Real Estate Market Stabilizing

The Cape Coral – Fort Myers real estate market is in a period of stabilization, bringing the market back to normal and balanced.  Sellers locally have enjoyed an unprecedented market that has favored them.  While the trend continues to show a strong sellers’ market, striking signals show that the market is returning to normal 27 months after the start of the COVID-19 pandemic.  With interest rates remaining historically low and advantageous for borrowers, existing home inventories are finally increasing.  In addition, new home construction remains on the rise in southwest Florida.  If you are interested in following real estate market trends in Sandoval and Cape Coral, please sign up for the latest news on my Neighborhood News page.