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Buyer's Market in South Florida 2019
It is a Buyer's Market in South Florida in 2019
The tables have finally turned. It is now a buyer's market in Boca Raton and south Florida. For the past several years, sellers were calling the shots. Homes received multiple offers. Sellers stood their ground. Many sellers have not realized the market has turned or come to terms with this yet, as it happened quite recently over the past few months.
But it did happen. We are now in a Buyer's market, not only in Boca Raton but Delray Beach, Boynton Beach and Highland Beach, as well. In fact, all of south Florida has become a buyer's market.
Buyers have Options
As a buyer's agent in south Florida, when I show property now, I have more and more options of homes to show. It's been years since I've had this many homes to show or seen this much inventory hit the market daily.
Buyers have more choices now and do not have to race over because someone is going to outbid them. Days on market are getting longer. Incorrectly priced homes are just sitting.
Sellers Need to Realize
Sellers need to wake up and realize they're not going to get what their friends may have ... more
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