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Cape Coral Foreclosure predictions for 2010

By Kathryn Lawson-Fritsch

Real Estate Agent with Starlink Realty, Inc F3130356

March 23, 2010 03:54 PM

Are you still interested in finding that great foreclosure home in Cape Coral or Fort Myers, Florida?

If so than pay attention to what I am about to disclose to you and you will be prepared to get the best deals on Gulf Access and Gated Communties on the market today!

You have heard the hype by now but do you really believe that the foreclosure homes in Lee County have dried up? Well studies recently show that the banks are no longer modifying mortgages. What does this news mean to you? Well if you are looking to buy a home this year ...Get ready to see a lot of homes coming up for sale because the only other option to not modifying the mortgage is foreclosure. The weekly logs of foreclosures are getting longer according to the Lee County Clerk of Courts

Website http://www.leeclerk.org/ForeclosuresA2/

You can easily see that they have dropped in numbers but soon we will see an increase. Why do I say this? Well the banks are getting ready to drop and run .... Meaning they have not been modifying loans only appeasing the public...Insiders have caught even the largest of them all skirting around the issue to force people to foreclose. There was a cessation period however that is no longer in effect and I believe that things are going to start to rattle this year. If you are interested in hiring an aggressive agent please give me a call at 239-297-8936. Here is my website please click here to search homes including foreclosures http://www.cape-coral-luxury-real-estate.com/Search_for_Homes/page_2229391.html

Please feel free to call me and please leave a message.....

You can find me on FACEBOOK

Postings for foreclosures sales are in a Tampa newspaper for Cape Coral, Fort Myers, and Lehigh Acres.....

Kathryn S. Blackman- Realtor

Sandals Realty

Cell 239-297-8936

Email: myrealtorkathryn@gmail.com

Websites: www.cape-coral-luxury-real-estate.com

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Gregory Childs

Equity Street, LLC - Duluth, GA

Kathryn.

Are you recommending a buy and hold strategy in Cape Coral? Is there enough retail activity in the CC market for rehabbers to profit by adding value to properties? Also, Florida is in the height of "season" right now; how will that effect the CC RE market once the snowbirds leave.

Interested in your views.

Thanks,

Greg

Mar 23, 2010 08:30 PM

Anonymous

Kathryn Blackman

Dear Greg,

I am definately recommending a buy and hold. There are alot of unfortunate residents here that bought into the boom are now in foreclosure and will need a palce to rent. The rental prices here have gone form very low too average and will be rising. The great thing about Cape Coral is that there are great places to go and see yet you do not have the traffic in your back yard. We have everything anyone will need and more except high end malls but for those a thirty minute drive to Bonita Springs is an option. We should continue to see snow birds here stay even a few more months longer. Your typical rental base will be those who have foreclosed and have no other choice but to rent and moving around is not a feasible option. It is a safe investment now so get your buyers involved and watch the investments grow in multiple ways. We have builders here agzin and that should tell you what you need to know as far as making $$$ sense.

Good Luck,

Kathryn

Mar 24, 2010 12:04 AM

Cape Coral Foreclosure predictions for 2010

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Kathryn Lawson-Fritsch

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