SW Florida Real Estate Information

• Sales are up 154% comparing the month of January to the month of December
• Inventory is down is 20% since January 1
• Normally this is a quiet time of year for real estate, but NOT this year
  • Comparing November 2007 to November of 2008
    • November’s Closed sales are up 144% above last year
    • Last November buyers were primarily in the $150 to $250k range
    • This November all the action is under $150k
    • Last year we sold 5 homes under $100k
    • This year we sold 188 homes under $100k
    • Of those solds this past November
      • 63% were foreclosures
      • 22% “regular” sales
      • 15% short sales
    • Foreclosures are getting the closest to their asking price (and multiple offer situations quite frequently)
      • Stats for all closed sales through November, 2008
      • Foreclosures 98% of list price
      • Short Sales 95% of list price
      • Regular Sales 94% of list price
• Looks like the bottom of the market is here!
  • Inventory is down
  • Sales are up
  • Interest rates are falling
  • It’s 77 degrees and sunny with a light balmy wind

What more could we ask for?

2008 Cape Coral's  German / International Christmas Market

If you haven't been to our Annual Event then you must mark your calendar!

My friend Elfie and I will be there serving our famous homemade Bratwurst with Sauerkraut, Schnitzel Sandwich with German Potato Salad, and more. We have so much fun and our customers love the food! So stop on by and see us! We will be located next to the EBC on Lafayette St in down town Cape Coral.

The Christmas Market will also offer German Bake goods, Cookoo Clocks,  Christmas Ornaments, German Wine & Beer and the famous "Gluehwine" a hot wine with spices! A visit from Santa, Raffle tickets to win a round trip to Germany , and the famous Shell Factory Waltzing Waters will be there too! This event is also in conjuction with Cape Coral's Annual Holiday Festival of Lights!

Christmas Market Hours:

• Thursday Dec. 29^th from 4-9PM
• Friday Dec 30^th from 4-9PM
• Saturday Dec. 1^st from 9AM to 10PM

NBC-2 CAPE CORAL: Southwest Florida is leading the nation in foreclosures. But in Cape Coral, experts say the market may be beginning to stabilize. Monthly home sales are way up and home inventories are way down. READ MORE

Wink News reports:

Exposing the "best kept secret in Cape Coral": A non-profit has money to help people get into homes but not enough people to help!

SWFL ready to bounce back from recession: SOUTHWEST FLORIDA - Despite a steady stream of negative economic news, a national magazine is positive about the future for Southwest Florida.