An Important End-of-Summer Message About Our Market

There are a few recent developments we would like to share with you
as our summer season draws to an end.

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Now that we’ve entered into the second half of summer, it is time to take a look at what developments have taken place in our market lately. 

Inventory has been on the rise. This typically indicates a shift in the market, which is not necessarily a bad thing. It actually happens all the time, as real estate is very cyclical. That being said, selling before this shift takes place may be a good idea.

Our market has been favoring sellers recently, but now things seem as though they are beginning to balance. As the end of summer draws near and the school year approaches, the opportunity to capture current market conditions will fade. So if you have been thinking of listing, don’t delay.

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As the end of summer draws near and
the school year approaches, the opportunity
to capture current market conditions will fade.

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As a final note, don’t forget that Florida’s Tax-Free Weekend will be taking place between August 3 and August 5. Those with children in school won’t want to miss this chance to purchase school supplies with no state tax.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

What’s Going in the 2018 Market?

2017 was a great year. So now that we’ve reached 2018, where is the market now? What can we expect for the year to come? Here are my thoughts.

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What a great year 2017 was! Hopefully it was just as good for everyone else as it was for us.

Since we’ve officially reached the new year, I want to give you all a market update. What are the market conditions currently?

Inventory at this point is still relatively low, especially in family-oriented neighborhoods. We are still seeing high demand in the area, though, which is the reason behind the low inventory. Houses are being picked up as soon as they come on the market.

I do foresee some change ahead. Judging by inventory levels from 2016, our market appears to be shifting more toward a neutral market, which is more of a balance between a buyer’s and seller’s market. Of course, if you have a home that shows great, those houses will always sell for top dollar.

Our market appears to be shifting more toward a neutral market.

Something else to think about is the fact that weather in the north is so terrible that it’s driving people to look for houses down here in Florida. So, if you’re considering selling your house, this season might be a great time to sell.

Even if you don’t have a solid plan to move yet, at the very least, give us a call for a second opinion. You’d get a second opinion when talking to a doctor or lawyer, right?  

We look forward to having a great 2018. If you have any questions or are looking to sell your house, feel free to reach out to us. We’d love to help you out.

How Can You Take Advantage of Our Current Market?

Right now, we are extremely low on inventory in our Jupiter-Tequesta area. As a result, demand is high and it’s a great time to sell.

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Right now, we are extremely low on inventory in our Jupiter-Tequesta area.

If you’ve been on the fence about listing your home, it’s a good time to start seriously thinking about doing so.

Prices are still very high, and there’s not a lot available on the market right now. This translates to lower competition for your listing.

I live in and sell a lot of real estate in the Abacoa area. While there are 5,500 units in Abacoa, including townhomes, single-family homes, and condos, there are only 60 homes for sale. That’s less than 1% of the community’s inventory.

Even communities with larger properties like Whispering Trails are seeing high demand and low inventory. This is the case for basically every community in our area.

Just because the holidays are coming up, that doesn’t mean that right now isn’t a good time to sell.

If you are ready and want to move, now is a great time to sell. You may even think about renting while you look for something you like more than your current home. Just because the holidays are coming up doesn't mean that now isn't a good time to sell.

Speaking of the holidays, I hope you’ll take advantage of our pie giveaway for Thanksgiving.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.