What’s a Seller’s Market?
A Seller’s Market is a real estate market where there’s Low Supply. The opposite would be a Buyer’s Market when there is High Supply of properties to purchase.
Low Mortgage Rates
For Florida Sellers, who have been Upside-Down and contemplated whether to Upgrade or Downgrade – now is an opportune time!!
WHY do I say this? Well, buyers can afford to buy 10% more home today than in 2014 due to Low Mortgage Rates. The Sellers will get Top Dollar on their current home IF they sell AND be able to purchase a new property for very low interest or cash if they have enough equity, savings or investments.