Is it?
Not really, but it sure makes for excellent headlines! Here is the latest article touting the bad side of what is happening in the Real Estate Market - The Riskiest Housing Markets. I live in Florida one of the markets that is mentioned.
Should that stop you from purchasing a home in the Celebration Florida area or anywhere in Florida? That depends on your reasoning for purchasing a Celebration Florida home. If you want to purchase a Celebration Florida home and flip it and make tons of money -- not a good idea. Do you want to purchase a Celebration Florida home to live and enjoy for several years to come? Then now might be the right time to purchase your ideal Celebration Florida home!
The media is great resource for information, but many times these headlines and articles are written at a national level. If there is one thing that I have learned is that Real Estate is LOCAL. You need to work with a Local Real Estate Expert. So read the articles, watch the news, but find a local expert that you trust and listen to their experience.
Sellers -- the most important thing you can do is not panic, price your home in today's terms and listen to your Realtor as to what it will take to sell your home. This might be incentives to buyers, staging your home or pricing it far less than what you want to. Remember the goal is to sell your home!
Buyers -- Set your goals for your housing, be willing to be in the home for two or more years. Most importantly be very aware of your financing and don't use your home as an ATM Machine.
There are many wonderful opportunities here in Celebration Florida to own your own home. Call me today to see how we can make your dreams of a Celebration home a reality!