Hold your horses, we are not quite there yet! Here we are, market prices are going up a bit, things are climbing…but is this the beginning of a long climb back to the artificial prices we’ve encountered in 2007 and 2008? No it isn’t, we are still navigating uncertain waters and I promise you the road to riches will be quite rough.
Yes the market is on its way up, and it will keep climbing until inflation catches up with your wallet. Than the rates will go up in South Florida and you will see all real estate prices in Miami, Fort Lauderdale and Palm Beach stabilize and probably go down as people purchase a lot less homes.
So yes, you should expect the local home prices to go up, but so will the interest rates, which will slow down the recovering market.
WE GUARANTEE YOU A CASH OR TERM OFFER ON YOUR PROPERTY WITHIN 24 HOURS. CLOSE ON THE DAY OF YOUR CHOSING FOR A REASONNABLE CASH AMOUNT, WITHOUT SPENDING ANYTHING ON REAL ESTATE COMMISSIONS, OR DOING ANY REPAIRS! CALL 954-696-9660 NOW FOR YOUR CASH OR TERM OFFER!