BRS Blog Frog

Patience, it is something few have or exercise  in the Real estate Industry. The quest for profits today leaves little room for tomorrow endeavors. No one wants to wait !

Vacant Land is very similar, it derives no income until it is improved but continuously cost you money in taxes. Many owners without patience sell their investment to soon or to low. That is why timing is so important, the biggest increase of a home price is not the house it is the land the building rests upon, this leads me to a interesting bit of information i would like to share that is not being reported.

 Land values have increased 30% in many areas of Cape Coral over the past year. Yes it is true as a land sales expert I track sales in all areas of the cape and the trend hopefully will continue. Now due to the large drop in value over the past 7 years it will be some time before we see a substantial increase but the turn is there.

Bill Counts

Builders Realty Services