The real estate market is an ever-changing phenomenon. It can go from feast to famine in the blink of an eye. Recently we experienced the bubble with an onslaught of inventory. Then we witnessed a comeback and now…now we’re seeing some people to hesitant to pull the trigger because if they sell their home, they are concerned they won’t find anything else.
CNNMoney explored this anxious time for some homeowners. As stated in their article, “When inventory shrinks and prices move higher, it makes it even more difficult for a buyer to upgrade to a larger home. And if they can’t buy, they can’t sell, reducing the number of lower priced, starter homes.”
Everyone’s situation is different. If you are one of those homeowners in South Florida with trepidation about the market, contact me to discuss what’s best for you.
Benefit from the Strength of My Experience and call me today.
305.710.1010 | [email protected] | facebook.com/CaroleSmithRealtor
Affiliated with EWM REALTY International | Christies International of Coral Gables