Why Right Now It's Timely and Urgent to Find a Home to Buy in Florida!

Opportunities for buying a home in Florida are good right now, but may lessen soon. Here are some reasons why.

Mortgage rates continue to remain in the mid-6% range, and rates are expected to go down in 2025 as the Fed continues lowing rates (But, possible inflationary policies from the new presidential administration could push rates back up.)

So, if you’re if you’re ready to buy, and are prepared with a budget and a mortgage pre-approval, act now.

Another reason to not delay is that when mortgage interest rates are lower, home buying competition goes up.

Here is some more current good news for homebuyers wanting to buy a home in Southwest Florida.

If you know where to look, there are locations where right now it’s a Buyers Housing Market.

This means that there is more housing inventory available and less intense buyer competition happening.

The result is homes tend stay on the market longer. With sellers wanting to sell, prices can be negotiated lower (within reason).

But, be aware that as the weather starts to change in the Northern climes, there will be more buyer competition in Florida and potentially higher price bidding.

To speed up the home buying process and take the most advantage of current opportunities, work with a Buyer’s Agent who knows the local market, and how far your budget can go to meet your specific criteria.

As an experienced Buyer’s Agent I can be an advocate for you and help you negotiate a good deal that saves money.

Be aware that there have been recent changes in the manner homebuyers now interact and compensate a Buyer’s Agent.

Previously, home sellers generally set the agents’ commission — typically 5% to 6% of the home sale price that was then split between the buyer’s and seller’s agent.

Now, a new system is in place. Before you can be shown a home whether in-person or live virtual you have to sign a Buyers Brokerage Agreement, which spells out the various ways how a Buyer’s Agent gets paid and what they do to earn it.

As mentioned, right now is a great time to look for a home in Florida before the buyers from the Northern climes amass. I’m here to help you get and stay ahead.

If you want help to secure your next or first home, I’m in your corner and ready to assist!

I cover Southwest Florida communities located in Naples, North Naples, Bonita Springs, Estero, Miromar Lakes, Fort Myers, and other communities located throughout Collier and Lee Counties.

To view homes available in these areas, visit my website: sandywilderrealtor.com at Berkshire Hathaway HomeServices Florida Realty.

With my local real estate insider knowledge, I’ll help you strategize a realistic plan, find a property that meets your budget and criteria, negotiate with listing agents on your behalf, and help you avoid costly home buying mistakes.

Let me guide you through the entire process to secure your dream home in southwest Florida.

To schedule a free, consultation and strategy session (in-person, by phone, or virtual), call/text 239-850-1650 or email [email protected] or [email protected]

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