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Market Update

Oct. Single-Family Starts Continue to ContractHousing starts decreased 4.2% in Oct., with a larger dip in single-family home starts (down 6.1%) offset by a smaller dip in multifamily starts (down 1.2%).Elevated mortgage rates, high construction costs for concrete and...

Cape Coral Downtown

An empty lot between Cape Coral Parkway and SE 47th Terrace will turn into 280 apartments, retail, office space and another garage. That project is called the Cape at 47th. The Cove at 47th is a $103 million mixed-use development that will include 327 luxury...

Self-employed borrowers

Fannie/Freddie started requiring extensive recent financial info from self-employed workers due to COVID, but some may now find it easier to qualify for a loan. Fannie Mae and Freddie Mac finally eased the two biggest COVID-19 era loan obstacles of the past two years,...

Purchasing a Vacation Home

Considerations to make before buying your first vacation home.Rental options, if you want or need to lease it out. This point goes back to your initial budget. Can you afford the property outright or do you need rental income to help with the payments? The IRS...

Bimini Basin Development

Bimini Basin project in Cape Coral The goal of the Bimini Basin project is to bring a parking garage, apartments, stores and even a waterfront restaurant to Cape Coral. Now, that goal is one step closer to being complete.The project could mean a rise in tourism. But,...

Do I Really Need Title Insurance?

If you pay for a title search, why do you also need title insurance? And if I’ve never heard of anyone that had a title insurance issue, why do I have to buy it? There are too many issues that even the best title search cannot find, and compared to the cost of your...