We're all living in an island or have been for the past year. I'm thinking about the second shot of Pfizer Vaccine received today and a conversation with a retired client. She's been "locked down" for the past year and I was surprised by the level of isolation. Speaking of New York, we have an unprecedented migration of people into Nassau County, FL from Nassau County, NY and other surrounding states.
Taxes are lower, cost of living seems lower, the weather is far better, we don't have estate taxes and we probably have a much higher percentage of immunized vulnerable population. I've been watching homes sell in days and multiple competitive offers on a single home. In a normal market, this is an occasional thing. Now, the norm is multiple offers and offers sometimes tens of thousands above list price.
It won't last, but with low inventory and more people pouring into the area, I can't see a visible reason for an end to the change. Is this based on the pandemic or just an acceleration of something we would see anyway?
Taxes are lower, cost of living seems lower, the weather is far better, we don't have estate taxes and we probably have a much higher percentage of immunized vulnerable population. I've been watching homes sell in days and multiple competitive offers on a single home. In a normal market, this is an occasional thing. Now, the norm is multiple offers and offers sometimes tens of thousands above list price.
It won't last, but with low inventory and more people pouring into the area, I can't see a visible reason for an end to the change. Is this based on the pandemic or just an acceleration of something we would see anyway?
Reviews
Be the first to review The Realty Source.
Write a Review
