Is the real estate market slower than in 2005 – Yes absolutely. However waterfront homes in Jacksonville are still selling.
Waterfront homes are unique – especially in Florida. There is only so much waterfront and there is only so much time left in this incredible buyers market. If you have a waterfront home to sell, know your buyer:
- Your buyer wants a deal. Not a deal compared to 2005, but a deal for today’s market.
- Your buyer is concerned about the value/investment. He is very likely to pay cash or get a portfolio loan in order to purchase your home. He wants lower risk.
- Your buyer is combing over the internet. Over 90% of ALL buyers are shopping on line.
- Your buyer may be an international buyer.
- Your buyer either wants everything to be perfect when they purchase or they want a complete rehab.
These are just a few thoughts to consider when marketing your waterfront home for sale. If you have any questions or comments, I’m just a quick email or phone call away: Brad@BradOfficer.com or 904-234-5196.
