The answer to the question, “The best time to sell a home in Florida?” is not in a crystal ball, but right now! Florida is experiencing a robust housing market that has finally made it a seller’s market. So now is a great time for selling your old home.
There are such high prices and a massive demand for buyers. These range from experienced buyers to those taking their first steps to buying a home. So if you’re ready to make a move, you should do so now.
The inventory levels are really low in Florida. A lot of the available homes have already been purchased in the past 12 months. The city doesn’t matter either. Those areas in central Florida that were traditionally lower to achieve higher home valuation have also skyrocketed.
Areas such as Orlando, Tampa, Clearwater, Lakeland, and even Daytona beach have all seen some really decent home appreciation in the past couple of years.
The median price for homes has grown almost 24% in the past 12 months. There are also strong signals that these prices will not only stay at their rate for a while but will continue to rise at the same time slowly. Everyone is seeing this, and that’s also fueling the market to where it’s at now.
Additionally, with rates at all-time lows nationwide, there are also more that are in the process of buying a home for the first time as well. This adds to the mix of the already oversubscribed demand for Florida housing.
So how much will you profit from selling your home at the best time to sell a home in Florida?
Keep in mind that the value of your home is only determined by how long ago you bought it. Also how much you have personally had that property appreciate over that time. Other factors, such as the state of your Central Florida home and the repairs you need to sort play a part. As does any outstanding mortgage. They all are factors in whether or not you’re going to be able to maximize your home.
Those buyers that are armed with a guide to buying a house or their own personal home buying checklist are hungry to buy your property. However, at the same time will want to follow their homebuying checklist and ensure that everything is as it should be.
If you are currently in your home, and you’re not maintaining it enough to sell to a retail buyer, i.e., someone who is usually taking their first steps to buying a house and getting a mortgage, then you might want to consider looking at all-cash offers.
These will still be offers with a lot of motivation. You’ll also be able to avoid a lot of fees, and there’ll be no need to repair parts of your home. This is because all-cash buyers will always be looking to buy your home fast and as-is.
Regardless of what state your home is, it is definitely one of those rare opportunities to sell your home. And no telling how long it will last!
Don’t waste this golden opportunity to get an excellent offer for your home.