Cape Coral Bella Vida

A Tasty Treat Near By 

Bella Vida offers a little well keep secret, resting just a half mile from the Main Gate. There kept a tasty treat know as The Bagel Shop. Within walking distance, you can enjoy chewy, warm bagels every morning. I recently stopped at The Bagel shop and found a mammoth sized turtle crossing the road. Who knows what you may encounter on your morning walks the The Bagel Shop. Bella Vida offers so much more.

Cape Coral Banyan Trace

Banyan Trace Perks

 In addition the the many benefits of Banyan trace, a Century Link tower is only a few hundred feet apart. Which provides a level of service and caliber of gadgets, that few appreciate. Such a nice improvement to an already fantastic gated community. Please Click and enjoy this up-to-date list of available real estate in Banyan Trace Cape Coral.

Cape Coral Yacht Club

Sunset Celebration!

This area deliver the perfect atmosphere to relax and enjoy an excellent florida sunset.
Cape Coral Beach offers a beach bar located in a perfect viewing spot.

Fed’s Latest Move Could Bode Well for Home Buyers

The Federal Reserve announced Thursday that, in an effort to re-ignite economic recovery, it was taking aim at mortgage rates — a move that will likely take rates even lower from their current record lows.

The Federal Reserve announced it will purchase $40 billion of mortgage-backed securities that will help boost the recovery in the housing market. What’s more, the central bank said that it will continue with the purchase program until the economy shows greater improvement, particularly with unemployment.

Americans keep feeling better about housing.

WASHINGTON – Sept. 11, 2012 – Consumer sentiment regarding the housing market continues its modestly positive trend, according to Fannie Mae’s August 2012 National Housing Survey.

Americans maintained a cautious but improving outlook on the housing market and homeownership. In August, more people said it’s a good time to sell, and more expect housing prices to rise over the next year.

However, Fannie Mae says stalling household financial expectations and declining economic optimism likely mean the housing market recovery rate will remain tempered.

“Consumer attitudes toward the housing market remain modestly positive, despite signs of increased concern over the direction of the economy,” says Doug Duncan, senior vice president and chief economist of Fannie Mae.

Housing Progresses, But Has it Recovered?

DAILY REAL ESTATE NEWS | TUESDAY, SEPTEMBER 11, 2012
Home prices have posted some of their strongest gains this year in nearly six years. But while prices have likely hit bottom, the public shouldn’t confuse that with a full recovery. A lot more still has to happen to get to that point, analysts say.

For one, inventories of homes for-sale need to reach more normal levels. The number of homes for sale are at an eight-year lows, The Wall Street Journal reports. Prices are rising in many areas but it’s because “there are more buyers chasing fewer homes and fewer distressed homes, such as foreclosures,” The Wall Street Journal reports.

Also, millions of home owners are underwater, owing more on their mortgage than their home is currently worth, which is preventing them from trading up and moving to a new home.

Downtown Cape Coral Facelift

A major rewrite of the land use and development regulations in south Cape Coral approved by City Council on Monday could help the downtown area create a sense of place similar to Key West or Fifth Avenue in Naples, according to those behind the effort.

“You go to Key West not because there’s a beach there, but because it’s Key West,” said Cape Coral Community Redevelopment Agency executive director John Jacobsen. “That’s the kind of thing we want to develop, not just strip malls.”

The new codes encourage development that will make the 284 acres of the downtown CRA district affected by the changes more pedestrian-friendly, Jacobsen said.

“We’re looking for buildings that are brought closer to the sidewalk, buildings that are more downtown in character, that create walkability, pedestrian traffic, bicycle traffic, all those things that make you want to be in a place,” he said.