The hot Fort Myers, Cape Coral housing market helped fuel census estimates which shows Fort Myers and Cape Coral was the third fastest growing metro area in the country, with 29.6% growth.  Naples Florida wasn’t far behind at #7 with 25.2% growth.

Data was from April 1, 2000 to July 1, 2006.  SW Florida real estate is still very popular, and we are expected to grow at steady rates.  Housing supply in SW Florida may have slowed down until demand has a chance to catch-up with supply.

As this process occurs, housing affordability in SW Florida becomes more affordable, until which time we reach equilibrium again.  Housing numbers are expected to regain strength throughout 2007, while prices are expected to remain flat.