November Boca Raton Real Estate Update
The real estate market in Boca Raton has slowed down, right along with the rest of the economy. As of November 2009, there are over 2000 available homes for sale and another 1900 plus Condo/Townhomes available for sale. Prices are lower due to the lack of demand in this staggering economy. But this is good news for prospective buyers! It's the best time to shop around and get a good deal on a great home! With interest rates still affordable, now is the time to buy. It is good for buyers to remember though, that if making an offer on a short sale time and patience is required. Banks are so swamped with the shear number of short sales that it may take months for an offer to be accepted. That should not discourage, however, because the deal can be worth the wait!