Southwest Florida, including Sarasota and Charlotte counties, are seeing more real estate activity — especially for investors. “Investors” of real estate are more likely to hold the purchased property for five or more years, as opposed to “Flippers”. “Flippers” of real estate tend to purchase, rehab with minor or major repairs and place on the market to sell quickly. Their goal is to make a profit and “get out”! A “Flippers” profit margin might be smaller than an “Investor”, however, they can do it over, and over, and over!
Prices of two bedroom and three bedroom homes are amazingly affordable. Not only investors and flippers picking them up! Second/vacation home buyers are snapping up the good values, as well as Baby Boomers looking to retire in 2 – 8 years. They share that they know it’s a better value now than when they are planning to retire – so they’re grabbing them now!
Check out this link to results of an interesting survey, just completed in May, with updates on the uptick of real estate investment, including Florida:
For more information about real estate in Sarasota County (Sarasota, Lakewood Ranch, Venice, North Port, Englewood) and Charlotte County (Englewood, Grove City, Cape Haze, Placida, Gulf Cove, South Gulf Cove, Port Charlotte) contact me at: firstname.lastname@example.org, 941-473-8326 or check out our website at: http://www.thepressleywhittakerteam.com/, Jean Pressley Whittaker, Broker-Associate, ABR, CIPS, CRS, GRI, SFR at Keller Williams Realty