Pompano Beach Real Estate2021-06-15T11:54:46-04:00June 15th, 2021|Categories: Pompano Beach Real Estate|Tags: best pompano beach real estate company, Buying in Pompano Beach, Pompano Beach Oceanfront Condos, Pompano Beach Real Estate Agent, Pompano Beach Realtor, Pompano Beach Realty, Pompano Beach Waterfront Homes, Pompano Beach waterfront homes for sale|
Pompano Beach Real Estate buying craze
Most Pompano Beach Real Estate Properties For Sale currently (June 2021) sell with multiple offers and usually above asking price.
Many Pompano Beach Realtors have not witnessed such a buying frenzy during their careers and buyers are loosing out on homes they want to purchase as most are getting outbid and that with cash offers.
Covid 19 has turned the Pompano Beach Real Estate Market on its head. Inventory is at an all time low, combined with an unprecedented demand of homes for sale, prices are continuing to increase. Zillow forecasts another 11% property price increase in 2021 alone.
Many first time home buyers are being prized out of the market and those who might have stellar credit, a great paying job and would normally be considered welcome buyers, are losing deals to cash buyers. Of course a seller will almost always pick a cash offer over a mortgage contingent one.
Where will this lead and how long will this craze last? There is currently no end in sight.
Call a Pompano Beach Realtor at 954-505-6000 if you are in the market of buying or selling Real Estate in Pompano Beach.
Pompano Beach Oceanfront Condos For Sale
Pompano Beach Condos For Sale in Zip Code 33062
See Pompano Beach Oceanfront Condos For Sale sorted by newest listing status .
Contact Pompano Beach Realty
Waterfront Condos For Sale in Pompano Beach
Pompano Beach Oceanfront Condos and Waterfront Condos in Pompano Beach have become hot commodities during the Pandemic.
Buyers from all over the US, but especially NY area and CA are swooping up oceanfront condos in Pompano Beach and most are paying cash for them!
It is not uncommon in this hot real estate market in Pompano Beach for oceanfront condos to sell for above asking price with multiple offers.
The fact that the city of Pompano Beach has invested tens of millions of dollars in projects like the complexly new and rebuilt fishing pier, the opening of 3 oceanfront restaurants (Beach House, Oceanic and Lucky Fish), the new TRU Hilton Hotel, Kilwins, Alvins Island, Five Guys and more have put Pompano Beach on the map.
As of May 2021 you can still buy Pompano Beach Oceanfront Condos for less than $400,000
Some people prefer buying waterfront homes in Pompano Beach while others preference are only Oceanfront Condos in Pompano Beach.
The choice is yours, and whatever your choice might be, come prepared when looking to buy real estate in Pompano Beach.
If paying cash for your oceanfront condo, or waterfront house, have your proof of funds ready.
If you are obtaining financing, a pre-approval is a MUST as your offer will not get accepted without such pre-approval.
Remember, you are competing against cash paying buyers and other highly qualified buyers with pre-approval on hand.
Our buyers have lost 4 waterfront homes in the last few weeks as they were outbid by other cash paying buyers and that by over $200,000 above asking price on properties in the $1.4 price range!
Don’t take buying Pompano Beach Real Estate lightly in this red hot real estate market in south east Florida.
The experienced Realtors of Pompano Beach Realty will guide you through the buying process.
Call Pompano Pompano Beach Realty at 954-505-6000 when looking to buy Pompano Beach Oceanfront Condos.
Oceanfront Condos in Pompano Beach
Pompano Beach Oceanfront Condos For Sale
Newest Pompano Beach Waterfront Condos For sale below.
Properties for Real Estate Investors
For Real Estate Investors in Pompano Beach
If you are a real estate investor looking to purchase investment property and Pompano Beach Real Estate, you have come to the right place.
We have listed all properties that have the keyword “Investor” somewhere in their MLS listing.
As a real estate investor it is important to purchase Condos that have no or little lease restrictions such as: Lease 1st year of ownership ok.
These might be condos in Pompano Beach that you can rent from the first year of ownership. That is rather rare as most buildings in Pompano Beach have rental restrictions that prohibit owners to rent the first and sometimes the first 2 years of ownership. Some won’t even let you rent more than once per year for a minimum of 90 days and a max of 360 days per year. This of course varies greatly between the Pompano Beach Condos For Sale
Browse the investor properties on this page to see if any of them meet your investment criteria.
Our friendly Realtors at Pompano Beach Realty are happy to show you the investor properties right for you.
Give us a call at 954-505-6000
Investor Properties in Pompano Beach
Townhomes For Sale in Pompano Beach
Townhouse living is a worry free living and suited especially for vacation homes owners as you can just lock up and leave back to your primary residence.
If you are looking for Pompano Beach Real Estate For Sale call your Pompano Beach Realtors with Pompano Beach Realty at 954-505-6000