This was posted on a real estate investing social media site that I have participated in for the last decade. I can tell you for a fact that Cape Coral houses are definitely on sale right now. It is a great time to buy a house because the prices have been dropping since June of 2023. Yes, I understand that interest rates are high right now but the rates will come down over the next few years and at that point the house could be refinanced at a lower rate. But, the prices here will not last long. They may continue to decline for another 6 months but that will be it. So, buy now!
| Neighborhood | Median house price | Year-on-year change |
|---|---|---|
| Elmira, New York | $135,800 | -15.10% |
| San Antonio, Texas | $305,800 | -4.60% |
| Cape Coral, Florida | $415,000 | -4.40% |
| Panama City, Florida | $351,000 | -3.80% |
| Boulder, Colorado | $822,400 | -1.70% |
| Salem, Oregon | $446,000 | -1.70% |
| South Bend, Indiana | $180,000 | -1.60% |
| Logan, Utah | $436,100 | -1.30% |
| Baton Rouge, Louisiana | $260,000 | -1.10% |
| Peoria, Illinois | $127,200 | -1.10% |
| Shreveport, Louisiana | $213,600 | -0.90% |
| Myrtle Beach, South Carolina | $366,100 | -0.60% |
| Austin, Texas | $466,700 | -0.30% |
| Crestview, Florida | $399,000 | -0.20% |
| Little Rock, Arkansas | $202,800 | -0.10% |