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!
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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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