In addition to the eight economic indicators that are a beacon of good things to come are two other factors that could make the real-estate market even hotter: lower lending standards and higher job growth.
Jupiter, FL (PRWEB) December 29, 2012
Now is the time. That’s what real-estate agents at Waterfront Properties and Club Communities are advising their clients as the robust recovery enters 2013.
After five-plus years of industry turmoil, homesellers and homebuyers would be well-advised to stop sitting on their hands and start seizing the day, as a recent report in Money magazine said.
Figures from eight economic indicators of the health of the overall economy, and the real-estate market specifically, show strong signs not only of a rebound, but also of a ramp-up of home prices across the United States.
South Florida is no exception. Singer Island homes for sale are growing in value, as are condominium units in Eastpointe. John Nugent, Waterfront Properties’ Singer Island sales specialist, can attest to that. For information about island properties, call 561-301-3371.
Home prices in Jupiter, Palm Beach Gardens, North Palm Beach and throughout the region also are expected to rise anywhere from one to 4 percent from 2013 to 2014, according to analysts. Because prices are predicted to go up, the playing field has changed. Sellers finally can come off the sidelines, and buyers should blitz. The Mortgage Bankers Association believes both things will happen and expects the number of new loans in 2013 to increase by almost 60 percent.
Waterfront Properties real-estate agents urge sellers to take care in pricing their homes so as to attract the most buyers and to pay close attention the all-important appraisal. Regarding the appraisal, agents will provide the county with the most up-to-date comparables and other pertinent information contributing to the value of Loxahatchee River property for sale, for example, including renovations, upgrades and enhancements, so everyone gets a fair shake.
As for buyers, they need to be prepared to make a deal, Waterfront Properties real-estate agents said. Getting pre-approved for a loan, deciding on an offering price and mentally making a move all are necessary for a successful transaction, and the team of associates at the established Jupiter firm can help every step of the way.
In addition to the eight economic indicators that are a beacon of good things to come are two other factors that could make the real-estate market even hotter: lower lending standards and higher job growth. If qualifying for a mortgage returns to the norm, as many as 500,000 additional home sales could take place in 2013. And if employment continues to rise, the pace of acceleration will be more rapid.
For information, visit the Waterfront Properties Web site at http://www.waterfront-properties.com.