| Why You Should Consider Cape Coral or Fort Myers As Your Next Home |
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If you are looking to invest in property then your timing is perfect since there are a barrel full of real estate bargains in Cape Coral and Fort Myers. Both cities are located within about 6 miles of each other, in Southwest Florida, right on the Gulf Coast of Mexico.
If you are looking to invest in property then your timing is perfect since there are a barrel full of real estate bargains in Cape Coral and Fort Myers. Both cities are located within about 6 miles of each other, in Southwest Florida, right on the Gulf Coast of Mexico. If you are looking for somewhere that offers both the quieter side of life, along with the occasional excitement, then you could do a lot worse than investigating these cities. Drive 2 hours north or east and you are in Tampa and Miami, respectively. 30 minutes south, down Interstate 75, and you are in the stunning city of Naples. The city of Cape Coral not only come with the feel of a warm, welcoming place of residence, but also with a plethora of activities to do when you feel like getting out. Downtown Fort Myers draws the interested locals and tourists alike with its thriving waterfront district and art walk, bringing culture, entertainment and history all to one vibrant location. Sports fans are also in heaven, with the Boston Red Sox using Fort Myers as their spring training ground in the baseball preseason. Football and Basketball fans also can find exciting matches at any of the surrounding fields where Florida Gulf Coast University teams lock horns regularly. In the years leading up to the property value peak in 2006 home owners couldn't get their hands on the properties in Cape Coral and Fort Myers, which drove up prices too quickly. As quick as the property values went up, they also came tumbling down when the country's economy took a hit. This meant thousands of home owners were upside down on their mortgages and a large percentage of them went on to have their homes repossed or sold as a short sale voluntarily. This has meant great news for people who are looking to buy property now since house prices are as much as 50% lower than they were in 2006. Recently we have seen signs of recovery in the area, and tourists have started to come back to enjoy the sunshine and lifestyle. In March 2010 it was reported that homes sales were up compared to March 2009. This was the first time this had been reported in over 4 years. With this great news, is also the hope that property prices have bottomed out and will now start to rise. With that in mind if you are looking for a bargain property then now is the time to get out, before the prices rise too much higher. So if you are looking for sea, surf, sports and/or a property for business investment then head on down to Southwest Florida, or specifically Cape Coral and Florida. It really must have something to offer, after all two of our most brilliant minds of all time, Thomas Edison and Henry Ford chose to call it home. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Fort Myers and Cape Coral real estate has never been more affordable. Florida Luxury Brokers are experts in Cape Coral and Fort Myers homes for sale - www.floridaluxurybroker.com |