I had an eye opening 4th of July. One of my friends asked if I had seen the Forbes article on where the wealthy were moving? I said no. She said the rich are moving to Lee County and Collier county. WOW! I decided to do my own research and checked out how many over $1,000,000 homes have sold in the past 3 months. Are you ready? According to the state site there were 103 homes SOLD in Lee County. WOW again!
It seems that the sales are spread evenly among Cape Coral, Fort Myers, Sanibel and Bonita. 
They are moving to be taxed less. We all know the story of New York taxes being outrageous. Also no income tax is a huge draw. Apparently the wealthy are heading to sunshine and palm trees.
Long time resident of Cape Coral, Fl. Living the paradise dream. No snow or ice here. Search real estate on our site. Deals, Deals, Deals. Foreclosures and Short Sales.
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