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Cape Coral Housing Market Improves

01/10/2012

The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI). The IMI now shows 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.

In Florida, three cities made it onto IMI’s improved list: Jacksonville, Cape Coral and Punta Gorda.

You can read the entire story here.

It's no surprise that the Cape Coral housing market is one of three Florida cities showing improvement over the last six months to those of you that have been following my blogs. I've been tracking the new home building permits issued by the city of Cape Coral in 2011 and posted a FREE ebook on Sandoval and Cape Coral, Fl in August. You can still subscribe to my eBook on the Cape Coral and Sandoval Housing Market by clicking the button to the right of the chart.

The chart below shows the new home building permits for the last four years according to the City of Cape Coral, Fl. The 268 permits issued in 2011 is a 25% increase over 2010 and the best year since 2007.

Cape Coral Sandoval House Market
Cape Coral Fl New Home Building Permits 2008 - 2011

Click to contact Michael Rogala, Broker Associate or 

call 239-738-8088 today to learn more about Cape Coral, Fort Myers or Southwest Florida Real Estate!

Serving Cape Coral and Fort Myers - Lee County, Southwest Florida.