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!