Recent News

Real Estate News Listed by:

Advertisement

Bargain Homebuying Tips Category

Confident of Real Estate Recovery – Boca Raton

posted on March 14th, 2011 filed under: Bargain Homebuying Tips

confidence-up

Boca Raton – Confidence & The Real Estate Market

The Florida Association of Realtors reported that 68% of Americans believe that the real estate market and property values will recover during the next two years based upon a survey conducted by Prudential Real Estate and Relocation Services. The good news is 86% of Americans feel that investing in real estate is still a good investment. The survey also revealed the 58% of Americans were more interested in buying real estate and 59% were optimistic about buying as a result of the economic recovery. Eighty-nine percent of Americans realize that they can purchase a house at a much lower price than they could before the bubble burst. Some buyers are still not purchase a new home because they need to sell their existing homes and 67% of those are concerned about getting a decent price for their homes. Forty-five percent of the buyers surveyed want to trade up for a larger home, and 21% want to scale down. Seventy-eight percent of sellers reported they were satisfied with the sale of the home during the past year, 46% were grateful they sold their homes in this down real estate market and only 22% were disappointed or angry about the price they received.

All in all it’s a great time to buy Boca Raton real estate. Prices are very affordable in all neighborhoods and price ranges. Inventory is still abundant and interest rates are still great. The survey also stressed the importance of pricing your home properly. Seventy-five percent of those surveyed believed that working with a Realtor was important. Boca Raton sellers who are motivated and price their homes at or slightly below market are seeing their homes sell quicker. If you are contemplating buying or selling Boca Raton real estate, please call us today for more information.

posted by Caesar Parisi // Leave A Comment