If you’ve been following the news lately, you’ll see that there are some good signs that the worst of our real estate woes are perhaps behind us. Generally speaking, most of the recent news includes home prices ticking up, home inventories falling, new housing starts increasing, and so forth. The news, however, is never completely straightforward and clear. It’s obviously not on an entirely upward slope, but it’s definitely looking better. Overall things are beginning to look up and as far as the real estate world is concerned, this is definitely a good thing.
Considering the optimistic perspective noted above, it might just be time to get back in the market again. The Sun Sentinel recently ran an article on the real estate market in South Florida, and they note that things are clearly looking up. They point out that sellers have taken “control in negotiations as bidding wars often erupted over a dwindling supply of properties.”
If you’re in the real estate market in South Florida, looking to either buy or sell in the luxury market, particularly waterfront estates and luxury condos in an area such as Palm Beach, Fort Lauderdale Beach or Boca Raton, you might want to consider finding a knowledgeable agent like http://www.susanrindley.com. Susan Rindley is focused on the South Florida area and specializes in these types of listings. She’s a native to the area and thus knows the market well and definitely has her finger on the pulse of what the area has to offer.
Since the real estate market is on the rebound, the economy is showing signs of life and buyers are really starting to enter the market, it is important to have an expert who knows exactly what is going on. This fact is amplified in a competitive area such as the luxury market in South Florida. As the Sun Sentinel article points out: “Homebuilders grew more confident, filling orders amid increasing demand from record-low interest rates. Foreign investors helped gobble up the excess supply of condominiums built during the housing boom, prompting a new wave of condo construction across the region.”