I have been guiding my clients on the market conditions in North Port, FL...but now it is front page news in the North Port Sun Newspaper too! The big headline reads "PROPERTY VALUES UP."
Still on the sidelines waiting for the right time to buy? Wait no more.
The market declined, and house values lost about 60% of their value in North Port during the real estate crash. The year before last, values increased about 4%, this year values have increased over 8%!!
If you are on the market looking to buy real estate in North Port, FL....now is the time. I have people come down and decide to wait until next year to buy....it is your choice...but just realize that the $150,000 house today, will be $162,000 next year if things keep trending at the same rate.
This is good news for those waiting to sell as well! If you got a market value on your home a couple years ago and it was $150,000. Then last year it would have gone up to $156,000....this year it would be $168,480! So, if you were upside down in your mortgage and needed to sell...now may be the right time! Contact me for a free market analysis.