Cape Coral, FL
FAST MOVING MARKET...........Low Prices! Transactions way up!!!
We are in a huge foreclosure market...over 2,000 pre-foreclosure filings per month.
Prices are low....3 bedroom/2 bath/2 car garage homes built after 2000 for 65K-you don't need to be a brain surgeon to figure out it's a deal. And buyers know it. I had three different buyers out before 12:30 yesterday.
50% of our listings (3900+) are short sales. The good news is that banks are now working with us to get them closed. More than twice as many homes sold in Cape Coral in 2008 than 2007.
Are we a long term stable area? Even though we have one of the highest foreclosure rates in the country-we only received 7 million from the Federal Government for support. They feel when all is said and done-we will not have the abandoned properties that other areas have. Again....that says it all.
Welcome to Cape Coral where the weather is perrrrrrrrrrfect and the people are friendly.
Deb Cullen, GRI, ABR, e-PRO, SRES, RSPS
Century 21 Sunbelt, Cape Coral, FL
Serving SW Florida.........aka Paradise
239-233-2322
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