Finally! Wherever you go, no matter if it’s a country club, gated community, condo or fabulous oceanfront mansion, the Buyers are buying and the lenders are starting to relax the purse strings on their stringent mortgage regulations. The only thing that potential buyers are keeping an eye on is the fact that without permanent residency in Florida, their taxes can and will swoop up as the market values begin to increase; hopefully, in the next year or two.
Optimism is now not only the keyword but inherently motivating the strong sales. Of course, we all knew that the short sales and foreclosures needed to be sold and that, too, is beginning to happen. The number of new distressed properties is low and will no longer negatively impact the market to the extent it has in recent years.
The rest of our Country may not be doing as well, but Mother Nature certainly lent us a big hand this year with most of the other States dealing with frigid temps mixed with ice and snow storms to bring loaded planes filled with “we-have-had-it-with-Winter” Ready, Willing & Able Buyers to our shores.
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