Home prices up, time to buy Cape Coral, Fort Myers Florida

Home prices are up and its time to buy.

Read the attached article

Cape Coral Florida

Provided by CapeCoralRealEstate

 

CAPE CORAL, Fla.- A big-name company could make its move to Cape Coral, bringing with it more than 200 jobs.

CAPE CORAL, Fla.- A big-name company could make its move to Cape Coral, bringing with it more than 200 jobs. But that big name is a big mystery.

The name of this company is being kept tightly under wraps but WINK News does know they are eyeballing about ten acres of property in the Cape. This is not the only company the city is wooing. We're told, they're talking with eleven others as well.

"This great thing is right now, the environment is really changing!" It's an environment Cape Coral's Economic Development Director Dana Brunett says is ripe with possibility.

"We're really starting to see a positive surge in interest and also - we're starting to see things settle down on the housing market," he said.

For the past two months, he says, the city has been talking with a company about expanding to a 100,000 square foot manufacturing plant somewhere in the Cape.

"It's the type of business that we want to support in Cape Coral, clean industries, high paying jobs, good neighbors," he said.

The city is also working on eleven separate recruiting projects. Combined they could bring almost 2,000 jobs, and more than $45 million in new investments.

"These's been a lot of interest very recently in exsisting commercial space. We're trying to make sure they have access to commercial brokers and understand where those properties are," he said.

He says a big pull for prospective companies is Cape Coral's new VA Clinic, which he says could open in June.

Along with getting new companies to the Cape he tells us it's also important to focus on businesses already here. At least nine are discussing expansion plans, and with that comes the possibility for more jobs.

 

http://www.winknews.com/Local-Florida/2012-03-06/Cape-courting-mystery-clients-bringing-potential-for-growth

 

Cape Coral Florida

Provided by CapeCoralRealEstate

 

Collier County is under consideration as one of five sites in the United States for an Organic Agriculture-Renewable Energy Project to demonstrate the integration of renewable energy and organic agriculture to stimulate economic growth and job developme

 

IMMOKALEE, Fla. - Collier County is under consideration as one of five sites in the United States for an Organic Agriculture-Renewable Energy Project to demonstrate the integration of renewable energy and organic agriculture to stimulate economic growth and job development.

The proposed project will create new organic agricultural approaches, assist in United States energy independence, and demonstrate the use of local and regional waste resources to support integrated agriculture and energy business initiatives.

The project is projected to create 200 to 300 hundred (or more) jobs over a three to five-year period depending on community response. An estimated 100 to 125 new jobs will be created during its first year of operation.

The proposed initiative would be based on a public-private partnership among Collier County, associated agencies and government, private investors, Growth Design Energy Florida LLC and its holding company, Growth Design Corporation, a resource development company with offices in Iowa, Wisconsin, and Florida.

Other community sites under consideration for development by Growth Design include: Oregon City, Oregon; Seward, Nebraska; Mt. Valley, Iowa; and Columbus, Ohio.

“There are abundant waste streams available throughout the southwest Florida region for this proposed project”, stated Bill Luetscher, president of the Growth Design Energy Group. “The question is whether the community will have the determination, speed, and capacity to compete with other communities for this initiative.”

Potential products from southwest Florida waste streams include: renewable energy including electricity; methane bio-gas; biodiesel; recovered crude oils; liquid fertilizer; organic compost; high grade charcoal; and renewable energy (“green”) credits from carbon-dioxide and methane gas emissions reduction.

Growth Design has identified multiple southwest Florida waste streams for the proposed project including: landscaping waste; solid and liquid organics from agricultural and consumer products; waste oils; plastic; rubber; and select construction and demolition materials.

 

 

http://www.winknews.com/Local-Florida/2012-03-08/Company-considers-brings-hundreds-of-jobs-to-SWFL

 

Cape Coral Florida

Provided by CapeCoralRealEstate

 

Optimistic outlook for multifamily market

Optimistic outlook for multifamily market

WASHINGTON – March 8, 2012 – The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), found steady improvement in the apartment and condominium housing market for the sixth consecutive quarter.

The MPI, which measures builder and developer sentiment about current conditions in the multifamily market on a scale of 0 to 100, increased from 47.3 in the third quarter to 48.9 in the fourth quarter – the highest reading since the fourth quarter of 2005 and close to a balanced score of 50.0.

The MPI provides a composite measure of three elements in the multifamily housing market: construction of low-rent units, market-rate rental units and “for-sale” units, or condominiums. The index and all of its components are scaled so that any number over 50 indicates that more respondents reported improving conditions rather than worse conditions.

In fourth quarter 2011, the MPI component tracking builder and developer perceptions of market-rate rental properties recorded an all-time high of 64.3, while low-rent units increased as well to 55.5. For-sale units remained steady at 30.6.

“The apartment and condo sector continues to be a bright spot in the housing market, with the overall index at its highest level in six years,” says NAHB Chief Economist David Crowe. “The rental components have been the driving force behind the increased index level. And although the for-sale component remains weaker, it is still double what it was just six quarters ago.”

Even with the improvement in the multifamily segment, builders and developers say credit restrictions continue to slow a recovery.

“Capital is limited in this current market, and developers are having a difficult time obtaining the credit needed to finance the development of new apartments,” says W. Dean Henry, chairman of NAHB’s Multifamily Leadership Board.

Looking forward to the next six months, builder and developer expectations improved in the fourth quarter for all three components: low-rent units, 57.0 (from 50.2 the previous quarter); market-rate rental units, 67.8 (from 67.2); and for-sale properties, 38.7 (from 37.3).

The Multifamily Vacancy Index (MVI), which measures the multifamily housing industry’s perception of vacancies, decreased from 35.1 in the third quarter to 34.7 in the fourth quarter. With the MVI, lower numbers indicate fewer vacancies. The MVI has decreased two quarters in a row and improved considerably since reaching a peak of 70.2 in the second quarter of 2009.

Historically, the MPI and MVI have performed well as leading indicators of U.S. Census figures for multifamily starts and vacancy rates, providing information on likely movement in the Census figures one to three quarters in advance.

For data tables on the MPI and MVI, visit www.nahb.org/mms.

© 2012 Florida Realtors®

Cape Coral Florida

Provided by CapeCoralRealEstate

 

Buffett: 'I'd buy up a couple hundred thousand' homes

Buffett: ‘I’d buy up a couple hundred thousand’ homes

WICHITA, Kan. – March 1, 2012 – Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical.

Buffett said that’s because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now.

“Housing will come back, you can be sure of that,” Buffett wrote in his annual letter to shareholders recently.

Buffett forecasts an increase in household formations, as more people who moved in with their parents or family members during the recession look to move out and get their own home soon.

“People may postpone hitching up during uncertain times, but eventually hormones take over. And while ‘doubling-up” may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure,” Buffett said.

Buffett said the recovery in the housing market could vary quite a bit among local housing markets, however. He did not provide a timeline of when he expected a full housing recovery, admitting that his prediction last year that a housing recovery will take shape within the year turned out to be “dead wrong.”

Source: “Housing Market Forecast Beyond 2012 From Warren Buffet,” International Business Times (Feb. 28, 2012) and “Warren Buffet on CNBC: I’d Buy Up ‘A Couple Hundred Thousand’ Single-Family Homes If I Could,” CNBC (Feb. 27, 2012)

© Copyright 2012 INFORMATION, INC. Bethesda, MD (301) 215-4688

Cape Coral Florida

Provided by CapeCoralRealEstate

 

Cape housing market showing improvements

Cape housing market showing improvements

Story Created: Jan 12, 2012 at 5:24 PM America/New York

CAPE CORAL, Fla.- The local real estate market has taken its share of the housing heat. Southwest Florida is frequently on the list as one of the hardest hit areas in the country. But now, we're getting some positive news.

Call it a comeback for Cape Coral. After years of ranking among the worst housing markets in the country, it's finally seeing some positive signs that the worst here may be over. A new report from the National Association of Builders lists the Cape as one of the "most improved" housing markets of the year. And business leaders are hoping the rest of the local economy follows suit.

Cape Coral and Punta Gorda are two of 76 housing markets showing improvement across the country. A hint that recovery has spread to Southwest Florida.

The Improving Markets Index measures employment growth, home price appreciation, and single-family housing permits. It does not look at foreclosures specifically. Brand new numbers from Realty Trac show Cape Coral/Fort Myers ranks 15th for the most foreclosures in top metro areas, a vast improvement from a number two ranking just over a year ago.

Realty Trac's year end report shows 1.9 million U.S. properties received foreclosure filings in 2011. One in every 49 florida homes received a filing. In the Cape Coral/Fort Myers metro area, 3.29 percent of properties went in to foreclosure last year. That's a decrease from 2010.

 

Cape Coral Florida

Provided by CapeCoralRealEstate

 

Finanzierung von Neubauten fuer NICHT US EINWOHNER jetzt wieder moeglich

NEUIGKEIT!

 

 

FINANZIERUNG

VON NEUBAUTEN NUN MOEGLICH FUER

NICHT-US-EINWOHNER!

 

WAEHLEN SIE IHR TRAUMHAUS UND LASSEN SIE ES VERWIRKLICHEN IM SONNENSTAAT FLORIDA!

 

70% LTV
30% EIGENKAPITAL

Ab 3,99%

 

Mehr Information auf Anfrage unter:

info@floridacapecoralrealestate.com

 

 

All information are subject to change and not guaranteed

 

Cape Coral Florida

Provided by CapeCoralRealEstate