South Florida home owners selling for large profits
Have you been thinking of selling your home? Well listen closely. NOW may be the time to sell because there are large profits for those homeowners willing to test the market.
Research firm ATTOM Data Solutions reports that Sellers in Dade, Broward and Palm Beach County have received an average price increase of 45%, or appx. $78,000, in the second quarter this year. The national average is about 25 percent and this recent 45% increase is THE highest it has been in the last 10 years.
So, what does this mean for YOU? Yes, you! The reluctant home seller. This means, you might be missing out on uptick of the market. The market favors sellers now because there aren’t too many options available. Especially in lower price ranges. Home supplies have declined in all three counties this June in comparison to the earlier part of the year this is according to information from the local Realtor boards.
The inventory in Single Family Homes has decreased about 2 percent in Broward and Palm Beach, and about 5 percent in Miami-Dade.
Vinod Kulhari founded BrickStone Realty, Inc. in 2008 during a time when brokerage offices were closing due to the "bust" of the real estate bubble. Being a real estate investor since 1995, he understood the needs of customers whether they were selling or buying and was determined in providing outstanding service to clients across the board. From 2008 through 2012, BrickStone Realty has closed over 800+ transactions with a total sales volume of over $105 Million Dollars.
BrickStone Realty also offers In-House Title Services through Next Level Title, LLC conveniently located within our Pembroke Pines office. Our in-house Title Company understands the urgency of each deal and is a hands-on team player making sure that each deal gets to the closing table.
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