Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 30, 2023

What is Jumping In the Canal?

What Is Jumping In The Canal?

Visitors and new residents alike are often perplexed and wondering what type of fish that is jumping through the gulf access canals of Cape Coral.

Any seasoned  Floridian will immediately identify them as mullet, our impressive aquatic jumpers. Observing them, I liken their jumps to very large skipping stones, as oftentimes mullet will jump three or four times in quick succession. They leap up to three feet into the air then slap back down into the water on their sides, creating quite a smack and a splash.

The usual question on everybody's mind is "why are they doing that?", when it seems like the more natural behavior would be to continue swimming merrily along. We've all heard various explanations such as they're leaping to flee larger predators or they're attempting to dislodge sea lice or other parasites.

Scientific research has deduced when you see a single mullet jumping out of the water, as we see in the canals, they are in search of more oxygen. Since jumping activity in our canals is much higher during summer months when oxygen in the water is at lower levels than in winter months, this makes a lot of sense. Further evidence to back this conclusion is larger numbers of leaping mullet in any body of water with less oxygen than those with superior water quality.

Enjoy fishing? Or want to start? Cape Coral , and all of Southwest Florida, is well known for its fishing. Thinking about making the move to Cape Coral or another town in Southwest Florida? Let us help you!  


Posted in Blog
Nov. 30, 2023

What is a lanai and do you need one in Florida?


Potential Florida residents are often hearing the term lanai for the first time in their lives. The word lanai is a Hawaiian term meaning patio and Floridians use the term to refer to a covered area at the back of the house, usually screened and used as a living space. Commonly the lanai is set up with patio furniture, chaise lounges, outdoor dining sets, etc. Some are more elaborate with fireplaces, tiki bars, TV's and outdoor kitchens. They're an extension of our living area and really add to the overall enjoyment of our SW Florida homes. The pool deck and pools are extensions of the lanai, and generally speaking are also contained under the screen enclosure. These enclosures are referred to as cages or mansard cages and are great for keeping out insects who could spoil our relaxing outdoor living.

Floridians use their lanais almost every day of the year, so yes! You do need one. Any home that doesn't have a lanai is considered much less desirable and is tough to sell should you ever need to market your home.

The direction your lanai faces makes a difference and there are pros and cons to every direction. In general the most sought-after is south exposure because you have sunshine all day long but never direct sun. West is in second position especially if you are a part-time winter resident or rent your home out to snowbirds, as you'll get direct sun during the cooler months. East facing lanais will provide plenty of sun in the early part of the day and shade in the afternoon as the sun goes down. North exposure has the reputation as the least desirable, however many longtime Floridians would disagree and appreciate the cooler temps on their lanai during the hot summer months. 


Posted in Blog
Nov. 5, 2023

Selling and Listing Experts

Buy or Sell

Selling and Listing Experts


A mentor once advised us to focus like a laser beam on a specific aspect of real estate, and become an authority in that field. Our team made the decision that waterfront would be our specialization.

Our belief about Real Estate is:  


By concentrating our efforts on a defined geographic area and specialized segment of the market, we are best able to:

  • Be most knowledgeable about our current market and specialization within the market
  • Devote more time to a select group of clients
  • Act quickly, decisively, professionally and efficiently on your behalf

Would you like to know more? Contact Lisa & Jenna! 




If we list your property, we will provide you with the highest level expertise and:

  • The RE/MAX name recognition and reputation for quality service and market strength. The RE/MAX yard sign represents the best known name in real estate, both locally and worldwide. Nobody sells more homes than RE/MAX.
  • Prior to listing your home we will go through and expertly advise you on how to properly stage the home, let you know what repairs or updates (if any) are required to help sell your property in the least amount of time and for the highest price
  • Custom Virtual Tour of your home and professional photographs including drone shots
  • Immediate inclusion into MLS (from which 97% of all sales originate)
  • Notification to other top level Realtors of your property
  • Continual communication – good news, bad news or no news


For those of you who enjoy searching via computer, our site has made it easy for you to search the MLS with access to the same information as a Realtor. For those of you who prefer for us to do the searching, simply provide us with your price range and a few other parameters, and we will expeditiously research properties that meet your criteria. We will email you carefully selected properties from the MLS. As a Buyers Agent we will represent you with loyalty, integrity, and professionalism.


Due to the fast-changing Southwest Florida real estate market, we highly recommended that a local lender be used if you are financing your purchase. Buyers who attempt to finance through out-of-state lenders are encountering substantially more difficulty and stress during the loan process.
You will need a pre-approval letter dated within 30 days of submitting an offer.  Please contact us so that we can provide you with a few local lender options. We have no financial incentive or affiliation with these lenders.


Posted in Buying Or Selling?
Nov. 5, 2023

Cape Coral Waterfront Property Information

Waterfront Info

Cape Coral Waterfront Properties

Ok for site CC homeCape Coral offers some of the most affordable housing in Southwest Florida, and, with more miles of canals than any other city in the world, a large portion of these properties are located right on the water. This “Waterfront Wonderland” offers high-end homes, modest homes, and everything in between. A perfect community for anyone who has ever dreamed of having a home right on the water.


Cape Coral and surrounding waterfront communities have the following types of waterfront  - Beachfront, River, Gulf Access, Freshwater, Lakes and Basins. A real estate agent requires highly specialized waterfront knowledge and experience in order to find you the right home, location and value. To ensure you don't overpay for a property and know all you should about waterfront properties, call Lisa Sawyer @ 239-292-2479 or Jenna Billman @ 239-851-3744 or email us.

See Info For:
Bonita Springs Waterfront Properties | Estero Waterfront Properties | Fort Myers Beach Waterfront Properties | Fort Myers Waterfront Properties
Naples Waterfront Properties | Sanibel and Captiva Waterfront Properties | Pine Island Waterfront Properties


Money Magazine acknowledged Cape Coral real estate and the surrounding metropolitan area as the 6th Best Place to Live out of 300 metro areas in the United States. Cape Coral real estate is not just a retirement community (median age of only 41.6 years old). Cape Coral is also the second largest city by area in Florida.


The most desirable waterfront property is beachfront, and of course the most expensive. Options are abundant, from very small condos  to cottages and small single-family homes, up to luxury beachfront mansions in the multi-million dollar range.

The communities in Lee County best known for beachfront real estate are Fort Myers Beach, Sanibel/Captiva, and Bonita Beach. We also service waterfront clients in Naples and Marco Island, the most exclusive beachfront communities.


Cape Coral has only 375 riverfront properties on the mile-wide Caloosahatchee River. Less than 10% are vacant lots. There are also numerous beautiful riverfront homes in Fort Myers. If you live on the river in Fort Myers you'll experience spectacular sunsets, while in Cape Coral you'll be dazzled by the glorious sunrises.


In both Cape Coral and Fort Myers, prices vary based on age & square footage of the home, amenities, lot size, and proximity to the Gulf of Mexico. 


There are approximately 250 miles of gulf access canals, lined with existing homes and vacant lots. The Southeast and Southwest sections of the Cape are more developed than the northern half of the city.

Southeast Cape was the first area developed in the city, and thus has many older and smaller homes mixed in with luxury waterfront homes. Due to the desirable Gulf proximity, many of these homes are being torn down and replaced with large luxury homes. SE Cape is about 90% developed.

Southwest Cape - offers newer higher-end homes, wide canals, and public utilities in most neighborhoods. This section is about 90% developed, and the most sought-after gulf-access area in the Cape.

Northwest Cape is the next upcoming desirable are for gulf access homes. Many new homes being built with most on well and septic but public utilities will eventually be made available. NW Cape is approximately 50% developed, depending on how far north of Pine Island Road a home is located. 

Northeast Cape: There are no gulf access canals in the NE section of the Cape, but the most reasonably priced freshwater canal homes are in this quadrant.


Gulf access home prices are based on age & square footage of the home, amenities, lot size AND:

  • Width of canal (80 feet wide - 260 feet wide)
  • Lake, basin, or intersecting canal view
  • Direct/Sailboat Access
  • Water access restricted by a bridge(s), boat lift, or lock
  • Distance to the river & Gulf of Mexico
  • Location within the city (Southeast, Southwest, Northwest)
  • Rear exposure of the home (south & west are most desired, followed by east then north)
  • Desirability of neighborhood


There are approximately 150 miles of freshwater canals in Cape Coral. Freshwater homes and lots are located in all four quadrants of the city. Freshwater is considerably less expensive than gulf access and thus provides an affordable option to live on water. You can still dock your boat in your backyard, fish, boat/kayak/canoe through canals and lakes on many canals, but you cannot access the Caloosahatchee River or the Gulf of Mexico via a freshwater canal. Still a very nice backyard water view,  and a great alternative if gulf access is not in your price range.


Just as with Gulf access homes, prices are based on age and square footage of the home, amenities, lot size AND:

  • Width of canal
  • Lake, basin, or intersecting canal view
  • Location within the city
  • Rear exposure of the home
  • Desirability of neighborhood

There are numerous factors to be carefully considered when buying waterfront property. This is the reason waterfront specialization is crucial when selecting your real estate agent.

Nov. 5, 2023

Cape Coral Assessments

Cape Coral Assessments

Understanding Cape Coral Assessments

Over the past 25+ years Cape Coral has been installing public utilities (water, sewer, irrigation) to parts of the city. The Southeast section was the first quadrant where utilities were installed, and assessments in this area are fully paid for on both homes and lots.

The average cost of utility installation is approximately $25,000+. A property owner has the option of paying off the entire cost when installed (often at a discount) or paying it off over a 20 year period with an interest charge. This is the option chosen by the vast majority of property owners. The average yearly cost is $1,500+ to $1,800+, depending on the year of installation, and this cost is added to your yearly property tax bill at the end of the year. Should you sell the property the remaining utility balance is typically passed on to the subsequent owner.

If you are interested in a Cape Coral property and wish to know the remaining assessment balances and the yearly cost, you can verify at

Nov. 5, 2023

Ways To Tell It's Fall In Southwest Florida

Ways To Tell It's Fall In Southwest Florida

cape coral waterfront homes

Although our change of season from summer into fall is much more understated than in other parts of the country, there are definitely indications that autumn has arrived . . .

  • The Gulf waters drop from the summertime bathwater temps to a temperature that’s actually refreshing
  • Our roadways fill with out-of-state plates as the snowbirds make their annual pilgrimage back
  • At the first sign of a “cold front” (below 80 degrees) we pull out our long sleeved shirts, sweaters, and pants.
  • We can make it all the way to our mailbox and back without breaking into a sweat
  • We turn on our pool heaters to keep the water at over 80 degrees (our Florida blood can’t take it much cooler than that)
  • As the humidity and temperatures drop, on some days we’re able to shut off the A/C and open windows and doors to air out the house
  • We’re able to boat any time of day, with no worries of beating the afternoon rainstorms
  • As the summer rains disappear, grass growth slows way down and we need only cut our lawns every other week
  • We can sit on our lanais in the evening without having a fan blasting on us
  • With the end of hurricane season just around the corner, we all stop thinking about hurricanes
  • With the slightly cooler temps, Farmers Markets return in various locations throughout the area.

Move to Southwest Florida

As you can see, fall is beautiful in Southwest Florida. Come on down and enjoy this beautiful weather! Why bundle up in layers up north, when you can be comfortable down here?  

If you’re looking to buy a home in Cape Coral, Fort Myers, Naples, or other Southwest Florida town, let us help you!  Contact Lisa at 239-292-2479 or Jenna at 230-851-3744

Posted in Blog
Nov. 5, 2023

Biggest Mistakes of Home Sellers

Biggest Mistakes of Home Sellers

cape coral waterfront home

If there’s a lot of buyers out there, you might think it will be easy to sell your home, especially if there aren’t many other homes on a market – this is called a seller’s market. However, there’s many reasons you’re home won’t sell, even if it’s one of the few homes available.

In a survey conducted by ActiveRain, an online community of real estate professionals who write blogs, exchange best practices and share information, it was revealed what realtors believe the top reasons or mistakes as to why homes don’t sell.

  • 77% of realtors believe the home was overpriced.
  • 34% of realtors said the showing ability.
  • 32% of realtors said it was a cluttered space.
  • 21% of realtors say sellers are unable to negotiate.
  • 28% of realtors say there are unpleasant odors in the home.
  • 20% of realtors say sellers won’t make repairs.

Selling a home can be harder than it sounds. Before you sell a home, you should try to anticipate problems before they come up. Selling a home is a major process with lots of steps including listing, making repairs, finding a buyers, navigating the closing process, and moving to a new place. 

Here are some more common mistakes when selling:

  • Underestimating the cost of selling. You want to estimate your net proceeds, which is the amount of money you will pocket after selling costs are accounted.
  • Selling at an unrealistic price. Often, the price you want is not what the market will pay. You want to hit a “sweet spot” in between asking for too much and too little.
  • Only considering the highest offer. The highest offer isn’t always the best offer, especially with contingencies, which are conditions that need to be satisfied for the sale to close.
  • Ignoring repairs. If your home needs a lot of repairs, it can turn off buyers and decrease the value of your home.
  • Not preparing your home for sale. You want your home to look clean, uncluttered, and well-decorated.
  • Choosing the wrong agent or way to sell. You want to choose a realtor/agent who has your best interests at heart.
  • Limited showings. You need to cooperate when your agents can show the home.
  • Skipping necessary preparation.
  • Not staging the home.
  • Taking poor photos of the home.

Selling a home can be overwhelming, but if your properly prepare yourself and your home, work with a good realtor, and are a aware of these above common mistakes to avoid, you will have a better chance of getting your home to sell easier and faster. 

At Cape Waterfront Living, we don’t just help people find homes, we help people sell their homes in Southwest Florida, as well.

If you need help selling and getting your home to sell, let us help you! We can help make your home inviting to potential buyers of all ages. We can also help look for a new home in Cape Coral and other cities in southwest Florida, as well!


Posted in Blog
Oct. 9, 2023

FL Residents Tax Information

Florida Residents Tax Benefits 


Florida is one of only a handful of states that has no state income tax or inheritance tax! This is another reason many wealthy and retired people are so attracted to Florida. (Besides the great weather and lots of water.) Additionally, the state provides very favorable property tax benefits for residents.


On January 1, 2008 voters passed Proposition 1 property tax measure, once again making Florida one of the lowest taxed states in the nation. Here is a condensed explanation of current property tax laws:

Homestead Rule

If the home is your primary residence, you are entitled to a $25,000 Homestead deduction, $50,000 per married couple.
Example: if you purchase a home that is assessed at $400,000 you will be taxed on $350,000 of Assessed Value if married.

About a month after buying a home, the Assessor's Office will send you a questionnaire and a Homestead Exemption form. Be sure to complete both forms and return them to the Assessor's Office. The homestead exemption will be applied beginning January 1st of the year following your purchase. The Lee County Assessor's office is located in Fort Myers and the phone number is (239) 533-6100. If you have any questions or concerns about homestead exemption give the Assessor's Office a call.

Besides the homestead exemption, there are around two dozen other exemptions. There are exemptions for deployed servicepersons, disabled veterans, homeowners who suffered damage from a storm or other catastrophe and the list goes on. There's even a Super Senior Long Term Exemption that completely exempts some senior citizens who have lived in their homes for more than 25 years from having to pay any property taxes at all. Check with The Lee County Assessor's office for a full list of exemptions. 

Maximum Yearly Increase (SOH - Save Our Homes law)

If your primary residence (Homesteaded) appreciates during the year, property taxes can only increase by a maximum of 3% (or cost of living - whichever is less). Non-Homesteaded or investment property taxes cannot increase by more than 10%, regardless of how much the real estate market may rise during a strong market. This is why someone who has lived in a home in Florida for a long time will have a tax bill far lower than the market value of their home would otherwise dictate. 

If real estate values decrease, your assessed value will decrease accordingly, whether you are Homesteaded or not. However, if the real estate market turns upward by 20% or 30% in a year, your tax assessment can only increase by 3% if Homesteaded, and by 10% if non-Homesteaded. This property tax limitation benefits second homeowners, foreigners, investors, as well as Homesteaded owners.


When you sell your primary residence, you may transfer the difference between the original assessed value and the current assessed value (up to $500,000). This is called Portability. You then deduct the difference from the next property’s assessed tax value if the new property is the same or higher value.

Example: You buy a Homesteaded property with an assessed value of $400,000. You later sell that home with an assessed value of $600,000. You have $200,000 in “Portability” that can be deducted from the assessed value of your next residence. This is in addition to the $50,000 Homestead exemption. Assuming you purchased your next home that is assessed at $600,000, you will only pay taxes on 350,000!

If you buy a home that is less expensive than the one you sold, and the old property increased in value, you may still apply a percentage formula to save on property taxes. Before portability came along, some homeowners wouldn't consider a move because they didn't want to lose their low tax bills. With portability, they can take the savings with them, up to a maximum of $500,000.

Timing and Other Information

Most of the complication involves portability. Portability requires a separate filing that many homeowners don’t realize they have to complete. Also, there are time limits for moving portability. Thanks to the passage of Amendment 5 on the November 2020 Florida ballot, you now have until the end of the second year following the year in which you sell your homestead to establish your next Florida homestead. If you sold in December 2020, you have until Dec. 31, 2022, to buy and move into your next Florida homestead.

Have you ever noticed that oftentimes the market value of a home on the tax rolls is far below what it will likely sell for? It’s OK for the tax roll market value of a home to be up to 15% below the actual value, but any more than that will cause the seller’s portability to be lower than it should be. This has to be recognized and addressed before the home is sold or the loss of portability will be permanent. There’s no need to hold up the closing—just having the buyers and sellers sign a simple form, available at, can allow the issue to be fixed post-closing.

Exemptions are also a big source of lost property tax savings. Quite often, homeowners don’t realize that they’re eligible for an exemption and don’t file for it.

If you are about to list your home, check to make sure your home’s market value on the tax rolls is not substantially less than 85% of a reasonable estimated sales price. This can usually be easily fixed and doing so will not raise the tax bill for the year of sale, or for subsequent years for the new buyer.

If you forgot to file for portability when you filed for homestead on the property and you realize this before closing, many times the unclaimed portability can be claimed and passed forward to the next home, resulting in valuable tax savings. 

We have done our best to provide a simplified explanation of the property tax structure, SOH, Portability, and Homesteading, but it can still be confusing. To receive a more in-depth report on this subject you can also visit the Lee County website at

Have more questions? Contact us. We're here to help!

Posted in Florida Taxes
Sept. 29, 2023

CWL Real Estate Report~ August 2023 Cape Coral/SW FL


Slight Drop in Cape Home Prices - Bump in Inventory

As expected, and reported in our last few reports, July experienced the typical summer slowdown in home prices. MLS Pending Home Sales prepared us for prices to fall below the $500K mark, with MLS indicators showing that trend will continue for at least the next few months.


August, Sept, and October will likely have the lowest home prices of the year and probably the lowest prices of this current cycle. Not until we enter the late fall/early winter buying season and/or interest rates begin to drop can I foresee any increase in SWFL home prices.


                                                                            Cape Coral Dec 2022 vs. July 2023


Dec 2022

(Low Point This Cycle)

July 2023

Cape Coral

351 Sales     $465,000


407 Sales     $488,000

+ 15 %          + 5 %

                                               Lee County Dec 2022 vs. July 2023


Dec 2022

(Low Point This Cycle)

July 2023


Lee County

987 Sales     $547,000

1073 Sales     $584,000

               + 8 %          + 6 %


C.C. Inventory: Cape home inventory spiked to 4.5 months in July, the first time in years inventory has been over 4 months in C.C. This key indicator will dictate prices going forward


Cape Gulf-Access Homes: July’s Gulf Access home sales mirrored June’s at $900,000. There were 60 gulf-access home sales in July, 13 less than in June


Cape Coral $1M+ Homes: Luxury market prices remained solid with 15 upper-end homes averaging $1,571,000. This represents an 8.5% price increase over June’s $1M+ homes @ $1,444,000. The highest price Cape home sale in July was $3,300,000


5 FLA. Cities Top List for First-Time Home Buyers

What makes a city “best” for first timers? WalletHub looked at 22 key indicators in 300 U.S. cities, such as attractiveness, affordability, cost of living, real estate taxes, property-crime rate and quality of life.


Florida cities, both large and small, took the top 5 spots for first-time homebuyers, with our very own Cape Coral nabbing the #2 top spot. More impressively, the Cape ranked #1 in midsize city rankings (out of 99 U.S mid-size cities).


Top Cities for First-Timers:


1. Palm Bay

2. Cape Coral

3. Tampa

4. Port St Lucie

5. Orlando     


Two cities in AZ, and one each in Idaho, VA, and NV rounded out the top 10. On the flip side, nine cities in CA and Anchorage, Alaska were the 10 worst places for first-time homebuyers.


Disappointed Buyers Ask, ‘Where’s the Housing Crash?’

Someday a buyer’s market will return, but it’s not today and it won’t be tomorrow. In some U.S. metros bidding wars have returned and some are still seeing rising prices. After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing down in 2022.


Real estate economists lamented a “housing recession” and home prices seemed poised for a correction. But a strange thing happened on the way to the housing crash: Home values started rising again. According to the latest Case-Shiller home price index, U.S. housing prices have increased for three months in a row. Yes, home values were down nationally compared to April 2022 – but only by a mere 0.2%. In other words, the housing boom might be over, but this pause in the real estate market isn’t shaping up as a crash.


One obvious difference between now and the Great Recession is that homeowners’ personal balance sheets are much stronger than they were 15 years ago. What’s more, builders remember the Great Recession all too well, and they’ve been cautious about their pace of construction. The result is an ongoing shortage of homes. Tom: Please note that this is a national article and not reflective of our local SWFL real estate market, which definitely marches to its own drummer. IMO, this is a prime time for buyers to purchase a home in our local market.


When to Buy? It’s Not Just an Investment Decision

People need a roof over their heads, make a “home” a life necessity and also, on the side, a good investment. As a result, buying sooner is better than later. For the vast majority of Americans, their home is their greatest life time investment. The real advantage of putting money into homeownership is that you have incentive to ride this investment through ups and downs, because not only is it an investment – it’s also a place where you live.


Housing is a market just like stocks. Since we see stock prices reported every day, we are more aware of the swings. And it’s easy to liquidate a stock position at a very low cost. But home prices move in longer waves, though they are also impacted by the economy and interest rates.


Are we about to see another housing downturn? Despite a doubling of mortgage rates in the past year, home prices have remained fairly stable. In fact, the Case-Schilling home price index recently ticked up. The popular explanation is a lack of supply. Homeowners with a low interest rate just aren’t willing to give up those super-attractive interest rates. But builders are responding to demand, setting a 13-month high for new housing starts in May. Lisa & Jenna: Many buyers cannot wait the 18+ months it takes to build a new home and these are the buyers we see actively looking to purchase now. 


Repairing vs. Replacing Appliances: How to Decide

It’s often cheaper to fix an appliance than buy new. And while new ones tend to be more energy efficient, their high-tech features mean more things can go wrong. Manufacturers have been incorporating more technology and new features into their products.


Today’s smart refrigerators, for example, might offer an interior camera so you can peek inside while you’re at the grocery store, or it might have a screen that allows you to stream movies while you cook. But more features on new appliances mean more things that could break, and the fixes may require more specialized knowledge, which can translate into higher costs to repair.


Consumers’ expectations of how much use they’ll get out of a typical appliance have declined substantially. Previous generations may have anticipated that their washers, dryers, and ranges would last for decades, but consumers today think the typical appliance lifespan is about 10 years and many manufacturers agree.


The Association of Home Appliance Manufacturers was a bit more optimistic. Here are their findings:


Gas Range: 14.2 years

Electric Range: 11.6 years

Top-freezer refrigerator: 14 years

Side-by-side refrigerator: 11.1 years

Dryer: 13. 4 years

Top-load washer: 11.2 years

Front-load washer: 9.1 years

Dishwasher: 12 years


In the past, Consumer Reports advised replacing products when the repair exceeded 50% of the cost of buying a replacement. Consumer Reports now offers interactive tools that take into account the appliance’s purchase price, age and cost of repair, as well as estimates of the appliance’s “depreciation rate” – basically how much useful life a typical appliance in that category would have left.


In general, the more you spend on an appliance upfront, the more likely the Consumer Reports’ tool will recommend repairing over replacing. Sue: I was actually pleasantly surprised by these statistics. I would have guessed the lifespans for most of them would have been much shorter.


Facts & Stats and Tom’s Musings

The 10 Fastest Towns in Fla. Everyone is Talking About: Fort Myers was atop the list with 24,798 new residents over the past decade. With so many great perks, Fort Myers has often found itself on the lists for the best places to retire. If you’re still working, then this could also be your future home because it boasts one of the best job growth rates in the U.S. Bonita Springs rounded out the list at #10 with 5,707 new residents in 10 years.


Analysis: U.S. Needs More than 4M Homes: Buyer demand remains high, in part, because so many young adults lived with parents during the pandemic. Americans seeking to move out on their own outnumbered available housing by almost two to one in 2021. According to Zillow, there were roughly 8 million individuals or families who lived in another person’s home in 2021 and just 3.7 million homes for rent or sale. This stat reinforces that the shortage of supply will keep prices from drastically falling.


Builders Don’t Hate High Mortgage Rates: Homeowners with mortgage rates too low to give up aren’t listing their homes, pushing buyers to the new-home market – an economic boon for builders. Even at higher rates, people still want to buy a home, and many are cash buyers, unconcerned with mortgage rates. They include older adults who have paid off their mortgages, and are now looking to downsize or move to more pleasant climates.


Lee County 15th Highest Property Insurance Premiums: At $3,021 average property insurance, Lee County ranked 15th highest in the state. That may seem steep except when compared to Monroe County, which at $7,584 has the highest insurance premium out of 67 counties in the state. Collier County (Naples, Marco Island, etc) had the 6th highest property insurance in Fla. at $4,610.



Sept. 25, 2023

All About The Cape Coral Canal System

If you're new to the area or just starting to research and consider Cape Coral as a place you'd like to live, you're probably a little confused about the canal system. Not all canals are created equal! Gulf access, freshwater, sailboat access . . . what do they all mean?

Gulf access canals are canals that ultimately lead out to the Gulf of Mexico. Depending on the location in the Cape these canals will either empty into the Caloosahatchee River or Matlacha Pass and how long a boat trip takes to get out to open water depends greatly on the starting point. Travel time through the canals can vary from a couple of minutes to over an hour and a half.

What about direct access/sailboat access canals? These are gulf access lots, but they're special. direct, or sailboat access means the boater doesn't have to pass under any bridges to reach open water. If you have a large vessel that won't have clearance under a bridge, you will need to purchase a home or homesite on a direct access canal. Direct access canal homesites command a higher price, and the shorter the boat ride out, the higher the price tag.

If you don't have a large boat and don't have to worry about bridges, you will have many more, much less expensive options for canal front properties on standard gulf access canals. Bridge heights vary from 7' - 13.25' and again, based on the starting point there may be just one or several bridges along the route to open water. As with direct access canals, the shorter the distance to the river or Matlacha Pass the more desirable and therefore more expensive these gulf access canal homes and lots will be.

Freshwater canals may have miles of waterway but are landlocked, so to speak. Freshwater canals do not lead out to the Gulf of Mexico. Freshwater canals are an inexpensive option for those just wanting water in their backyard and are nice for small boats, kayaks, paddleboards, etc.... or to provide a water view.

Other factors that enter into the value of canal properties are width of the canal, intersecting canals, location on a basin or lake, long view down a canal, etc.

Come check out this beautiful Cape Coral Canal System and let Lisa Sawyer & Jenna Billman help you find your dream¯home in Cape Coral, Fort Myers or other surrounding areas in SW Florida. 



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