We spent Tuesday morning looking at homes in Cape Coral. The area is well located near Ft. Myers.
While we found several very reasonably priced - $75,000 to $89,000 - older homes in good shape, I decided that the area just felt too "old". Even with me being retired, I would not want to be in an area where the average age looks to be about 75 and where I couldn't find big name entertainment.
Cape Coral's economy is severely depressed. But if you have a retirement income or can get a job in the health care industry, consider looking here as there definitely are some great housing bargains!
The average age of Cape Coral is 39. As one of the fastest growing communities in the United States, we were also the hardest hit by the foreclosure crisis - when investors were caught mid-flip and unable to sell the properties they were holding. As a result there are excellent deals to be had in this still vibrant community! To get a good idea of what Cape Coral has to offer, I invite all your readers to visit my website at http://www.capecoralbarometer.com
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