Cape Coral Waterfront Real Estate Is One of the Most in Demand Today

October 11, 2014 by:

Cape Coral Waterfront Real Estate Is One of the Most in Demand Today Ask someone what his dream home is, and chances are a piece of Cape Coral waterfront property might be one of his top choices. Having the most canals than any other city in the world, this area is a premier destination for current or future waterfront property owners looking for their new homes. Look at any business publication that contains lists of the top places to live, work and do business and you’re likely to find Cape Coral in a lot of them.   Major publications such as Forbes, 24/7 Wall Street and others have had a love affair with the city over the past couple years, and that has continued as this week Cape Coral was named one of the top 50 places to live (No. 46) by 24/7 Wall Street as well as one of the fastest growing areas (No. 14), best places to retire and one of the places where the jobs will be by Forbes (No. 3), and best cities for future job growth (No. 6). Aside from nature’s beauty and tranquility that people experience from living in a waterfront house, what makes Cape Coral Waterfront Real Estate so attractive to potential property buyers today Neighborhood Safety Based on FBI reports, Cape Coral is still one of Florida’s safest cities. For 2013, it ranked second among the safest cities with a population of over 150,000 and first for safest against violent crime. This means there are significantly less risks on your life just to walk down the streets and you can sleep at night not worrying too much about someone breaking into your house to bag up all your valuables or do something even worse. Meeting Peers Over half of the population here is between 15–64 years old, so new settlers would have no problems finding their own age group to make friends with. From teenagers to adults and seniors, joining a sports team or getting a fishing buddy requires less time and effort. Leisure Areas The city is home to numerous recreational areas and parks. There are golf courses, sports complexes and fields, nature parks, yacht clubs, and even art exhibits and cultural venues. People here will not run out of things to do in their spare time. Among many more reasons, these are all excellent ones to stay in this city. That’s why a lot of Cape Coral waterfront real estate companies, like Cape Coral Lots, are endorsing more and more properties to prospective buyers. You just need to talk to an established broker that will make the process of acquiring your own dream house convenient and stress-free!   (Source: Cape Coral high on many ‘top,’ ‘favorites’ lists,...

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Commercial Area Will Increase the Number of Residential Lots for Sale

October 10, 2014 by:

Many people are mesmerized by the allure of a waterfront house, making Cape Coral a great place to get one. When talking about day to day living, however, every person also needs to have access to businesses and establishments that make all necessities conveniently available, such as food and drinking water, clothes, and home maintenance supplies. Add these and they will surely attract more people to reside in this city. City Manager John Szerlag already informed council of investing $50,000 to look into the possibility of a project. Nearby, Four Freedoms Park would act as an anchor for commercial development such as restaurants and shops.    “Obviously, we have two property owners that own the majority of property along the Bimini Basin,” said Dana Brunett, the city’s director of economic development. “You’d have to have a developer, the property owners and the city realistically come together … to accomplish this project.” Brunett said the project would be an ideal commercial waterfront location, a selling point that draws crowds and one that has not been embraced as it should in a city like the Cape, with its miles of canals and waterfront. Increased commerce means higher revenues, and large revenues lead to reduced taxes. This in turn makes the cost of living lower. That’s another huge factor when people are browsing through listed residential lots for sale. With more people wanting to live in the city, companies will be developing more residential areas and when quality products or supplies are cheaper, the expenses of building a house will be more cost-friendly. A commercially developed city also brings another crucial dealmaker to prospective residential buyers – improved healthcare and education. Hospitals and clinics will have funds to support state-of-the-art facilities and schools will have classrooms with quality learning materials as well as fully-equipped laboratories. Proper healthcare is, of course, needed by everyone and parents will definitely choose to raise their son/daughter in a city wherein quality education is easily accessible. With the right improvements looming over the city, real estate companies like Cape Coral Lots will be listing more affordable residential land for sale as months pass by. Don’t let the perfect spot in this waterfront wonderland slip through your fingers, so talk to the best agents in the area to help you achieve your dream waterfront house today.   (Source: Cape Coral businesses support Bimini Basin development,...

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Sizzling Sales: Tips for Purchasing Cape Coral Lots for Sale Quickly

October 9, 2014 by:

Are you planning to purchase real estate anytime soon? If so, be prepared for high-paced action for the duration of your search. With the U.S. recovering from the 2008 recession, more and more people are willing to get into owning property once again instead of renting. This means that you’ll face stiff competition for real estate in prime locations. In competitive real estate markets, speed is the name of the game. To be able to land the property you want, here are a few tips to remember when looking for Cape Coral lots for sale: Just Go and Look Simply put, the best time to search the real estate market is when you know you’ll be staying put for a long time and have saved up enough money to purchase a home or lot. Trying to “time the market” can be a decision that backfires on you and cause you to lose property that you really want. Mortgage Pre-approval In most cases, people require financing to purchase real estate. If this is true for you, be sure to visit your lender and get pre-approved before looking at lots. Being pre-approved for a loan shows sellers that your finances are in order and that you are ready to buy as soon as an agreement has been reached. This is especially important if you plan to construct a home in the near future. Your lender will want to factor this alongside your pre-approval. Pay in Cash There are numerous reasons why a seller decides to sell his or her property. Usually, however, money plays a huge factor. This is why sellers prefer cash payments as they get their hands on money faster. It seems as if people have caught on as a report from The News-Press indicates that Florida leads the nation in cash sales, with Cape Coral-Fort Myers leading the way: Cape Coral-Fort Myers had the highest share of cash sales in the nation at 61.2 percent in June, according to a report released Tuesday by Irvine, Calif.-based financial data company CoreLogic.   Nationally, cash sales made up 33 percent of home sales in June, the lowest share since September 2008, according to the report.   Florida had the largest share of any state at 50.9 percent, followed by Alabama (48.1 percent), New York (44.6 percent), Kentucky (40.1 percent) and Nevada (40 percent).  Lastly, try to work with a brokerage, like Cape Coral Lots, that has experience in dealing with lots for sale in Cape Coral. A trusted broker can effectively save you time by suggesting lots that match your wants and needs, keeping you one step ahead of other buyers.   (Source: Cape Coral-Fort Myers leads nation in cash home sales; The News-Press; September 9,...

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Tips for Selling Cape Coral Real Estate

October 8, 2014 by:

It is no secret that real estate is one of the more popular investments people choose in order to get their money’s worth in the long-term. If you have several parcels of land and are considering cashing in on one of them, you’re in luck. There is a lot of demand for real estate in Florida, particularly from Canadians. The Financial Post reports: … Canadians spent $2.2-billion on Florida real estate last year, easily making them the Sunshine State’s No. 1 international buyer of real estate.   Canadians — most of them paying cash — were behind 31.6% of all international transactions, according to a report Tuesday by the National Association of Realtors for Florida.   There’s no country that even comes close to Canada when it comes to buying, with No. 2 United Kingdom accounting for 7% of all international purchases. Canada has been number one for seven straight years, cooling on Florida real estate after a 2011 peak but rebounding since.    Cape Coral did well as 10 percent of Canadian buyers bought property in the area. With warm weather throughout the year, it isn’t very difficult to see why the demand is so high—and this is something you can take advantage of. If you’re ready to sell some of your lots, here are a few tips to help make the process easier for both you and the buyer: Ready Your Documents It’s common sense to provide your Cape Coral, FL real estate agent with a copy of the title and land survey maps. However, you should also present a copy of your tax receipts. Don’t forget that real estate agents need to present these documents to prospective buyers, and that no one wants to buy a tax delinquent lot. If your land has a building permit, be sure to give a copy to your agent as well. Ask Your Neighbors In many cases, your neighbors make an ideal buyer. After all, they are already familiar with the lot and its boundaries. If they are looking to expand the size of their property or simply want to invest in land, they are more likely to pounce at the chance to purchase real estate so close to home. Work with a Pro It may seem similar at first, but selling a home is different from selling a lot. Find a Cape Coral real estate service, like Cape Coral Lots, that has experience in selling lots. These professionals are well-versed in the differences in marketing techniques, increasing your lot’s exposure, as well as your chances at selling the lot quickly.     (Source: Foreign buyers taking over — this time it’s Canadians in Florida; The Financial Post; September 9,...

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Cape Coral Surprises

October 7, 2014 by:

Top 5 Things That Might Surprise You About Cape Coral… While you have definitely heard about Cape Coral and you might already be thinking of visiting, there are some interesting facts about the sunny retreat that you might not know yet, facts which this article aims to talk about. Without further ado, here we go: 1. The municipality, founded in 1957, was developed as a master-planned and pre-platted community. What the former means is any community carefully planned from its very inception, constructed typically in previously undeveloped areas, unlike townships that developed ad-hoc. As another fun tidbit to know and an interesting comparison, Washington D.C. is also a master-planned community. A plat is a map, drawn to scale, that shows the divisions of a piece of land. Such plats show subdivisions into blocks, with streets and alleys. Reasons for platting include designation of roads, ensuring that all properties have access to such roads, splitting land for other public use, such as parks or areas for flood protection and access for all properties to public utilities. Waterfront Cape Coral Real Estate 2.Over 400 miles of navigable waterways, Cape Coral is known as a “Waterfront Wonderland” and has more miles of navigable canals than any other city in the world, including Venice, Italy. Actually, Cape Coral’s canal system is so extensive that local ecology and tides have been affected! Some of the canals have access to the Gulf of Mexico and also provide many residents with waterfront living. These extensive waterways are contained in Cape Coral’s total area of 120 square miles (310.8 square kilometers), with 91% of it land and 9% water. The total area size makes it the largest city between Tampa and Miami, Florida. 3. Out of 365 days in a year, Cape Coral averages 355 days of sunshine. Perfect weather is practically guaranteed in Cape Coral, with temperatures averaging between 85°F (29°C) and 65°F (18°C). Such great weather classifies Cape Coral with having a subtropical climate. 4. While starting out as a community for retirees, residents under 25 now outnumber those over 65. In its starting years, Cape Coral was known as a community with many retired residents. This changed with the population and construction boom in the 1990s, which brought in younger families and professionals. Now, more than 60 percent of the population is between the ages of 15 and 64 and Southwest Florida’s 18-24 age group is growing at a faster rate than that of the state of Florida and even the entire United States. This makes Cape Coral both a young and dynamic community, and one for total relaxation and bliss. Cape Coral Florida Real Estate 5. Following the 2006 real estate bust, you can afford a house in Cape Coral. Cape Coral was considered to be one of the largest real estate and building booms in the entire United States of America. When the crisis came, the city was listed number 1 out of top 25 foreclosure cities in the United States and for this reason, a lot of properties became available at highly discounted prices, making them great for an investment. Foreclosures in this Cape Coral market quickly adjusted property values back down to a level that the city had not seen in many years, making that in late 2009, a new home could be purchased for under $80,000, more than a steal and under a total...

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