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Florida Real Estate - A Review Of The Eight Major Counties

Although the Florida real estate market hasup.
stabilized over the last couple of years, it
is still hot. Florida has seen a real estateCape Coral in Lee County is a seller's
boom over the past few years, making it amarket. It has waterfront properties that are
great  place  to  buy  and  sell.in high demand. This county has seen a slight
decrease in the selling price for a
In Fort Lauderdale, Broward County, homessingle-family property. This year it is
average in price from $280,000 to $340,000.$285,000, which is off five to ten percent.
This is up 10-15 percent from last year,Single-family homes remain the greatest
making  this  a  buyer's  market.activity
The big push is in the single-family homes asIf you are in the Florida real estate market
well as condos and townhouses. Buyers who areand deciding to sell your home, a fresh coat
relocating to Florida are the biggestof paint and other cosmetic fixes, may be in
clients. Pre-built or pre-construction, asorder. However, your potential buyers may be
well as single-family homes are sellinglooking for something more. Here are a few
quickly.ideas.
Hillsborough County's Tampa Central has moreFirst, set a budget. Don't forget the rule of
Florida real estate sellers than buyers.thumb that you want to get, at minimum,
Because there is such a high supply of singledollar for dollar. Don't spend $1000 to get
family homes in several price ranges, the$750  back  out.
average selling time is three to four months.
Next, do a walk through. Look at the home as
Dayton Beach Shores in Volusia County has anif you were looking for the first time. Be
average selling time of three months. Overhonest with yourself. You don't want
the last year, there has been a downward turnpotential buyers too think too much needs to
of ten to fifteen percent. But, that isbe  fixed.
slowly changing because buyers are getting in
before it becomes less of a secret. This willCheck to see if anything looks too worn or
help  the  area  turn  up  again.dated. If the fixtures in the kitchen look
old, buyers will notice. Ask a designer for
Clearwater in Pinellas County has seen itssuggestions. Also, a good Florida real estate
Florida real estate prices rise twenty toagent  can help put on the finishing touches.
twenty-five percent. But, they are also
experiencing more supply than demand. OnLast, but not least, don't update things that
average, the homes are priced around $250,000don't need updating. If the stove looks good
and  also take about three months to be sold.and works well, don't replace it. Chances
are, you won't get the return you are
Kendall in Miami-Dade County has a relativelyexpecting.
stable market. Prices there have only raised
five percent. This is because there is a goodIf you are looking to sell your Florida real
level of both, supply and demand, in allestate and are looking for a full asking
price ranges. Again, single-family homes haveprice offer, you may have to be prepared to
the hottest activity. If you are selling, youwait three months or so. However, if you are
can expect three to four months for your homelooking for a quicker sell, lower your price
to  sell.in an attempt to make your property more
attractive.
Jacksonville-Southside, in Duvall County has
seen a rise of ten to fifteen percent in theIf you are buying Florida real estate, there
market over last year. This is definitely aare more then enough properties for you to
seller's market. The average price tag on alook at. You have time to relax and pick the
house is anywhere from $200,000 to $600,000.home that is most suited to you and meets
Again, the single-family homes are theyour  needs.
hottest  in  this Florida real estate market.
Summary:
Gainesville, in Alachua County, is most
definitely a seller's market. Most of theIf you are looking to buy or sell Florida
time, any thing less than full asking pricereal estate, even though the big housing boom
is not considered. Sellers experiencemay be over, there are still a lot of deals
multiple offers on properties. The reasonto be made in the more established and
this is so hot is because the universitystabilized market.
draws people and also buyers looking to move



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