State and National News:
- Fla.’s housing market continues growth trends in March 2015 Read more…
- Another reason to buy now: rents going up again Read more…
- New water heater rules could create problems Read more…
Taxes, Financing, Insurance and more:
- Florida ranks 48th in State Tax comparison Read more…
- Fannie Mae announces 3% closing cost aid program Read more…
- First-time homebuyers can get $2k per year Read more…
Cape Coral and SW Florida News:
- Plans in motion for new Cape Coral Development Read more…
- New Development ‘Stonewater’ maybe coming to NW Cape Coral Read more…
- Cape Coral named in ’10 Coastal towns where you can afford to retire’ Read more…
- America’s 10 Best Mid-Sized Cities for Home Buyers Read more…
- WaWa Fans welcome new store Read more…
- Cape’s Bimini Basin is focus of redevelopment efforts Read more…
- The Vue high-rise project inching toward consideration Read more…
- Cape Coral’s Wicked Dolphin Rum wins gold in Miami Read more…
- Boaters take to the water in unique vessels Read more…
- First Cape Coral brewery project to open in June Read more…
- 11 Stuning Florida Towns you need to visit Read more…
Real Estate Tips:
- The top 10 features in demand for new homes Read more…
- 10 Essentials Every Small Home should have Read more…
- 14 Things you will definitely find in your Mom’s house Read more…
Nature:
- Orange Jeep tours, your Eco-Advanture awaits Read more…
- 5 Secret Islands in Florida Read more…
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Everything is selling quick! Check out these two new listings….
1208 Tropic Ter, N Ft Myers………. only $69,900
GULF ACCESS CONDO with two bedrooms and two bath. Offered FURNISHED and TURNKEY!!!!!! This is one of the last of the great recession deals. FIRST FLOOR – END UNIT – it doesn’t get any better. Everything you need from TVs to couch to dinner plates, bedding and more. TIME TO RELAX… unpack your toothbrush and head to the COMMUNITY HEATED POOL. Open floor plan and GORGEOUS PICTURE WINDOW make this unit light and bright. Master bedroom has private master bath and a walk in closet. Unit was RE-PLUMBED in 2014. Are you looking for a friendly well cared for 55+ community? Then this is the one! Community POOL with festive cabana, Shuffleboard and Boat Docks! Beautiful well kept ‘park like’ landscaping is a lovely place for an afternoon walk. Or grab a book and relax on your private enclosed porch/lanai. Unit is conveniently located close to the Community POOL. Attention boat owners– the marina with limited river and gulf access has slips available on a first come first serve basis/sign up list. Great location close to shopping, restaurants, etc… Snowbirds DON’T WAIT to get caught in the high season buying frenzy– BUY NOW!
Click here to see more…
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1781 FOUR MILE COVE #134, CAPE CORAL, FL 33990……. Condo only $149,000
Are you looking for the CAREFREE FLORIDA LIFESTYLE? This is it! Gorgeous DIRECT GULF ACCESS WATERFRONT condo. Stunning with TILE, high grade wood laminate floors, tray ceilings, crown molding, walk in closet, and more. This sought after, well maintained, GATED Community offers pool, spa, tennis courts, canal walk, clubhouse, waterfront picnic area… The canal waterway leads to the Gulf of Mexico, beaches, and surrounding islands such as Captiva, Cayo Costa, Cabbage Key, Sanibel, Boca Grand, and beyond….and the Association mentioned that there are still a few 25′ areas available for purchase – to install a dock . Great location close to shopping, restaurants, hospital, and the bridge (for quick access to the International Airport). Grab your book and relax in the SCREENED BALCONY or head to the pool for a quick dip. This condo has it all….
Click here to see more…
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HELP!!! I NEED MORE LISTINGS…Listings are selling FAST! and I am looking for more inventory! If you know someone that wants to sell their home/lot or possibly buy in the near future, please let me know.
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“Backyard News”
· Cape Coral faced a 4.2% drop in inventory, making March the third consecutive month.
· Historically, the decline in inventory begins around February before it begins to level off and peak in the late spring/early summer months.
· March had the highest number of traditional sales since April 2008.
· 2015 is off to a fantastic first quarter, closed sales have risen by over 22% compared to 2014’s Q1.
· Double digit appreciation was back in March, along with a sellers market!
· U.S. Census Bureau rank Lee and Collier counties among the top 10 fastest-growing metropolitan areas from July 2013 to July 2014. In part due to employment gains.
“Industry News”
Flood Insurance Recap
· #1 – gifting or transferring flood insurance- Allows for the buyer to “take-over” the remainder of the time on the policy. Letter from Seller to their insurance company indicating transfer to buyer is required
· #2 – As of 4/1 EVERYONE pays a subsidy: $25.00 for Primary Residence – $250.00 Non-Primary. This is Non-refundable. This extra money goes into a fund to help off-set costs for disasters (wait for comments from the tea party galley)
· #3 – Flood Map for Lee County will be redrawn in 2016
· #4 – Primary Residence – deemed as residing in the property a minimum of 51% of the year, i.e. 6 months and a day (186 days). To have lower costs by being a “primary residence” one must signed an affidavit to be filed with the insurance company saying their intent is to be here at least six months and one day.
· #5- Base elevation – measured by finished floor, i.e. kitchen (not the garage floor)
· #6 – as of 4/1 new options for deductibles = One could have higher deductibles-$10k specifically and split it $5K towards contents and $5k towards building. BUT…MUST HAVE THE APPROVAL OF YOUR LENDER. Some lenders have a maximum deductible ($2,500). So approval from lender is necessary or insurance could be force placed (insurance term).
Cape Coral News
