Now that we’ve started our 2018, we’ve seen that the Southwest Florida real estate market is likely to heat up even more. From New York to San Francisco, pricing trends in SWFL are starting to look very attractive this year due to changes in taxes, among other factors.
And while we saw recently what sellers in Southwest Florida can do to maximize their financial situation, I don’t want to leave buyers out of the equation. After all, 2018 brings with it just as much potential for buyers as it does for sellers, even though their situations are obviously different.And, in Southwest Florida, buyers are uniquely positioned to take advantage of the potential for increased value. But there’s also several tips that can help guide you as you find your next dream home in our area.
Anticipate encountering other buyers
As we saw in our previous article on selling Southwest Florida real estate in 2018, there is a big chance for multiple buyers for every house. Due to lower inventory and the popularity of our area, this means that you should be ready to give your best offer when it comes to buying.
Keep your budget in mind as you research pricing trends
As you start to look at pricing trends (and we can spend time looking at those together), you’ll notice that home values have been accelerating for some time in our area. Southwest Florida is likely to see another year like this, and so, you don’t want to be surprised at how quickly prices are moving in certain areas.
Look for diamonds in the rough
With that in mind, right now is an excellent time to hunt for those diamonds in the rough. From a new coat of paint to upgrade the kitchen, there are many home projects that can make a home shine beyond its initial look. And of course, we always are sharing those ideas with you here at Records Results.
Consider all your options for the area
Areas like North Cape Coral or Charlotte Harbor represent outstanding opportunities when it comes to Southwest Florida real estate. If one area feels a bit beyond your budget, there are others we can look at that still might fit your needs, but which offer more affordability.
Partner with a trusted Southwest Florida Realtor
Just like we recommended that sellers in Southwest Florida choose an expert in the area, we’re reiterating the importance of this tip for buyers too. When it comes down to it, a local realtor who not only understands the market, but also the community, is a huge help for buyers looking for their dream home.
Are you searching for your dream home in Southwest Florida and want to partner with an expert SWFL Realtor? Send me an email, and let’s talk!
Terry Records
Broker/Owner
Records Results Real Estate
Residential Sales and Property Management Service