While all across the nation a housing slump is upon us, one area that is managing to stay relatively unaffected is the Southwest Florida real estate market. In particular, the community of Cape Coral is continuing to see development.

Rated as the fifth fastest growing city in the United States, Cape Coral is welcoming  people from all over the country to their seaside paradise. The city is known for its 400 miles of canals that wind their way through the city, which makes it a true water lover's dream. Nicknamed "Venice of America," Cape Coral features some of the most affordable waterfront real estate in Lee County.

There are a couple of options for those interested in buying waterfront property in Coral County: freshwater and saltwater access. Homes that face freshwater canals or lakes are generally less expensive than their saltwater counterparts, offering stunning views and a relaxed atmosphere. This option is very popular with freshwater fishermen and wildlife enthusiasts.

If you prefer, you can reside alongside a saltwater canal. This is the best choice for boaters who want easy access to the Gulf of Mexico and other local bodies of water.

Cape Coral has waterfront property for a variety of budgets, from  modestly designed freshwater homes to breathtaking luxury estates. The current median price for a waterfront home is approximately 250,000, which is much lower than one would expect to pay in such extraordinary surroundings.

White sand beaches and over 300 days of sunshine make this the ultimate destination for those wanting to relocate to a warmer climate. The average temperature here is a balmy 74 degrees, with winter temperatures dropping slightly to a still pleasant 53 degrees. No winter blues around here!

Recreation opportunities are plentiful, with water sports being at the forefront. Challenging golf courses, nature trails, parks, and bike paths provide dry alternatives to heading out onto the water.

Residents of Southwest Florida are exempt from paying any personal income tax, and there is also no public service tax. This means more money for your pocketbook.

Cape Coral also has the highly desired status of being one of the safest cities in the United States. This feeling of security contributes greatly to the relaxed atmosphere of the area, and is one of the reasons why this Southwest Florida city is so popular with retiring baby boomers.

Safety, recreation, low taxation; these are great reasons to move to Cape Coral. But the best reason to move here is the spectacular scenery. This is truly paradise come to life. Just imagine walking out your backdoor, only to have a majestic body of water beckon you to come out and play. Lie on the beach, play a round of golf, and be sure to catch a fish or two. Life is good here.

Buying a waterfront home is the dream of many people. Your dream can come true in Cape Coral.

With over 24 years experience, Bill Black is a Southwest Arizona REALTOR®  who specializes in Cape Coral Real Estate. To learn more about Cape Coral Waterfront Homes, contact Bill today!