We can call this a blip or a little upswing, but make no mostake about it the Boca Raton Real Estate market has picked up. There are a number of factors that have contributed to this.
- One is the pent up demand. Buyers have been on the fences, and with the low interest rates it pushed them off the fence.
- The second is the affordability of a home in Boca Raton has increased. Now more than ever is a great time to buy a home as we have not seen these values since 2000.
- The third is an interesting factor but definitely a truism. When Chinese Drywall came out it has effected a number of neighboring cities, but not Boca Raton because Boca is an already established city with very little new construction. This has brought buyers and renters into Boca Raton from Parkland, FL and Boynton Beach, FL.
- The last one is the perception of Boca Raton Real Estate has changed. Buyers believe it is a good time to purchase. Perception is reallity and the reallity of it is it is a good time to buy Boca Raton Real Estate.
Boca is one of those unique cities that combines history, entertainment, and now affordabity. If you are interested to learn more about Boca Raton or you have any referrals looking in the area please contact me.
David Serle
Vice President/Managing Broker
RE/MAX Services
561-912-3500 Office
561-912-3502 Direct
561-756-3104 Mobile
I think your comments in 1, 2, & 4 would also apply to my secondary home market. Tiny babysteps up, but seems solid ground.
Thank you for your comment. I agree babysteps are good at least there are steps
I hope you continue to see good results in your area.
Wendy, thank you. I saw NC is getting better as well. Good luck.
I agree and think that buyers are gaining more confidence in the market, especially in the Boca area. They are realizing that the great buys are out there and that this is an opportune time to purchase. Let's hope it continues to improve....
Thank you for your comment Claudette. Lets keep it going.