1. Today buyers have the best selection of properties for sale Resort areas have had since the early 90’s.
2. Lowest interest rates many have seen in their lifetime on 30 yr fixed and Arms.
3. Terrific prices, in some cases prices are at 06 and 07 levels.
4. Build-Out is approaching and in other resort areas where build out has already occurred prices and demand soared.
5. Demographics: the previous 5 years witnessed unprecedented buyers reaching their peak spending years for resort properties and the next couple decades of baby boomer buyers are predicted to be substantially higher than the initial wave already witnessed.
6. Sale prices are at unprecedented percents of list – historic rates have been 97 to 100% of list price and today those rates are in the low to mid 90’s.
7. After every real estate downturn our resort area has witnessed a surge of activity resulting in price increases that start off slow and then soar.
8. Today sellers are willing to negotiate.
9. Purchase now and be in position to reap the benefits of the Nation’s economic turnaround.
10. Sellers willingness to negotiate today will fade away as the economy improves.
11. Historic interest rates will not last forever and many economist predict that once the economy starts to improve interest rates will rise.
12. Real estate has always been a great investment and resort real estate is also a tangible investment that one can use and enjoy with family and friends.
13. First time home buyers have additional benefits of purchasing today with the first time home buyer tax rebate combined with low interest rates resulting in more purchasing power.
14. Remodel cost and building cost are substantially lower today (20-30%) with many capable and willing contractors looking for business.
15. Lifestyle: great selection, terrific rates offering a wonderful way to leverage cash, increased buying power, best prices in years, motivated sellers provide buyers with a unique opportunity to own property in a resort area and enjoy a lifestyle that many only dream of…
16. Buy now as when prices increase, interest rates rise and supply dwindles purchasing may be out of reach for many.
