Cape coral real estate market news yahoo,foreclosed homes deltona florida,new construction homes in winston salem nc news,real estate nyc listings - Reviews

As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. Market forecasters predict that 2014 will be another year of gains for the real estate market, even though the rapid pace of sales in 2013 cooled off a bit at the end of the year. Even aside from expected price gains, buying a home is almost always a good investment in the long run, says Weinstock. We invite you to like us on facebook, follow us on twitter and connect with us on linkedin.
We will always be available for personal service by phone or email, so feel free to contact us with questions any time! My offices are located on 2326 Del Prado Blvd. Florida’s housing market continued to show increased strength in June, including more closed sales of single-family homes, more new listings, rising median prices and a reduced inventory of homes for sale, according to the latest housing data released by Florida Realtors®. Meanwhile, pending sales – contracts that are signed but not yet completed or closed – for existing single-family homes last month rose 23.1 percent over the previous June. According to the National Association of Realtors (NAR), the national median sales price for existing single-family homes in June 2013 was $214,700, up 13.2 percent from the previous year. Looking at Florida’s year-to-year comparison for sales of townhouse-condos, a total of 9,136 units sold statewide last month, slightly less than the June 2012 level (down 2.5 percent).
Actually, there are some methods to the recovery madness—but geography isn’t one of them. He estimates that roughly 10 to 20 percent of investors buying real estate today are foreign investors—mostly from Canada, Mexico, China and, in places like Miami—South America.
One common denominator is that many of the markets with big price increases had been among the hardest hit when the housing bubble burst.
Another factor has helped speed the recovery in some markets more than others: how the foreclosure process is handled.
The recovery in California and other parts of the West Coast has largely been driven by the tech economy, Berkowitz said. Believe it or not, while many parts of Florida have already seen double-digit growth, pros say there’s more room to run in Florida. In Tampa, for example, prices are 38 percent off the bottom, Blomquist said, but they’re still 44 percent below their peak in August 2006. By contrast, prices in San Jose and San Francisco are 12 percent and 22 percent below their peaks, he said.
One area Blomquist is willing to bet on is Chicago, where prices are 32 percent below their peak. One surprise he didn’t expect in the recovery is the demand from large institutional investors. You may not be able to find a geographic pattern in where the recovery will heat up next, but what the pros are seeing now is a lot of West Coast markets getting close to peak and a lot of East Coast markets, from New York to Florida, with more room to run. Florida’s housing market gained strength in second quarter 2013 with more closed sales, higher median prices, more pending sales and a shrinking supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®. Meanwhile, pending sales – contracts signed but not yet completed or closed – for existing single-family homes rose 28.5 percent in the second quarter compared to the 2Q 2012 figure. Looking at Florida’s year-to-year comparison for sales of townhouse-condos, a total of 31,829 units sold statewide in the second quarter, up 7.9 percent from the same three-month period in 2012.
In 2Q 2013, the median days on market (the midpoint of the number of days it took for a property to sell that month) was 51 days for single-family homes and 57 days for townhouse-condo properties.
To see the full statewide housing activity reports, go to Florida Realtors Media Center and look under Latest Releases, or download the 2Q 2013 data report PDFs under Market Data. The legislation includes a provision that would allow those aged 55 and older to obtain a Canadian Retiree Visa permitting them to stay as long as eight months in the United States. The measure would add about two months to the current six-month limit, allowing them to stay about 30 percent longer.

Real estate agents in the Sunshine State say the law would give the second-home market a boost, making real estate purchases more cost-effective for Canadians who balk at buying due to poor exchange rates and restrictions on how long they can stay in the country. Denny Grimes of Fort Myers-based Royal Shell Real Estate says the law would give other sectors of the state’s economy a boost as well, from restaurants to resorts to construction.
However, snowbirds would need all but one of Canada’s provinces to loosen rules that require them to spend at least six months of the year at home in order to preserve their eligibility for national health insurance. Cape Coral Broker Joe: Cape Coral Florida * Fort Myers Florida * Real Estate Market Foreclosure Update. Joe Kendall, Broker associate with Sandals realty writes: the Cape Coral housing market and Fort Myers housing markets saw foreclosure actions fall 26% and 25% respectively and the Naples real estate market saw filings decrease by 11%. Unfortunately, there were 544,000 foreclosure filings in Florida last year and it is estimated that 25% of Floridians with a mortgage are either in foreclosure or late (60 days) on their payments. The people that are setting on the fence and there are many waiting for the perfect house may find themselves outside looking in but again time will only tell. Searching for a great waterfront condo with gulf access or something laid back and off the water with easy access to all that Cape Coral has to offer, start your search here.
Cape Coral is a community in Southwest Florida that offers miles of canals that lead to the Gulf of Mexico and features homes at affordable prices.
Tarpon Point Marina, A full service Marina with deep dockage and over 175 boat slips in a secluded cove with direct access with no bridges or Locks makes this a boaters dream.
With a daily influx of people moving to Lee County, it continues to be one of the region's most popular housing markets for buyers looking to purchase a second home, an investment property, a retirement place, or a primary residence. If security and amenities of a gated community appeal to you, then Cape Coral may just have what fills your needs.
Refine your search on this site to view gulf access, lakefront, freshwater canal or river front properties, you are sure to find the perfect home that fits your needs. Thinking of selling and wondering what your home might go for in todays real estate market? Call Us at (239) 691-0157 or 239-410-5821 or contact us if you're interested in buying or selling real estate or have any questions. The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS.
This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. Higher mortgage rates will dampen the pace of both sales and price gains, but not bring them to a halt. The statewide median sales price for single-family existing homes last month was $175,000, up 15.1 percent from the previous year. Housing industry analysts note that sales of foreclosures and other distressed properties downwardly distort the median price because they generally sell at a discount relative to traditional homes. Meanwhile, pending sales for townhouse-condos last month increased 14.2 percent compared to the year-ago figure. He’s also heard of a lot of investors from Russia and other eastern European countries in the New York market. Markets like California, Nevada, Arizona and Georgia have seen their recoveries take off because they allow what’s called a nonjudicial foreclosure process, which tends to be quicker than the courts.
That’s the couple who gets a starter home, builds some equity and then trades up to a more expensive home.
While these markets have seen some recovery, they’re still down significantly from their peak. The statewide median sales price for single-family existing homes in 2Q 2013 was $170,000, up 14.1 percent from the same quarter a year ago. John Tuccillo said, “For those who have been following the Florida real estate market, there’s not much new in these numbers.

To qualify for the visa, they must own a second home, have a rental agreement or hotel reservation. Only Newfoundland and Labrador allow residents to keep their health coverage while spending eight months abroad. Whether you're in the comfort of your home, or on the go, our site works flawlessly on multiple devices so you can find the information you need. You'll instantly have access to advanced home search tools to help with your Cape Coral real estate needs.
These homes offer the beauty and exclusiveness of waterfront life without the hectic beach traffic and living in a tourist trap.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Today I would like to share this article on why 2014 is the year for you to purchase a home in Southwest Florida if you haven’t already! 30, The National Association of Realtors said its pending home sales index, based on contracts signed last month, rose 0.2 percent in November, below the 1 percent rise forecast. The average rate on a 30-year fixed mortgage is expected to rise from 4.5 percent to 5 percent in the next year. The statewide median for townhouse-condo properties was $130,000, up 18.2 percent over the previous year. If you found this article interesting and know someone else that might benefit from it please feel free to share!
It was a lot of foreign investors buying up real estate in Sun Belt areas like Miami and Phoenix.
It’s a lot safer to bet on sunshine and ocean than on a bankrupt city dependent on jobs to drive housing demand.
Is the decrease and a shift from banks foreclosing on home owners and working toward the short sale process? Our site is updated with listings directly from the MLS frequently so you receive current info before it is shown on the national sites. Most of these homes  have the privacy and charm of a family-oriented neighborhood, with the additional benefit of the wildlife and beauty of waterfront living. Interested in how the Real Estate Market is faring these days, call 239-691-0157 or 239-410-5821 and we can give you instant info right over the phone.
June marks the 18th consecutive month that we’ve seen the statewide single-family home median sales price increase year-over-year.
While investors have been the major driving force in the market, we are beginning to see more owner-occupants enter the market. He would email us pics and videos so we could plan which houses to tour on our trips to Cape Coral. It went pending after 5 days on the market but it took 272 days from list date to close date.
The highest sale was $2,175,000 for a new construction direct gulf access home in the southwest gated community of Tarpon Estates located at the end of Silver King Boulevard. The median list price was $190,000, median sale price $184,000, and median days on market was 41.Search for Cape Coral Homes for Sale Home Sales Market Report Cape Coral FLIf you’d like assistance with buying a Cape Coral Homes for Sale, contact Ross Winchel at 239-898-1214 or Jill Winchel at 615-504-1185.

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