Real Estate Season: Hot Springtime Demand About to Start!
Real Estate Season - Home Buying and Selling Hot Springtime Demand About To Start! The first month of each year when home buying starts to heat up is always April. Experts at the Florida Association of Realtors are expecting the next 4 months (April to July) to have the highest number of buyer and seller transactions all year. Considering real estate transactions have already started this year off at an extremely fast pace, it is exciting to think about the upcoming spring season of 2016. Sellers will remain in the driver’s seat at all pricing levels. Inventory of homes around $100 to $125K are sparse and extremely competitive, down 8.6% since January of last year. At this price point, there are typically investor type properties needing work and / or updating. You can also find homes and townhomes that attract first time homebuyers looking to step into the real estate market. Overall inventory has been sub 4 month levels all year long here in Florida, a...