If you have been holding onto your properties waiting for the market to rebound, then it’s finally time to sell them and make a return on your investment. At the same time, this is the perfect time for homebuyers to find incredible deals in Jonathan’s Landing real estate and other residential and commercial real estate in Florida Florida, without shelling out too much money. If you delay, the market will rise and you won’t find deals like this again for years to come.
According to National Association of Realtors (NAR), the housing affordability conditions are perfect with 2012 reported as a record year in terms of the rise in the housing market. NAR also reported a healthy rise in the housing market in its February report, which is based on data collected February 25 through March 1, 2013.
The current market conditions in commercial and residential real estate in Jupiter, Florida are encouraging for investors considering the current decline in housing inventory and rise in demand. These conditions are reflected across the country as the real estate market continues to make strides towards recovery. Interestingly, the S & P Case Shiller Index showed that the market has achieved its longest year-over-year gain since 2006. Now is the best time to invest in real estate since the housing bubble burst.
The real estate market surprised investors with its downfall a few years back. Most of these investors stopped flipping homes. However, the market has bounced back since. Just like the good old days, anyone can make money by purchasing cheap homes, doing necessary repairs, and then selling it for a return. Although, tight underwriting standards and restrictive availability of mortgage could hurt the progress, many real estate investors have reported that small banks and credit unions are helping by granting loans.
Strong buyer demand and tight inventory are continuing to make prices rise for commercial real estate in Florida, which will continue during the next 12 months, according to leading analysts in the industry. Texas, North Dakota, Florida, and Michigan are expected to see a definite rise in housing prices while other states have a huge chance of catching this trend.
For more information, please contact Preferred Residential Properties. (561) 747-8987
