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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
2018 1st Quarter Market Report: Home Sales Steady - Prices Continue to Rise

The 1st quarter of 2018 ended on a good note with March existing home sales only down slightly over last year, and with 2018 home sales expected to exceed 2017 excellent year. Home Prices in 2018 continue to rise, increasing 5.8% over the end of March last year.

The most notable change in the 1st quarter was an increase in seller activity. Our survey showed that in 46% of the markets surveyed there were still more buyers than sellers, but a decrease of 27% from March 2017. Additionally, 17% of our markets surveyed showed more seller activity than buyer activity, an increase of 8% over last year. The remaining 37% of the markets showed an equal amount of buyer and seller activity which was an increase of 19% over last year. The increased activity, however did not ease the tight inventory 73% of our markets showing a very tight supply of homes available for sale. Home prices are also on the rise with 86% of markets showing price appreciation in the last year.

According the National association of Realtors (NAR) existing home sales in March were down 1.2% over last year, but annual sales are expected to hit 5.6 million units compared to 5.1 million in 2017; inventory of unsold homes is at a 3.6 month supply and 46% of all homes sold in under one month.

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 significantly in the 1st quarter of 2018 compared to the buyer and seller activity from last year. Buyer activity is steady or increasing in 94% of the markets surveyed and decreased in only 6% of the markets surveyed indicating a significant 8% increase in activity from Spring 2017. Simultaneously the trend for seller activity posted a solid 10% gain in the 1st quarter of 2018 with 85% of the markets indicating steady or increased seller activity compared to 75% of the markets at this time in 2017. Despite increased seller activity there are still more buyers than sellers and homes are selling quickly. In fact, according to NAR inventories have decreased to 3.6 month supply compared to 3.8 months in March of 2017. A balanced "normal market" is considered to be a 6 month supply of homes for sale.

...Read Full Article
Fall 2019 Market Update
The city of Cape Coral is the # 1
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: Increasing

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

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Mortgage Rates for Oct 14th, 2019
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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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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