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SOUTH FLORIDA IS STILL A GREAT PLACE TO BUY A HOUSE |
| Date Added: July 26, 2011 02:53:55 PM |
| Author: Angela Dixon |
| Category: Business & Economy: Business Schools |
| Everywhere you go it seems that real estate is the topic of conversation. Real estate was always a hot topic. South Florida, including Palm Beach, Broward, and Dade were in the for front of the real estate bubble and now as many markets are still losing value it appears that in my area, specifically Lake Worth, Boynton Beach, Wellington and Delray Beach, prices are stabilizing. We have noticed specifically in Lake Worth, Boynton Beach, Wellington and Delray Beach, despite what much of the media says, good properties, fairly priced are selling quickly and many times with multiple offers. You hear the media talking about how foreclosures have risen. Well think about it, what are some of the things that may offset these foreclosures? The media reports are usually on a National level and lumps the entire country together. For example, Lake Worth, Boynton Beach, Wellington and Delray Beach, as a small example still have certain attributes that will not change. Lake Worth, Boynton Beach, Wellington and Delray Beach are all desirable places to retire. The weather is great, home prices are as much as 50% less that 4 years ago which has also caused property taxes to drop dramatically and there is no State income tax in Florida. The price drop has also brought out a lot more buyers that couldn’t afford to buy in areas like Lake Worth, Boynton Beach, Wellington and Delray Beach prior to the prices dropping. Combine that with the fact that in Lake Worth, Boynton Beach, Wellington and Delray Beach just like most of South Florida, new home builders that were building 10s of thousands homes in these areas have just about ceased to exist. You will find very few new homes being built in Lake Worth, Boynton Beach, Wellington and Delray Beach. These items combined, this is a great time to buy in Lake Worth, Boynton Beach, Wellington and Delray Beach. The smart money in these areas is on the buyers side. For more details about foreclosures in palm beach county, please visit our website http://www.exitrealtypalmbeach.com |
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