John Reay 239-214-0750 |
John Reay - "April Sales Stronger than March! Best Numbers per month in two years in the Cape Coral Market!" |
The forecast for the real estate market in Cape Coral, FL for the remainder of 2009 is Extremely Solid. The real estate market in the Cape Coral area has been seeing tremendous increase in number of properties changing hands. The overall numbers for April were 677 homes sold in Cape Coral in one month, with March sitting at just over 600. We see the market continuing to stay solid and strong. With our exclusive forecast model based on the previous 25 years of home sales in the area we are looking at a forecast market at or above the rate of volume we haven't seen since, 2005 and 2006. So home buyers need to have every advantage in the market to make their home purchasing goal a reality! Contact our team and we will aggressively fight to get you the home you desire! Home Values are starting to creep up again! Sellers will be happy to see that the home values are starting to increase at a normal healthy rate, we have seen median values and price per square foot, increase in the Cape Coral market now for three months in a row. Average normal price per square foot is at $109 per square foot. Although this is not the same for waterfront premium access lots. You will still be paying higher amounts for them $170 - $190 a square foot are not uncommon in the prime locations. Primarily you will find these lots are waterfront canal lots on the East side of DelPrado. Buyers should not wait any longer than needed as the bottom of the market was seen in January of 2009! Lastly home sellers who are just testing the market, and how to stay out of their traps. Every year there are a hand full of sellers, who are at the top of their price range, very hard to deal with on the phone, and some worse still are even this way in person. Beware of the sellers that are this way, usually they are selling the home 30% above whatever the market is, and most times are not in council with any professionals about the sale of their home. These types of sellers are what I call crab traps, they put the trap out there and wait for the bait to be taken and then they attempt to take advantage of the situation by hard selling their home on sheer words. Often I hear about these after they have money tied up in the deal and the home appraises for only about 68% of the asking / contract price. And worse yet most times this money for deposit is already in the hands of the seller. All because both parties are trying to save, funny enough the same 6% so, on top of the sellers asking more than they are ever going to get for the home the buyer offers under by that 6% so really. The two parties end up 12% away when negotiation starts, and the buyer if financially able to, ends up overpaying by 32%. The bottom line is, if you have a Realtor Agent that is reputable and has been working their butts off for you, use them on any purchase! If you haven't found an agent that has made you more money than you could do on your own, then call my team and lets start you in the right direction! Call me John Reay 239-214-0750!
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May 2009
May 05, 2009
John Reay & EXIT Realty Sunrise - Cape Coral is second to lowest Crime City in Florida!
| Cape Coral's Premiere Listing Expert! JOHN REAY - (239) 214-0750 | |
The City of Cape Coral registered a 9.4 percent reduction in overall crime in 2008 based on numbers released by the Florida Department of Law Enforcement.
Cape Coral dropped from 5,976 total index crimes in 2007 to 5,417 index crimes in 2008, said Connie Barron, police spokeswoman.
Index crimes are the major crimes reported on the Uniform Crime Report.
These crimes include murder, forcible sex offenses, robbery, aggravated assault, burglary, larceny and motor vehicle theft.
The overall index crime rate for Cape Coral is 3,271, which ranks the city as the 2nd safest in Florida for cities with populations of more than 150,000, Barron said.
When compared to cities with populations of 100,000 or more, Cape Coral ranks as the 4th safest city in Florida, Barron said.
An index crime rate is calculated for the number of index crimes per 100,000 residents. Cape Coral’s population in 2008 was 165,774.
“While we want to protect all of our citizens from becoming victims of crime, we realize that a city as large as Cape Coral is going to experience criminal activity,” said Police Chief Rob Petrovich.
“Being able to affect a decrease in overall crime this past year is positive news for our residents and demonstrates our commitment to working together as a community.”
The index crime category showing the largest decrease was motor vehicle theft, which dropped 27 percent, from 304 to 222.
Forcible sex offenses decreased 22 percent from 41 to 32, and aggravated assaults also registered a double-digit decline of 11.6 percent from 259 to 229.
Burglaries dropped 8.8 percent from 1,483 to 1,352, while larceny decreased 8.1 percent.
The only index crime category to show an increase was murder, which went from five in 2007 to seven in 2008.
“I am very proud of our law enforcement team and the job they do every day to keep our citizens safe,” said Chief Petrovich.
“The City is facing tough challenges from a budget standpoint. Our ability to continue to deliver the highest quality services and continue to be proactive will rely on maintaining staffing levels, and properly training and equipping our police force.”
Cape Coral’s index crime rate of 3,271 is the lowest since 2005, Barron said.
Only Port St. Lucie was lower in the FDLE rankings populations of 150,000 or more. Coral Springs and Palm Bay also had lower index crime rates in the rankings for cities with populations greater than 100,000.
