Market Frenzy?

There are many reasons you may want to move to Florida and living the "Salt Life" can certainly be high on the list! (Photo courtesy of VZ)

If you haven't noticed, there's been a frenzy in home buying here in SWFL! Home sales are averaging 5 offers before selling, while receiving record number of bids at the same time, pushing prices higher! With limited inventory & hystorically low mortgage interest rates this market has put the pedle to the metal on home prices as more home buyers decide to make the sunshine state their home! Could this market frenzy also have something to do with the view?