Locally, our sales have been steadily increasing and the buyers are returning. The dream of owning a second home at the beach has brought a new base of customers to our area. Financing is affordable and is actually easy to obtain if you have sufficient funds for a down payment and a good credit score.
I believe that we are going to see a gradual increase in prices since inventory is actually diminishing at some price points. Land is a great value right now, and the sales of undeveloped lots have supported that.
Personally, I have customers ready and willing to purchase. The dilemma I face now is too little, not too much available property.
I hope I have communicated the information you were seeking.
Paula Kroll, Broker Associate
Beach Realty of Cape San Blas