Evolving Palm Coast Real Estate Market

Palm Coast FL Real Estate

As the Palm Coast real estate market continues to evolve and more short sales and foreclosures hit the market, uncertainty and fear take hold. Is this the best time to buy a house? Should I wait until the market stabilizes?  All good questions but not relevant to whether or not you need to buy or sell your home.
Many feel that you can get a house at bargain prices, paying more the 20% less what the homes are worth. This window of opportunity has faded. The market is stabilizing itself. This doesn’t mean that you cannot get a great deal. This means that the price you pay for your home will be closer to its actual (not inflated) worth. Which is a good thing. The deal you will be making is in your financing. The interest rates are the lowest in years. There are loans where you still can put zero down, with an interest rate under 5%.  Not only are you paying for what the house is actually worth but you are paying less in interest. PLUS, do not forget the tax benefits of owning your own home.
Investors can also celebrate in the deal. True, one may not be able to turn over a home in 90 days but rentals are a plenty and this can keep the cash flowing until equity has been built.
Have Beach Bum Realty help you find a house in Palm Coast that suits your needs. Think of size, location and budget. Beach Bum will calculate how much the house is worth in the market. Giving low ball offers will often get you frustrated and without a home. You want a fair price and everyone wins. Realize that you want to pay for what the house is worth, no more, no less and that the benefits of owning a house in Flagler County will come with time, as Real Estate was meant to be. Real Estate is an investment, NOT a get quick rich scheme. Invest in your future, get benefits today by having low interest rates and tax write-offs. Most importantly, you have a house that wil be worth more in the future.

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Palm Coast FL Real Estate