As you would expect, the market remains a "Buyers market" with one of the largest ever inventories for the Cape Coral Florida area.
We expect asking prices to continue to be adjusted downward since new levels of desperation tend to set in after the tourist season.
Denial remains an issue for many sellers. These people are committed to waiting it out and refuse to lower their price....more and more will soon "see the light."
Gas prices, the economy, the war, insurance prices and the taxes are collectively matters of concern for potential buyers.
Additionally.....it has long been known that the best Cape Coral FL Real Estate buying policy is to buy when no one else is.......That would be NOW!!!!
You can contact me directly at (239)898-2120 "Your Cape Coral FL Realtor for Life"