Tagged : cape coral

Found 12 blog entries tagged as "cape coral".

There’s been a lot of talk about the new tax laws and how they’re going to affect home values over time. But while the news has been taking a mostly pessimistic angle,

it seems like most experts are unconcerned about home values declining over time. According to the most recent Home Price Expectation Survey (HPES) from Zillow and Pulsenomics,

which surveys 100 of the country’s top economists, housing market analysts, and real estate experts, here’s what was revealed:

Fifty-nine percent of panelists said the Tax Cuts and Jobs Act (which was put into law in December 2017 and changes the way homeowners claim deductions on their taxes)

either gave them a more optimistic outlook on the five-year forecast for home values in the US, or didn’t

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After the housing crisis of 2008, many homeowners found themselves “upside down” on their properties, with their mortgage balances significantly higher than the value of their home.

According to Zillow, negative equity in the US peaked 31.4% in Q1 of 2012, meaning nearly one-third of all mortgage holders in the US owed more on their homes than it was valued.

But luckily, the housing market has rebounded from the housing crisis, and homeowners have almost completely regained equity in their homes.

According to CoreLogic’s most recent Home Equity Insights report, in Q4 of 2017 only 4.9% of all mortgaged properties had negative equity, with the number of homes with negative equity dropping

21% year-over-year (from 3.2 million homes to 2.5

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The Great Recession was one of the most challenging times in US history. The US lost nearly 9 million jobs, unemployment nationwide hit an astounding 10%, and housing prices fell a whopping 33%, causing American households to lose of $16 trillion dollars in net worth.

But luckily, the economy started improving in 2010. The GDP grew an impressive 19% from 2010 to 2017, and the economy added jobs for a record-breaking 88 consecutive months, recovering all the jobs lost during the recession. Not to mention, unemployment fell to 4%.

But one area that was a bit slower to recover was home values. Many homeowners who lost a significant portion of their home’s value in the recession have been hesitant to sell—especially if they purchased their home when

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Cape Coral Waterfront Property: What Are Those Jumping Fish, Anyway?

Hey, what are those jumping fish in the canal? As a long time resident of Cape Coral, I've been asked that question fishing_cape_coral_144more times than I can count. If you are interested in Cape Coral waterfront property or off water Cape Coral homes, chances are pretty good that you have an interest in fishing as well. For those of you who still don't know what those lively jumping fish are called that grace our saltwater canals (or how to catch them), this article is for you. Oh, and don't worry, we'll cover the other fish too.

There's Great Fishing in These Waters!

Because Cape Coral's extensive canal systems (over 400 miles) include both freshwater and saltwater canals, as well as lakes, there

36,267 Views, 2 Comments

Cape Coral Property....Making it More Energy Efficient

With the rising cost of fuel making everything we consume more expensive, it's more important than ever to make your Cape Coral home as energy efficient as possible. Not only will you save money on your monthly utility bills, but there are numerous federal tax incentives for residential home owners who make certain upgrades and install energy saving appliances. Most of us have noticed the Energy Star logo when shopping for a new washer, dryer, or water heater, but what does it really mean? Here's the savings breakdown along with available tax credits, up to date as of 2011.

Energy Tax Incentive Breakdown

Home Envelope Credits - Sealing cracks and holes in your Cape Coral home will ensure even

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Florida Home Owners Insurance...Step By Step Savings Guide

 

If you are ready to invest in Cape Coral property, you definitely need the inside scoop as far as homeowners insurance goes. A Google search online brings up numerous websites, many of them completely useless as far as detailing exactly how to save on Florida home insurance.

Being in the real estate business, we've walked countless home buyers through the homeowners insurance process, so we've decided to let you in on this information by offering home insurance savings information, especially for Cape Coral properties and the Greater Fort Myers area.

How to Save on Florida Homeowners Insurance

Although no one really likes to think about hurricanes, that is exactly what insurance

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 10 Ways to Turn Off a Homebuyer

So, you're thinking about listing your Cape Coral property and you're scouring the Internet to find ways to increase the value of your home. Of course, you realize that every homebuyer is unique, so you're attempting to cover all your bases. Hold it right there! Yes, stop...Take a deep breath and read the following information. This may come as a huge surprise, but the top 10 things on our list of "homebuyer turn-offs" are pretty simple, yet are among the most overlooked. Maybe it's the "can't see the forest for the trees" mentality, who really knows, but time-and-again the following ten turn-offs have come into play with Cape Coral property sellers. Let's take a look:

Top 10 List of Cape Coral Home Sales Killers

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Cape Coral Waterfront Properties...Hot as the Fourth of July

Have you been thinking about investing in Cape Coral property? Perhaps you are visiting beautiful SW Florida and realize what a slice of paradise our little corner of the world truly is. If fishing, boating, or spending time in the sun is your passion, now is the time to consider investing in Cape Coral waterfront property. Prices and interest rates are low and luxury and pool homes are still available. While you are here, take advantage of the holiday weekend and enjoy southwest Florida’s July 4th celebrations. Don't forget to take time to browse some prime Cape Coral real estate. There is plenty of time for both.

The Main Event: Red, White and Boom!

The spectacular party and fireworks

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Cape Coral Property: Uncovering Unethical Real Estate Practices

 

The "marketing technique", and I use the term loosely, of bait-and -switch or other unethical, shady practices have been around since the first person ever decided to exchange currency for goods. In the world of Cape Coral real estate, unethical tactics usually take the form of amazing deals that sound "too good to be true." Unfortunately, many a naive home buyer has fallen prey to these schemes, so we're going to break down the mentality behind a few of them today. Ready for the excitement?

Cape Coral Real Estate Tactic #1: The Bidding War

Okay, so we've all heard the term, "If it sounds too good to be true, it usually is." Do yourself a favor and take that statement to heart. Cape

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