Do you feel the market is getting better in South Florida?

Asked by Jennifer Susanne Sommers, Boca Raton, FL Fri Feb 1, 2013

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David Park’s answer
David Park, Agent, Bay, AR
Fri Feb 1, 2013
BEST ANSWER
Hi-

Yes, the market started stabilizing in the third quarter of 2011, by mid 2012 the market was finally balanced between buyers and sellers. Depending on exactly what part (location) of south Florida one is looking at, I would claim certain parts of the market are now in favor of the seller.

The level of pent up demand has been incredible and we are now seeing the results of that demand entering the market.

Have more questions? Ring me up at 561.324.5707 or visit;

http://www.OceanGrande-Realty.com

Best,
Alan
1 vote
Melvin Pollo…, Agent, Boca Raton, FL
Sun Feb 10, 2013
Seems to be.
All signs currently point in that direction
Mel Pollock
United Realty Group
Boca Raton Fl
mlp2500@yahoo.com
0 votes
marc jablon, Agent, Boca Raton, FL
Mon Feb 4, 2013
As we can all see by the number of people who are literally lining up to see available listings for homes in Boca Raton, the market is getting better. It almost seems like a replay of 2005. We have too many buyers lining up for too few homes in Boca and the surrounding towns; as a result, first time buyers with mortgages are finding themselves shut out of the market.

Investors are snapping up lower cost properties and renting them to these same families who cannot purchase because of tight market conditions.

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
0 votes
Jim Plotkin…, Agent, Deerfield Beach, FL
Sat Feb 2, 2013
Hi Jennifer,
Yes the market has quite recovered. Home peices are way up over the last year. If you are interested in looking for a home I would love to answer any questions you might have.
Thanks,
Jim Plotkin
REMAX COMPLETE SOLUTIONS
561-856-2880
JIMMYSELLSHOMES@AOL.COM
http://WWW.JACOBPLOTKIN.REMAXAGENT.COM
0 votes
Joan Lorberb…, Agent, Boca Raton, FL
Fri Feb 1, 2013
The market has definitely stabilized in South Florida. Pent-up demand & low interest rates have contributed to increased sales and prices. Hope it continues!
0 votes
Audrey Viola, Agent, Boca Raton, FL
Fri Feb 1, 2013
Absolutely ! Prices are up from last year and sellers are waiting it out to get more more for their places next year , so listings are fewer and selling quickly .
One of my friends had her house listed for one day . It was shown to three people and had two contracts on it before the end of the day .
Even short sales and foreclosures are being listed for more than last year .
Buyers are now in a hurry to find something because of rising prices and smaller inventory ...Looks like it's once again a seller's market .
0 votes
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