September is Here on the Cape……
Yes, September is here …..hard to believe seems summer started just a week ago! Labor Day Weekend marks the “official end of summer’! Summer fades time for one last barbeque maybe, an escape to the beach for one last summer fling, maybe just relaxing in the backyard with friends. However you plan to spend it have a Happy and Safe Labor Day Weekend. And of course with September school is back in session although here in Cape Coral school started on August 18th. And of course our Northern and Midwest friends will feel a crisp breeze in the air, a change of color in the leaves and the beginning of falling leaves leading into Fall. In the Cape, September brings its own changes though the weather will continue to be pleasant and many will flock to the beaches as well as take on hiking in the preserves as well as kayaking and boating. There still will be some warm days however, some cool nights will begin to make their presence. Last evening I heard the “hooting” of a horned owl a sure sign that the season is changing. Last year we had a family of horned owls nest in a large pine tree next door. Perhaps we’ll see them again this year and soon our American Eagle couple should return to their besting site down the street.
What’s Going on With Real Estate in Cape Coral?
One word – GROWING – another review from MoveTo.com shows the Cape Coral Market continuing to grow!
Inventory for Single Family Homes continues to be at a low level with median prices continuing to rise from last year. Price per square foot is also increasing based on the increase of median price increases. Two things will challenge new buyers in the future – increasing interest rates – the Federal Reserve will probably increase the discount rate in October and will also probably ease of their Quantitative Easing Program. This will definitely impact current interest rates. Low inventories – with less units available the shift is to the sellers market versus the buyers market. Homes in some cases are already becoming part of a bidding war between competitive buyers. Now may be a good time to consider that new primary residence in SW Florida or even a second home to get away from those harsh upcoming winters! A recent article from Trulia has called Cape Coral A real Estate Anomaly! A few years ago the area was plagued with distressed properties from foreclosures and in some cases just abandonment due to the housing bubble bust. Propety levels went to all time lows and sellers couldn’t even give property away. All that has changed from Bust to Recovery. And, it looks like it is sustainable slow growth without huge peaks. That will protect current buyers getting into the market. We don’t need another housing frenzy that will feed the market with inflated non-sustainable prices! Here is a link to the article: http://activerain.trulia.com/blogsview/4458961/cape-coral–a-real-estate-anomaly
Spotlight on Bonita Springs!
One of the areas that Aqua Property Group, Inc. represents is the city of Bonita Springs. Bonita Springs is a city in Lee County, Florida. The population was 43,914 at the 2010 census. It is part of the Cape Coral–Fort Myers Metropolitan Area. The city is a coastal city on the Gulf of Mexico. The city motto is “Small Town Charm, Big Bright Future!”
The city is located on both Estero Bay and the Gulf of Mexico. The area referred to as Bonita Beach is located on a road-accessible barrier island (Little Hickory Island) that lies between the Gulf of Mexico and Estero Bay. The Imperial River flows through the downtown district of the city and empties out into Estero Bay.
The city is the northernmost city on the west coast of Florida that has a tropical climate, having a mean January temperature of 65 °F (18 °C).
While existing primarily as a retirement and second home vacation community, Bonita Springs is home to a growing number of businesses due to low business taxes, an abundance of inexpensive commercial office space, and a growing community of educated professionals. Whether you are looking to explore nature, relax on the beach, or take a boat out on its clear waters, Bonita Springs is an unforgettable destination with a little something for everyone. Enjoy the wildlife and views of Barefoot Beach Preserve or rent a boat to take out on the water. Bonita Springs Public Beach is a great place to go swimming or relax and unwind, and you can even bring Fido to the town’s very own Dog Beach.
Bonita Springs is part of the Lee County School District. and provides higher education opportunities at Florida Gulf Coast University in Fort Myers and Florida SouthWestern State College in Naples/Fort Myers.
- Southwest Florida International Airport in nearby South Fort Myers serves over 8 million passengers annually.
- Naples Municipal Airport in Naples is a smaller airport primarily for private aviation
- Interstate 75
- U.S. Route 41 “South Tamiami Trail“
- (County Road 865) Bonita Beach Road / Hickory Boulevard
Points of interest
- Art League of Bonita Springs – an arts organization that hosts both local and traveling art exhibitions, arts classes and other community events. Click on to Website
- Bonita Beach Park – a 2.5-acre (10,000 m2) beachfront park that features a boardwalk and swimming area. Sand dunes and coastal vegetation surround a gazebo and 8 picnic shelters. Click on to Website
- Bonita Nature Place – Bonita Nature Place (BNP) provides a local place for learning experiences, volunteerism, and outdoor family activities that strengthens the environmental stewardship commitment within the community while fostering an awareness of old Southwest Florida in its unique, natural setting. Click on to Website
- Barefoot Beach Preserve Park – is 342 acres (1.38 km2) of natural land and one of the last undeveloped barrier islands on Florida’s southwest coast. Click on Website
- Little Hickory Island Beach Park – Click on Website
- There are also 10 beach accesses with public parking located up and down Bonita Beach.
If interested in visiting Bonita Springs, click on Trip Advisor here
If interested in finding a new home in this part of paradise give us a call or email us!
Housing and Lifestyles What’s New?
This months topics:
Florida The Tax Friendly State -Take a look at your state and see how it compares to Florida one of the Tax Friendly States! No stat income tax leads the way! Great to consider if you are thinking about a move and if you are a retiree, Florida does not tax your pension or Social Security benefit! Click here: http://www.kiplinger.com/tool/taxes/T055-S001-kiplinger-tax-map/#cZuLQqfXggohC3Me.01
Test Your Home Knowledge Fun Quiz – Test Your Knowledge – How long should things last in your home? May help you look at what needs replacement or maintenance. http://www.kiplinger.com/quiz/real-estate/T029-S001-how-long-should-it-last/index.html
Home Buying Smarts! – Fun Quiz on Home buying! Click here: http://www.kiplinger.com/quiz/real-estate/T010-S001-how-smart-a-home-buyer-are-you/index.html
What’s Happening in the Cape Coral Real Estate Market and why is it an Anomaly? Read how is going from bust to recovery! Click here: http://activerain.trulia.com/blogsview/4458961/cape-coral–a-real-estate-anomaly
Thank you for visiting our little piece of paradise! See you in October! If you are interested in visiting the SW Florida area or have decided its time to have your own piece of paradise weather seasonal or full time give us a call or email us we will be glad to help! Have a safe and enjoyable Labor Day Weekend!
August On the Cape!
August on the Cape – Traditionally the last month of summer so its beach time, cooling off in the surf or at Sun Splash Fun Park, finding a nice shady spot under a beach umbrella, sitting out on your lanai in the evening and feeling that summer breeze kick in. Whatever your pleasure you are sure to find it here in Cape Coral and SW Florida. The beaches are pretty much uncrowded awaiting the influx of the seasonal snow birds in October and November. Farmers markets have moved to their indoor locations to keep their wares cool. Restaurants have their summer patio spaces ready for your dining pleasure. Dinner fare can consists of great seafood caught in the local Gulf waters, some great steaks from Florida Beef it’s what’s for dinner, or perhaps your taste is more international – if so you can choose from a variety of Japanese, Chinese, Italian, Tex Mex and other international venues throughout the city. And of course nothing beats the American favorite – the Burger! Plenty of gourmet burger venues throughout the Cape and surrounding area many featuring Black Angus Certified Beef – delicious! Don’t forget the beach areas in Fort Myers – plenty of outdoor restaurants and dining spaces line the Fort Myers Beach area some even have great nightly entertainment.
School Days Are Here!
And yes August is the start of the school year here in SW Florida. August 8th will be the first day of school for the 2014-2015 school year. Please drive carefully and adhere to all stopped school box regulations. Cape Coral is part of the Lee County School District. The district is the ninth-largest district in Florida and the 40th largest school district in the United States. For more information on Cape Coral School Systems click on to the this link: http://www.capecoral.com/school Summer’s not quite over for school bound students. Cape Coral offers 39 parks, 20 of which have playgrounds suitable for ages 3 to 12, throughout the city, offering ample opportunities for a day of fun. – See more at: http://www.cape-coral-daily-breeze.com/page/content.detail/id/540584/Summer-s-not-quite-over—-.html?nav=5011
Cape Coral Makes the Top 10 with Highest Projected Job Growth
Cape Coral Housing Market Summary April-July 2014
Summary – Source http://www.trulia.com/real_estate/Cape_Coral-Florida/market-trends/ The housing market continues to appreciate with another increase in median sales price for all residential homes types. And the average price per square foot also continues to increase. The summary highlights: The median sales price for homes in Cape Coral FL for Apr 14 to Jul 14 was $155,000. This represents an increase of 2.1%, or $3,250, compared to the prior quarter and an increase of 5.1% compared to the prior year. Sales prices have appreciated 64% over the last 5 years in Cape Coral. The average listing price for Cape Coral homes for sale on Trulia was $310,513 for the week ending Jul 23, which represents a decline of 1.2%, or $3,767, compared to the prior week and a decline of 0.4%, or $1,150, compared to the week ending Jul 02. Average price per square foot for Cape Coral FL was $109, an increase of 5.8% compared to the same period last year. Popular neighborhoods in Cape Coral include Pelican, Caloosahatchee, Hancock, Mariner, Burnt Store, and Trafalgar.
Looking to “Test Drive” the Cape Coral Area With a Seasonal Rental?
Just like summer is rolling by in SW Florida – so it is “up North”! Perhaps you have explored the idea of taking a “Winter Break” this year and heading here to SW Florida for a couple of weeks or longer to “get out of the cold”! Won’t be long when “Old Man Winter” will make his return trip to the Northeast and Midwest. Why not consider a Cape Coral Test Run” this year. We have provided a number of links that can help you navigate through the rental market. If your stay is short term say for a week perhaps a stay at one of the Gulf resorts will work for you. Links for those areas also provided here on this blog. If you have any questions on the area or need additional information please call us or email us our contact information is: Our Email Address: email@example.com Bett Lucarelli – 239-887-0201 John Kapusta – 508-277-7925
Links for Seasonal Rentals:
Links for Resort Accommodations:
Westin Marina and Resort Cape Coral http://www.westincapecoral.com/
Dolphin Key Resort Cape Coral http://www.dolphinkeyresort.com/
Point Estero Beach Resort http://www.pointeestero.com/?NCK=8556741470
The Sandpiper Gulf Resort http://sandpipergulfresort.com/
Fort Myers Beach Villas http://www.fortmyersbeachvillas.com/
Best Western Beach Resort http://www.bwbeachresort.com/
Additional Fort Myers Beach/Sanibel Island Resorts http://www.fortmyers-sanibel.com/stay/?utm_source=bing&utm_medium=cpc&utm_term=%2Bresorts%20%2Bfort%20%2Bmyers&utm_campaign=MI+Fort+Myers+Sanibel+Lodging
For their next event, the South Cape Hospitality and Entertainment Association is literally going outside the box and into the frying pan. The association is set to host its inaugural “South Cape BaconFest Trolley Run” Saturday, August 23. The event will take place from 6:00pm to 11:00pm, and brings back the popular festival trolleys to take attendees to the 13 participating South Cape bars and restaurants. At each stop, attendees will enjoy a bacon themed drink or food sample that ranges from appetizers to entrees to desserts.
Check-in for “BaconFest” will begin at 5:00pm at Big John Plaza and Club Square. Participants may park in the public lots and ride the trolleys to the other locations. All participants will need to check-in by 7:00pm to obtain event wristband and passport. Tickets cost $20 per person and can be purchased at any of the participating locations. There are only 1,000 tickets available for the event, and they will be sold on a first come, first serve basis. Attendees of this event must be at least 21 years old.
Participating locations are:
Backstreets Sports Bar- 915 SE 47th Terrace
Chicago Pizza- 1341 SE 47th Terrace
Ciao- 823 SE 47th Terrace
Cruiser’s Lounge- 1517 SE 47th Terrace
Dixie Roadhouse- 1023 SE 47th Terrace
Monkey Bar & Steakhouse- 1428 Lafayette Street
Rack’em Billiards- 1011 SE 47th Terrace
Ralph’s Place of Cape Coral- 1305 Cape Coral Parkway
Rockade- 1023 SE 47th Terrace
Send It Sweetly- 1309 SE 47th Terrace
The Dek- 4704 SE 15th Avenue
The Island Seafood Restaurant- 1339 Cape Coral Parkway E
Tiki Hut @ Dolphin Key Resort- 1502 Miramar Street
We trust that you have enjoyed this issue of “Livin on the Cape”. Please make sure to visit our Housing and Mortgage News Click on the Housing and Mortgage News Tab up top for housing and financial information. This months two featured articles:
Going Solar? 6 Things You Must Know About Going Solar!
5 Tips to Help You Sell Your Home at the Best Price!
Our mission continues to focus on being the good will ambassadors for Cape Coral and the surrounding area of Southwest Florida. If you are interested in more information or looking for that special place to claim as your new home send us an email by clicking on our email contact information at the top right hand corner of the blog. Thank you and enjoy! See you in September