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Real Estate News in Cape Coral - January 10th, 2017
Real estate market here in Cape Coral has slow down this season. A lot of vacation people here but most are just looking. We have had great weather but most buyers are just not ready to make the move yet.
We still have a lot of great buys and the interest rate is still low.
Cape Coral is in the top 10 places to retire here in the USA.
We still have some of the best boating in the state of Florida.
When you get ready to buy or sell please contract me at 239-443-8871
Check out my web site www.cape-coral-real-estate-and-homes.com
Many thanks and all my referrals are deeply appreciated.

Real Estate News in Cape Coral - October 9th, 2016
Real estate market here in Cape Coral is starting to pick with our season starting next month.
Real estate has gone up 13% the last 2 years and I don't see it slowing down anytime soon.
Interest rate are still very low and we still have some really great buys here in Cape Coral, Fl
We are a boating community with over 200 miles of gulf access canals. I think we have world class
boating right here in south west Cape Coral. I'm am a license Boat Captain, I say that because less then
a hour by boat we have so many restaurant and beaches you can get to by boat.
When you get ready to buy or sell please contract me at 239-443-8871
My web site www.cape-coral-real-estate-and-homes.com
Many thanks and all referrals are deeply appreciated.

Real Estate News in Cape Coral, Fl area. - March 26th, 2016
We are in a very active market, Today Prices are great and will only get higher. With low interest rates, todays Financing is still great and will only get higher. If you are looking to purchase or invest here in Sunny Florida, then get started by going to my Web Site at

When you are ready to come down, be sure to contract me, Monty Sinnamon, so that we can set up an appointment. If you are looking to buy, you will need either a bank approval or proof of funds if a cash offer. Contract me and I can help you to get set up with this.
If you are coming down to investigate but not to buy, contract me and I will make it worth your time. and, if you know of anyone who might be interested in this E-MAIL, please forward this out to them. All Referrals are deeply appreciated.

News for Cape Coral, FL - January 28th, 2016 1:32pm
Cape Coral Market is hot and prices are going up, we still a lot of good buys.
National Market Conditions
2017 2nd Quarter Market Report: Home Sales Stall but Prices Rise

The 2nd quarter of 2017 ended on a down note with pending home sales dropping for three straight months. However home prices continue to rise at a rapid pace with median home prices up 6.2% year over year. The primary reason for the slow-down in sales is the limited number of homes for sale, higher prices and less buyers being able to afford to buy a home.

The most notable change in the 2nd quarter was how fast the homes were selling. Our survey showed that in 70% of the markets surveyed homes sold in under 60 days compared to 53% in 2nd quarter 2016, resulting in a whopping 17% increase. Additionally we found that 84% of the markets reported a tight to very tight supply of homes compared to 66% last year...another whopping 18% increase. The tight supply of inventory is causing homes prices to rise with 91% of all markets surveyed reported price appreciation. 34% of the markets reported appreciation over 5% and another 27% reported appreciation in excess of 10%.

According the National association of Realtors (NAR) existing home prices were up 6.2% over last year. The inventory of unsold homes is at a 4.6 month supply and 54% of all homes were sold in under one month. Still home sales dropped overall due to the low inventory of homes for sale.

The data in this report is generated primarily from our survey of HouseHunt.com exclusive member real estate agents across the United States. This grass roots approach to studying the housing market gives us a thorough look at where the real estate market is through the eyes and perspective of the local real estate agents who are living and working in the trenches of each community.

Buyer and Seller Activity
The trend in buyer activity is significantly higher than seller activity. Our Realtors reported increasing buyer activity in 89% of the markets - up 15% from last quarter and 5% over last year. However seller activity increased in only 49% of the markets - down 9% from last year and up 5% over last quarter.

...Read Full Article
Fall 2017 Market Update
Now is an exceptional time to buy a home in Cape Coral. Second quarter sales higher than 2016 by 5%. Average sales price in Cape Coral is $279k a rise of 7% in one year. Call now for financing information at 239-443-8871
Average Sold Home Price: $225,000

Average Time on Market: 60-90 days

Best Selling Price Range: $250,000 - $299,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: No Change

Buyer's or Seller's Market: Equal buyers and sellers

Buyer Activity for the past 90 days: Decreasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Good Supply

Greatest Activity: First Time Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: Fort Myers

Average Sold Home Price: $225,000

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Mortgage Rates for Sep 21st, 2017
30 year fixed rate: 3.77%
15 year fixed rate: 2.97%
30 year jumbo rate: 4.16%
15 year jumbo rate: 3.83%
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Real Estate Professional, Monty  Sinnamon Monty Sinnamon
Alliance Realty Group
Specializing in Cape Coral Real Estate
14090 Metropolis Ave. - Suite 206
Fort Myers, Florida 33912
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Monty Sinnamon for current Cape Coral, FL market conditions before acting on this information.)
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