Number of Residents in Cape Coral

Cape Coral has seen the highs of the growth engine of SW Florida to the exodus of many of its residence. This morning ready the News-Press the article was talking about the numbers. I realize that with counting the residence of Cape Coral things are always after the fact.

The graph in the New-Press shows the increase. I don't think it shows the ones that left town. They just left.

We talk about the 1000's of homes being foreclosed upon. Well, they are real people who have been caught in the economic down turn and have had to leave the area to find employment to feed their families. They are not counted in the unemployment rate. They haven't registered. They left. I don't know how you would even count the "invisible" or deduct as the case may be. That is the reason bridge tolls are down. Lots of people have left. That's the reason local business has been struggling. The numbers of citizens have declined. That is why we have had thousands of foreclosures. Those folks aren't living here anymore.

Here is the good news. The numbers I reported of sales for the past two months and pendings indicate that those people who left are being replaced with people that have been dreaming about coming to Forida and Cape Coral and finally can afford the jump. These homes are being purchased by real people that are end users and will help our economy come around again. This isn't a overnight process but the process started last Jauary and is picking up steam. YEAH! Keep the faith. We are coming back,