Last May an out of town client was looking for second home or condo in Coconut Grove. Her budget was between $400,000-$500,000. We saw multiple properties every time she flew down. But she waffled on the market and the property values. “Will prices go down?”, she would ask. Not having the benefit of a crystal ball, I could only give her my expert opinion: The market is on the rise.
Almost a year later, she’s re-engaged in her search… but her budget is $500,000-$600,000 – prices have noticeably increased. Here question now is, “How fast can I put in an offer?” My expert advice when buying a home in Coconut Grove: make sure it speaks to you – even if you are going to be using it as a second home.
I’d like to share this advice with all my readers, don’t let the pressure of rising prices make you settle or select a home prematurely. This is where the unbiased, fact-based knowledge of a local Realtor is invaluable. Listen to us. We know a thing or two about real estate:)
If you are looking for a home for sale in Coconut Grove between $500,000 and $600,000, contact me – I’ve seen most of them! Click here to access single family homes or condos in Coconut Grove that match that price range.
If you are considering buying or selling in Coconut Grove or Coral Gables, please feel free to contact me and benefit from the Strength of My Experience.
305.710.1010 | csmith@veryspecialhomes.com | facebook.com/CaroleSmithRealtor
Affiliated with EWM REALTY International | Christies International of Coral Gables
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