7.29.10

• 35 new Residential listings, 16 went under agreement, and 18 SOLD!!!

7.28.10

• 38 new Residential listings, 24 went under agreement, and 29 SOLD!!!

7.27.10

• 41 new Residential listings, 17 went under agreement, and 32 SOLD!!!

7.24.10

• 32 new Residential listings, 26 went under agreement, and 17 SOLD!!!

7.23.10

• 44 new Residential listings, 28 went under agreement, and 12 SOLD!!!

7.22.10

• 33 new Residential listings, 24 went under agreement, and 15 SOLD!!!

7.21.10

• 34 new Residential listings, 27 went under agreement, and 15 SOLD!!!

7.15.10

• 33 new Residential listings, 21 went under agreement, and 18 SOLD!!!

7.1.10

• 35 new Residential listings, 33 went under agreement, and 43 SOLD!!!

6.29.10

• 31 new Residential listings, 27 went under agreement, and 36 SOLD!!!

6.28.10

• 9 new Residential listings, 6 went under agreement, and 5 SOLD!!!

6.24.10

• 33 new Residential listings, 27 went under agreement, and 17 SOLD!!!

6.22.10

• 39 new Residential listings, 13 went under agreement, and 21 SOLD!!!

6.18.10

• 38 new Residential listings, 19 went under agreement, and 20 SOLD!!!

6.17.10

• 34 new Residential listings, 25 went under agreement, and 17 SOLD!!!

6.16.10

• 41 new Residential listings, 38 went under agreement, and 28 SOLD!!!

6.15.10

• 54 new Residential listings, 33 went under agreement, and 30 SOLD!!!

6.12.10

• 51 new Residential listings, 23 went under agreement, and 23 SOLD!!!

6.11.10

• 45 new Residential listings, 17 went under agreement, and 20 SOLD!!!

6.10.10

• 62 new Residential listings, 23 went under agreement, and 17 SOLD!!!

6.9.10

• 47 new Residential listings, 21 went under agreement, and 38 SOLD!!!

6.8.10

• 46 new Residential listings, 27 went under agreement, and 30 SOLD!!!

6.5.10

• 46 new Residential listings, 37 went under agreement, and 27 SOLD!!!

6.3.10

• 39 new Residential listings, 30 went under agreement, and 32 SOLD!!!

5.29.10

• 35 new Residential listings, 34 went under agreement, and 39 SOLD!!!

5.27.10

• 35 new Residential listings, 39 went under agreement, and 25 SOLD!!!

5.26.10

• 40 new Residential listings, 29 went under agreement, and 25 SOLD!!!

5.25.10

• 46 new Residential listings, 31went under agreement, and 32 SOLD!!!

5.22.10

• 44 new Residential listings, 24 went under agreement, and 31 SOLD!!!

5.19.10

• 39 new Residential listings, 40 went under agreement, and 32 SOLD!!!

5.15.10

• 28 new Residential listings, 35 went under agreement, and 33 SOLD!!!

5.12.10

• 29 new Residential listings, 34 went under agreement, and 20 SOLD!!!

5.11.10

• 35 new Residential listings, 30 went under agreement, and 24 SOLD!!!

5.7.10

• 36 new Residential listings, 30 went under agreement, and 45 SOLD!!!

5.6.10

• 54 new Residential listings, 26 went under agreement, and 28 SOLD!!!

5.5.10

• 48 new Residential listings, 28 went under agreement, and 32 SOLD!!!

5.4.10

• 37 new Residential listings, 38 went under agreement, and 41 SOLD!!!

4.30.10

• 31 new Residential listings, 44 went under agreement, and 32 SOLD!!!

4.29.10

• 44 new Residential listings, 42 went under agreement, and 33 SOLD!!!

4.28.10

• 46 new Residential listings, 34 went under agreement, and 21 SOLD!!!

4.27.10

• 47 new Residential listings, 30 went under agreement, and 34 SOLD!!!

4.23.10

• 44 new Residential listings, 52 went under agreement, and 38 SOLD!!!

4.21.10

• 51 new Residential listings, 39 went under agreement, and 27 SOLD!!!

4.17.10

• 50 new Residential listings, 37 went under agreement, and 21 SOLD!!!

4.15.10

• 48 new Residential listings, 34 went under agreement, and 16 SOLD!!!

4.14.10

• 53 new Residential listings, 22 went under agreement, and 26 SOLD!!!

3.30.10

• 48 new Residential listings, 37 went under agreement, and 33 SOLD!!!

3.27.10

• 32 new Residential listings, 35 went under agreement, and 31 SOLD!!!

3.26.10

• 39 new Residential listings, 34 went under agreement, and 31 SOLD!!!

3.25.10

• 44 new Residential listings, 35 went under agreement, and 23 SOLD!!!

3.24.10

• 43 new Residential listings, 52 went under agreement, and 22 SOLD!!!

3.23.10

• 41 new Residential listings, 33 went under agreement, and 26 SOLD!!!

3.20.10

• 44 new Residential listings, 37 went under agreement, and 23 SOLD!!!

3.19.10

• 45 new Residential listings, 34 went under agreement, and 33 SOLD!!!

3.18.10

• 55 new Residential listings, 22 went under agreement, and 27 SOLD!!!

3.15.10

• 18 new Residential listings, 31 went under agreement, and 12 SOLD!!!

3.13.10

• 39 new Residential listings, 31 went under agreement, and 22 SOLD!!!

3.12.10

• 33 new Residential listings, 27 went under agreement, and 25 SOLD!!!

3.5.10

• 60 new Residential listings, 42 went under agreement, and 19 SOLD!!!

3.3.10

• 43 new Residential listings, 33 went under agreement, and 40 SOLD!!!

2.26.10

• 44 new Residential listings, 32 went under agreement, and 24 SOLD!!!

2.25.10

• 44 new Residential listings, 44 went under agreement, and 18 SOLD!!!

2.24.10

• 39 new Residential listings, 33 went under agreement, and 25 SOLD!!!

2.23.10

• 54 new Residential listings, 32 went under agreement, and 30 SOLD!!!

2.20.10

• 34 new Residential listings, 42 went under agreement, and 19 SOLD!!!

2.19.10

• 47 new Residential listings, 35 went under agreement, and 38 SOLD!!!

2.18.10

• 55 new Residential listings, 32 went under agreement, and 30 SOLD!!!

2.17.10

• 37 new Residential listings, 34 went under agreement, and 23 SOLD!!!

2.16.10

• 31 new Residential listings, 27 went under agreement, and 22 SOLD!!!

2.13.10

• 45 new Residential listings, 34 went under agreement, and 19 SOLD!!!

2.11.10

• 49 new Residential listings, 43 went under agreement, and 16 SOLD!!!

2.10.10

• 51 new Residential listings, 40 went under agreement, and 11 SOLD!!!

2.9.10

• 56 new Residential listings, 32 went under agreement, and 19 SOLD!!!

2.5.10

• 43 new Residential listings, 32 went under agreement, and 13 SOLD!!!

2.4.10

• 68 new Residential listings, 36 went under agreement, and 18 SOLD!!!

2.3.10

• 57 new Residential listings, 43 went under agreement, and 17 SOLD!!!

2.2.10

• 35 new Residential listings, 31 went under agreement, and 29 SOLD!!!

1.30.10

• 67 new Residential listings, 46 went under agreement, and 36 SOLD!!!

1.29.10

• 43 new Residential listings, 28 went under agreement, and 24 SOLD!!!

1.28.10

• 37 new Residential listings, 44 went under agreement, and 23 SOLD!!!

1.27.10

• 45 new Residential listings, 29 went under agreement, and 20 SOLD!!!

1.26.10

• 43 new Residential listings, 36 went under agreement, and 32 SOLD!!!

1.25.10

• 13  new Residential listings, 9 went under agreement, and 3 SOLD!!!

1.24.10

• 9  new Residential listings, 10 went under agreement, and 2 SOLD!!!

1.23.10

• 37 new Residential listings, 44 went under agreement, and 11 SOLD!!!

1.22.10

• 47 new Residential listings, 33 went under agreement, and 16 SOLD!!!

1.20.10

• 48 new Residential listings, 28went under agreement, and 17 SOLD!!!

Lee County Lis Pendens filed………

 First, what is a lis pendens?  A lis pendens is a written notice that a lawsuit has been filed with the courts concerning real estate. You could kind of call it…one of the first indicators of a possible foreclosure.

 Everyone’s talking about foreclosures.  Are they slowing down?  Will there be a new wave?

 It is important to keep in mind that not every lis pendens filing will turn into a foreclosure but I’ve been watching the overall numbers for a while now…waiting for a sign.  You tell me what you see……

If you would like me to email you all the figures and graphs….drop me an email at deb@CapeDeb.com

Paradise is selling fast! 

There are currently:

2525 single family homes for sale in Cape Coral, FL

1582 homes have sold in the past three months

That leaves us with an absorption rate of: 4.7 months  

What does that mean? 

Let’s say that not another house went on the market.  How long would it take to sell the existing inventory?  Only 4.7 months…. 

Rule of thumb:

A ‘normal’ real estate market (if there is such a thing) has an absorption rate of 6%

When is it a buyers market?  When the absorption rate is over 6 %

When is it a sellers market?  When the absorption rate is under 6% 

You can have some of this FABULOUS weather too but you better hurry. 

RUN don’t walk…..

Paradise is selling fast!

CALL OR EMAIL FOR A ‘FREE’ CAPE CORAL MAP ….

Debbie Cullen, CRS, GRI, ABR, e-PRO, SRES, RSPS, SFR

Century 21 Sunbelt, Realtor

Serving SW Florida (Cape Coral…aka Paradise)

239.233.2322

deb@CapeDeb.com

www.CapeDeb.com

Paradise is selling fast! 

There are currently:

2298 single family homes for sale in Cape Coral, FL

1679 homes have sold in the past three months

That leaves us with an absorption rate of: 4.1 months  

What does that mean? 

Let’s say that not another house went on the market.  How long would it take to sell the existing inventory?  Only 4.1 months…. 

Rule of thumb:

A ‘normal’ real estate market (if there is such a thing) has an absorption rate of 6%

When is it a buyers market?  When the absorption rate is over 6 %

When is it a sellers market?  When the absorption rate is under 6% 

You can have some of this FABULOUS weather too but you better hurry. 

RUN don’t walk…..

Paradise is selling fast!

Newly released by the Realtor® Association of Greater Fort Myers & the Beach, Inc:

February 2010

In February, our members sold 1,141 single-family homes, which is 21.9% above last year and 12% above the prior month. The median price of a single family home in the Greater Fort Myers area was $85,000, down 5.6% from $90,000 a year ago due to the continued influence of distressed properties on the market. Buyers from around the country (and the world) continue to be attracted to our area because of the affordability, the low interest rates and the looming deadline for the home buyer tax credit.

January 2010

In January, a total of 1,079 homes were sold by members of the MLS, which is 22.5 percent more homes than the previous January. 1,799 pending sales were recorded, which is 29.8 percent lower than January 2009 and 48.2 percent lower than the prior month. The decline in pending home sales resulted in the months of inventory growing from 2.0 months in December to 4.1 months in January – this figure is still below what is considered to be a balanced market – 5-6 months of available inventory.

December 2009:

Members of the Association closed 1,340 single family home sales in December, bringing the total for 2009 to 16,789; this is a 91.4 percent increase vs. 2008 when 8,768 homes were sold.  Of the December sales, 48.3 percent were bank-owned, 18.2% were short sales and the remaining traditional sales made up 33.4 %. The median price was $89,929, which is 8.0 percent lower than the prior December; however, the median price continues to be driven down by the number of bank-owned and short sales properties. During Quarter 4, the median price for traditional sales was $135,000 (a 3.5 % decrease from the prior quarter), for bank-owned sales it was $69,900 (up 2.7 %) and the median price for short sales was $94,950 (up 6.6 % from last quarter).

You can have some of this FABULOUS weather too but you better hurry.  Paradise is selling fast!

There are currently:

• 2414 single family homes for sale in Cape Coral, FL
• 1402 homes have sold in the past three months

That leaves us with an absorption rate of: 5.1 months

What does that mean?

Let’s say that not another house went on the market.  How long would it take to sell the existing inventory?  Only 5.1 months….

Rule of thumb:

• A ‘normal’ real estate market (if there is such a thing) has an absorption rate of 6%
• When is it a buyers market?  When the absorption rate is over 6 %
• When is it a sellers market?  When the absorption rate is under 6%

The tide has turned…but the deals are still available.  But  RUN don’t walk…..

Paradise is selling fast!

The tide has turned…but there are still deals available.

There are currently:

2382 single family homes for sale in Cape Coral, FL

1504 homes have sold in the past three months

That leaves us with an absorption rate of: 4.7 months

What does that mean?

Let’s say that not another house went on the market.  How long would it take to sell the existing inventory?  Only 4.7 months….

Rule of thumb:

A ‘normal’ real estate market (if there is such a thing) has an absorption rate of 6%

When is it a buyers market?  When the absorption rate is over 6 %

When is it a sellers market?  When the absorption rate is under 6%

You can have some of this FABULOUS weather too but you better hurry.

RUN don’t walk…..

Paradise is selling fast!

• July is the average warmest month.
• The highest recorded temperature was 103°F in 1981.
• January is the average coolest month.
• The lowest recorded temperature was 0° in 1948.

June is the average wettest month.

Cape Coral local jobs

City of Cape Coral job opportunities

The News-Press classified

www.Monster.com

www.hotjobs.com

www.careerbuilder.com

Students attending Cape Coral’s Public Schools comprise nearly one-quarter of the Lee County District School’s enrollment. This is a dramatic departure from just four decades ago, when a handful of students from the community’s “pioneer” families bounced from school to school located everywhere except in Cape Coral.

Several Schools located in Cape Coral have earned Blue Ribbon School of Excellence Honors from the State of Florida, and many of those have taken national honors as well. See school ratings…

(picture taken 7/07: Bernie Braden, Gary Bowler, Deb Cullen)

In the early days (before air-conditioning) Cape Coral was well known by sportsmen who traveled far to enjoy the tremendous fishing and hunting this neck of land had to offer.

In the late 1950’s the Rosen brother’s dream of a canal-side community rose from the scrub-scattered sandy peninsula.  They purchased the land, platted the community and dug over 400 miles of canals.  A world-wide, real estate marketing campaign resulted in the sale of almost all of the 350,000 residential building lots available.  Slowly, homes sprung up throughout the Yacht Club area and have steadily moved west and north.

The construction of the Cape Coral Bridge, connecting Cape Coral to Ft. Myers, was an essential component of the early growth of the city. A while later the Mid-Point bridge followed, creating a second connection between the two cities.

Without a doubt, these early pioneers would be impressed with the remarkable city Cape Coral has become.

The City incorporated in August 1970, and its population continues to grow rapidly. With more than 160,000 residents.

The City of Cape Coral operates under the Council-City Manager form of government. City Council members are elected at large from seven districts. The Mayor also is elected at large and is the eighth member of Council.

Our city has one of the best Recreation Departments in the state, providing all kinds of services for young and old.  Our economic growth and education system, combined with our top public safety-standing, make Cape Coral one of the most desirable locations in the entire world.
The City Council enacts ordinances and resolutions, adopts the budget, and oversees comprehensive planning and land-use regulations. The Council appoints the City Manager and City Attorney, as well as the members of all boards and commissions.

The City Manager hires all department directors and oversees the day-to-day operations of the city.

eCape (Cape Corals online services page)
Cape Coral Demographics

Crime Rates…

Also known as “Paradise”, Cape Coral offers all the beauty that you would expect from Southwest Florida – palm trees, blue sky and sunshine. With over 400 miles of canals – boating, fishing, and water sports are a significant part of everyday life.

Encompassing 114 square miles, Cape Coral has something for everyone. Golf courses, tennis courts, athletic parks, nature preserves, beach and more.

With Fort Myers just over the bridge, Miami just a few hours away, Naples just south, and Sanibel around the corner, Cape Coral has access to a diverse cultural life. With museums, local and national parks, an international airport, city vibrancy, restaurants, and some of the best beaches within driving range, you can see why Cape Coral is so desirable.

And the weather… ahhhh…the weather…