South Cape Coral single homes with gulf access medium prices have gone up 9.01% in the last year. A few factors have been the keys to this strong appreciation in Cape Coral. The cape Coral-Fort Myers area has led the way for adding jobs in the USA at a clip of around 3.9% compare to a national average of 1.4%. This trend is projected to stay in that range until 2018. 5 of the top ten metro areas are in the Sunshine State.
Future job rate prediction of 43% for the next ten years. retirees are moving south and specially to Florida. Unemployment in Cape Coral is at 4.2% as of April 2017.
Low interest rates for both 30 and specially 15years. Lower required down payments. Florida state income tax rate is 100% then the average national.
Other reasons? The weather of course with nice to excellent weather about 290 days a year. AS for Cape Coral its a lot about the canals, the rivers, the bays, the area’s beaches. It does have 400 miles of canals. For more info regarding Cape Coral gulf access homes and Real Estate in general contact Realtor and local expert LLoyd Nichols. by text or call on cell at 239-810-2980 e-mail at homesbythesea@gmail.com or Skype at lloyd.nichols and see you soon in South West Florida! Lloyd Nichols Premier Florida Realty of SWFL 239-810-2980
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