mean that the Cape Coral Florida real estate market may be
seeing a turn-around soon. The fact is, buyers are always looking for --and are
willing to pay more for—quality homes in great areas and this is what the
Cape Coral Florida real estate market offers them.

Plus, smart investors know that when a market slows down temporarily,
great deals are often available.

This may be especially true in Cape Coral Florida real estate, since the
Cape Coral Florida real estate market offers great deals and the homes
that buyers are looking for.

Sean Campbell, a Real Estate Broker in Cape Coral says "We had nearly
quadruple the closings of property in our office during the month of September
than we had in August."

This is a good indication that Cape Coral Florida real estate may be on its
way up. However, prices in the Cape Coral Florida real estate market are
still affordable, making this a great option for investors who want to improve
their returns.

Although overall real estate sales seem slow, Cape Coral Florida real estate
seems to be moving and even picking up, Any investor interested in making
money in today’s market reality is well-advised to take a closer look at Cape
Coral Florida real estate.

Vacation & Investment Property in Cape Coral Rises

2006-10-05T10:29:00.000-07:00

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!

Real Estate Mortgage Applications Jump 11%

2006-10-04T16:10:00.000-07:00

As reported by the Mortgage Banker's Association of America
in today's Inman News.

Quite fascinating as many had been predicting a slow down.

Yet as we mentioned here earlier last month and in August,
we expected real estate mortgage applications throughout
the nation and Cape Coral to climb being that rates are still
at record lows in the past 4 decades.

Real estate sales up...US Census Reports

2006-10-02T19:11:00.000-07:00

As I mentioned in our previous blog post, Cape Coral Florida real estate topped out
expectations for the last month in terms of new home sales.

Overall, the national home sales figures are up.

Here's the website to the US Census Bureau report

http://www.census.gov/const/newressales.pdf

Cape Coral Florida Sepetember Real Estate Sales UP!

2006-09-28T11:53:00.000-07:00

Defying the odds - as we enter what is typically the SLOWEST
season for real estate sales, Cape Coral Florida is steaming forward.

With more home sales in the month of September than mid-July to
August combined, Cape Coral property sellers couldn't be more
happier with the outlook.

"We had nearly quadruple the closings of property in our office during
the month of September than we had in August," says Sean Campbell
a Real Estate Broker in Cape Coral.

In fact, according to the US Department of Commerce, inventories
dropped from 7 million to 6.6 million homes this month.

A good sign that the nationwide slump in the States is turning the corner.

And Cape Coral, Florida real estate not only validates that, but even
seems to be up in the front ranks pulling that charge.

Overnight Mortgage Rates Fall...Demand Better?

2006-09-24T14:56:00.000-07:00

It's too early to tell - but as we mentioned earlier we see signs in the industry that
it will become more profitable to lock into mortgages now before the Fed decides
to raise their rates once again.

So if you're looking to buy Florida real estate - or anywhere in Cape Coral for that
matter, take this information into account.

Full Steam Ahead 4 Florida Real Estate

2006-09-19T18:07:00.000-07:00

Fort McMurray gives new meaning to 'boom town'
JEFFREY SIMPSON

From Tuesday's Globe and Mail

FORT McMURRAY, ALTA. — All Canadian roads, and not just the overburdened one from Edmonton, these days lead to Fort McMurray, Alberta.

The massive oil sands that lie throughout northern Alberta, with Fort McMurray as the urban epicentre, are pouring money into Alberta's coffers, widening the spread between its fiscal wealth and that of all other provinces.

The oil sands are pouring money into the federal treasury, helping it to show surpluses, which in turn are eyed by provinces and interest groups. They are pouring contracts into other provinces, spreading at least some of the wealth elsewhere in Canada.

They are pouring profits into shareholders' pockets of energy companies.

They are pouring oil into the market, especially the United States, at the very moment when Alberta's sources of conventional oil and natural gas are declining.

Canada produces about 2.5-million barrels of crude oil daily, and ships about 1.6-million to the U.S. To keep that level of exports, let alone to expand it, the oil sands are critical.

They are also pouring carbon dioxide into the atmosphere, making it among the reasons why Canada will not meet its Kyoto greenhouse gas emission reduction targets.

Unless new ways of handling this climate-warmer are found — and applied in the exploitation of the oil sands — Canadians will continue to be among the worst per capita carbon-emitters in the world.

A few oil sands projects are using new technologies to capture carbon; most are not. The oil sands, as nowhere else in Canada, pose the issue squarely: Will Canada take greenhouse gas emissions and global warming seriously and attempt to be a world leader in fighting climate change; or will Canada continue to be a laggard with one of the worst records on earth? The Alberta government estimates that only 2 per cent of established oil sands reserves have thus far been exploited. What gets done with the rest will spell the difference between massive climate degradation by Canada or serious progress.

The oil sands are pouring people into Fort McMurray, straining every social service and physical infrastructure. Roads, schools, health-care, housing, recreational facilities — you name it, and Fort McMurray is grappling with providing them.

The oil sands boom caught the Alberta government of outgoing Premier Ralph Klein snoozing. Nobody could see the boom coming, Mr. Klein insists by way of explaining why his government has been playing catch-up. Another explanation is that Mr. Klein slept through a host of issues in the last half of his years in office, content to ride along on a magic carpet of petrodollars.

Now the Premier is leaving, having lost the confidence of his party. The debate about who succeeds him is partly over the right vision for Alberta which, in turn, means how to handle the wealth generated by energy revenues, notably from these oil sands.

Predicting how much money the oil sands will generate is a mug's game. One estimate, accepted by the local chamber of commerce, suggests $125-billion of oil sands investment will flow into the municipality of Wood Buffalo that extends northward from Fort McMurray in the next decade. Edmonton is anticipating about $30-billion of oil sands investment money. And there will be billions more in the Cold Lake and Peace River Oil Sands area.

The Fort McMurray area is therefore the most robust economic engine in the western world. The vacancy rate for housing is zero. About a thousand people are waiting for some kind of social housing. People are doubling up in units. This spring, again according to the local chamber, the average cost of a house in Fort McMurray surpassed that of Toronto.

Labour is in short supply. Workers are being flown in daily from Edmonton. People are migrating from Newfoundland, other Atlantic Canadian provinces, Northern Ontario, Saskatchewan; in short, from wide swaths of Canada. Air Canada put on a daily flight to Toronto, while it cuts non-stop flights in other parts of hinterland Canada.

There are 69 oil sands projects in various states of operation or development in northern Alberta. They now produce about 1.1-million barrels of oil per day, or a little under half of the country's daily production. That share will rise.

With money like that in play, and with staggering environmental and fiscal consequences at stake, all roads by one route or another run through Fort McMurray.

jsimpson@globeandmail.com

West Virginia Real Estate 'Land For Sale'..Secret's Out?

2006-09-18T14:11:00.000-07:00

RE: West Virginia Real Estate 'Land For Sale'..is the Secret Out?

First, you're probably thinking, "what the heck is this post doing on a blog about Cape Coral Florida Real Estate?"

Great question. I think it's important to keep people apprised of key investment markets, and also great places baby boomers are looking to retire to. Hence, let me explain..

Not too long ago I wrote an article about West Virginia which is one of the markets that I considered, "America's Best Kept Investment Secret".

And while that sparked a bit of controversy, the general consensus was that - yes - indeed there is some great real estate in the hills and mountains of West Virginia.

In fact, if you searched the term "West Virginia real estate" in a free keyword search tool like WordTracker, you'd find that last month alone there were 75,765 searches on that keyphrase alone!!!

More...

Now I'd say that's a general keyphrase, but it does highlight the tremendous activity of people searching for West Virginia real estate over a 30 day period.

What's more, to get more specific, if we searched the keyphrease "West Virginia Land For Sale", we find that 2,468 people typed this into Google, Yahoo! or MSN last month.

So who's searching for West Virginia property?

From what we've seen it's the "land banking" investors and also an early phase of the soon-to-be-retirees that are looking to purchase prime property at affordable prices (Sorry if that sounds like a Wal-Mart commercial, but that's the best way to describe it), well ahead of the expected influx of boomers in the next 5 years.

So if you're looking for some excellent property to buy, hold, then flip - or think that owning some West Virginia real estate would be great for a mountain getaway, I'd encourage you to take a look at one of the prime estate developments that's being started in West Virginia today.

Not only is this a gated community (highly desirable for sophisticated buyers), but development just started which means you can still acquire land for great prices.

The developer's even offering up to 90% financing on the purchase of land!

Check out the West Virginia land they have for sale at http://www.MyWillowWoodAcres.com

Cape Coral Florida Real Estate Homebuyers Rejoice on Mortgage Rates!

2006-09-17T00:32:00.000-07:00

As a result of falling oil prices, it seems the Fed is breathing a small sigh of relief and
for the moment will not be raising the interest rate to curb inflation.

Which means, as a result, we should expect Mortgage Rates to hold steady for some time.

Given that real estate sales are slumping in the NorthWest, and faced with some ARM
renewals coming up on many Americans who refinanced 1-3 years ago, American homeowners
are breathing a sigh of relief as well.

Heck, some of them were even sweating bullets.

And this is great news for homebuyers looking to purchase real estate in Cape Coral.

Now is the time to lock in a fixed rate for that new home or second home. Be sure to
take advanatage of this window of opportunity...it may not last long.

And by the way - don't bother paying retail for Cape Coral real estate either.

Check out http://www.Cape-Coral-Florida-New-Homes.com for brand new construction deals.

Before you go anywhere, we'd recommend you check out the new properties they've listed
here for purchase. Then look around...because you won't find a better source for properties.

All the best.

"No Bubble" Real Estate Trouble?

2006-09-13T17:33:00.000-07:00

There, the big guns have said it today in a response to Congress asking the questions about whether or not the U.S. will suffer a housing bubble.

In fact, let me copy their own words as quoted in Inman News today:

= = = = = = = = = = = = = = =

“Economists and a representative for the National Association of Realtors, in congressional testimony today, raised red flags about “exotic” mortgages and rising interest rates, energy prices and house prices, though they said they do not expect a doomsday scenario for the nation’s housing market.

“With rising mortgage rates, home buyers are becoming exhausted financially, which explains why sales have tumbled in high-priced regions of the country,” said Tom Stevens, president of the National Association of Realtors and vice president of real estate brokerage giant NRT Inc., in written testimony.

= = = = = = = = = = = = = = =

There you have it. Finally, just what WE’VE been saying all along…because the media has hyped it up as if everything was going down all over the nation.

What's interesting to note is that they point out much of the trouble comes from the 'exotic' type mortgages. Now in terms of Cape Coral, Florida real estate - where property prices in some neighborhoods can run into the millions, many of the buyers here can typically afford their payments.

But a note of caution if you're about to buy in Cape Coral - based on the comments made above, and it's of my firm belief, if you can get a sensible fixed-rate mortage for your real estate and lock it in, then that's the way to go...even if you do plan on flipping the property in the next two years due to the appreciation and growth within Cape Coral.

Kudo’s to the industry players for acknolwedging the true facts and separating them from the real estate hype. Now, just what do you think the Feds will do next based on this expert real estate testimony?

Let us know your thoughts by replying to this blog right here.

Questions on Cape Coral Florida Real Estate?

2006-09-11T13:40:00.000-07:00

We've started this blog as a communications medium about something we're passionate about. Real estate.

In particular, Cape Coral Florida real estate. Many times over you've seen in these posts the statistical data from US Census showing that Cape Coral is the fastest growing city for populations over 100,000.

What's more, the business community is growing at a clip of 12% per annum (city of Cape Coral website). What a great location, great sun, great real estate values.

And so, I'll take your questions about the area and properties in general. Feel free to reply to this blog right here. Cheers, bw

Virtual Real Estate Boom draws Real Dollars

2006-09-07T17:08:00.000-07:00

Here's an article from Reuters commenting on the draw to "virtual" real estate, and developing raw land. Quite an interesting spin...know local Cape Coral Florida real estate market knowledge here folks.

Just a "unique" article I think people will find outrageous.

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By Michael Learmonth, Reuters

NEW YORK — Rising interest rates have yet to cool white-hot real estate prices. Perhaps that's why the concept of virtual home ownership has captured the imagination of a growing number of online gamers, who are plunking down real cash for their own slice of the digital frontier.

Large swathes of undeveloped online property, some bearing an uncanny resemblance to a palm-studded West Coast beachfront idyll, are selling for up to $550 an acre.

That amount is but a song compared with real world real estate, but these are computerized representations of property — pretty pictures, if you will — in an online graphic role-playing game known as Second Life.

"The idea of land ownership and the ease with which you can own land and do something with it... is intoxicating," said Philip Rosedale, CEO of Second Life creator, San Francisco-based Linden Labs.

Second Life is a relatively new entry into the world of Massively Multiplayer Online games, known to enthusiasts as MMOs. (Some refer to them as MMORPGs, massively multiuser online role-playing games.) Like Sony's EverQuest and Electronic Arts' The Sims Online, players create their own civilizations and interact with others living alternative lives online.

Starting a "second life" costs $9.95 a month and requires a download at the game's Web site and a fairly powerful Mac or Windows-based computer. Current players arrange welcoming parties for newbies and often help point them toward plots available for virtual homesteading.

The Second Life world is a little over a year old, but in its accelerated ecosystem, where players fly and don't waste time eating or going to the bathroom, a commercial society has quickly emerged — complete with stores, artisans, charities and social clubs.

Linden decided to allow the buying and selling of property in the Second Life world in December, ending a land-rush system where players dashed into new land created as Linden added new servers to place their claims.

"That was fun, but people in Second Life are building businesses, selling cars and clothing. It seemed dumb to have how fast you can move determine what land you were able to get," Rosedale said.

It turns out people are motivated to buy virtual real estate for some of the same reasons they buy it in the real world.

"My vision is to buy real estate in Second Life with one or two other investors and make it available to new players as a business," says a Portland-based player known as Merwin Marker.

Like many players, Marker doesn't want too many details of his "first life" to sully the fantasy he's built in Second Life. He allows that he is male, middle-aged, and runs a home-based healthcare recruiting business.

Marker owns an ocean-front spread on which he heads Awakening Avatars, the fourth-most-popular social group in the game.

His two-thirds of an acre property could fetch as much as 10 Linden dollars a square meter, or $106 at today's exchange rate, a bit higher than the average price of about $100 for an acre.

All goods and services in the game can be transacted in either Linden or U.S. dollars. One entrepreneur and Second Life player runs a currency exchange.

Gamers have long laid down hard currency to buy virtual objects. Ebay does a brisk trade in currency and artifacts from the fantasy world, Ultima Online. But the prices paid for Linden property are breaking new ground.

Since the company began allowing the sale of property, growth of the game increased by two-thirds and the company adds between 30 and 40 new computers a month, each creating a new island out of an endless digital sea.

Property is taxed by "The Lindens," as the overseers of Second Life are known, and Rosedale says real estate tax revenue now exceeds subscriptions for the closely held Linden Labs.

The company, which is backed by Lotus founder and high-tech investor Mitchell Kapor, has about 10,000 active players.

Second Lifers are free to think big, and many do, so Linden this spring began offering the ultimate prize for the acquisitive — the private virtual island. The going price: $980 up front and $195 a month to maintain.

Rosedale says six virtual islands are currently on offer, which the company will design to the specifications of any player, or group of players who wish to own one.

"Land ownership feels important and tangible," he says. "It's a real piece of the future."

How "Back to School" Affects Cape Coral Florida Real Estate Values

2006-09-05T16:51:00.000-07:00

It's official - today is the first day back to school for the kids.

So what's so significant about that?

Well if you're a parent, you're probably breathing a big sign of relief!:-)

No more babysitters needed, kids are out the house, and things are
a bit quieter in the neighborhood.

OK, those are all "givens". Everybody knows that. But here's what
back to school means for real estate values around the world.

Because they 'soften' during this time.

What do I mean by that?

Well, for one thing, historically, we're coming into the time of year when
the majority of homebuyers have exited the marketplace. Because
kids are back in school, the parents don't want to just up and move in the
middle of the school year. It's a nightmare for them and their children.

Secondly, the real estate market almost grinds to a halt during mid October
clear through to the first week of January.

Those reasons are plain obvious, because no one is thinking about buying a
new home and making a move soon when they have to deal with Hallowe'en,
ThanksGiving, Hannukah/Christmas, and New Year's.

That's what happens to the marketplace. But what this spells for YOU as
a homebuyer is BETTER DEALS.

For instance, anyone that is selling KNOWS that we're entering the slowest
time of year. Which means less buyers, and they're more apt to offer incentives.

Heck, I'll bet they'll even lower their price much more than they would have if
it was still the summer season. So get out there, and find those undervalued
properties and make yourself some Money (equity).

Now's the time to find MORE LUCRATIVE real estate deals.

P.S. Got an opinion or a question? We'd love to hear from you. Feel free to respond
and share your comments on real estate and/or this blog here.

Florida real estate starting to sizzle again

2006-09-04T12:45:00.000-07:00

As you saw from yesterday's blog post, the Cape Coral Florida real estate market had quite a week last week.

What's interesting to note are the commercial acquisitions that have taken place. There is prime development land in Cape Coral still available for home building, or industrial/commercial complexes.

I'm curious about your views on the marketplace - feel free to respond here with your opinion and share your insights.

1 Week Cape Coral Real Estate Sales hit $45,527,400.00!

2006-09-03T12:07:00.000-07:00

For any doubters in the Cape Coral Florida real estate market,
please take a look at these figures (you can doublecheck this via MLS)

NON RESIDENTIAL:

1631 Del Prado Blvd sold to Coral Pointe Investment LLC $23,141,200.
125 NE Pine Island Rd. sold to Cape Croal 20 LLC $2,550,000.
3670 Del Prado sold to Talan, Corp. $675,000
Ne Pine Island Rd. sold to Pine-Andalusia LLC $369,500.
1106 NE 8th St sold to Edward Short $90,000

RESIDENTIAL:
SE Cape Coral-33904:
$3,130,500.00

N. Cape Coral-33909:
$4,895,500.00

SW Cape Coral-33914
$5,567,600.00

Central Cape Coral-33991
$3,383,900.00

NW Cape Coral-33993
$1,724,200.00

Residential Sales TTL:
$18,701,700.00

Commercial Sales TTL:
$26,825,700.00

TTL= $45,527,400.00

Figure it out the market is still strong...one week and that much in transactions???

Feel free to comment on this blog..

MONEY Magazine Ranks Cape Coral Florida Real Estate Great!

2006-08-31T21:15:00.000-07:00

It's all there in letters and numbers, folks.

The historical data on Cape Coral Florida real estate is all there for everyone to see.

I like that Money Magazine has based their opinions on fact - on the hard data.

It's refreshing that someone in the media has the clout and wherewithal to deal
from a stance of integrity, rather than hype.

Time and again we see the headlines screaming that the housing 'bubble' is about to
burst.

While it's very true for many markets across the States, you certainly can't say that
for Cape Coral real estate...

Take a look and see how Cape Coral compares.

Just copy and paste this link into your web browser

http://money.cnn.com/magazines/moneymag/moneymag_realestate/snapshots/67.html

P.S. I haven't said this much (if at all) but feel free to comment on this blog with your thoughts and insights on Cape Coral Florida real estate...I look forward to hearing from you.

Cape Coral Commercial Real Estate plan approved

2006-08-30T13:40:00.000-07:00

At yesterday's town hall meeting, the vote was passed 5-2 to approve the commercial development partcel at Burnt Store Road and Van Buren Parkway as a Commercial Activity Center.

In the recent three years, we've seen Cape Coral's population grow by nearly 8% bringing it up to over 155,000 full time residents.

That doesn't count the nearly 80,000 additional "snowbirds" who descend on Cape Coral during the winter to vacation here.

Cape Coral, Florida, and the World Goes Back to School!

2006-08-23T14:24:00.000-07:00

And that means great deals on real estate in Cape Coral, Florida for any buyers out there.

Because we are coming into the slowest buying season of the calendar year.

To take advantage of properties that are being listed below market for quick sale, visit http://www.cape-coral-florida-new-homes.com and browse their inventory.

There are some great buys here!

How the US Housing Market Will Affect Cape Coral Florida Real Estate

2006-08-20T07:53:00.000-07:00

Figures released by US Dept of Commerce earlier this year
could spell great news for you if you're a Cape Coral
real estate owner.

Here’s what we find:

1) New US Housing Starts sit @ 1,960,000.

That is down 7.8% from Feb. but up 6.9% from March 2005

2) US Housing Permits sit @ 2,059,000

That is down 5.5% from Feb. but up 1.9% from March 2005

This is great news!!

For one, we still are seeing strong surges in record home
starts and sales for the past six years.

Despite what the doomsday media is putting out on possible
bubbles, and the occassional regional pullback in some parts
of the country, the US Housing market continues to rise
nationwide.

Here is also something of interest - sales in the West have
fallen 15% over the first three months of this year versus
the same time last year.

Cape Coral Florida real estate continues to surge ahead strong.
In fact, many development projects (residential and mixed use)
are breaking ground, and population has risen from 132,000
two years ago, to over 155,000 residents today.

If you haven’t yet, then now is the time to buy some of that
good ‘ol Florida real estate down in Cape Coral.

Why Cape Coral, Florida is a Great Place to Live and/or Invest

2006-08-16T09:21:00.000-07:00

If you'd like to live in a warm climate year round,
surrounded by friendly people, and have access to
world class beaches, golf, boating and sailing, then Cape
Coral Florida real estate is for you.

Cape Coral, Florida is one of the largest cities
in Southwest Florida, but still boasts a small-town
friendliness and laid-back attitude.

The growth of Cape Coral is managed, ensuring high
quality living for all residents.

If you have been looking for a place in the sun,
Cape Coral, Florida real estate is for you.

With beautiful water views, plenty to see and do,
and great neighbors, why wouldn’t you want to live here?

Plus, if you decide to buy Cape Coral, Florida real estate,
you can enjoy the community’s 27 miles of shoreline and
more than 400 miles of water canal..

Investors and house hunters interested in Cape Coral
real estate can also enjoy easy access to a growing
job market, great property value, and great
schools.

If you opt to buy real estate in Cape Coral, Florida
you can also take advantage of the city’s progressive
tax system, the many business advantages of the area,
and the local market.

The decision to buy real estate isn't always easy,
but choosing Cape Coral, Florida has been a snap for
many seeking a vacation-type lifestule and a new
community.

One concern that many would-be residents have is what
seems to be the high cost of housing and real estate
across Florida.

Cape Coral lots and homes still offer an affordable
choice to real estate buyers today.

In fact, although its the fastest growing city in the
US for populations over 100,000, Cape Coral real estate
is looked upon by all buyers as an investment.

With Cape Coral lots that are available, you decide whether
you want to build a primary residence, or a vacation property.

Many investors and home hunters are also attracted to Cape
Coral lots for affordable quality.

Quite simply, buying a lot on saltwater in Cape Coral, Florida
that allows you to access the Gulf of Mexico, offers stunning
ocean views.

The same goes for homes. A handful of well priced, newly
constructed homes are available now offering a great
real estate opportunity for the new homebuyer or real estate
investor.

This makes Cape Coral, Florida a perfect place for an investment,
a relocation, or even a vacation home to visit throughout the year.

To access the best real estate deals in Cape Coral, Florida visit
http://www.Cape-Coral-Florida-New-Homes.com

Cape Coral, Florida: They Laughed When They Heard "Swamp Land" But Now They Sing Its Praises...

2006-08-14T17:53:00.000-07:00

Cape Coral, Florida was built about 40 years ago
by two land speculators who believed that the
property's location on the Gulf Coast provided
abundant sunshine and almost endless opportunities
for waterfront living.

The Rosen brothers purchased the property, platted
the community and created more than 400 miles of canals.

At 114 square miles, Cape Coral is the second largest
city in the state of Florida.

The brothers began a massive marketing campaign
that resulted in the sale of nearly all of the 350,000
residential building sites, the majority to people who
lived in other states.

One of the fastest growing areas in Florida

The City incorporated in August 1970, and its
population continues to grow rapidly.

With 155,000 residents, Cape Coral is one of the
fastest growing areas in Florida.

In fact, its ranked in the top 10 fastest growing
cities in America.

Cape Coral is the 2nd largest city geographically
in the state of Florida and is the 11th largest city
in population.

The city features thousands of waterfront residential
properties on canals, including many with direct,
saltwater access to the Gulf of Mexico and Charlotte
Harbor.

The supply and affordability of these waterfront sites
makes Cape Coral one of the most attractive communities
on the Gulf Coast.

The city is a large peninsula bordered by the Caloosahatchee
River on the east and Matlacha Pass on the west.

It is located between Sarasota and Marco Island.
(copyright City of Cape Coral)

Pre-Construction Builder Tips for Cape Coral, Florida Real Estate

2006-08-09T18:16:00.000-07:00

Pre-construction real estate done right can save you headaches
and money

A top real estate market in southwest Florida is Cape Coral.

With 400 miles of fresh and saltwater canals spanning 115
square miles of land adjacent to the Gulf of Mexico, boomers
and new families in their early 30's are migrating there and
buying real estate in droves.

What’s more, real estate homebuyers are looking into
pre-construction housing opportunities in Cape Coral.

But beware, already a few customers have been forced
into foreclosure by signing a few unfavorable builder's
contracts in Cape Coral.

While there are a handful of good builder's in the area, proper
knowledge and diligence pays off.

Here area few tips to watch out for on builder’s contracts
around Cape Coral, Florida:

1. Have the right to Assign the real estate contract.

Among other things, this is a great asset protection strategy.
Some builders in Cape Coral will let you do this.

2. Guarantee that you will not be held liable for any
additional costs

It's 50/50 with Cape Coral, Florida builders.

You see, pre-construction real estate became popular in the
past few years due to favorable interest rates, but many
homebuyers are suffering.

Why?

Because the cost of labor and materials has gone up.
Builders in Cape Coral who did not fix prices and guarantee
it in their contract, simply re-adjusted their contract
price and pass it on to the customer.

3. Guarantee the house will be built in a specific timeframe.

Before you get involved with Cape Coral builders,
recognize that it takes 30 inspections before a Cape Coral
inspector will provide Certificate of Occupancy on real estate.

At a rate of one inspection every twelve days, then it’s a
minimum of eleven months until your house will be ready.

4. Diligence is key.

You don’t have to travel to Cape Coral and meet with the
builder personally, but before buying real estate, and then
selecting a Cape Coral builder, you may want to place
a phone call to the Better Business Bureau, and the local
Cape Coral Chamber of Commerce to check up on their history.

Pre-construction real estate done right, can save you
the hassle of waiting years for the home to be finished.

Further, it could save you the hassle of the bank calling
your real estate construction loan due within 12 months.

In Cape Coral, demand for real estate remains high in
certain areas. As a result, the demand for building, materials,
and labor is high. Hence, many homes are taking two to three
years to be built.

If you’d like to buy investment real estate in Cape Coral, Florida,
or are moving there and don’t have the time to wait until a home
is built, then check out the following site below.

It offers brand new construction homes offered
for quick sale now throughout Cape Coral, Florida.

Follow the link now at

http://www.Cape-Coral-Florida-New-Homes.com

Cape Coral Florida Neighborhoods Friendly

2006-08-04T15:01:00.000-07:00

'It's about neighbors helping neighbors'
Local founder keeps Night Out tradition

By Rachel Myers
rmyers@news-press.com
Originally posted on August 02, 2006

Not even a bum knee could keep Bernie Brayden from
missing a night out meeting her neighbors — even the
night before her 83rd birthday.

Founder of the first Neighborhood Watch group in Cape Coral,
she was there when the city held its first National Night Out
in the mid-1980s. Still recovering Tuesday from knee surgery,
Brayden wasn't about to miss the event, held each year in
neighborhoods across the country to display solidarity against
crime and drugs.

On the first Tuesday in August, neighbors get out and meet
one another — usually with some type of entertainment — and
keep their porch lights on, which symbolizes lights out on
crime.

"Everyone should know someone in the area," Brayden said.
"If I saw a car go around twice, I would say, 'Can I help you?
OK, because we take care of our own here.' "

It wasn't that crime was rampant when Brayden moved to the
city in 1962, but she wanted to make sure that never happened.

In 1988, when the police department received a plaque for
having the 30th best participation for National Night Out —
out of nearly 10,000 communities — police presented it to her.

"They handed me the plaque and said, 'This belongs to you,'
" she said. "I thought that was a nice gesture."

Although Tuesday was the first year she didn't host her own
event, she arrived to one gathering in style, escorted by
Cape Officer John Tsourkas.

"She's great," Tsourkas said. "There should be more people
like her. If there were, there would be a lot less crime."

He said an officer would be present in each of the four
neighborhoods participating.

The city's current Neighborhood Watch president, Sarah Penna,
said this year's event is dedicated to those serving in the
military. With a $250 donation from Target, she bought light
bulbs to distribute.

"We're united and we are growing in numbers," Penna said.
"It's about neighbors helping neighbors."

Great Housing Alerts - The "Secret" to Predicting Real Estate Markets?

2006-07-27T16:11:00.000-07:00

Since I sent Monday's email directing
everyone to read the website on how it's
possible to almost predict housing markets,
and get great housing alerts,
we have been inundated with letters
of "THANKS".

We've also received multiple calls and
emails from people wanting us - one lady
actually begged us - to "reserve" them
their spot. Sorry folks, like in real
estate, now that the door's open,
it's first come, first serve.

In a word, the last two days have been 'furious'.

If you did not read or receive the email
we sent Monday, then pay close attention.

Because an avalanche of profits awaits you.

You see, until recently, a very small
and elite group of Real Estate investors
had an UNFAIR ADVANTAGE to predict real
estate market trends in the States.

These group has used this info CONSISTENTLY
to make obscene fortunes...

Now, we're blowing the door wide open.

But only a core group of just 1,000 real
estate investors can leverage this
powerful 'Secret', and literally
determine upcoming markets with this
technology to generate CASCADING PROFITS
for themselves, for all time.

Yes, we said that right. For all time.

What's more, once the charter membership
of 1,000 investors is reached, the secret
will come off the market.

So there's just a FEW days left because
we're nearing the quota.

Once we hit 1,000, then that's it!

The web page will be pulled down.

And then, the doors will be closed.

To learn whether this is something you
should use to find out whether your market
is about to "boom", or ready to "bust,
take a few moments and by clicking here now

Jim Gilford

50 Yr Mortgages - Good or Bad for Your Real Estate?

2006-07-23T16:37:00.000-07:00

US based real estate owners are used to 30 year
fixed rate mortgages.

Whereas Canadian real estate owners are lucky
if they lock into a 7 yr fixed rate mortgage.

In the past 8 months, two new mortgage terms
have been unveiled. The 40 yr and 50 yr mortgage.

But will these trigger more foreclosures on real estate?
Likely not.

However, is it wise for real estate buyers to use them?

Consumer Warrior Clark Howard doesn't think so.
Read on for his comments below...

“Foreclosures in Boston are up 30 percent in the past
90 days and have doubled in the past two years, according
to The Boston Globe.

Part of the reason is that people are taking out risky loans.

One of them is the 40-year mortgage, which now accounts
for one in 20 home loans in the country. What’s worse?
There is now a 50-year mortgage out there.

Why are these bad news?

A higher interest rate because the risk is higher and
massive amounts of additional interest in return for a
tiny drop in payment.

The truth of homeownership is cold. If you can’t afford
the payment on a 30-year fixed rate loan, you should buy
less house. Be smart.”

Cape Coral Fl real estate video link

2006-07-18T15:19:00.000-07:00

You've heard plenty about Cape Coral Fl real
estate on this blog.

This is the opportunity for you to see what
Cape Coral Fl real estate truly looks like.

Thanks to the Cape Coral Chamber of Commerce,
they have just released a short video you can
play on your computer that gives you a mini
tour of the city.

Now you'll be able to see the majestic tranquility
of this paradise.

Best of all, Lee County, which Cape Coral is a
part of, was just ranked the #1 County for business
and real estate growth in the entire State!

Point your mouse to the link below. Note, depending
on your internet connection, this video takes
approximately 5 to 45 seconds to load.

http://www.capecoralchamber.com/home.htm

Important Economic Information

2006-07-11T20:18:00.000-07:00

If reading about the overall direction of the economy (and
the cyclical effect it has on real estate) bores you, then
skip this posting.

If not, well...read on....
------------------------

Adrian Van Eck's Hotline on Money and the Economy
For: Friday, July 7, 2006
VanEckTillman.com.

A KEY FEDERAL RESERVE GOVERNOR SAID THIS WEEK THAT THE
FED IS AWARE OF THE RISK OF THEIR OVERDOING IT WHEN IT
COMES TO THE FED FUNDS RATE.

THIS SHOWS A LEVEL OF AWARENESS SINCE DR. BEN BERNANKE
TOOK OVER AS FED CHAIRMAN FAR GREATER THAN EXISTED DURING
THE FIVE TERMS OF CHAIRMAN ALAN GREENSPAN.

HE ROUTINELY OVERSTAYED WITH A STRING OF RATE HIKES, LARGELY
BECAUSE HE SEEMED TO BE PERSONALLY OBLIVIOUS TO TIMELY CLUES
THAT THE ECONOMY HAD ALREADY BEGUN REACTING TO PREVIOUS RATE
BOOSTS.

THAT IS WHY HE GAVE US TWO OF THE WORST RECESSIONS SINCE
WORLD WAR II, AND WHY HE WAS FORCED TO QUICKLY REVERSE COURSE
AND PUMP MASSIVE QUANTITIES OF MONEY INTO THE U.S. ECONOMY,
LEADING TO BURSTS OF INFLATION.

HIS POOR SKILLS IN READING THE ECONOMY WERE DIRECTLY LINKED
TO THE VIOLENT UP AND DOWN SWINGS IN THE ECONOMY, AS OPPOSED
TO THE FED'S MANDATE TO SMOOTH OUT SUCH SWINGS.

BERNANKE, ON THE OTHER HAND, IS AWARE OF HOW EASILY POOR MONEY
MANAGEMENT AT THE FED DROPPED AMERICA INTO TWO DESTRUCTIVE
DEPRESSIONS - THE FORGOTTEN BRIEF ONE AFTER WORLD WAR I AND
THE MUCH BIGGER ONE THAT LASTED ALL THROUGH THE 1930'S.

HE SLOWED MONEY GROWTH AFTER HE TOOK OFFICE TO KNOCK DOWN
SPECULATIVE MADNESS IN HOUSING, BUT HAS SINCE RESUMED THE
KIND OF MONEY EXPANSION NECESSARY TO FUND STRONG GROWTH IN
THE U.S. ECONOMY.

THIS WEEK THEY ANNOUNCED ANOTHER $10 BILLON GAIN IN M2 MONEY
SUPPLY, PUSHING THE TWO-WEEK GAIN ABOVE $30 BILLION.

THAT MEANS MONEY GROWTH IS AGAIN RUNNING AT A RATE APPROACHING
ONE TRILLION DOLLARS A YEAR.

WALL STREET CHOOSES TO IGNORE THIS FACT, WHICH STRONGLY POINTS
TO A POWERFUL NEW GROWTH TREND IN THE SECOND HALF OF THIS ELECTION YEAR.

Instead, a handful of loud-mouth gloom and doomers makes an
effort each morning to scare the markets into a bearish decline.

That happened again Friday morning. Their excuse was that wages
had gone up 3.9% in the past year.

They jumped to the erroneous conclusion that this would force
the Fed to raise the federal funds rate another quarter point
at the August meeting of the Open Market Committee.

Lost in the swirl of selling and short-selling that followed
were the announcements by the government that worker productivity
had been rising at one of the fastest rates in history and that
the Fed itself feels this productivity gain offsets the raises.

I am sorry that the market's obsession with the pay raises has
clouded its collective mind and kept it from studying the actual
payroll data issued Friday morning.

The count of new jobs (a mild 121,000) was well below the
predictions of up to 350,000 that drove the market down earlier
in the week.

Economists looking at the payroll data projected a GDP growth
rate of 3.0% for the third quarter.

Three percent is exactly the growth rate called for by two
Federal laws, starting with the post-World War II Full Employment Act,
which demanded that the Fed avoid America falling back into a Depression,
such as had existed prior to the war.

For my part, I fully expect GDP growth to surprise on the upside
as we move toward the November elections and very likely the year
after that.

There are a number of crosscurrents that have shown up in the
past few days.

Take, for example, the 18,000 recent new hires in American
manufacturing. This number came as a surprise to Wall Street.

That is because they are completely hung up on numbers reported
by the Institute of Supply Management.

Once upon a time their data was reliable.

But then their big business members - which is where most of
the data comes from - began moving production and orders overseas.

As they have done so, we tend to see the ISM reporting lower
order backlogs for manufacturing and slower current manufacturing
growth.

Increasingly their numbers are out of line with the data reported
by the Federal Government. That is because the U.S. Bureau of Labor
Statistics deals only with American factories.

You have seen, I am sure, that retail sales have been cooling in
America. Wal-Mart has dropped from its previous sales growth
range up near 5% a year to a number just above 1%.

They are blaming it on the price of gasoline, which allegedly
is keeping many of its customers from driving to a Wal-Mart store.

But I think there is something else going on here.

People have begun thinking more about paying down bills, charge
cards and loans and getting their personal finances in better order.

This is partly due to all of the Wall Street hype about how sales
and hiring will be cooling and more people will be jobless.

THE IRONY IS THAT WAL-MART AND MANY OTHER RETAILERS IMPORT MUCH
OF THEIR PRODUCT SELECTION FROM CHINA.

SO IT IS CHINESE-BASED FACTORIES, INCLUDING THOSE OWNED IN
PART OR TOTAL BY AMERICAN BIG BUSINESS, THAT ARE SUFFERING
LOSSES IN REVENUES.

MEANWHILE, INVESTMENT IN NEW FACTORIES IN AMERICA HAS BEEN
CLIMBING AT A BLISTERING PACE. SOME OF THIS CAN BE ATTRIBUTED
TO JAPANESE FIRMS THAT ARE SETTING UP FACTORIES HERE TO SERVICE
NOT ONLY AMERICA BUT ALSO OTHER NATIONS.

AS THE U.S. DOLLAR RESUMES ITS BEAR CYCLE DECLINE, SOMETHING
URGED BY MANY INDUSTRIAL NATIONS, MADE-IN-USA PRODUCTS ARE GETTING
CHEAPER AROUND THE WORLD.

THAT HELPS EXPLAIN THE 18,000 NEW JOBS CREATED IN AMERICAN
MANUFACTURING THIS PAST MONTH.

And by the way this is causing demand for American-made machinery
to surge. All this points, I believe, to a not-anticipated new
American boom that will shock the world and catch investors
by surprise. More next week.

Adrian Van Eck.

2006 US Census: Cape Coral Florida real estate - 5th Fastest City in Growth

2006-07-09T16:07:00.000-07:00

No, there's no Starbucks here. And you won't find
a regional mall or any big name bookstores either.

But according to the latest U.S. Census Bureau News report
issued on June 21, 2006, Cape Coral Florida remains the
fifth-fastest growing city in the country!

Owners of Cape Coral Florida real estate are rejoicing.

Why?

Because Cape Coral Florida real estate values are poised
to continue it’s double digit growth.

The Census report, released on June 21, 2006, said the
city grew at 9.2 percent from July 1, 2004, to July 1, 2005,
reaching a total population of 140,000. Almost a year later,
154,000 people live here, based on city estimates.

Cape Coral also was No. 5 on the census growth chart in 2003-2004.

Florida had three cities among the 10 fastest growing
in the nation: Port St. Lucie (third), Cape Coral (fifth)
and Miramar (eighth).

For buyers wanting a waterfront lifestyle, Cape Coral
real estate offers miles of canals to the Gulf of Mexico,
and is in great demand.

Bordered on the east by the Caloosahatchee River and on
the west by the Gulf of Mexico, Cape Coral Florida
real estate provides thousands of waterfront property
opportunities with access to the Gulf.

Founded in 1970, Cape Coral Florida’s year round temperature
averages 76 degrees. Cape Coral can very well be known as
the "new Naples".

The second largest city in the state spanning 115 square miles,
Cape Coral has been coined the “Venice of the West”
as it hosts 400 miles of canals.

Real estate buyers can take advantage of the unique
Cape Coral Florida real estate opportunity by locking in at
yesterday's prices. Says one local Realtor, “Instead of
saying, 'I can't afford it,' why not ask yourself 'How
can I afford it?'"

Cape Coral Florida real estate provides abundant lifestyle
opportunities to raise a family, start a business, or
get a job with one of the new companies that have also
recently relocated to the area.

Cape Coral Florida is also a wonderful place to retire
with some of the best golfing and boating to be found anywhere.

Considering all that Cape Coral has to offer, it's no
surprise that the Cape Coral real estate market is healthy.

Whether it is the boating, fishing, golfing, restaurants,
or great weather Cape Coral Florida real estate offers,
this beautiful city does not seem to disappoint.

Click on http://www.Cape-Coral-Florida-New-Homes.com now
for the best property deals throughout Cape Coral, Florida.

Cape Coral Florida Real Estate a Waterfront Heaven For Homebuyers

2006-07-07T07:39:00.000-07:00

For buyers wanting a waterfront lifestyle, Cape Coral
real estate offers miles of canals to the Gulf of Mexico
and is in great demand.

Bordered on the east by the Caloosahatchee River and on
the west by the Gulf of Mexico, Cape Coral Florida real
estate has provided for thousands of waterfront property
opportunities to buy new construction homes, many with
access to the Gulf

Founded in 1970, Cape Coral continues to be one of the fastest
growing cities in Florida.

As the second largest city in the state, it hosts thousands
of waterfront homes on over 400 miles of canals.

Act now and take advantage of this real estate opportunity
at yesterday's prices. Instead of saying, 'I can't afford it,'
why not ask yourself 'How can I afford it?'"

Real estate in Cape Coral Florida provides an excellent
opportunity to buy a home to raise a family, start a business
or get a job with one of the new companies that have also recently
relocated to the area. Cape Coral Florida is also a wonderful place
to retire with some of the best golfing and boating to be found anywhere.

Considering all that Cape Coral has to offer, it's no surprise
that the Cape Coral real estate market is healthy.

Whether it is the boating, fishing, golfing, restaurants,
or great weather Cape Coral does not disappoint.

Visit http://www.Cape-Coral-Florida-New-Homes.com now to search
the best property deals on the market.

How Will Cape Coral Real Estate react to a 1/4 Point Hike?

2006-06-30T13:03:00.000-07:00

Perhaps it's too soon to see the effect a quarter point rate hike will have upon consumer spending and real estate purchases in Southwest Florida and Cape Coral.

Yet it doesn't take a rocket scientist to figure out that as interest rates rise, it turns some buyers into renters.

Fortunately, the hike likely won't affect real estate buyers in the $250,000+ category.

Yet, it's worthwhile to note that those who had intended to buy 6 months ago and are hanging on the fence to enter the market, are now starting to pay the price for that indecisiveness. Banks and mortgage companies alike will pass on the increasing cost to their buyers.

Like this article?

Feel free to forward it to friends, link
back to our blog, and even a share a comment!

How the Feds New Rate may Affect Cape Coral Real Estate

2006-06-29T06:07:00.000-07:00

Later today the Federal Reserve will unveil its new rate.

How will this affect housing in SouthWest Florida and Cape
Coral real estate values?

It could go either way.

For instance, on Tuesday this week, the Florida Association of Realtors reported that
"Resales of homes in most Florida markets continued to slow in May, though
prices posted Double-Digit annual gains once more in many metro areas and
statewide." the Florida Association of Realtors reported Tuesday.

Nationally, home resales dipped for the third time in five months, with most of
the weakness in the Northeast, the National Association of Realtors said in a
separate report.

Although no one has a crystal ball, a small rate hike by the Feds would obviously
force out many low-end homebuyers looking to purchase anything in the $245,000
range and below.

But the opposite may be true for those mid to higher end buyers that have been
on the fence, waiting to see what the Fed will do.

If the rates rise, these buyers may swarm and purchase to lock in today's rate
before they continue to climb. We've already seen a 2 point rise in the past
12 months...who knows if that will stop or climb?

What's more, the fact is that we still have the lowest interest rates we've seen
since the 1960's. Remember what they were in the '80's?

Relative to the past 40 yrs, the rate is still advantageous. In just a few hours,
we'll see what the Feds do. Bottom line, regardless of what they choose, the law
of supply and demand is on our side in this market.

Best off all Florida real estate, Cape Coral, and SouthWest Florida continues to benefit
from consistent in-migration, and real estate values continue their annual
double digit growth.

Cape Coral Florida Headlines

2006-06-27T08:49:00.000-07:00

3 Facts:

1) Cape Coral Florida real estate encompassed across 115 sq miles with 400 miles of canals

2) Cape Coral Florida has the second lowest crime rate in Florida

3) Cape Coral is ranked as the 5th fastest growing city in America

BONUS FACT: It's 87 F outside today...blue sky and sunshine:-)

US Census: Cape Coral Florida 5th Fastest in Growth

2006-06-23T07:53:00.000-07:00

No, there's no Starbucks here. And you won't find a regional mall or any big name bookstores either.

But according to the lastest U.S. Census, Cape Coral remains the fifth-fastest growing city in the country!

This spells great news for owners of Cape Coral Florida real estate.

The report, released Tuesday, said the city grew at 9.2 percent from July 1, 2004, to July 1, 2005, reaching a total population of 140,000. Almost a year later, 154,000 people live here, based on city estimates. Cape also was No. 5 on the census growth chart in 2003-2004.

Why US real estate is Poised for Explosive Growth

2006-06-22T07:12:00.000-07:00

This is a lengthy read, but well worth it.

To summarize:

The article I’ve pasted from “Growth Report” again substantiates the actual facts that we’ve mentioned which have:
a) driven US real estate in the past 3 yrs to record home sales, starts, and prices;
b) the reasons why we’ve seen a short correction and temporary cooling in previously hot sectors; and
c) why US - particularly Florida real estate - is poised for continued phenomenal long term growth.

Remember, we focus on Fact…not hype…and the Law of Supply & Demand is what drives this industry, property values, and the equitable profit we achieve. Satisfy your curiosity and read this important knowledge now.

It could just help you select the next market you’ll retire to, or invest in...Cape Coral, Florida real estate anyone?

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By Nancy Zambell, Staff Writer, Big Idea Investor

In the past three years, the U.S. has experienced a housing boom that has not been seen since the aftermath of World War II when soldiers returning home fell head-over-heels in love with home ownership.

From coast-to-coast, home prices escalated beyond imagination, easily tripling in some markets like Washington D.C., South Florida, California and Phoenix. There were multiple reasons for the "perfect storm" of real estate appreciation.
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First, real estate became a safe haven from the tumultuous stock market that came after the tech boom and bust of the last decade.

Second, low interest rates, which bottomed at 1% in June 2003, gave rise to free flowing mortgage money and the ability to buy and build much larger homes for the same monthly payment of yesterday.

Third, the 78 million-strong baby boomers population, many with overflowing coffers from their big salaries and prior good fortunes in the stock market, traded up to 5,000+ square feet McMansions that would have housed three generations in our grandparents' time - pushing up housing prices across the industry. The last American Housing survey, in 2003, found that nearly 3.2 million homes in the U.S. were 4,000 square feet or more - up 11% since 2001. And fourth, the rush to buy second homes and speculative investment properties and vacation homes for baby boomers created bidding wars in major cities and desirable vacation hot spots alike.

And not only did housing prices go to the moon, so did the stocks of the home builders and related sectors - to the tune of more than 30%, on average. Early investors were indeed very happy!

But beginning in the autumn of 2005, the bloom came off that rose.

The rise in interest rates first caused prospective homeowners to scale down, since larger houses became out of reach. Coupled with the reduced liquidity from the lackluster stock market of the last couple of years and the slower economy, the housing market has been slowly putting on the brakes.

Housing sales started softening, even in the "hot" markets with days on market, a measure of the number of days a house or condo is on the market before being sold, in places like South Florida lengthening from mere days or weeks to 3-4 months, and growing by five times in some markets.

My best friend decided to sell her Palm Beach County, Florida home last November; unfortunately at just the wrong time. As soon as she listed, eight other homes in her neighborhood went up for sale. Then, prices began to fall, a theme that is being played out in most of the regions across the country that saw the highest appreciation.

In the first four months of this year, according to the National Association of Home Builders and the National Association of Realtors, the volume of newly built homes sold fell 11.2%, while sales of existing houses fell 5.7%. The home builders expect housing starts to fall 13% this year, with new home sales forecast to drop about 9%. The result of this lessened demand is a drag on prices and ultimately, lower earnings for the home builders. Already we are seeing companies and analysts reducing earnings forecasts. So it's no surprise that the shares of the home builders have taken a beating lately.

But all is not lost.

While the age of the McMansions may be faltering, there is light at the end of the tunnel for more reasonably-sized and -priced homes.

After all, people still need a place to live.

Mid-market housing is continuing to thrive.

Many baby boomers have decided that taking care of a palace is not that much fun - or cheap! A large contingent is setting its eyes on retirement, and spending their golden years married to an oversized home is just not on these folks' agendas.

Not to mention the double-headed negatives of rising energy (12% boosts in electricity and 43% in natural gas heating costs, in the last 3 years) as well as increasing mortgage costs.

The change is upon us.

The inventory for $1 million-plus homes is averaging 13 months in several regions, more than twice the overall days on market. In Dallas, Texas, sales of 4+ bedrooms homes in the first quarter of this year fell by 31%,
yet sales of smaller houses rose 23%, a positive barometer for future gains in this market.

After all, the next generation coming up after the boomers is just about the same size, and they will all need a place to live, albeit a more modest one than their parents'.

Perhaps that is why the big funds, the insiders and the short sellers are not bailing out of this segment.

In fact, several privately-held home builders have recently been acquired, and at premium valuations. And as you can see from the table below, the change in insider and institutional holdings at the largest of the publicly-traded companies is fairly negligible, and in some cases has actually increased.

Likewise, the shorts have not been betting against the industry to any large extent.

But the result of the media slams and adverse Wall Street reports, which caused the retail investors to jump out, is perhaps, a good contra-indicator for savvy investors.

Just look at the price-earnings ratios of the builders below. When was the last time you saw P/E's in the 4-5 range?

We are rapidly concluding that many of these builders have been or are close to being oversold, and several even look attractive at these valuations.

Industry Toll Bros. (TOL) Centex
(CTX) Beazer
(BZH) DR Horton
(DHI) Pulte
(PHM) Hovnanian
(HOV) Lennar
(LEN) KB Homes
P/E 14.3 5.3 5.4 4.7 4.9 5.0 4.1 5.2 4.3
P/E Hi 5 yrs. 22.7 17.5 n/a 22.8 11.8 n/a
13.7 11.7 12.2
P/E Lo 5 yrs. 7.2 5.6 n/a 4.9 5.3 n/a 4.5 5.6 5.1
LTD/E .87 .72 1.21 .87 .82 .55 1.18 .56 0.0
Chg. In insider holdings 6 mos. n/a (.3%) (16.7%) (17.5%) 0.0% 0.0% (.9%) (1.1%) (1.9%)
Chg. In institutional holdings 6 mos. n/a 2.4% (2.0%) (9.8%) .5% 4.5% 11.2% (4.4%) .6%
Chg. In short interest 3 mos. n/a (7.3%) (10.5%) (14.3%) (2.2%) 36.9% 10.1% (.24%) 5.6%

While we are not yet recommending any of the builders, we will be watching them in the coming weeks and month, especially those with growing institutional interest. We are not expecting a return to the tremendous run-ups their shares saw in the last couple of years, but we also think there may be room to bottom-feed very soon, picking up some shares at very attractive prices. Stay tuned for more.

US Dept of Commerce Real Estate Data

2006-06-21T09:51:00.000-07:00

The US Dept of Commerce released it's quarterly Housing report yesterday.

This spelled good news for current real estate owners and investors in

Cape Coral, Florida and abroad.

Why?

Because housing starts are up 5% to 1,957,000 units!

Florida real estate & National - a Strong Housing Outlook

2006-06-15T10:02:00.000-07:00

The following is an interesting article by Van Eck-Tillman Advisories, Inc.

As real estate owners, we focus on fact and not hype...(FYI Adrian Van Eck has not been wrong in 32 years)

GET READY FOR THE ALL-CLEAR SIGNAL IN HOUSING FROM ADRIAN VAN ECK!
He says most investors are real estate investors without thinking about it, because they own one or more homes.

When they do think about their holdings they have reason to be concerned. An army of self-anointed “experts” on financial TV broadcast stations now stare out at them and warn them that a horrible once-in-every-generation collapse in real estate and banking is rushing toward us, driven they claim by high interest rates.

Actually, mortgage rates are in a region where many housing booms traditionally begin. And this may come as a surprise to you, but A NEW BOOM IN HOUSING AND REAL ESTATE IS PRECISELY WHAT ADRIAN SEES COMING.

And before you protest that this is not what the men and women in the financial media are telling you, think on this fact: Adrian Van Eck has a personal history in this field going back more than 40 years. E

ight of those years were filled with meaningful contact with real estate developers, builders, Realtors and mortgage lenders. And the last 32 years have seen him develop a reputation as an editor - without equal for forecasting the future in both banking and real estate. This solid record of seeing ahead grows out of his incredible insight into the actions and intentions of The Federal Reserve System.
Read on
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Adrian Van Eck's Mortgage and Property HotlineFor: Thursday, June 1, 2006 THE NEWEST DATA FROM REALTORS - AN 11.7% DECLINE IN PENDING HOME SALES - IS CONSISTENT WITH MY VIEW THAT THE HOUSING MARKET IS STILL REACTING TO AN ENORMOUS NEGATIVE HYPE IN THE MEDIA.

I THINK MANY BUYERS HAVE MOVED TO THE SIDELINES WAITING FOR A COLLAPSE IN PRICES - A COLLAPSE THAT SIMPLY IS NOT IN THE CARDS.

A LOT OF THESE PEOPLE ARE GOING TO BE CAUGHT BY SURPRISE WHEN THEY DISCOVER THAT THE HOUSING TRAIN IS STILL IN MOTION AND WHEN THEY RUN TO JUMP ABOARD THEY WILL HAVE TO PAY MORE THAN TODAY'S PRICES! EVERYONE I TALK TO TELLS ME THAT “THEY HAVE HEARD” HOME PRICES ARE COMING DOWN SHARPLY RIGHT NOW.

WELL, THERE HAVE BEEN SOME CORRECTIONS IN A FEW OVERPRICED MARKETS, NOTABLY THE SAN FRANCISCO AREA. BUT FOR THE MOST PART, THE SO-CALLED PRICE DECLINES BEING RUMORED IN COCKTAIL PARTY AND BACKYARD COOKOUT GOSSIP AROUND THE NATION ARE NOT BACKED BY STATISTICS READILY AVAILABLE.

I am convinced that what is behind the gossip is the fact that many would-be sellers had posted their homes at greatly inflated prices earlier in the year. They had heard of prices going up at a 10% to 20% annual rate in a few isolated overheated areas around the nation and had convinced themselves that their house was worth maybe 20% above what they had been quoted by a Realtor. After their homes sat on the market for months, neglected by homebuyers, they have agreed to mark their price down to market levels.

That accounts for some ads in the newspapers with small headlines announcing “reduced 20%”. But a reduction in asking price does not constitute a true cut in home prices - even though that is the way many people mistakenly look at it. THE LATEST COMMERCE DEPARTMENT DATA SHOWS THE MEDIAN PRICE OF A NEW HOME ROSE TO $238,500.

THAT WAS A GAIN OF 2.8% FROM MARCH AND AN INCREASE OF 0.9% FROM A YEAR EARLIER. That sounds to me like a bull’s eye for the Federal Reserve. Fed Chairman Dr. Ben Bernanke is under increasingly vicious assault on Wall Street for “not being another Alan Greenspan.”

(THE BOND-MARKET-DRIVEN SPOKESMEN ON WALL STREET WANT HOME PRICES TO COLLAPSE, KNOCKING DOWN INTEREST RATES AND PUSHING UP BOND PRICES. GREENSPAN GAVE THEM THIS SWEET MOMENT TWICE AND THEY WANT IT AGAIN.) But Dr. Bernanke told Congress just days ago that he and the Fed watch housing closely and are satisfied that it is in the process of forming a soft landing. (That is the Fed's goal, he said.)

A 0.9% increase in median New Home Prices is a soft landing from the ridiculous levels of price hikes during the two previous years.

From time to time I mention that the historic upward trend for home prices runs consistently at 5% per year. This average has persisted for decades, through war, peace, booms and recessions. It does not mean that prices follow the trend in lockstep. Sometimes they go above trend and have to come back down to the line. Other times they fall below trend and have to race to catch up.

(That is what happened early in this decade.) Some observers then decide that housing will continue to go up in price at such an accelerated rate. Others look at the situation with short-term blinders on and proclaim a bubble has formed and it must be popped, with home prices falling sharply. Both groups are wrong.

This is just a normal herky-jerky movement of home prices. They are driven in the end by the availability of money and the rising income levels of buyers. I told you a while ago that England was running ahead of us in its housing cycle. They had a period of shocking price gains, followed by a slowdown in buying activity. Recently, sales and prices turned up again, with the most-recent home price report up 4.9% in one year.

Here is the way Stanley Read of Business Week writes about what he calls a new English real estate boomlet: “Americans who lie awake at night worrying that the prices of their homes will fall off a wall like Humpty Dumpty can take comfort in the experience of Londoners. After house prices in the British capital racked up double-digit gains seven years in a row through 2003, forecasters predicted a nasty snapback.

So far it has not happened.” “In fact, there are signs prices are beginning to resume their upward climb. Sure, last year London's real estate market saw a sharp slowdown. Buyers, no doubt influenced by all the talk of a crash, kept their powder dry.

But that only caused demand to build up, and now the spark is back. First quarter sales grew 41% from a year ago. Instead of seeing houses languishing on the market, real estate sales agents say they can't find enough houses to sell.” (End quote). THE BANK OF ENGLAND TOOK STEPS TO STOP THE HOUSING DECLINE AND TURN SALES BACK UP. THE FEDERAL RESERVE WILL DO THE SAME HERE IF IT SHOULD BE NECESSARY. More next week. Adrian Van Eck. Next hotline updated no later than 3:00 P.M. Eastern on Thursday, June 8, 2006

Cape Coral Real Estate in the NorthWest - a Bad Impact?

2006-06-12T15:17:00.000-07:00

An interesting article today with a school proposal - in our opinion, if the vote is passed, it would negatively affect values in the area. Thankfully there are years left until anything comes to fruition, but if you have property there now or are looking in the NorthWest end, you must read this article....
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Land-use change would accommodate ALC WestSchool for troubled students may relocate in northeast Cape

By Jason Wermersjwermers@news-press.comOriginally posted on June 11, 2006

A school that serves as a last chance for troubled middle and high school students may be headed for northeast Cape Coral in the next couple of years.

Cape Coral City Council unanimously approved a change last week in the land-use plan for 1426 Del Prado Blvd. N. that would allow the Lee County School District to move Alternative Learning Center West into a permanent building there. The school is currently in portables near North Fort Myers Academy for the Arts.

Councilman Tim Day, whose district includes the proposed site of ALC West, said he welcomes the school.

"I think these kids are in a critical situation in their lives, where they are in danger of being thrown out of the regular public school system," he said. "It's another opportunity for them before they get expelled. We have many kids from the city of Cape Coral in that gray area."
ALC West serves students in the school district's West Zone, which includes Cape Coral and part of North Fort Myers.

The proposal next goes to the Florida Department of Community Affairs, which will review the change and offer comments on how well it conforms with the city's comprehensive land-use plan.

The district also needs to justify to the state Department of Education the need for the school to have a permanent facility to the state Department of Education. The district has another Alternative Learning Center, called ALC Central, in Fort Myers.

The council would then have to grant final approval before the school can be built.

When the school year ended May 25, ALC West had 102 middle school students and 82 high school students for a total of 184. This was the first year ALC West existed.

City Councilman Jim Jeffers said he would like to have some questions answered before ALC West receives final approval. He felt his questions were not adequately answered at Monday's council meeting.

"I don't necessarily have a problem with schools being located coterminously or within a residential neighborhood," he said. "But with an alternative learning center, I would need some questions answered about its security issues and what kind of (academic) programming is intended to be placed in there."

ALC West Principal Derrick Donnell said his students continue the same academic plan they had when they were in regular school. Students stay between 45 days and a year, depending on the length of their suspension from their home school.

"Our goal is that after their stay here, they will be able to pick up where they left off," he said.
Donnell added that his school's environment is more strict than that of a traditional public school because of its small size. For the approximately 200 students who are there at any given time, the school has three security guards and a full-time sheriff's deputy.

"That would be on the short end of a high school, but on the large end of an elementary school," he said.

For anyone who might be worried that these students pose a risk to the nearby neighborhood, Day pointed out that many already live in the city.

"They live in the Cape right now," Day said. "People shouldn't worry any more about them being there than them being in your neighborhood. It's not a prison. They learn study skills and much better work habits in terms of getting schoolwork done, and they get discipline — a heavy dose."

Rolando Oramas, who lives on Northeast 15th Avenue, just behind where the school would go, said he does not have a problem with it.

"It's a good idea," said Oramas, 60, who has lived in the neighborhood for nearly a year. "They've got to have someplace to learn."

Donnell said it is unfortunate that students coming to ALC West get a stigma attached to them.
"People think, 'Oh, they're the bad kids,'" Donnell said. "That couldn't be further from the truth. They just made bad choices. This is their opportunity, a last-chance facility, to get back to regular school."

Pretty Vegas - Ugly Real Estate Market

2006-06-06T12:39:00.000-07:00

This is the 3rd time I've been to Las Vegas in 8 months.

I love the vibe this city throws off! I don't gamble, I'm not a heavy drinker, and I'm happily married and don't 'play around' so those aren't the things that attract me here....

What does attract me are the phenomenal sites, shows, and energy this entertainment city has.

But in terms of real estate, Las Vegas is an ugly market. Many speculators have suffered and there's been some depreciation.

Homes last on the market for nine to twelve months. It's an ugly time and there's no sign of the real estate market here turning around anytime soon.

Thankfully Florida real estate and Cape Coral continue to flourish! But Cape Coral real estate doesn't hide behind a pretend mask of sights and sounds.

It's beautiful Florida property set out in one of the best cities to live in throughout the United States!

Browse our site and find great buys right now, and email or call us with any questions you may have.

Make it an excellent day.

Florida Real Estate & Cape Coral Getting Hotter

2006-06-05T13:55:00.000-07:00

That's right, the temperature is rising down South.

Interest rates are slowly creeping up and keeping pace with the mercury in Cape Coral, migration into Florida remains strong, and Cape Coral real estate continues to offer excellent opportunities for buyers and re-locators alike.

US New Housing Sales UP 4.9%!

2006-05-28T10:48:00.000-07:00

This month the US Dept of Commerce released data that shocked all of the housing analysts.

New US Housing sales were up 4.9%.

Granted many naysayers out there have been publishing data in the press that there is a "cooling" of the real estate market, but the reality is that as population climbs, demand on real estate is increased.

Cape Coral real estate offers an attractive investment and new homebuying opportunity.

Cape Coral real estate market

2006-05-08T17:56:00.000-07:00

Note: this is an interesting story pulled from The News-Press yesterday. Bottom line, if you're looking to buy a pre-construction home, it will take more than two years (minimum) until it receives a COO. Think about buying new construction Florida real estate today before prices rise again...read on...
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Frank D'alessandro: Market Watch
Builders Affect Market
Originally published on May 07, 2006

Trends in the construction industry have a profound impact on the real estate market. Demand fueled by the Southwest Florida housing boom and Gulf shore storm damage are resulting in ongoing shortages and soaring costs for builders.

The threat of another busy hurricane season looms on the horizon, and with that may come more shortages. Residential and commercial contractors are competing for scarce building materials and skilled labor.

"There is still a shortage of construction materials," said Michael Reitmann, executive vice president of the Lee Building Industry Association.

"The shortages are basically for cement, roofing material, and anything petroleum-based. In certain areas there are problems getting drywall and steel."

"New delivery times for drywall have been extended quite a bit," said Gary Aubuchon, president of Aubuchon Homes Inc., a custom homebuilder. As the scarcity of building materials becomes more prevalent, subcontractors who order supplies such as drywall may find themselves more limited by allocations. For example, the distributor will only sell, or allocate, a certain number of drywall sheets per month to a customer. "You could have a job just sitting there, waiting for the drywall," Aubuchon said.

"There are major shortages and I think it's going to continue," Reitmann said. "You also have to look at the global picture and the rebuilding of the Gulf Coast of New Orleans and Mississippi."
And with the short supply, prices have risen sharply. "We were hoping to see a leveling off, but the costs of labor and materials have continued to rise," Aubuchon said. "Also look at what gas prices are doing. That affects the whole distribution chain."

The situation may continue to worsen unless supply levels increase. "In the long term, there may be more plants to manufacture drywall and roofing tiles, but that takes years," Aubuchon said. "In the short term, the best we can hope for is that we come through the hurricane season unscathed."

According to Reitmann, there was a downturn of 12 percent on building starts compared to a year ago, and the supply of skilled labor is still continually an issue. His association is working with schools for long-term planning, such as technical institutes that are going to focus on construction skills and training.

For more insight on construction trends, Aubuchon will be appearing on the "Market Watch" TV program this week, airing at 7 p.m. Tuesday and at 8 p.m. Thursday on Comcast 35 and at 5 p.m. next Sunday on Time Warner and Comcast Channel 8.
— Frank D'Alessandro is a real estate broker with D'Alessandro & Woodyard Inc., Commercial Realtors.

US Housing Market Heats Up

2006-04-28T14:15:00.000-07:00

The US Dept of Commerce released its monthly nationwide market report this week.

What it found was extremely fascinating and furthermore supporting the fact that real estate is in demand.

In fact, to quote the report directly "US Home Sales Were Highest In March 2006". This is a great indicator that homebuyers have shaken off their winter blues, and with the great March weather, gotten out and started house hunting.

Florida real estate owners and investors alike are seeing this throughout the state. Throughout Cape Coral, there is a buzz in the air once again much like we felt last year which led to a very nice increase in real estate values across the city.

It was once said that you don't wait to buy real estate, you buy real estate and wait. Nothing can be more true than that with Cape Coral real estate.

A week ago we said we'd update you on development projects taking place throughout Cape Coral, but have yet to publish anything. We don't mean to mislead you, but are doing fact finding to verify everything that has been published is what it says it is.

Once we know, you'll know. But bottom line the gist is that Cape Coral real estate offers a superb place to reside full time, or even purchase a new property for vacation rental.

Get $200,000 UNSECURED to buy Cape Coral real estate!

2006-04-26T17:42:00.000-07:00

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An inquiry made by a lender in order toevaluate your loan or credit application maylower your credit rating, however.

Credit Myth #2: You have one credit score. This isanother myth that can be confusing for consumers.There are many types of credit scores--includingthose developed by the each of the three majorcredit reporting companies. These scores canvary, because sometimes the information in yourcredit history varies from one company toanother. So it is wise to check your scores firstbefore applying for a loan. The FICO® creditscore developed by Fair Isaac Corporation is thecredit score used most by lenders.

It is unique to each individual and takes into account such factors as the length of your credit history,your debt-to-credit ratio and payment history.

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$211 Million Cape Coral Real Estate Plan OK'd

2006-04-21T16:10:00.000-07:00

By Pete Skibapskiba@news-press.com

A $211 million project planned for Cape Coral's emerging downtown of the future got a boost Tuesday night.

Members of the Cape Coral Community Redevelopment Agency voted 6-0 to accept a proposal from developer Robbie Lee for a 3.9-acre multi-building community development.

The Village Square concept looked "awesome," said board member Gary Aubuchon.

The plans call for 156 condominiums and 330,000 square feet of retail stores, offices and restaurants in buildings ranging from four to 16 stories high. The height limits in that area of the redevelopment area are set at 12 stories.

Because the development is at the concept stage, negotiations between officials and the developer about heights and other possible issues such as parking will continue.

The developer, engineers architects and redevelopment agency staff now plan to get together and design a workable plan for agency and ultimately Cape Coral City Council approval.
A major hurdle has already been overcome, a redevelopment official said.

The land necessary for the project along Cape Coral Parkway between Southeast Eighth Court to the west and Southeast Ninth Place to the east, including the Paradise Car Spa Inc., has been purchased or is scheduled for settlement in June.

"Remember this is only a concept," said Suzanne Kuehn, redevelopment agency executive director.

The concept calls for 230,000 square feet of the project to house offices. In a city strapped for office space, that is considered a big contribution.

Many of the planned projects in the 432-acre redevelopment area, which stretches along Cape Coral Parkway from Tudor Drive in the west to Cape Coral Bridge to the east, have more residential condominiums in their mix of offices and retail.

What US Housing Market Means for Florida Real Estate

2006-04-19T18:04:00.000-07:00

Figures were just released this week from US Dept of Commerce.

Here’s what we find:

1) New US Housing Starts sit @ 1,960,000. That is down 7.8% from Feb. but up 6.9% from March 2005

2) US Housing Permits sit @ 2,059,000 That is down 5.5% from Feb. but up 1.9% from March 2005

This is great news!!

For one, we still are seeing strong surges in record home starts and sales for the past six years. Despite what the doomsday media is putting out on possible bubbles, the US Housing market continues to rise steadily.

Here is also something of interest - sales in the West have fallen 15% over the first three months of this year versus the same time last year.

So if you’re in California does it mean that it’s time to be alarmed?

We think not.

First off, weather plays a HUGE factor in buying decisions. The fact is, it rained for 31 days straight in many parts of the North West during the first thirty-one days of 2006. And for the past three months the rain has kept coming down from Southern California, all the way up to Seattle. It’s been miserable.

Cape Coral Florida real estate continues to surge ahead strong. In fact, many development projects (residential and mixed use) are breaking ground, and the population continues to rise.

If you haven’t yet, then now is the time to buy some of that good ‘ol Florida real estate down in Cape Coral!

New Development News for Cape Coral Real Estate

2006-04-18T17:25:00.000-07:00

Wow!

Many new projects are underway in Cape Coral to beautify the city and help push up the values of this sweet piece of Florida real estate.

For example, there projects underway to beautify Cape Coral in the form of heavily landscaped medians on Skyline Blvd, Nicholas Pkwy, Santa Barbara Blvd.

There is also one huge project in the planning phase, it involves widening bothPine Island Rd and Burnt Store Rd because of a 200-acre, 1.2million-square-foot mall to be built on Pine Island Rd, about 3/4 mile westof Chiquita Blvd.

Many great things afoot for Cape Coral real estate...stay tuned as I'll be back with more info in-depth in the days ahead!

Cape Coral & Florida Real Estate Continues 2 Rise

2006-04-17T17:14:00.000-07:00

I read a very interesting article today.

It found that according to the National Association of Home Builders, there were more building permits issued for single-family and multi-family homes in Florida last year than in any other state. Additionally, “Five of the 10 metropolitan areas with the strongest one-year price appreciation last year were in Florida,” the Office of Federal Housing Enterprise Oversight reports.

"You could consider Florida to be ground zero for the housing market," says Mark Zandi, chief economist at Moody's Economy.com, an economic consulting firm in West Chester, Pa. And that means great things are still in store for Florida real estate.Note that Florida still remains one of the fastest growing in the nation.

It's growing, on average, by 1,000 people a day. We expect that to increase as more boomer’s come online and look to move to a sunny area and take in the pleasures of the warm waters of the Gulf.

Florida's economy is relatively strong and it continues to create new jobs. And while many real estate in large Florida cities is seeing a curb in home sales, smaller group of Florida markets like Cape Coral is holding steady as population and affluence moving into these areas grows. Sales in Jacksonville were essentially unchanged in February year over year (a record high even still for its time), and they were up in Tallahassee.

Time and fact continue to point the way that Florida real estate is the place to be.

$211 Million Development For Cape Coral Florida real estate

2006-04-15T14:14:00.000-07:00

Another new project, this one valued at $211 million, appears headed for Cape Coral's downtown, promising stores, restaurants, offices and condominiums.

This project adds to an already growing list of shopping, office, entertainment and residential venues that exceeds $1 billion for the downtown area during the next several years.

Cape Coral resident and developer Robbie Lee submitted plans to the redevelopment agency for a 3.9-acre multibuilding community he would like to build along Cape Coral Parkway between Southeast Eighth Court to the west and Southeast Ninth Place to the east.

The agency board plans to review his proposal at its regular meeting at 5:30 p.m. April 18 at City Hall.

But acquiring the land for this project may be a problem.

The plans for Village Square call for replacing the car wash, bank and a massage business in the area with 156 condominiums, 330,000 square feet of retail stores, offices and restaurants in four to 16-story buildings.

Two residential towers in the village would have parking garages with room for 1,056 vehicles.
The Bradford and Company Design Group artist's renderings for the project take it beyond attractive into enticing. Covering an entire city block, the renderings show landscaping entrances at all four corners, two fountains and the buildings in a Mediterranean-style, a favored look in the Cape.

The developer remained confident he could acquire the land.

Lee's companies, Island Development LLC and Downtown Village Square LLC own substantial portions of the site, Lee said.

A confidentiality agreement prevented Lee from discussing his purchase of other land on the block, including the Fifth Third Bank and Paradise Car Spa Inc. properties, he said.

In the proposal for the development, Lee's company said it might buy the bank for $2.5 million. It listed the car wash under option to buy for about $3 million.

The proposal states that Lee's company could be in possession of all property except the city-owned land and the bank by June.

All land acquisition for the project, including a corner area and the city-owned public-parking lot, could push the total to more than $8 million, the proposal states.
Phone calls to Paradise Car Spa resulted in several "no-comments" from a representative who would not give his name. The property has a corporate ownership with a listing of Cheryl Rodgers as a contact. She could not be reached at the car wash.

Brian Hornberger, manager at the bank, said that two weeks ago he asked his regional manager about a possible sale and was told there was no sale at this point.

That's all good, said Sal Lanzeri, owner of Sal's Pizza on Cape Coral Parkway also in the redevelopment area. But he wants to know who owns what before he believes the project will go through.

"I don't believe they have bought the land and without the land he can't do the project," said Lanzeri, the owner of Sal's Pizza on Cape Coral Boulevard. "Of course I'd be happy if the project is built. It'll mean my place will be worth more and it'll be good for business."

Down the street at Origins Coffee Roastery one of the owners, Lorraine Whitney, said she would welcome the project as an addition to the neighborhood.

"The competition won't hurt us, our clientele is loyal," Whitney said. "It would bring more people downtown, and they'd probably come over to us, too."

The Village Square project could also lead to the redevelopment of her block more quickly, Whitney said. Origins Coffee Roastery remains a cozy place to gather, but a redeveloped block could be more of an attraction, she believes.

By Pete Skibapskiba@news-press.com Originally posted on April 15, 2006

Oprah's take on Cape Coral Florida real estate!?!

2006-04-10T11:42:00.000-07:00

We're so excited about this our hands are shaking ...

You may not know that although we’re pretty good at"espousing" the benefits of Florida real estate, we’rereally pathetic at convincing people (the masses) that they should get involved.

We were close to giving up on this game a while ago because we constantly have to stay on top of things (day to day) and it's really, really, frustrating dealing with emails from the naysayer’s who thinkthat becoming a millionaire with Florida real estate, even in a place like Cape Coral, is a pipe dream.

Until now...

On April 7, 2006 - Oprah, herself a billionaire, told her audience the truth. She summed it up in one simple sentence:

"The sole difference between the wealthy and the poor are those who own real estate, and those who do not!"

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Cape Coral real estate is "shining"

2006-04-07T16:49:00.000-07:00

Welcome to Cape Coral Florida – the epicenter of Florida real estate. Coined “The Venice of the West”, Cape Coral is part of Lee County.

As a city Cape Coral spans 115 square miles and encompasses 400 miles of fresh and saltwater canals with access to the Gulf of Mexico making Cape Coral Florida real estate a boater’s paradise! Ranked #1 on the Milken Institute’s “Best Performing Cities” for 2004, Cape Coral is the 5th fastest growing city in the US according to the Census Bureau. Since values climbed 27.2% in 2003, Cape Coral real estate has appreciated on average by 32% per year the past three years in a row.

Do you want to make money in real estate? Want to own property in hot market for the long term? Then there’s no better Florida real estate opportunity available.

With average year round weather in the seventies, seven golf courses, half a dozen new schools being built, and a new University campus to support its 130,000 permanent residents (and growing at a clip of 8% per year), Cape Coral Florida real estate is booming! Sixty-two percent of the Cape Coral workforce alone boasts white collar professionals. Located only minutes away from some of the world’s best beaches in nearby Sanibel island, Cape Coral still offers affordable living. Florida real estate is fast becoming a treasured jewel in the great land grab of the 21st Century.

And no city has felt that more than in Cape Coral.

Florida Real Estate in The Sunshine State

2006-04-05T11:02:00.000-07:00

Wow, what a beautiful day!

It's a warm and sunny 70 degrees F....birds are singing in Cape Coral, the oranges are growing across Florida, and interest rates are still at an all time low.

Do you own Florida real estate?

More specifically, do you own Cape Coral Florida real estate?

What we're talking about here is a phenomenal growth area. Cape Coral Florida real estate represents an optimum investing for anyone....so whether you're looking to retire in the sunshine state, consider buying cape coral real estate.

Cape coral lots and cape coral homes offer great appreciation and investment opportunities. Be sure to check them out as they offer both short and long term returns.

http://www.cape-coral-florida-new-homes.com or visit http://www.cape-coral-florida-land-for-sale.com

Is it "Boom" or "Bust"?

2006-03-29T14:34:00.000-08:00

Given the turbulence we've seen with real estate values since Hurricane Katrina hit the Gulf Coast, many people are asking "are we still in a boom - or has it gone into a bust?".

With a significant amount of property under management in Florida, we can understand what speculators and homeowners in the area are concerned about.

But we focus on fact and not hype. The fact is that the Katrina tragedy wreaked havoc on the economy.

Not to mention the skyrocketing prices of oil and gas, as it relates to Florida real estate, we have seen a large increase in materials costs (concrete, plywood, and lumber), and for labor as well which has contributed toward a labor shortage.

The disastrous after effects of the Hurricanes in Florida last season have shaken some speculators and investors, and we've seen a cooling in the high double digit appreciation that many parts of the State enjoyed in the past three years.

However, we still expect a steady double digit increase based on facts alone.

1) 76 Million baby boomers are hitting retirement age, and 23% of them are expected to move to Florida

2) Behind California, Florida is the second fastest growing state for in-migration

3) Economic incentives provided by Florida for businesses to re-locate from elsewhere in the US

4) Quality of Life - such as seen in Cape Coral, Florida...coined "The Venice of the West!". Provides peace of mind, tranquility, numerous golf courses, access to Gulf of Mexico for boating, and is minutes away from some of the top beaches in the world.

So, while the "Boom" may not be the breakneck speed experienced in the past 36 months, hang on as we'll continue to see steady double digit growth in Florida real estate, in particular, Cape Coral.