Cape Coral and Southwest Florida Feature Stories

The Up Side of a Down Market - Cape Coral Real Estate

Cape Coral Real Estate

In the midst of great crisis lies great opportunity.

Over the past two years, the Cape Coral/Fort Myers area has shouldered some of the worst economic news in the country. We've consistently been leading the nation in the amount of foreclosed properties. The entire construction industry has been rendered virtually jobless. Businesses relying on the influx of cash the real estate boom was lining the pockets of their customers with have gone belly up. Many homeowners and investors found themselves upside-down in mortgages they couldn't afford, and they've simply walked away from the houses they owned. Renters who pay their landlords on time every month are being evicted because the landlords have been keeping the rent and defaulting on their mortgages, and now the banks are foreclosing. And, now, some Lee County residents are suffering through sulfur-scented homes, failing air conditioners, and possible health risks because unscrupulous companies installed defective Chinese drywall in their homes during the housing boom.

Yet, for anyone who's ever had the dream of buying a home in Southwest Florida...your prayers have been answered. Southwest Florida real estate is trading hands at prices no one would have ever predicted just a few short years ago. Cape Coral and Fort Myers houses and condos are selling at prices this area hasn't seen since the 1990s.

Here at the Cape Coral Barometer, we know that many of our readers are among those looking to buy property in South Florida. You've told us you want more information on the current real estate climate in Cape Coral and Fort Myers, and we've been listening. We're proud to announce that we've added a seasoned real estate expert to our team. Allow us to introduce Deborah B. Smith, a local Realtor® at ©Gulf to Bay Sotheby's International Realty®:

Sanibel and Captiva Real Estate For Sale by Deb Smith"Allow me to introduce myself. My name is Deborah Smith and I am a Real Estate agent on Sanibel Island in Florida.

I've been a Lee County, Florida resident with a Florida real estate license since 1992. I've worked on Sanibel and Captiva since 1993. As a local area expert with knowledge of the surrounding communities, my objective is to work diligently to assist all my clients in meeting their real estate goals.

I specialize in all types of beach area properties from waterview and waterfront houses and condominiums to beach cottages, second and retirement homes. I am also a local expert on the fabulous vacation condominium units located at Ocean's Reach on Sanibel Island. I pride myself on making each client's real estate experience a successful one in every aspect of the transaction - from representation and negotiations, all the way through to a successful close.

I am also intimately familiar with the real estate markets of the surrounding areas. I'd be happy to represent you for your Pine Island, Fort Myers, and Cape Coral real estate needs, as well.

If you've been sitting back and watching the Lee County real estate market, wondering when to make your move and buy the home you've always wanted...you probably already realize that time has finally arrived. We are in a unique situation here in Cape Coral and Fort Myers, and there's no telling how long real estate prices like these will last, or if we'll ever see costs this low again. Even if you're planning on retiring a few years from now...you may save money in the long run by buying right now, while the market is still in your favor.

You can search through all the wonderful real estate deals listed in the Fort Myers and Cape Coral MLS without even leaving this website by CLICKING HERE . Sign up for an account and you can save your favorite listings, and even have all the new listings that fit your search criteria emailed to directly to you as they come on the market.

Or visit my real estate website (newly redesigned by the wonderful staff of the Cape Coral Barometer) at http://www.swflhomes4u.com .

I will be regularly appearing here on the Cape Coral Barometer website to answer your real estate questions as the Cape Coral and Fort Myers real estate markets continue their correction. Contact Me with any real estate topics you'd like to see addressed, and I'll try to get to as many of them as I can.

My reputation and business have been built on connecting my clients with their dreams and goals. Let me help you make your dreams become a reality."

-- writing and photography by Eric Taubert

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