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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
www.cape-coral-real-estate-and-homes.com

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 1st Quarter Market Report: Home Sales Start Strong in 2017

The 1st quarter of 2017 ended on a strong note with March existing home sales reaching its highest pace in 10 years despite low inventories of homes for sale.

The most notable change in the 1st quarter was another huge increase in markets where there were more buyers than sellers resulting in quick sales and low inventory. Our survey showed that in 73% of the markets surveyed there were more buyers than sellers, an increase of 15% over the 4rd quarter and an increase of 13% over the 1st quarter of 2016. Additionally, 80% of our markets survey showed a tight supply of homes, an increase of 10% over last quarter and 13% over last year. Home prices are also on the rise with 92% of markets showing price appreciation in the last year.

According the National association of Realtors (NAR) existing home sales in March were up 5.9% over last year; inventory of unsold homes is at a 3.8 month supply and 48% of all homes sold in under one month. That is a strong sellers market.

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 both buyer and seller activity is up slightly in the 1st quarter of 2017 compared to the previous quarter. Buyer activity increased in 74% of the markets surveyed and decreased in 14% of the markets surveyed indicating a significant 8% increase since the 4th quarter o f 2016 and a 1% decline in activity from Spring 2016. Simultaneously, the trend for seller activity continued to increase in the 1st quarter with 45% of the markets indicating increased seller activity compared to 42% of the markets in the 4th quarter of 2016 and 40% of the markets this time last year. Despite increased seller activity there are still more buyers than sellers and homes are selling quickly.

...Read Full Article
Summer 2017 Market Update
If you can qualify, now is an exceptional time to buy a home in Cape Coral. Call now for more information at 239-443-8871
Average Sold Home Price: $200,000

Average Time on Market: 60-90 days

Best Selling Price Range: $200,000 - $249,000

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

Multiple Offers Commentary: Properties selling for $100,000 to $140,000 are getting multiple offers.

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

Housing Hot Spots: Cape Coral SW area and South Fort Myers to Bonita and Naples. �Housing Hotspots�

Average Sold Home Price: $200,000

Contact Information
Monty Sinnamon
239-443-8871
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Mortgage Rates for Jul 23rd, 2017
30 year fixed rate: 3.85%
15 year fixed rate: 3.85%
30 year jumbo rate: 4.09%
15 year jumbo rate: 3.69%
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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
239-443-8871
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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