Cape Coral Real Estate Brokerage | SW FL Property

Here in Cape Coral FL, we have many homes for sale, whether it is a traditional sale due to relocation, upgrading, or downsizing, or the many being sold due to foreclosure, or short sale.   Has the economy influenced the rate at which homes are selling, as portrayed by the media? Or, are more people buying because home prices continue to be discounted, and offered much more economically than in past years?  Here are the statists below:

Homes priced from $0 to $150,000

1^st and 2^nd quarter of 09' combined, the number of sold properties were 3,159.

1^st and 2^nd quarter of 10' combined, the number of sold properties were 2,778.

Homes priced from $150,000 and above

1^st and 2^nd quarter of 09' combined, the number of sold properties were 868.

1^st and 2^nd quarter of 10' combined, the number of sold properties were 806.

What we can gather from this information, is that home sales have remained virtually unchanged from this year to last.  The media likes to negatively portray our areas real estate market as being on a downward cycle, but the reality is that we are selling homes.  The very slight decrease from last year's is most likely due to the slightly longer than normal negotiation times associated with bank owned properties and short sales.

It is certainly a great time to buy, homes are offered at huge discounts from the preceding years, interest rates continue to be at some of the lowest levels ever offered, and financial institutions are loaning money more freely again. 

If you thought living in Florida was just a pipe dream, it could be your reality.  If you are interested in searching for a new home take advantage of our user-friendly home search. http://www.florida-future-realty.com/real-estate-home-search or call us to speak with one of our knowledgeable agents.  We look forward to helping you with your real estate needs.

Yours in Success,                                                 

The Florida Future Realty Team

Florida Real Estate Assistance, LLC

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