Is South Florida Your Retirement Dream?

Over the past couple of weeks some of my friends and customers are putting a focus on their retirement goals!

Losses from the financial crisis and uncertainty (even with the good old bond market) are leaving so many of us scratching our head as to where and when to invest! But good old bricks and mortar in the form of residential real estate may not be such a bad option, especially if a retirement or vacation residence is on the horizon.

One million dollars does not buy you what it once did real estate-wise. In fact, it now buys you more! Sales of residences over $1M adjusted by more than 50% from the peak four years ago, opening excellent buying opportunities for those willing to take the plunge. Plus, consider the inventory that is now available for potential buyers.

I have approaching fifty listings, ranging from $1M to $11M and they are all beautiful residences! There is the highest selection of luxury residences that I have ever seen over my 11 year span as a real estate broker. Since July 4th, I have seen a shift in the buyer's attitudes when they look at the properties I represent. They are taking a little more time, asking more detailed questions and making offers when everything stacks up for them.
Some Fort Lauderdale properties offer excellent rental income, so that if you are not quite ready to retire you can rent, full or part-time, until the glorious day arrives to soak in the sunshine every day!

Whether you are looking to stick your toes in the sand of our beautiful Fort Lauderdale beaches, dock your boat behind your private residence or enjoy the 5-Star amenities of our luxury condominium communities, there is definitely an opportunity to achieve your real estate dream! Please do not hesitate to contact me or visit our website at www.luxuryrealestateftl.com. Your retirement goals could be well within reach.