Now is the Time to Buy a Home in Florida

Florida is one of the fastest growing states in regards to population thanks to decades of people moving from the cold northern states down to Florida. Many people chose to live in Florida for half the year and maintain residence in their hometown up north for the other half of the year. These people are referred to as snowbirds because they migrate south each year to avoid the snow and cold.

The majority of snow birds are retirees, which means Florida has the highest percentage of senior citizens than any other state. 17% of the state’s population is comprised of senior citizens. According to one report, there are a thousand new residents arriving in Florida each day.

With so many people actively moving to Florida, the housing market is booming. Anyone looking to buy a house in Florida will need to work closely with their realtor to find exactly what they are looking for. Home values throughout Florida have increased by over 7% since 2015. As of December 2017, the median home value was $216,000.

The market in Florida is growing by the day making it the perfect time to sell or buy a home. The new home sales in November 2017, where the highest they’ve been since 1992. Homeownership rates through the country are rising and are currently over 60%, which is great for the real estate market.

Finding a realtor can seem intimidating when there are so many options, but your best bet is to choose a real estate agent with a reputable company that has plenty of experience in the specific area you want to sell or buy a home. When looking for a home for sale, there are many factors that buyers focus on.

For example, most buyers have a specific idea of how many bedrooms and bathrooms they want, as well as generally how big they want the house to be. However, other factors that may come into play include the specific location, the existence of a garage, basement, attic, or pool. Some buyers may prefer a specific floor plan or layout.

Finding a real estate agent that is eager to work with home buyers means they will find the home that have the features the buyer is looking for and in the price range the buyer is interested in. When someone is ready to buy a home, they don’t want to waste their time looking at houses that will not meet their specific needs.

Choosing the right real estate agent is also essential when selling a home. With the market growing as quickly as it is, selling a house at market value should not be a problem. An experienced agent will quickly be able to match your home with potential buyers that are interested in what you have to sell.

Successful real estate agents are the ones that can easily connect with people on a personal level and are customer service focused. Meeting a potential agent before hiring them is the best way to gauge their commitment and ability to connect with people.

Leave a Reply

Your email address will not be published. Required fields are marked *

RSS
Follow by Email