Quick Delivery Spec Homes
It’s no secret to anyone that Florida really suffered from the housing crisis. What that’s done is left a lot of homes that are ready for people to move into at extremely low prices. And these aren’t homes that were built by fly-by-night home builders either. Some of the home builders that are now selling homes at extremely low prices include national home builders like D.R. Horton, Richmond American and Taylor Morrison.
This means that there are some great deals on the market. How great? The price on some homes has come down more than 50% from its original rate. In some communities, where homes have been taken over by banks and then banks taken over by other banks, there have been deals reported as great as 65 – 75% or more. It’s not unusual to hear of homes that were originally listed around $400,000 suddenly showing up at rates under $100,000.
The same thing goes for condominiums. There are brand new large luxury condominiums that have less than a 20% occupancy rate that are looking for ways to attract buyers, and many of these are in places such as Key West, Miami and Fort Lauderdale, places with lots of beaches and great nightlife.
One such condominium community is known as Water’s Edge Luxury Condominiums, a 26-story luxury building in Clearwater, Florida. At one point the building was sitting almost totally empty until they got the approval to not only discount rates drastically, but they received special approval to only have to require a 3.5% down payment from the Federal Housing Administration. That has affected the occupancy rate in a positive direction, but there are still many units available for purchase.
There are plenty of deals like that throughout Florida for homes of all type. These homes are built with quality, are still brand new in that they’ve never had any previous residents in them, and are ready for you to move into them. Contact a realtor and start your new home search as soon as possible before the rebound takes hold.
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