Reply to "Engine out"

Your right, its not just Cape Coral. Hard to keep that in mind when you are in the middle of it. I'm one of the luck ones. I bought my house (first owner) on 2004 before things got real crazy. Its public information and I'm not going to sell you the house so I don't mind telling you, I paid $159K for a 4 bedroom concrete block house on 10,000 sq.ft lot. From the time I made the offer to the time of closing it was valued at $210K. one year later, the same house was selling for $325K. This house cost about $120 to build and that is all its worth. This area was largely over built, mostly investors. At one point there were only 3 houses on my street that were not in foreclosure. It is getting better, houses are selling, people are moving back in. I have another house about 40 miles south of here that I would very much like to move back into, however I refuse to sell this house in this market when I don't have to. It is a great time to buy here and Cape Coral is not a bad place to live, fishing is great, weathers great, and I am starting to see there are pantera people in our midst.