In general, the inventory of available homes in the United States has been fairly low over the past few years.
As the national housing market has picked up stronger steam and home prices have skyrocketed, prospective home buyers have become increasingly frustrated as their quest for “the dream home” seems endless.
Florida is no exception. Since the housing market in Florida, was off to a strong start as 2018 rolled in, buyer motivation to keep their home search going is as high as ever—especially for those who plan to stay in a new home for at least the first five years.
A Boost in Local Home Values
While home sales may have declined during the summer of 2017—the housing market has been widely regarded as strong since the start of this year.
Declining home sales did not reflect a lack of interest among prospective buyers. If anything, it was quite the opposite. Those looking to buy a home last summer were gung-ho in their searches, with in-home tours and offers flying across the local market. They just couldn’t find what they were looking for.
What was lacking, was inventory—and in sufficient quantities. The lack of available homes coupled with a steady stream of attracted buyers kept home prices climbing through the end of 2017. Homes on the market became much more demanded and desirable, even for those in the luxury market.
Changing Course
It’s no wonder more prospective buyers are looking to make a move to this area.
Zillow recently reported that the markets that have appreciated the most in 2018 included the surrounding area, where values are up by 95.2 percent.
In all likelihood, encouraging appreciation figures like this will drive buyers to continue searching for a West Florida dream home.
Time to Find What You’re Looking for?
Yes, it can be tough to find your luxury dream home with less homes on the market, but Sam Rodgers Homes is constantly building and has homes ready now.
While it may be difficult to find exactly what you’re looking for elsewhere, we guarantee you’ll find it here. Sam Rodgers Homes offers Florida luxury through quality construction and while many builders say no to customization, Sam says YES!
Whatever your customization preferences may be, Sam Rodgers Homes can get you into your dream home in no time. Before you invest countless hours searching, simply visit Sam Rodgers Homes before summer’s end!
By sitting down to discuss your family’s specific home needs, we’ll determine:
- Which of our magnificent, move-in ready homes is the one for you
- How we can collaborate to design and build the home you’ve always dreamed of
Get in touch with us today to schedule a tour in one of our beautiful model homes!
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