Updated: 10/5/2020
Many economists are saying that 2021 is the year that our market may see a decline later in the year. As you may know that New York and other major cities in the US have already slipped back toward a Buyers’ market. Here in South Florida we are still in a strong Seller’s Market here as supply and demand is in favor to the seller and many sellers are still receiving multiple offers. Due to Covid19 there is currently a lack of inventory as many homes sold but not many new properties have not entered the market. Here are the top 4 reasons as to why now is a great time to list your home for sale.
1. Many buyers from New York and other states are flocking here because Florida's taxes are lower.
2. Due to the Covid19 many people are moving from other states where they can spread out and enjoy the year round outdoor weather!
3. As of right now theres a strong surge of investors and also buyers because interest rates are at an all time low!
4. There is a lack of inventory of homes for sale in South Florida which has created an increase in demand, which means less competition for you!
So, if you have thought about selling your home now is the perfect time and may be your last chance to sell your home for top dollar for several years. Feel free to call, text, or email me and I would love to chat and send you a free Home Value Report giving you statistics specific to your neighborhood. #whatsmyhomeworth #sellersmarket #southfloridarealestate #southfloridarealtor #dreamhomesinmiami #homevaluereport