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Real Estate Market | Blog

Wednesday, March 14, 2018   /   by Brooke Cole

Where/What to Buy in Cape Coral When Thinking About Retirement

What do you picture when you think of retirement? Is it sunshine? Palm Trees? Boating? Drinks by the pool?
If that's the case, you're probably right in considering Cape Coral.
We have the water, weather, sunshine, views, restaurants, you name it.

It's easy to understand why Forbes ranks it in the top 25 places to retire.

Now that you know what city to aim for, there are also some factors to consider. I recently read an article by "Keeping Current Matters." I loved what it had to say. I work with a lot of people moving to this area for retirement, so I thought you might enjoy the highlights as well. Their key points to consider include affordability, equity, maintenance, security, pets, mobility, and convenience.

Now -- here's where we TRULY excel:

Affordability 2018
Cape Coral average sale prices:
Single Family Homes: $241,100
Condos (Low-High-Rise): $159,416
Let's be honest, it's hard pressed to find anywhere else where you can live on the water at such an affordable ...

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Monday, March 12, 2018   /   by Brooke Cole

MARKET UPDATE -- 2018 -- Feb./March Stats

Cape Coral, Single Family Homes 
Active Today:
$100k-$150k  = 8
$150k-$200k  = 214
$200k-$250k  = 468
$250k-$300k  = 325
$300k-$350k  = 236
$350k-$400k  = 168
$400k-$500k  = 231
$500k-$600k  = 107
$600k-$700k  = 88
$700k-$800k  = 54
$800k-$900k  = 37
$900k-$1M  = 11
$1M+  = 68
As of February, 2018:
Median Days to Sell: 38
Median List Price: $257,000
Feb. List Price by Sq.Ft. Ratio: $163
March List Price vs. Sale Price: List = $259,990, Sale = $252,995
2018 Sales-to-date
$75k-$100k  = 1
$100k- $150k  = 21
$150k-$200k  = 191
$200k-$250k  = 244
$250k-$300k  = 141
$300k-$350k  = 66
$350k-$400k  = 39
$400k-$450k  = 40
$450k-$500k  = 18
$500k-$600k  = 25
$600k-$700k  = 10
$700k-$800k  = 7
$800k-$900k  = 4
$900k-$1M  = 2
$1M+  = 9

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Wednesday, August 16, 2017   /   by Brooke Cole

'For Sale by Owner' -- Risks You Need to Know

You've heard it before and you will hear it again! There are risks to selling your own property!
Of course, as REALTORs we want you to work with us, but we also care about the people in our community. We want to make sure you are protected.

Some things to consider before you put up that FSBO sign....

Are you really saving any time on your FSBO?
Do you know who to call if you have a question?
Are you available at any time for showings? How mad will you be when you find out they aren't even serious buyers? Did you know they weren't pre-approved for a mortgage?
Do you have time to plan your marketing strategy?
How long can you wait for it to sell?

According to Zillow, "An attorney not familiar with real estate processes and closing procedures could cost you hundreds of dollars and delay the closing."

Are you really saving money on your FSBO?
Want to price it right? Appraisals can cost hundreds of dollars.
Want someone to review the legal documents? Lawyers ain't cheap. ...

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  canal city, cape coral, city, florida, property, living, for sale, for sale by owner, fort myers, fsbo, need to know, real estate, real estate market, selling, swfl