With low taxes, lots of sunshine and a great amount of things to see and do, many areas of the country have long been a fan favorite of those looking to relocate their home and family, as well as their business while still staying within the country. Not only will you find lots of ocean front property, but a quick ride down to the Florida Keys or over to the famed Everglades. But when it comes down to business, there are a few things that you should know before buying a home in South Florida.
Right now is a great time to buy
No matter what your budget is, high rent prices have pushed more and more people into buying a home, which in the long run not only provides an investment, but cheaper monthly bills. This is because at the moment, mortgages are less expensive than monthly rent. This may not always be the case, making it a great idea to buy now while the market is on your side.
Downtown areas are hot right now
Because of all there is to do and see, along with the beautiful waterfront access, downtown areas are all the rage, as they have been for quite some time now. If you’re looking to live close to work and all the cities’ events, then you’ll want to look into spaces such as condos and apartments that are for sale. Prices will be higher in such areas, but the commute will be shorter, making it an even trade off for many. There are extras included like ducted air conditioning and even increased security.
An agent is your best friend
Not only will agents help you to find your dream space, but also provide access to lists of condos that are in the process of being built, but have yet to be purchased. Having access to these lists can be a big help, along with being a time saver, in the real estate world. As long as you don’t mind looking at a raw/naked space and envisioning what is to come, you’ll find that buying condos that are currently in the planning and construction phase to be a great way to purchase a new property before it hits the market.
Location, location, location
As something that is stated time and time again, location is very important when it comes to buying a home. This is especially true for South Florida cities as they are very large in size, meaning that large highways are needed in order for locals to successfully commute from one area to the next. This means that you’ll want to stay away from high traffic neighborhoods that have been situated right next to a large highway. Buying in these areas means lots of traffic and noise, something that you may find irritating after a few months.
South Florida is a fantastic place to live, work and play as if offers a little bit of something for everyone who passes through. If you’re planning on staying for the long haul, then you’ll want to move into a house, apartment or condo and live out the rest of your days in the sunshine that Florida has become so famous for.