Real Estate Blog & News

BEWARE CHINESE DRYWALL!

Florida Department of Health Chinese Drywall Information

Houses built in the years of the construction boom, and homes that needed repair during hurricane Charlie are prone to having Chinese Drywall used in them.  Any home built 2004 and newer SHOULD be checked for Chinese Drywall.  Houses built 2002 and 2003 might have the defective drywall because the drywall was allegedly in Florida in 2001. 

Chinese Drywall off gasses hydrogen sulfide, which coats metals with a black residue.  This gives off a very distinctive smell, which resembles burnt matches. This black residue has caused new AC units to fail within 2 years.  This may also become a fire hazard.  Health effects to exposure to Chinese Drywall are unknown.  Below are photos of what to look for when looking for evidence of Chinese Drywall:

    

   

 

Prices move upward

Single Family home sales in Cape Coral continue to sky rocket upward. No one can tell when we are at the bottom, we can only know the bottom once we past it. Based on sales and pricing data, I see the bottom of the single family Cape Coral market as being Feb. 1, 2009. As an example, you could have bought an 1800 square foot home, 2004-2007 for $75,000 in the beginning of Feb. Now, these homes are selling in the mid $90's.

Sales of single family homes have increased to 646 closings in March 2009.  The chart below shows the closing activity.

The supply of homes has dropped from 4649 Jan 3rd to 2944 on March 12th.

Click here for Market Stats of Actives

Click here for Market Stats of Closings

Sales of single family homes have increased to 646 closings in March 2009.  The chart below shows the closing activity.

The supply of homes has dropped from 4649 Jan 3rd to 2944 on March 12th.

Click here for Market Stats of Actives

Click here for Market Stats of Closings

Yachten in Cape Coral's Kanaelen sind sicher - im Vergleich zum Woerthersee

DRUCKEN

Samstag, 18. April 2009 Feuer am Wörthersee Piëch-Jacht abgebrannt Die Jacht der Milliardärsfamilie Piëch und 13 weitere Schiffe sind in der Nacht zum Samstag am Wörthersee im österreichischen Kärnten in Flammen aufgegangen. Die Schiffe im Wert von insgesamt rund 4 Millionen Euro waren in einer Werft in Velden am Wörthersee untergebracht.   Insgesamt 160 Feuerwehrleute rückten aus, um die Flammen zu löschen. Die Brandursache war vorerst unklar.   Die Familien Piëch und Porsche, Nachkommen des Volkswagenkonstrukteurs Ferdinand Porsche, sind mit ihren Beteiligungen an den Autokonzernen VW und Porsche der reichste Familienverband Österreichs. Adresse: http://www.n-tv.de/1139495.html