Wednesday, February 19, 2014

Parkland Fl, & Coral Springs Florida February Update on Data and Statistics

Parkland Fl, & Coral springs Florida February Update on Data and Statistics
The Coral Springs Florida & Parkland Florida Real Estate market in 2014 continues to improve on a month by month basis. One main point of consideration is  difference between December and January statistics that happen every year. December  always enjoys the  highest volume of  closings because everyone tries to close and take advantage of the homestead exemption. December is usually a low month for new Coral Springs Florida & Parkland Florida Real Estate inventory, because of the Holidays.
The month of January in Coral Springs Florida & Parkland Florida Real Estate showed a marked increase in the number of homes that were put on the market, closed sales were down, and this reflected the higher closings in December. We do see that  and days on market decreased slightly as our inventory shrinks in Coral Springs Florida & Parkland Florida Real Estate .
Coral Springs Florida & Parkland Florida Real Estate market actually experienced  an increase in buyers looking for homes and a shortage of homes . In Parkland, Fort Lauderdale and Palm Beach where there is still new construction, sales are booming.  Most builders  Coral Springs Florida & Parkland Florida  are six months to a year ahead of their original forecasts. They are releasing smaller numbers of homes every 3 to 6 weeks and having price increases each time.  Currently it is taking 10 to 12 months from start to finish for the homes.  Using a good real estate agent will  help you find the many great values available.

Coral Springs Florida & Parkland Florida Real Estate is beginning to see more overpriced listings coming on the market, based on current market values. This is an interesting situation that occurs in every market that shows constant signs of price increases. Home owners that do not need to sell their homes today are looking to get top dollar for their properties and over time that does happen. In the current time it is one of the causes of a shortage of saleable homes. As prices continue to go up & interest rates are still historically low, inventory should increase in the coming months as owners get their prices. Yes your appraisals will be an issue, but a good realtor will work through that obstacle.
The last boom- bust cycle was started by the Florida Real Estate market.
Florida will be the leading indicator for this next upswing.
The State of Florida and in particular South Florida properties is relatively inexpensive compared to other popular areas in much colder climates, and around the world.  Baby Boomers wish to make Florida their retirement home, and younger families want to get away from the cold, take advantage of Florida’s Schools and expanding job markets and avoid state taxes-all in all we have the best of all worlds for all ages, lifestyles, year round residents, 2nd home buyers and investors.
For all of the reasons above Florida will be leading the country into a healthy recovery we will continue to see in 2014.
click for your FREE  Buyers guid for  parkland Coral Springs Dlorida of how to avoid 5 costly mistakes buyer make in to-days market! updated 2013 click for your  FREE Sellers guide in parkland Florida & Cpra;l Springs Fl: how to avoid 7 costly mistakes sellers make  updated 2013
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Thinking of Buying New or New Construction in Parkland Florida or Boynton Beach or Boca raton. Florida have a realtor work with you the deveoplers loves us ! call us ! 954 802 8451 to help you or emal: leaplotkin@gmail.com
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