So my Mom the other day started going through the listings real estate section of the paper and was surprised at what she saw. There were a ton of affordable, luxury homes in our little corner of Florida. This was a huge curveball because my mom just wanted some place closer to her new job, and was not necessarily looking to upgrade. Dubious, she looked online as to whether or not these luxury homes were really on the market or what.
She found that the listings real estate she looked at reported prices correctly. Turns out that the luxury home market in Florida is experience a total upswing that is reminiscent of the booming days of 2005 and of 2006. This current boom in the luxury real estate market might be due, she learned to a pent up demand. Everybody waited, and then started buying all of the luxury homes for sale.
Naturally, my Mom started looking at these listings real estate, and considered moving to Miami. For more than two decades, its port has been known as the “Cruise Capital of the World,” and has been the number one cruise passenger port in the world. And with more than 800 buildings, the Art Deco district of Miami beach is home to the largest collection of Art Deco Architecture in the entire world.
However, all the homes that she had circled in the listings real estate had been snatched already. My mom did not even get the chance to look at them. This is why it is so important to have a real estate agent who has access to the newest of new listing, because the imbalance of supply and demand might not rule in your favor.
My Mom continues to hunt through the listings real estate, sadly unable to find a home yet, but do not let this discourage you. If anything, I want you to take away from this article is how popular the listings real estate for a luxury home for sale are right now.
Do you have any questions or concerns on the listings real estate or any other kind of high end real estate? Feel free to share in the comments whether you think you need to be a hawk about sold real estate listings or not! Read this for more.