Price gains top charts

Cape Coral-Fort Myers market ranks second in price gains

Statistics released by the NAR for the second quarter of 2005 reveal that the Cape Coral-Fort Myers market ranked second nationally for home price gains over the past year. The average price in this market rose 45.2 percent to a median price of $266,800, trailing only the Phoenix-Mesa-Scottsdale which registered gains of 47 percent.

Clearly these record gains cannot continue indefinitely. The smart investor will need to pick their spots more carefully on a going forward basis to continue reaping gains in the market. It is our goal at Gulf Returns to help educate investors so that your decisions will be informed ones.

Home prices post record gains [CNN Money]

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