Potential home buyers may find 2025 is the year to make the deal

Property Profit
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Jan 12, 2025 #homeprojects #business
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Realtor Kristina Krykhtin says this is shaping up to be a good year to buy because there is an increase in inventory on the market. She adds that sellers putting their property on the market and they are sitting longer.
Welcome back. It's a new year. New you. And for those of you looking to buy a
home, 2024 was a volatile year with low inventory and high prices. Well, will
2025 be any different? That's the question, right? So let's dive into the
market this morning to find out the top three areas where you can get the most
for your money and joining me live in studio is real true. Christina Crichton.
Good morning, Christina. Good morning, Betty. How are you? I'm doing great.
Thanks for joining us. But the question is, how is the market for 2025? Is this
a good year to buy? This is a great year to buy for buyers that are on the
sidelines. There's so much inventory that we have on the market, and I work
with buyers and sellers and sellers are putting their properties on the market
and they're sitting longer. These numbers we're seeing are pre pandemic.
When we have more inventory, there are more options, more room to negotiate. I
have listings that my sellers are constantly asking. Hey, are we getting
an offer? Hey, are we getting an offer? What does that tell me? Guys go out
there and start shopping for real estate. This is exciting. I know it
seems a little scary after the last year. Our inventory has been going up
because of high interest rates, but we're seeing constant demand for
quality homes. We're gonna go for a couple of them, right? Because people
want to know. Okay, well, if it's gonna be a good year, where should we go?
Where should we look? So let's get to those top three locations, starting
with number three, which you say is Palmetto Bay. Yeah, Palmetto Bay. So we
have so many people that are coming to south florida because of the job
opportunities. There's so many companies that are bringing their
businesses here continuously. I'm working with three of them now. But the
entrepreneurs that are moving here are looking for land, they're looking for
space and Palmetto Bay because it's close, it has land, it has
opportunities for great schools. People are moving to Palmetto locals who can't
afford those high prices. So for people that are buying locally, they can go in
the suburbs. One of the good ones that I recommend is Cutler Bay in and around
that area. Prices are a little bit lower in the 600 range. So if you're
looking to buy in the Miami area, that would be a great recommendation for me.
All right. So number two on the list is Parkland. Tell us why. Yeah,
Parkland is a great space for people to move to because number one, there's
great schools and you have also gated communities. You have low affordable
country clubs if you're into that kind of thing and of course land and it's
not too far off in the price range either. And like I say, always talk to
a mortgage broker because if you know what you can afford, you will be
empowered to make a good decision and make a strong offer. And again,
there's room to negotiate. Yeah, we're looking at some of the listings here.
Now your topic, the number one place you say to look for the most bang for
your buck is Miramar. Yes, I love Miramar and I sell a lot of homes there
and post pandemic, I've sold so many homes and set massive records. So
here's one of my listings that is currently on the market in Miramar.
We've been showing it constantly and we actually recommend people to go out and
submit offers because there's room to negotiate what to look for. Make sure
the roof is good, make sure you have storm protection because that impacts
your insurance and you can estimate what your monthly payments will be. So
be on the lookout, but also make sure to hire a trusted experienced realtor
when making those decisions. Very good advice there. Thank you so much
christian. Christina, thanks for joining us today. Thank you for having
me.
