How many times have you heard folks speak of retiring on the beach? Florida has become a magnet for those seeking gorgeous weather, outdoor sports, and a relaxing lifestyle. Perhaps those are the reasons why you decided to move your family here.
The real estate market can feel like something from another world to the average person. Statistics show upward trends regarding overall growth and downward trends in respect to previously owned homes, condominiums, etc. It is challenging to navigate the world of real estate. How do you find your way in the ever-changing field of home sales and buying without tearing your hair out? With information, that’s how. Burton Homes is your Melbourne, FL custom home builder.
We work with you to create the home of your dreams. However, we know that not everyone is ready to take the leap and construct a custom built home and for those of you we want to give you helpful insight into the market here. Life on the Space Coast is nothing but a dream and we help those dreams come true. Trends are always changing so having a trusted company like Burton Homes on your side helps you make the right decisions for you and your family.
Market conditions here in beautiful Brevard County are as beautiful as the weather we are blessed with year round. Due to a thriving economy, job growth especially within the technological fields, and the second best economy (behind Texas) in the nation, this is a great time to buy in Florida. 30-year fixed interest rates at their current levels, as of January 2015, are ripe for the taking for homebuyers but, as you well know, interest rates can change in the blink of an eye. Availability for homebuyers is shrinking and now is the time to invest in an upgrade, relocation, or investment property.
Did you know that condominium sales are indicative of single-family home availability here in Brevard? Condos are selling fast and buyers who are waiting for the “perfect” condo are losing out. This trend is already occurring for homebuyers. Desirable homes are selling quickly and with a multiple offers from buyers on the table. Currently Brevard County, FL is in the midst of a real estate boom so to speak. So what does this mean for you?
If you like it make an offer because tomorrow it may not be there.
Buyers, specifically, should be on the lookout for homes. We have seen a decrease in the amount of homes for sale so when they come on the market buyers are snatching them up quickly. Prices aren’t exorbitant yet but that does not mean they won’t be. With fewer homes for sale prices can go higher especially with increasing demand.
Many homebuyers want the “perfect” home and are hesitant to purchase something that doesn’t reflect their deepest desires. If you know you have the resources to renovate or make additions and don’t want to build an entirely new home (or are not happy with available lots) choose wisely. It may be in your best interest to purchase a home that you can then spend time modifying.
If the home of your dreams isn’t available but you are ready to make the jump, call Burton Homes. Our staff is knowledgeable, competent, and ready to make your vision a reality.