According to a research group, prices of area homes are about to jump by over 10% in the next year. Area topping the prices of single family homes in Florida is Naples-Macro Island, and what more, there is still a scope of further increment in prices in the area.
If we go by The Cary, N.C based firm's forecast, then the prices in Cape Coral-Fort Myers are also likely to fly off the handle. Ingo Winzer, the president of the firm is optimistic about Southwest Florida as well, mainly due to an upbeat in jobs, particularly in retail and tourism sector. These markets are attracting a lot of investors. On Wednesday, he was quoted saying, "Combine speculative interest with good fundamental economic demand and you have a lot of people who want to buy
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