Why NOW Is The Best Time to Buy Real Estate This Year
Description
Unlock unique opportunities in the Palm Beach real estate market with insights from lending and mortgage expert Stephanie Coe. This episode of "I Love Palm Beach" sheds light on how the typically slow months of July and August, especially during an election year, can offer a rare chance for buyers to secure better deals and seller concessions. Listen in as we discuss the gradual drop in interest rates, the significance of strategic pricing for sellers, and how a balanced inventory market levels the playing field for normal American buyers against cash-rich and institutional investors.
Discover how a financially well-off young couple can maximize their home loan options through South Florida's Hometown Heroes program by taking advantage of a secondary $20,000 mortgage at 0% interest. We'll discuss the perks of new construction homes, like lower insurance costs and included warranties, and dispel common misconceptions about the program. We also dive into the best strategies for buying real estate, whether by targeting lower interest rates or purchase prices, and reveal potential growth opportunities in the rental market, including Section 8 housing. Our tips for first-time homebuyers and investors are not to be missed, as we highlight important market trends and the benefits of acting sooner rather than later.
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