New homebuyers should start looking now

Starter homebuyers should begin looking for homes now. This is because listings peak in the Fall before dropping to a low in Winter, advises the Trulia property website. First-time homebuyers should ignore conventional wisdom about the Spring home-buying season, according to the Trulia Inventory and Price Watch. Starter-home inventory peaks in October and actually rises 7% in
Cape Coral Fall Homebuyer demand is set to be strong

Cape Coral has high Fall homebuyer demand

Cape Coral-Fort Myers has high Fall homebuyer demand. As a result, it is well above the national average for predicted home sales. The Metropolitan Statistical Area (MSA) has a rating of 123 in the Quarter 2 Index. This was drawn up by data specialist, ATTOM Data Solutions. The national average is 100. The data is
Miami Airport aims to attract more Asian flights

Direct Asian flights ‘to boost South Florida property demand’

More direct international flights, particularly from Asia, would provide a further boost to South Florida real estate. So says an industry professional. South Florida has always had a direct relationship between direct travel routes and real estate growth and prosperity, says Fabian Garcia-Diaz. Flights help create feeder markets for home buyers Today, a new wave
The longer-term outlook for rentals is bullish

U.S. rental market outlook bullish in long run

The United States rental market is bullish in the long run, says a top real estate website. Longer-term demographic trends should prove to be a tremendous tailwind for landlords and the rental market in the coming decade, says Zillow.com. Bullish rental demand The bullish rental demand is likely to be boosted by Millennials and Baby
Canadian snowbirds will be back in Florida

Canadian snowbirds won’t be deterred from Florida

Despite the impact of Hurricane Irma, millions of resolute Canadian snowbirds still intend to head south for the winter, say industry professionals. Robert Reiss of Winnipeg owns five properties in the state, and they all survived Hurricane Irma. He thinks Canadians will still make the trip south this winter despite the rough storm season. Florida

Pool demand in Cape Coral makes waves

Cape Coral is one of the hottest markets for pool construction, according to data from market intelligence specialist, Metrostudy. The city is the seventh largest market in the country, data from the Quarter 2, 2017 New Pool Index (NPI) shows. Compared with the same quarter of last year there has been a 7.7% rise in
Hurricane Irma

Hurricane Irma ‘won’t affect Florida real estate prices’

Florida real estate prices are unlikely to be affected by Hurricane Irma. That’s the view of a top developer. Billionaire developer, Jeff Soffer, says this is because most of all, people want to live in Florida. People want to live in Florida Mr Soffer says, “I don’t think real estate prices are going to get
More single family home permits are being granted

Significant rise in single-family house permits

The number of single-family house permits issued in August 2017 has risen significantly. Contractors pulled 178 permits to build single-family houses compared to 105 permits issued in July 2017 and 111 in August 2016, according to the Lee County Department of Community Development. Contracts valued at $35.7million Together, the value of the August contracts is around
Cape Coral has great growth potential

Cape Coral is top for growth potential

Cape Coral is top for growth potential, says a business website. The Waterfront Wonderland has a rich and supportive business environment that enables companies to grow quickly—and is also a paradise for the workforce, says Business Facilities. Cape Coral is one of the nation’s job growth leaders The Cape Coral MSA is one of the

Lee County attracts 1.3m spring visitors

Lee County attracted around 1.3million spring visitors in 2017, up 1.3% year-over-year, new data reveals. Of those, 853,000 visitors stayed in paid accommodations, a rise of 4.1%, while 476,000 stayed with friends or relatives. That’s according to the Spring 2017 Visitor Profile and Occupancy Analysis for Lee County Tourist Development Council. Spring 2017 visitors spent