Nice 3 bedroom 2 bath gulf access home in the Yacht Club area of Cape Coral. 3 bedrooms/2 bath, 1497 square feet. A foreclosure listed at $167,900.

The Cape Coral Yacht Club is the oldest section of Cape Coral, Florida. In early morning, you may watch Fishermen wheadking for the pier and and thier boats drift by on the Caloosahatchee River. There is a small beach and the club itself. The Yacht Club Tennis Courts features 5 lighted tennis courts which are open to the public from 8am until 9pm Monday through Friday, and from 8am until 5pm on Saturday and Sunday. The pro shop offers tennis shoes, equipment, and gifts along with racquet stringing. Tennis pro staff is available on site for both private and group lessons.

Lloyd Nichols

Realtorlloydn@aol.com

Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com Search the MLS in Southwest Florida
Listingbook: http://lloydnswfloridahomes.listingbook.com

2.9.10

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• 47 new Residential listings, 33 went under agreement, and 16 SOLD!!!

1.20.10

• 48 new Residential listings, 28 went under agreement, and 17 SOLD!!!

Looking for a piece of PARADISE? Now is the time to buy!

Deb Cullen, CRS, GRI, ABR, e-PRO, SRES, RSPS, SFR

Century 21 Sunbelt, Cape Coral, FL

239.233.2322

deb@CapeDeb.com

check out www.CapeDeb.com for more

The Cape Coral/Fort Myers area was recently recognized as being one of the top 10 most affordable housing markets in the world, according to an international survey.

The survey originated from Demographia Inc., which ranked Cape Coral/Fort Myers seventh in the world.

Lee County was behind some of the most economically depressed areas in the nation, including Detroit, Flint and Lansing, Mich.

According to Realtor statistics, the median home price in the greater Lee County area was between $89,000 – $90,000 in December 2009.

A total of 1,340 homes were sold in that month, an improvement of more than 300 homes from December 2008.

Realtors on both sides of the bridge are not surprised by where Cape Coral and Fort Myers ranked on that list.

They say now is the time to buy, especially if you’re someone who’s looking to stay in the new home for three to five years.

“It’s extremely affordable right now,” said Christie Knight, president of the Realtor Association of Greater Fort Myers. “We strongly believe our momentum will increase because of the extended tax credit for first-time home-buyers, and because interest rates are historically low. We feel very confident.”

The inventory of existing homes has decreased year over year, and Realtors are feeling optimistic about 2010.

Most feel the bottom has already been hit, and there isn’t anywhere to go but up, though a new round of foreclosures is expected to hit the market sometime soon.

Paula Hellenbrand of Encore Realty and a former president for the Cape Coral Association of Realtors said the number of foreclosures is deceiving, and that many of those properties are “evaporated” before they ever hit the market.

She added that now is the time for first-time home-buyers to seek out that dream home, as not only has the tax credit been extended, but companies like Fannie May are instituting 15-day waiting periods for owner occupied properties so home-buyers are in direct competition with investors looking to flip properties quickly.

“Our inventory is at a healthy level,” she said.

Source: Cape Coral Daily Breeze

Located in the Southwest area of Cape Coral, Florida. This is a 3 bedroom/2 bath pool home. Both the home and the pool are in good condition. 2 car garage. Asessements are paid. This is a foreclosure listed at $124,900.

Lloyd Nichols

Realtorlloydn@aol.com

Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com Search the MLS in Southwest Florida
Listingbook: http://lloydnswfloridahomes.listingbook.com