Posts Tagged ‘investment’
Real estate investment opportunities in New Smyrna Beach, Florida
People keep asking us if the market has reached the bottom yet – and the honest answer is ‘we don’t know’. Certainly many of the sales are still those of properties where the owners can no longer manage the mortgage and the property taxes – so it is difficult to see the trend of those moving out of choice.
Whilst there are properties that are at risk of foreclosure, this will keep prices from rising. However, there is only a finite amount of ocean front space – so ocean front property will hold its value in the long term.
The internet has now given owners the freedom to find renters for their properties and this has encouraged people to look at buying rather than renting themselves. If the rent can cover some of the costs (or even make a profit overall), then buying a retirement home now while there is plenty of choice can make a lot of sense.
It wasn’t long ago, that trying to buy an ocean front property was a question of just rushing into the next one that came on the market because they were so scarce. Who is to say when that type of market will return?
The August issue of the Silver Dolphin Beachside Condo Guide © is now available for you to download. Use this link to view or download our Florida Beachside Condo Guide in pdf.
New Smyrna Beach FL Realty Blog
Find news about real estate for sale or rent in the New Smyrna Beach area of Florida from Silver Dolphin Properties. This blog presents snippets of ideas about renting, buying and staying in beautiful New Smyrna Beach from the perspectives of Neville – owner/broker, Liz – dealing with rentals from the UK, Noelle – Realtor, and Paula – our admin lady at weekends.
Real estate topics and tags for New Smyrna Beach and nearby communities in Florida will include advice, attractions, communities, Florida, homes, investment, listings, news, realtor, rental, sales, and schools.
Please use the contact us or other links on the main website to explore our New Smyrna Beach FL real estate site, and you’re welcome to comment on any of these blog posts, too – we’d love to hear from you.