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Cold Weather Benefits Florida’s Short Sale Market

By
Real Estate Agent with The Palm Beach Group

According to reports last Tuesday, almost 70 percent of the United States was covered in winter’s snow. The National Weather Service, on the other hand, stated that Florida was the only state that did not have any snow and this includes Hawaii.

With the cold weather pummeling the Midwest and Northeast, it is not surprising why many Florida agents especially short sale Realtors are suddenly excited despite the sluggish sales activity in the housing market.

The lovely Florida weather has always been used by Realtors to attract individuals and families into buying a vacation home in the state. With the other states suffering from harsh winter conditions, Florida’s warm climate is not the focus of most real estate marketing campaigns.

Of course, there are also other factors. Short sale properties are currently generating plenty of buyer interest and the no-state-income-tax is also considered to be a plus. Some agents are using the difference in weather as a sign for homebuyers to consider relocating. For them, playing in the gorgeous beaches of Florida is so much better than getting stuck in the snow.

If you think about it, there is no reason for you to not look into Florida short sale homes for sale. Retirees are prime buyers since they are the ones who are looking for a warmer climate and would certainly love living right on the beach. It also helps that the state has a little bit of everything and there is actually no reason for you to have trouble settling in.

For practicality’s sake, you might want to check out short sale homes since they are quite hot right now. They are definitely a lot cheaper than other existing homes for sale although the process involved might be a bit lengthy. Fear not, you can always hire a good short sale Realtor to make sure everything is in order.

Now, if the warm weather is not reason enough for you, then the bargain prices will certainly make you think twice. Last November, median sales price was pegged at $105,600 compared to 2007’s $184, 000.

http://www.floridatoday.com/article/20110117/BUSINESS/110117002/1006/NEWS01/Nation+s+cold+snap+may+heat+up+Florida+s+real+estate+market