CAPE CORAL IS THE BEST PLACE IN FLORIDA TO RETIRE!
(and second in the nation)
http://money.cnn.com/galleries/2011/real_estate/1109/gallery.best_places_retire.moneymag/2.html
PRICES ARE AT ALL TIME LOWS!!
Now is a great time to buy Cape Coral property.
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Cape Coral/Ft Myers is one of the top 10 turnaraound markets
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Great opportunities are on the market
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Pricing is at rock bottom!
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Interest rates are still low and they are headed upward
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Cape Coral is a great place to live, work, play and invest
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Lots starting at $7000
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Waterfront lots starting at $20,000
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Direct access homes starting in the high $100,000
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Prices are below construction costs
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Cape Coral is one of the fastest growing areas in the country
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Great schools
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Great quality of life
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Wonderful boating
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Several golfcourses
The Cape Coral-Fort Myers area is the second most undervalued residential real estate market in the country, according to a new research report.
That means this is a good time for investors looking to buy land, experts say.
Lee County real estate was overvalued during the boom and now the pendulum has swung the other way. Prices are down 40% or more. Some land prices are down an astonishing 90% from the boom. “We’re aggressively bullish on real estate in Southwest Florida right now,” some investors say.
Lee County’s homes, with a median price of $112,800, were selling for 40.5 percent under value in the fourth quarter of 2009, down from being overvalued by 31.5 percent at $236,200 four years earlier, the report by financial consulting company IHS Global Insight states.
NOTHING LASTS FOREVER, INCLUDING THIS FANTASTIC BUYER'S MARKET
PRICES HAVE RISEN AN AVERAGE OF 13% IN THE LAST YEAR
With sales continuing to rise and foreclosure and shortsale inventory continuing to fall time may run out on these bargains. Just as the boom didn't sustain, neither will the fall.
Return on investment: Where else can you get that kind of return on your investment? If you buy a $100,000 home cash and it goes up 25%, you have made 25% on your investment. If you finance this investment with 25% and it goes up 25%, you have gotten 100% return on your initial investment of 25,000. Not bad!!!
This is your perfect opportunity to take advantage of the market while there is an ample supply of short sales, REOS, foreclosures and pre-foreclosures. However the inventory is shrinking daily, and is down over 65% from 2008. Read below to see what you can get for the money.
There has never been a better time to buy, but trying to purchase in this type of environment requires expertise and knowledge of the market-place. Work with an experienced Realtor.
I have closed many short-sales and REOS in the last few months and know what it takes to get your offer accepted.
What your money buys you today in Cape Coral!
3/2 1272 square feet built in 2006 $82,500
move in ready
3/21692 square feet $90,500
Like new, beautiful location, city water and sewer,
3/2 1901 square feet, $189,500
Florida lifestyle pool home with many upgrades. Not a short sale or a floreclosure
3/2 1600 Square feet $295,000
Lakefront and Gulf access pool home on Lake Thunderbird. Updated throughout
3/3 1952 $490,000
Tarpon Point prestigious location. 3/4 with over 3000 square feet of living!!
7/11 11,772 square feet $5,395,000
Unbelieavable home on the Caloosahatchee river. True one of a kind on river with expansive views. Wow!!!
Buyers, the inventory is shrinking and prices are on the rise. Take advantage of affordable Cape Coral real estate while it lasts.
