Sanibel and Captiva Island Short Sales and Foreclosures can be found, however they are less prevalent than in other areas. Many factors come into play that tend to buffer our islands during economic downturns.
Factors that tend to buffer our market include:
- Many Island property owners paid cash or no longer hold mortgages.
- Many properties generate investment income as vacation rentals.
- Many Island properties are purchased as second homes or winter residences.
- Our islands are a global destination and economic downturns result in an increase international investors.
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