Is it a good time to buy a home in Southwest Florida? This is a question many buyers ask when they are considering purchasing a home. Buying a home is a large investment so its understandable. The answer is, the best time to buy was 5 years ago, and 5 years from now the best time was 5 years ago, and since the time machine has not been invented yet, the best time is NOW. The conditions will never be perfect, but they are great in terms of relevancy. Interest rates are at a historic low, we are not in a recession, there have been no recent natural disasters, and no foreseeable circumstances that will negatively impact the real estate market here in Southwest Florida. Even if you are not ready to move-in full time or at all, now is a great time to invest in your Florida home. You can always rent the property until you are ready to use it. Not only would you cover the costs, you may even turn a profit! The Mike Z Team are real estate experts in Southwest Florida and we know waiting until next year to purchase could leave you paying 16% more on average, plus running the risk of increased interest rates. Check out what sold last month in Pelican Bay:
Pelican Bay Sold March 2016
704 Hollybriar Ln, Naples: 4+Den, 3 Baths, 4,420 Sqft, 2 Car Garage, Sold for $1,625,000 in 491 Days
Pelican Bay Home Sold in March 2016
727 Buttonbush Ln, Naples: 4+Den, 3 Bath, 3,976 Sqft, 2 Car Garage, Sold for $1,400,000 in 363 Days
Take advantage of the market and buy your home while values are still low. Don’t stand on the sidelines and wait for another large increase in values. For more information on Pelican Bay, or similar Naples Communities contact The Mike Z Team today at 239-325-6490 or mikezrealty@gmail.com.