No I am not crazy, the economy is a wreck and housing markets are in a slump, it’s true. But we have just come off of the tax credit that helped put a lot of property under contract here at Venice FL property for sale. This tax credit which ended in April caused a lot of real estate to be put under contract creating an artificial spike in the market for a short time. As a result Venice FL Property is now resting on a historic low.
The result has been a big slow down in home sales during July. Things are slowly returning to a bit more regular market pattern. But prices are even better than before, and the selection is at incredible levels.
You can get a great deal. This is a buyers’ market and many people who are not ready to retire but are still thinking that the year round beaches, golf, fishing, tennis, biking and warm climate of southwest Florida is where they would like to spend their retirement.
Buyers right now in Florida’s real estate markets are looking for maintenance free condos and homes in a community that caters to their lifestyle choices. The features they want are pools, tennis courts and exercise facilities on premise. Basically everything they need to maximize their leisure time to its fullest.
Buyers need to keep in mind when considering to buy or not to buy a home right now is that these are actually financially historic times. Interest rates are at 4.5 percent, about the lowest anyone has ever seen. Mark my words in a few years you will overhear someone saying “I really should have bought our home when prices were at rock bottom and paid peanuts in interest” That time is today.
Choices are incredible, as there is such a large real estate inventory. You as a buyer have so many great choices, that as a Realtor sometimes it’s hard to keep up with all the great deals and options on the market just here in Venice. You can pick a beautiful, lush golfing community where over coffee every morning you overlook the stunning fairways before hitting a few balls yourself. Like the beach? Then perhaps a condominium overlooking the ocean, where you are two minutes from your door to your toes directly in the sand. If you chose Florida as your next home it’s all yours for the asking.
One of the things I so much enjoy about Venice is the incredibly diverse lifestyle options you can make and enjoy here. These lifestyle choices are directly reflected in the communities and home options available that help you live how you like to live. You could get a condo in a tennis club, and work on that backhand every day. You could plan for the future and get a home located in a retirement community where there are daily activities to participate in and services that you might need. Right now almost every lifestyle option is available and for the first time, at every budget level. Combine those wonderful factors, sunny weather and beautiful beaches, what’s not to love?
Don’t let yourself look back at the days of cheap beautiful homes in Florida at rock bottom prices and historically low interests rates and wish you would have made the move then. We all wish we had bought Microsoft shares at $20 bucks a share. Well some people did, but most of them already live in Florida as far as I can tell.
The market will eventually right itself. Baby boomers are in or edging toward retirement. Young families find the lifestyle of Venice, FL appealing. The supply and demand will eventually meet and balance out. This is the time to buy and relax and enjoy the sunshine.
Love to see some of the amazing Venice FL Property?, Call me, Christina Lavoie, I would love to be yourVenice FL Realtor