Cape Coral-Fort Myers showing signs of the start of a recovery
By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
Historic Distric of Fort Myers IN South West Florida and particularly in Fort Myers-Cape Coral our appreciation rate in 2004-2005 just went through the roof.I think it was around 47% for these 2 years and now its easy to see that the Lee County real estate market was steaming up to strongly. The problem seems to be almost national.There are a few exceptions like Asheville I heard. The more it went up, the more it is falling.Las Vegas was next to us then as one of the top cities in the USA with the strongest appreciation. These were the days! Actually I wish it didn't go up so fast and so high. Historic Distric of Fort Myers We have been readjusting our prices since the end of 2006 and we are selling about 70-90 properties a day for around 170+ new listings a day in Lee County. It...
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