In today’s entry, we will go through the Weston Hills Country Club Real Estate, to see how well it’s doing right now, and why people are choosing to move to South Florida.
The Weston Hills Country Club Real Estate market has been on fire lately. Nonetheless, due to extreme weather conditions as well as other things, it is even hotter. This real estate market offers perks that other markets dream of offering.
Alongside this, the community is completely private, and it has plenty of schools nearby. Now let’s see why Weston Hills has become so popular.
The duality in Florida
Florida presents two kinds of people. First, the people that already have a house in South Florida and people who want to purchase a house there.
Nowadays when you think about people wanting to move to South Florida in 2021 and 2022, you have to keep in mind the fact that at least 9 million people live there. What will happen if more people move to South Florida?
With large groups of people choosing to move to South Florida, there will be effects on house prices, but only the property prices and not something else. South Florida is famous for being a popular place, and because of it, there is a remarkable level of consistency in terms of incorporating new residents.
So, with more people traveling to Florida, it could benefit you, especially if you have a local business. More residents mean potential customers, so it’s a win-win.
Why are people choosing Florida?
The reason as to why more people are focusing on South Florida is easy to understand. One of the biggest factors behind the current departure from different states into the Florida area has been Covid-19.
Besides, constraints of the current pandemic have made people move out of crowded states and cities to run from the congestion.
People from states like New Jersey are moving to different places, which has caused inconveniences that weren’t there before. For instance, New Jersey is famous for being an overcrowded state, but these days, the amount of people living there is reducing considerably.
Not only this, but Florida is one of the most popular states in the U.S due to the spectacular beaches it has, as well as the amazing resorts people can go to on vacations.
People often need a change from cities such as New York, where streets are filled with cars and noises, and they decide to purchase a house near the beach, and this is where Weston Hills Country Club Real Estate comes in.
The properties that you can find in Weston Hills are close to the beach, and they are located inside the club, which has different benefits for potential buyers.
The growth of South Florida’s real estate market
After a remarkable year of growth, home prices in South Florida are projecting a rise of 6% this 2022. The median sale price for a single-family property has a current cost of $475,000, and those numbers could increase.
Due to new residents and business relocations from high-tax cities like New York, the demand for properties has risen, especially in South Florida. While rising house costs may not seem like a good thing for many homebuyers, it’s the complete opposite for people from other countries who want something different.
But there are other reasons as to why there has been a boom in South Florida’s popularity when it comes to selling or buying properties:
Florida’s population can increase up to 26 million people by 2030, and South Florida is found at the top of the list of counties with more citizens. Both the influx of people and business changing from high-tax urban areas to almost tax-free areas is playing a key role in the population growth.
Also, this is making people look over to Weston Hills Country Club Real Estate, given the characteristics of the properties being sold there. Furthermore, in South Florida neighborhoods, most houses are already purchased, meaning the chances of finding a house are lesser.
Believe it or not, but South Florida’s economy is among the largest economies in the U.S, and thanks to the amount of people traveling to Florida looking for a house or to relocate a business, new job opportunities are going to come.
Over the next 7 years, the job market in South Florida is expected to grow 7%, according to the Florida Department of Economic Security. Moreover, South Florida’s economic growth has been greater than Chicago’s and San Francisco’s, so there could be potential buyers coming from both cities.
One of the best aspects of the current success of Weston Hills Country Club Real Estate as well as South Florida’s, is the fact that the highest job growth projections include construction and transportation.
This means more projects and investment. More houses can be constructed in Weston Hills, and buyers will have the chance of presenting offers for the houses.
If we compared the single-family homes sales in South Florida’s market, there was a 140% of new surging. According to a report by CBS Miami, investors are deciding to skip on homebuyers who can’t compete against Weston Hills Country Club Homes.
A few neighborhoods in South Florida, including Weston Hills were listed among the best neighborhoods to live by the South Florida Business Journal. The factors considered were:
- Job opportunities.
- Relaxation methods.
- Crime statistics.
Also, South Florida has a tropical climate, making it perfect to purchase a property and enjoy summer vacations. Weston Hills offers a golf country club, in which you can play golf with your family.
Variety of properties
When it comes to buying houses, people are looking for different options, and Weston Hills can provide a long list of homes. You can find condos with 3 bedrooms and more than 3 bathrooms for less than $1 million, which is definitely appealing.
On the other hand, for anyone who is looking to buy bigger houses, Weston Hills has a little bit of everything. Even though the prices surpass $1 million, the number of bedrooms, bathrooms and surroundings is reason enough to start considering moving to Weston.
Predictions for Weston Hills Country Club real estate market
During most of the other real estate booms in South Florida, a large group of buyers for most properties came from different countries. Nonetheless, since the beginning of the pandemic, the tables have turned, and most of the new buyers are domestic.
Even though Weston Hills can provide a list of different options when it comes to houses, there’s work that needs to be done so that the houses can reach a more global audience.
For instance, Miami still tops the list of most visited cities in Florida, and a lot of people consider the possibility of buying a house there instead of taking a look at the rest of Florida.
What can be done is:
Pay attention to the demand
When looking at demand, one of the most positive aspects is the potential return of international buyers. These buyers have had to stay on the sideline due to the restrictions, but thanks to the reopening of flights, buyers can do more than watch video tours of condos and homes.
Now they can see the houses by themselves and decide if they want to buy them or not. In addition, it’s expected for institutional buyers to continue investing in the single-family home rental market, but both individuals and families are going to continue being the largest source of demand to purchase investment homes.
Throughout the state, builders are increasing the production of condominiums and new single-family homes. But shortages of construction supplies and labor are getting in the way of finishing the houses on time.
New developments take longer to complete, as well as renovations of existing houses. To keep things short, they can’t keep up with the demand.
The selling process
As someone tries to sell a property, it’s important to cultivate the relationship with the clients so that you can be at the top of mind when people decide to buy.
Given the rapid turns of the past two years, keeping up with the local real estate market condition is a good idea for serving buyers, sellers and even investors. You need to keep in mind that the market continues to move fast, and you need to be a full-time knowledge agent.
You should also improve your communication and negotiation skills, especially when selling properties in Weston Hills Country Club real estate market.
The warm weather of Florida is going to keep attracting people from all over the world. This, along with lower taxes, is the perfect market for new residents. Weston Hills houses are perfect for anyone who wants a change.
As the year continues, the market will likely be altered in a positive or negative way, but Florida will remain as one of the top states to live in.