Cape Coral, FL Market Trends

 Cape Coral has been developing at a rate of 5% per year, making it one of the fastest growing areas in the country. According to reports from May, 64% of the sales in the Cape Coral-Fort Myers area were cash, placing it 2nd in the country, while the state of Florida is leading the nation in cash transactions with 53.4%. Although the market hasn't fully recovered yet, there are strong signs of an upward swing and there are still great opportunities before the full season hits. 

 We've all heard of "location, location, location" as the most important factor in real estate purchases, but one other important factor, if not the most important is TIMING. You can still lose money in a great location if you purchase at the wrong time, in a full blown sellers market with scarce inventory. One way of keeping track of trends and reading the market is to check new construction permits and sales of existing inventory. At the moment, there is an increase of both, leading experts to project a future increase in prices in the Cape Coral-Fort Myers area of 8% in 2016, another 8% in 2017 and 9% in 2018. The future looks bright for investors in the position to make investments at this point in Cape Coral Real Estate.

Cape Coral Real Estate

 Real Estate in Cape Coral-Fort Myers area is very diverse, from luxury high-rise condominiums to single family homes in gated communities, non-gated communities, waterfront properties and golf course developments. Spreading over 114 square miles of land, Cape Coral is the largest city between Miami and Tampa. 

Cape Coral Gated Communities

  Gated communities are a common sight in SW Florida and Cape Coral is no exception. Bella Vida is a community that is currently offering new construction by the reputable builder D.R. Horton. Cape Royal is home of a 27 hole Championship golf course, peppered with 22 lakes. Celebration Cape is a community oriented towards RV and boat owners, offering homes with acreage. Coral Lakes is a gated community that includes 429 single family homes spread out over 370 acres and includes such amenities as swimming pool & spa, tennis courts, soccer field, clubhouse and a fitness center. Emerald Cove is a mature gated community of 101 single family homes and includes gorgeous lake views on a third of the homesites. Leatherwood Lakes is a very desirable gated community located in Southwest Cape Coral that includes 5 lakes. Palmetto Pines Estates is a very private gated community constituting of only 26 home sites offering private access to the Palmetto Pines Country Club. Sandoval brings the Caribbean flavor into Cape Coral through the vision originated from the Bonita Bay Group. It features a 100ft waterslide, fitness center, volleyball, bocce, tennis, basketball, fishing pier, dog park, all while blending perfectly with the 20 lakes and the 2 mile park in the center of the community. Trafalgar Woods is an upscale, intimate community constituted of only 49 single family homes built on large land lots in Southwest Cape Coral. West Cape Estates is a new and luxurious gated community including gulf access homes and fabulous amenities.  

Cape Coral Non-Gated Communities

  Part of what makes Cape Coral great is the abundance of non-gated communities and the freedom to build custom homes in areas that are not encumbered by strict rules and regulations, high fees or restricted rental and pet policies. With the prices projected to increase over the next few years, now it's the time to secure desirable parcels for investment or enjoyment, whatever the case may be. There are gulf access lots, fresh water lots and inland lots and by the rate of growth Cape Coral has been showing in the last few quarters, the opportunities won't last long.

http://www.naplesnews.com/business/sizzling-southwest-florida-housing-market-is-about-to-get-hotter-ep-1120619236-330653971.html

Cape Coral Lifestyle

 Cape Coral encompasses everything it should be expected from the sought after SW Florida living: more than 400 miles of natural waterways, preserves, parks and natural reservations, lush golf courses, kayaking, fishing and boating, sunny beach and waterfront dining. There are many ways to enjoy the sun and the surf in Cape Coral, from the beach and restaurant at Yacht Harbor, to the vast Sun Splash Water Park, the shops and restaurants on Del Prado Blvd and downtown Cape Coral.

 For the ones who are planning of raising a family in an idilic and safe environment, Cape Coral offers many reputable schools like Southwest Florida College, Hodges University, Edison State College, ITT Technical Institute and the Kaiser Institute. Some of the other schools include Cape Elementary School, Pelican Elementary School, Caloosa Middle School, St Andrews Catholic School and the Cape Coral School.