We live in paradise…so there’s probably no truly “bad” time to sell a home Well, maybe when a hurricane is coming isn’t the best timing…other than that, people move here throughout the year.
So, why do I say that “now” may be a better time?
There are three main reasons…
(1) First, because the economy is extremely strong right now. More people are working (fewer unemployed) – companies are hiring, 401(k)s are up considerably over just a couple years ago.
Why is this important? Because it means there’s a bigger buyer “pool” than usual. In other words – because more people are doing well financially, there are more people who are able (and willing) to buy homes. Some are looking for primary residences – others are looking for investment homes or vacation homes.
As we get closer to the 2020 election, the stock market is likely to slow down (markets don’t like uncertainty), so we’re likely to see a downward trend in home sales if the economy is perceived as slowing.
(2) The second reason this is a good time is because mortgage interest rates are at record lows. As of this writing (February 12, 2020), people can get a mortgage for about 3.5% interest. Before the market crashed, the interest rate was hovering around 6%.
That means, the monthly payment on a $500,000 loan today costs the same as a $375,000 loan would have cost in 2007! Buyers who are waiting and aren’t cashing in on this right now are making a HUGE mistake!
If you’re thinking of selling and buying another home – whether it’s to “down-size” or you’re thinking of moving up to a bigger home – you won’t want to miss this opportunity either.
(3) The third (and maybe biggest) reason to consider selling now is because the entire Pinellas County area is currently experiencing a strong SELLER’S MARKET. This is especially true of the beach communities, where homes are not only selling for top dollar – they’re selling quickly if they’re priced and staged correctly.
We simply don’t have enough inventory for the number of buyers who are looking to buy in the area – so that drives the prices up!
If you’re thinking of selling – be sure to download your free book –
HOW TO SELL YOUR GULF BEACH HOME FOR THE
HIGHEST PRICE IN THE SHORTEST TIME
If you’re ready to buy or sell a home – give us a call today!
We provide 8-Day, 7-Night Resort Getaway certificates to everyone who meets with us to discuss buying or selling a home (regardless of whether you ultimately decide to work with us or not).
To address questions we were getting about this offer – we recently used one of the certificates to document the process. Watch the video to see how it went.
Bottom line – we spent a week in a very nice resort in Aruba – on the water – for $100 per day (includes all fees and taxes). We didn’t encounter any “surprises” such as a requirement to sit through a timeshare presentation or hidden costs that weren’t expected.
We had such a good experience, we plan to try other destinations. Next trip – we’ll probably take another couple and book a 2-bedroom unit. There are dozens of locations in the U.S. to choose from…but I’m thinking maybe St. Maarten.
Everyone, please take all precautions to stay safe!
And…when you’re thinking about buying or selling a home, please keep our team in mind. 🙂
See the scenic view from the Johns Pass Bridge – overlooking Johns Pass Village (Madeira Beach), the sandbar and Gators Cafe (Treasure Island).
You’ll also learn how Johns Pass was created – and where it got its name – along with a brief overview of the real estate market along the barrier islands and south Pinellas county.
Legislation that has been in the making for over six years regarding the Assignment of Benefits (AOB) for homeowner insurance claims has finally passed! This is good news for those making a claim against their homeowner insurance for damages received during storms, etc.
See the details provided by the Florida Realtors® Association HERE.
4 Bedroom/2 Bath, 1,632 sq ft home for sale in Pinellas Park, FL
You have to see this BEAUTIFULLY REMODELED 2-story home featuring a private in-ground SWIMMING POOL.
This home is situated on a huge corner lot and is located near Park Blvd and 66th St N in Pinellas Park – centrally located and convenient to St Petersburg, Clearwater, and Tampa with only a short 20-minute drive to the beautiful area Gulf beaches.
OPEN KITCHEN boasts lots of storage with all NEW CABINETS and GRANITE. STAINLESS STEEL APPLIANCES and recessed lighting.
The interior has been totally remodeled with new paint, new flooring, new 6-panel doors, and all new lighting throughout.
Separate large inside LAUNDRY ROOM. Laundry Room has washer/dryer hookups, new water heater and laundry closet to store your pool towels and floats.
FIRST FLOOR MASTER BEDROOM is separate from the others and boasts a huge wall-length closet.
All bedrooms have new ceiling fans and lighting with wall remotes.
From the family room, walk out the patio door to a LARGE SCREENED-IN PATIO (16’x20’) with direct access to the pool area.
LARGE STORAGE SHED is perfect for a workshop and/or craft area or just tons of storage.
NEW INTERIOR AND EXTERIOR PAINT.
This beautifully remodeled home is truly move-in ready.
Call or text to see this home:
Michael Flake – 727.888.3886
Tammy Slater-Kendrick – 727.888.3882