If this week’s sales vs listings in just one of EWM’s offices is any indication, the market is changing. Our Coral Gables office had 37 residential sales versus 10 new listings and 27 leases vs 8 new rentals. Our total for this week, which include the sale of a commercial property was almost $35,000,000. This market change doesn’t mean that prices are going up yet, but it does mean we are clearing our inventory. We are seeing an increase in rental rates, however, as more people decide to rent and the inventory decreases.
If you need to sell, now is the time to do it since inventory is decreasing and there is demand. Remember to price it right, however, since pricing is everything in this market. If you don’t need to sell, but want to take advantage of the current market, use it to move up, downsize, while you rent out your current home. Alternatively, stay in your home and buy a rental property.
If you are planning to buy, now is definitely the time to buy due to a combination of low interest rates and low prices. If you don’t buy soon, you may find yourself priced out of the market or with even more limited choices.
Comments
Thank you to your curiosity in Investment Recommendation.
That is true for investment recommendation as effectively.
That is true for funding advice as effectively.
A financial advisor is your planning accomplice.
Now it’s time to decide your specific investments.
And this is an investment danger value taking.
And this is an investment risk worth taking.
A financial advisor is your planning accomplice.
Monetary advisors business is individuals enterprise.
Schwab Intelligent Portfolios invests in Schwab ETFs.
And that is an funding threat price taking.
This is true for funding recommendation as properly.
Traders do pay direct and indirect prices.
That is true for investment recommendation as nicely.
All sorts of investments come with certain risks.
Monetary advisors enterprise is individuals enterprise.
All kinds of investments come with sure risks.
And this is an funding threat price taking.
I read this piece of writing completely on the topic of the comparison of latest and previous
technologies, it’s awesome article.
Thanks for sharing your info. I really appreciate your efforts and I am waiting for your further
write ups thank you once again.
I was able to find good information from your blog articles.