State and National News:
- These Are the ‘Happiest’ States in the U.S. Read more…
- Fla.’s housing market ends 2015 with strong gains Read more…
Taxes, Financing, Insurance and more:
- When seeking tax help, consider the source Read more…
- Warning: Realtor email scam picking up speed Read more…
- Bank of America rolls out 3% loans Read more…
- Why Home Insurers Might use Traffic Tickets Against You Read more…
- Tax tips for Homeowners Read more…
Cape Coral and SW Florida News:
- Forbes lists top investment cities – 7 are in Fla. Read more…
- Cape Coral, Fort Myers rent rate increase tops nation Read more…
- Grocery Store Chain moving into Coralwood Shopping Center Read more…
- NW Residents pack 7 Islands Town Hall Read more…
- More signs of a lasting rebound Read more…
- Cape Coral accepts grant for traffic study Read more…
- UEP for North 2 to break ground in August Read more…
- Cape Coral votes to ban fracking in City Limits Read more…
- Cape Coral Build-out Analysis Read more…
- Speed limits won’t change for Cape Coral roads Read more…
Real Estate Tips:
- How to Spot a Home Improvement Scam Read more…
- 5 Dating Tips that Apply to Home Shopping Read more…
Nature:
- Hiking near Cape Coral Read more…
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REMAX Realty Team #1 in Lee County again! Thank you to all our wonderful Customers!
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Monthly Features:
NEW ON THE MARKET! 4113 NE 23RD PL, Cape Coral, FL only $299,000
STUNNING!! There is no better word for this beautiful spacious home with over 2400 sf! A RARE find!!! Everything from the NEW pool and spa in 2012, NEW a/c in 2013, NEW granite, NEW flooring, Crown molding everywhere, SIX TRAY CEILINGS, tile on the diagonal, French doors, 8’ pocketing sliders to lanai, STAINLESS APPLIANCES including a DOUBLE OVEN, and more… nothing has been left out of this beauty. From the moment you walk into the entryway you’ll know you found someplace special. Den has one of the most beautiful 9-panel ceilings found. The open floor plan GREAT ROOM offers a double-tray Ceiling and custom built-ins. The FORMAL DINING area is perfect for entertaining with columns and a spectacular custom tray ceiling. MASTER BEDROOM SUITE has walk-in closets with custom shelving, and an adjoining room, which would make a great home office/nursery/ exercise room/ hobby room… Enjoy your luxurious master bath with jetted tub. Home sits on an oversized eastern exposure lot allowing nice sun exposure for morning coffee poolside. Close to shopping, restaurants, etc. and International Airport is less than 30 miles away. Special financing available.
Click here to see more…
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“Backyard News”
· As a result of the uptick in inventory our market has shifted from a primarily Seller’s Market to a Buyer’s Market. Very customary for this time of year.
· Although distressed sales are down considerably (by approximately 82%) distressed sales continue to have a presence of about 8%, economists imply that a “normal” market is one where distressed sales make up between 3-5% of the total closed sales.
· Cape Coral average sales price saw the highest increase in 4 years, 20% from the previous year.
· 86 permits were pulled in Cape Coral for single family homes up 14% from last year. 937 total permits were issued in Cape Coral in 2015 we are 36% of the way there!
· Residential and land is not the only sector of our market experiencing price increases: Rents are also rising on average 5-8%, and many areas rising over 10%.
· Many of our tenants have credit scores over 600 but are unaware they may qualify to buy!
“Industry News”
· Title companies ordering Estoppel’s (Condo’s) will required the payment of an Estoppel up front.
· On February 3, the Florida House Finance and Tax Committee voted favorably on a comprehensive tax reduction bill. House Bill 7099, relating to taxation, includes a 1% reduction of the Business Rent Tax in 2017 with another 1% reduction in 2018. The bill moves directly to the House floor for discussion and debate next week.
· More companies would move to Florida or expand, hire more employees and raise salaries if the tax rate was less. In the first year, a complete repeal of the tax could create up to 185,000 new jobs and $20 billion in economic impact. That’s five times more than the tax revenue impact.
· Florida’s business ranking ranges from No. 13 in the nation (Site Selection magazine) to No. 22 by Forbes magazine. Eliminating the sales tax on leases would be a boon to businesses of all sizes, and especially to small companies that can’t afford to own storefronts and offices.
