Competition is really heating up in the southwest Florida market. During a recent buying tour with an out of state client, we encountered multiple offers on nearly every property that we placed offers on. My client, like many others, was looking to pick up a great second home at a very good price. Not very difficult you might think, considering the number of homes for sale in our market.Once we waded through the overpriced listings and discarded the short sales (short on sales, long on time!) we came to the bank or corporate owned homes. Now my buyer thought that just because of the economy, he could lowball offers because no one is buying right? How wrong could he be, as I mentioned there were multiple offers on nearly everything he wanted. He really wanted something to buy and was get... 03/18/2009

Today my phone and email conversations with a Mortgage Loan Adjuster, Loss Mitigation and Prime Liquidation officer with Wells Fargo Home Loans came to a very positive result. Joe I will enter all the information you have supplied me and I will have an approval on your Bank Short Sale within two days. Maybe even as early as tomorrow on your Bank Short Sale. Congratulations on all your hard work !    I specialize on Bank Short Sales, Loss Mitigation and Purchasing Waterfront and Foreclosure Property. Now is the time to avoid foreclosure on your credit report and working toward a loan modification or doing a bank short sale and getting that home debt off your back. If you are behind on your mortgage and your to far behind and your bank will not work with you on a loan modification? Then I... 03/17/2009

I would like to share with all my readers, a few pictures of the Bank Owned homes I was out showing to my Clients and their friends this morning. We looked at six bank owned homes prices from 100,000 to 150,000 out the six homes three of them where located on a freshwater canal system that runs for about six miles and leads into two lakes. My clients and their friends where amazed at the nice kitchens with granite counter-tops ! A couple of the homes had a very large cover lanai with room to entertain the largest of Familys. here are a few pictures of the homes we viewed today!          So you would like a nice kitchen? Maybe you just have to add appliances? Maybe not!              So you would like a cover Lanai? Maybe a brick pavers pool deck ? View Down the canal too? Todays foreclo... 03/17/2009

Homes, Condos and Waterfront properties. Foreclosures and ShortSales. Vadala Realty of Cape Coral Florida handles all types of properties. We have 60 realtors on staff to serve your needs. We are a one stop shop! Check out some of our listings we are handling and if you don't see anything you like I have access to many others for this area. Vadala Realty's Listings   Call 239-898-2120 Speak to a realtor on duty. 03/17/2009

The February Cape Coral Home sales are out and they continue to be strong.   Other Cape Coral Market Statistics include: active home listings are as low as they've been in 27 months pending sales for the month are 594!!! closed sales for the month were 426 average selling price did increase substantially....but this might be a blip...will have to see what happens over the next month or two     Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".     Copyright © 2008 By Mike Canzano, All Rights Reserved. Cape Coral Home Sale – February 2009   03/10/2009

The number one question that I get asked as a Realtor is: When will the market bottom out?  I think I even hear that question in my sleep I'm asked it so much.  There are several indicators that will give you a good idea, but there is one major indicator that you should be looking for. That indicator is supply and demand.  Most experts will tell you that a healthy market has 2- 4 months of inventory.  I live in Fort Myers, FL.  We have seen our ups and downs in the real estate market in the last 36 months.  At one point in late 2005 Fort Myers/Cape Coral was the fastest appreciating area in the US.  That number was a staggering 47%.  In the last 12 months we have been tagged as the foreclosure capital of the US.  At one point we had more foreclosures than anyone.  That includes Californ... 03/09/2009

Our company handles 100's of vacation rentals for the Cape Coral area. We have rent out every one we have to date. We are looking for more properties to put in our inventory for our protenial renters. Our company, Vadala Realty has a superior rental division for the area and clients appreciate our service. If you have a long term rental you would like us to find a tenant and manage, give our office a call at 239-214-2110 and ask to speak to Christina. Visit our website to see all the features and options we offer here in cape coral florida. Real estate sales have been tough so we not just rent it out for income. Free no obligation quotes! Vadala Realty 1211 Miramar Street Cape Coral, Florida 33904 239-898-2120 Toll: 800-645-1974 02/22/2009

Foreclosures rose again this month making some nice inventory for buyers to choose from. Vadala Realty of cape coral handles 100's of homes, condos and lots for quick sales and liquidations. Our office has 60 full time Realtors working every day with buyers searching for 2nd homes or investments. Our website has valuable information for the area: www.sellcapecoralflorida.com We also have a large supply of vacation homes for rent. Our rental division is one of the best in this area. We also manage office and retail space as well.  Give us a try. You won't be sorry. Vadala Realty 239-892120 Toll free: 800-645-1974 02/20/2009

 Cape Coral Florida Real Estate in Southwest Florida.  Joe Kendall, Realtor with Sandals Realty. Joe is you're Neighborhood Realtor a Listing Agent, Marketing Home Buyers to Cape Coral Florida. I write all about the Waterfront Lifestyle.  The Cape Coral Florida Real estate market is heating up bring multi offers on many properties. The foreclosures and bank short sales are bringing new home buyers coming onto the market everyday looking at buying a waterfront vacation home. The interest rates are at an all time low, many home buyers are moving their money out of the stock market, selling CD'S and creating cash to buy a Florida vacation home. Many  home buyers from around the Country and outside the United States are looking toward Florida as a hot bed for great waterfront property at ro... 02/19/2009

I had an opportunity to show this Cape Coral Gulf Access Home today.  I’m just amazed at current pricing and the great values that exists.  In this case this home was being sold by a seller that could sell.  No having to look for Lender Approval with a Cape Coral Short Sale or multiple offers with a Cape Coral Foreclosure.  This home also included the adjacent Gulf Access Lot.  The asking price was below $380,000 which when you consider it includes an additional buildable lot is a great value.    Take a look for yourself. 02/18/2009

The January 2009 Cape Coral home sales numbers are out and once again more than 400 homes were sold in the month.  If these numbers hold steady we can expect to see more than 5000 home to sell in Cape Coral in 2009.     Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 02/17/2009

Cape Coral real estate is moving. You really don't want to miss the boat here. We have about 5-6 months of inventory in Cape Coral right now. That puts us in a 'normal' market. Many of the bank owned properties are actually selling for ABOVE list price. This is because we have so many people searching for Cape Coral real estate from all over the country & world! When something really great comes on the market priced right the listing agent can expect 5-10 offers in the first couple of days. The seller will usually counter all of the offers back with 'highest and best'. From there some buyers will move on but others will up their offer and stick it out. One buyer will end up buying that great Cape Coral house! If you'd like to be notified of listings as soon as they become available it i... 02/16/2009

        Joe Kendall Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, this past weekend I was out showing gulf access waterfront homes in Cape Coral Florida to one of my clients, I thought it would be neat to show some of the dockside locations! These are all gulf access waterfront proprieties with many of these homes are currently bank owned.  These dock locations are truly as different as the styles, types of homes and the locations on the waterways. Prices start around $179,000 for a gulf access waterfront homes! Cape Coral Florida has over 300 miles of gulf access waterfont property for the avaid boater looking for a gulf access waterfront home in sunny Florida. Cape Coral offers the best prices on gulf access properties on the entire gulf coast of Florida.... 02/16/2009

I couldn't agree more with the second respondents statement attitude about "who is this NewsPress and why are they spending our money"    What a diatribe I'd written last week in response to this article in favor of the Utility Expansion Program...Here's the pro project article from last week and the responses. http://www.news-press.com/article/20090206/OPINION/902060314/1015/opinion  I'm really glad I didnt post it, seems like the council read my mind thru telepathy!! Now this week we get this!    It's like a game of ping pong....ping.....pong....ping.....pong http://www.news-press.com/apps/pbcs.dll/article?AID=2009902100385 this article talks about how it's NOT a good idea to move utility expansion forward for now (a sentiment I share personally)  and of course someone's got to say it... 02/11/2009

Write for people not currently looking for a home A real estate blog must combat audience churn and attract readers not yet in the market for a home. If you write only about home buying and selling strategies or your new listings, you will have a tough time building a longer-term audience. Readers will lose interest once their transaction is complete. People not yet in the market won't be interested in your blog at all. To build an audience that stays with you, cover topics outside of the home transaction sphere. Write about home improvement. Highlight cool things to see and do your community. If you pique the interest of homeowners who are not yet looking to buy or sell, they will be much more likely to turn to you when their time comes. After all, you will have been conversing with th... 02/10/2009

                       Joe Kendall, Realtor with Sandals Realty, a Waterfront and Foreclosure Specialist writes, I just wanted to share with all my readers this Bank Short Sale luxury 2 story home with over 4,300 sq feet of living area under air! I showed this home to one of my clients clients over last weekend, this luxury gulf access waterfront home on a huge  waterfront location with direct access was offered for sale in 2007 for 2.8 million, the seller has recently taken a $100,000 price reduction and now is at $1,399,000 with the bank waiting on a buyers offer.        This bank will give a reply on a bank short sale within 5 business days! This is very fast, normally in today's market can take up to 45 days just for a reply from the bank. The bank foreclosure real estate market in ... 02/09/2009

             I Just wanted to share with all my readers a wonderful bank owned waterfront home I have just recently closed for one of my clients. We looked at 10 waterfront homes under $165,000 and they realy enjoyed the large water view of this home. This home is located at 613 Rutunda Parkway, Cape Coral Florida and was a bank owned foreclosure property on a 151 foot wide canal with a boat dock on a great waterway and it was closed the last week of Janurary 2009 for $132,500.00 Now is the time to buy a bank owned waterfront foreclosure ! The selection, price and location has never been better! Talk to Joe, he has the Midas Touch ! He finds the best waterfront deals!                              Bank Foreclosures, Bank Owned and Bank Short Sales are leading the way in Closed sales in s... 02/03/2009

Just a brief update on current inventory,some people seem to think that realtors have rosey colored glasses or make things seem better than they really are.Any sign of a decrease in numbers of homes listed for sale in Cape Coral should be considered a good thing. We all want to see some evidence that things might be showing signs of improvement no matter how small it is as I am sure you feel the same as I do that  I am sick of my property continuing to drop in value at some point in time that has to stop. Between Dec 10th and Jan 10th 2009 our active single family housing inventory for the Cape was at 3924 homes.This is far less than it was at the beginning of last year when it was over 5000.We had over 900 properties go under contract in the same month. Active inventory as it stand on ... 02/03/2009

How to Get the Best Price Possible On a Cape Coral Home Part I Before you start making offers, it is extremely important to know the right way to negotiate the price on a home. Offer too little and you will not only have your offer refused, but potentially anger the sellers. Offer too much and you will end up paying more than you should have for your home. Let me take you step by step through the process of negotiating the best price on a Cape Coral home.   Step 1 - Do a Comparative Market Analysis (CMA)   If you have located a home that you are interested in, the first thing you need to do is determine what the home is actually worth. CMAs compare a property to similar properties that have sold in the area. With a CMA, you can tell if the asking price for the home you are considering i... 02/02/2009

Bonita Springs Florida Tweetup This Week! If you're in Lee or Collier Counties and want to meet some local twitterers stop by the *spanking new* Survey Cafe on Wednesday. You can RSVP right here:  http://upcoming.yahoo.com/event/1755403/?ps=5 The Survey Cafe is small. If our group gets large we should give them fair warning so please RSVP. If you're a Blogger, Twitterer, Dog Catcher, Librarian, Nurse, Unemployed or an Active Rainer, you're invited.   See You Wednesday! When:  February 4th Where:  Survey Cafe, Old 41 Bonita Springs, Florida Time:  1:00 p.m.  Reposted with permission from Bonita Springs Real Estate Guru Chris Griffith 01/31/2009