Sunday, April 12, 2015

The sellers are living the dream!

    I am confident the following statement will serve as nothing more than an acknowledgement of the obvious for most all of my readers, but here it goes: The North Florida real estate market is trending from a top buyer's market into a seller's dream...seemingly overnight.

   It was not but a short time ago that the buyers were few and far in between with little competition to be reckoned. Just one quarter into the new year and what do you know, the asking price for a home is becoming nearly irrelevant.


    Of course I am not claiming that the market is back to the days of old, but there is no debate about its strong return. With an increasing amount of buyers scouring through the market and a still low amount of inventory to choose from, the number of 'multiple offers' on a properly-priced property is impressive. Our market here in North Florida has reached the point of real estate utopia. The sellers are selling quickly and profitably. The buyers are experiencing historically-low interest rates and still realistic purchase prices.