According to a recent article in the Miami Herald, Florida real estate has hit its bottom.
“The real estate market in Florida probably has probably reached its lowest point, according to a survey of professionals across the state,” the article states.
And while such news comes as a welcome surprise to home sellers looking to move on in this market, the picture is not all rosy.
The article goes on to say, “but, they cautioned in the University of Florida’s survey of emerging market conditions, the situation probably won’t get much better anytime soon.”
So what does this mean for you as a home seller?
- Be encouraged: We may see some stabilization and eventual improvement across the market.
- Get motivated: It’s still a buyer’s market, and you won’t sell without effort.
Wondering what you can do to improve your home’s chances of selling? Check out our recent recap post filled with selling tips!