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Market Report for July 2009 in Port St Lucie, FL
The urgency is clear and I'm hearing it from all angles - local buyers want to find something FAST before their $8000 tax credit runs out and our neighbors to the north feel that the deals are going to start drying up.For example, in the past two weeks I have worked with a buyer who is desperate to find a good home and get it closed before he misses the free government money. We've successfully found him something and we're on our way towards closing!
On the other side of the coin I've been getting lots of calls from buyers in NY, NJ, and CT that are consistently stating that they feel that the good deals in South Florida are going to start drying up and they need to act fast. Most of the people that are buying from the North are looking for condos or smaller homes that they can retire to in the near future. Although, recently I've worked with a lovely young family who want to relocate from Connecticut to Tradition or St Lucie West so the mother can work at one of the local schools.
This home-buying frenzy has really impacted my perspective about our economic hardships. ... more

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