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February Market update

By Posted byLenora


I would like to take a few minutes and update all our wonderful visitors on the site before I go and show three different sets of clients homes today here in Cape Coral. I have been involved in real estate for over eight years in Southwest Florida and have never seen the real estate market quite like this. This market is different than 2006 because there is far less inventory available because less people are willing to sell their home for a lower price than what it was valued for at the peak of the market. One other case that makes this a very unique situation is the strength of the euro and other countries like Canada’s dollar compared to ours. We are getting many investors purchasing homes in Southwest Florida because of the strength of their dollar and how far their money goes.

Some of the most popular products of homes and condos that I’ve been showing lately have been either affordable waterfront condominiums typically priced under 200K that are perfect for turnkey investments or the popular half-million dollar Gulf access property that was priced closer to 1 million in the height of the market. There are currently great deals on those type of homes because of the price and because of the amount of inventory due to the numerous canals that are beautiful town has.

One of the most popular pages on our website lately has been the custom search that I set up for Cape Coral homes with pools. There are a few other agents out there that have this feature on their website and it is a really nice touch to help you get as specific as possible about finding your perfect Florida dream home.

Please email me or call me if I can be of any assistance in you finding your perfect home here in Southwest Florida.

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