A British tourist caught (and released) this cute baby shark off Captiva beach last week. http://ow.ly/i/2iTYp
Posts from the ‘Real Estate Industry’ Category
Ran across this great article in the Mpls Star Trib about birding on Sanibel Island:
Forget shelling and beachcombing, shopping and sunset-watching, bicycling and boating, museum-hopping and dining al fresco in the humid Florida night. I did those things, and they were great. But by Day Three, all I really wanted to do was see a big pink bird.
Forbes reports Cape-Coral, Fort Myers will have the highest net job growth in the nation. Article here: http://ow.ly/gBlpD
Once again, Cape Coral is recognized as one of the safest cities in the state as well as the nation according to the 2011 FBI National Crime Report. In violent crime, Cape Coral is the safest in Florida. Local police take much of the credit. But there is another reason: the 400 miles of canals and therefore lots of dead end streets and nowhere to run.
ORLANDO, Fla. – Aug. 22, 2012 – Pending sales, closed sales and median prices rose, while the inventory of homes and condos for sale dropped in Florida’s housing market in July, according to the latest housing data released by Florida Realtors®.
Since May 2011, pending sales have increased every month for both existing single-family homes and for townhome-condo properties. In July, pending sales were up more than 42 percent for existing single-family homes and 26 percent for townhouse-condo units, compared to a year ago. Home prices are on the rise in many markets, while the inventory of homes for sale is down. Florida’s housing market is growing stronger and stronger.
Last month, the inventory for single-family homes stood at a 5.3-months’ supply; inventory for townhome-condo properties was at a 5.4-months’ supply, according to Florida Realtors. Industry analysts note that 5.5-months’ supply symbolizes a market balanced between buyers and sellers.
“We really need to recognize that over the past year, we have seen a market reversal, from a clear buyers’ market to a neutral market to one that is verging on a sellers’ market,” said Florida Realtors Chief Economist Dr. John Tuccillo.
From the Florida Economic Department of Opportunity, June 15, 2012: Today, the Florida Department of Economic Opportunity (DEO) announced that Florida’s unemployment rate continued its decline, dropping to 8.6 in May 2012 – the lowest since December 2008.
Additional positive workforce trends include:
- Florida’s number of unemployed fell below 800,000 for the first time since January 2009
- Florida’s unemployment rates have declined over the year for 18 consecutive months
- Florida’s unemployment rate has declined over the month for 11 consecutive months
- Florida’s job growth rate has been positive over the year for 22 consecutive months
Continue reading this article at the Florida Economic Department of Opportunity web site.
From the Tampa Bay Times, June 15 2012. To the snowbirds of Canada, the sunseekers of Europe and flight capitalists of Latin America, Florida sends you all a great big Thanks! for buying homes here in such abundance.
When it comes to international buyers snapping up housing in the United States, Florida property remains the runaway favorite. The state tallied 26 percent of international sales in the country, says a new National Association of Realtors report for the year ending March 2012.
“Florida has been the fastest-growing destination of choice,” states the Profile of International Home Buying Activity 2012. Canadian snowbirds have deep ties with Florida and remain eager to leverage Canada’s strong currency in buying deeply discounted property.
Continue reading this article at the Tampa Bay Times.
Forbes Magazine, June 2012
Cape Coral once again makes a top list of best places to live – this time by Forbes Magazine editors.
They rightly note that Cape Coral has more saltwater and freshwater canals that anywhere in the world. And they note the high quality air, great weather, and low cost of living. Yep, we could not agree more.
View the Forbes Article Here or pick up a copy of the June 15, 2012 issue of the magazine.
To learn more about Cape Coral or search homes, condos, and land for sale, follow these links:
The stars seem to be aligning for Florida’s tourism industry. It’s leading the state in creating new jobs since unemployment peaked in early 2010. In part because more tourists are showing up in Florida from farther west in the United States these days. Why? Tourist officials note more people in markets like Kansas City and Colorado are opting to avoid their typical fun-in-the-sun choice — Mexico — because of the sharp increase in violence there.
Read the full story here.
Another month of record heat and the Gulf of Mexico does not mean the tropics will be more active during hurricane season, said Brian LaMarre, a meteorologist with the National Weather Service. “Warm temperatures in the winter really have no correlation with hurricane frequency in the summertime,” LaMarre said. “It doesn’t really play a significant role on hurricane forecasting because what we do look at is the overall, large-scale weather pattern.”
April 2012, Money flows for Cape Coral properties – Special to the News-Press.
Cape Coral’s commercial real estate market is ringing up a sudden burst of major purchases after years of slumber. For example, Paradise Preserve, formerly known as Lochmoor Country Club, the sprawling project on the city’s border with North Fort Myers was bought for $3 million. Also, the U.S. Army paid $2.25 million for 15 acres in north Cape Coral for a training center expected to bring 300 reservists to the city each year to a $10.8 million training center to be built there.
The economic cycle that resulted in the turnaround hit all of Southwest Florida hard, but the Cape is in a better position now to benefit, Cape Coral Economic Development Office director Dana Brunett said.
Authorities say the sales reflect a new confidence by investors and builders that the worst is over for the city’s beaten-down commercial market, hit hard by the recession that followed the collapse of the home-building frenzy in 2006.
Read the full article here.