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Local Columns

Cape condo supply tightens, except in dry lot condos

Before we get into this week’s topic about the monthly supply of unsold condos and the tight inventory in our current market, we wanted to take a quick look at interest rates. According to Freddie Mac, for the week ending on Nov. 5, the interest rate on a 30-year fixed-rate mortgage fell to ...

A look back at some of the owners of the land that would become Cape Coral

A cowboy turned Lee County commissioner. A man who helped create Alka-Seltzer. Kennels filled with hunting dogs. The stories that enriched the land we now call Cape Coral are magical in their shape and scope and forever a part of this community’s history. Creating the initial portrait of ...

Florida Friendly Landscaping Principle #3: fertilize appropriately

I used to be of the mind set that, if a little fertilizer does the trick, more fertilizer will do an even better job of ensuring happy, healthy plants. As you might imagine, there can, indeed, be too much of a good thing, and my "more fertilizer is better" approach to plant care led to less ...

Name change doesn’t alter home ownership

Dear Mr. Feichthaler: I recently purchased a house in Cape Coral and obtained a loan from a local bank. Soon after, I legally changed my last name. The lender contacted me and said I must prepare and record a deed changing the name. Do I need to go to this expense and trouble? — Veronica ...

Cape’s third quarter condo sales vault higher, prices up

The primary takeaway in the Cape Coral condominium market in the third quarter was that the number of closed condo sales vaulted higher across the board in all segments compared to both the third quarter of last year, and from the COVID-19 influenced second quarter of this year. One weakness in ...

Severe storms underscore urgency to rein in climate change

Certain messages will haunt me until my dying day. An email from a friend in Fairbanks, Alaska crossed my desk on Aug. 13, 2004. My friend, a weather satellite tracker asked, “How close are you to Cape Coral and Punta Gorda?” “10 and 40 miles, respectively,” I answered. “WHOA!” ...

Halloween: What’s lurking in your garden?

Many traditions have come and gone to mark the arrival of shorter, darker winter days. Halloween is one which celebrates the end of summer, the end of the harvest and the honoring of the dead. Here in Florida, our longer summers bewitch me into easily forgetting that fall is here, but ...

Cape Hospital has been serving local community for 43 years

An evolution of expansion and new programs encompasses the history of Cape Coral Hospital. As the city’s primary healthcare facility celebrates 43 years of serving the residents of Lee County, the hospital enjoys a remarkable past. Much of that past will be on display when the Cape Coral ...

Dealing with capital gains tax

Dear Mr. Feichthaler, Could you please write an article about capital gains tax? My understanding is that it is a federal tax rule, are there any differences by state? And are there any ways legally to avoid the tax? Thank you so much. I enjoy your column. Take care — Jennifer H., ...

Third quarter supply of unsold homes sharply lower

There is no masking the current theme in the Cape Coral single-family home market now that the results of the third quarter are in the books. Featuring a big rebound from the COVID-19 shutdowns earlier this year, while being supported by stronger prices, record sales levels and a solid pipeline ...