Trade Up, Trade Down
- Wednesday, May 13, 2009Many customers have expressed an interest in trading up from their existing property or trading down and getting cash out of their current property. The trade up trend is coming from people who realize the current market prices and mortgage interest rates make obtaining their dream home more affordable than any recent time. The trade down trend is driven by folks who have been negatively impacted by the stock market and are seeking a means to funds which will help them through these financial times.
What is very interesting is that I am not meeting anyone who is looking to sell their home, cash out and leave. This really speaks to what a wonderful place Marco Island truely is. It is a great location, with terrific properties and has excellent long term value!
