Is Now the Time To Buy Your South Florida Luxury Real Estate?
Robert G. Hetsler, Jr. J.D. CPA
Inspirational Leader, Spiritual Warrior, Life & Business Strategist, Author, Entrepreneur Talks about #Overcoming Adversity, #Leadership through Inspiration, #Belief System, #Success #Importance of Progress
If you’ve been on the fence about snatching up that #luxury Miami-area real estate you’ve had your eye on, at least one industry expert says 2017 is your time to buy. According to a ONE Sotheby’s International Realty report, South Florida is a hot buyer’s market for high-end properties. Sellers are expected to reduce their prices on homes listed in the $1 million to $5 million range.
Although more luxury properties are on the market now than five years ago, prices on expensive real estate are down 3.5 percent. More inventory leads naturally to lower prices, which is good news for buyers. And with interest rates predicted to rise in 2017, now is a good time to lock in a preferred rate.
Read more about what 2017 has in store for luxury home buyers here.
If you’re in the market for upscale real estate in Jacksonville and the greater Florida area, please visit our website to find out more about our personalized service. We’ll help you close on your new luxury residence, vacation home or investment property.