US NEWS ranks Port Charlotte in the 10 BEST PLACES TO RETIRE in 2012 read about it here: http://money.usnews.com/money/retirement/articles/2011/10/17/the-10-best-places-to-retire-in-2012?PageNr=3&s_cid=related-links%3ATOP We're in the 1st quarter of 2012 with sales & activity continuing to increase & inventory continuing to drop. Buyers should be realizing that NOW is the time to buy. Interest rates remain at historical lows but there have been vibrations of them beginning to rise again soon, so if you need financing, this is the time & THERE IS money to be loaned. Our lenders say please inquire first to see if and what you would qualify for before proceeding to look at property.
Foreclosures are still happening, but not in the quantities as there were a few years ago. The good news is that over 50% of sales continues to be CASH buyers & that has helped through this difficult time in the economy.
This positive trend shows the market is changing locally. It is definitely a great time to invest in Southwest Florida property. Interest rates (still), inflation and prices of homes are at an all time low right now. As properties around the Country begin to sell it will only help to improve our market more in the coming Winter season in Florida where we get many visitors from all over the world.
New home starts are up a bit (vacant lot prices are very low and it's a good time to consider building your dream home). We see more construction starts as we drive around. This is very good for our builders & construction industry. As inventories drop & prices stabilize we should be seeing more permits by the end of this year. What we call more of a NORMAL market.
New commercial growth continues slowly all over Charlotte & Sarasota County & that is still exciting. We continue to have in-state & out-of-state buyers wanting to move or relocate to the greater Port Charlotte, FL real estate or the Englewood, FL real estate area but are finding it harder to move forward due to the mortgage market woes. We need to keep moving forward knowing that there are still buyers with money wanting to relocate here & to not get overwhelmed with the negative news & the media.
This area is still a very desirable place to live & to work where many of us consider it our home in paradise with the climate being one of the biggest factors in the decision making process. You must visit this area to see for yourself in order to appreciate it totally. THIS IS THE TIME TO BUY, SO IF YOU'RE LOOKING TO INVEST IN FLORIDA - Call us today.
ZIP Code: 33947 Location Characteristics: Beautiful beaches, golf courses, boating waterways for fishing & enjoyment. Watch the dolphins in Charlotte Harbor & spectacular sunsets over the Gulf of Mexico. Build your dream home on an affordable lot or for investment. Many gently lived in homes are for sale at great prices making it a wonderful opportunity to buy in our Florida paradise.
About Becky Borci Realty, LLC:
Our philosophy is to listen to both buyers & sellers, & to direct our efforts toward meeting each of their goals. Because we handle all business affairs with the highest moral standards, honesty & a firm commitment to meeting individual needs, our customers know they have been dealt with openly & fairly. Our goal is to become "the real estate source" in our service area. Our clients can rely on our many years of customer support and business experience to deliver the best service. We help our clients every step of the way to obtain the best deal. You'll find our proven professional team offers honesty, integrity and reliability.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
