10 Cities Where List Prices Soared in the Last 12 months in the United States !

PRESS RELEASE : Thursday January 26, 2012

From the desk of : Joe Kendall. Broker Associate 

Sandals Realty of Fort Myers and Naples

I  would like to share some real estate information of our local real estate market in Cape Coral and Fort Myers reported by realtor.com . Listing Prices are increasing in Fort Myers and Cape Coral Florida , as recovery takes hold in many cities in Florida.

Florida boasts the highest number of cities in the top 10 for largest increases in median list prices in the last year. 

Nationwide, median list prices have inched up only 5.03 percent from December 2010 to December 2011, according to Realtor.com data. 

The following cities are where median list prices have increased the most in the last year, based on December 2011 data of 146 metro areas from Realtor.com:

If you are in the market you buy in Southwest Florida now is the time to do it ! Prices should slowly climb through 2012 into 2013

REMEBER PRICES ARE ALWAYS REFLECTED  ON SUPPLY AND DEMAND!

1. Miami, Fla.
Year-over-year increase: 32.50%
Median list price: $265,000

2. Naples, Fla.
Year-over-year increase: 21.67%
Median list price: $365,000

3. Fort Myers-Cape Coral, Fla.
Year-over-year increase: 21.47%
Median list price: $229,375

4. Punta Gorda, Fla.
Year-over-year increase: 19.42%
Median list price: $179,000

5. Boise City, Idaho
Year-over-year increase: 19.25%
Median list price: $154,900

6. West Palm Beach-Boca Raton, Fla.
Year-over-year increase: 18.38%
Median list price: $219,000

7. Sarasota-Bradenton, Fla.
Year-over-year increase: 17.62%
Median list price: $241,000

8. Daytona Beach, Fla.
Year-over-year increase: 16.06%
Median list price: $179,900

9. Phoenix-Mesa, Ariz.
Year-over-year increase: 13.79%
Median list price: $165,000

10. Grand Rapids-Muskegon-Holland, Mich.
Year-over-year increase: 13.32%
Median list price: $137,000

reported By Melissa Dittmann Tracey, REALTOR® Magazine Daily News

Please call or email me with any questions you may have reagrding the real estate market in Southwest Florida.

Best regards

Joe Kendall "Broker Joe"

Phone 239-560-0726

Email joek4realestate@aol.com

OPEN HOUSE  JANUARY  15TH 2012  FROM 1-4 PM LOCATED IN CAPE CORAL FLORIDA

Cape Coral Florida real estate, written by Joe Kendall, Broker Associate with Sandals Realty. Pre - Foreclosures / Short Sales located here in Cape Coral Florida, here is pictured one of my current listings in Cape Coral Florida.

I have been helping people in Cape Coral Florida avoid foreclosure since 2007 and this is another one of those efforts. the current Seller paid over $500,000 for this home and $128,000 in 2006 for the vacant lot. This is a 4 bedroom, 3 bath, 3 car garage home with over 3,400 sq. ft. of living area under air located in the northwest section of Cape Coral Florida! 

We are working with Chase Bank on this propety for the home owner and are currently waiting on your offer. I have closed several Short Sale Properties in Cape Coral Florida with the lender Chase Bank.

The address of this fine home is 1225 nw 42 street Cape Coral Florida 33993

I have closed several short sales in southwest Florida including Naples, Bonita Springs, Estero, Fort  Myers and Lehigh Acres.

Bank of America is encouraging distressed homeowners to explore a short sale as option for avoiding foreclosure.

Bank of America short Sale Department has created an incentive to Florida Home owners with a $5,000 to 20,000 cash at closing in relocation assistance for the home owner.

This program is for a limited time only to help Bank of America wash through all the pre-foreclosure inventory in Florida . Here is how you may qualify for this program Homeowners with property that is located in the state of Florida Short sales initiated without an offer between September 26 and November 30 2011 Minimum relocation assistance is $5,000 and maximum is $20,000, with the specific amount calculated based on the unpaid principal balance.

Here is how you may not qualify for the program Ginnie Mae, FHA, VA and USDA loans are NOT ELIGIBLE NO LOT LOAN OR VACANT LAND Short sales THAT HAVE CURRENTLY Initiated with an offer are not currently eligible for the enhanced relocation assistance

Buying a Bank Owned waterfront foreclosure in Cape Coral Florida in 2011 could reward you with one of the best buys in the foreclosure market in all of Florida. The key is knowing the boating aspects in regards to each location of the property your viewing in Cape Coral Florida.

  It's a Buyers Market, it is also the time to shop for the "Best Location" and "Amenities" on a waterfront home or a gulf access lot, while the selection is great ! Here are some key things to keep in mind.

Here are some great questions to ask yourself as you view each property in Cape Coral Florida ! 

1 What is the water level on the canal at low tide?

2 How long of boat ride to the river? Gulf access?

3 Are there any boat lifts, locks or a bridge that I would have to travel through?

4- What is the bridge height at high tide? At low tide?

5- Condition of the sea wall? The dock? Active dock permit? Restrictions?

6- Is the property on a main canal for boat traffic? What is access to a main canal?

7- Fresh water home? Then what is the water level? How far can I travel in a boat?

8- It's all about the View ! Can I buy interesting canal location, better water view for the same money?

9- Where can I see water from what rooms in the house ? Again it's all about the View !

10- What are the fishing possibly from my own dock? Yes, some locations are better!

11- How big of boat will fit on the lift? What is the weight limits on the boat lift?

Before you buy a waterfront property in Cape Coral Florida, I strongly suggest you work with a Realtor that knows Cape Coral Florida on and off the water ! 

Joe Kendall, Broker Associate with Sandals Realty a Waterfront and Foreclosure Specialist writes: This week I was out showing Gulf Access Waterfront Property in Cape Coral Florida and I thought I would share a couple pictures.  The pool was a bank owned property, the boat dock with lift picture was a short sale property.

There are currently 45 homes are listed under $300,000 with many in the foreclosure/bank owned or short sale waiting for your offer.  Some of these homes are direct sailboat access with a short boating distance to the gulf of Mexico.

Now is the time to buy your vacation home while the inventory is still pretty good for Gulf Access Waterfront Property. You can search for your very own waterfront paradise by clicking here

Bank Owned Property can also be searched from my web site and search here

The sunset at the Cape Coral Yacht Club by Joe Kendall, Broker Associate with Sandals Realty

Foreclosures and Short Sales in Cape Coral Florida are easy to find when you know where to look! Discover this Waterfront Community with over 300 miles of Gulf Access Waterfront Canal Homes with many in the Pre-Foreclosure and short sale process. You can search all the bank owned, foreclosures and short sale listings my clicking here and signing up for a free account.

  Do you have Short Sale Questions in Cape Coral Florida? This is a list of short sale  questions you should ask the listing agent prior to making a contract offer on a bank short sale. I have been helping home owners with short sales since 2006 and I am offering my insight to you.

Asking the right questions to the listing agent can go a long way to greatly increasing your chances of  getting an accepted offer and saving you a lot of hopeless time waiting on a reply from the bank. These questions will help you decide what homes are truly a waste of your time as a Home Buyer.

                         Normally a short sale is a "Great Deal" on "Waterfront Property" in Cape Coral Florida.

(1) How far behind is the Seller on the mortgage payments? Most mortgage companies will not get serious about an offer unless the seller is at least 4 months behind in the mortgage and the bank has already started the process for foreclosure proceedings. 

(2) Has the Seller submitted all the required documents to the Lender? The lender will not even give the Listing Agent a reply with out all the sellers required documents. Some banks want the seller required documents and your offer submitted or all at one time. Just knowing the listing agent has all the documents in their file ready will speed up the process.

 (3) What kind of discussions have you had with the Lender ? This question puts the listing agent on the spot and opens up discussions. Your Realtor should be able to tell if the listing agent is in tune with the file and the bank. If the listing agent is without a direct line to the assigned Loss Mitigation Officer to the file would in most cases result in a longer then normal reply on your offer.

(4) Dose the Seller have a First and a Second Mortgage ? Is the second  it with the same Lender? It takes more time to close a bank short sale with two mortgages and is even more difficult if it involves two different Lenders, the the chances of the deal are greatly reduced, yet some do close but expect a longer wait.

(5) Dose the Seller have PMI ( Private  Mortgage Insurance ) on this property?  Many times this comes out in the very end of settling the short sale, so your Realtor should ask it up front before making the offer. More often then not, the Investor that bought the insurance will require a promissory note for the balance on his investment, before accepting to close the deal. Most of the time they will not remove their portion of the debt on the property, if the seller can not come to so terms on a cash or a payment plan, the mortgage will not be able to be released from the mortgage regardless of the contract price.  

There are some very good deals on homes that are listed as a bank short sales. They normally do not receive as many multi contract offers like bank owned property. Which currently is happening here in Southwest Florida.

Cape Coral Florida Waterfront Pool Homes ! You to can have your very own waterfront oasis ! Bank Owned and Short Sale Waterfront current sale prices provide the savvy home buyer the opportunity to own a waterfront home that they thought was never possible !

Would you like to request a list of waterfront homes for sale from $160,000 to $250,000 ? It's simple just click right here

I look forward to helping You!

Best Regards " Broker Joe "

Cape Coral Florida Waterfront Specialist, Broker Joe writes about Luxury Waterfront Real Estate. Homes for sale in Cape Coral Florida. Today I am writing about the luxury waterfront lifestyle in the neighborhood of "Orchid Boulevard" located in the south east section of Cape Coral Florida. 

The neighborhood has some where around 200 to 300  direct gulf access waterfront homes. The canals range from 80 feet wide up to 250 feet wide with a depth from 6 to 10 feet in the center of the canals with easy access to the gulf of Mexico. The neighborhood has 8 named canals for easy reference.

There are about 30 homes that are on the river frontage, the view from the pool decks from these homes reach out about a mile wide to to the Fort Myers side of the Caloosahatchee River.

This Neighbor is a "Boaters Paradise" with Great Gulf Access and the ability to handle just about any size style and length of boat the limit on height would be around 51 feet which would be the bridge clearance at the Cape Coral Parkway Bridge that connects Cape Coral to Fort Myers which would be the only bridge to pass under to the gulf of Mexico.

Homes for sale in  neighborhood  of "Orchid Boulevard Area"  start around low $200,000 up to around $775,000 with estate homes and river frontage up to 3 million Dollars.   

Please call or email today for a complete list of Gulf Access waterfront homes in the neighborhood of "Palaco Grande" located in the waterfront community of Cape Coral Florida.

Search waterfront homes by signING up for a free MLS EBOOK ACCOUNT TODAY by clicking here

Cape Coral Florida, Gulf Access Waterfront Property provides easy access to all our waterfront friends !

Boaters real estate can be found right off the gulf coast of Florida in the city of Cape Coral Florida. Cape Coral Flroida offers the boater over 300 miles of Gulf Access waterfront homes with easy access to the gulf of Mexico !  Hunderds of waterfront Foreclosures, Bank Short Sales of single family homes and condo developments. Cape Coral Florida is truly a Boaters Paradise ! Discover the prime waterfront community that truly is a outstanding boating Paradise, in southwest Florida. Come be out where the Dolphins are !

Search Cape Coral Florida Gulf Access Waterfront Foreclosures.