Davie Real Estate Market Has Its Ups and Downs
Just when I was getting settled back into a sellers market….
This past month I noticed that the Davie real estate market is shifting. In the past couple of weeks I have listed several Davie homes for sale. 6 months ago these homes would have flown off the Davie real estate market in the first week. Now I am getting few show requests on the higher end homes and tons of showings in the 250-450 price range…but very few realistic offers. This is not to say that some of the listings are going quickly with multiple offers, it is still happening if a home is priced exactly right. Pricing a home correctly is key to getting top dollar in this changing market. Even these well priced homes, once under “as-is” contracts, have the Buyers looking for repair credits. Buyers are hesitant to come out of pocket if the property does not appraise. Because of the growing inventory of Davie real estate some buyers even seem willing to pull the contract and continue looking if the seller won’t budge on the price.
I have been a Davie Realtor for 14 years, I have seen the market go up (way up!) and I have seen it go down, (way down!) several times. With inventory picking up and interest rates about to rise, I think seller’s who have been on the fence about selling should get on the market now. on the other hand, I do believe that now is a great time to buy with a good supply of homes to choose from and interest rates at near record lows. No matter the market, Davie real estate is always a good choice.
Over the years I have sold 100’s of Davie homes. The excellent schools, parks and country charm make Davie a great place to call home.
I should know…I’m not only a top davie realtor, I am a 20 year Davie resident as well!