Sam Yaffey, Realtor

Sam Yaffey, Realtor Sam (Rosa) Yaffey, A Top Realtor in SW FL for several years! Search homes at SamYaffeyRealEstate.com
239-410-2324
[email protected] A Top Realtor in SW Florida

I L❤️VE living in SwFL. Here's 2 photos from my backyard this morning of thunderheads out in the Gulf highlighted by the...
09/14/2026

I L❤️VE living in SwFL. Here's 2 photos from my backyard this morning of thunderheads out in the Gulf highlighted by the sun's early rays.

Where is our local housing market going? 9/13/2026. Looking at the chart below which has the latest market data for Ca...
09/13/2026

Where is our local housing market going? 9/13/2026. 
Looking at the chart below which has the latest market data for Cape Coral, the data shows that for year over year (YOY) August 2026 compared to August 2025: Prices are up and inventory is down. It also shows that prices are up year-to-date (YTD) for 2026. (You may have to enlarge the chart, if you're not using a large screen.)

Also reported this week is that home prices are up 2% nationwide as well.

All of these market improvements bode well for a better housing market for Cape Coral going into season.

However, we've got these little problems called inflation and interest rates. Sigh.

Friday's Consumer Price Index (CPI) data revealed inflation rose 0.4% from July to August, faster than the 0.1% increase the month prior but in line with economists' forecasts. The August CPI was up 3.4% year over year, the same as July and matching experts' projected estimates, which means it was no surprise to financial managers, large investors etc.

The Fed meets next week. Many economists and market experts believe that this data indicates suggest that the Fed will have to hike in order to help inflation return toward the 2% target. Predictions of a September rate hike run between 78-90%. Some pundits are predicting multiple rate hikes in 2026! YIKES!

Not good for the housing market nationwide.

Yet we all know that oil and gas prices are the demon that's causing inflation because of the impact of the war with Iran on oil being shipped through the Strait of Hormuz.

Several experts say this is a very unusual situation and that rate hikes will not drive inflation down because rate hikes won't open up the Strait of Hormuz.

So how will the Fed view the latest data? Will they respond to inflation with typical reaction of higher rates? Or will they recognize that raising rates won't cure inflation in this case and raising rates will only punish mortgage markets, housing markets, and other aspects of our economy?

We have to wait till Wednesday afternoon this week to find out.

Many hope the Fed will also consider that the economy is providing some encouraging signals.

The latest US employment report was particularly strong. The Bureau of Labor Statistics reported 162,000 new jobs in August—roughly three times the 53,000 jobs economists had expected. Plus the unemployment rate remained at 4.1%.

Another indicator reported this week is that credit card delinquencies nationwide also declined.

Other recent economic indicators are also showing strength. Durable goods, an important measure of manufacturing activity, have increased about 8.2% annually over the past three months. Business investment, commonly referred to as capital expenditures or "capex," has increased approximately 9.5% annually over the same period.

Yet the bottom line is, if you are a Buyer, the data clearly indicates there's less inventory and prices are up.

Plus if voters approve Amendment 3 in November, not buying now will impact your ability to receive all the tax benefits Amendment 3 provides to those who are homesteaded by December 31, 2026. Plus not being a resident who owns a home by Dec 31, will trigger the 5-year waiting rule for receiving the additional benefits that Amendment 3 includes.

So sitting and waiting for a major improvement in interest rates or the economy is not smart. That interest rate can be refinanced later, and may go up, not down, over the next few months.

So, I continue my rant:
Buyers, What are you waiting for?
A Seller's market like 2022-3 so you can pay more?
SNOOZE YOU LOSE!

Here's some articles I collected for you this week:

- Home prices up 2% nationally August 2026. www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-2-0-decrease-in-august

- The Most Tax-Friendly States for Retirees in 2026 - FL the only warm one! You'll need long johns for the others. www.moneytalksnews.com/slideshows/the-most-tax-friendly-states-for-retirees-in/

- Cape Coral continues to grow. Ranked third nationally for inbound moving demand this year. WalletHub ranked Cape Coral the nation’s 13th-best city for retirees, including 14th for affordability and 26th for quality of life. www.gulfshorebusiness.com/gb-daily/cape-coral-growth-puts-pressure-on-roads-services/article_47c0fe09-00a2-4673-9be6-871f4adc41d8.html

- FL Insurance Costs Go Down (Cars and Homes) as Litigation Declines. www.gulfshorebusiness.com/gb-daily/florida-insurance-costs-fall-as-litigation-declines/article_a15fa02b-5f98-480a-99e7-81a10fcdad5d.html

- Wells Fargo CEO says consumers look 'really strong' from a credit perspective. https://view.spiro.media/order/a7539053-87d1-4946-1bec-08df053a7edb?version=19_159&branding=false

- This may help you qualify for your next home. Fannie Mae and Freddie Mac have opened VantageScore 4.0 to all approved single-family lenders, advancing FHFA’s credit-score modernization push and giving originators an alternative to Classic FICO www.housingwire.com/articles/gses-broaden-vantagescore-4-0-access-rocket-uwm-dominate-volume/?utm_campaign=Newsletter - HousingWire Daily&utm_medium=email&_hsenc=p2ANqtz-8DTJaG0bQRoLp1xWBkoN4xOXY2yMHkPcEDKBenkMoXyWYd3vlckpjQx1VQ0II8dK9Rxopzb1II1DKV4OLcgPRFKKGivQ&_hsmi=438267215&utm_content=438267215&utm_source=hs_email

If you are thinking of selling, contact me and I'll discuss your options and concerns realistically. I won't sugar coat, like many agents do just to get your signature. And I'll show you what similar homes to yours sold for and are listed for.
Have a Great Week, Sam
239-410-2324
[email protected]
SamYaffeyRealEstate.com

25 Ways to Get Instant Curb Appeal for Less Than $100. Here's a great article from HGTV on easy ways to improve your hom...
09/12/2026

25 Ways to Get Instant Curb Appeal for Less Than $100.
Here's a great article from HGTV on easy ways to improve your home's curb appeal. The mailbox garden in the below photo is a simpe, inexpensive project. Just remember some things are more appropriate in places other than SWFL, but many of the ideas work well here too. Just make sure you comply with local ordinances such as the idea for a picket fence that may require a permit.

And if you're not sure it will work for your home, just reach out. I see some of the nicest homes around on a daily basis and will be glad to give you my thoughts. Also if you're thinking about buying or selling, I would love to help. Call or message me any time.

Take a look at these curb appeal ideas: https://www.hgtv.com/gardening/landscaping-and-hardscaping/instant-curb-appeal-for-less-than-100-dollars-pictures

My Photo published today in Cape Coral Patch!I took this photo in Matlacha Pass from our boat a few years ago. I find it...
09/10/2026

My Photo published today in Cape Coral Patch!
I took this photo in Matlacha Pass from our boat a few years ago. I find it very calming, and something I look at when I'm having a stressful day. It takes me back to that day and my memories of just watching the clouds float by. Enjoy!
Catch up on what you need to know from the Cape Coral Patch AM daily update: https://patch.com/florida/cape-coral-fl

Learn about Chiquita BLVD Project 9/9 3-6pm at Public Works Operations Center. The City of Cape Coral invites residents,...
09/08/2026

Learn about Chiquita BLVD Project 9/9 3-6pm at Public Works Operations Center. The City of Cape Coral invites residents, business owners, and community stakeholders to participate in an open house for the Chiquita Corridor Project.

This open house will be held Wednesday, September 9, 2026, from 3 to 6 p.m. at the Cape Coral Public Works Operations Center, 815 Nicholas Pkwy E.

Attendees will have an opportunity to review the proposed layout for Chiquita Boulevard between Cape Coral Parkway and Veterans Parkway, ask questions, and share feedback with the project team.

The project is intended to improve safety and traffic flow along the corridor by reducing backups, increasing turn-lane capacity, and modifying intersections along Chiquita Boulevard and the connecting side streets between Cape Coral Parkway and Veterans Parkway. Median areas will also be adjusted to accommodate additional turn lanes.

The City encourages community members to attend, learn more about the proposed improvements, and share their ideas regarding the future of the Chiquita Corridor.

For more information, contact Wendy Williams at [email protected]
https://www.capecoral.gov/news_detail_T4_R760.php

Where is our local housing market going?  9/6/2026. Happy Labor Day!If you look at the chart below this newsletter, on...
09/06/2026

Where is our local housing market going? 9/6/2026. Happy Labor Day!
If you look at the chart below this newsletter, one thing really stands out … local home prices appear to be waiting for a reason to move.

Prices are still below the peak we saw in 2022, but they remain significantly higher than they were before the pandemic in 2020. In other words, the market has corrected from its extraordinary pandemic-era highs—but it hasn't returned to where it started.

So what could get the market moving again?

Lower interest rates of course is one thing most people want. We many soon have some much-needed clarity on the direction of interest rates as investors and consumers watch inflation, economic growth and, most importantly, the Federal Reserve meeting this month.

But here's an important point for anyone waiting for the housing market to improve:

We don't need a return to the historically low mortgage rates of a few years ago.

Even a gradual decline in mortgage rates could improve affordability enough to bring more buyers back into the market. It could also encourage homeowners who have been reluctant to sell because they don't want to give up their existing low-rate mortgages to finally make a move.

That could be particularly important in Southwest Florida, where affordability and inventory remain two of the biggest factors influencing the market.

An improving economy could also get the market moving. And the economy is providing some encouraging signals.

The latest US employment report was particularly strong. The Bureau of Labor Statistics reported 162,000 new jobs in August—roughly three times the 53,000 jobs economists had expected. Plus the unemployment rate remained at 4.1%.

Other recent economic indicators are also showing strength. Durable goods, an important measure of manufacturing activity, have increased about 8.2% annually over the past three months. Business investment, commonly referred to as capital expenditures or "capex," has increased approximately 9.5% annually over the same period.

A stronger economy can be a positive factor for housing because people are generally more willing to buy homes when they feel confident about their jobs and financial future.

Florida Has Another Potential Wild Card that could provide an additional boost to housing demand in Florida. Amendment 3, which Floridians will vote on in 2 months in November, could substantially reduce property taxes for qualifying homesteaded properties if it passes.

Lower property taxes would effectively reduce the cost of owning a home for many Florida homeowners, and be the reason many move from up north buying their home here. I met with clients recently originally from Connecticut, and they raved about how good taxes were here in SWFL. 

If Amendment 3 passes at the same time mortgage rates begin to ease, the combination would give prospective buyers another reason to move off the sidelines.

If we begin to see even modest improvement in mortgage rates, continued economic strength and potentially lower property taxes for Florida homeowners, those factors could provide the catalyst our local market has been waiting for.

And don’t get wrapped up in negativity spread about by social media. One article someone cited yesterday says people are moving out of Florida in droves but no data source was shown. Yet when yo read U-Haul’s statistics, Florida is among the top places people are moving to.

So, I continue my rant:
Buyers, What are you waiting for?
A Seller's market like 2022-3 so you can pay more?
SNOOZE YOU LOSE!

If you want more proof, read these articles I collected for you this week:

- Cape Coral ranks High as a Best City to Retire. www.winknews.com/news/lee/cape-coral-ranks-high-for-retirees-but-growth-brings-pressure/article_12dcf46f-0275-4c48-8c55-4d1b6c669cd9.html

- Southwest Florida housing market moves toward balance, as home sales increase while builders pull back on new construction, according to LSI Companies’ Q2 2026 Market Trends report. www.gulfshorebusiness.com/gb-daily/southwest-florida-housing-market-moves-toward-balance/article_43ef22d1-16f5-4673-b8f7-7d9c235074bb.html

- Cape Coral has one of US lowest principal-city crime rates and also is one of three Florida metro areas rank highly for neighborhood safety and upkeep. www.wftv.com/news/local/three-florida-metro-areas-rank-highly-neighborhood-safety-upkeep/TO7WJQXZIBD2BAAQMT2L6L57C4/?utm_campaign=daily_digest&utm_source=newsletter-daily&utm_medium=email&user_email=14628d1fa42b464cd9ac3fba3e712d87f76613e614f5f69879b8ed9537b4f5e2&user_email_md5=19f813a8b4f7944fe84deea99b7607c5&lctg=6a0eef3302972a72660561fc

- Cape Coral #2 among US Locations Most Attractive to Out-Of-Town Buyers for New Construction. https://www.nahb.org/blog/2026/08/out-of-town-buyers?utm_campaign=daily_digest&utm_source=newsletter-daily&utm_medium=email&user_email=14628d1fa42b464cd9ac3fba3e712d87f76613e614f5f69879b8ed9537b4f5e2&user_email_md5=19f813a8b4f7944fe84deea99b7607c5&lctg=6a0eef3302972a72660561fc

- Cape Coral Among Seven FL Cities Among America's Best Places to Retire. www.browardist.com/p/two-broward-cities-named-among-america-s-best-places-to-retire?utm_campaign=daily_digest&utm_source=newsletter-daily&utm_medium=email&user_email=14628d1fa42b464cd9ac3fba3e712d87f76613e614f5f69879b8ed9537b4f5e2&user_email_md5=19f813a8b4f7944fe84deea99b7607c5&lctg=6a0eef3302972a72660561fc

- Florida ranks among top 10 states to live in. www.floridarealtors.org/news-media/news-articles/2026/08/florida-ranks-among-top-10-states-live?utm_campaign=9-1-26+Florida+Realtors+News&utm_medium=email&utm_source=iPost

- 11 Lesser-Known Reasons Older Americans Still Flock to Florida for Retirement. www.moneytalksnews.com/slideshows/lesser-known-reasons-to-retire-in-florida/
Lee County tourism revenue nears pre-Ian levels. www.gulfshorebusiness.com/gb-daily/lee-county-tourism-revenue-nears-pre-ian-levels/article_d2383830-00c3-4da7-9ce9-ca3190e88ef4.html

- If you are thinking of selling, contact me and I'll discuss your options and concerns realistically. I won't sugar coat, like many agents do just to get your signature. And I'll show you what similar homes to yours sold for and are listed for.

Have a Great Week, Sam
239-410-2324
[email protected]
SamYaffeyRealEstate.com

Everybody needs a buddy. My clients’ dog is a lucky dog!
09/02/2026

Everybody needs a buddy. My clients’ dog is a lucky dog!

SWFL Tacos & Treats Fest Sept. 5, Noon to 9PM. Live music and a plethora of taco and treat vendors will fill Mike Greenw...
09/02/2026

SWFL Tacos & Treats Fest Sept. 5, Noon to 9PM. Live music and a plethora of taco and treat vendors will fill Mike Greenwell Regional Park for the inaugural Southwest Florida Tacos & Treats Festival (11831 Bayshore Road, North Fort Myers).
Admission is free for children 8 and younger and $10 per person for those 9 and older. Tickets can be purchased online at www.swfltacostreatsfestival.com.
More info at https://www.capecoralbreeze.com/news/community-news/2026/08/28/southwest-florida-tacos-treats-festival-set-for-sept-5/

Live music and a plethora of taco and treat vendors will fill Mike Greenwell Regional Park for the inaugural Southwest Florida Tacos & Treats Festival. The festival will be held from noon to 9 p.m. Saturday, Sept. 5, at Mike Greenwell Regional Park. “This will be the first time the Southwest Flori...

Why So Many People Want to Live in Cape Coral, FloridaThere are plenty of reasons people move to Florida—but there are s...
09/01/2026

Why So Many People Want to Live in Cape Coral, Florida
There are plenty of reasons people move to Florida—but there are some very good reasons why so many are choosing Cape Coral.
Cape Coral offers something increasingly difficult to find in a growing American city: a combination of safety, quality of life, sunshine, waterfront living, new homes and a relaxed Southwest Florida lifestyle.
And now, several recent national rankings are reinforcing what residents and buyers have been saying for years.
A Place Where Neighborhoods Matter
A recent national study ranking the country's best places for “good neighbors” placed the Cape Coral metropolitan area No. 17 in the nation. Cape Coral received a score of 79 out of 100, with safety being one of its strongest categories. The study evaluated factors including safety, cleanliness and upkeep, health-care access, walkability, parks and green space, and housing value.
Perhaps even more significant, the report noted that Cape Coral had one of the lowest principal-city crime rates among the metropolitan areas included in the analysis.
That matters because choosing a home isn't simply about the house itself. People want to feel comfortable in their neighborhood, enjoy their surroundings and have confidence in the community where they are putting down roots.
Cape Coral Is Attracting Buyers From Across the Country
Cape Coral isn't just attracting people from other parts of Florida. Buyers are coming from all over the country.
According to the National Association of Home Builders, Cape Coral ranked No. 2 in the United States for attracting out-of-town buyers to new construction. An impressive 82.4% of views of new-construction listings in the Cape Coral market came from buyers outside the local metropolitan area.
That statistic says something important about the city's appeal.
People aren't simply moving across town. They are researching Cape Coral from hundreds—or even thousands—of miles away and deciding that Southwest Florida is where they want to live.
The NAHB report also points to competitively priced new construction and builder incentives as factors attracting buyers, particularly those relocating from more expensive metropolitan areas such as Miami, New York and Chicago.
A Retirement Destination—But Not Just for Retirees
Cape Coral is also increasingly recognized as an attractive place to retire.
A recent WalletHub ranking placed Cape Coral No. 13 among the best places to retire in the United States, making it one of seven Florida cities in the national Top 25. The study considered factors including affordability, quality of life, activities and health care.
But Cape Coral's appeal extends well beyond retirement.
Families, professionals, remote workers and people looking for a second home are all attracted to the area's lifestyle. The city provides a mix of established neighborhoods and new construction, making it possible for buyers to choose between older homes with character, remodeled properties, waterfront homes and brand-new construction.
Florida Continues to Rank Among America's Best States
The appeal of Cape Coral is also part of a larger Florida story.
A recent WalletHub analysis ranked Florida No. 10 among all 50 states as a place to live. Florida ranked particularly well for quality of life, coming in at No. 3 nationally, while ranking No. 11 for safety and No. 17 for its economy.
Of course, Florida isn't perfect. Housing costs remain a consideration, and anyone thinking about moving here should carefully evaluate insurance, taxes, housing prices and other expenses.
But when people compare the overall lifestyle Florida provides with alternatives around the country, the Sunshine State continues to attract enormous interest.
And Then There's the Cape Coral Lifestyle
Statistics tell part of the story. Living here tells the rest.
Cape Coral's extensive canal system gives many residents the opportunity to enjoy boating, fishing and waterfront living right outside their doors. The Gulf of Mexico, beaches, restaurants, golf courses, parks and outdoor recreation are all part of the Southwest Florida lifestyle.
For others, it's simply about the everyday experience—getting outside in January without shoveling snow, enjoying a sunset over the water, taking the boat out for the afternoon or having dinner outdoors on a winter evening.
That's the real attraction.
People don't move to Cape Coral simply to buy a house. They move here to change the way they live.
Just look at this photo taken from my boat as we motored out to the Gulf!

Address

900 SW Pine Island Road #107 (Bonefish Plaza)
Cape Coral, FL
33991

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