Like it or not, the housing market is linked to the economy and to job growth. With consumer confidence waivering, and potential home owners concerned about job security, that apparently wouldn’t bode well for the housing market.
But the malls and stores are full of shoppers and businesses are raking in the sales. And we are selling homes left and right!
Properties that we listed for sale in South Florida during the first quarter of 2011 are for the most part either under contract and pending sale, or have already closed… A handful of the properties we listed sold very close to (or above) list price. If that’s not a snapshot on the real estate market, I don’t know what is.
Alexandra and I have seen a spike in inbound relocations, both corporate and UM related, moving to Miami. With the University of Miami the pillar to our local MIAMI community and local economy that it is, and with major corporations and hospitals such as Baptist Health now actively expanding and hiring, the Miami Real Estate Market is picking up fast.
If you have a house you’d like to sell, I’d love to talk with you about listing and selling it. We have buyers looking for homes, and with the sizeable drop in what’s available on the market for sale, it might be worth exploring selling now. I do think that a HUGE reason that property is getting snatched up so quickly is that there is is far less available than there was even a few months back. Inventory is way down…. in some sectors as much as 40% down. Call me. You can reach me at 305 793-1365 or you can reach Alexandra at 305 632-0164 … or just send us a note here and we’ll get in touch with you.