 5 Signs It's Time To Buy
 A large inventory means more choices.
As of the July 13 real estate report (Multiple Listing System), there are more than 4,100 single family homes for sale in the Cape Coral and Fort Myers area. For those looking to purchase land, there are more than 1,100 waterfront lots for sale in the Cape Coral area alone. Rest assured there are many choices and options from which to choose.
It's a Buyer's Market. 
As of July, 2010 in Cape Coral – there is approximately a 2 year supply of inventory for homes priced over $500,000; as compared to one year ago when there was a 4.5 year supply for the same price range. This means the market is improving.
Currently there is an 11 month supply of inventory for homes from $250,000 to $500,000. This also indicates a Buyer’s Market, however this range is approaching a more balanced level.
Inventory for homes priced below $250,000 is dwindling. If you’re looking to find a great deal, this is the time to move forward. Whether you’re looking for a single family home, land, or a condo, prices are more affordable than ever. Home buyers can easily find a home or a lot in their budget and price range.
The following are 3 examples:
 Interest rates are still near historic lows. If you’ve saved enough for a down payment, have good credit and don’t plan to move in the next five years or so, buying today could be a smart move. Waiting until you believe prices have hit rock bottom may not put you any further ahead if you end up missing out on today’s low financing costs.
Where to start?There are many options to consider when it comes to investing in real estate. The best way to get started is to talk with an expert Realtor who can help guide you to the best solution for your situation. If you’d like to learn more, contact us for a detailed comparison, miloffteam@miloffaubuchonrealty.com or 239.565.4296.
Keep in mind, the decision to buy a home is a personal one that needs to factor in your own financial situation and lifestyle preference. While historically, real estate has usually appreciated in value over the long term, no one can predict the perfect time to buy.
Selling Your Home >Effective Marketing
If your home has been listed for a number of weeks and you have only seen it featured in one newspaper ad, you may start feeling anxious. Although your house is being shown regularly, you wonder if the agent is doing enough.
Home sellers often equate effective marketing with classified ads in the weekend Sunday real estate section. However, the most skilled real estate agents know the market well enough to be aware of where the prospective buyers for your home are likely to come from. They will look for the best ways to reach those people through direct mail, telephone contact or specialized ads in neighborhood publications. They will also work to get their colleagues excited about your house, especially agents who have many listings or sales in your neighborhood. And remember--it is important for you and your agent to communicate often so you will know exactly what is being done to sell your home.
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What island in the St. Lawrence River was given away on a television game show in 1964?
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Price is Right Island was given away by Bill Cullen on "The Price is Right." |
 See More Real Estate Trivia > |
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