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Old 06-08-2012, 07:00 AM
 
Location: Florida Space Coast
2,356 posts, read 5,090,600 times
Reputation: 1572

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Quote:
Originally Posted by mbirch1 View Post
The numbers can be very confusing. But as a realtor, I've seen prices go up something like 20-25% this year over last year in Cape Coral. Now that is for single family homes under about the $250,000 mark. Basically you can make numbers show anything you want. But I assume what you want to know is how much more or less you will have to pay for a home here. And that is the number. Of course, this area was the hardest hit when the bubble burst so the prices are only beginning to creep back up to a normal level. We are still under-valued in my opinion, and bargains can still be found. Prices on more expensive homes and condos have not increased as much. July is a great time to buy here. The 'snowbirds' are gone and not artificially inflating prices. And sellers are more motivated since there aren't as many buyers in the market. Hope this help!

I've went on zillow last night. I was specifically looking at Gulf access homes in the SW below beach parkway west of chiquita , the section south of cape coral parkway east of chiquita , and also the section above pine island below tropicana west of burnt store more than 2000 sq ft. and a very large percent had a price reduction at the end of may.
The avg price drop seemed to be 5%

There is definately a seasonality and by May if a house hasn't sold then the sellers of unsold homes seem to try to chase the market instead of pricing it right during season. personally if I was buying a house in SWFL I'd be looking in August/ september that's when sellers would likely be most anxious to sell. July is also usually a big month for foreclosure activity, don't know why but I'm sure it has something to do with banks clearing things off their books.
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Old 06-08-2012, 12:39 PM
 
13 posts, read 14,232 times
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Just read today in Forbes that Cape Coral was picked on one of the best cities in which to live for 2012
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Old 06-08-2012, 12:51 PM
 
Location: The Conterminous United States
22,584 posts, read 54,276,538 times
Reputation: 13615
Actually, it's on the list for best places to retire.
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Old 06-08-2012, 06:54 PM
 
Location: Cape Coral
5,503 posts, read 7,332,162 times
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1. (tie) Cape Coral-Fort Myers, Fla. - Susan Adams - Forbes
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Old 06-08-2012, 07:03 PM
 
1,299 posts, read 2,349,271 times
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Quote:
Originally Posted by newbieMD View Post
Just read today in Forbes that Cape Coral was picked on one of the best cities in which to live for 2012
They must be on DRUGS
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Old 06-08-2012, 07:19 PM
 
Location: The Conterminous United States
22,584 posts, read 54,276,538 times
Reputation: 13615
Quote:
Originally Posted by rikoshaprl View Post
I have to tell you regarding the jobs list that this reminds me of the year we moved away. It was 2005 and Fort Myers made some list that said there were lots of jobs. True, it was during the housing boom so beyond the tourist and retiree service jobs there were all of those construction jobs and the positive outcropping from that. But it made me kind of laugh inside because those wouldn't last forever and the other jobs didn't pay very well and were seasonal. Until they get a meaningful amount of corporations and other well-paying jobs, quantity is better than nothing but it isn't great. On the other hand, at least housing isn't through the roof like it was in 2005, either.
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Old 06-08-2012, 08:45 PM
 
Location: Florida Space Coast
2,356 posts, read 5,090,600 times
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Quote:
Originally Posted by hiknapster View Post
I have to tell you regarding the jobs list that this reminds me of the year we moved away. It was 2005 and Fort Myers made some list that said there were lots of jobs. True, it was during the housing boom so beyond the tourist and retiree service jobs there were all of those construction jobs and the positive outcropping from that. But it made me kind of laugh inside because those wouldn't last forever and the other jobs didn't pay very well and were seasonal. Until they get a meaningful amount of corporations and other well-paying jobs, quantity is better than nothing but it isn't great. On the other hand, at least housing isn't through the roof like it was in 2005, either.
The hiring outlook is great for construction jobs. Pine island is going to widened west of chiquita. Burnt store is being widened north of pine island. Utility expansion will be ongoing for the next 15 yrs. Then the commercial corridor along pine island to burnt store will take off like wild fire starting with a super walmart. Even if you're not a fan of walmart you ha e to appreciate all the construxtion that will develope around it.
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Old 06-09-2012, 08:52 AM
 
Location: The Conterminous United States
22,584 posts, read 54,276,538 times
Reputation: 13615
Quote:
Originally Posted by nhkev View Post
The hiring outlook is great for construction jobs. Pine island is going to widened west of chiquita. Burnt store is being widened north of pine island. Utility expansion will be ongoing for the next 15 yrs. Then the commercial corridor along pine island to burnt store will take off like wild fire starting with a super walmart. Even if you're not a fan of walmart you ha e to appreciate all the construxtion that will develope around it.
Construction is better than working at the tourist shop selling tchotchkes but it would be better if there were a few large corporations in the area. Chico's is good but they can't carry the entire area.
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Old 06-10-2012, 11:50 AM
 
13 posts, read 14,232 times
Reputation: 18
SW FL is certainly a more pleasant area in which to live than the area in which I live at present :

MEMPHIS, TN

I'll be accepting a position near there - it's certainly much better for us, than Memphis and close to Mississippi and Arkansas

On any list of "best" (to live, to retire, to work, to eat, etc etc) I really never see any city in west TN, eastern Arkansas
northern Mississippi, and rarely anywhere in Eastern TN either. Even one city in the state of ALABAMA sometimes gets a good
"ranking" - Huntsville !
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Old 06-10-2012, 04:02 PM
 
Location: The Conterminous United States
22,584 posts, read 54,276,538 times
Reputation: 13615
Quote:
Originally Posted by newbieMD View Post
SW FL is certainly a more pleasant area in which to live than the area in which I live at present :

MEMPHIS, TN

I'll be accepting a position near there - it's certainly much better for us, than Memphis and close to Mississippi and Arkansas

On any list of "best" (to live, to retire, to work, to eat, etc etc) I really never see any city in west TN, eastern Arkansas
northern Mississippi, and rarely anywhere in Eastern TN either. Even one city in the state of ALABAMA sometimes gets a good
"ranking" - Huntsville !
Really?

The metropolitan Knoxville area was recently ranked the "best place to live in the United States and Canada" among cities with a population of fewer than 1 million.

2012 - Knoxville named as one of ten fastest growing U.C. cities by ManpowerGroup.

2011 - Knoxville ranked in the Top 25 cities for economic security by Urban Institute. Source: Urban Institute MetroTrends Dec. 2011.

2011 - Knoxville named in Brookings Institute Report as nation's fastest growing area for "green" jobs. Source: Brookings Institute July 2011.

2011 - Knoxville ranked 5th on Kiplinger's "10 Best Value Cities for 2011". Source: Kiplinger July 2011.

2010 - Knoxville named One of the "Best Cities for New College Grads." Source: BusinessWeek Magazine August 2010.

2010 - Knoxville ranked 5th Top Metro for Economic Growth Potential. Source: Business Facilities Aug. 2010

2010 - Knoxville ranked 4th "Best City for Real Estate Investments." Source: Local Market Monitor Report, Wall Street Journal, Aug. 2010.

2010 - Knoxville ranked 6th on the list on "Top Ten Mid-Markets of the Decade." Source: Southern Business & Development 2010.

2010 - Knoxville ranked 8th on the "America's Best Places To Raise A Family " list. Source: Forbes Magazine June 2010.

2009 - Knoxville in Top 25 of Forbes Magazine's "Best Bang-for-the-Buck Cities." Source: Forbes Magazine Nov. 2009.

2008 - Knoxville ranked 4th on the "Best Cities for Relocating Families" list for Mid-Size Markets. Source: Worldwide ERC and Primacy Relocation May 2008

2008 - Metropolitan Knoxville named No. 10 on the "Best Places for Business and Careers" list. Source: Forbes Magazine March 2008

And on and on and on...

City of Knoxville - Newcomer Info

Memphis is an entirely different story. It's one of the most dangerous cities in the country with one of the worst school systems. I'm also closer to Cincinnati, Ohio and Charleston, SC than I am to Memphis. It's another world away as far as I'm concerned. Glad you are able to get out of that hell hole. I know many a doctor that did their residency there, though. Is that why you were there as well?
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