Just posted on June 6th is the much anticipated news about our local construction industry. For many month’s now we have seen a small but steady upswing in the number of single family home permits being pulled by builders in our Lee County.
If your currently renting, you may want to read this article. The Florida Legislature just announced that $35,000,000 dollars has been set aside for down-payment home ownership assistance thru the Florida Housing Finance Corporation [FHFC]. These monies were a part of Florida’a huge settlement from the nations 5 largest mortgage services.
Remember the old days………you go to the store and outside are kiosk racks of homes “For Sale” magazines and books of “For Sale” homes? You would pore over those publications and circle homes that looked interesting, then walk into a real estate office with it in hand.
Remember the old days……..you would walk into a real estate office and leave with a stack of MLS print-outs of “For Sale” homes to review, drive-by the neighborhoods, check out the other homes on the block, and select a few listings to go see?
Remember the old days……..Realtors used Television ads, Billboards, car door signs, and other print media as methods of marketing to potential buyers?
We have just made it thru the first quarter of 2013 and we are seeing solid evidence that our local real estate market is well on its way to being the best year for the housing market in over 7 years. While challenges still remain, like getting lenders to make loans a little easier to obtain, we are seeing good numbers in the housing sector here in Lee County. …continue
Excerpts taken from Berge Aslanian, and his “Real Estate Trends” article with the Chamber of Commerce. Berge is a 7 year Re/Max Island Harbor Realtor, in Cape Coral.
Everyone knows that in a market with prices going down……..you tighten your financial belt and wait out the storm. Does that also mean that in an “up Trending” market the opposite is true? Perhaps Yes!
In December 2012 there were 202 Cape Coral homes sold, with an average sales price of $144,000. In February 2013 there were 231 Cape Coral homes sold with an average sales price of $155,000.
In December 2012 there were 21 Cape Coral condo’s sold with an average sales price of $100,500. In February 2013, there were 36 Cape Coral condo’s sold with an average sales price of $106,000. …continue