Having lived and worked in the area for over 25 years and founded by two partners passionate about real estate in SWFL, there’s virtually nothing our team hasn’t seen. We’re entering summer, which is generally a slower time in Southwest Florida, when snow-birds return to their northern homes, and people visiting for vacation start to dwindle. Generally, this is accompanied by a slowdown in the market for real estate. This has been the trend year-over-year for at least the last 7 years. However, 2019 is shaping up to be a special year. As a firm/real estate team we’re looking at record total transactions this year – not just fueled by our team growth and expertise, but by a heavy increase in demand.
Many areas are growing incredibly fast, in particular Estero, FL and Cape Coral, FL – both of which our team specializes in, with dozens and dozens of listings, and hundreds of sales. Estero, in particular, is growing very quickly. Just 10 years ago, it was a sleepy, albeit growing, town just South of FGCU, and Fort Myers, but with a new and very popular mall. However, even with all the growth over the last 10 years, the next 2 is shaping up to be it’s biggest boom ever. With Hertz’ headquarters having fully and finally moved at the corner of 41 and Williams Road, as well as the demand of more and more retirees moving to SWFL looking for their slice of paradise, and with a huge outcropping of luxury and middle class communities being finalized along corkscrew, it seems there is a lot of room to grow.
Similarly Cape Coral is absolutely exploding with numbers that astound agents from other areas. It has the perfect balance of luxury, middle-class, and budget homes, with plenty of land, and close proximity to the water. The Cape continues to be on top 5 growth areas for a number of publications nationwide.
The rest of 2019 is sure to bring a boom in housing, both units, as well as assortment.