A Multi-Faceted Market

bigstock-Florida-Golf-Course-Flyover-17212541I believe this is one of the most interesting real estate markets we’ve had in years. While a multitude of contributing factors influenced it, the market’s subsequent attempts at recovery have created the conditions where an assortment of opportunities exist.

Today’s real estate market is not dominated by one distinct characteristic – it is distinguished by many. No longer does the description “buyers’ market” apply. What we are experiencing instead is a variety of viable opportunities where advantages for both buyers and sellers are abundant.

  • Sellers in today’s market are much more realistic about the market’s impact on their property values. Some who have taken their homes off the market have made improvements and have been proactive about repairs so their listing stands out amongst others in their price range. They also understand that: Home Condition + Recent Solds of Comparable Properties = Listing Price. For those staying put, they have also fortunately realized some restoration to their overall property value as a good number of the country’s market sectors have seen a resurgence.
  • Bidding wars have made a comeback with multiple offers driving up the asking price of a good percentage of properties. Homes are on the market for shorter periods; many snapped up before droves of buyers even get to see them. An influx of cash buyers has also contributed to an increase in expeditious negotiations and quicker closing dates.
  • Regarding short sales and bank-owed properties, I am always clear with my clients that they need to be prepared. Since these homes are often being sold due to financial hardship, their condition should be reviewed by a first-rate home inspector. Sometimes a buyer can “get a great deal” but you also often get what you pay for — short sales are no exception. While an option, there still remains a generous percentage of motivated sellers on the market whose homes are priced as well any short sale. Many have been optimally maintained and can potentially close in 30-45 days.

We are in the mixed-bag-phase of the industry’s recovery. Give me a call to discuss what opportunities await you.

Two Bedroom Holiday Home with Fenced Yard

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Sunny and inviting, this two bedroom, two bath Holiday home shines with all its updates and refurbishments! Tidy landscaping and a very spacious backyard are framed by a newer wooden fence that completely encloses this lovely property.

The windowed bonus room makes for an ideal home office or play room while the formal dining room flows into the Great Room plan providing the perfect venue for relaxing or entertaining! Newer tile gleams throughout the common areas and sparkling newer appliances outfit the impeccable kitchen.

With a screened Florida room that overlooks the entire yard and the vegetable gardens, this family home boasts a newer roof as well as newer interior paint, lighting, and window treatments, including a newer screen door that was installed on the two-car garage.

Nestled between the water and US 19, you can enjoy the best of shopping, dining, and all the recreational activities available from this beautiful neighborhood.