In my local real estate market in Boca Raton, and Highland Beach FL it is very seasonal. Many of the Highland Beach condos or Boca Raton Country Club Homes sell from December till April, and single family homes in Boca Raton sell in April through August. . We are definitely gearing up for a great season. While the rest of the country went through a horrible and cold winter it was a very pleasant one in South Florida. I look at the pending sales and they have increased over the last couple months, and I am noticing a sort of new found feverish perception of the Boca Raton real estate market.
- In January Barack Obama became our new President.
- The media and the so called experts are starting to talk more positively about the real estate landscape.
- The stock market is so volatile that many investors are starting to invest in long term real estate.
- The builders are realizing it less expensive to build and finish the properties then to have their contractors sit around and do nothing.
So with new construction gaining, a spike in consumer confidence, a new President, and the media talking positively about the real estate market we should see a little spike in our season. How is your local market doing? I am interested in seeing what other markets are doing around the country.
David Serle
Vice President/Managing Broker
RE/MAX Services
561-912-3500 Office
561-912-3502 Direct
561-756-3104 Mobile
Hey David,
I am definitely busier today than I was one year ago and I am seeing buyers buying homes for incredible prices. I also think more homeowners are coming to grips with the fact that their home is not worth what they thought it was which hopefully helps clear some of that inventory which is killing all markets.
Thank you Khash for your comment. I am glad to see people across the country are busy as well. Here is looking towards a great year for all of us.