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Florida In Top 5 For Home Price Appreciation

05/11/2012

Florida made the top 5 in home price appreciation according to Core Logic's latest home price index.

The article states that tighter inventories are starting to lift home prices. Click here to read the full article.

Cape Coral Fl's inventory levels have been declining steadily for quite some time from the peak levels of 10,000 listings in 2007. Since April 2011 when there were over 1800 houses listed in MLS, Cape Coral inventories of single family homes active in MLS decreased to slightly more than 1300 on May 16, 2012. That equals a decline of 27%.

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