It is a Buyer's Market in South Florida in 2019
The tables have finally turned. It is now a buyer's market in Boca Raton and south Florida. For the past several years, sellers were calling the shots. Homes received multiple offers. Sellers stood their ground. Many sellers have not realized the market has turned or come to terms with this yet, as it happened quite recently over the past few months.
But it did happen. We are now in a Buyer's market, not only in Boca Raton but Delray Beach, Boynton Beach and Highland Beach, as well. In fact, all of south Florida has become a buyer's market.
Buyers have Options
As a buyer's agent in south Florida, when I show property now, I have more and more options of homes to show. It's been years since I've had this many homes to show or seen this much inventory hit the market daily.
Buyers have more choices now and do not have to race over because someone is going to outbid them. Days on market are getting longer. Incorrectly priced homes are just sitting.
Sellers Need to Realize
Sellers need to wake up and realize they're not going to get what their friends may have gotten last summer. Those days are over.
Why do I Need a Buyer's Agent
If you're a buyer, now is your time - especially on resales. If you've been waiting on the sidelines, get your financing in order and find yourself a great buyer's agent - even for new construction. If you want to understand why, read about what your buyer's agent does here - and they're free to you. Because while some sellers may still today stand their ground, there is usually one who wants to sell. The key is to find them, and that's your agent's job.
Of course, this can vary by community, but I'm seeing it more and more in resales in 55+ active adult communities, gated communities and waterfront condos. Inventory is higher than it's been in years. So if you're a buyer and you've been waiting, now is your time.
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It is a Buyer's Market in South Florida in 2019
For information about pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me. I am a Boca Raton Real Estate Agent.
Contact Elyse:
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824
Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.
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Disclaimer: The information contained in this blog should not be solely relied upon and should be independently verified by professional sources. The opinions expressed herein are solely mine.
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